5135 SE Morrison St

Portland, OR 97215
  • $1,249,900

    Price
  • 6

    Bed
  • 9

    Bath
  • 2,904

    SqFt

About the Listing KWPP01 - BODLEDAR,CHRISTKV

Add three brand new residences to your portfolio with this thoughtfully planned Mt. Tabor triplex. The property includes three separately addressed 2 bedroom, 2½ bathroom homes totaling 2,904 sq ft, offering the consistency of new construction in an established Southeast Portland neighborhood. Each residence spans two levels and has its own private entrance and covered porch, giving renters the privacy and separation of a townhome style layout. Open main floors bring together the living and dining areas with an island kitchen, while a half bathroom adds convenience for everyday use. Upstairs, two bedrooms are paired with two full bathrooms, creating a versatile layout that works well for a range of rental arrangements. The 952 sq ft corner residence has a side entrance and additional window exposure, while the other two residences each offer 976 sq ft with matching floor plans. Consistent layouts and finishes across the property can make leasing, maintenance and future turnovers more efficient, while three individual addresses help each residence maintain its own identity. Contemporary architecture, abundant windows and well utilized interiors further strengthen the property's rental appeal. For a long term owner, brand new construction provides the opportunity to establish tenancy from the outset without taking on the immediate repairs, aging systems and renovation planning often associated with older multifamily properties. Glencoe Elementary is directly adjacent, and the property is also near Mt. Tabor Park, New Seasons Market and the many restaurants, shops and services found along Hawthorne, Belmont and Division. Tabor Bread, The Sapphire Hotel, Apizza Scholls and the Bagdad Theater are among the nearby destinations. With three cohesive residences, practical floor plans and a desirable Mt. Tabor location, this is a well positioned buy and hold asset built for lasting rental appeal.

Listing Highlights

Status Active
Days on Site 22
Property Type Multi-Family
MLS ® 472671851
Year Built 2026
Total Square Footage 2,904
Lot/Acreage 0.07
County Multnomah
Neighborhood Mt Tabor
Elementary School Glencoe
Middle School Mt Tabor
High School Franklin

Interior Details

  • Bedrooms: 6
  • Bathrooms: 9 Full
  • Appliances:
  • Air Cond: Heat Pump,MiniSplit
  • Heating: Heat Pump,Mini Split
  • Fireplaces:
  • Floor:
  • Above Ground Sq Ft:
  • Below Ground Sq Ft: n/a
  • Basement: Crawl Space
  • Other:
  • Water: Public Water

Exterior Details

  • Garage Capacity: N/A
  • Zoning: R2.5
  • Roof: Composition
  • Others: New Construction
  • Sewer: Public Sewer
  • Parking Features: On Street

Financial Details

  • Tax Amount: N/A
  • Taxes w/Assessments: N/A
  • Tax/Property ID: R233579
  • Tax Year: N/A

Payment Calculator

Monthly Payment

  • in Principal and Interest
  • in Taxes
Years
% Down Payment
% Mortgage Rate

Questions About..

5135 SE Morrison St Portland, OR 97215

This site is protected by reCAPTCHA and the Google Privacy Policy and Terms of Service apply.

Never Miss A New Property

Get notified any time there's a new home on the market in this neighborhood!

Don't worry! We'll never spam you or sell your details. You can unsubscribe whenever you'd like.

Originating MLS: Regional Multiple Listing Service, Inc.

Agent profile image in chat bubble
Agent profile image in chat header

KWES Leader

| Keller Williams Eugene Springfield

Agent profile image in message

or another way