2416 SE MORRISON ST

Portland, OR 97214
$1,495,000
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,Read MoreRead Less
Listing courtesy of MORE Realty.
Listing Snapshot
Days Online
5
Last Updated
Year Built
2017
MLS Number
745769962
30 Days Snapshot Of 97214
$763k
+18%
(avg) sold price
16
+45%
homes sold
29
-47%
(avg) days on market
Snapshot
Area Map
Additional Details
Basement
Basement: Finished, FullBasement
Building
Built in 2017, Unit Type Type: UnitTypeType1, UnitTypeType2, UnitTypeType3, UnitTypeType4
Disclosures
Disclosures: Disclosure
Expenses
Operating Expense: $20,499
Exterior Features
Exterior Description: CementSiding, WoodSiding
Heating
Heating: ForcedAir95Plus
Income
CAP Rate: 5.29, Gross Income: $99,616, Gross Rent Multiplier: 15.01, Net Operating Income: $79,117
Lot
Features: Level, Size Range: SqFt3000to4999, Size: 3,000 to 4,999 SqFt
Parking
Features: OnStreet
Property
Number Of Units Total: 4, Zoning: R1
Roof
Roof: Composition
Sewer
Sewer: PublicSewer
Taxes
Annual Amount: $11,335, Legal Description, Tax Year: 2025
Unit One
Actual Rent: $3,045, Area: 1637, Units Total: 1, 3 total bathrooms, 4 total bedroom
Unit Two
Actual Rent: $1,550, Area: 507, Units Total: 1, 1 total bathroom, 1 total bedroom
Unit Three
Actual Rent: $2,895, Area: 1584, Units Total: 1, 3 total bathrooms, 4 total bedroom
Unit Four
Actual Rent: $1,545, Area: 624, Units Total: 1, 1 total bathroom, 1 total bedroom
Utilities
Fuel Description: Gas, Hot Water Description: Gas, Water Source: PublicWater
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Erika George and Kari McGee
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This content last updated on . Some properties which appear for sale on this web site may subsequently have sold or may no longer be available.
This content last updated on . Some properties which appear for sale on this web site may subsequently have sold or may no longer be available.