$514,995
$84K PRICE DROP

10238 NE Morris Ct Unit 10240 Portland, OR 97220

Parkrose Heights Neighborhood

Estimated payment $3,165/month

Total Views 21,129
4 Beds
2 Baths
1,750 Sq Ft
$294 Price per Sq Ft

Highlights

  • Zoned Heating
  • High Speed Internet
  • Lap Siding
  • Garage
  • Gentle Sloping Lot
  • 1-Story Property

About This Home

Welcome to this meticulously maintained classic 1967 duplex nestled in the charming Parkrose area. This one-level gem exudes timeless mid-century charm and boasts a perfect blend of classic features and modern conveniences. Each unit is thoughtfully designed, offering two bedrooms and one bath, providing comfortable living spaces that stand the test of time.As you step into these well-preserved units, you'll be greeted by the warmth of a classic fireplace, creating a cozy ambiance that invites relaxation on chilly evenings. The mid-century features, carefully preserved over the years, add character and a touch of nostalgia to the interior.Enjoy the outdoors in style with your own private patio and backyard, offering a serene retreat for outdoor gatherings, morning coffee, or a peaceful evening under the stars. The well-manicured landscaping enhances the curb appeal and adds to the overall inviting atmosphere of the property.For convenience and security, each unit comes equipped with a single-car garage, providing parking or additional storage space. The off-street parking and RV parking options ensure that you and your guests will always have plenty of space.This duplex is not just a home; it's a strategic investment. With great access to transit and freeways, commuting becomes a breeze. Explore the vibrant local community or venture into the city with ease, knowing that you have convenient transportation options at your fingertips.For those with a vision for expansion, the property offers the potential to build more units. However, interested buyers should verify the feasibility of such plans, ensuring that any future development aligns with their goals and meets local regulations.In summary, this classic 1967 duplex in the Parkrose area is a rare find, combining the best of vintage charm with modern functionality. Whether you're looking for a comfortable home with investment potential or a property with expansion possibilities,this property is very versatile.

Listing Agent

Kevin Smallbeck

RE/MAX Equity Group License #981000145 Listed on: 11/09/2023

RE/MAX Equity Group

Co-Listing Agent

Michael Shelangoski

RE/MAX Equity Group License #201214581

Property Details

Home Type

  • Multi-Family

Est. Annual Taxes

  • $5,046

Year Built

  • Built in 1967

Lot Details

  • Gentle Sloping Lot

Parking

  • Garage

Home Design

  • Lap Siding

Interior Spaces

  • 1,750 Sq Ft Home
  • 1-Story Property
  • Crawl Space

Bedrooms and Bathrooms

  • 4 Bedrooms
  • 2 Bathrooms

Schools

  • Sacramento Elementary School
  • Parkrose Middle School
  • Parkrose High School

Utilities

  • No Cooling
  • Zoned Heating
  • Electric Water Heater
  • High Speed Internet

Listing and Financial Details

  • Assessor Parcel Number R318799

Community Details

Overview

  • 2 Units
  • Parkrose Heights Subdivision

Building Details

  • Operating Expense $8,736
  • Gross Income $36,900
  • Net Operating Income $36,900

Property Details

Home Type

Multi-Family

Est. Annual Taxes

$5,046

Year Built

Built in 1967

Lot Details

0

Listing Details

  • Standard Status: Active
  • MLS Status: Active
  • Property Type: MultiFamily
  • Stories: 1
  • Year Built: 1967
  • Property Condition: Existing
  • Property Attached Yn: No
  • Open House: No
  • Special Features: None
  • Property Sub Type: MultiFamily

Interior Features

  • Basement: CrawlSpace
  • Storage: Garage
  • Total Bedrooms: 4
  • Lot Size Range: SqFt7000to9999

Exterior Features

  • Exterior Description: LapSiding
  • Lot Size: 7,000 to 9,999 SqFt
  • View: No
  • Lot Features: GentleSloping
  • Road Surface Type: Paved

Garage/Parking

  • Parking Description: Garage, Paved
  • Attached Garage: No

Utilities

  • Fuel Description: Electricity
  • Hot Water: Electricity
  • Internet Service Type: Cable
  • Cooling Y N: No
  • Heating: Zoned
  • Heating Yn: Yes
  • Sewer: PublicSewer
  • Water Source: PublicWater

Schools

  • Elementary School: Sacramento
  • High School: Parkrose
  • Middle Or Junior School: Parkrose

Lot Info

  • Zoning: R2
  • Parcel #: R318799

Green Features

  • Green Certification: No

Rental Info

  • Rent Includes: Heat

Tax Info

  • Tax Deferral: No
  • Tax Year: 2023
  • Tax Annual Amount: 5046.27

Multi Family

  • Unit Type: UnitTypeType1, UnitTypeType2
  • Number Of Units Total: 2
  • Gross Rent Multiplier: 13.96
  • Annual Gross Income: 36900.0
  • Property Net Operating Income: 36900.0
  • Annual Operating Expense: 8736.0

Map

Range of Values:

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Average Value
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Home Values in the Area

Source: Public Records

Average Home Value in this Area





Source: Public Records

Tax History

Year Tax Paid Tax Assessment Tax Assessment Total Assessment is a certain percentage of the fair market value that is determined by local assessors to be the total taxable value of land and additions on the property. Land Improvement
2024 $5,262 $232,720 -- --
2023 $5,046 $225,950 $0 $0
2022 $4,947 $219,370 $0 $0
2021 $4,864 $212,990 $0 $0
2020 $4,516 $206,790 $0 $0
2019 $4,274 $200,770 $0 $0
2018 $4,128 $194,930 $0 $0
2017 $3,979 $189,260 $0 $0
2016 $3,710 $183,750 $0 $0
2015 $3,394 $178,400 $0 $0
2014 $3,293 $173,210 $0 $0
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
05/19/2025 05/19/25 Price Changed $514,995 -1.9% $294 / Sq Ft
03/10/2025 03/10/25 Price Changed $524,995 -4.5% $300 / Sq Ft
01/20/2025 01/20/25 Price Changed $549,925 0.0% $314 / Sq Ft
11/22/2024 11/22/24 Price Changed $549,900 0.0% $314 / Sq Ft
07/10/2024 07/10/24 Price Changed $549,995 0.0% $314 / Sq Ft
02/25/2024 02/25/24 Price Changed $549,900 -8.2% $314 / Sq Ft
11/10/2023 11/10/23 For Sale $599,000 -- $342 / Sq Ft
Source: Regional Multiple Listing Service (RMLS)

Source: Regional Multiple Listing Service (RMLS)

MLS Number: 23133185

Regional Multiple Listing Service (RMLS)

APN: R318799