16816 Se STARK St, Portland, OR 97233

• 3,100 sqft

Property Description

One Smart Investment. Endless Possibilities. Welcome to this rare Portland Commercial Zoned 4-plex offering immediate income-producing potential and exceptional flexibility for investors and owner-occupants alike. Live in one unit and let the other three help offset your mortgage, or add this versatile multi-unit property to your rental portfolio. This also has the ability to make it a five-plex - "buyer to do due diligence". The property features an attractive mix of two 2-bedroom units, one 4-bedroom unit, and one studio, each with one full bathroom and its own kitchen with appliances. The units offer a variety of layouts and finishes, with features including updated cabinetry, tiled baths, wood-look and tile flooring, and hardie plank siding. The roof is only a year old! A classic covered front porch adds character, while off-street parking, a fenced outdoor area, mature landscaping, and a detached storage shed add everyday functionality. There are washer and dryer hookups located in the downstairs utility room accessed externally. Location is a major advantage for tenants as well: the property is on a bus line, with the MAX light rail approximately six blocks away, making commuting around the Portland metro convenient. Everyday shopping and groceries are close at hand, while nearby parks provide neighborhood recreation. For a bigger outdoor escape, Powell Butte Nature Park offers miles of trails and sweeping views, and Glendoveer Golf & Tennis is another popular East Portland destination. Whether you're looking to house-hack, expand your rental portfolio, or create a multigenerational living setup, this property delivers the unit mix, transit access, and income potential that are increasingly hard to find. Four units, multiple income streams, and one opportunity you won't want to miss. *There are two outbuildings that could possibly be rented out as well - "buyer to do due diligence"

Listing Status:

Active

Date Added:

August 21, 2026

Data Last Updated:

September 13, 2026 at 1:42PM

Listing Office:

eXp Realty, LLC : 888-814-9613

Listing Agent:

Nick Shivers : 503-389-0821

MLS ID:

493418825

Interior

• Basement: Separate living quarters apartment aux living unitUnfinished
• Heating: OtherWall heater

Exterior

• General: Cement siding
• Parking: AssignedParking spaces: 4

Construction

• Roofing: Composition

Location

• Road/Access: Paved
• Originating MLS: Regional Multiple Listing ServiceInc.
• County: Multnomah

Lot

• Zoning: CMUSECTION 06 1S 3ETL 700 0.25 ACRESR338015

Utilities

• Water: Public water
• Sewer: Public sewer

Financial

• Source: Regional Multiple Listing ServiceInc.