18230 SE PINE ST Portland, OR $ 649,900
18230 SE PINE ST
$ 649,900
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18230 SE PINE ST

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

Monthly Estimate*

$ 4,002

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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.

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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Multi-Family Pending

Price

$ 649,900

Bedrooms

7

Full Bath

6

Property Type

Multi-Family

Taxes

$ 8,262

Style

Lot Size

0.12

Year Built

1996

Town/City

Portland

County/Region

Multnomah

MLS | Web ID

268328784

Features
General
Sewer PublicSewer
Heating ForcedAir WallHeater
Roof Composition
Zoning RTC
Garage Spaces 3.0
Year Built 1996
Stories Count 2
Tax Year 2025
Parcel Number R238127
Gross Income 62590.0
County Multnomah
Net Operating Income 38248.0
Operating Expense 24343.0
Property Type MultiFamily
HOA N
Subdivision Name ROCKWOOD
Rent Includes None
Status Pending
Directions SE Pine St & SE 93rd 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 8262.73
Middle/Junior High School Reynolds
Standard Status Pending
Accessory Dwelling Unit Y/N N
Legal Description PARTITION PLAT 1994-1 LOT 2 TL 5902
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Interior
Storage Garage
Hot Water Electricity
Unit 1 Baths Total 2
Unit 1 Beds Total 2
Unit 2 Baths Total 2
Unit 2 Beds Total 3
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
Total Parking 3.0
Exterior Description VinylSiding
Lot Size Acres 0.12
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Internal Only
Street Number 1 18230
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* Excluded Features
List By
Keller Williams Pdx Central

Broker

listings@markcharlesworth.com

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Affordability Calculator

$4,690
Per Month
85%
15%
0%
Monthly Principal & Interest
$4,002
Monthly Property Taxes
$689
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
Pricing History
DatePricePrice ChangeDescription
5/9/2026$649,900 Listed Price

Map


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18230 SE PINE ST, Portland, OR, 97233 is a Multi-Family Home for sale at $649,900 with a lot size of 0.12. 18230 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