Great Investment opportunity on well-maintained 4-Plex in SE Portland. Long term tenants. Each 2 Bed 1 Ba unit has it's own storage and two parking spaces. On site laundry. Units have been updated, new exterior paint and new roof in 2016. Please do not disturb tenants. No showings prior to accepted offer. All Offers written 'subject to interior inspection'. Interior Photos are not recent but give an idea of interior and updates.
Multi-familyProperty Type
1978Year Built
0.37 acresLot Size
$201Est. Price/Sq.Ft.
8 spacesParking
Listed by Barbara Castor• Axness & Kofman Real Estate
Bought with Daniel Goss• Century 21 North Homes Realty
Source:RMLS #17291739
Redfin Estimate
$717,862
$43K since sold in October 2021$2,000 since September
Recently sold homes
Estimate history
Homes for sale
This home's estimate is 26.1% higher than the average sale price ($569K) of 6 comparable homes.
Great Investment opportunity on well-maintained 4-Plex in SE Portland. Long term tenants. Each 2 Bed 1 Ba unit has it's own storage and two parking spaces. On site laundry. Units have been updated, new exterior paint and new roof in 2016. Please do not disturb tenants. No showings prior to accepted offer. All Offers written 'subject to interior inspection'. Interior Photos are not recent but give an idea of interior and updates.
Public Records
Feb 28, 2006
Sold
$352,000
$99/sq ft
Public Records
Aug 3, 2004
Sold
$305,000
$85/sq ft
Public Records
Dec 10, 1997
Sold
$229,500
$64/sq ft
Year
Property tax
Land + Additions
Assessment*
2025
$7,543 (+4.3%)
2024
$7,232 (+4.5%)
2023
$6,924 (+2.5%)
2022
$6,755 (−0.9%)
2021
$6,813 (+12.1%)
2020
$6,075 (+3.9%)
2019
$5,847 (+3.5%)
2018
$5,650 (+3.8%)
2017
$5,444 (+3.7%)
2016
$5,249 (+6.4%)
2015
$4,934 (+8.9%)
2014
$4,529 (+13.9%)
2013
$3,977 (+6.5%)
2012
$3,733 (−2.3%)
2011
$3,820 (−15.8%)
2010
$4,536 (−0.2%)
2009
$4,547
Tax history for 15418 SE Stark St
Year
Property tax
Land + Additions
Assessment*
2025
$7,543 (+4.3%)
2024
$7,232 (+4.5%)
2023
$6,924 (+2.5%)
2022
$6,755 (−0.9%)
2021
$6,813 (+12.1%)
2020
$6,075 (+3.9%)
2019
$5,847 (+3.5%)
2018
$5,650 (+3.8%)
2017
$5,444 (+3.7%)
2016
$5,249 (+6.4%)
2015
$4,934 (+8.9%)
2014
$4,529 (+13.9%)
2013
$3,977 (+6.5%)
2012
$3,733 (−2.3%)
2011
$3,820 (−15.8%)
2010
$4,536 (−0.2%)
2009
$4,547
*Taxable value of land and structures on it ("additions") is determined regularly by local assessors and does not affect market price.
Zoning and permits
Zoning
Permits
RM1
Residential Multi-Dwelling 1 Zone
The RM1 zone is a low-scale multi-dwelling zone that is generally applied in locations intended to provide a transition in scale to single-dwelling residential areas, such as the edges of mixed-use centers and civic corridors, and along or near neighborhood corridors. Allowed housing is characterized by one to three story buildings that relate to the patterns of residential neighborhoods, but at a somewhat larger scale and building coverage than allowed in the single-dwelling zones. The major types of new development will be duplexes, triplexes, rowhouses, courtyard housing, small apartment buildings, and other relatively small-scale multi-dwelling and small-lot housing types that are compatible with the characteristics of Portland's residential neighborhoods.
Permitted uses
Include but are not limited to:
Housing
Housing-Group
Housing-Single unit
Housing-Multiple units
Housing-Senior
May 27, 2004 • Final
Housing
Bathroom
Remodel
Permit history is from public records and may be incomplete or inaccurate. Redfin and its agents make no representations about the property condition or permit status. Buyers should independently verify all information.
Property details
Interior
Bathroom Information
# of Full Baths: 4
Heating & Cooling
Heating Fuel Type: Electric
Heating Type: Baseboard
Exterior
Exterior Information
Foundation Type: Concrete
Construction Type: Wood
Exterior Wall: Wood
Building Type: 4-Plex
Property Information
Subdivision Name: RITLOW ACRES
Living Sq. Ft: 3,568
Ground Floor Sq. Ft: 1,958
Building Sq. Ft: 3,568
# of Stories: 2
Legal Description: RITLOW AC, BLOCK A, W 1/2 OF E 1/2 OF LOT 2 EXC S 320'& EXC E 57.5' OF N 122'
Lot Information
# of Buildings: 1
Land Sq. Ft: 16,235
Legal Lot Number: 2
Legal Block Number: A
Acres: 0.37
Zoning Code: R2
State Use Description: RESIDENTIAL,IMPROVED
Utility Information
Sewer Type: Public
Financial
Assessor Information
Assessment Year: 2025
Public facts
Beds: 8
Baths: 4.0
Sq. Ft.: 3,568
Stories: 2.0
Lot Size: 0.37 acres
Style: Multi-Family (2-4 Unit)
Year Built: 1978
Year Renovated: 1978
County: Multnomah County
APN: R255660
Home facts updated by county records on Oct 5, 2026
Around this home
Schools
Parklane Elementary School
Public K-5 • Assigned • 0.3mi
6/10
Centennial High School
Public 9-12 • Assigned • 2.0mi
4/10
Provided by GreatSchools
Lifestyle
Provided by Walk Score and Local Logic
Climate risks
1/10 Flood Factor
Minimal risk of a flood reaching the building in the next 30 years
1/10 Fire Factor
Unlikely to be in a wildfire in next 30 years
3/10 Heat Factor
7 days above 92° expected this year, 15 days in 30 years
1/10 Wind Factor
Minimal risk of severe winds over next 30 years
10/10 Air Factor
23 unhealthy days expected this year, 27 days in 30 years
Provided by First Street
Historical weather
Portland, OR • 97233
Average low and high temperatures (°F)
46
36
49
37
57
42
64
44
70
49
76
54
82
57
83
60
76
55
63
47
52
43
49
42
Jan
Feb
Mar
Apr
May
Jun
Jul
Aug
Sep
Oct
Nov
Dec
Sun exposure
In this area, properties receive around 9.7 hours in
June and 2 hours in December, placing it below the
U.S. average for solar exposure.
9.7 hrs
2 hrs
JuneDecember
Provided by Shadowmap
Estimated sale price
$682,000 – $826,000
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