- ADDRESS:
- 522 NE MORRIS ST Portland, OR 97212
- VIDEOS:
- Print this Listing
- Price:
- $1,275,000
- Beds:
- 6
- Baths:
- 4.0
- Ft²:
- 3362
- Acres:
- 0.14
- MLS#:
- 766846077
- Lot Size:
- 5,000 to 6,999 SqFt
- Type:
- Detachd
- County:
- Multnomah
- Style:
- 3 Stories
- Yr Built:
- 1902
- Status:
- Active
- Levels:
- 3
- Garage:
- Converted, Detached
- Heat:
- Forced Air
- Roof:
- Composition
- View:
- Territorial
- Elem:
- Irvington
- Middle:
- Harriet Tubman
- High:
- Grant
- Lot Desc:
- Level, Private
- Area:
- Portland Northeast
- Exterior:
- Covered Patio, Deck, Fenced, Outbuilding, Patio, Porch, Yard
- Courtesy of:
- eXp Realty, LLC
- Remarks:
- Extensively remodeled down to the studs in 2018, this fully reconfigured residence offers a rare opportunity for owner occupants and investors alike. Configured for income generation, the property has consistently produced $10k + per month, with the lower level generating short term rental income and the upper level previously rented long term. Furniture is included, offering a true turnkey opportunity. The home is currently operating with a short term rental license and is professionally managed through StaySavvy, with multiple flexible strategies available including continued short term rental, dual mid term rentals that do not require a license, or owner occupancy with supplemental income.The lower level features a separate entrance, two bedrooms, full bath, living area, and kitchen, ideal for rental or multigenerational living. The main and upper levels offer a spacious layout with hardwood floors, a remodeled kitchen with quartz and stainless appliances, and a reconfigured upper level with three bedrooms and an updated Jack and Jill bath. All major systems were replaced in 2018 including foundation, plumbing, electrical, HVAC with central air, and a tankless water heater. Exterior improvements include fiber cement siding, vinyl windows, and a composition roof. The property also offers a long driveway, additional parking, and a detached garage converted to storage or workshop. ADU potential provides additional upside for future income or expansion.