2036 SE MORRISON ST new Save Request In-Person Tour Request Virtual Tour
Portland,OR 97214
Key Details
Property Type Single Family Home
Sub Type Single Family Residence
Listing Status Active
Purchase Type For Sale
Square Footage 2,159 sqft
Price per Sqft $370
MLS Listing ID 181060479
Style Stories2, Bungalow
Bedrooms 5
Full Baths 2
Year Built 1909
Annual Tax Amount $6,739
Tax Year 2024
Property Description
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.
Location
State OR
County Multnomah
Area _143
Zoning CM2
Rooms
Basement Daylight, Finished
Interior
Interior Features Floor3rd, Concrete Floor, Hardwood Floors, High Ceilings, Laundry, Separate Living Quarters Apartment Aux Living Unit, Wallto Wall Carpet, Washer Dryer, Wood Floors
Heating Forced Air, Wall Furnace
Cooling Window Unit
Appliance Free Standing Range, Free Standing Refrigerator
Exterior
Exterior Feature Accessory Dwelling Unit, Guest Quarters, Patio, Porch, Second Residence
Roof Type Composition
Garage No
Building
Lot Description Level, On Busline
Story 2
Sewer Public Sewer
Water Public Water
Level or Stories 2
Schools
Elementary Schools Buckman
Middle Schools Hosford
High Schools Cleveland
Others
Senior Community No
Acceptable Financing Cash,Conventional,FHA
Listing Terms Cash,Conventional,FHA