This home's estimate is 13.7% higher than the average sale price ($473K) of 6 comparable homes.
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- Sale & tax history
- Property details
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18340 NE Multnomah St, Portland, OR 97230
About this home
Smart income property opportunity. Each unit has updates and includes spacious fully fenced yards, individual garages, additional 2 off street parking spaces, and newer 30 year roof. Please do not disturb tenants.

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Market trends in North Gresham, OR
Last updated September 2026
Buyer's Market
Seller's Market
Seller's market
- OPEN SAT, 10AM TO 1PM
- NEW 7 HRS AGO$437,0003 beds2 baths1,440 sq ft102 NE 156th Ave, Portland, OR 97230Leslie Newberry • John L. Scott Portland Central
- $595,0004 beds3 baths2,520 sq ft3416 NE 126th Ave, Portland, OR 97230Amit Amshalom • The A Realty LLC
- $399,0002 beds2 baths1,315 sq ft2362 NE 149th Ave, Portland, OR 97230Jeff Walker • RE/MAX Equity Group
- $529,9004 beds3 baths2,134 sq ft3638 NE 150th Ave, Portland, OR 97230Glenn Matz PC • Keller Williams PDX Central
- 3D WALKTHROUGH$549,9004 beds2 baths1,677 sq ft25 NE 192nd Ave, Portland, OR 97230Sunny Hildebrand • Hildebrand Realty
- $675,0004 beds3 baths2,733 sq ft16443 NE Tillamook St, Portland, OR 97230Lisa Owens • Corcoran Prime
- $295,0002 beds2 baths1,128 sq ft14803 NE Sacramento St #83, Portland, OR 97230Jules Williamson • Realty One Group Prestige
- $349,9002 beds1 bath792 sq ft12914 NE Halsey St, Portland, OR 97230Dmitri Galkovski • Pristine Realty LLC
See all
Provided by Redfin
Sale history for 18340 NE Multnomah St
$182/sq ft
$178/sq ft
$83/sq ft
$91/sq ft
$80/sq ft
$71/sq ft
Tax history for 18340 NE Multnomah St
*Taxable value of land and structures on it ("additions") is determined regularly by local assessors and does not affect market price.
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 Features: Attached, Garage
Interior
- Virtual Tour Information
- Has Virtual Tour Unbranded: Yes
- Has Virtual Tour Unbranded 2: Yes
- Appliances
- Hot Water Description: Electricity
- Interior Features
- Storage: Garage(s)
- Basement: Crawl Space
- Multi Unit Information
- # Of Units Total: 2
- Unit Information
- Unit Type: 1, 2
- Unit Type 1 Information
- Actual Rent: $1,585
- Area: 1,170
- Baths Total: 2
- Beds Total: 3
- Features: Dishwasher, Fireplace, Refrigerator, Washer/Dryer Hookup
- Units Total: 1
- Unit Type 2 Information
- Actual Rent: $1,275
- Area: 980
- BathsTotal: 2
- Beds Total: 2
- Features: Dishwasher, Fireplace, Refrigerator, Washer/Dryer Hookup
- Units Total: 1
Exterior
- Exterior Features
- Exterior Description: Aluminum
- Lot Information
- Lot Size Range: 7,000 to 9,999 SqFt
- Lot Size: 7,000 to 9,999 SqFt
- Lot Features: Level
- Parcel Number: R274589
- Road Surface Type: Paved
- Property Information
- Property Type: Multi Family
- Property Attached YN: No
- View YN: No
- Building Information
- Year Built: 1979
- Building Area Total: 2,524
- Foundation Details: Concrete Perimeter
Financial
- Tax Information
- Tax Legal Description: SPRINGTREE PARK, BLOCK 2, LOT 9
- Tax Annual Amount: $3,803.12
- Rent Information
- Rent Includes: Sewer, Trash Collection, Water
- Lease / Rent Information
- CAP Rate: 5.39
- Gross Rent Multiplier: 14.72
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: Hartley
- Middle Or Junior School: Reynolds
- High School: Reynolds
- Location Information
- Directions: 181st to pacific to 183rd
- Unparsed Address: 18340 NE MULTNOMAH ST, Portland, OR 97230
- Community Information
- Zoning: MDR-12
Public facts
- Beds: 5
- Baths: 3.0
- Sq. Ft.: 2,044
- Stories: 1.0
- Lot Size: 8,016 square feet
- Style: Multi-Family (2-4 Unit)
- Year Built: 1979
- Year Renovated: 1979
- County: Multnomah County
- APN: R274589
Other
- Listing Information
- MlsStatus: Sold
- Listing Price Information
- Price Type: List Price
Around this home
Schools
Public K-5 • Assigned • 0.2mi
Public 6-8 • Assigned • 0.9mi
Public 9-12 • Assigned • 3.5mi
Lifestyle
Provided by Walk Score and Local Logic
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
In this area, properties receive around 9.8 hours in June and 2 hours in December, placing it below the U.S. average for solar exposure.
Nearby similar homes
New listings for sale in 97230
Home values near 18340 NE Multnomah St
| Address | Redfin Estimate |
|---|---|
5 Beds | 5 Baths | 2842 Sq. Ft. | $576,616 |
5 Beds | 3 Baths | 2197 Sq. Ft. | $522,504 |
| Address | Redfin Estimate |
|---|---|
4 Beds | 2 Baths | 1892 Sq. Ft. | $629,144 |
5 Beds | 3 Baths | 2044 Sq. Ft. | $512,303 |
| Address | Redfin Estimate |
|---|---|
5 Beds | 3 Baths | 1992 Sq. Ft. | $552,487 |
5 Beds | 4 Baths | - Sq. Ft. | $561,134 |
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