This home's estimate is 17.4% higher than the average sale price ($408K) 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]

Redfin Estimate
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Market trends in Centennial, OR
Last updated October 2026
Buyer's Market
Seller's Market
Seller's market
- NEW 29 HRS AGO$500,0004 beds2 baths2,400 sq ft16207 SE Main St, Portland, OR 97233Troy D Doty P.C. • Northwest Realty Source
- COMING SOON$400,0002 beds1 bath1,020 sq ft2309 SE 135th Ave, Portland, OR 97233Dave Van Nus • Keller Williams Realty Portland Premiere
- 3D WALKTHROUGH$299,9502 beds2 baths864 sq ft611 SE 142nd Ave Unit B, Portland, OR 97233Madison Limon • Oregon Digs Real Estate
- OPEN NOV 17, 1PM TO 3PM$415,0003 beds2 baths1,289 sq ft708 SE 141st Ave, Portland, OR 97233Darci Buckland-Guasco • Premiere Property Group, LLC
- $435,0003 beds2 baths1,450 sq ft1905 SE 154th Ave, Portland, OR 97233Susannah Nord • Windermere Realty Trust
See all
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
- K - 12
- Preschool & daycare
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






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Home values near 15514 SE Stark St
| Address | Redfin Estimate |
|---|---|
3 Beds | 2 Baths | 1070 Sq. Ft. | $378,793 |
2 Beds | 1 Baths | 1006 Sq. Ft. | $321,439 |
4 Beds | 4 Baths | 2178 Sq. Ft. | $480,691 |
6 Beds | 6 Baths | 3213 Sq. Ft. | $618,985 |
7 Beds | 5.5 Baths | 3766 Sq. Ft. | $696,473 |
3 Beds | 1 Baths | 910 Sq. Ft. | $382,151 |
3 Beds | 2 Baths | 1199 Sq. Ft. | $416,948 |
| Address | Redfin Estimate |
|---|---|
4 Beds | 2 Baths | 2436 Sq. Ft. | $541,192 |
3 Beds | 1 Baths | 888 Sq. Ft. | $397,332 |
4 Beds | 2 Baths | 2436 Sq. Ft. | $513,364 |
3 Beds | 1 Baths | 1184 Sq. Ft. | $383,349 |
4 Beds | 3 Baths | 2272 Sq. Ft. | $526,189 |
3 Beds | 1.5 Baths | 1412 Sq. Ft. | $441,556 |
4 Beds | 3 Baths | 2272 Sq. Ft. | $516,046 |
| Address | Redfin Estimate |
|---|---|
3 Beds | 1 Baths | 1398 Sq. Ft. | $287,115 |
3 Beds | 1 Baths | 888 Sq. Ft. | $390,212 |
6 Beds | 6 Baths | 3212 Sq. Ft. | $617,166 |
3 Beds | 2 Baths | 1652 Sq. Ft. | $463,607 |
4 Beds | 2 Baths | 2161 Sq. Ft. | $388,990 |
4 Beds | 3 Baths | 2171 Sq. Ft. | $458,875 |
3 Beds | 2 Baths | 1092 Sq. Ft. | $403,543 |
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