• Asking Price $995,000
  • Estimated Value: $961,899
  • 1823 SE MORRISON ST PORTLAND, OR 97214

  • 4 Baths 2,896 SqFt
  • Multi-family (5 or more units) / Resale (MLS)

Property Details for 1823 SE MORRISON ST, PORTLAND, OR 97214

Features

  • Price/sqft: $343
  • Lot Size: 5000 sq. ft.
  • Total Units: 5
  • Total Rooms: 1
  • Room List: Basement
  • Stories: 200
  • Roof Type: GABLE
  • Heating: 8
  • Construction Type: Wood
  • Exterior Walls: Wood

Facts

  • Year Built: 01/01/1905
  • Property ID: 889355581
  • MLS Number: 24618193
  • Parcel Number: R167955
  • Property Type: Multi-family (5 or more units)
  • County: MULTNOMAH
  • Legal Description: GARRISONS SUB, BLOCK 9, W 1/2 OF LOT 5&6
  • Zoning: RM2
  • Listing Status: Active

Sale Type

This is an MLS listing, meaning the property is represented by a real estate broker, who has contracted with the home owner to sell the home.

Description

This listing is NOT a foreclosure. This fully remodeled Victorian 4-plex in the Buckman neighborhood is an exceptional investment opportunity - with an exceptional cap rate over 6. Every unit has been updated with newer kitchens, bathrooms, paint, and flooring. Fresh new external paint just completed. Full building repipe in 2019. Sizable unfinished attic with good head height, and unfinished basement with separate entry, storage units and community laundry facilities. Floor plans vary. Common area backyard with fire pit, and off-street parking for two vehicles. Fully tenanted, and rents at market rate. Well located close to Belmont, Hawthorne and Public transit. Walk Score 94 Bike Score 96.

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Property Brokerage: John L. Scott 1205 NE MLK Jr Blvd Portland OR 97232
Copyright © 2024 Regional Multiple Listing Services. All rights reserved. All information provided by the listing agent/broker is deemed reliable but is not guaranteed and should be independently verified.



All information provided is deemed reliable, but is not guaranteed and should be independently verified.