2036 SE Morrison St
Portland, OR 97214
- 5 beds
- 2 baths
- 2,159 sqft
- $370 per sqft
- 1909 build
- – on site
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.
Last checked:
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Last updated Jan 14, 2025
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MLS# 181060479 —
The Building
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Year Built:1909
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New Construction:false
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Architectural Style:Stories2, Bungalow
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Roof:Composition
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Stories:2
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Basement:Daylight,Finished
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Exterior Description:WoodSiding
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Exterior Features:AccessoryDwellingUnit, GuestQuarters, Patio, Porch, SecondResidence
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Window Features:DoublePaneWindows, VinylFrames
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Floor Number:2
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Building Area Description:Seller
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Building Area Total:2159.0
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Building Area Calculated:1275
Interior
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Interior Features:Floor3rd, ConcreteFloor, HardwoodFloors, HighCeilings, Laundry, SeparateLivingQuartersApartmentAuxLivingUnit, WalltoWallCarpet, WasherDryer, WoodFloors
Room Dimensions
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Main Level Area Total:963
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Upper Level Area Total:312
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Lower Level Area Total:884
Financial & Terms
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Bank Owned:false
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Land Lease:false
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Short Sale:false
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Home Warranty:false
Location
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Directions:North of Belmont St/East of 20th Ave
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Latitude:45.516845
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Longitude:-122.64473
The Property
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Parcel Number:R287817
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Property Type:Residential
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Property Subtype:SingleFamilyResidence
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Property Condition:UpdatedRemodeled
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Lot Features:Level, OnBusline
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Lot Size Range:SqFt0Kto2999
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Zoning:CM2
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View:false
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Property Attached:false
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Road Surface Type:Paved
Listing Agent
- Contact info:
- Agent phone:
- (503) 780-7521
- Office phone:
- (503) 719-6056
Taxes
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Tax Year:2024
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Tax Legal Description:TILTONS ADD, BLOCK 3, LOT 15&16 TL 5100
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Tax Annual Amount:6739.69
Beds
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Bedrooms Total:5
Baths
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Total Baths:2
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Full Baths:2
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Total Baths:2.0
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Total Baths Main Level:1.0
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Total Baths Lower Level:1.0
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Full Baths Main Level:1
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Full Baths Lower Level:1
Heating & Cooling
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Heating:ForcedAir, WallFurnace
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Heating:true
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Cooling:WindowUnit
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Cooling:true
Utilities
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Sewer:PublicSewer
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Hot Water Description:Gas
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Water Source:PublicWater
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Fuel Description:Electricity, Gas
Appliances
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Appliances:FreeStandingRange, FreeStandingRefrigerator
Schools
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Elementary School:Buckman
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Middle Or Junior School:Hosford
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High School:Cleveland
The Community
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Senior Community:false
Parking
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Attached Garage:false
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Parking Features:OnStreet
Monthly cost estimate
Asking price
$799,000
| Expense | Monthly cost |
|---|---|
|
Mortgage
This calculator is intended for planning and education purposes only. It relies on assumptions and information provided by you regarding your goals, expectations and financial situation, and should not be used as your sole source of information. The output of the tool is not a loan offer or solicitation, nor is it financial or legal advice. |
$4,278
|
| Taxes | $561 |
| Insurance | $219 |
| Utilities | $199 See report |
| Total | $5,257/mo.* |
| *This is an estimate |
Walk Score®
Provided by WalkScore® Inc.
Walk Score is the most well-known measure of walkability for any address. It is based on the distance to a variety of nearby services and pedestrian friendliness. Walk Scores range from 0 (Car-Dependent) to 100 (Walker’s Paradise).
Bike Score®
Provided by WalkScore® Inc.
Bike Score evaluates a location's bikeability. It is calculated by measuring bike infrastructure, hills, destinations and road connectivity, and the number of bike commuters. Bike Scores range from 0 (Somewhat Bikeable) to 100 (Biker’s Paradise).
Transit Score®
Provided by WalkScore® Inc.
Transit Score measures a location's access to public transit. It is based on nearby transit routes frequency, type of route (bus, rail, etc.), and distance to the nearest stop on the route. Transit Scores range from 0 (Minimal Transit) to 100 (Rider’s Paradise).
Soundscore™
Provided by HowLoud
Soundscore is an overall score that accounts for traffic, airport activity, and local sources. A Soundscore rating is a number between 50 (very loud) and 100 (very quiet).
Air Pollution Index
Provided by ClearlyEnergy
The air pollution index is calculated by county or urban area using the past three years data. The index ranks the county or urban area on a scale of 0 (best) - 100 (worst) across the United Sates.
Sale history
| Date | Event | Source | Price | % Change |
|---|---|---|---|---|
|
1/13/25
Jan 13, 2025
|
Listed / Active | RMLS | $799,000 | 37.8% (5.2% / YR) |
|
9/21/17
Sep 21, 2017
|
Sold | Public Record | $580,000 |
