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® # | 571244590 |
|---|---|
| Price | $499,990 |
| Bedrooms | 4 |
| Bathrooms | 1.10 |
| Full Baths | 1 |
| Half Baths | 1 |
| Square Footage | 972 |
| Acres | 0.19 |
| Year Built | 1975 |
| Type | Residential |
| Sub-Type | Attached |
| Style | 2 Story |
| 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 | 1 |
|---|---|
| Parking | Driveway, On Street |
| # of Garages | 1 |
| Garages | Attached |
| Is Waterfront | No |
| Has Pool | No |
Interior
| Interior Features | Laminate Flooring, Laundry, Wall to Wall Carpet, Hookup Available |
|---|---|
| Appliances | Disposal, Free-Standing Range, Free-Standing Refrigerator |
| Heating | Baseboard |
| Fireplace | No |
| # of Stories | 2 |
| Has Basement | Yes |
| Basement | Full Basement |
Exterior
| Exterior | T-111 Siding |
|---|---|
| Exterior Features | Fenced, Porch, Yard, Deck |
| Lot Description | Level, Corner Lot, Public Road |
| Windows | Double Pane Windows |
| Roof | Composition |
| Foundation | Concrete Perimeter |
School Information
| Elementary | North Gresham |
|---|---|
| Middle | Clear Creek |
| High | Gresham |
Additional Information
| Date Listed | August 3rd, 2026 |
|---|---|
| Days on Market | 48 |
| Short Sale | No |
| RE / Bank Owned | No |
Listing Details
| Office | Premiere Property Group, LLC |
|---|
