21121 SE Morrison St, Gresham, OR 97030
Local realty services provided by:ERA Freeman & Associates, Realtors
21121 SE Morrison St,Gresham, OR 97030
$499,990
- - Beds
- - Baths
- 1,972 sq. ft.
- Multi-family
- Active
Listed by: thomas cardelli, steven wong
Office: premiere property group, llc.503-670-9000
MLS#:131990721
Source:PORTLAND
Price summary
- Price:$499,990
- Price per sq. ft.:$253.54
About this home
Turnkey Investment Opportunity – Tenant OccupiedDon’t miss this excellent opportunity to add a well-maintained, income-producing property to your investment portfolio. Located in a convenient Gresham neighborhood, this split-level home is currently tenant occupied with established residents who would like to remain, offering the potential for immediate rental income and a seamless transition for the next owner.The home features 2 comfortable bedrooms and 1.5 bathrooms, providing a functional layout that appeals to a variety of tenants. The split-level design creates separate living spaces, offering flexibility and a sense of privacy while maximizing the home’s square footage. A spacious living area welcomes natural light, creating a warm and inviting atmosphere.Outside, you’ll find a generous backyard with plenty of room for outdoor entertaining, gardening, recreation, or future enhancements, making it an attractive feature for long-term renters. The attached garage provides secure parking and additional storage space, adding everyday convenience and value.Conveniently located near shopping, dining, schools, parks, public transportation, and major commuter routes, this property is well positioned in an area with strong, consistent rental demand. Whether you’re expanding your investment portfolio or purchasing your first rental property, this home offers immediate income potential along with long-term appreciation opportunities. This is an outstanding opportunity to acquire a property with strong investment appeal in a desirable Gresham location.No showings. Once accepted offer received will be contingent on interior inspection. Please do not disturb the tenants....
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Home facts
- Year built:1975
- Listing ID #:131990721
- Added:3 day(s) ago
- Updated:September 26, 2026 at 11:33 AM
Rooms and interior
- Basement Description:Full Basement
- Living area:1,972 sq. ft.
Heating and cooling
- Heating:Baseboard
Structure and exterior
- Roof:Composition
- Year built:1975
- Building area:1,972 sq. ft.
- Lot Features:Corner Lot, Level, Public Road, Trees
- Foundation Description:Concrete Perimeter, Slab
- Levels:2 Stories
Schools
- High school:Gresham
- Middle school:Clear Creek
- Elementary school:North Gresham
Utilities
- Water:Public Water
- Sewer:Public Sewer
Finances and disclosures
- Price:$499,990
- Price per sq. ft.:$253.54
- Tax amount:$5,495 (2025)
Parking
- Total parking spaces:2
- Parking description:Garage, On street
- Garage spaces:1
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