$699,900

Estimated payment $4,623/month

Total Views 39
3 Beds
4 Baths
2,530 Sq Ft
$277 Price per Sq Ft

Highlights

  • View of Trees or Woods
  • Level Lot
  • Heating System Uses Gas
  • Cleveland High School Rated A-
  • Lap Siding
  • 4-minute walk to Colonel Summers Park

About This Home

Unlock a classic Buckman investment opportunity with this fourplex at 1705 SE Morrison St, set on an elevated corner lot in one of inner SE Portland’s most sought after close in neighborhoods. Originally built in 1890, this character property offers four units under one roof; three are one bedroom, one bathroom units, and the fourth is a studio with one bathroom, creating a versatile mix for steady tenancy and broad renter appeal. It is a strong option for an investor seeking stable income, an owner occupant pursuing a house hacking setup, or a long term hold in a high demand rental area. The corner orientation brings in great natural light and provides outlooks over mature trees and neighboring vintage homes, while the raised site adds privacy and presence above the street. Wide concrete steps lead up from the sidewalk to the main entry, and a full basement with exterior access offers additional storage for bikes, seasonal items, or building supplies. Property is served by gas heat (buyer to verify), and there is one off street parking space at the back of the property for added tenant convenience. Tenants will appreciate being close to local favorites along SE Morrison and nearby streets, including Flattop and Salamander for coffee, pastries, and brunch, and Star Bar for food, drinks, and a classic Portland dive bar vibe. For green space, Colonel Summers Park is only a short stroll away, with lawns, courts, picnic areas, and community energy that enhance daily life. Street parking on both blocks, nearby transit, and major bike routes round out the appeal. With its historic presence, multifamily configuration, practical amenities, and prime inner eastside location, this Buckman fourplex is well positioned to attract and retain renters while offering solid long term upside for the next owner.

Listing Agent

Darryl Bodle

Keller Williams Realty Portland Premiere Brokerage Phone: 503-709-4632 License #199910100 Listed on: 12/01/2025

Keller Williams Realty Portland Premiere

Co-Listing Agent

Kelly Christian

Keller Williams Realty Portland Premiere Brokerage Phone: 503-709-4632 License #201231606

Property Details

Home Type

  • Multi-Family

Est. Annual Taxes

  • $11,252

Year Built

  • Built in 1890

Lot Details

  • 4,791 Sq Ft Lot
  • Lot Dimensions are 50x100
  • Level Lot

Home Design

  • Block Foundation
  • Composition Roof
  • Lap Siding

Interior Spaces

  • 2,530 Sq Ft Home
  • 2-Story Property
  • Views of Woods

Bedrooms and Bathrooms

  • 3 Bedrooms
  • 4 Bathrooms

Partially Finished Basement

  • Exterior Basement Entry
  • Basement Storage

Parking

  • On-Street Parking
  • Off-Street Parking

Schools

  • Buckman Elementary School
  • Hosford Middle School
  • Cleveland High School

Utilities

  • No Cooling
  • Heating System Uses Gas
  • Heating System Mounted To A Wall or Window

Listing and Financial Details

  • Assessor Parcel Number R114338

Community Details

Overview

  • 4 Units
  • Buckman Subdivision

Building Details

  • Gross Income $56,784

Property Details

Home Type

Multi-Family

Est. Annual Taxes

$11,252

Year Built

Built in 1890

Lot Details

0

Listing Details

  • Standard Status: Active
  • MLS Status: Active
  • Property Type: MultiFamily
  • Stories: 2
  • Year Built: 1890
  • Property Condition: Existing
  • Property Attached Yn: No
  • Current Price For Status: 699900.0
  • Open House: No
  • Special Features: VirtualTour
  • Property Sub Type: MultiFamily

Interior Features

  • Basement: ExteriorEntry, PartiallyFinished, StorageSpace
  • Storage: Basement
  • Total Bedrooms: 3
  • Lot Size Range: SqFt3000to4999

Exterior Features

  • Exterior Description: LapSiding
  • Lot Size: 3,000 to 4,999 SqFt
  • Foundation Details: Block
  • View: Yes
  • Lot Features: Level
  • Road Surface Type: Paved
  • Disclosures: Disclosure
  • Roof: Composition
  • View: TreesWoods

Garage/Parking

  • Parking Description: OffStreet, OnStreet
  • Attached Garage: No

Utilities

  • Fuel Description: Gas
  • Hot Water: Electricity,Tank
  • Cooling: None
  • Cooling Y N: No
  • Heating: WallHeater
  • Heating Yn: No
  • Sewer: PublicSewer
  • Water Source: PublicWater

Schools

  • Elementary School: Buckman
  • High School: Cleveland
  • Middle Or Junior School: Hosford

Lot Info

  • Zoning: R2.5
  • Lot Size Acres: 0.11
  • Lot Size: 50x100
  • Lot Size Sq Ft: 4791.0
  • Parcel #: R114338

Green Features

  • Green Certification: No

Rental Info

  • Rent Includes: None

Tax Info

  • Tax Deferral: No
  • Tax Year: 2025
  • Tax Annual Amount: 11252.2

Multi Family

  • Unit Type: UnitTypeType1, UnitTypeType2, UnitTypeType3, UnitTypeType4
  • Number Of Units Total: 4
  • Gross Rent Multiplier: 12.33
  • Annual Gross Income: 56784.0

Map

Range of Values:

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Value Increase
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Percent Increase
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Adjusted for Inflation
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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
2025 $11,252 $417,600 -- --
2024 -- -- -- --
2023 $0 $0 $0 $0
2022 $0 $0 $0 $0
2021 $0 $0 $0 $0
2020 $0 $0 $0 $0
2019 $0 $0 $0 $0
2018 $0 $0 $0 $0
2017 $0 $0 $0 $0
2016 -- $0 $0 $0
2015 -- $0 $0 $0
2014 -- $0 $0 $0
Source: Public Records

Property History

Date Event Price List to Sale Price per Sq Ft Prior Sale
12/01/2025 12/01/25 For Sale $699,900 +79.5% $277 / Sq Ft
06/13/2025 06/13/25 Sold $390,000 0.0% $156 / Sq Ft View Prior Sale
06/13/2025 06/13/25 Pending -- -- --
06/13/2025 06/13/25 For Sale $390,000 -- $156 / Sq Ft
Source: Regional Multiple Listing Service (RMLS)

Purchase History

Date Type Sale Price Title Company
Warranty Deed $390,000 Fidelity National Title
Warranty Deed $389,759 Ticor Title
Deed $215,204 --
Source: Public Records

Source: Regional Multiple Listing Service (RMLS)

MLS Number: 214820890

Regional Multiple Listing Service (RMLS)

APN: R114338