1616 SE Morrison ST, Portland, OR 97214
- $1,233,000
- Sold Price
- $1,233,000
- List Price
- $1,259,900
- Closing Date
- Dec 29, 2025
- Days on Market
- 220
- MLS#
- 563171750
- Property Type
- Multifamily
- Lot Size
- 3, 000 to 4, 999 SqFt
- Region
- Portland Southeast
- Status
- SOLD
Property Description
Exceptional Triplex Investment in Portland’s Vibrant Buckman Neighborhood. Situated in the heart of one of Portland’s most desirable and walkable neighborhoods, this newly built triplex offers an outstanding investment opportunity. Each of the three units features thoughtfully designed, open-concept living spaces with high ceilings and expansive windows that flood the interiors with natural light. The layouts maximize privacy and livability, making the property ideal for both long-term rentals and owner-occupants. Modern, well-appointed kitchens in every unit come equipped with stainless steel appliances, custom cabinetry, solid surface countertops, and stylish tile backsplashes. The spacious bedrooms—many with en-suite bathrooms—enhance tenant appeal, while designer finishes throughout the property bring a level of sophistication not often found in multifamily offerings. Private outdoor areas, including a yard shaded by a beautiful heritage tree, provide tenants with peaceful retreats and elevate the overall living experience. Built by a Street of Dreams award-winning builder, this triplex was designed for quality and longevity, with modern systems and low-maintenance materials to reduce operating costs and simplify property management. Located in the culturally rich Buckman neighborhood, tenants will enjoy proximity to top-rated restaurants, local breweries, coffee shops, parks, and live music venues—ensuring steady demand and strong tenant retention. Whether you're looking to live in one unit and lease the others, or operate a fully income-generating asset, this turn-key property delivers flexibility, location, and long-term value.
Additional Information
- Year Built
- 2025
- High School
- Cleveland
- Elementary School
- Buckman
- Middle School
- Hosford
- Acres
- 0.07
- Stories
- 2
- Subdivision
- Buckman
- Terms
- Cash, Conventional
- Cooling Description
- Mini Split
- Fuel Description
- Electricity
- Heating Description
- Mini Split
- Hoa Rent Includes
- None
- Hot Water Description
- Electricity
- Exterior Description
- Cement Siding
- Roof Type
- Composition
- Sewer Description
- Public Sewer
- View
- Trees/Woods
- Road Surface
- Paved
- Number Of Units Total
- 3
- Unit Type One Baths Total
- 3
- Unit Type One Beds Total
- 2
- Unit Type One Rent
- 2950
- Unit Type One Sq Ft
- 931
- Unit Type One Units Total
- 1
- Unit Type Two Baths Total
- 3
- Unit Type Two Beds Total
- 2
- Unit Type Two Units Total
- 2
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Listing courtesy of Keller Williams Realty Portland Premiere. Selling Office: Living Room Realty.
The content relating to real estate for sale on this site comes in part from the IDX program of the RMLS of Portland, Oregon. Real Estate listings held by brokerage firms other than this firm are marked with the RMLS logo, and detailed information about these properties include the name of the listing's broker. Listing content is copyright © 2026 RMLS of Portland, Oregon. All information provided is deemed reliable but is not guaranteed and should be independently verified. This content last updated on . Some properties which appear for sale on this web site may subsequently have sold or may no longer be available.