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18149 SE Pine St, Portland, OR, 97233

2beds
2baths
719sqft
$394,950
$549price/sqft
$2,906/moest. monthly cost
$116,240/yrincome needed

About This Home

Discover the perfect blend of comfort, versatility, and business potential. Zoned for mixed-use and multifamily, this updated property offers rare live-work flexibility—ideal for entrepreneurs, hobbyists, or anyone seeking space to both live and create.The charming 2-bedroom, 1-bath home is move-in ready, featuring bright open living and dining areas with new LVP flooring, fresh paint, updated lighting, vinyl windows, and new trim and doors throughout. The full bath has been beautifully updated with new tile, vanity, and fixtures, while the new energy-efficient ductless system provides year-round comfort.A detached garage/shop, connected by a covered breezeway/patio, includes three large bays (two adjoining and one separate), a convenient half bath, and a dedicated laundry room with built-in storage and utility sink. Both the shop and laundry room include finished attics for additional storage. The shop is equipped with a subpanel offering both 110 and 220 power, a vehicle inspection pit, and spray booth with compressor—ideal for auto work, art, or small business operations.Exterior improvements include new paint on the home and shop, new gutters, refreshed landscaping, and a new gravel driveway. Conveniently located near TriMet, shopping, dining, the airport, and the Downtown Rockwood redevelopment district, a growing hub for mixed-use living, small business, and community spaces.

Getting Around

85
WalkingVery Walkable
55
TransitGood Transit
79
BikeVery Bikeable

Schools

5/10
Davis Elementary SchoolGrades K-50.7 mi
1/10
Reynolds Middle SchoolGrades 6-81.2 mi
1/10
Reynolds High SchoolGrades 9-123.6 mi

Construction

Condition

  • Property condition: Resale
  • Year built: 1949

Materials

  • Foundation: Concrete Perimeter
  • Roof: Composition
  • Construction materials: Metal Siding,Wood Frame,Brick,Wood Siding

Type & Style

  • Home type: SingleFamily
  • Architectural style: Bungalow
  • Property subType: Residential,Single Family Residence

Interior

Appliances

  • Appliances included: Free-Standing Range,Free-Standing Refrigerator,Electric Water Heater

Bedroom2

  • Features: Wallto Wall Carpet
  • Level: Main
  • Area: 100

Bedrooms & Bathrooms

  • Bedrooms: 2
  • Bathrooms: 2
  • Full bathrooms: 1
  • Partial bathrooms: 1
  • Main level bathrooms: 2

Dining Room

  • Features: Living Room Dining Room Combo,Laminate Flooring
  • Level: Main

Features

  • Ceiling Fan(s),Sink,Living Room Dining Room Combo,Closet
  • Window features: Vinyl Frames,Wood Frames,Vinyl Window Double Paned
  • Flooring: Wall to Wall Carpet,Laminate,Concrete

Heating

  • Heating features: Ductless,Mini Split

Interior Area

  • Total structure area: 719
  • Total interior livable area: 719 sqft

Kitchen

  • Features: Exterior Entry,Closet, Free Standing Range, Free Standing Refrigerator
  • Level: Main
  • Area: 90

Living Room

  • Features: Ceiling Fan, Living Room Dining Room Combo,Laminate Flooring
  • Level: Main
  • Area: 195

Master Bedroom

  • Features: Wallto Wall Carpet
  • Level: Main
  • Area: 110

Property

Accessibility

  • Accessibility features: Ground Level,One Level,Pathway,Utility Room On Main,Accessibility

Details

  • Parcel number: R283551
  • Zoning: RTC

Features

  • Levels: One
  • Stories: 1
  • Patio & porch: Covered Patio
  • Exterior features: Exterior Entry

Lot

  • Lot size: 5,227 sqft
  • Features: Level,SqFt 5000 to 6999

Parking

  • Total spaces: 1
  • Parking features: Driveway,Off Street,Detached,Oversized
  • Has garage: Yes
  • Attached garage spaces: 1
  • Covered spaces: 1
  • Has uncovered spaces: Yes

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
    EarthquakeVery High
  • Cold Wave
    Cold WaveModerate
  • Heat Wave
    Heat WaveModerate
  • Ice Storm
    Ice StormModerate
  • Winter Weather
    Winter WeatherModerate

How This Home’s Risks Compare

Earthquake
Cold Wave
Heat Wave
Ice Storm
Winter Weather

FEMA Declared Disasters in Multnomah County and Oregon

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 $1,997$23,964
Home Insurance *$97$1,164
Property Taxes $636$7,632
Electricity $176$2,119
Total$2,906$34,872
*Does not include cost of any FAIR Plan premiums

Income You'd Need if You Spent...

35% on housing$99,634/yr
40% on housing$87,180/yr
45% on housing$77,493/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: 4.7%
4.7%
0%30.0%
Electricity Growth Rate10-year average: 2.0%
2.0%
0%15.0%
Property Taxes Growth Rate2-year average: 1.6%
1.6%
0%15.0%
Income Spent on Housing
30%
30%45%

Comparing Against the Market

Price Per Sq Ft

$549This listing

vs Other Active Listings

Avg $/sqft

ZIP 97233$176
Multnomah County$244

vs Homes Sold Last Month

Median $/sqft

ZIP 97233$264
Multnomah County$288

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
2026-03-14Listed for sale$394,950
2026-01-03Listing removed$390,000
2025-12-12Price change$390,000
2025-10-24Listed for sale$400,000
1992-07-01Sold$44,000

For Sale by Agent

AgentJennifer Weitzel
BrokerageBetter Homes & Gardens Realty

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