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5 Beds
2 Baths
2,159 SqFt
Active
Rare Permitted Short-Term Rental in Portland! Seize the opportunity to own one of Portland’s most exclusive properties! This duplex is one of only approx. 50 properties in the city legally permitted for short-term rentals exceeding 90 days, offering unparalleled flexibility and peace of mind. With potential regulatory changes on the horizon, as indicated by the Portland City Council, securing a compliant property now ensures you’re ahead of the curve in this evolving market. The duplex is perfectly suited for individuals who value flexibility and lifestyle—whether you’re a frequent traveler, a bi-coastal resident, or someone looking for a turnkey rental in a thriving urban market. This property is a gateway to enjoying Portland’s vibrant culture, food scene, and proximity to nature while benefiting from a fully permitted short-term rental option. Unique Opportunity for a Seamless Transition: The current owner is a seasoned short-term rental operator and is willing to continue managing the property for the new owner on a passive basis. This arrangement ensures a smooth transition and allows you to enjoy the benefits of short-term rental ownership without having to handle day-to-day operations. This is more than just a property—it’s an opportunity to own a legally compliant and highly sought-after asset in one of the Pacific Northwest’s most dynamic cities.
Property Details | ||
---|---|---|
Price | $799,000 | |
Bedrooms | 5 | |
Full Baths | 2 | |
Total Baths | 2 | |
Property Style | Stories2,Bungalow | |
Stories | 2 | |
Features | Floor3rd,ConcreteFloor,HardwoodFloors,HighCeilings,Laundry,SeparateLivingQuartersApartmentAuxLivingUnit,WalltoWallCarpet,WasherDryer,WoodFloors | |
Exterior Features | AccessoryDwellingUnit,GuestQuarters,Patio,Porch,SecondResidence | |
Year Built | 1909 | |
Roof | Composition | |
Heating | ForcedAir,WallFurnace | |
Lot Description | Level,OnBusline | |
Parking Description | OnStreet | |
Geographic Data | ||
Directions | North of Belmont St/East of 20th Ave | |
County | Multnomah | |
Latitude | 45.516845 | |
Longitude | -122.64473 | |
Market Area | _143 | |
Address Information | ||
Address | 2036 SE MORRISON ST | |
Postal Code | 97214 | |
City | Portland | |
State | OR | |
Country | United States | |
Listing Information | ||
Listing Office | Kelly Right Real Estate of Portland, LLC | |
Listing Agent | Jacob Serrill | |
Terms | Cash,Conventional,FHA | |
School Information | ||
Elementary School | Buckman | |
Middle School | Hosford | |
High School | Cleveland | |
MLS® Information | ||
Days on market | 9 | |
MLS® Status | Active | |
Listing Date | Jan 13, 2025 | |
Listing Last Modified | Jan 22, 2025 | |
Tax ID | R287817 | |
Tax Year | 2024 | |
Tax Annual Amount | 6739 | |
MLS® Area | _143 | |
MLS® # | 181060479 |
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This information is believed to be accurate, but without any warranty.