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.