1823 SE Morrison St Portland, OR 97214
Listing Courtesy of: RMLS / John L. Scott Portland Central - Contact:  neportland@johnlscott.com

  1823 SE Morrison St Portland, OR 97214

Active (37 Days)
$995,000

Description

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.

MLS #:
24618193
Taxes
$9,751(2023)
Lot Size
5,227 SQFT
Type
Multifamily
Year Built
1905
County
Multnomah County
Community
Buckman

Listed By

James Begg, John L. Scott Portland Central, Contact: neportland@johnlscott.com
Source
RMLS
Last checked Jul 15 2024 at 11:19 PM PDT
Bathroom Details
Subdivision
  • Buckman
Lot Information
  • Trees
  • Public Road
  • Level
Property Features
  • Foundation: Concrete Perimeter
Heating and Cooling
  • Ductless
  • Wall Unit(s)
Basement Information
  • Full Basement
  • Unfinished
  • Exterior Entry
Exterior Features
  • Wood Siding
  • Roof: Composition
Utility Information
  • Utilities: Utilities-Internet/Tech: Cable
  • Sewer: Public Sewer
  • Fuel: Electricity
School Information
  • Elementary School: Buckman
  • Middle School: Hosford
  • High School: Cleveland
Parking
  • Paved
Stories
  • 2
Additional Listing Info
  • Buyer Brokerage Commission: 2.5
Location
   
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Disclaimer: 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 (fill in the site owning Broker company name here) 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 All information provided is deemed reliable but is not guaranteed and should be independently verified. Last Updated: 7/15/24 16:19