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Sold
  • $1,233,000

    1616 SE Morrison St, Portland, OR 97214

    6beds
    2,747sqft
    Multi Family
    Built in 2025
    -- sqft lot
    $1,227,800 Zestimate®
    $449/sqft
    $3,850 Estimated rent

    Home value

    $1,227,800

    $1.15M - $1.30M

    $3,850/mo

    Zestimate® history
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    What's special

    Exceptional Triplex Investment in Portland’s Vibrant Buckman Neighborhood. Situated in the heart of one of Portland’s most desirable and walkable neighborhoods, this newly built triplex offers an outstanding investment opportunity. Each of the three units features thoughtfully designed, open-concept living spaces with high ceilings and expansive windows that flood the interiors with natural light. The layouts maximize privacy and livability, making the property ideal for both long-term rentals and owner-occupants. Modern, well-appointed kitchens in every unit come equipped with stainless steel appliances, custom cabinetry, solid surface countertops, and stylish tile backsplashes. The spacious bedrooms—many with en-suite bathrooms—enhance tenant appeal, while designer finishes throughout the property bring a level of sophistication not often found in multifamily offerings. Private outdoor areas, including a yard shaded by a beautiful heritage tree, provide tenants with peaceful retreats and elevate the overall living experience. Built by a Street of Dreams award-winning builder, this triplex was designed for quality and longevity, with modern systems and low-maintenance materials to reduce operating costs and simplify property management. Located in the culturally rich Buckman neighborhood, tenants will enjoy proximity to top-rated restaurants, local breweries, coffee shops, parks, and live music venues—ensuring steady demand and strong tenant retention. Whether you're looking to live in one unit and lease the others, or operate a fully income-generating asset, this turn-key property delivers flexibility, location, and long-term value.

    Zillow last checked: 7 hours ago

    Listing updated: December 30, 2025 at 02:59am

    Listed by:

    Darryl Bodle 503-709-4632,

    Keller Williams Realty Portland Premiere,

    Kelly Christian 908-328-1873,

    Keller Williams Realty Portland Premiere

    Bought with:

    Melissa Dorman, 201222278

    Living Room Realty

    Source: RMLS (OR),MLS#: 563171750MLS Logo

    Facts & features

    Interior

    Bedrooms & bathrooms
    • Bedrooms: 6
    • Bathrooms: 9
    • Full bathrooms: 6
    • Partial bathrooms: 3
    Heating
    • Mini Split
    Cooling
    • Air Conditioning
    Appliances
    • Included: Dishwasher, Microwave, Range, Electric Water Heater
    Interior area
    • Total structure area: 2,747
    • Total interior livable area: 2,747 sqft

    Property

    Features
    • Stories: 2
    • Has view: Yes
    • View description: Trees/Woods
    Lot
    • Size: 3,049 sqft
    • Features: Level, SqFt 3000 to 4999
    Details
    • Parcel number: New Construction
    • Zoning: R2.5

    Construction

    Type & style
    • Home type: MultiFamily
    • Property subtype: Multi Family
    Materials
    • Cement Siding
    • Roof: Composition
    Condition
    • New Construction
    • Year built: 2025

    Utilities & green energy

    • Sewer: Public Sewer
    • Water: Public

    Community & neighborhood

    Location
    • Region: Portland
    • Subdivision: Buckman

    HOA & financial

    Other financial information
    • Total actual rent: 8650

    Other

    Other facts
    • Listing terms: Cash,Conventional
    • Road surface type: Paved

    Price history

    DateEventPrice
    12/29/2025Sold$1,233,000-2.1%$449/sqft
    Source: RMLS (OR) #563171750 Report a problem
    11/17/2025Pending sale$1,259,900$459/sqft
    Source: RMLS (OR) #563171750 Report a problem
    9/4/2025Price change$1,259,900-3.1%$459/sqft
    Source: RMLS (OR) #563171750 Report a problem
    8/7/2025Price change$1,299,900-2.3%$473/sqft
    Source: RMLS (OR) #563171750 Report a problem
    5/29/2025Listed for sale$1,329,900$484/sqft
    Source: RMLS (OR) #563171750 Report a problem

    Public tax history

    Tax history is unavailable.

    Neighborhood: Buckman

    Nearby schools

    GreatSchools rating
    Schools provided by the listing agent
    • Elementary: Buckman
    • Middle: Hosford
    • High: Cleveland

    Source: RMLS (OR). This data may not be complete. We recommend contacting the local school district to confirm school assignments for this home.

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    Estimated market value
    $1,227,800
    Get a cash offer in 3 minutes
    Find out how much your home could sell for in as little as 3 minutes with a no-obligation cash offer.
    Estimated market value
    $1,227,800