2416 SE MORRISON ST Portland, OR $ 1,495,000
2416 SE MORRISON ST
$ 1,495,000
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2416 SE MORRISON ST

Portland, OR, 97214
$ 1,495,000
Bedrooms10 Baths8.0

Monthly Estimate*

$ 9,205

2416 SE MORRISON ST, Portland, OR 97214 - Image 1
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Multi-Family Home for sale in Portland, OR

for $1,495,000 with 10 bedrooms and 8 full baths. This home was built in 2017.

Prime investment opportunity in Buckman – high-demand rental location!Located in the heart of the Belmont/Hawthorne district, this property offers outstanding walkability (86) and bikeability (88), surrounded by popular dining, cafes, parks, transit, and retail.Modern, well-maintained corner-lot property featuring an open-concept layout, spacious great room, island kitchen with stainless steel appliances, wood flooring, and recessed lighting. Attractive design and functional layout appeal strongly to tenants.4 total units at 2416 & 2422 SE Morrison available for sale together.Consistently strong rental demand with excellent income potential and long-term appreciation upside.

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Multi-Family Active

Price

$ 1,495,000

Bedrooms

10

Full Bath

8

Property Type

Multi-Family

Taxes

$ 11,334

Style

Year Built

2017

Town/City

Portland

County/Region

Multnomah

MLS | Web ID

745769962

Features
General
Sewer PublicSewer
Heating ForcedAir95Plus
Roof Composition
Zoning R1
Year Built 2017
Tax Year 2025
Parcel Number R673728
Gross Income 99616.0
County Multnomah
Net Operating Income 79117.0
Operating Expense 20499.0
Property Type MultiFamily
HOA N
Rent Includes Sewer TrashCollection Water
Status Active
Directions E on SE Belmont St N on SE 25th Ave W on SE Morrison St to Property (2416 &2422)
High School Franklin
City Portland
Disclosures Disclosure
Number Of Units Total 4
MLS Area _143
Listing Terms Cash Conventional Other
Elementary School Sunnyside Env
Tax Annual Amount 11334.62
Middle/Junior High School Sunnyside Env
Standard Status Active
Accessory Dwelling Unit Y/N N
Legal Description BELMONT CROSSING LOT 2 & 3
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Interior
Basement Finished FullBasement
Hot Water Gas
Unit 1 Baths Total 3
Unit 1 Beds Total 4
Unit 2 Baths Total 1
Unit 2 Beds Total 1
Unit 3 Baths Total 3
Unit 3 Beds Total 4
Unit 4 Baths Total 1
Unit 4 Beds Total 1
Unit Type UnitTypeType1 UnitTypeType2 UnitTypeType3 UnitTypeType4
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Exterior
Parking Features OnStreet
Lot Features Level
Water Source PublicWater
Exterior Description CementSiding WoodSiding
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Internal Only
Street Number 1 2416
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* Excluded Features
List By
More Realty

Broker

503-388-7777

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Affordability Calculator

$10,149
Per Month
91%
9%
0%
Monthly Principal & Interest
$9,205
Monthly Property Taxes
$945
Monthly Home Insurance
--
Default based on a 30-year fixed rate of 6.25% 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
Pricing History
DatePricePrice ChangeDescription
4/9/2026$1,495,000 Listed Price

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2416 SE MORRISON ST, Portland, OR, 97214 is a Multi-Family Home for sale at $1,495,000. 2416 SE MORRISON ST has 10 bedrooms, 8.0 baths, and was built in 2017. The property's zip code is 97214 which is in Portland, OR