$499,990
4 Beds
4 Baths
1,972 sqft
21123 SE Morrison St, Gresham, OR 97030
Est. Mortgage $3,136/mo*
Get Pre-QualifiedHome Highlights
Multi-Family
Built in 1975
$254/sqft
Garage
Local Information
- Map ViewExplore the area around 21123 SE Morrison St.
- Schools1 Elementary School1 Middle School1 High School
- Shop & Eat
-- mins to
About this House
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.
Last check for updates: about 4 hours ago
Listing courtesy of Thomas Cardelli, (503) 519-3702
Premiere Property Group, LLC
Steven Wong, (503) 330-0230
Premiere Property Group, LLC
Source: RMLS (OR), MLS#131990721
Also Listed on RMLS (OR).
Home Details for 21123 SE Morrison St
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MLS Status: Active |
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Interior Details Basement: Full |
Beds & Baths Number of Bedrooms: 4Number of Bathrooms: 4Number of Bathrooms (full): 2Number of Bathrooms (partial): 2 |
Dimensions and Layout Living Area: 1972 Square Feet |
Appliances & Utilities Utilities: Cable ConnectedAppliances: Dishwasher, Range, Refrigerator, Electric Water HeaterDishwasherLaundry: Washer Dryer HookupRefrigerator |
Heating & Cooling Heating: BaseboardNo CoolingHas HeatingHeating Fuel: Baseboard |
Levels, Entrance, & Accessibility Stories: 2 |
View No View |
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Exterior Home Features Roof: CompositionFoundation: Concrete Perimeter, Slab |
Parking & Garage Number of Garage Spaces: 1Number of Covered Spaces: 1No CarportHas a GarageNo Attached GarageHas Open ParkingParking Spaces: 2Parking: Garage,On Street |
Frontage Road Frontage: Public RoadRoad Surface Type: Paved |
Water & Sewer Sewer: Public Sewer |
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Days on Market: 46 |
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Year Built Year Built: 1975 |
Property Type / Style Property Type: Residential IncomeProperty Subtype: Multi Family |
Building Construction Materials: T111 SidingNot Attached Property |
Property Information Condition: ApproximatelyParcel Number: R113676 |
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Price List Price: $499,990Price Per Sqft: $254 |
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Direction & Address City: Gresham |
School Information Elementary School: North GreshamJr High / Middle School: Clear CreekHigh School: Gresham |
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Listing Agent Listing ID: 131990721 |
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Building Area Building Area: 1972 Square Feet |
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No HOA |
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Listing Terms: Cash, Conventional, FHA, VA Loan |
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Rent Includes: Trash Collection |
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BasementMls Number: 131990721 |
Around this home
Neighborhood Overview
Neighborhood stats provided by third party data sources.
What Locals Say about North Central
At least 46 Trulia users voted on each feature.
85 % Say car is needed
80 % Say there are sidewalks
78 % Say it's dog friendly
77 % Say parking is easy
67 % Say yards are well-kept
65 % Say there's holiday spirit
58 % Say kids play outside
52 % Say streets are well-lit
47 % Say it's walkable to grocery stores
46 % Say it's quiet
45 % Say it's walkable to restaurants
42 % Say people would walk alone at night
42 % Say neighbors are friendly
38 % Say there's wildlife
37 % Say they plan to stay for at least 5 years
18 % Say there are community events
Sourced by Trulia users. Learn more about our methodology.
Market trends in Gresham
Last updated August 2026
Avg. sale price
$459K
$7.37KMoM
Sale-to-List Price
100.0%
Price per sq ft
$274
$2MoM
Available listings
370
4MoM
Home Value
Trulia Estimate
$497KSince last month
Increased$4K (+0.8%)Since last year
Increased$4K (+0.8%)Learn more about this home's value by checking out its Trulia Estimate, the value of nearby homes, and how much similar homes have sold for.
