$499,990
 $2,684 est/mo Sourced by Back At You

21123 SE Morrison St,Gresham, OR 97030

Gresham, OR 97030

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Description

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.

Details

MLS #571244590
Listing TypeFor Sale
StyleHouse
Sub-TypeResale
StatusActive
Year1975
Days On Site48
Listing Provided ByPremiere Property Group, LLC | Thomas Cardelli

Features

Bed(s)4
Bath(s) 2 Total
SQ Feet972
Garage1
BasementY
Story(s)2
Acreage0.19

Interior

HeatingBaseboard
Heating YnYes
Cooling YnNo
Interior FeaturesHookup Available, Laminate Flooring, Laundry, Wallto Wall Carpet
Window FeaturesDouble Pane Windows
AppliancesDisposal, Free Standing Range, Free Standing Refrigerator

Exterior

Exterior FeaturesDeck, Fenced, Porch, Yard
RoofComposition
Foundation DetailsConcrete Perimeter
Lot FeaturesCorner Lot, Level, Public Road

Parking

Attached Garage YnYes
Parking FeaturesDriveway, On Street

Taxes

Property5495

Area Information

StateOR
CountyMultnomah
CityGresham
Zip Code97030
School DistrictGresham
Elementary SchoolNorth Gresham
High SchoolGresham
Listing VS Median (in 97030)
Price:
$499,990
low | high
Med:
$444,500
61.098221964439% of Average
sqft:
972
low | high
Med:
1,471
2% of Average
$ / sqft:
$514
low | high
Med:
$303
91.089984667953% of Average
On site:
48
low | high
Med:
11
100% of Average
Sourced by Back At You

Market Activity 97030

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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 Madaire Realty are marked with the RMLS™ logo, and detailed information about these properties includes the names of the listing brokers. Listing content is copyright © 2020 RMLS™, Portland, Oregon.

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Learn More About This Property

StateOR
CountyMultnomah
CityGresham
Zip Code97030
School DistrictGresham
Elementary SchoolNorth Gresham
High SchoolGresham
Listing VS Median (in 97030)
Price:
$499,990
low | high
Med:
$444,500
61.098221964439% of Average
sqft:
972
low | high
Med:
1,471
2% of Average
$ / sqft:
$514
low | high
Med:
$303
91.089984667953% of Average
On site:
48
low | high
Med:
11
100% of Average
Sourced by Back At You
Nearby Listings (Within 1/2 mile)
Price: $374K - $624K
sqft: 729 - 1,000
Nearby Listings Property ImageNearby Listings Details
1258 NW Shattuck WAY 308 Property Photo 1
$270,000
1258 Nw Shattuck Way 308
Gresham, OR 97030
Listing Updated: August 8, 2026 at 8:12:36 PM PDT