2036/2038 SE MORRISON ST Portland, OR $ 779,000
2036/2038 SE MORRISON ST
$ 779,000
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2036/2038 SE MORRISON ST

Portland, OR, 97214
$ 779,000
Bedrooms5 Baths2.0 Sq 2,315

Monthly Estimate*

$ 4,860

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Multi-Family Home for sale in Portland, OR

for $779,000 with 5 bedrooms and 2 full baths. This 2,315 square foot home was built in 1909.

Charming, updated duplex in SE Portland’s Buckman neighborhood offering rare flexibility and strong income potential. Live in one unit and rent the other, or lease both units for a steady cash-flowing investment. This 5BD/2BA home features a 3BD/1BA main-level unit and a 2BD/1BA daylight basement ADU, each with separate entrances, kitchens, laundry, and electric meters. Perfect for house hacking, long-term rentals, or short-term stays—zoned CM2 and fully permitted for year-round rental use. Recently updated with fresh interior finishes throughout. Both units are well-appointed and thoughtfully laid out for comfortable living. Located just blocks from Belmont, Hawthorne, and central city amenities, this property offers a turnkey setup in one of Portland’s most desirable and walkable neighborhoods.

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Multi-Family Active

Price

$ 779,000

Bedrooms

5

Full Bath

2

Property Type

Multi-Family

Taxes

$ 6,739

Style

Year Built

1909

Town/City

Portland

County/Region

Multnomah

MLS | Web ID

774931938

Features
General
Sewer PublicSewer
Heating ForcedAir WallFurnace
Cooling WindowUnit
Roof Composition
Zoning CM2
Year Built 1909
Parcel Number R287817
Gross Income 114000.0
County Multnomah
Net Operating Income 54000.0
Operating Expense 60000.0
Property Type MultiFamily
HOA N
Rent Includes Electricity Heat MaintenanceGrounds Sewer TrashCollection Water
Status Active
Directions North of Belmont St/East of 20th Ave
High School Cleveland
City Portland
Number Of Units Total 2
MLS Area _143
Listing Terms Cash Conventional FHA
Elementary School Buckman
Tax Annual Amount 6739.69
Middle/Junior High School Hosford
Property Condition UpdatedRemodeled
Standard Status Active
Accessory Dwelling Unit Y/N N
Legal Description TILTONS ADD BLOCK 3 LOT 15&16 TL 5100
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Exterior
Lot Features Level OnBusline
Water Source PublicWater
Total Parking 0
Exterior Description WoodSiding
Building Area Total 2315.0
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Interior
Hot Water Gas
Unit 1 Baths Total 1
Unit 1 Beds Total 3
Unit 2 Baths Total 1
Unit 2 Beds Total 2
Unit Type UnitTypeType1 UnitTypeType2
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Internal Only
Street Number 1 2036
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* Excluded Features
List By
Kelly Right Real Estate Of Portland, Llc

Broker

jacobserrill@gmail.com

Email

Affordability Calculator

$5,422
Per Month
90%
10%
0%
Monthly Principal & Interest
$4,860
Monthly Property Taxes
$562
Monthly Home Insurance
--
Default based on a 30-year fixed rate of 6.375% with 20% down. The estimated payment is offered for convenience and is not an offer of credit. Due to market fluctuations, interest rates are subject to change at any time and without notice. Your individual rate may vary. Rates may differ for FHA, VA or jumbo loans.
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Nearby
1950873 Elementary School
1950530 Middle School
Cleveland High School High School
Pricing History
DatePricePrice ChangeDescription
11/3/2025$779,000 -1.27% Price Down
5/10/2025$789,000 Listed Price

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2036/2038 SE MORRISON ST, Portland, OR, 97214 is a Multi-Family Home for sale at $779,000 with 2,315 sqft. 2036/2038 SE MORRISON ST has 5 bedrooms, 2.0 baths, and was built in 1909. The property's zip code is 97214 which is in Portland, OR