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Listed by Premiere Property Group, LLC

$499,990

Est. payment - /mo

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1,972 SqFt

New

21123 SE MORRISON ST Gresham, OR 97030

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Tommy Jedrzejczyk

tommy@tltre.com +1(503) 506-4646

UPDATED:

Key Details

Property Type Multi-Family

Listing Status Active

Purchase Type For Sale

Square Footage 1,972 sqft

Price per Sqft $253

MLS Listing ID 131990721

HOA Y/N No

Year Built 1975

Annual Tax Amount $5,495

Tax Year 2025

Property Description

Turnkey Investment Opportunity – Tenant OccupiedDon't miss this excellent opportunity to add a well-maintained, income-producing property to your investment portfolio. Located in a convenient Gresham neighborhood, this split-level home is currently tenant occupied with established residents who would like to remain, offering the potential for immediate rental income and a seamless transition for the next owner.The home features 2 comfortable bedrooms and 1.5 bathrooms, providing a functional layout that appeals to a variety of tenants. The split-level design creates separate living spaces, offering flexibility and a sense of privacy while maximizing the home's square footage. A spacious living area welcomes natural light, creating a warm and inviting atmosphere.Outside, you'll find a generous backyard with plenty of room for outdoor entertaining, gardening, recreation, or future enhancements, making it an attractive feature for long-term renters. The attached garage provides secure parking and additional storage space, adding everyday convenience and value.Conveniently located near shopping, dining, schools, parks, public transportation, and major commuter routes, this property is well positioned in an area with strong, consistent rental demand. Whether you're expanding your investment portfolio or purchasing your first rental property, this home offers immediate income potential along with long-term appreciation opportunities. This is an outstanding opportunity to acquire a property with strong investment appeal in a desirable Gresham location.No showings. Once accepted offer received will be contingent on interior inspection. Please do not disturb the tenants.

Location

State OR

County Multnomah

Area _144

Zoning R15

Rooms

Basement Full Basement

Interior

Heating Baseboard

Exterior

Garage Spaces 1.0

Roof Type Composition

Garage No

Building

Lot Description Corner Lot, Level, Public Road, Trees

Story 2

Foundation Concrete Perimeter, Slab

Sewer Public Sewer

Water Public Water

Level or Stories 2

Schools

Elementary Schools North Gresham

Middle Schools Clear Creek

High Schools Gresham

Others

Acceptable Financing Cash, Conventional, FHA, VALoan

Listing Terms Cash, Conventional, FHA, VALoan

Regional Multiple Listing Service (RMLS)

NEARBY SCHOOL & BUSINESS

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