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Updated Triplex

2320 SE Morrison St, Portland, OR 97214

For Sale
$1,099,000

Three residential units feature wood floors and refreshed interior finishes, with RM2 zoning.

Property SizeContact for details
Days on Market191

Property Features for 2320 SE Morrison St

General Information

Standard status Active
Property subtype Multi Family Home
Zoning RM2

Site & Location

Neighborhood Buckman Community Association
Public Transit Yes

Additional Details

Multifamily Units 3
Tenant in Place Yes

Taxes and HOA fees

Annual Taxes $11,105

Building Details

Year Built 1928
Buildings 1
Stories 2
Units 3
Tenancy Multi
Listing Agency: District Real Estate, LLC
Listed By: Kristen Riggs
Source: Horsepowerrealestateproperties
Added: May 4 Changed: Nov 8 Last Checked: Nov 9 at 8:37PM

Displayed information is deemed reliable but is not guaranteed and should be independently verified. All listing content including descriptions, pricing, images are the copyrighted material of District Real Estate, LLC

Rey
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Investment Insights

Based on property information with market context.

This 1928 triplex contains three residential units with open layouts, wood floors, and updated interior finishes. The property is zoned RM2. The units are described as being in good condition, and the building has long-term tenants with low vacancy. Professional management is in place.

Key Highlights

  • Three‑unit residential property
  • RM2 zoning
  • Built in 1928

Property Analytics

Who owns this building? See the owner, sales and loan history
Open Analytics

Lease Details

3
Residential units
Multi-tenant
Tenancy

Location Intelligence

Trade Area within ½ mile

2,771
Businesses Nearby

Demographics for 97214, OR

28,403
Population
15,948
Households
1.8
Avg Household Size
36
Median Age
67%
College-Educated
98%
High-School Grad
2.9 sq mi
ZIP Area
9,794
Density / Sq Mi
$86,879
Median Household Income
$55,643
Median Earnings
$1,628
Median Rent
$733,200
Median Home Value
Check the figures for this property Cap Rate, Value Estimation, Potential NOI and more
View Realmo Analytics

Market

Average Price Trend$/SF for Triplexes in Portland, OR

$292 Jul
$316 Aug
$274 Sep
$265 Oct

Properties on Market for Triplexes in Portland

Jul
Aug
Sep
Oct

Vacancy Rate% for Multifamily in West region

7% 2022
7.8% 2023
8.6% 2024
8.6% 2025

Frequently Asked Questions

What type of property is this?
Triplex - Three residential units feature wood floors and refreshed interior finishes, with RM2 zoning.
Where is this triplex located?
The property is located at 2320 SE Morrison St Portland, OR.
What is the asking price?
The asking price for this property is $1,099,000.
What are key features of this property?
This property features: Three‑unit residential property; RM2 zoning; Built in 1928
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Includes: Price & PSF · Cap rate · Location · Zoning

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