Rare opportunity to own two units for the price of one. This income-producing duplex at 18427–18429 SE Yamhill Street offers a 7.79% cap rate on approximately $36,000 in annual gross income, with two separate 2-bedroom, 1-bath units, each with its own private entrance. Versatile options: hold both as rentals, or occupy one unit and rent the other to offset your housing costs. Well located near public transportation, shopping, parks, and major commuter routes. Figures based on current rents; buyer to verify all information to their satisfaction.
Active
Price cut: $10K (8/20)
$414,900
18427 SE Yamhill St, Portland, OR 97233
4beds
1,680sqft
Multi Family
Built in 1948
-- sqft lot
$415,000 Zestimate®
$247/sqft
$-- HOA
What's special
Functional living spacesPrivate entrances
- 96 days
- 359
- 24
Zillow last checked:
Listing updated:
Listed by:
Lizbeth Abbott Lizbeth@treecityhomes.com,
Tree City Real Estate
Source: RMLS (OR),MLS#: 171563656
Facts & features
Interior
Bedrooms & bathrooms
- Bedrooms: 4
- Bathrooms: 2
- Full bathrooms: 2
Heating
- Baseboard
Cooling
- Window Unit(s)
Appliances
- Included: Electric Water Heater
- Laundry: Washer Dryer Hookup
Features
- Windows: Window Coverings
- Basement: Crawl Space
Interior area
- Total structure area: 1,680
- Total interior livable area: 1,680 sqft
Property
Parking
- Total spaces: 4
- Parking features: Driveway
- Has uncovered spaces: Yes
Features
- Stories: 1
- Patio & porch: Deck
Lot
- Size: 6,969 Square Feet
- Features: Corner Lot, Level, SqFt 7000 to 9999
Details
- Parcel number: R153581
- Zoning: RTC
Construction
Type & style
- Home type: MultiFamily
- Property subtype: Multi Family
Materials
- Lap Siding, Wood Siding
- Foundation: Concrete Perimeter
- Roof: Composition
Condition
- Updated/Remodeled
- Year built: 1948
Utilities & green energy
- Sewer: Public Sewer
- Water: Public
- Utilities for property: Cable Connected
Community & HOA
Community
- Security: Unknown
- Subdivision: Eastwood
HOA
- Has HOA: No
Location
- Region: Portland
Financial & listing details
- Price per square foot: $247/sqft
- Annual tax amount: $3,816
- Date on market: 6/6/2026
- Listing terms: Cash,Conventional,FHA,VA Loan
- Total actual rent: 2998
- Road surface type: Gravel, Paved
Estimated market value
$415,000
$394,000 - $436,000
$1,698/mo
Price history
| Date | Event | Price |
|---|---|---|
| 8/20/2026 | Price change | $414,900-2.4%$247/sqft |
Source:  RMLS (OR) #171563656 Report a problem | ||
| 7/3/2026 | Price change | $424,900-3.4%$253/sqft |
Source: RMLS (OR) #171563656 Report a problem | ||
| 6/6/2026 | Listed for sale | $439,900+46.7%$262/sqft |
Source: RMLS (OR) #171563656 Report a problem | ||
| 2/24/2016 | Listing removed | $299,950$179/sqft |
Source: Oregon Realty Co. #15035018 Report a problem | ||
| 1/8/2016 | Listed for sale | $299,950-7.7%$179/sqft |
Source: Oregon Realty Co. #15035018 Report a problem | ||
| 10/16/2015 | Listing removed | $324,999$193/sqft |
Source: Oregon Realty Co. #15035018 Report a problem | ||
| 8/28/2015 | Price change | $324,999-3%$193/sqft |
Source: Oregon Realty Co. #15035018 Report a problem | ||
| 7/28/2015 | Listed for sale | $335,000$199/sqft |
Source: Oregon Realty Co. #15035018 Report a problem | ||
Public tax history
Tax history is unavailable.
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
Schools provided by the listing agent
- Elementary: Alder
- 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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