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2036-2038 SE Morrison St, Portland, OR, 97214

5beds
2baths
2,315sqft
$779,000
$337price/sqft
$4,970/moest. monthly cost
$198,800/yrincome needed

About This Home

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.

Getting Around

89
WalkingVery Walkable
54
TransitGood Transit
89
BikeVery Bikeable

Schools

8/10
7/10
Hosford Middle SchoolGrades 6-80.8 mi
7/10
Cleveland High SchoolGrades 9-121.3 mi

Construction

Condition

  • Property condition: Updated/Remodeled
  • Year built: 1909

Materials

  • Roof: Composition
  • Construction materials: Wood Siding

Type & Style

  • Home type: MultiFamily
  • Property subType: Multi Family

Interior

Appliances

  • Appliances included: Gas Water Heater

Bedrooms & Bathrooms

  • Bedrooms: 5
  • Bathrooms: 2
  • Full bathrooms: 2

Heating & Cooling

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

Interior Area

  • Total structure area: 2,315
  • Total interior livable area: 2,315 sqft

Property

Details

  • Parcel number: R287817
  • Zoning: CM2

Lot

  • Features: Level,On Busline,SqFt 0K to 2999