Multi-Family for Sale: 1823 MORRISON ST, Portland, OR 97214

2,896 sqft
$899,000
$899,000
1823 MORRISON ST, Portland, OR 97214
2,896 sqft
$899,000
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Price:
$899,000
$26,000 - 10/28/2024
Est. payment: Skip to Mortgage Calculator

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Type Multi-Family
Square Feet 2,896 sqft
Lot Size 0.12 acres
Year Built 1905
Taxes Paid $9,751
City Portland
Area 143 - Portland Southeast
County Multnomah
School District Cleveland
Subdivision BUCKMAN
MLS 24618193
Status Pending
DOM 166 days
This fully remodeled Victorian 4-plex in the Buckman neighborhood is an exceptional investment opportunity - with an outstanding cap rate over 6.5. Every unit has been fully 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. Motivated seller - this is exceptional value in a perfect location. Walk Score 94 Bike Score 96.

Room Features

Basement Description Exterior Entry, Unfinished, Full Basement

Lot & Building Features

Cooling Mini Split, Wall Unit(s)
Heating Ductless
Parking Description Paved
Sewer Public Sewer
Water Public Water
Water Heater Gas

Community and Schools

Elementary School Buckman
Junior High School Hosford
Senior High School Cleveland

Unit Features

Unit Type 1 Actual Rent 1844
Unit Type 1 Area 670
Unit Type 1 Baths 1.000
Unit Type 1 Baths Total 1
Unit Type 1 Beds Total 1
Unit Type 1 Features Hardwood Floors, Window Coverings, Refrigerator, Range
Unit Type 1 Units Total 1
Unit Type 2 Actual Rent 1599
Unit Type 2 Area 570
Unit Type 2 Baths 1.000
Unit Type 2 Baths Total 1
Unit Type 2 Beds Total 1
Unit Type 2 Features Hardwood Floors, Window Coverings, Refrigerator, Range
Unit Type 2 Units Total 1
Unit Type 3 Actual Rent 1740
Unit Type 3 Area 810
Unit Type 3 Baths 1.000
Unit Type 3 Baths Total 1
Unit Type 3 Beds Total 1
Unit Type 3 Features Hardwood Floors, Window Coverings, Refrigerator, Range
Unit Type 3 Units Total 1
Unit Type 4 Actual Rent 1680
Unit Type 4 Area 810
Unit Type 4 Baths 1.000
Unit Type 4 Baths Total 1
Unit Type 4 Beds Total 1
Unit Type 4 Features Hardwood Floors, Window Coverings, Refrigerator, Range
Unit Type 4 Units Total 1

Price History of 1823 MORRISON ST, Portland, OR

Date Name Price Difference
10/28/2024 Price Adjustment $899,000 2.81%
08/27/2024 Price Adjustment $925,000 5.13%
07/24/2024 Price Adjustment $975,000 2.01%
06/09/2024 Listing Price $995,000 N/A
*Information provided by REWS for your reference only. The accuracy of this information cannot be verified and is not guaranteed.

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Map of 1823 MORRISON ST, Portland, OR

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Photo of Don Nunamaker, Realtors
Direct: 541-386-4400
Office
2495 Cascade Ave.
Hood River, OR 97031
541-386-4400
Listed by John L. Scott Portland Central, James Begg
$
20%
1.0846774193548%
6.75%
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1823 MORRISON ST (MLS #24618193) is a multi-family listing located in Portland, OR. This multi-family listing is 2,896 sqft and on a lot of 5,227 sqft (or 0.12 acres) and is 119 years old. This property was listed on 06/10/2024 and has been priced for sale at $899,000.

Nearby zip codes are 97202, 97205, 97212, 97224 and 97232. This property neighbors other cities such as Unknown.

RMLS

Listing Last updated . Some properties which appear for sale on this web site may subsequently have sold or may no longer be available. Walk Score map and data provided by Walk Score. Google map provided by Google. Bing map provided by Microsoft Corporation.

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

Listing information courtesy of: John L. Scott Portland Central

The content relating to real estate for sale on this web site comes in part from the IDX program of the RMLS. of Portland, Oregon. Real estate listings held by brokerage firms other than Don Nunamaker, Realtors are marked with the RMLS. logo, and detailed information about these properties includes the names of the listing brokers. Listing content is copyright © 2024 RMLS., Portland, Oregon.