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18315 SW Pacific Hwy, Tualatin, OR, 97062

--beds
0baths
--sqft
$3,750,000
--price/sqft
$26,311/moest. monthly cost
$1,052,440/yrincome needed

About This Home

Exceptional high-density development opportunity in the rapidly expanding westside submarket of Tualatin. Zoned RH (High-Density Residential), this property presents a rare chance for developers to deliver multifamily apartments, townhomes, or senior housing in a market experiencing strong population growth and increasing housing demand. Positioned just off Pacific Highway 99, the site offers excellent access, strong visibility, and close proximity to major employment corridors, retail centers, and regional transportation routes.With limited land available for high-density projects in this submarket, this parcel provides developers the opportunity to capitalize on a supply-constrained market while meeting the growing need for housing in the Tualatin and greater Washington County area. Ideal for builders and investors seeking a scalable residential project in one of the Portland metro’s most active growth corridors.

Getting Around

28
WalkingCar-Dependent
35
TransitSome Transit
54
BikeBikeable

Schools

9/10
9/10
Sherwood Middle SchoolGrades 6-83.0 mi
10/10
Sherwood High SchoolGrades 9-123.7 mi

Construction

Condition

  • Property condition: Proposed
  • Year built: 2000

Materials

  • Construction materials: Other

Type & Style

  • Home type: MultiFamily
  • Property subType: Multi Family

Interior

Heating

  • Heating features: Other

Property

Details

  • Parcel number: R529217
  • Zoning: RH

Features

  • Has view: Yes
  • View description: River,Trees/Woods
  • Has water view: Yes
  • Water view: River
  • On waterfront: Yes
  • Waterfront features: River Front
  • Waterbody name: Tualatin River

Lot

  • Lot size: 5.02 Acres
  • Features: Cleared,Level,Acres 3 to 5
  • Lot size dimensions: 205,167

Climate Risk is Financial Risk

Every home has a financial story beyond the listing price. Below, you’ll see the climate risks that could affect this property — and in Bills & Affordability, how those risks may influence repairs, insurance, utilities, and long-term value.

Biggest Threats for This Home

  • Earthquake
    EarthquakeRelatively High
  • Inland Flooding
    Inland FloodingRelatively High
  • Cold Wave
    Cold WaveModerate
  • Heat Wave
    Heat WaveModerate
  • Ice Storm
    Ice StormModerate
  • Lightning
    LightningModerate
  • Strong Wind
    Strong WindModerate
  • Winter Weather
    Winter WeatherModerate

How This Home’s Risks Compare

Earthquake
Inland Flooding
Cold Wave
Heat Wave
Ice Storm
Lightning
Strong Wind
Winter Weather

FEMA Declared Disasters in Washington County and Oregon

Fire
Flood
Mud Landslide
Severe Storm
Straight Line Winds
Winter Storm

Understanding the Costs

Financial advisors generally recommend spending no more than 30% of your gross household income on housing costs. In practice, many households stretch to 35% or beyond — especially in high-cost markets.

Estimated Costs Today

MonthlyAnnual
Mortgage $18,962$227,544
Home Insurance *$844$10,128
Property Taxes $6,329$75,948
Electricity $176$2,119
Total$26,311$315,732
*Does not include cost of any FAIR Plan premiums

Income You'd Need if You Spent...

35% on housing$902,091/yr
40% on housing$789,330/yr
45% on housing$701,626/yr

Oregon FAIR Plan Programs

Oregon FAIR Plan Association

Covered
WildfireWildfire
Add-on available
HailHail
WindWind
Visit Website →
Current Policies
Residential: 2,377Commercial: 170
Total Premiums$3.07M
Total Exposure$840.98M

How Costs Could Change Over Time

Climate risk is quickly impacting all of the major home ownership costs. Adjust the growth rates and percentage of income spent on housing below to see how your housing costs could change over the next 10 years — and what income you'd need to keep up.

Insurance Growth Rate5-year average: 7.7%
7.7%
0%30.0%
Electricity Growth Rate10-year average: 2.0%
2.0%
0%15.0%
Property Taxes Growth Rate2-year average: -1.5%
-1.5%
0%15.0%
Income Spent on Housing
30%
30%45%

Comparing Against the Market

Price Per Sq Ft

--This listing

vs Other Active Listings

Avg $/sqft

ZIP 97062$273
Washington County$252

vs Homes Sold Last Month

Median $/sqft

ZIP 97062$277
Washington County$291

Current Market Trends

Median Price Per Square Foot

The median price per square foot of homes sold in this area each month. Compare this to this listing's price per square foot to gauge whether the home is priced in line with recent sales.

Historicals for This Listing

Zestimate History ($/sqft)

Price History

DateEventPrice
2026-03-13Listed for sale$3,750,000

For Sale by Agent

AgentJayson Mitchell
BrokerageeXp Realty, LLC

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