1616 SE Morrison ST Portland, OR $ 1,259,900
1616 SE Morrison ST
$ 1,259,900
New Construction
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1616 SE Morrison ST

Portland, OR, 97214
$ 1,259,900
Bedrooms4 Baths6.0

Monthly Estimate*

$ 7,860

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Multi-Family Home for sale in Portland, OR

for $1,259,900 with 4 bedrooms and 6 full baths. This home was built in 2025 on a lot size of 0.07.

Exceptional Triplex Investment in Portland’s Vibrant Buckman Neighborhood. Situated in the heart of one of Portland’s most desirable and walkable neighborhoods, this newly built triplex offers an outstanding investment opportunity. Each of the three units features thoughtfully designed, open-concept living spaces with high ceilings and expansive windows that flood the interiors with natural light. The layouts maximize privacy and livability, making the property ideal for both long-term rentals and owner-occupants. Modern, well-appointed kitchens in every unit come equipped with stainless steel appliances, custom cabinetry, solid surface countertops, and stylish tile backsplashes. The spacious bedrooms—many with en-suite bathrooms—enhance tenant appeal, while designer finishes throughout the property bring a level of sophistication not often found in multifamily offerings. Private outdoor areas, including a yard shaded by a beautiful heritage tree, provide tenants with peaceful retreats and elevate the overall living experience. Built by a Street of Dreams award-winning builder, this triplex was designed for quality and longevity, with modern systems and low-maintenance materials to reduce operating costs and simplify property management. Located in the culturally rich Buckman neighborhood, tenants will enjoy proximity to top-rated restaurants, local breweries, coffee shops, parks, and live music venues—ensuring steady demand and strong tenant retention. Whether you're looking to live in one unit and lease the others, or operate a fully income-generating asset, this turn-key property delivers flexibility, location, and long-term value.

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Multi-Family Pending

Price

$ 1,259,900

Bedrooms

4

Full Bath

6

Property Type

Multi-Family

Taxes

$ 0

Style

Lot Size

0.07

Year Built

2025

Town/City

Portland

County/Region

Multnomah

MLS | Web ID

563171750

Features
General
Sewer PublicSewer
Heating MiniSplit
Cooling MiniSplit
Roof Composition
Zoning R2.5
Year Built 2025
Stories Count 2
Parcel Number New Construction
Gross Income 0
County Multnomah
Net Operating Income 0
Operating Expense 0
Property Type MultiFamily
HOA N
Subdivision Name Buckman
Rent Includes None
Status Pending
Directions SE Morrison St between 16th and 17th
High School Cleveland
City Portland
Number Of Units Total 3
MLS Area _143
Lot Size Square Feet 3049.0
Listing Terms Cash Conventional
Elementary School Buckman
Tax Annual Amount 0
Middle/Junior High School Hosford
Property Condition NewConstruction
Virtual Tour https://youtu.be/jDM-DhYJ2FU
Standard Status Pending
Accessory Dwelling Unit Y/N N
Legal Description .
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Exterior
Lot Features Level
Water Source PublicWater
Total Parking 0
Exterior Description CementSiding
Lot Size Acres 0.07
Road Surface Type Paved
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Interior
Hot Water Electricity
Unit 1 Baths Total 3
Unit 1 Beds Total 2
Unit 2 Baths Total 3
Unit 2 Beds Total 2
Unit Type UnitTypeType1 UnitTypeType2
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Internal Only
Street Number 1 1616
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* Excluded Features
List By
Keller Williams Realty Portland Premiere

Broker

503-709-4632

Contact

Affordability Calculator

$7,860
Per Month
100%
0%
0%
Monthly Principal & Interest
$7,860
Monthly Property Taxes
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Monthly Home Insurance
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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
9/5/2025$1,259,900 -3.08% Price Down
8/7/2025$1,299,900 -2.26% Price Down
5/29/2025$1,329,900 Listed Price

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1616 SE Morrison ST, Portland, OR, 97214 is a Multi-Family Home for sale at $1,259,900 with a lot size of 0.07. 1616 SE Morrison ST has 4 bedrooms, 6.0 baths, and was built in 2025. The property's zip code is 97214 which is in Portland, OR