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2430 SE MORRISON ST Portland, OR $ 699,000
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$ 699,000 Get more info
2430 SE MORRISON ST
$ 699,000
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Share Save

2430 SE MORRISON ST

Portland, OR, 97214
$ 699,000
Bedrooms4 Baths2.0 Sq 2,582

Monthly Estimate*

$ 4,361

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Multi-Family Home for sale in Portland, OR

for $699,000 with 4 bedrooms and 2 full baths. This 2,582 square foot home was built in 1909 on a lot size of 0.11.

This investment property has proven cash flow, low vacancy, and great long-term potential with its RM2 zoning - allowing for much higher density. Each unit features a total of 1,291 sf of gross building area. Each unit features 2 bedrooms and 1 bath, unfinished basement is also 1,291 sq ft which offers a high ceiling and provides tremendous storage. The washer and dryer in the basement are available with the sale. The property also includes two off-street parking spaces and a private side yard perfect for entertaining, gardening, or relaxing outdoors. The fantastic Buckman neighborhood location is a short distance to shopping, transportation links, and great dining and nightlife options. Walk score of 89 + Bike score of 88 = Walker's and Biker's Paradise.

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Multi-Family Active

Price

$ 699,000

Bedrooms

4

Full Bath

2

Property Type

Multi-Family

Taxes

$ 7,863

Style

Lot Size

0.11

Year Built

1909

Town/City

Portland

County/Region

Multnomah

MLS | Web ID

349954230
Features
General
Sewer PublicSewer
Heating ForcedAir
Cooling None
Roof Composition
Zoning RM2
Year Built 1909
Stories Count 2
Tax Year 2024
Parcel Number R287793
Gross Income 46800.0
County Multnomah
Net Operating Income 34503.0
Operating Expense 12297.0
Property Type MultiFamily
HOA N
Subdivision Name BUCKMAN
Rent Includes None
Status Active
Directions Between SE 23rd & SE 25th on SE Morrison Street
High School Franklin
City Portland
Number Of Units Total 2
MLS Area _143
Lot Size Square Feet 4791.0
Listing Terms Cash Conventional
Elementary School Sunnyside Env
Tax Annual Amount 7863.96
Middle/Junior High School Sunnyside Env
Standard Status Active
Accessory Dwelling Unit Y/N N
Legal Description TILTONS ADD BLOCK 2 N 69' OF LOT 3&4
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Interior
Basement FullBasement Unfinished
Hot Water Gas
Unit 1 Baths Total 1
Unit 1 Beds Total 2
Unit 2 Baths Total 1
Unit 2 Beds Total 2
Unit Type UnitTypeType1 UnitTypeType2
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Exterior
Parking Features OffStreet OnStreet
Lot Features Level
Water Source PublicWater
Total Parking 2.0
Exterior Description Other WoodSiding
Foundation Details ConcretePerimeter
Building Area Total 2582.0
Lot Dimensions 70x69
Lot Size Acres 0.11
Road Surface Type Paved
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Internal Only
Street Number 1 2430
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* Excluded Features
List By
Real Broker

Broker

mail.mcnamara@gmail.com

Contact

Affordability Calculator

$5,016
Per Month
87%
13%
0%
Monthly Principal & Interest
$4,361
Monthly Property Taxes
$655
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
1948948 Elementary School
1949162 Middle School
Franklin High School High School
See complete school information
Pricing History
DatePricePrice ChangeDescription
10/21/2025$699,000 -6.68% Price Down
10/2/2025$749,000 Listed Price

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2430 SE MORRISON ST, Portland, OR, 97214 is a Multi-Family Home for sale at $699,000 with 2,582 sqft and a lot size of 0.11. 2430 SE MORRISON ST has 4 bedrooms, 2.0 baths, and was built in 1909. The property's zip code is 97214 which is in Portland, OR

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