Rare Permitted Short-Term Rental in Portland! Seize the opportunity to own one of Portland’s most exclusive properties! This duplex is one of only approx. 50 properties in the city legally permitted for short-term rentals exceeding 90 days, offering unparalleled flexibility and peace of mind. With potential regulatory changes on the horizon, as indicated by the Portland City Council, securing a compliant property now ensures you’re ahead of the curve in this evolving market. The duplex is perfectly suited for individuals who value flexibility and lifestyle—whether you’re a frequent traveler, a bi-coastal resident, or someone looking for a turnkey rental in a thriving urban market. This property is a gateway to enjoying Portland’s vibrant culture, food scene, and proximity to nature while benefiting from a fully permitted short-term rental option. Unique Opportunity for a Seamless Transition: The current owner is a seasoned short-term rental operator and is willing to continue managing the property for the new owner on a passive basis. This arrangement ensures a smooth transition and allows you to enjoy the benefits of short-term rental ownership without having to handle day-to-day operations. This is more than just a property—it’s an opportunity to own a legally compliant and highly sought-after asset in one of the Pacific Northwest’s most dynamic cities.
Active
$799,000
2036 SE Morrison St, Portland, OR 97214
5beds
2,159sqft
Est.:
Residential, Single Family Residence
Built in 1909
-- sqft lot
$-- Zestimate®
$370/sqft
$-- HOA
What's special
- 112 days
- on Zillow |
- 650 |
- 21 |
Zillow last checked: 7 hours ago
Listing updated: February 25, 2025 at 07:58am
Listed by:
Jacob Serrill 503-780-7521,
Kelly Right Real Estate of Portland, LLC
Source: RMLS (OR),MLS#: 181060479

Travel times
Tour with a buyer’s agent
Tour with a buyer’s agent
Facts & features
Interior
Bedrooms & bathrooms
- Bedrooms: 5
- Bathrooms: 2
- Full bathrooms: 2
- Main level bathrooms: 1
Rooms
- Room types: Bedroom 2, Bedroom 3, Dining Room, Family Room, Kitchen, Living Room, Primary Bedroom
Primary bedroom
- Level: Main
Heating
- Forced Air, Wall Furnace
Cooling
- Window Unit(s)
Appliances
- Included: Free-Standing Range, Free-Standing Refrigerator, Washer/Dryer, Gas Water Heater
- Laundry: Laundry Room
Features
- Floor 3rd, High Ceilings
- Flooring: Concrete, Hardwood, Wall to Wall Carpet, Wood
- Windows: Double Pane Windows, Vinyl Frames
- Basement: Daylight,Finished
Interior area
- Total structure area: 2,159
- Total interior livable area: 2,159 sqft
Property
Parking
- Parking features: On Street
- Has uncovered spaces: Yes
Features
- Levels: Two
- Stories: 2
- Patio & porch: Patio, Porch
Lot
- Features: Level, On Busline, SqFt 0K to 2999
Details
- Additional structures: GuestQuarters, SecondResidence, SeparateLivingQuartersApartmentAuxLivingUnit
- Parcel number: R287817
- Zoning: CM2
Construction
Type & style
- Home type: SingleFamily
- Architectural style: Bungalow
- Property subtype: Residential, Single Family Residence
Materials
- Wood Siding
- Roof: Composition
Condition
- Updated/Remodeled
- New construction: No
- Year built: 1909
Utilities & green energy
- Gas: Gas
- Sewer: Public Sewer
- Water: Public
Community & HOA
HOA
- Has HOA: No
Location
- Region: Portland
Financial & listing details
- Price per square foot: $370/sqft
- Annual tax amount: $6,739
- Date on market: 1/13/2025
- Listing terms: Cash,Conventional,FHA
- Road surface type: Paved
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