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Remodeled-Kitchen Triplex
For Sale
$619,900

18230 SE PINE ST, Portland, OR 97233

Three-unit property near MAX transit, I-84 access, shopping, parks, and everyday amenities.

Property SizeContact for details
Days on Market90

Property Features for 18230 SE PINE ST

General Information

Standard status Active
Property subtype MULTI_FAMILY

Site & Location

Highway Access Yes
Public Transit Yes

Additional Details

Multifamily Units 3

Taxes and HOA fees

Annual Taxes $8,262

Building Details

Year Built 1996
Listing Agency: Keller Williams PDX Central
Listed By: Mark Charlesworth · License #200907037
Source: Eleeterealestate
Added: May 8 Changed: Aug 4 Last Checked: Aug 5 at 4:38AM

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 Keller Williams PDX Central

Investment Insights

Based on property information with market context.

This triplex was built in 1996 and includes remodeled kitchens across its three-unit configuration. The property is positioned for residential rental use, with a layout suited to a small multifamily asset and improvements focused on the kitchens.

The property is located in the Rockwood corridor near the 181st MAX Station, providing access to regional transit. I-84 is also nearby, along with shopping, parks, and everyday amenities. The asset is in Multnomah County and carries a Portland mailing address, while its jurisdictional location is within the City of Gresham area. It is exempt from the City of Portland’s residential rental regulations and relocation assistance requirements.

Key Highlights

  • Triplex configuration with three residential units
  • Remodeled kitchens
  • Built in 1996

Property Analytics

Current Use

Triplexes

Suggested Use

Top Pick Real Estate Agency Law Firm Hair Salon Nail Salon Building Supply Gym & Fitness Center

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
Yes
Highway access

Location Intelligence

Trade Area within ½ mile

753
Businesses Nearby

Demographics for 97233, OR

41,625
Population
14,844
Households
2.8
Avg Household Size
34
Median Age
18%
College-Educated
80%
High-School Grad
4.6 sq mi
ZIP Area
9,049
Density / Sq Mi
$54,886
Median Household Income
$37,216
Median Earnings
$1,352
Median Rent
$385,100
Median Home Value

Market

Vacancy Rate% for Multifamily in West region

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

What type of property is this?
Triplex - Three-unit property near MAX transit, I-84 access, shopping, parks, and everyday amenities.
Where is this triplex located?
The property is located at 18230 SE PINE ST Portland, OR.
What is the asking price?
The asking price for this property is $619,900.
What are key features of this property?
This property features: Triplex configuration with three residential units; Remodeled kitchens; Built in 1996
More about this property
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