522 NE MORRIS ST

Portland, 97212

  • 6 Bed

  • 4 Bath

  • 3362 SqFt

  • 48 DOM

  • Built: 1902

  • Status: Active

$1,250,000

Price cut: $25K (04-23-2026)

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522 NE MORRIS ST

Portland 97212

$1250000

Price cut: $25K (04-23-2026)

  • 6 Bed

  • 4 Bath

  • 3362 SqFt

  • 48 DOM

  • Built: 1902

  • Status: Active

Krishna Regupathy

Principal Broker

(503) 893-8874

Extensively remodeled down to the studs in 2018, this fully reconfigured residence offers a rare opportunity for owner occupants and investors alike. Configured for income generation, the property has consistently produced $10k + per month, with the lower level generating short term rental income and the upper level previously rented long term. Furniture is included, offering a true turnkey opportunity. The home is currently operating with a short term rental license and is professionally managed through StaySavvy, with multiple flexible strategies available including continued short term rental, dual mid term rentals that do not require a license, or owner occupancy with supplemental income.The lower level features a separate entrance, two bedrooms, full bath, living area, and kitchen, ideal for rental or multigenerational living. The main and upper levels offer a spacious layout with hardwood floors, a remodeled kitchen with quartz and stainless appliances, and a reconfigured upper level with three bedrooms and an updated Jack and Jill bath. All major systems were replaced in 2018 including foundation, plumbing, electrical, HVAC with central air, and a tankless water heater. Exterior improvements include fiber cement siding, vinyl windows, and a composition roof. The property also offers a long driveway, additional parking, and a detached garage converted to storage or workshop. ADU potential provides additional upside for future income or expansion.

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