$499,990

21123 SE Morrison St, Gresham, OR 97030

1,972 sq ft

Listed by Premiere Property Group, Llc, Thomas Cardelli

Status: Active

MLS® #131990721

Property description for 21123 SE Morrison St, Gresham, OR 97030

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.

QUICK OVERVIEW

Built in 1975
$254 / Sq Ft
2 parking spaces
None
Baseboard
74 days on website

INTERIOR

BUILDING AND CONSTRUCTION

EXTERIOR AND LOT

UTILITIES

AREA AND SCHOOLS

FINANCIAL INFO

Price per square foot and days on website are not provided values and are calculated by REMAX.

Listing Agent Thomas Cardelli

Listing Office Premiere Property Group, Llc, 5036709000

Updated Thursday, August 27, 2026 at 3:54:42 PM

The content relating to real estate for sale on this website comes in part from the IDX program of the RMLS of Portland, Oregon. Real estate listings held by brokerage firms other than Regional Multiple Listing Service are marked with the RMLS logo, and detailed information about these properties includes the names of the listing brokers. IDX information is provided exclusively for consumers' personal, non-commercial use and may not be used for any purpose other than to identify prospective properties consumers may be interested in purchasing. This data last updated as of date above. Some properties which appear for sale on this website 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. Some of these listings contain enhanced listing information including city, state, zip, and county from sources such as MSA data and USPS. Listing content is Copyright © 2026 RMLS of Portland, Oregon. All Rights Reserved.

NEIGHBORHOOD

About the Heatherstone Neighborhood

Heatherstone has a character that appeals to a fairly diverse group of people. Heatherstone is very quiet, as there are usually low levels of noise from traffic. On the other hand, green spaces, like North Gresham Park, are especially well-situated and there are a few of them nearby for residents to relax in, which makes it easy to reach them. Lastly, even though this area is not known for its vibrancy, with the nightlife venues in nearby neighborhoods, it is easy to find a place to grab a drink since they are generally located a short distance away.

Learn more about Heatherstone

Daycares

At least one daycare within a very short walk

Quiet

Very few sources of noise nearby

Elementary Schools

At least one elementary school within a 15-minute walk

Groceries

Wide variety of groceries within a short drive, including some within walking distance

Restaurants

Wide variety of restaurants within a short drive, including some within walking distance

CLIMATE RISK FOR 97030

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21123 SE Morrison St, Gresham, OR 97030