James & Angie Smith

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Listing provided courtesy of MORE Realty- MLS# 745769962MLS ProviderContact Information: 503-388-7777

2416 SE MORRISON STPortland, OR 97214

Multi-Family
$1,495,000 Active

2416 SE MORRISON ST Overview

Time on Site:
82 days
Visits:
0

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.

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2416 SE MORRISON ST Facts & Features

  • Type Multi-Family

Details

General

School Information

  • Elementary School: Sunnyside Env
  • Middle Or Junior School: Sunnyside Env
  • High School: Franklin

Income/Expenses

  • Gross Income: 99616.0
  • Net Operating Income: 79117.0
  • Operating Expense: 20499.0

Building Information

  • Year Built: 2017

Location/Region

  • Country: US
  • County Or Parish: Multnomah
  • MLS Area Major: 143 - Portland Southeast

Rent/Lease Information

  • Rent Includes: Sewer,Trash Collection,Water

Tax Information

  • Tax Annual Amount: 11334.62
  • Tax Year: 2025

General Information

  • Disclosures: Disclosure
  • Listing Terms: Cash,Conventional,Other
  • Parcel Number: R673728
  • Property Type: Multi Family
  • Zoning: R1

Interior

General Information

  • Basement: Finished,Full Basement
  • Heating: Forced Air95Plus

Exterior

Parking Information

  • Parking Features: On Street

Lot Information

  • Lot Features: Level
  • Water Source: Public Water

Building Exterior/Construction

  • Roof: Composition

General Information

  • Number Of Units Total: 4
  • Sewer: Public Sewer

2416 SE MORRISON ST Neighborhood

Community

97214 (PORTLAND) Demographics

36
Median Age
9,926
Population Density (per sq. mile)
69%
College Educated
$74,871
Estimated Median Income
4,343
Estimated Total Home Owners
9,709
Estimated Total Renters
31% / 69%
Estimated Owner / Renter Divide
2
Estimated Average Household Size
Community data courtesy of LiveBy, Inc.

Schools

School data courtesy of LiveBy, Inc. School ratings are based on a scale of 1-5, with 5 being the highest rating and 1 being the lowest rating.

2416 SE MORRISON ST Monthly Cost

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* All calculations are estimates and provided by Reliance Network, for informational purposes only. Actual amounts may vary. ** Assumes 6.50% APR, 20% down payment, and conventional 30-year fixed rate first mortgage. Rates cited are for instructional purposes only; current rates are subject to change at any time without notice. You should not make any decisions based simply on the information provided. Additional required amounts such as taxes, insurance, homeowner association dues, assessments, mortgage insurance premiums, flood insurance or other such required payments should also be considered. Contact your mortgage company for current rates and additional information. Any mortgage broker or insurance agent that may appear is independent and is not affiliated with, endorsed by, or provided by the MLS.

2416 SE MORRISON ST Market Data

Based on the last 30 days in this zip code

$703,130
Average List Price
$336
Average Price per Square Foot
22
Properties Sold
56
Average Days on Market
69
Properties for Sale
Calculations provided by Reliance Network

2416 SE MORRISON ST History

Date Event Value Agent
4/9/2026Source: Regional MLS Added to Database
April 09, 2026