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Three-Unit Apartment Property
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18324 NE Wasco St, Portland, OR 97230

Multifamily property with two two-bedroom units and one three-bedroom unit, plus shared investment-focused operating features.

Property SizeContact for details
Days on Market133

Property Features for 18324 NE Wasco St

General Information

Standard status Active
Property subtype Multifamily

Financials

Asking Price $529,777
Gross Income $45,120

Units

Unit Mix 2 x 2BR, 1 x 3BR
Multifamily Units 3

Building Details

Year Built 1978
Listing Agency: MORE Realty
Listed By: George Thompson · License #OR 200606374
Source: Crexi
Added: Apr 23 Changed: Aug 31 Last Checked: Aug 30 at 7:06AM

Displayed information is deemed reliable but is not guaranteed and should be independently verified. All listing content including descriptions, pricing, images are the copyrighted material of MORE Realty

Investment Insights

Based on property information with market context.

This three-unit apartment property was constructed in 1978 and includes two two-bedroom residences and one three-bedroom residence. Each apartment is equipped with a range, refrigerator, and dishwasher. The three-bedroom unit also includes a washer and dryer. The residences are described as being in good overall condition, with rental rates near market levels.

Located at 18324 NE Wasco St in Portland, Oregon, the property includes tenant reimbursement for water and sewer as part of its operating income. Interior access is available only after acceptance of an offer, and prospective parties are asked not to disturb occupants during an exterior drive-by.

Key Highlights

  • Three residential units: two 2‑bedroom apartments and one 3‑bedroom apartment
  • Constructed in 1978
  • All units include ranges, refrigerators, and dishwashers

Property Analytics

Current Use

Triplexes

Suggested Use

Top Pick Law Firm Real Estate Agency Parking Lot & Garage Skin Care Clinic Computer & Electronic Repair Kitchen & Bath Showroom

Score = modeled unmet demand for each use within ~1 mi (higher = bigger opportunity). Zoning and permitted uses should be independently verified with local authorities.

Lease Details

3
Residential units

Location Intelligence

Trade Area within ½ mile

507
Businesses Nearby

Demographics for 97230, OR

41,562
Population
17,190
Households
2.4
Avg Household Size
39
Median Age
28%
College-Educated
90%
High-School Grad
13.9 sq mi
ZIP Area
2,990
Density / Sq Mi
$70,582
Median Household Income
$41,102
Median Earnings
$1,511
Median Rent
$435,800
Median Home Value

Market

Vacancy Rate% for Multifamily in West region

7% 2022
7.8% 2023
8.6% 2024
8.6% 2025
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Frequently Asked Questions

What type of property is this?
Triplex - Multifamily property with two two-bedroom units and one three-bedroom unit, plus shared investment-focused operating features.
Where is this triplex located?
The property is located at 18324 NE Wasco St Portland, OR.
What are key features of this property?
This property features: Three residential units: two 2‑bedroom apartments and one 3‑bedroom apartment; Constructed in 1978; All units include ranges, refrigerators, and dishwashers
More about this property
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