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18220 SE PINE ST

Portland, OR 97233
Active
Multifamily
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$649,900
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… Read MoreRead Less
Listing courtesy of Keller Williams PDX Central.
Listing Snapshot
Days Online
1
Last Updated
Lot Size
0.12 Acres
Year Built
1996
MLS Number
238894307
30 Days Snapshot Of 97233
$373k
-1%
(avg) sold price
15
-25%
homes sold
60
+140%
(avg) days on market
Snapshot
Area Map
Additional Details
Property Access
Road Surface Type: Paved
Building
Built in 1996, Storage: Garage, Stories: 2, Unit Type Type: UnitTypeType1, UnitTypeType2, UnitTypeType3
Disclosures
Disclosures: Disclosure
Expenses
Operating Expense: $25,037
Exterior Features
Exterior Description: VinylSiding
Heating
Heating: ForcedAir
Income
CAP Rate: 5.37, Gross Income: $59,954, Gross Rent Multiplier: 10.84, Net Operating Income: $34,917
Lot
Features: Level, Size Acres: 0.12, Size Range: SqFt5000to6999, Size Square Feet: 5,227, Size: 5,000 to 6,999 SqFt
Parking
Features: Garage
Property
Number Of Units Total: 3, Zoning: RTC
Roof
Roof: Composition
Sewer
Sewer: PublicSewer
Taxes
Annual Amount: $8,260, Legal Description, Tax Year: 2025
Unit One
Actual Rent: $1,925, Area: 1300, Units Total: 1, 2 total bathrooms, 3 total bedroom
Unit Two
Actual Rent: $1,600, Area: 938, Units Total: 1, 2 total bathrooms, 2 total bedroom
Unit Three
Actual Rent: $1,550, Area: 938, Units Total: 1, 2 total bathrooms, 2 total bedroom
Utilities
Fuel Description: Electricity, Gas, Hot Water Description: Electricity, Water Source: PublicWater
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Erika George and Kari McGee
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Schools In The Area

Check out nearby schools with ratings and contact info.
Davis Elementary School 503-665-9193 Public KG-5
Reynolds Middle School 503-665-8166 Public 6-8
Reynolds High School 503-667-3186 Public 9-12
Davis Elementary School 503-665-9193 Public KG-5
Davis Elementary School 503-665-9193 Public KG-5
Reynolds Middle School 503-665-8166 Public 6-8
Reynolds High School 503-667-3186 Public 9-12

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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 brokerage firms other than Living Room Realty are marked with the RMLS logo, and detailed information about these properties includes the names of the listing brokers. Listing content is copyright © RMLS, Portland, Oregon.

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This content last updated on . Some properties which appear for sale on this web site may subsequently have sold or may no longer be available.
This content last updated on . Some properties which appear for sale on this web site may subsequently have sold or may no longer be available.