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Listing provided courtesy of Keller Williams PDX Central- MLS# 268328784MLS Provider

18230 SE PINE STPortland, OR 97233

Multi-Family · 0.12 Acres
$619,900 Active

18230 SE PINE ST Overview

Time on Site:
52 days
Visits:
0

Welcome to this well maintained triplex featuring remodeled kitchens. Built in 1996, this spacious multi family property offers an excellent investment opportunity with strong rental appeal in the growing Rockwood corridor. Conveniently situated near the 181st MAX Station, I-84 access, shopping, parks, and everyday amenities, tenants enjoy both accessibility and comfort. This property falls within Multnomah County and carries a Portland mailing address; however, it is exempt from the City of Portland's residential rental regulations and relocation assistance requirements because the property is located in the City of Gresham jurisdictional area.An ideal opportunity for investors seeking stable rental income, low-maintenance construction, and strong commuter demand in an established East Portland/Gresham area location.

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18230 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: 62590.0
  • Net Operating Income: 38248.0
  • Operating Expense: 24343.0

Building Information

  • Year Built: 1996

Location/Region

  • Country: US
  • County Or Parish: Multnomah
  • MLS Area Major: 144 - Gresham, Sandy, Troutdale, Corbett
  • Subdivision Name: ROCKWOOD

Rent/Lease Information

  • Rent Includes: None

Tax Information

  • Tax Annual Amount: 8262.73
  • Tax Year: 2025

General Information

  • Disclosures: Disclosure
  • Listing Terms: Cash,Conventional,FHA,VA Loan
  • Parcel Number: R238127
  • Property Type: Multi Family
  • Zoning: RTC

Interior

Parking Information

  • Garage Spaces: 3.0

General Information

  • Heating: Forced Air,Wall Heater
  • Stories: 2

Exterior

Parking Information

  • Parking Features: Garage
  • Parking Total: 3.0

Lot Information

  • Lot Features: Level
  • Lot Size Acres: 0.12
  • Lot Size Square Feet: 5227.0
  • Water Source: Public Water

Building Exterior/Construction

  • Roof: Composition

General Information

  • Number Of Units Total: 3
  • Sewer: Public Sewer

18230 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
Community data courtesy of LiveBy, Inc.

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.

18230 SE PINE ST Monthly Cost

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* All calculations are estimates and provided by Reliance Network, for informational purposes only. Actual amounts may vary. ** Assumes 6.50% APR, 20% down payment, and conventional 30-year fixed rate first mortgage. Rates cited are for instructional purposes only; current rates are subject to change at any time without notice. You should not make any decisions based simply on the information provided. Additional required amounts such as taxes, insurance, homeowner association dues, assessments, mortgage insurance premiums, flood insurance or other such required payments should also be considered. Contact your mortgage company for current rates and additional information. Any mortgage broker or insurance agent that may appear is independent and is not affiliated with, endorsed by, or provided by the MLS.

18230 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
Calculations provided by Reliance Network

18230 SE PINE ST History

Date Event Value Agent
6/12/2026Source: Regional MLS Price Reduction
$619,900 -4.6%
6/12/2026Source: Regional MLS Status Change
Active
5/15/2026Source: Regional MLS Status Change
Pending
5/8/2026Source: Regional MLS Added to Database
May 08, 2026