OR > Portland > Buckman
Portland, OR 97214,1823 SE MORRISON ST
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Portland, OR 97214,1823 SE MORRISON ST
Portland, OR 97214,1823 SE MORRISON ST
Portland, OR 97214,1823 SE MORRISON ST
Portland, OR 97214,1823 SE MORRISON ST
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Douglas Varenas

Douglas Varenas

+1(503) 295-3602
Listed by John L. Scott Portland Central • neportland@johnlscott.com
$ 899,000
Est. payment /mo
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Pending

1823 SE MORRISON ST Portland, OR 97214

2,896 SqFt

UPDATED:

11/13/2024 02:47 PM

Key Details

Property Type Multi-Family

Listing Status Pending

Purchase Type For Sale

Square Footage 2,896 sqft

Price per Sqft $310

Subdivision Buckman

MLS Listing ID 24618193

Year Built 1905

Annual Tax Amount $9,751

Tax Year 2023

Lot Size 5,227 Sqft

Property Description

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.

Location

State OR

County Multnomah

Community Commons, Laundry

Area _143

Zoning RM2

Rooms

Basement Exterior Entry, Full Basement, Unfinished

Interior

Heating Ductless

Cooling Mini Split, Wall Unit

Exterior

Community Features Commons, Laundry

Roof Type Composition

Garage No

Building

Lot Description Level, Public Road, Trees

Story 2

Foundation Concrete Perimeter

Sewer Public Sewer

Water Public Water

Level or Stories 2

Schools

Elementary Schools Buckman

Middle Schools Hosford

High Schools Cleveland

Others

Acceptable Financing Cash, Conventional

Listing Terms Cash, Conventional

Regional Multiple Listing Service (RMLS)

Douglas Varenas

Agent | License ID: 22007252

+1(503) 295-3602

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1823 SE MORRISON ST