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18230 SE Pine St, Portland, OR 97233

$649,900

14 Total Photos [Click to View All]

Property Description

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.

18230 SE Pine St | MLS# 268328784

This multi-family property located at 18230 SE Pine St, Portland, OR 97233 is currently listed for sale with an asking price of $649,900. Search Portland real estate on bend-lifestyle-realtors.bendpremierrealestate.com today.

Property Features

Property Type: Multi Unit - Multiple
Fuel Type: Electricity, Gas
Heating: Forced Air, WallHeater
Roof Type: Composition
Stories: 2.0
Taxes: $8,263
Year Built: 1996

Units

Unit Type 1:
Bathroom(s): 2
Bedrooms: 2
Features: Range, Refrigerator, WasherDryer
Rent: $1680.00
Square Footage: 938
Total Units: 1
Unit Type 2:
Bathroom(s): 2
Bedrooms: 3
Features: Range, Refrigerator, WasherDryer
Rent: $1925.00
Square Footage: 1300
Total Units: 1
Unit Type 3:
Bathroom(s): 2
Bedrooms: 2
Features: Range, Refrigerator, WasherDryer
Rent: $1680.00
Square Footage: 938
Total Units: 1

Feature Descriptions

Days on Site: 13
Exterior: Vinyl Siding
Gross Income: $62590.00 (Actual)
Hot Water: Electricity
Lot: Level
Net Income: $38248.00 (Actual)
Operating Expenses: $24343.00 (Actual)
Parking: Garage
Parking Notes: Garage
Sewer: Public Sewer
Special View Info: Territorial
Storage: Garage
Units: 3
Water: Public Water

Local Schools

High School: Reynolds
Middle School: Reynolds
Elementary School: Hartley

Listed By / Shown By

Listed By

Agency Name: Keller Williams PDX Central
Agency Phone: 503-548-4848

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Estimate Your Payment

Estimated Payment

$ 4,164.39 per month $3,286.25 Principal & Interest $688.58 Property Tax $189.55 Homeowner's Insurance

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Disclaimer: All information deemed reliable but not guaranteed. All properties are subject to prior sale, change or withdrawal. Neither listing broker(s) or information provider(s) shall be responsible for any typographical errors, misinformation, misprints and shall be held totally harmless. Listing(s) information is provided for consumers personal, non-commercial use and may not be used for any purpose other than to identify prospective properties consumers may be interested in purchasing. Information on this site was last updated 05/24/2026. The listing information on this page last changed on 05/24/2026. The data relating to real estate for sale on this website comes in part from the Internet Data Exchange program of Delta Media Group MLS (last updated Sun 05/24/2026 3:22:49 AM EST) or RMLS (last updated Fri 05/22/2026 1:50:21 AM EST) or COAR/MLSCO (last updated Sun 05/24/2026 1:31:24 AM EST). Real estate listings held by brokerage firms other than Bend Premier Real Estate may be marked with the Internet Data Exchange logo and detailed information about those properties will include the name of the listing broker(s) when required by the MLS. All rights reserved.

The content relating to real estate for sale on this web site comes in part from the IDX program of the RMLS of Portland, Oregon. Real estate listings held by other brokerage firms are marked with the RMLS logo, and detailed information about these properties includes the names of the listing brokers. Listing content is copyright © 2026 RMLS, Portland, Oregon. Some properties which appear for sale on this web site may subsequently have sold or may no longer be available.

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