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4 Beds
4 Baths
1,972 sqft

$499,990

21121 SE MORRISON ST, Gresham OR, 97030

Price per sqft$253.54
Built in1975
Property size1,972 sqft
Property typeMulti-family
Listing Courtesy of Premiere Property Group, LLC, Thomas Cardelli. 503-519-3702

Overview

Active

Listed Aug 3, 2026

Updated 2 weeks ago

Turnkey Investment Opportunity – Tenant OccupiedDon’t miss this excellent opportunity to add a well-maintained, income-producing property to your investment portfolio. Located in a convenient Gresham neighborhood, this split-level home is currently tenant occupied with established residents who would like to remain, offering the potential for immediate rental income and a seamless transition for the next owner.The home features 2 comfortable bedrooms and 1.5 bathrooms, providing a functional layout that appeals to a variety of tenants. The split-level design creates separate living spaces, offering flexibility and a sense of privacy while maximizing the home’s square footage. A spacious living area welcomes natural light, creating a warm and inviting atmosphere.Outside, you’ll find a generous backyard with plenty of room for outdoor entertaining, gardening, recreation, or future enhancements, making it an attractive feature for long-term renters. The attached garage provides secure parking and additional storage space, adding everyday convenience and value.Conveniently located near shopping, dining, schools, parks, public transportation, and major commuter routes, this property is well positioned in an area with strong, consistent rental demand. Whether you’re expanding your investment portfolio or purchasing your first rental property, this home offers immediate income potential along with long-term appreciation opportunities. This is an outstanding opportunity to acquire a property with strong investment appeal in a desirable Gresham location.No showings. Once accepted offer received will be contingent on interior inspection. Please do not disturb the tenants.

$3,326/mo

Est. mortgage payment based on a $499,990 home price.

All estimates are provided by Luxury Presence for informational purposes only. Actual amounts may vary.

Additional information

MLS® ID
131990721

Interior Features

Bedrooms
4
Bathrooms
4
Heating
Yes
Basement
Yes

Other Property Details

Taxes
$5,495
Tax Frequency
Annually
Garage
Yes
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Listing Courtesy of Premiere Property Group, LLC, Thomas Cardelli. 503-519-3702

The content relating to real estate for sale on this web site comes in part from the IDX program of the RMLS of Portland, Oregon. Real estate listings held by brokerage firms other than Saltaire Coastal Homes are marked with the RMLS logo, and detailed information about these properties includes the names of the listing brokers. Listing content is copyright © 2026 RMLS, Portland, Oregon. All information provided is deemed reliable but is not guaranteed and should be independently verified.

This content last updated on 9/23/2026, 6:22 AM UTC. Some properties which appear for sale on this web site may subsequently have sold or may no longer be available

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