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18220 SE PINE ST Portland, OR $ 649,900
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18220 SE PINE ST
$ 649,900
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18220 SE PINE ST

Portland, OR, 97233
$ 649,900
Bedrooms7 Baths6.0

Monthly Estimate*

$ 4,002

18220 SE PINE ST, Portland, OR 97233 - Image 1
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18220 SE PINE ST, Portland, OR 97233 - Image 4
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18220 SE PINE ST, Portland, OR 97233 - Image 8
18220 SE PINE ST, Portland, OR 97233 - Image 9
18220 SE PINE ST, Portland, OR 97233 - Image 10
18220 SE PINE ST, Portland, OR 97233 - Image 11
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18220 SE PINE ST, Portland, OR 97233 - Image 13
18220 SE PINE ST, Portland, OR 97233 - Image 14

Multi-Family Home for sale in Portland, OR

for $649,900 with 7 bedrooms and 6 full baths. This home was built in 1996 on a lot size of 0.12.

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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Multi-Family Active

Price

$ 649,900

Bedrooms

7

Full Bath

6

Property Type

Multi-Family

Taxes

$ 8,260

Style

Lot Size

0.12

Year Built

1996

Town/City

Portland

County/Region

Multnomah

MLS | Web ID

238894307
Features
General
Sewer PublicSewer
Heating ForcedAir
Roof Composition
Zoning RTC
Year Built 1996
Stories Count 2
Tax Year 2025
Parcel Number R238126
Gross Income 59954.0
County Multnomah
Net Operating Income 34917.0
Operating Expense 25037.0
Property Type MultiFamily
HOA N
Rent Includes None
Status Active
Directions SE PIne St & SE 181st Ave
High School Reynolds
City Portland
Disclosures Disclosure
Number Of Units Total 3
MLS Area _144
Lot Size Square Feet 5227.0
Listing Terms Cash Conventional FHA VALoan
Elementary School Hartley
Tax Annual Amount 8260.39
Middle/Junior High School Reynolds
Standard Status Active
Accessory Dwelling Unit Y/N N
Legal Description PARTITION PLAT 1994-1 LOT 1
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Interior
Storage Garage
Hot Water Electricity
Unit 1 Baths Total 2
Unit 1 Beds Total 3
Unit 2 Baths Total 2
Unit 2 Beds Total 2
Unit 3 Baths Total 2
Unit 3 Beds Total 2
Unit Type UnitTypeType1 UnitTypeType2 UnitTypeType3
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Exterior
Parking Features Garage
Lot Features Level
Water Source PublicWater
Exterior Description VinylSiding
Lot Size Acres 0.12
Road Surface Type Paved
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Internal Only
Street Number 1 18220
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* Excluded Features
List By
Keller Williams Pdx Central

Broker

listings@markcharlesworth.com

Email

Affordability Calculator

$4,690
Per Month
85%
15%
0%
Monthly Principal & Interest
$4,002
Monthly Property Taxes
$688
Monthly Home Insurance
--
Default based on a 30-year fixed rate of 6.25% with 20% down. The estimated payment is offered for convenience and is not an offer of credit. Due to market fluctuations, interest rates are subject to change at any time and without notice. Your individual rate may vary. Rates may differ for FHA, VA or jumbo loans.
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Nearby
1950945 Elementary School
1948918 Middle School
Reynolds High School High School
See complete school information
Pricing History
DatePricePrice ChangeDescription
5/8/2026$649,900 Listed Price

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18220 SE PINE ST, Portland, OR, 97233 is a Multi-Family Home for sale at $649,900 with a lot size of 0.12. 18220 SE PINE ST has 7 bedrooms, 6.0 baths, and was built in 1996. The property's zip code is 97233 which is in Portland, OR

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