Trulia Estimate
The of this home's value increased by +1% in the last 10 years
| Month | Estimated value |
|---|---|
2026 | |
| September 2026 | $497K |
| August 2026 | $493K |
Comparable sales
These are recently sold homes that have a similar location or other similar features to this home, like bedrooms, bathrooms, and square footage. Get a sense of the expected prices in the area by viewing these homes.Address | Distance | Property Type | Sold Price | Sold Date | Bed | Bath | Sqft |
|---|---|---|---|---|---|---|---|
0.38 | Multi-Family Home | $500,000 | 12/12/25 | 6 | 4 | 2,583 | |
1.02 | Multi-Family Home | $530,000 | 06/17/26 | 6 | 4 | 2,416 | |
1.70 | Multi-Family Home | $850,000 | 05/19/26 | 4 | 4 | 2,164 | |
1.40 | Multi-Family Home | $590,000 | 03/26/26 | 5 | 3 | 3,625 | |
1.53 | Multi-Family Home | $495,000 | 08/07/26 | 4 | 2 | 1,560 | |
1.60 | Multi-Family Home | $550,000 | 04/06/26 | 4 | 2 | 1,744 | |
1.63 | Multi-Family Home | $489,000 | 10/06/25 | 4 | 2 | 1,612 | |
1.48 | Multi-Family Home | $640,000 | 08/24/26 | 7 | 6 | 3,176 | |
1.88 | Multi-Family Home | $600,000 | 01/16/26 | 4 | 4 | 2,390 |
Nearby home prices
Get a sense of expected prices in the area by checking the value of nearby homes.Address | Distance | Price | Bed | Bath | Sqft | Status |
|---|---|---|---|---|---|---|
0.06 | $446,300 | 3 | 1 | 1,382 | Off Market | |
0.05 | $216,300 | 3 | 2 | 1,512 | Off Market | |
0.08 | $438,800 | 3 | 1 | 1,368 | Off Market | |
0.08 | $496,100 | 3 | 1 | 1,617 | Off Market | |
0.08 | $438,400 | 3 | 1 | 1,274 | Off Market | |
0.10 | $425,000 | 3 | 1 | 1,255 | Recently Sold | |
0.08 | $150,700 | 2 | 1 | 840 | Off Market | |
0.09 | $505,100 | 4 | 2 | 2,140 | Off Market | |
0.10 | $454,000 | 3 | 1 | 1,388 | Off Market | |
0.10 | $456,700 | 3 | 2 | 1,692 | Off Market | |
0.12 | $420,000 | 3 | 1 | 1,456 | Recently Sold |
Price and Tax history
| Date | Event | Price |
|---|---|---|
Aug 3, 2026 Source: RMLS (OR) #131990721 | Listed For Sale | $499,990 |
LGBTQ Local Legal Protections
LGBTQ Local Legal Protections
Thomas Cardelli, Premiere Property Group, LLC
Agent Phone: (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 Zillow, Inc. 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.
This content last updated on 2026-09-17 14:15:26 PDT. Some properties which appear for sale on this web site may subsequently have sold or may no longer be available.
All information provided is deemed reliable but is not guaranteed and should be independently verified.
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Frequently asked questions about 21123 SE Morrison St
- What is the estimated monthly payment for 21123 SE Morrison St?Based on a $499,990 list price with 20% down at today's rates, the estimated monthly payment for 21123 SE Morrison St in Gresham, OR is approximately $3,181 (about $2,706 principal & interest, $400 property taxes, and $75 homeowner's insurance). This is an estimate. Actual payment depends on your loan terms.
- How does the list price for 21123 SE Morrison St compare to homes in Gresham?21123 SE Morrison St in Gresham, OR is listed at $499,990, about 9% above the $459K median sale price in Gresham.
- What do residents say about the North Central neighborhood?Residents describe the North Central neighborhood in Gresham, OR as pedestrian-friendly, dog-friendly, and easy to park in. See homes for sale in North Central, Gresham.
- What are the closest schools to 21123 SE Morrison St?The closest schools to 21123 SE Morrison St in Gresham, OR are Clear Creek Middle School (rated 1/10), Gresham High School (rated 4/10), North Gresham Elementary School (rated 3/10).
- Does 21123 SE Morrison St have laundry facilities?Yes, 21123 SE Morrison St in Gresham, OR has laundry facilities.
21123 SE Morrison St, Gresham, OR 97030 is a 4 bedroom, 4 bathroom, 1,972 sqft multi-family built in 1975. 21123 SE Morrison St is located in North Central, Gresham. This property is currently available for sale and was listed by RMLS (OR) on Aug 3, 2026. The MLS # for this home is MLS# 131990721.