Charming, updated duplex in SE Portland’s Buckman neighborhood offering rare flexibility and strong income potential. Live in one unit and rent the other, or lease both units for a steady cash-flowing investment. This 5BD/2BA home features a 3BD/1BA main-level unit and a 2BD/1BA daylight basement ADU, each with separate entrances, kitchens, laundry, and electric meters. Perfect for house hacking, long-term rentals, or short-term stays—zoned CM2 and fully permitted for year-round rental use. Recently updated with fresh interior finishes throughout. Both units are well-appointed and thoughtfully laid out for comfortable living. Located just blocks from Belmont, Hawthorne, and central city amenities, this property offers a turnkey setup in one of Portland’s most desirable and walkable neighborhoods.
Active
Price cut: $10K (11/3)
$779,000
2036-2038 SE Morrison St, Portland, OR 97214
5beds
2,315sqft
Est.:
Multi Family
Built in 1909
-- sqft lot
$-- Zestimate®
$337/sqft
$-- HOA
What's special
Separate entrances
- 335 days |
- 622 |
- 38 |
Zillow last checked: 8 hours ago
Listing updated: November 17, 2025 at 04:07am
Listed by:
Jacob Serrill 503-780-7521,
Kelly Right Real Estate of Portland, LLC
Source: RMLS (OR),MLS#: 774931938
Tour with a local agent
Facts & features
Interior
Bedrooms & bathrooms
- Bedrooms: 5
- Bathrooms: 2
- Full bathrooms: 2
Heating
- Forced Air, Wall Furnace
Cooling
- Window Unit(s)
Appliances
- Included: Gas Water Heater
Interior area
- Total structure area: 2,315
- Total interior livable area: 2,315 sqft
Property
Lot
- Features: Level, On Busline, SqFt 0K to 2999
Details
- Parcel number: R287817
- Zoning: CM2
Construction
Type & style
- Home type: MultiFamily
- Property subtype: Multi Family
Materials
- Wood Siding
- Roof: Composition
Condition
- Updated/Remodeled
- Year built: 1909
Utilities & green energy
- Gas: Gas
- Sewer: Public Sewer
- Water: Public
Community & HOA
Location
- Region: Portland
Financial & listing details
- Price per square foot: $337/sqft
- Tax assessed value: $678,420
- Annual tax amount: $6,739
- Date on market: 1/13/2025
- Listing terms: Cash,Conventional,FHA
Estimated market value
Not available
Estimated sales range
Not available
Not available
Price history
Price history
| Date | Event | Price |
|---|---|---|
| 11/3/2025 | Price change | $779,000-1.3%$337/sqft |
Source:  RMLS (OR) #774931938 Report a problem | ||
| 6/18/2025 | Listed for sale | $789,000$341/sqft |
Source: RMLS (OR) #774931938 Report a problem | ||
| 6/10/2025 | Listing removed | $789,000$341/sqft |
Source: RMLS (OR) #774931938 Report a problem | ||
| 5/10/2025 | Listed for sale | $789,000+36%$341/sqft |
Source: RMLS (OR) #774931938 Report a problem | ||
| 9/27/2017 | Sold | $580,000$251/sqft |
Source:  RMLS (OR) #17410608 Report a problem | ||
Public tax history
Public tax history
| Year | Property taxes | Tax assessment |
|---|---|---|
| 2025 | $6,991 +3.7% | $259,450 +3% |
| 2024 | $6,740 +4% | $251,900 +3% |
| 2023 | $6,481 +2.2% | $244,570 +3% |
Find assessor info on the county website
BuyAbility℠ payment
Est. payment
$4,651/mo
Principal & interest
$3761
Property taxes
$617
Home insurance
$273
Climate risks
Neighborhood: Buckman
Nearby schools
GreatSchools rating
- 8/10Buckman Elementary SchoolGrades: K-5Distance: 0.3 mi
- 7/10Hosford Middle SchoolGrades: 6-8Distance: 0.8 mi
- 7/10Cleveland High SchoolGrades: 9-12Distance: 1.3 mi
Schools provided by the listing agent
- Elementary: Buckman
- Middle: Hosford
- High: Cleveland
Source: RMLS (OR). This data may not be complete. We recommend contacting the local school district to confirm school assignments for this home.
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