18220 SE PINE St, Portland, OR 97233
MULTI_FAMILY - Portland, OR
- Added:
- May 8, 2026
- Days on Market:
- 34
- Last Refresh:
- Jun 10 at 5:06 am
Property Features for 18220 SE PINE St
General Information
- Property type
- Residential Multi Family
- Property subtype
- Other
- Zoning
- RTC
- Bedrooms
- 7
- Bathrooms
- 6
- Rooms
- Bathroom 6, Bathroom 3, Bedroom 6, Bedroom 7, Bedroom 2, Bedroom 4, Bathroom 1, Bathroom 2, Bedroom 3, Bathroom 4, Bathroom 5, Bedroom 5, Bedroom 1
- Standard status
- Active
- APN
- R238126
- Size
- 3,100 SF
- Lot size
- 0.12 Acres
Taxes and HOA fees
- Tax Description
- PARTITION PLAT 1994-1, LOT 1
- Tax Annual Amount
- 8260
Utilities
- Heating system
- Forced Air
Building Details
- Year built
- 1996
- Floors in Building
- 2
- Number of units
- 3
- Roof type
- Composition
Listing agent Mark Charlesworth License #200907037 (503) 444-5868
Listing office Keller Williams PDX Central 919 NE 19th Ave Ste 100, Portland, OR (503) 548-4848
Listing date May 8, 2026
Copyright © 2026 Regional Multiple Listing Services. All rights reserved. All information provided by the listing agent/broker is deemed reliable but is not guaranteed and should be independently verified.
HighLights
- Built in 1996 with forced air heating and a composition roof
- Triplex with over 3,100 SF total and spacious unit layout
- Separate garages for each unit
- Updated kitchens
- Includes 7 bedrooms and 6 bathrooms (as listed)
- Gresham mailing address; listing notes it is outside Portland residential rental registration and relocation requirements
Overview
Local Financial Insights For Multifamily LT 5
Simulate Cap Rate and NOI
NOI Build-Up
- Vacancy
- income lost from leasable area expected to sit empty during the year — subtracted from gross rent.
- EGI (Effective Gross Income)
- gross rent minus vacancy losses — the realistic income before paying operating costs.
- OpEx (Operating Expenses)
- recurring costs to operate the property (property tax, insurance, utilities, maintenance, management) — excludes financing and capital improvements.
- NOI (Net Operating Income)
- income a property generates after operating costs but before financing and taxes.
| Component | $ | $/SF |
|---|---|---|
| Gross rent | $65.1k | $21.00 |
| − Vacancy | −$3.4k | −$1.09 |
| EGI | $61.7k | $19.91 |
| − OpEx | −$18.5k | −$5.97 |
| NOI | $43.2k | $13.94 |
Alternative Uses
Current Use by Public Records
Location Insight
- Map
- Local Demand
- City
- Portland
- County
- Washington
- State
- Oregon
- Longitude
- -122.47539
- Latitude
- 45.520329
