18220 SE PINE ST, Portland, OR 97233

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Sold Price
$640,000
List Price
$619,900
Closing Date
Aug 24, 2026
Days on Market
108
MLS#
238894307
Property Type
Multifamily
Lot Size
5, 000 to 6, 999 SqFt
Region
Gresham, Sandy, Troutdale, Corbett
Status
SOLD

Property Description

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.

Additional Information

Tax Amount
$8,260
Year Built
1996
High School
Reynolds
Elementary School
Hartley
Middle School
Reynolds
Acres
0.12
Stories
2
Terms
Cash, Conventional, FHA, VA Loan
Fuel Description
Electricity, Gas
Heating Description
Forced Air
Hoa Rent Includes
None
Hot Water Description
Electricity
Exterior Description
Vinyl Siding
Roof Type
Composition
Sewer Description
Public Sewer
Parking
Garage
Parking Description
Garage
Road Surface
Paved
Number Of Units Total
3
Unit Type One Baths Total
2
Unit Type One Beds Total
3
Unit Type One Rent
1925
Unit Type One Sq Ft
1300
Unit Type One Units Total
1
Unit Type Two Baths Total
2
Unit Type Two Beds Total
2
Unit Type Two Units Total
1
Unit Type Three Baths Total
2
Unit Type Three Beds Total
2
Unit Type Three Rent
1550
Unit Type Three Sq Ft
938
Unit Type Three Units Total
1

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Listing courtesy of Keller Williams PDX Central. Selling Office: Keller Williams Realty Portland Premiere.

The content relating to real estate for sale on this site comes in part from the IDX program of the RMLS of Portland, Oregon. Real Estate listings held by brokerage firms other than this firm are marked with the RMLS logo, and detailed information about these properties include the name of the listing's broker. Listing content is copyright © 2026 RMLS of Portland, Oregon. All information provided is deemed reliable but is not guaranteed and should be independently verified. 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.