2036-2038 SE Morrison St, Portland, OR, 97214
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
Very Walkable
Good Transit
Very BikeableSchools
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
Climate Risk is Financial Risk
Every home has a financial story beyond the listing price. Below, you’ll see the climate risks that could affect this property — and in Bills & Affordability, how those risks may influence repairs, insurance, utilities, and long-term value.
Biggest Threats for This Home
- Earthquake
- Heat Wave
How This Home’s Risks Compare
FEMA Declared Disasters in Multnomah County and Oregon
Understanding the Costs
Financial advisors generally recommend spending no more than 30% of your gross household income on housing costs. In practice, many households stretch to 35% or beyond — especially in high-cost markets.
Estimated Costs Today
| Monthly | Annual | |
|---|---|---|
| Mortgage | $3,939 | $47,268 |
| Home Insurance * | $159 | $1,908 |
| Property Taxes | $662 | $7,944 |
| Electricity | $210 | $2,521 |
| Total | $4,970 | $59,640 |
Income You'd Need if You Spent...
Oregon FAIR Plan Programs
How Costs Could Change Over Time
Climate risk is quickly impacting all of the major home ownership costs. Adjust the growth rates and percentage of income spent on housing below to see how your housing costs could change over the next 10 years — and what income you'd need to keep up.
Comparing Against the Market
Price Per Sq Ft
vs Other Active Listings
Avg $/sqft
vs Homes Sold Last Month
Median $/sqft
Current Market Trends
Median Price Per Square Foot
The median price per square foot of homes sold in this area each month. Compare this to this listing's price per square foot to gauge whether the home is priced in line with recent sales.
Historicals for This Listing
Zestimate History ($/sqft)
Price History
| Date | Event | Price |
|---|---|---|
| 2026-02-25 | Listed for sale | $779,000 |
| 2026-01-06 | Listing removed | $779,000 |
| 2025-11-03 | Price change | $779,000 |
| 2025-06-18 | Listed for sale | $789,000 |
| 2025-06-10 | Listing removed | $789,000 |
| 2025-05-10 | Listed for sale | $789,000 |
| 2017-09-27 | Sold | $580,000 |
For Sale by Agent
View on Zillow