18220 SE PINE ST

Portland, OR 97233
$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 locatedRead 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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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.