Location, Location Location! Opportunity knocks for the right investor or contractor looking for a deal. Highly desirable close-in Belmont corner Tri-plex with 5 parking spaces ready for a new owner. Property is currently used as a tri-plex with 1 unit rented at below market rent. Zoned flexible CM1 allows commercial or retail space. Buyer to do due diligence. Priced much lower than market. Call Listing agent for details.
Multi-familyProperty Type
1906Year Built
$228Est. Price/Sq.Ft.
5 spacesParking
Listed by Jerry Wallach• Wise Move Real Estate
Bought with Cory Carlson• Constant Commercial Real Estate Inc
Excellent cash flow! Close-in vintage SE triplex w 3 bonus rooms in bsmt. Well maintained, off-st pkg, laundry. Buckman & Central Catholic schools within blocks. High walk score loc. DND Tenants!
Public Records
Apr 1, 1988
Sold
$59,000
$15/sq ft
Year
Property tax
Land + Additions
Assessment*
2025
$5,858 (+3.7%)
2024
$5,648 (+4.0%)
2023
$5,431 (+2.2%)
2022
$5,313 (+1.7%)
2021
$5,224 (+9.0%)
2020
$4,792 (+3.8%)
2019
$4,616 (+3.0%)
2018
$4,480 (+4.3%)
2017
$4,294 (+9.3%)
2016
$3,929 (+2.7%)
2015
$3,826 (+1.5%)
2014
$3,768 (+2.4%)
2013
$3,681 (+10.5%)
2012
$3,330 (+3.9%)
2011
$3,205 (+5.4%)
2010
$3,041 (+2.7%)
2009
$2,961
Tax history for 1937 SE Stark St
Year
Property tax
Land + Additions
Assessment*
2025
$5,858 (+3.7%)
2024
$5,648 (+4.0%)
2023
$5,431 (+2.2%)
2022
$5,313 (+1.7%)
2021
$5,224 (+9.0%)
2020
$4,792 (+3.8%)
2019
$4,616 (+3.0%)
2018
$4,480 (+4.3%)
2017
$4,294 (+9.3%)
2016
$3,929 (+2.7%)
2015
$3,826 (+1.5%)
2014
$3,768 (+2.4%)
2013
$3,681 (+10.5%)
2012
$3,330 (+3.9%)
2011
$3,205 (+5.4%)
2010
$3,041 (+2.7%)
2009
$2,961
*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
Permits
Beds
8
Baths
6
Stories
2
Lot width
—
Lot depth
—
Lot size
5,289 Sq. Ft.
Year renovated
1906
Sq. Ft.
3,866
Year built
1906
Style
Other
County
Multnomah County
APN
R156000
Parking Spaces
—
Basement
—
Accessible
—
HOA Dues
—
Garage
—
Features
—
Last updated by owner on Oct 30, 2026.
CM1
Commercial/Mixed Use 1 Zone
The Commercial/Mixed Use 1 (CM1) zone is a small-scale zone intended for sites in dispersed mixed use nodes within lower density residential areas, as well as on neighborhood corridors and at the edges of neighborhood centers, town centers and regional centers. The zone is also appropriate in core commercial areas of centers in locations where older commercial storefront buildings of 1 to 2 stories are predominant. This zone allows a mix of commercial and residential uses. The size of commercial uses is limited to minimize impacts on surrounding residential areas. Buildings in this zone will generally be up to three stories tall. Development is intended to be pedestrian-oriented and compatible with the scale and characteristics of adjacent residentially zoned areas or low-rise commercial areas.
Permitted uses
Include but are not limited to:
Religious facility
Day care facility
Hospital / medical center
Housing
Housing-Group
Educational/school
Park & open space
May 18, 2026 • Final
Housing
Addition
Demolition
Apr 27, 2026 • Final
Mechanical
HVAC
Plumbing
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
Parking
Parking Information
Parking Features: Assigned
Parking Total: 5
Interior
Appliances
Hot Water Description: Electricity
Interior Features
Basement: Finished
Exterior
Exterior Features
Roof: Composition
Exterior Description: Wood Siding
Unreinforced Masonry Bldg: No
Lot Information
Lot Size Range: 5,000 to 6,999 SqFt
Lot Size: 5,000 to 6,999 SqFt
Lot Features: Corner Lot, Level
Parcel Number: R156000
Road Surface Type: Paved
Property Information
Property Type: Multi Family
Property Attached YN: No
Property Condition: Fixer
Security Features: Security Lights
View YN: No
Building Information
Year Built: 1906
Building Area Total: 3,866
Foundation Details: Concrete Perimeter
Financial
Tax Information
Tax Legal Description: ELIZA J MURPHYS ADD, BLOCK 6, E 57.3' OF LOT 8&9
Tax Annual Amount: $5,430.93
Rent Information
Rent Includes: Maintenance Grounds, Sewer, Trash Collection, Water
Lease / Rent Information
Gross Rent Multiplier: 55.69
Utilities
Utility Information
Green Certification YN: No
Fuel Description: Gas
Water Source: Public Water
Sewer: Public Sewer
Heating & Cooling
Heating YN: Yes
Heating: Forced Air
Cooling YN: No
Location
Multi Unit Information
# Of Units Total: 3
Unit Information
Unit Type: 1, 2, 3
Unit Type 1 Information
Area: 1,231
Baths Total: 2
Beds Total: 3
Features: Range, Refrigerator
Units Total: 1
Unit Type 2 Information
Area: 703
BathsTotal: 2
Beds Total: 2
Features: Range, Refrigerator
Units Total: 1
Unit Type 3 Information
Area: 1,500
Baths Total: 1
Beds Total: 2
Features: Range, Refrigerator
Units Total: 1
School Information
Elementary School: Buckman
Middle Or Junior School: Hosford
High School: Cleveland
Location Information
Directions: Corner of 20th & SE Stark
Unparsed Address: 1937 SE STARK ST, Portland, OR 97214
Community Information
Community Features: Laundry
Zoning: CM1
Public facts
Beds: 8
Baths: 6.0
Sq. Ft.: 3,866
Stories: 2.0
Lot Size: 5,289 square feet
Style: Other
Year Built: 1906
Year Renovated: 1906
County: Multnomah County
APN: R156000
Home facts updated by county records on Oct 30, 2026
Other
Listing Information
MlsStatus: Sold
Listing Price Information
Price Type: List Price
Around this home
Schools
Buckman Elementary School
Public K-5 • Assigned • 0.2mi
8/10
Hosford Middle School
Public 6-8 • Assigned • 1.0mi
8/10
Cleveland High School
Public 9-12 • Assigned • 1.5mi
7/10
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, 14 days in 30 years
1/10 Wind Factor
Minimal risk of severe winds over next 30 years
10/10 Air Factor
19 unhealthy days expected this year, 21 days in 30 years
Provided by First Street
Historical weather
Portland, OR • 97214
Average low and high temperatures (°F)
47
37
50
38
57
44
65
46
71
50
77
55
83
59
83
63
77
58
62
48
53
44
51
43
Jan
Feb
Mar
Apr
May
Jun
Jul
Aug
Sep
Oct
Nov
Dec
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
Estimated sale price
$836,000 – $1.01M
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