16816 SE Stark St, Portland, OR 97233
Local realty services provided by:Knipe Realty ERA Powered
16816 SE Stark St,Portland, OR 97233
$700,000
- - Beds
- - Baths
- 3,100 sq. ft.
- Multi-family
- Active
Listed by: nick shivers, philip triem
Office: exp realty, llc.888-814-9613
MLS#:493418825
Source:PORTLAND
Price summary
- Price:$700,000
- Price per sq. ft.:$225.81
About this home
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"...
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Home facts
- Year built:1911
- Listing ID #:493418825
- Added:45 day(s) ago
- Updated:October 06, 2026 at 03:56 PM
Rooms and interior
- Basement Description:Separate Living Quarters/apartment/aux Living Unit, Unfinished
- Living area:3,100 sq. ft.
Structure and exterior
- Roof:Composition
- Year built:1911
- Building area:3,100 sq. ft.
- Lot area:0.25 Acres
- Lot Features:Level, On Busline
- Levels:2 Stories
Schools
- High school:Reynolds
- Middle school:Reynolds
- Elementary school:Alder
Utilities
- Water:Public Water
- Sewer:Public Sewer
Finances and disclosures
- Price:$700,000
- Price per sq. ft.:$225.81
- Tax amount:$5,182 (2025)
Parking
- Total parking spaces:4
- Parking description:Assigned
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