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2416 SE Morrison St, Portland, OR 97214

$1,495,000

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Property Description

Prime investment opportunity in Buckman - high-demand rental location!Located in the heart of the Belmont/Hawthorne district, this property offers outstanding walkability (86) and bikeability (88), surrounded by popular dining, cafes, parks, transit, and retail.Modern, well-maintained corner-lot property featuring an open-concept layout, spacious great room, island kitchen with stainless steel appliances, wood flooring, and recessed lighting. Attractive design and functional layout appeal strongly to tenants.4 total units at 2416 & 2422 SE Morrison available for sale together.Consistently strong rental demand with excellent income potential and long-term appreciation upside.

2416 SE Morrison St | MLS# 745769962

This multi-family property located at 2416 SE Morrison St, Portland, OR 97214 is currently listed for sale with an asking price of $1,495,000. Search Portland real estate on juliecarnagey.bendpremierrealestate.com today.

Property Features

Property Type: Multi Unit - Multiple
Basement: Yes
Basement: Finished, FullBasement
Fuel Type: Gas
Heating: Forced Air95Plus
Roof Type: Composition
Taxes: $11,335
Year Built: 2017

Units

Unit Type 1:
Bathroom(s): 3
Bedrooms: 4
Rent: $3045.00
Square Footage: 1637
Total Units: 1
Unit Type 2:
Bathroom(s): 1
Bedrooms: 1
Rent: $1550.00
Square Footage: 507
Total Units: 1
Unit Type 3:
Bathroom(s): 3
Bedrooms: 4
Rent: $2895.00
Square Footage: 1584
Total Units: 1
Unit Type 4:
Bathroom(s): 1
Bedrooms: 1
Rent: $1545.00
Square Footage: 624
Total Units: 1

Feature Descriptions

Days on Site: 47
Exterior: Cement Siding, Wood Siding
Gross Income: $99616.00 (Actual)
Hot Water: Gas
Lot: Level
Net Income: $79117.00 (Actual)
Operating Expenses: $20499.00 (Actual)
Parking: OnStreet
Parking Notes: OnStreet
Sewer: Public Sewer
Special View Info: City, Park/Greenbelt
Units: 4
Water: Public Water

Local Schools

High School: Franklin
Middle School: Sunnyside Env
Elementary School: Sunnyside Env

Listed By / Shown By

Listed By

Agency Name: MORE Realty
Agency Contact: 503-388-7777

Shown By

Agent Name: Julie Carnagey Broker
Agent Phone: (541) 410-8583
Agency Title: Bend Premier Real Estate

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Estimated Payment

$ 8,940.16 per month $7,559.53 Principal & Interest $944.58 Property Tax $436.04 Homeowner's Insurance

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Disclaimer: All information deemed reliable but not guaranteed. All properties are subject to prior sale, change or withdrawal. Neither listing broker(s) or information provider(s) shall be responsible for any typographical errors, misinformation, misprints and shall be held totally harmless. Listing(s) information is provided for consumers personal, non-commercial use and may not be used for any purpose other than to identify prospective properties consumers may be interested in purchasing. Information on this site was last updated 05/27/2026. The listing information on this page last changed on 05/27/2026. The data relating to real estate for sale on this website comes in part from the Internet Data Exchange program of Delta Media Group MLS (last updated Wed 05/27/2026 1:22:00 PM EST) or RMLS (last updated Wed 05/27/2026 10:35:38 AM EST) or COAR/MLSCO (last updated Wed 05/27/2026 1:12:11 PM EST). Real estate listings held by brokerage firms other than Bend Premier Real Estate may be marked with the Internet Data Exchange logo and detailed information about those properties will include the name of the listing broker(s) when required by the MLS. All rights reserved.

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 other brokerage firms are marked with the RMLS logo, and detailed information about these properties includes the names of the listing brokers. Listing content is copyright © 2026 RMLS, Portland, Oregon. Some properties which appear for sale on this web site may subsequently have sold or may no longer be available.

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