Iraida B. Hermann, MBA

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Listing provided courtesy of eXp Realty, LLC- MLS# 130695233MLS ProviderContact Information: 971-727-9853

18315 SW PACIFIC HWYTualatin, OR 97062

Multi-Family · 5.02 Acres
$3,750,000 Active

18315 SW PACIFIC HWY Overview

Time on Site:
108 days
Visits:
2

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.

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18315 SW PACIFIC HWY Facts & Features

  • Type Multi-Family
  • Lot 5.02 Acres

Details

General

School Information

  • Elementary School: Ridges
  • Middle Or Junior School: Sherwood
  • High School: Sherwood

Income/Expenses

  • Gross Income: 1.0
  • Net Operating Income: 1.0
  • Operating Expense: 2.0

Building Information

  • Year Built: 2000

Location/Region

  • Country: US
  • County Or Parish: Washington
  • MLS Area Major: 151 - Tigard, Tualatin, Sherwood, Wilsonville

Rent/Lease Information

  • Rent Includes: None

Tax Information

  • Tax Annual Amount: 4689.97
  • Tax Year: 2025

General Information

  • Listing Terms: Call Listing Agent,Cash,Conventional,Owner Will Carry
  • Parcel Number: R529217
  • Property Condition: Proposed
  • Property Type: Multi Family
  • Zoning: RH

Interior

General Information

  • Heating: Other

Exterior

Lot Information

  • Lot Features: Cleared,Level,Public Road
  • Lot Size Acres: 5.02
  • Lot Size Dimensions: 205,167
  • Lot Size Square Feet: 218671.0
  • Water Source: Other

Waterfront/View

  • Water Body Name: Tualatin River
  • Waterfront Features: River Front

General Information

  • Number Of Units Total: 0
  • Sewer: Other

18315 SW PACIFIC HWY Neighborhood

Community

97062 (Tualatin) Demographics

38
Median Age
2,066
Population Density (per sq. mile)
54%
College Educated
$95,482
Estimated Median Income
6,393
Estimated Total Home Owners
4,614
Estimated Total Renters
58% / 42%
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.

18315 SW PACIFIC HWY Monthly Cost

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* 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.

18315 SW PACIFIC HWY Market Data

Based on the last 30 days in this zip code

$697,516
Average List Price
$306
Average Price per Square Foot
28
Properties Sold
76
Average Days on Market
94
Properties for Sale
Calculations provided by Reliance Network

18315 SW PACIFIC HWY History

Date Event Value Agent
3/13/2026Source: Regional MLS Added to Database
March 13, 2026