1823 SE MORRISON ST Portland, OR 97214
Price:
$925,000
Units:
4
Acres:
0.12
Unit 1:
1 Bed 1.0 Bath $1,844/mo
Features: Hardwood Floors, Range, Refrigerator, Window Coverings
Unit 2:
1 Bed 1.0 Bath $1,599/mo
Features: Hardwood Floors, Range, Refrigerator, Window Coverings
Unit 3:
1 Bed 1.0 Bath $1,740/mo
Features: Hardwood Floors, Range, Refrigerator, Window Coverings
Unit 4:
1 Bed 1.0 Bath $1,680/mo
Features: Hardwood Floors, Range, Refrigerator, Window Coverings
MLS#:
24618193
Lot Size:
5,000 to 6,999 SqFt
Type:
Multi
Zone:
RM2
Yr Built:
1905
Taxe/yr:
$9,751.25
County:
Multnomah
Status:
Active
Levels:
2
Heat:
Ductless
Nhood/Bldg:
BUCKMAN
Elem:
Buckman
Middle:
Hosford
High:
Cleveland
Lot Desc:
Level, Public Road, Trees
Area:
Portland Southeast
Courtesy of:
John L. Scott Portland Central
Remarks:
This fully remodeled Victorian 4-plex in the Buckman neighborhood is an exceptional investment opportunity - with an exceptional 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.

We’ll get back to you as soon as we’re able. But if you need us sooner, feel free to call Brian at 503-810-2219 with your questions.

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