Listing provided courtesy of Keller Williams PDX Central- MLS# 238894307
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Request Info18220 SE PINE STPortland, OR 97233
Multi-Family · 0.12 Acres$619,900
Active
18220 SE PINE ST Overview
- Time on Site:
- 52 days
- Visits:
- 0
Investment opportunity in the heart of Rockwood! This well maintained triplex offers strong rental potential with a highly desirable layout featuring separate garages for each unit and updated kitchens. Built in 1996, the property includes over 3,100 square feet with spacious units designed for long term tenant appeal. Conveniently located with a Gresham mailing address, this property is outside Portland's residential rental registration and relocation requirements, offering added flexibility for investors and landlords. Close to transit, shopping, parks, and major commuter routes, this is a rare chance to own a low maintenance multifamily asset in an established rental corridor.
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18220 SE PINE ST Facts & Features
- Type Multi-Family
- Lot 0.12 Acres
Details
General
School Information
- Elementary School: Hartley
- Middle Or Junior School: Reynolds
- High School: Reynolds
Income/Expenses
- Gross Income: 59954.0
- Net Operating Income: 34917.0
- Operating Expense: 25037.0
Building Information
- Year Built: 1996
Location/Region
- Country: US
- County Or Parish: Multnomah
- MLS Area Major: 144 - Gresham, Sandy, Troutdale, Corbett
Rent/Lease Information
- Rent Includes: None
Tax Information
- Tax Annual Amount: 8260.39
- Tax Year: 2025
General Information
- Disclosures: Disclosure
- Listing Terms: Cash,Conventional,FHA,VA Loan
- Parcel Number: R238126
- Property Type: Multi Family
- Zoning: RTC
Interior
General Information
- Heating: Forced Air
- Stories: 2
Exterior
Parking Information
- Parking Features: Garage
Lot Information
- Lot Features: Level
- Lot Size Acres: 0.12
- Lot Size Square Feet: 5227.0
- Road Surface Type: Paved
- Water Source: Public Water
Building Exterior/Construction
- Roof: Composition
General Information
- Number Of Units Total: 3
- Sewer: Public Sewer
18220 SE PINE ST Neighborhood
Community
97233 (PORTLAND) Demographics
34
Median Age
8,544
Population Density (per sq. mile)
24%
College Educated
$46,433
Estimated Median Income
6,636
Estimated Total Home Owners
7,021
Estimated Total Renters
49% / 51%
Estimated Owner / Renter Divide
3
Estimated Average Household Size
Schools
School data courtesy of LiveBy, Inc. School ratings are based on a scale of 1-5, with 5 being the highest rating and 1 being the lowest rating.18220 SE PINE ST Monthly Cost
18220 SE PINE ST Market Data
Based on the last 30 days in this zip code
$357,073
Average List Price
$252
Average Price per Square Foot
21
Properties Sold
107
Average Days on Market
108
Properties for Sale
18220 SE PINE ST History
| Date | Value | Agent |
|---|---|---|
| 6/12/2026Source: Regional MLS | $619,900 -4.6% |
|
| 5/8/2026Source: Regional MLS | May 08, 2026 |