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Listing provided courtesy of Kelly Right Real Estate of Portland, LLC- MLS# 774931938MLS Provider

2036/2038 SE MORRISON STPortland, OR 97214

Multi-Family · 2,315 Sq. ft.
$779,000 Active

2036/2038 SE MORRISON ST Overview

Time on Site:
416 days
Visits:
4

Charming, updated duplex in SE Portland's Buckman neighborhood offering rare flexibility and strong income potential. Live in one unit and rent the other, or lease both units for a steady cash-flowing investment. This 5BD/2BA home features a 3BD/1BA main-level unit and a 2BD/1BA daylight basement ADU, each with separate entrances, kitchens, laundry, and electric meters. Perfect for house hacking, long-term rentals, or short-term stays'zoned CM2 and fully permitted for year-round rental use. Recently updated with fresh interior finishes throughout. Both units are well-appointed and thoughtfully laid out for comfortable living. Located just blocks from Belmont, Hawthorne, and central city amenities, this property offers a turnkey setup in one of Portland's most desirable and walkable neighborhoods.

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2036/2038 SE MORRISON ST Facts & Features

  • Type Multi-Family
  • Sq. ft. 2,315
  • Price/Sq.ft. $337

Details

General

School Information

  • Elementary School: Buckman
  • Middle Or Junior School: Hosford
  • High School: Cleveland

Income/Expenses

  • Gross Income: 114000.0
  • Net Operating Income: 54000.0
  • Operating Expense: 60000.0

Building Information

  • Year Built: 1909

Location/Region

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

Rent/Lease Information

  • Rent Includes: Electricity,Heat,Maintenance Grounds,Sewer,Trash Collection,Water

Tax Information

  • Tax Annual Amount: 6739.69

General Information

  • Listing Terms: Cash,Conventional,FHA
  • Parcel Number: R287817
  • Property Condition: Updated/Remodeled
  • Property Type: Multi Family
  • Zoning: CM2

Interior

Building Interior

  • Building Area Total: 2315.0

General Information

  • Cooling: Window Unit(s)
  • Heating: Forced Air,Wall Furnace

Exterior

Parking Information

  • Parking Total: 0

Lot Information

  • Lot Features: Level,On Busline
  • Water Source: Public Water

Building Exterior/Construction

  • Roof: Composition

General Information

  • Number Of Units Total: 2
  • Sewer: Public Sewer

2036/2038 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.

2036/2038 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.

2036/2038 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

2036/2038 SE MORRISON ST History

Date Event Value Agent
11/3/2025Source: Regional MLS Price Reduction
$779,000 -1.3%
5/9/2025Source: Regional MLS Added to Database
May 09, 2025