5135 SE Morrison St, Portland, OR 97215
Local realty services provided by:Better Homes and Gardens Real Estate Equinox
5135 SE Morrison St,Portland, OR 97215
$1,249,900
- - Beds
- - Baths
- 2,904 sq. ft.
- Multi-family
- Active
Listed by: darryl bodle, jake carskadon
Office: keller williams realty portland premiere503-597-2444
MLS#:472671851
Source:PORTLAND
Price summary
- Price:$1,249,900
- Price per sq. ft.:$430.41
About this home
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....
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Home facts
- Year built:2026
- Subdivision & Development:MT TABOR
- Listing ID #:472671851
- Added:48 day(s) ago
- Updated:September 28, 2026 at 05:24 PM
Rooms and interior
- Basement Description:Crawl Space
- Living area:2,904 sq. ft.
Heating and cooling
- Cooling:Heat Pump
- Heating:Heat Pump, Mini Split
Structure and exterior
- Roof:Composition
- Year built:2026
- Building area:2,904 sq. ft.
- Lot area:0.07 Acres
- Foundation Description:Concrete Perimeter, Stem Wall
- Levels:2 Stories
Schools
- High school:Franklin
- Middle school:Mt Tabor
- Elementary school:Glencoe
Utilities
- Water:Public Water
- Sewer:Public Sewer
Finances and disclosures
- Price:$1,249,900
- Price per sq. ft.:$430.41
Parking
- Parking description:On street
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