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Sarita Dua

OPERATOR | The AskSarita Team | Keller Williams Sunset Corridor

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16816 SE Stark St , Portland, OR 97233
$750,000
Est. Payment: $3,830.37/mo
8 Bed
5 Bath
3100 Sqft
Status: Active | Days on site: 17
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House Description

One Smart Investment. Endless Possibilities. Welcome to this rare Portland Commercial Zoned 4-plex offering immediate income-producing potential and exceptional flexibility for investors and owner-occupants alike. Live in one unit and let the other three help offset your mortgage, or add this versatile multi-unit property to your rental portfolio. This also has the ability to make it a five-plex - "buyer to do due diligence". The property features an attractive mix of two 2-bedroom units, one 4-bedroom unit, and one studio, each with one full bathroom and its own kitchen with appliances. The units offer a variety of layouts and finishes, with features including updated cabinetry, tiled baths, wood-look and tile flooring, and hardie plank siding. The roof is only a year old! A classic covered front porch adds character, while off-street parking, a fenced outdoor area, mature landscaping, and a detached storage shed add everyday functionality. There are washer and dryer hookups located in the downstairs utility room accessed externally. Location is a major advantage for tenants as well: the property is on a bus line, with the MAX light rail approximately six blocks away, making commuting around the Portland metro convenient. Everyday shopping and groceries are close at hand, while nearby parks provide neighborhood recreation. For a bigger outdoor escape, Powell Butte Nature Park offers miles of trails and sweeping views, and Glendoveer Golf & Tennis is another popular East Portland destination. Whether you're looking to house-hack, expand your rental portfolio, or create a multigenerational living setup, this property delivers the unit mix, transit access, and income potential that are increasingly hard to find. Four units, multiple income streams, and one opportunity you won't want to miss. *There are two outbuildings that could possibly be rented out as well - "buyer to do due diligence"

Highlights

Listed by Nick Shivers , 503-389-0821 and Philip Triem , 888-814-9613 eXp Realty, LLC , 888-814-9613. Portland Regional Multiple Listing Service mls logo

Property Type

Multi-Family

Lot/Acreage
0.25

Year Built

1911

County

Multnomah

Area

143 - Portland Southeast

Listing ID

493418825

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Interior Features

Bedrooms and Bathrooms
  • Bedrooms:8
  • Bathrooms:5
  • Full Bathrooms:5
Basement:Separate Living Quarters/Apartment/Aux Living Unit,Unfinished
Water:Public Water

Exterior Features

Lot:Level,On Busline
Garage Capacity:4
Zoning:CMU
Roof:Composition
Sewer:Public Sewer
Parking Features:Assigned
Principal Interest
$3,830
Taxes
$432

Home Price

$750,000

Loan Details

30 yrs
6.596%

Down Payment

20%
$150,000
All calculations are estimates and provided by Blueroof360. Today’s Rates provided by Blueroof360. Information and interactive calculators are made available to you only as self-help tools for your independent use and are not intended to provide investment or tax advice. We cannot and do not guarantee their applicability or accuracy in regards to your individual circumstances. All examples are hypothetical and are for illustrative purposes. We encourage you to seek personalized advice from qualified professionals regarding all personal finance issues.
Monthly Price:
$3,830.37

Principal

Taxes

Principal Taxes HOA Total
Monthly $3,830.37 $431.82 $0.00 $4,262.19
Yearly $45,964.41 $5,181.89 $0.00 $51,146.30
Total $1,378,932.42 $155,456.70 $0.00 $1,534,389.12

Today's Rates

30 Year

6.6%

20 Year

6.33%

15 Year

6.05%

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Market insight data is pulled from the same city as the listing being viewed (Portland, OR).

The schools listed are within a 2-mile radius of the property; however, attendance is not guaranteed. Please contact the local school district to confirm zoning and enrollment options.


The data relating to real estate for sale on this web site comes in part from the Portland Regional Multiple Listing Service. Real estate listings held by brokerage firms other than The AskSarita Team | Keller Williams Sunset Corridor are marked with the IDX logo and detailed information about them includes the name of the listing brokers.

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Data last updated: 2026-09-07T13:53:59.000Z

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