21123 Se Morrison St, Gresham, OR

$499,990

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1,972

Square feet

About 21123 Se Morrison St

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.

Features of 21123 Se Morrison St

MLS® # 131990721
Price $499,990
Bathrooms 0.00
Square Footage 1,972
Acres 0.00
Year Built 1975
Type Multi Family
Status Active

Community Information

Address 21123 Se Morrison St
Area 144 - Gresham, Sandy, Troutdale, Corbett
City Gresham
County Multnomah
State OR
Zip Code 97030

Amenities

Parking Spaces 2
Parking Garage, On Street
# of Garages 1
Is Waterfront No
Has Pool No

Interior

Heating Baseboard
Fireplace No
# of Stories 2
Has Basement Yes
Basement Full Basement

Exterior

Exterior T-111 Siding
Lot Description Corner Lot, Level, Public Road, Trees
Roof Composition
Foundation Concrete Perimeter, Slab

School Information

Elementary North Gresham
Middle Clear Creek
High Gresham

Additional Information

Date Listed August 3rd, 2026
Days on Market 48
Zoning R15
Short Sale No
RE / Bank Owned No

Listing Details

OfficePremiere Property Group, LLC

Listing Map

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