Active

Price cut: $30K (6/12)

$619,900

18220 SE Pine St, Portland, OR 97233

7beds

3,176sqft

Get pre-qualified

Multi Family

Built in 1996

-- sqft lot

$-- Zestimate^®

$195/sqft

$-- HOA

What's special

Updated kitchensSpacious units

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.

59 days

330

22

Loading...

Facts & features

Interior

Bedrooms & bathrooms

Bedrooms: 7
Bathrooms: 6
Full bathrooms: 3
Partial bathrooms: 3

Heating

Forced Air

Appliances

Included: Electric Water Heater

Interior area

Total structure area: 3,176
Total interior livable area: 3,176 sqft

Property

Parking

Parking features: Garage
Has garage: Yes

Features

Stories: 2

Lot

Size: 5,227 Square Feet
Features: Level, SqFt 5000 to 6999

Details

Parcel number: R238126
Zoning: RTC

Construction

Type & style

Home type: MultiFamily
Property subtype: Multi Family

Materials

Vinyl Siding
Roof: Composition

Condition

Year built: 1996

Utilities & green energy

Gas: Gas
Sewer: Public Sewer
Water: Public

Community & HOA

Location

Region: Portland

Financial & listing details

Price per square foot: $195/sqft
Tax assessed value: $623,950
Annual tax amount: $8,260
Date on market: 5/8/2026
Listing terms: Cash,Conventional,FHA,VA Loan
Total actual rent: 5075
Road surface type: Paved

Estimated market value

Not available

Estimated sales range

Not available

Price history

Date	Event	Price
6/12/2026	Price change	$619,900-4.6%$195/sqft
Source: RMLS (OR) #238894307 Report a problem
5/8/2026	Listed for sale	$649,900+80.5%$205/sqft
Source: RMLS (OR) #238894307 Report a problem
4/4/2007	Sold	$360,000$113/sqft
Source: Public Record Report a problem

Public tax history

Year	Property taxes	Tax assessment
2025	$8,260 +5.7%	$430,470 +3%
2024	$7,816 +10.5%	$417,940 +3%
2023	$7,073 +2.5%	$405,770 +3%
2022	$6,898 +2.5%	$393,960 +3%
2021	$6,727 +6.9%	$382,490 +3%
2020	$6,294 +4.3%	$371,350 +3%
2019	$6,033	$360,540 +3%
2018	$6,033 +1%	$350,040 +3%
2017	$5,972 +8%	$339,850 +3%
2016	$5,528	$329,960 +3%
2015	$5,528 +3%	$320,350 +3%
2014	$5,368 +20.9%	$311,020 +17%
2013	$4,439 +19.8%	$265,840 +18.7%
2012	$3,704 -10.1%	$223,880 -11.3%
2011	$4,122 -15.8%	$252,490 -16.4%
2010	$4,895 +2.7%	$301,970 +3%
2009	$4,767 +1.8%	$293,180 +3%
2008	$4,685 +2.4%	$284,650 +3%
2007	$4,574 +3.5%	$276,360 +3%
2006	$4,419 +2.3%	$268,320 +3%
2005	$4,321 +2.3%	$260,510 +3%
2004	$4,224 +4%	$252,930 +3%
2003	$4,060 +2.7%	$245,570 +3%
2002	$3,951 +9.6%	$238,420 +6.1%
2000	$3,604	$224,740

Find assessor info on the county website

Monthly payment

Est. payment

Payment breakdown

Explore the cost of this home by adjusting the details. Changes won't be saved.

All calculations are estimates and provided by Zillow, Inc. for informational purposes only. Actual amounts may vary.

HOA fees may include property taxes on listings classified as Co-Ops. Contact the listing agent and/or owner for fee details.

Mortgage interest rates are dependent on a number of factors, including credit score, down payment, and repayment length. Interest rate data provided by Zillow Group Marketplace, Inc. as of 1/1/1970 from various mortgage lenders with which we have lead or other similar arrangements; the Estimated Payment is an average of those rates.

See how much you could borrow to make a competitive offer.

Get pre-qualified