OFF MARKET

Off Market Sep 2025 for $1.7M

—

Est. refi paymentEst. refi $4,401/mo

•

17 ba

•

13,514

sq ft

16360 SE Stark St, Portland, OR 97233

About this home

Great, 16 unit Gresham apartment complex with on site laundry and plenty of parking. Priced to sell at $137.5k per unit, you will find this property very competitive. Great occupancy history. Two units recently remodeled and several others greatly updated. Current Cap rate is low due to two units being empty for over a year caused by two separate water damage losses. With them finished and soon to be rented, the Cap rate should end up at 4.8 for 2025. NOT IN PORTLAND! This is a Gresham property with a Portland address. Don't be fooled! You are not bound by Portland rental requirements. Not all two bed nor one bed units rent for the same amount.

Multi-familyProperty Type

1964Year Built

0.69 acresLot Size

$126Price/Sq.Ft.

16 spacesParking

Listed by Chris Gordon • Gordon Properties

Contact: chrisgordonsells@gmail.com

Bought with OR and WA Non Rmls • Non Rmls Broker

Redfin checked: 2 minutes ago

•Source:RMLS #388817085

Redfin Estimate

Unfortunately, we don't have enough data to generate an accurate Estimate at this time.

Market trends in Rockwood, OR

Last updated August 2026

Buyer's Market

Seller's Market

Seller's market

Sale-to-List Price

101.0%

+0.1% MoM

Median sale price

$427K

$2K MoM

Avg. days on market

41d

21 days MoM

Recently sold homes

1 MoM

New listings for sale

NEW 3 HRS AGO
$399,000
3 beds1 bath1,802 sq ft
1147 SE 174th Ave, Portland, OR 97233
Geri Penner • MORE Realty
NEW 8 HRS AGO
$369,500
3 beds1 bath910 sq ft
32 SE 126th Ave, Portland, OR 97233
Bill Gaffney • Change Realty, LLC
$674,900
6 beds3 baths— sq ft
201 SE 176th Pl, Portland, OR 97233
Jeff Stephens • MORE Realty
NEW 17 HRS AGO
$399,999
3 beds1 bath899 sq ft
1506 SE 145th Ave, Portland, OR 97233
Paul Warren • MORE Realty
OPEN SAT, 12PM TO 2PM
$514,900
4 beds2 baths2,254 sq ft
17021 SE Alder St, Portland, OR 97233
Phe Le • MORE Realty
$275,000
2 beds1 bath568 sq ft
1205 SE 151st Ave, Portland, OR 97233
Ashley Brose • John L. Scott Market Center
SHORT SALE
$399,999
3 beds3 baths1,986 sq ft
1902 SE 151st Ave, Portland, OR 97233
Aaron Signor • SBRE Small Business Realty Inc.
$459,900
2 beds1 bath1,782 sq ft
14035 SE Harrison St, Portland, OR 97233
Vladislav Geshka • MORE Realty
3D WALKTHROUGH
$439,900
3 beds1 bath1,017 sq ft
17126 SE Taylor St, Portland, OR 97233
Jeremy Wilkerson • MORE Realty
$429,900
3 beds2 baths1,610 sq ft
14339 SE Alder Ct, Portland, OR 97233
Margarita Barragan • Cascade Hasson Sotheby's International Realty
See all

Provided by Redfin

Sale history for 16360 SE Stark St

Tax history for 16360 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

Beds

—

Baths

16.5

Stories

Lot width

—

Lot depth

—

Lot size

—

Year renovated

1964

Sq. Ft.

13,514

Year built

1964

Style

Condo/Co-op

County

Multnomah County

APN

R337992

Parking Spaces

—

Basement

—

Accessible

—

HOA Dues

—

Garage

—

Features

—

Last updated by owner on Jul 15, 2026.

Moderate Commercial District

The MC district is applied to smaller nodes of commercial activity than the Community Commercial and is clustered around key intersections. This district is intended to function primarily as locally-oriented centers serving smaller trade areas than the Community Commercial district. Building size limitations ensure compatibility with the surrounding neighborhoods. Permitted development types include commercial retail, service, and office uses. This district also permits housing as a secondary use, with multifamily being developed in conjunction with commercial construction. Design Standards in Section 7.0100 for new construction and remodels which meet the thresholds described in Section 7.0003 will ensure a strong pedestrian orientation for new development.

Permitted uses

Include but are not limited to:

Day care facility
Housing-Other
Infrastructure-Other
Mixed use

Property details

Parking

Parking Information
Parking Features: Assigned, Off Street
Parking Total: 16

Interior

Appliances
Hot Water Description: Electricity

Exterior

Exterior Features
Roof: Composition
Exterior Description: Lap Siding, Wood Composite
Unreinforced Masonry Bldg: Unknown

Lot Information
Lot Size Square Feet: 30,056
Lot Size Range: 20,000 SqFt to .99 Acres
Lot Size Acres: 0.69
Lot Size: 20,000 SqFt to .99 Acres
Lot Features: Corner Lot, Level, On Busline
Parcel Number: R337992
Road Surface Type: Paved

Property Information
Property Type: Multi Family
Property Attached YN: No
Property Condition: Existing
Security Features: Security Lights
View YN: No

Building Information
Year Built: 1964
Building Area Total: 13,514
Foundation Details: Concrete Perimeter

