21123 SE MORRISON ST, Gresham, OR 97030

$499,990
1,972
SqFt

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List Price
$499,990
Days on Market
0
MLS#
131990721
Property Type
Multifamily
Sqft. of Residence
1,972
Lot Size
7, 000 to 9, 999 SqFt
Region
Gresham, Sandy, Troutdale, Corbett
Status
ACTIVE

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.

Additional Information

Tax Amount
$5,495
Year Built
1975
High School
Gresham
Elementary School
North Gresham
Middle School
Clear Creek
Garage Spaces
1
Living Area
1,972
Stories
2
Terms
Cash, Conventional, FHA, VA Loan
Fuel Description
Electricity
Heating Description
Baseboard
Hoa Rent Includes
Trash Collection
Hot Water Description
Electricity
Exterior Description
T-111 Siding
Roof Type
Composition
Sewer Description
Public Sewer
Parking
Garage, On Street
Parking Description
Garage, On Street
Road Surface
Paved
Number Of Units Total
2
Unit Type One Baths Total
2
Unit Type One Beds Total
2
Unit Type One Rent
1495
Unit Type One Sq Ft
986
Unit Type One Units Total
1
Unit Type Two Baths Total
2
Unit Type Two Beds Total
2
Unit Type Two Units Total
1

Mortgage Calculator

Amount of Loan
Annual Interest Rate
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Term of Loan
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Calculator source: Real Geeks

Listing courtesy of Premiere Property Group, LLC.

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