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Sarita Dua

OPERATOR | The AskSarita Team | Keller Williams Sunset Corridor

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522 NE Morris St , Portland, OR 97212
$1,250,000
Est. Payment: $6,285.21/mo
6 Bed
4 Bath
3362 Sqft
Status: active | Days on site: 139
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VCR-C15903466 - VCR-C159091383,VCR-C159052275

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House Description

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.

Highlights

Listed by Dawn Cordiner , 503-309-0093 eXp Realty, LLC , 888-814-9613. Portland Regional Multiple Listing Service mls logo

Property Type

Residential

Lot/Acreage
0.14

Year Built

1902

County

Multnomah

Area

142 - Portland Northeast

Listing ID

766846077

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Interior Features

Bedrooms and Bathrooms
  • Bedrooms:6
  • Bathrooms:4
  • Full Bathrooms:4
Appliances:Cook Island, Cooktop, Disposal, Free-Standing Refrigerator, Gas Appliances, Island, Microwave, Pantry, Plumbed For Ice Maker, Quartz, Stainless Steel Appliance(s)
Air Cond:Central Air
Fireplaces:
Basement:Finished
Other:Furnished,Hardwood Floors,High Ceilings,Laundry,Quartz,Separate Living Quarters/Apartment/Aux Living Unit,Skylight,Soaking Tub,Tile Floor,Vinyl Floor,Wall to Wall Carpet,Washer/Dryer,Wood Floors
Other:Public Water

Exterior Features

Lot:Level,Private
Garage Capacity:1
Roof:Composition
Others:Covered Patio,Deck,Fenced,Outbuilding,Patio,Porch,Yard,Updated/Remodeled
Sewer:Public Sewer
Parking Features:Converted,Detached,Driveway,Off Street
Principal Interest
$6,285
Taxes
$458

Home Price

$1,250,000

Loan Details

30 yrs
6.446%

Down Payment

20%
$250,000
All calculations are estimates and provided by Blueroof360. Today’s Rates provided by Blueroof360. Information and interactive calculators are made available to you only as self-help tools for your independent use and are not intended to provide investment or tax advice. We cannot and do not guarantee their applicability or accuracy in regards to your individual circumstances. All examples are hypothetical and are for illustrative purposes. We encourage you to seek personalized advice from qualified professionals regarding all personal finance issues.
Monthly Price:
$6,285.21

Principal

Taxes

Principal Taxes HOA Total
Monthly $6,285.21 $457.53 $0.00 $6,742.73
Yearly $75,422.51 $5,490.30 $0.00 $80,912.81
Total $2,262,675.24 $164,709.00 $0.00 $2,427,384.24

Today's Rates

30 Year

6.45%

20 Year

6.23%

15 Year

5.73%

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Market insight data is pulled from the same city as the listing being viewed (Portland, OR).

The schools listed are within a 2-mile radius of the property; however, attendance is not guaranteed. Please contact the local school district to confirm zoning and enrollment options.


The data relating to real estate for sale on this web site comes in part from the Portland Regional Multiple Listing Service. Real estate listings held by brokerage firms other than The AskSarita Team | Keller Williams Sunset Corridor are marked with the IDX logo and detailed information about them includes the name of the listing brokers.

All information deemed reliable but not guaranteed and should be independently verified. All properties are subject to prior sale, change or withdrawal. Neither listing broker(s) nor technology provider shall be responsible for any typographical errors, misinformation, misprints and shall be held totally harmless.

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Data last updated: 2026-07-24T03:19:25.000Z

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