This home's estimate is 2.3% lower than the average sale price ($777K) of 6 comparable homes.
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- Sale & tax history
- Property details
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3129 SE Morrison St, Portland, OR 97214
About this home
Investor opportunity in hot SE location just one block north of Belmont. Quiet neighborhood, located on a quiet residential street, close to all that Belmont has to offer. Excellent rental history, updated unites w/ hardwood floors, off-street parking for each unit, shared laundry room, storage, access to private outdoor space for each unit, Excellent investor opportunity.

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Market trends in Belmont, OR
Last updated September 2026
Buyer's Market
Seller's Market
Seller's market
- $899,0004 beds2 baths3,102 sq ft1524 SE 24th Ave, Portland, OR 97214Erin Livengood • Windermere Realty Trust
- $734,9003 beds2 baths2,844 sq ft3328 SE Washington St, Portland, OR 97214Valerie Hunter • H & H Preferred Real Estate
- 3D WALKTHROUGH$499,0002 beds2 baths1,779 sq ft323 SE 14th Ave, Portland, OR 97214Kimberly Parmon • Living Room Realty
- 3D WALKTHROUGH$969,0004 beds3 baths3,130 sq ft2731 SE Market St, Portland, OR 97214Bonnie Roseman • Living Room Realty
- $875,0004 beds2 baths2,800 sq ft1318 SE Palm St, Portland, OR 97214Jewel Robinson • RE/MAX Equity Group
- $1,474,9506 beds4 baths5,148 sq ft2106 SE Main St, Portland, OR 97214Michael Smira • John L. Scott Portland Central
- 3D WALKTHROUGH$675,0002 beds2 baths1,278 sq ft2455 SE Madison St, Portland, OR 97214Claire Paris • Paris Group Realty LLC
- $179,9001 bed1 bath458 sq ft804 SE Cesar E Chavez Blvd #11, Portland, OR 97214Chris Suarez • Keller Williams Sunset Corridor
See all
Provided by Redfin
Sale history for 3129 SE Morrison St
$421/sq ft
$421/sq ft
$359/sq ft
$149/sq ft
$128/sq ft
$65/sq ft
Tax history for 3129 SE Morrison St
*Taxable value of land and structures on it ("additions") is determined regularly by local assessors and does not affect market price.
Public record
- Public record
- Zoning
R2.5
Residential 2,500 zone
The single-dwelling zones are intended to preserve land for housing and to provide housing opportunities for individual households. The zones implement the comprehensive plan policies and designations for single-dwelling housing and provide options for infill housing that is compatible with the scale of the single-dwelling neighborhood.Include but are not limited to:
- Housing
Property details
Parking
- Parking Information
- Parking Features: Open, Paved
Interior
- Appliances
- Hot Water Description: Electricity
- Interior Features
- Storage: Individual Storage Units
- Basement: Crawl Space
- Multi Unit Information
- # Of Units Total: 3
- Unit Information
- Unit Type: 1, 2, 3
- Unit Type 1 Information
- Actual Rent: $900
- Area: 550
- Baths Total: 1
- Beds Total: 1
- Features: Hardwood Floors, Range, Refrigerator
- Units Total: 1
- Unit Type 2 Information
- Actual Rent: $1,600
- Area: 600
- BathsTotal: 1
- Beds Total: 2
- Features: Hardwood Floors, Range, Refrigerator
- Units Total: 1
- Unit Type 3 Information
- Actual Rent: $1,600
- Area: 600
- Baths Total: 1
- Beds Total: 2
- Features: Hardwood Floors, Range, Refrigerator
- Units Total: 1
Exterior
- Exterior Features
- Roof: Composition
- Exterior Description: Wood Siding
- Unreinforced Masonry Bldg: No
- Lot Information
- Lot Size Range: 3,000 to 4,999 SqFt
- Lot Size: 3,000 to 4,999 SqFt
- Lot Features: Level
- Parcel Number: R280446
- Road Surface Type: Paved
- Property Information
- Property Type: Multi Family
- Property Attached YN: No
- Property Condition: Updated/Remodeled
- View YN: No
- Building Information
- Year Built: 1964
- Building Area Total: 1,840
- Foundation Details: Concrete Perimeter
Financial
- Tax Information
- Tax Year: 2019
- Tax Legal Description: SUNNYSIDE & PLAT 2 & 3, BLOCK 13, LOT 19
- Tax Annual Amount: $5,320.11
- Rent Information
- Rent Includes: Maintenance Grounds, Sewer, Trash Collection, Water
- Lease / Rent Information
- CAP Rate: 5.26
- Gross Rent Multiplier: 15.75
Utilities
- Utility Information
- Green Certification YN: No
- Fuel Description: Electricity
- Water Source: Public Water
- Sewer: Public Sewer
- Heating & Cooling
- Heating YN: Yes
- Heating: Zoned
- Cooling YN: No
Location
- School Information
- Middle Or Junior School: Sunnyside Env
- High School: Franklin
- Location Information
- Directions: SE 32nd and SE Morrison
- Unparsed Address: 3129 SE MORRISON ST, Portland, OR 97214
- Community Information
- Community Features: Laundry
- Zoning: R2.5
Public facts
- Beds: 5
- Baths: 3.0
- Sq. Ft.: 1,840
- Stories: 1.0
- Lot Size: 4,443 square feet
- Style: Multi-Family (2-4 Unit)
- Year Built: 1964
- Year Renovated: 1964
- County: Multnomah County
- APN: R280446
Other
- Listing Information
- MlsStatus: Sold
- Listing Price Information
- Price Type: List Price
Around this home
Schools
Public K-8 • Assigned • 0.2mi
Public 9-12 • Assigned • 1.6mi
Lifestyle
Provided by Walk Score and Local Logic
Climate risks
Minimal risk of a flood reaching the building in the next 30 years
Unlikely to be in a wildfire in next 30 years
7 days above 92° expected this year, 14 days in 30 years
Minimal risk of severe winds over next 30 years
19 unhealthy days expected this year, 21 days in 30 years
Sun exposure
In this area, properties receive around 9.7 hours in June and 2 hours in December, placing it below the U.S. average for solar exposure.
Nearby similar homes
New listings for sale in 97214
Home values near 3129 SE Morrison St
| Address | Redfin Estimate |
|---|---|
3 Beds | 3 Baths | 1472 Sq. Ft. | $692,356 |
1 Beds | 1 Baths | 1301 Sq. Ft. | $576,748 |
| Address | Redfin Estimate |
|---|---|
3 Beds | 1.5 Baths | 1440 Sq. Ft. | $769,377 |
3 Beds | 1 Baths | 1306 Sq. Ft. | $637,481 |
| Address | Redfin Estimate |
|---|---|
3 Beds | 1 Baths | 1994 Sq. Ft. | $576,513 |
4 Beds | 3 Baths | 1696 Sq. Ft. | $763,835 |
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