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Listed by Premiere Property Group, LLC
$ 499,990
Est. payment /mo
New
21123 SE MORRISON ST Gresham, OR 97030
1,972 SqFt
UPDATED:
Key Details
Property Type Multi-Family
Listing Status Active
Purchase Type For Sale
Square Footage 1,972 sqft
Price per Sqft $253
MLS Listing ID 131990721
HOA Y/N No
Year Built 1975
Annual Tax Amount $5,495
Tax Year 2025
Property Description
Turnkey Investment Opportunity – Tenant OccupiedDon't miss this excellent opportunity to add a well-maintained, income-producing property to your investment portfolio. Located in a convenient Gresham neighborhood, this split-level home is currently tenant occupied with established residents who would like to remain, offering the potential for immediate rental income and a seamless transition for the next owner.The home features 2 comfortable bedrooms and 1.5 bathrooms, providing a functional layout that appeals to a variety of tenants. The split-level design creates separate living spaces, offering flexibility and a sense of privacy while maximizing the home's square footage. A spacious living area welcomes natural light, creating a warm and inviting atmosphere.Outside, you'll find a generous backyard with plenty of room for outdoor entertaining, gardening, recreation, or future enhancements, making it an attractive feature for long-term renters. The attached garage provides secure parking and additional storage space, adding everyday convenience and value.Conveniently located near shopping, dining, schools, parks, public transportation, and major commuter routes, this property is well positioned in an area with strong, consistent rental demand. Whether you're expanding your investment portfolio or purchasing your first rental property, this home offers immediate income potential along with long-term appreciation opportunities. This is an outstanding opportunity to acquire a property with strong investment appeal in a desirable Gresham location.No showings. Once accepted offer received will be contingent on interior inspection. Please do not disturb the tenants.
Location
State OR
County Multnomah
Area _144
Zoning R15
Rooms
Basement Full Basement
Interior
Heating Baseboard
Exterior
Garage Spaces 1.0
Roof Type Composition
Garage No
Building
Lot Description Corner Lot, Level, Public Road, Trees
Story 2
Foundation Concrete Perimeter, Slab
Sewer Public Sewer
Water Public Water
Level or Stories 2
Schools
Elementary Schools North Gresham
Middle Schools Clear Creek
High Schools Gresham
Others
Acceptable Financing Cash, Conventional, FHA, VALoan
Listing Terms Cash, Conventional, FHA, VALoan
