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Corner-Lot Four-Unit Quadplex
For Sale
$1,495,000

2416 SE MORRISON St, Portland, OR 97214

MULTI_FAMILY - Portland, OR

Days on Market117

Property Features for 2416 SE MORRISON St

General Information

Property type Residential Multi Family
Property subtype Other
Zoning R1
Bedrooms 10
Bathrooms 8
Full bathrooms 8
Rooms Bedroom 5, Bathroom 3, Bedroom 10, Bathroom 6, Bathroom 7, Bedroom 9, Bedroom 6, Bedroom 4, Bedroom 1, Bathroom 8, Bathroom 2, Bedroom 3, Bathroom 4, Bedroom 7, Bedroom 8, Bathroom 5, Bedroom 2, Bathroom 1
View Park, City
Elementary school Sunnyside Env
Middle school Sunnyside Env
High school Franklin
Directions E on SE Belmont St, N on SE 25th Ave, W on SE Morrison St to Property (2416 &2422)
Subdivision _143
Standard status Active
APN R673728

Taxes and HOA fees

Tax Description BELMONT CROSSING, LOT 2 & 3
Tax Annual Amount 11335
Legal Description BELMONT CROSSING, LOT 2 & 3

Utilities

Heating system Forced Air

Building Details

Year built 2017
Number of units 4
Roof type Composition
Listing Agency: MORE Realty
Listed By: Victor Wang
Added: Apr 9 Changed: Aug 3 Last Checked: Aug 3 at 7:06AM
MLS# 745769962

Copyright © 2026 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.

Investment Insights

Based on property information with market context.

This four-unit quadplex is a corner-lot property built in 2017 and designed with an open-concept layout. Interior features include a spacious great room and an island kitchen with stainless steel appliances, along with wood flooring and recessed lighting. Forced-air heating is installed, and the roof is composition.

The offering includes two addresses sold together: 2416 SE Morrison St and 2422 SE Morrison St in Portland, Oregon 97214. The property is positioned in the Buckman area and the Belmont/Hawthorne district, with walkable access to dining, cafes, parks, transit, and retail.

Zoned R1, this modern, well-maintained multifamily asset provides four total units across the two properties, supporting straightforward long-term rental operations.

Key Highlights

  • Four total units across 2416 SE Morrison St and 2422 SE Morrison St sold together
  • Corner‑lot quadplex built in 2017
  • Open‑concept layout with spacious great room

Property Analytics

Current Use

Quadplexes

Suggested Use

Top Pick (Bike/Boat/Book/etc) Store Pet Grooming Service Tanning Salon Barber Shop Travel Agency Adult Day Care

Score = modeled unmet demand for each use within ~1 mi (higher = bigger opportunity). Zoning and permitted uses should be independently verified with local authorities.

Lease Details

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

Market

Vacancy Rate% for Multifamily in West region

7% 2022
7.8% 2023
8.6% 2024
8.6% 2025
Rey
Questions? Ask Rey
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Frequently Asked Questions

What type of property is this?
Quadplex - Four-unit quadplex built in 2017 with forced-air heat on a corner lot.
Where is this quadplex located?
The property is located at 2416 SE MORRISON St Portland, OR.
What is the asking price?
The asking price for this property is $1,495,000.
What are key features of this property?
This property features: Four total units across 2416 SE Morrison St and 2422 SE Morrison St sold together; Corner‑lot quadplex built in 2017; Open‑concept layout with spacious great room
More about this property
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