2416 SE Morrison St, Portland, OR, 97214
About This Home
Prime investment opportunity in Buckman – high-demand rental location!Located in the heart of the Belmont/Hawthorne district, this property offers outstanding walkability (86) and bikeability (88), surrounded by popular dining, cafes, parks, transit, and retail.Modern, well-maintained corner-lot property featuring an open-concept layout, spacious great room, island kitchen with stainless steel appliances, wood flooring, and recessed lighting. Attractive design and functional layout appeal strongly to tenants.4 total units at 2416 & 2422 SE Morrison available for sale together.Consistently strong rental demand with excellent income potential and long-term appreciation upside.
Getting Around
Very Walkable
Good Transit
Very BikeableSchools
Construction
Condition
- Year built: 2017
Materials
- Roof: Composition
- Construction materials: Cement Siding,Wood Siding
Type & Style
- Home type: MultiFamily
- Property subType: Multi Family
Interior
Appliances
- Appliances included: Gas Water Heater
Basement
- Has basement: Yes
- Basement: Finished,Full
Bedrooms & Bathrooms
- Bedrooms: 10
- Bathrooms: 8
- Full bathrooms: 6
- Partial bathrooms: 2
Heating
- Heating features: Forced Air 95 Plus
Interior Area
- Total structure area: 4,352
- Total interior livable area: 4,352 sqft
Property
Details
- Parcel number: R673728
- Zoning: R1
Features
- Has view: Yes
- View description: City,Park/Greenbelt
Lot
- Features: Level,SqFt 3000 to 4999
Parking
- Parking features: On Street
- Has uncovered spaces: Yes
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 | $7,559 | $90,708 |
| Home Insurance * | $306 | $3,672 |
| Property Taxes | $1,270 | $15,240 |
| Electricity | $394 | $4,739 |
| Total | $9,529 | $114,348 |
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 |
|---|---|---|
| 2026-04-09 | Listed for sale | $1,495,000 |
| 2021-04-20 | Sold | $1,380,000 |
| 2021-01-30 | Listed for sale | $1,479,800 |
| 2020-07-18 | Listing removed | $744,900 |
| 2020-04-16 | Price change | $744,900 |
| 2020-04-07 | Price change | $1,499,900 |
| 2020-01-24 | Listed for sale | $744,900 |
| 2018-10-16 | Listing removed | $749,900 |
| 2018-08-13 | Price change | $749,900 |
| 2018-07-06 | Price change | $1,529,800 |
| 2017-09-13 | Price change | $1,529,900 |
| 2017-06-07 | Price change | $1,554,800 |
| 2017-06-03 | Price change | $774,900 |
| 2017-05-16 | Listed for sale | $784,900 |
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