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Listed by eXp Realty, LLC • 503-309-0093

$1,275,000

Est. payment - /mo

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6 Beds

4 Baths

3,362 SqFt

Price Dropped by $20K

522 NE MORRIS ST Portland, OR 97212

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Edel Lopez

edel@thelopezestategroup.com +1(503) 800-7006

UPDATED:

Key Details

Property Type Single Family Home

Sub Type Single Family Residence

Listing Status Active

Purchase Type For Sale

Square Footage 3,362 sqft

Price per Sqft $379

MLS Listing ID 766846077

Style Craftsman, Four Square

Bedrooms 6

Full Baths 4

HOA Y/N No

Year Built 1902

Annual Tax Amount $5,490

Tax Year 2025

Lot Size 6,098 Sqft

Property Sub-Type Single Family Residence

Property Description

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.

Location

State OR

County Multnomah

Area _142

Rooms

Basement Finished

Interior

Interior Features Furnished, Hardwood Floors, High Ceilings, Laundry, Quartz, Separate Living Quarters Apartment Aux Living Unit, Skylight, Soaking Tub, Tile Floor, Vinyl Floor, Wallto Wall Carpet, Washer Dryer, Wood Floors

Heating Forced Air

Cooling Central Air

Appliance Cook Island, Cooktop, Disposal, Free Standing Refrigerator, Gas Appliances, Island, Microwave, Pantry, Plumbed For Ice Maker, Quartz, Stainless Steel Appliance

Exterior

Exterior Feature Covered Patio, Deck, Fenced, Outbuilding, Patio, Porch, Yard

Parking Features Converted, Detached

Garage Spaces 1.0

View Territorial

Roof Type Composition

Garage Yes

Building

Lot Description Level, Private

Story 3

Foundation Concrete Perimeter

Sewer Public Sewer

Water Public Water

Level or Stories 3

Schools

Elementary Schools Irvington

Middle Schools Harriet Tubman

High Schools Grant

Others

Senior Community No

Acceptable Financing Cash, Conventional, VALoan

Listing Terms Cash, Conventional, VALoan

Regional Multiple Listing Service (RMLS)

Nearby Locations

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Edel Lopez

Broker | License ID: 201224741 | Realty of America

+1(503) 800-7006

522 NE MORRIS ST Portland, OR 97212

Edel Lopez

Key Details

Location

Rooms

Interior

Exterior

Building

Schools

Others

Nearby Locations

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522 NE MORRIS ST