This home's estimate is 6.3% higher than the average sale price ($454K) of 6 comparable homes.
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15514 SE Stark St, Portland, OR 97233
About this home
Amazing opportunity to own a rental or investment property. Convenient floor plan and easy to rent, or occupy one unit and rent the other for an owner-occupied duplex. Great location right next to bus line on Stark and access to freeways. New water heater, carpet, and laminate flooring. Each unit includes garage, with vacant unit being attached. Two total units, 2 beds and 1.5 baths each. [Home Energy Score = 6. HES Report at https://rpt.greenbuildingregistry.com/hes/OR10183100]

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Market trends in Centennial, OR
Last updated September 2026
Buyer's Market
Seller's Market
Seller's market
- HOT HOME$310,0003 beds1 bath960 sq ft17101 SE Market St, Portland, OR 97233Michael Jacobson • Windermere Realty Trust
- $329,9002 beds1 bath865 sq ft1636 SE 148th Ave, Portland, OR 97233Ron Brister • Soldera Properties, Inc
- $294,9002 beds2 baths800 sq ft16317 SE Salmon St Unit B, Portland, OR 97233Tony Apa • JMG - Jason Mitchell Group
- $479,0003 beds2 baths2,365 sq ft1108 SE 168th Ave, Portland, OR 97233Marty Spellman • John L. Scott Portland Metro
- 3D WALKTHROUGH$369,9003 beds1 bath1,544 sq ft630 SE 134th Ave, Portland, OR 97233Michael Farrell • Call it Closed International, Inc
- $479,9004 beds2 baths2,231 sq ft2236 SE 185th Ave, Portland, OR 97233Drake VanDoozer • RE/MAX Equity Group
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Provided by Redfin
Sale history for 15514 SE Stark St
$184/sq ft
$188/sq ft
$190/sq ft
$192/sq ft
$197/sq ft
$108/sq ft
$119/sq ft





Great floor plan and easy to rent. Would make excellent owner occupied property with additional rental income helping with mortgage payment. Convenient location on bus line and access to I-205 and I-84. Property has been fully rented since 2006.
$122/sq ft
$184/sq ft
Tax history for 15514 SE Stark St
*Taxable value of land and structures on it ("additions") is determined regularly by local assessors and does not affect market price.
Public record
- Public record
- Zoning
RM1
H
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.- Aircraft Landing Zone
Include but are not limited to:
- Housing
- Housing-Group
- Housing-Single unit
- Housing-Multiple units
- Housing-Senior
Property details
Parking
- Parking Information
- Parking Features: Attached, Garage
Interior
- Appliances
- Hot Water Description: Gas
- Interior Features
- Storage: Garage(s)
- Basement: Crawl Space
- Multi Unit Information
- # Of Units Total: 2
- Unit Information
- Unit Type: 1, 2
- Unit Type 1 Information
- Actual Rent: $1,200
- Area: 1,045
- Baths Total: 2
- Beds Total: 2
- Features: Dishwasher, Refrigerator, Washer/Dryer Hookup, Window Coverings
- Units Total: 1
- Unit Type 2 Information
- Actual Rent: $1,200
- Area: 1,045
- BathsTotal: 2
- Beds Total: 2
- Features: Dishwasher, Refrigerator, Washer/Dryer Hookup, Window Coverings
- Units Total: 1
Exterior
- Exterior Features
- Roof: Composition
- Exterior Description: Vinyl Siding
- Unreinforced Masonry Bldg: No
- Lot Information
- Lot Size Range: 3,000 to 4,999 SqFt
- Lot Size: 3,000 to 4,999 SqFt
- Lot Features: Level, On Busline
- Parcel Number: R261603
- Road Surface Type: Concrete, Paved
- Property Information
- Property Type: Multi Family
- Property Attached YN: No
- Property Condition: Updated/Remodeled
- Security Features: Sidewalk
- View YN: No
- Building Information
- Year Built: 1998
- Building Area Total: 2,179
Financial
- Tax Information
- Tax Year: 2018
- Tax Legal Description: ROSES, LOT 2
- Tax Annual Amount: $4,558.11
- Rent Information
- Rent Includes: Sewer, Trash Collection, Water
- Lease / Rent Information
- CAP Rate: 4.97
- Gross Rent Multiplier: 14.2
Utilities
- Utility Information
- Green Certification YN: Yes
- Fuel Description: Electricity
- Water Source: Public Water
- Sewer: Public Sewer
- Heating & Cooling
- Heating YN: Yes
- Heating: Baseboard
- Cooling YN: No
Location
- School Information
- Elementary School: Harold Oliver
- Middle Or Junior School: Centennial
- High School: Centennial
- Location Information
- Directions: South side of Stark Street next to SE 155th Avenue
- Unparsed Address: 15514 SE STARK ST, Portland, OR 97233
- Community Information
- Community Features: Laundry
- Zoning: R2
Public facts
- Beds: 4
- Baths: 3.0
- Sq. Ft.: 2,179
- Stories: 2.0
- Lot Size: 4,108 square feet
- Style: Multi-Family (2-4 Unit)
- Year Built: 1998
- Year Renovated: 1998
- County: Multnomah County
- APN: R261603
Other
- Listing Information
- MlsStatus: Sold
- Listing Price Information
- Price Type: List Price
Around this home
Schools
Public K-5 • Assigned • 0.4mi
Public 9-12 • Assigned • 2.0mi
Lifestyle
Provided by Walk Score and Local Logic
Climate risks
Minimal risk of a flood reaching the building in the next 30 years
Unlikely to be in a wildfire in next 30 years
7 days above 92° expected this year, 15 days in 30 years
Minimal risk of severe winds over next 30 years
23 unhealthy days expected this year, 27 days in 30 years
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.
Nearby similar homes
New listings for sale in 97233
Home values near 15514 SE Stark St
| Address | Redfin Estimate |
|---|---|
3 Beds | 2 Baths | 1070 Sq. Ft. | $381,752 |
2 Beds | 1 Baths | 1006 Sq. Ft. | $324,454 |
| Address | Redfin Estimate |
|---|---|
4 Beds | 2 Baths | 2436 Sq. Ft. | $556,148 |
3 Beds | 1 Baths | 888 Sq. Ft. | $410,163 |
| Address | Redfin Estimate |
|---|---|
3 Beds | 1 Baths | 1398 Sq. Ft. | $289,866 |
3 Beds | 1 Baths | 888 Sq. Ft. | $391,762 |
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