Residential in Portland

$1,250,000

522 MORRIS, 97212, Portland, OR

Residential for sale in Portland, 522 MORRIS, 97212, 3362 m²

522 MORRIS, 97212, Portland, OR

$1,250,000

6Bed
4Bath
3362
Type: Residential

Description

Extensively remodeled down to the studs in 2018, this fully reconfigured residence offers a rare opportunity for owner occupants and investors alike. Configured for income generation, the property has consistently produced $10k + per month, with the lower level generating short term rental income and the upper level previously rented long term. Furniture is included, offering a true turnkey opportunity. The home is currently operating with a short term rental license and is professionally managed through StaySavvy, with multiple flexible strategies available including continued short term rental, dual mid term rentals that do not require a license, or owner occupancy with supplemental income.The lower level features a separate entrance, two bedrooms, full bath, living area, and kitchen, ideal for rental or multigenerational living. The main and upper levels offer a spacious layout with hardwood floors, a remodeled kitchen with quartz and stainless appliances, and a reconfigured upper level with three bedrooms and an updated Jack and Jill bath. All major systems were replaced in 2018 including foundation, plumbing, electrical, HVAC with central air, and a tankless water heater. Exterior improvements include fiber cement siding, vinyl windows, and a composition roof. The property also offers a long driveway, additional parking, and a detached garage converted to storage or workshop. ADU potential provides additional upside for future income or expansion.

Location

522 MORRIS, 97212, Portland, OR

Data

Object TypeResidential
Purchase Price$1,250,000
Living Space3362 m²
Plot Size566.52 m²
Bathrooms4
Construction Year1902
ConditionNot specified
RoomsN/A

Energy Information

Heating TypeForced Air
Primary Energy SourceN/A
Construction Year1902
Energy CertificateN/A
Final Energy DemandN/A
Certificate Valid UntilN/A
Energy Efficiency ClassN/A

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