Exceptional Triplex Investment in Portland’s Vibrant Buckman Neighborhood. Situated in the heart of one of Portland’s most desirable and walkable neighborhoods, this newly built triplex offers an outstanding investment opportunity. Each of the three units features thoughtfully designed, open-concept living spaces with high ceilings and expansive windows that flood the interiors with natural light. The layouts maximize privacy and livability, making the property ideal for both long-term rentals and owner-occupants. Modern, well-appointed kitchens in every unit come equipped with stainless steel appliances, custom cabinetry, solid surface countertops, and stylish tile backsplashes. The spacious bedrooms—many with en-suite bathrooms—enhance tenant appeal, while designer finishes throughout the property bring a level of sophistication not often found in multifamily offerings. Private outdoor areas, including a yard shaded by a beautiful heritage tree, provide tenants with peaceful retreats and elevate the overall living experience. Built by a Street of Dreams award-winning builder, this triplex was designed for quality and longevity, with modern systems and low-maintenance materials to reduce operating costs and simplify property management. Located in the culturally rich Buckman neighborhood, tenants will enjoy proximity to top-rated restaurants, local breweries, coffee shops, parks, and live music venues—ensuring steady demand and strong tenant retention. Whether you're looking to live in one unit and lease the others, or operate a fully income-generating asset, this turn-key property delivers flexibility, location, and long-term value.
Active
$1,329,900
1616 SE Morrison St, Portland, OR 97214
6beds
2,747sqft
Est.:
Multi Family
Built in 2025
-- sqft lot
$-- Zestimate®
$484/sqft
$-- HOA
What's special
Open-concept living spacesStylish tile backsplashesDesigner finishesModern well-appointed kitchensHigh ceilingsEn-suite bathroomsExpansive windows
- 66 days
- on Zillow |
- 235 |
- 11 |
Zillow last checked: 7 hours ago
Listing updated: July 27, 2025 at 06:26pm
Listed by:
Darryl Bodle 503-709-4632,
Keller Williams Realty Portland Premiere,
Kelly Christian 908-328-1873,
Keller Williams Realty Portland Premiere
Source: RMLS (OR),MLS#: 563171750

Travel times
Tour with a buyer's agent
Tour with a buyer's agent
Facts & features
Interior
Bedrooms & bathrooms
- Bedrooms: 6
- Bathrooms: 9
- Full bathrooms: 6
- Partial bathrooms: 3
Heating
- Mini Split
Cooling
- Air Conditioning
Appliances
- Included: Dishwasher, Microwave, Range, Electric Water Heater
Interior area
- Total structure area: 2,747
- Total interior livable area: 2,747 sqft
Video & virtual tour
Property
Features
- Stories: 2
- Has view: Yes
- View description: Trees/Woods
Lot
- Size: 3,049.2 Square Feet
- Features: Level, SqFt 3000 to 4999
Details
- Parcel number: New Construction
- Zoning: R2.5
Construction
Type & style
- Home type: MultiFamily
- Property subtype: Multi Family
Materials
- Cement Siding
- Roof: Composition
Condition
- New Construction
- Year built: 2025
Utilities & green energy
- Sewer: Public Sewer
- Water: Public
Community & HOA
Community
- Subdivision: Buckman
Location
- Region: Portland
Financial & listing details
- Price per square foot: $484/sqft
- Date on market: 5/23/2025
- Listing terms: Cash,Conventional
- Total actual rent: 8650
- Road surface type: Paved
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