Financial

Tax Information
Tax Year: 2024
Tax Legal Description: SECTION 06 1S 3E, TL 12100 0.69 ACRES
Tax Annual Amount: $18,705.61

Rent Information
Rent Includes: Maintenance Grounds, Sewer, Trash Collection, Water

Lease / Rent Information
CAP Rate: 4.14
Gross Rent Multiplier: 13.57

Utilities

Utility Information
Green Certification YN: No
Fuel Description: Electricity
Water Source: Public Water
Sewer: Public Sewer

Heating & Cooling
Heating YN: Yes
Heating: Baseboard, Wall Heater
Cooling YN: No

Location

Multi Unit Information
# Of Units Total: 16

Unit Information
Unit Type: 1, 2, 3

Unit Type 1 Information
Actual Rent: $1,445
Area: 1,064
Baths Total: 2
Beds Total: 3
Features: Range, Refrigerator, Washer/Dryer Hookup, Window Coverings
Units Total: 1

Unit Type 2 Information
Actual Rent: $1,195
Area: 800
BathsTotal: 1
Beds Total: 2
Features: Range, Refrigerator, Unfurnished, Window Coverings
Units Total: 12

Unit Type 3 Information
Actual Rent: $1,095
Area: 700
Baths Total: 1
Beds Total: 1
Features: Range, Refrigerator, Unfurnished, Window Coverings
Units Total: 3

School Information
Elementary School: Patrick Lynch
Middle Or Junior School: Oliver
High School: Centennial

Location Information
Directions: East on SE Stark Street to SE 164th.
Unparsed Address: 16360 SE STARK ST, Portland, OR 97233

Community Information
Community Features: All Landscaping, Laundry
Zoning: multifa

Public facts

Beds: —
Baths: 16.5
Sq. Ft.: 13,514
Stories: 2.0
Lot Size: —
Style: Condo/Co-op
Year Built: 1964
Year Renovated: 1964
County: Multnomah County
APN: R337992

Home facts updated by county records on Jul 15, 2026

Other

Listing Information
MlsStatus: Sold

Listing Price Information
Price Type: List Price

Around this home

Schools

Lynch View Elementary School

Public K-5 • Assigned • 0.6mi

5/10

Centennial High School

Public 9-12 • Assigned • 1.7mi

4/10

Provided by GreatSchools

Lifestyle

Provided by Walk Score and Local Logic

Local insights from Redfin agents

If you are looking for extra square footage, bigger yards, and fast access to the Columbia River Gorge without inner-Portland price tags, Gresham is one of the smartest buys in the metro area. With median single-family prices holding in the...
2 months ago • Gresham
Liz Ellis
Redfin agent
165 deals
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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)

Jan

Feb

Mar

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May

Jun

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Sun exposure

Try the sun simulator tool to see how light moves across the property at different times of day and year.

Provided by Shadowmap

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New listings for sale in 97233

NEW 3 HRS AGO

$399,000

3 beds1 bath1,802 sq ft

1147 SE 174th Ave, Portland, OR 97233

Geri Penner • MORE Realty

NEW 8 HRS AGO

$369,500

3 beds1 bath910 sq ft

32 SE 126th Ave, Portland, OR 97233

Bill Gaffney • Change Realty, LLC

$674,900

6 beds3 baths— sq ft

201 SE 176th Pl, Portland, OR 97233

Jeff Stephens • MORE Realty

NEW 17 HRS AGO

$399,999

3 beds1 bath899 sq ft

1506 SE 145th Ave, Portland, OR 97233

Paul Warren • MORE Realty

OPEN SAT, 12PM TO 2PM

$514,900

4 beds2 baths2,254 sq ft

17021 SE Alder St, Portland, OR 97233

Phe Le • MORE Realty

$275,000

2 beds1 bath568 sq ft

1205 SE 151st Ave, Portland, OR 97233

Ashley Brose • John L. Scott Market Center

SHORT SALE

$399,999

3 beds3 baths1,986 sq ft

1902 SE 151st Ave, Portland, OR 97233

Aaron Signor • SBRE Small Business Realty Inc.

$459,900

2 beds1 bath1,782 sq ft

14035 SE Harrison St, Portland, OR 97233

Vladislav Geshka • MORE Realty

3D WALKTHROUGH

$439,900

3 beds1 bath1,017 sq ft

17126 SE Taylor St, Portland, OR 97233

Jeremy Wilkerson • MORE Realty

Home values near 16360 SE Stark St

Data from public records.

Address	Redfin Estimate
16415 Southeast Stark St Apartment 1, Portland, OR 2 Beds \| 2 Baths \| 1080 Sq. Ft.	$76,952
609 Southeast 164th Ave, Portland, OR 3 Beds \| 1 Baths \| 1296 Sq. Ft.	$394,756

Address	Redfin Estimate
16415 Southeast Stark St, Portland, OR 1 Beds \| 1 Baths \| 304 Sq. Ft.	$45,584
16365 Southeast Alder St, Portland, OR 4 Beds \| 2 Baths \| 1724 Sq. Ft.	$454,599

Address	Redfin Estimate
16415 Southeast Stark St Apartment 8, Portland, OR 1 Beds \| 1 Baths \| 504 Sq. Ft.	$36,415
542 Southeast 164th Ave Apartment A, Portland, OR 3 Beds \| 2 Baths \| 1244 Sq. Ft.	$442,007

Property information provided by undefined .

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