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    2036/2038 SE Morrison St Portland, OR 97214

    For Sale
    $779,000

    MULTI_FAMILY - Portland, OR

    Property size:
    2,315 SF
    Days on Market:
    20
    Last Refresh:
    Dec 6 at 8:06 am

    Property Features for 2036/2038 SE Morrison St

    General Information

    Property type
    Residential Multi Family
    Property subtype
    Other
    Standard status
    Active
    Zoning
    CM2
    Rooms
    Bedroom 5, Bedroom 4, Bedroom 3, Bedroom 1, Bathroom 1, Bathroom 2, Bedroom 2
    Bedrooms
    5
    APN
    R287817
    Size
    2,315 SF

    Utilities

    Heating system
    Forced Air
    Cooling system
    Window Unit(s)

    Building Details

    Year built
    1909
    Number of units
    2
    Roof type
    Composition

    Kelly Right Real Estate of Portland (509) 489-7000 [email protected]

    Listing agent Jacob Serrill (503) 719-6056

    Listing date Nov 17, 2025

    MLS# 774931938 Listing URL

    Copyright © 2025 Regional Multiple Listing Services. All rights reserved. All information provided by the listing agent/broker is deemed reliable but is not guaranteed and should be independently verified.

    Overview

    Updated Duplex in Buckman Neighborhood

    Located in the Buckman neighborhood of SE Portland, this updated duplex offers flexibility and income potential. The property, a 5-bedroom, 2-bathroom home, features a 3-bedroom, 1-bathroom main-level unit and a 2-bedroom, 1-bathroom daylight basement ADU. Each unit has separate entrances, kitchens, laundry facilities, and electric meters. The property is zoned CM2 and fully permitted for year-round rental use, making it suitable for house hacking, long-term rentals, or short-term stays. The duplex has been recently updated with fresh interior finishes throughout. Both units are well-appointed and thoughtfully laid out for comfortable living. Situated blocks from Belmont, Hawthorne, and central city amenities, this 2,315 square foot property offers a turnkey setup in a walkable neighborhood.
    Location Intelligence

    Current Use by Public Records

    Duplexes

    Suggested Use

    Law Firm Realty agency Dental Office Restaurant Spa & Massage Hair Salon Nail Salon Clothing Store Daycare Center Building Supply

    Zoning and permitted uses should be independently verified with local authorities.

    Location Insight

    • Map
    • Local Demand
    City
    Portland
    County
    Washington
    State
    Oregon
    Longitude
    -122.64473
    Latitude
    45.516845

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    FAQs

    What type of property is this?
    Duplex - Charming Portland duplex with income potential in desirable location.
    Where is this duplex located?
    The property is located at 2036/2038 SE Morrison St Portland, OR.
    What is the asking price?
    The asking price for this property is $779,000.
    What are key features of this property?
    This property features: - Strong income potential as a duplex in the desirable Buckman neighborhood.; - CM2 zoning and full permits allow for flexible rental options (long-term or short-term).; - Two separate units (3BD/1BA & 2BD/1BA) each featuring individual entrances, kitchens, laundry, and electric meters.
    (503) 719-6056
    Request Owner's contact information
    2036/2038 SE Morrison St Portland, OR 97214
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    Portland, OR 97214
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    Realmo Value Estimation

    Realmo estimates a property’s market value using a proprietary methodology that incorporates public data and user-submitted information. This cumulative value is generated by integrating a variety of conventional and innovative methods. 

    Disclaimer

    These figures are not official appraisals and should not be used as a substitute for a valuation performed by a licensed appraiser.

    Actual market value may differ due to factors not captured in the data. Estimates are offered for informational purposes only, and users should conduct independent research before making financial or investment decisions.

    By using this feature, you acknowledge that Realmo is not responsible for actions taken based on these estimates.

    AI approach

    Realmo AI Method estimates property value using machine learning models trained on millions of comparable listings, transactions, and market signals. It analyzes property features, location intelligence data, and current market dynamics to predict the most probable market value in real time.

    Cap approach

    Capitalization Method calculates value based on estimated net operating income (NOI) and applying a market-based capitalization rate (cap rate), we estimate what a typical investor might be willing to pay for it.

    Comparable approach

    Comparable estimate is based on recent sales of similar nearby properties, adjusted for factors like size, condition, and location.

    Relative

    Relative property class coefficient uses factors that account for typical price differences between various asset types (e.g., retail vs. industrial) to provide a more accurate market-aligned estimate.

    Geo

    Comparable Sales Method, enhanced by Geo coefficients — location-based adjustment factors that reflect differences in price levels across neighborhoods, cities, or regions ensuring a more accurate, market-sensitive valuation.

    Alternative use

    Estimate considers the property’s potential value if used for a different purpose-based on zoning, demand, and market feasibility.

    More about this property
    2036/2038 SE Morrison St Portland, OR 97214
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