Damonian Pike

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Listing provided courtesy of KJK Properties PC- MLS# 297621278MLS ProviderContact Information: [email protected]

18321 NE WASCO STPortland, OR 97230

Multi-Family · 3,120 Sq. ft. | 0.32 Acres
$629,990 Pending

18321 NE WASCO ST Overview

Time on Site:
25 days
Visits:
0

Income producing, single level fourplex in Gresham city limits with a Portland address. Four 2 bedroom, 1 bathroom, 780 sqft units, each with a fenced backyard and detached garage. Additional parking is available. Washer/dryer hookups in each unit. Newer roof. All tenants are month to month, and rent increases were completed in 2026. Excellent opportunity for an investor seeking immediate income with future flexibility. This is the investment opportunity you've been waiting for! Portland address but located in Gresham city limits. This is the investment opportunity you've been waiting for!

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18321 NE WASCO ST Facts & Features

  • Type Multi-Family
  • Sq. ft. 3,120
  • Price/Sq.ft. $202
  • Lot 0.32 Acres

Details

General

School Information

  • Elementary School: Wilkes
  • Middle Or Junior School: H.B. Lee
  • High School: Reynolds

Income/Expenses

  • Gross Income: 55000.0
  • Gross Scheduled Income: 60000.0
  • Net Operating Income: 40000.0
  • Operating Expense: 10000.0

Building Information

  • Year Built: 1978

Location/Region

  • Country: US
  • County Or Parish: Multnomah
  • MLS Area Major: 142 - Portland Northeast
  • Subdivision Name: Culver Terrace

Rent/Lease Information

  • Rent Includes: Sewer,Trash Collection,Water

Tax Information

  • Tax Annual Amount: 7115.99
  • Tax Year: 2025

General Information

  • Disclosures: Disclosure
  • Listing Terms: Cash,Conventional,FHA,VA Loan
  • Parcel Number: R143383
  • Property Condition: Existing
  • Property Type: Multi Family
  • Zoning: MDR-12

Interior

Parking Information

  • Garage Spaces: 4.0

Building Interior

  • Building Area Total: 3120.0

General Information

  • Basement: None
  • Foundation Details: Concrete Perimeter
  • Heating: Baseboard
  • Stories: 1

Exterior

Parking Information

  • Parking Total: 6.0

Lot Information

  • Lot Features: Level
  • Lot Size Acres: 0.32
  • Lot Size Square Feet: 13939.0
  • Road Surface Type: Paved
  • Water Source: Public Water

Building Exterior/Construction

  • Roof: Composition

General Information

  • Number Of Units Total: 4
  • Sewer: Public Sewer

18321 NE WASCO ST Neighborhood

Community

97230 (Portland) Demographics

40
Median Age
2,095
Population Density (per sq. mile)
35%
College Educated
$58,276
Estimated Median Income
9,552
Estimated Total Home Owners
5,774
Estimated Total Renters
62% / 38%
Estimated Owner / Renter Divide
3
Estimated Average Household Size
Community data courtesy of LiveBy, Inc.

Schools

School data courtesy of LiveBy, Inc. School ratings are based on a scale of 1-5, with 5 being the highest rating and 1 being the lowest rating.
* All calculations are estimates and provided by Reliance Network, for informational purposes only. Actual amounts may vary. ** Assumes 6.50% APR, 20% down payment, and conventional 30-year fixed rate first mortgage. Rates cited are for instructional purposes only; current rates are subject to change at any time without notice. You should not make any decisions based simply on the information provided. Additional required amounts such as taxes, insurance, homeowner association dues, assessments, mortgage insurance premiums, flood insurance or other such required payments should also be considered. Contact your mortgage company for current rates and additional information. Any mortgage broker or insurance agent that may appear is independent and is not affiliated with, endorsed by, or provided by the MLS.

18321 NE WASCO ST Market Data

Based on the last 30 days in this zip code

$441,610
Average List Price
$261
Average Price per Square Foot
39
Properties Sold
92
Average Days on Market
171
Properties for Sale
Calculations provided by Reliance Network

18321 NE WASCO ST History

Date Event Value Agent
6/20/2026Source: Regional MLS Status Change
Pending
6/5/2026Source: Regional MLS Added to Database
June 05, 2026