This home's estimate is 24% higher than the average sale price ($527K) of 6 comparable homes.
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18321 NE Wasco St, Portland, OR 97230
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About this home
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!

Redfin Estimate
Market trends in North Gresham, OR
Last updated October 2026
Buyer's Market
Seller's Market
Seller's market
- $639,9006 beds3 baths3,528 sq ft15851 NE Siskiyou St, Portland, OR 97230Michele DesCombes • Keller Williams Realty Professionals
- $495,0002 beds2 baths1,421 sq ft334 NE 168th Ave, Portland, OR 97230Marissa Davis • PAC NW Realty Solutions
- 3D WALKTHROUGH$499,0003 beds2 baths1,540 sq ft13740 NE Eugene St, Portland, OR 97230Stefanie Otterson • Dwell Realty
- 3D WALKTHROUGH$455,0003 beds2 baths1,464 sq ft16948 NE Clackamas St, Portland, OR 97230Bev Blume • Keller Williams Realty Portland Elite
- $525,0003 beds3 baths2,222 sq ft2112 NE 158th Ave, Portland, OR 97230Jeff Walker • RE/MAX Equity Group
- $555,0003 beds3 baths2,286 sq ft2119 NE 158th Ave, Portland, OR 97230Brenda Wilson • eXp Realty, LLC
- $169,0001 bed1 bath766 sq ft15055 NE Sacramento St #79, Portland, OR 97230Daniel Teune • John L. Scott Sandy
- $387,0003 beds1 bath1,056 sq ft12731 NE Clackamas St, Portland, OR 97230Heather Bremer • Cochran Property Group Inc.
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Sale and tax history for 18321 NE Wasco St
- Sale History
- Tax History
$204/sq ft
$202/sq ft
As the MLS and public records start to fill up, we'll list the details here.
Public record
- Public record
- Zoning
MDR-12
Moderate Density Residential-12 District
The Moderate Density Residential District-12 is primarily intended for housing at a maximum net density for single detached dwellings of 12.1 units per acre, manufactured dwelling parks at a maximum net density of 8.71 units per acre, and townhouses at a maximum net density of 25 units per acre. Manufactured dwelling parks shall be designed in conformance with standards and procedures of the Oregon Department of Consumer and Business Services, Building Codes Division as contained in Oregon Administrative Rules Chapter 918 Div. 600. Where standards of OAR 918-600 conflict with the following standards, the more restrictive standard shall apply.Include but are not limited to:
- Housing-Multiple units
- Housing-Other
- Infrastructure-Other
- Housing-Mobile home park
Property details
Parking
- Parking Information
- Parking Total: 6
- Garage Information
- Garage Spaces: 4
Interior
- Appliances
- Hot Water Description: Electricity
- Interior Features
- Storage: Garage(s)
- Multi Unit Information
- # Of Units Total: 4
- Unit Information
- Unit Type: 1, 2, 3, 4
- Unit Type 1 Information
- Actual Rent: $1,320
- Area: 780
- Baths Total: 1
- Beds Total: 2
- Features: Dishwasher, Fireplace, Range, Washer/Dryer Hookup
- Units Total: 1
- Unit Type 2 Information
- Actual Rent: $1,150
- Area: 780
- BathsTotal: 1
- Beds Total: 2
- Features: Dishwasher, Fireplace, Range, Washer/Dryer Hookup
- Units Total: 1
- Unit Type 3 Information
- Actual Rent: $1,400
- Area: 780
- Baths Total: 1
- Beds Total: 2
- Features: Dishwasher, Fireplace, Range, Washer/Dryer Hookup
- Units Total: 1
- Unit Type 4 Information
- Actual Rent: $1,320
- Area: 780
- Baths Total: 1
- Beds Total: 2
- Features: Dishwasher, Fireplace, Range, Washer/Dryer Hookup
- Units Total: 1
Exterior
- Exterior Features
- Roof: Composition
- Exterior Description: Brick, Wood Siding
- Lot Information
- Lot Size Square Feet: 13,939
- Lot Size Range: 10,000 to 14,999 SqFt
- Lot Size Acres: 0.32
- Lot Size: 10,000 to 14,999 SqFt
- Lot Features: Level
- Parcel Number: R143383
- Road Surface Type: Paved
- Property Information
- Property Type: Multi Family
- Property Attached YN: No
- Property Condition: Existing
- View YN: No
- Building Information
- Year Built: 1978
- Building Area Total: 3,120
- Foundation Details: Concrete Perimeter
Financial
- Tax Information
- Tax Year: 2025
- Tax Legal Description: CULVER TERRACE, LOT 5
- Tax Annual Amount: $7,115.99
- Rent Information
- Rent Includes: Sewer, Trash Collection, Water
- Lease / Rent Information
- CAP Rate: 6.35
- Gross Rent Multiplier: 11.45
Utilities
- Utility Information
- Green Certification YN: No
- Fuel Description: Electricity
- Water Source: Public Water
- Sewer: Public Sewer
- Heating & Cooling
- Heating YN: Yes
- Heating: Baseboard
- Cooling YN: No
Location
- School Information
- Elementary School: Wilkes
- Middle Or Junior School: H.B. Lee
- High School: Reynolds
- Location Information
- Directions: Exit 13 (181st Ave), N on 181st, R on Halsey, L on 183rd, R on Wasco.
- Unparsed Address: 18321 NE WASCO ST, Portland, OR 97230
- Community Information
- Zoning: MDR-12
Public facts
- Beds: —
- Baths: —
- Sq. Ft.: —
- Stories: —
- Lot Size: —
- Style: Multi-Family (2-4 Unit)
- Year Built: —
- Year Renovated: —
- County: Multnomah County
- APN: R143383
Other
- Listing Information
- MlsStatus: Sold
- Listing Price Information
- Price Type: List Price
Around this home
Schools
Public K-5 • Assigned • 0.3mi
Public 6-8 • Assigned • 0.9mi
Public 9-12 • Assigned • 3.4mi
Climate risks
Minimal risk of a flood reaching the building in the next 30 years
Unlikely to be in a wildfire in next 30 years
7 days above 93° expected this year, 15 days in 30 years
Minimal risk of severe winds over next 30 years
23 unhealthy days expected this year, 27 days in 30 years
Sun exposure
Very good sunlight
SunscoreThis home receives average direct sun exposure in Portland. There appears to be minimal shading by surrounding buildings, terrain, and vegetation.
Nearby similar homes






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Home values near 18321 NE Wasco St
| Address | Redfin Estimate |
|---|---|
2 Beds | 2 Baths | 1104 Sq. Ft. | $215,920 |
2 Beds | 2 Baths | 1104 Sq. Ft. | $227,337 |
| Address | Redfin Estimate |
|---|---|
8 Beds | 4 Baths | 3120 Sq. Ft. | — |
2 Beds | 1.5 Baths | 1104 Sq. Ft. | $206,401 |
| Address | Redfin Estimate |
|---|---|
2 Beds | 2 Baths | 1104 Sq. Ft. | $208,061 |
2 Beds | 2 Baths | 1065 Sq. Ft. | $236,085 |
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