1534 Se MORRISON St, Portland, OR 97214

$1,200,000 Asking Price

5 beds
2 baths
2,160  sqft
Built in 1875

Exceptional Dual-Home Property Perfect for Multigenerational Living or Investment! Sale includes both 1528 and 1534 SE Morrison St. Discover this unique opportunity to own a versatile property featuring two spacious homes on separate tax lots but right next door to each other. Designed to accommodate a wide range of living arrangements or investment ventures. Ideal for multigenerational families, group homes, boarding houses, or adult foster care, this property combines comfort, practicality, and incredible potential.Home 1: Offering 5 bedrooms and 2 bathrooms, this residence provides a large living room, kitchen and 3 bedrooms on the main floor. The basement has a separate entrance with plenty of storage space, 2 additional bedrooms and a full bathroom. Home 2: This expansive 8-bedroom, 4-bathroom home is perfectly suited for larger groups or additional rental income. The spacious rooms and multiple bathrooms ensure privacy and convenience for all residents. Large kitchen with 2 stoves, 2 refrigerators and amble cabinet space.Both homes have been very well maintained and have historically been used as group homes and adult foster homes. Whether you’re looking to shared family environment or seeking an excellent investment property, this dual-home setup provides endless possibilities. Don't miss out on this rare and valuable find! [Home Energy Score = 4. HES Report at https://rpt.greenbuildingregistry.com/hes/OR10233616]

Features & Amenities

Interior

General:
High ceilings, High speed internet, Laminate flooring, Laundry, Sprinkler, Wallto wall carpet
Appliances:
Solid surface countertop
Basement:
Exterior entry, Finished, Full basement
A/C:
None
Heating:
Forced air
Fireplace:
Fireplaces: 0
Eco/Green Feature:
Double pane windows, Forced air 90, Insulationand ceiling insulation

Exterior

General:
Vinyl siding, Wood siding, Patio, Porch, Security lights, Sprinkler, Yard
Style:
Stories 2, Farmhouse
Parking:
Driveway, On street, Parking spaces: 0

Construction

Roofing:
Composition
Windows:
AluminumFrames,DoublePaneWindows
General:
Concrete perimeter

Location

Road/Access:
Paved
Originating MLS:
Regional Multiple Listing Service, Inc.
County:
Multnomah

Lot

Zoning:
R2.5, EAST PORTLAND, BLOCK 325, E 50' OF N 20' OF LOT 7, E 50' OF LOT 8, R150667
View:
View

Utilities

Water:
Public Water
Sewer:
Public Sewer

Financial

Source:
Regional Multiple Listing Service, Inc.

This listing courtesy of:
RE/MAX Equity Group, Jennifer Snodgrass

About Portland, OR

Housing

Number of Units
428,822
Median Home Value
$473,531
Median Rent
$1,251

43.72% of housing units are renter occupied.

5.89% are vacant.

Commute

Car
46.63%
Public Transportation
6.64%
Walk to Work
3.11%
Work from Home
40.47%
Other
0.60%

The median travel time to work is 17 minutes.

People

Population
933,432
Median Age
38.50
Median Household Size
2.55

Education

High School
15.24%
Associate’s Degree
6.78%
Bachelor’s Degree
30.17%
Graduate Degree
20.64%

Disclaimer: Community and Demographic information uses data from the U.S. Census Bureau but is not endorsed or certified by the Census Bureau.

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