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.
Active
Price cut: $30K (6/12)
$619,900
18230 SE Pine St, Portland, OR 97233
7beds
3,176sqft
Multi Family
Built in 1996
-- sqft lot
$-- Zestimate®
$195/sqft
$-- HOA
What's special
Remodeled kitchens
- 111 days |
- 295 |
- 23 |
Zillow last checked:
Listing updated:
Listed by:
Mark Charlesworth 503-444-5868,
Keller Williams PDX Central
Source: RMLS (OR),MLS#: 268328784
Facts & features
Interior
Bedrooms & bathrooms
- Bedrooms: 7
- Bathrooms: 6
- Full bathrooms: 3
- Partial bathrooms: 3
Heating
- Forced Air
Appliances
- Included: Range, Refrigerator, Washer/Dryer, Electric Water Heater
Interior area
- Total structure area: 3,176
- Total interior livable area: 3,176 sqft
Property
Parking
- Total spaces: 3
- Parking features: Garage
- Garage spaces: 3
Features
- Stories: 2
- Has view: Yes
- View description: Territorial
Lot
- Size: 5,227 Square Feet
- Features: Level, SqFt 5000 to 6999
Details
- Parcel number: R238127
- 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
Community
- Subdivision: Rockwood
Location
- Region: Portland
Financial & listing details
- Price per square foot: $195/sqft
- Tax assessed value: $619,850
- Annual tax amount: $8,262
- Date on market: 5/8/2026
- Listing terms: Cash,Conventional,FHA,VA Loan
- Total actual rent: 5285
Estimated market value
Not available
Estimated sales range
Not available
Not available
Price history
| Date | Event | Price |
|---|---|---|
| 6/12/2026 | Price change | $619,900-4.6%$195/sqft |
Source:  RMLS (OR) #268328784 Report a problem | ||
| 5/15/2026 | Pending sale | $649,900$205/sqft |
Source: RMLS (OR) #268328784 Report a problem | ||
| 5/9/2026 | Listed for sale | $649,900+80.5%$205/sqft |
Source: RMLS (OR) #268328784 Report a problem | ||
| 4/4/2007 | Sold | $360,000+144.9%$113/sqft |
Source: Public Record Report a problem | ||
| 11/9/1995 | Sold | $147,000$46/sqft |
Source: Public Record Report a problem | ||
Public tax history
| Year | Property taxes | Tax assessment |
|---|---|---|
| 2025 | $8,263 +5.7% | $430,590 +3% |
| 2024 | $7,818 +10.5% | $418,050 +3% |
| 2023 | $7,075 +2.5% | $405,880 +3% |
| 2022 | $6,900 +2.5% | $394,060 +3% |
| 2021 | $6,729 +6.9% | $382,590 +3% |
| 2020 | $6,295 +4.3% | $371,450 +3% |
| 2019 | $6,035 | $360,640 +3% |
| 2018 | $6,035 +1% | $350,140 +3% |
| 2017 | $5,974 +8% | $339,950 +3% |
| 2016 | $5,530 | $330,050 +3% |
| 2015 | $5,530 +3% | $320,440 +3% |
| 2014 | $5,370 +22.6% | $311,110 +18.6% |
| 2013 | $4,381 +20.1% | $262,350 +19% |
| 2012 | $3,648 -10.3% | $220,490 -11.5% |
| 2011 | $4,066 -17% | $249,040 -17.6% |
| 2010 | $4,896 +2.7% | $302,050 +3% |
| 2009 | $4,769 +1.8% | $293,260 +3% |
| 2008 | $4,687 +2.4% | $284,720 +3% |
| 2007 | $4,575 +3.5% | $276,430 +3% |
| 2006 | $4,420 +2.3% | $268,380 +3% |
| 2005 | $4,322 +2.3% | $260,570 +3% |
| 2004 | $4,225 +4% | $252,990 +3% |
| 2003 | $4,061 +2.7% | $245,630 +3% |
| 2002 | $3,952 +9.6% | $238,480 +6.1% |
| 2000 | $3,605 +3.1% | $224,800 +3% |
| 1999 | $3,497 | $218,200 |
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.Climate risks
Neighborhood: 97233
Nearby schools
GreatSchools rating
- 5/10Davis Elementary SchoolGrades: K-5Distance: 0.7 mi
- 1/10Reynolds Middle SchoolGrades: 6-8Distance: 1.2 mi
- 1/10Reynolds High SchoolGrades: 9-12Distance: 3.5 mi
Schools provided by the listing agent
- Elementary: Hartley
- Middle: Reynolds
- High: Reynolds
Source: RMLS (OR). This data may not be complete. We recommend contacting the local school district to confirm school assignments for this home.
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A local agent can set up tours, give advice and negotiate with sellers.
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