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$499,990
New Listing

21123 SE MORRISON ST
Gresham, OR 97030

For Sale|Multi Family|Active
4
Beds
4
Total Baths
1,972
SqFt
$254
/SqFt
1975
Built
County:
Multnomah
Listing courtesy of Thomas Cardelli of Premiere Property Group, LLC (503) 519-3702

Due to the health concerns created by Coronavirus we are offering personal 1-1 online video walkthough tours where possible.

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503-334-1515
21123 SE MORRISON ST21123 SE MORRISON ST21123 SE MORRISON ST21123 SE MORRISON ST
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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.

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Listing Snapshot
Price 
$499,990
Days On Site 
0 Days
Bedrooms 
4
Inside Area (SqFt) 
1,972 sqft
Total Baths 
4
Full Baths 
N/A
Partial Baths 
N/A
Lot Size 
N/A
Year Built 
1975
MLS® Number 
131990721
Status 
Active
Property Tax 
$5,495.22
HOA/Condo/Coop Fees 
N/A
Sq Ft Source 
N/A
Friends & Family
Recent Activity
7 hours agoListing updated with changes from the MLS®
7 hours agoListing first seen on site
General Features
Disclosures 
Disclosure
Foundation 
Concrete PerimeterSlab
Garage 
Yes
Garage Spaces 
1
Parking 
GarageOn Street
Parking Spaces 
2
Property Sub Type 
Multi Family
Sewer 
Public Sewer
SqFt Total 
1972
Water Source 
Public
Zoning 
R15
Interior Features
Basement 
Full
Heating 
Baseboard
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Exterior Features
Lot Features 
Corner LotLevelWooded
Roof 
Composition
Community Features
Financing Terms Available 
CashConventionalFHAVA Loan
MLS Area 
_144
Roads 
Paved
Schools
School District
Unknown
Elementary School
North Gresham
Middle School
Clear Creek
High School
Gresham
Listing courtesy of Thomas Cardelli of Premiere Property Group, LLC (503) 519-3702



The content relating to real estate for sale on this website comes in part from the IDX program of the RMLS™ of Portland, Oregon. Real estate listings held by brokerage firms other than Premiere Property Group, LLC are marked with the RMLS™ logo, and detailed information about these properties includes the names of the listing brokers. Listing content is Copyright © 2026 RMLS™, Portland, Oregon. Some properties which appear for sale on this website may subsequently have sold or may no longer be available.

Last checked 2026-08-03 01:44 PM PDT.

All information provided is deemed reliable but is not guaranteed and should be independently verified

Neighborhood & Commute
Source: Walkscore
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