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Sarita Dua

OPERATOR | The AskSarita Team | Keller Williams Sunset Corridor

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5135 SE Morrison St , Portland, OR 97215
$1,249,900
Est. Payment: $6,383.44/mo
6 Bed
9 Bath
2904 Sqft
Status: Active | Days on site: 27
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KWPP01 - BODLEDAR,CHRISTKV
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House Description

Add three brand new residences to your portfolio with this thoughtfully planned Mt. Tabor triplex. The property includes three separately addressed 2 bedroom, 2½ bathroom homes totaling 2,904 sq ft, offering the consistency of new construction in an established Southeast Portland neighborhood. Each residence spans two levels and has its own private entrance and covered porch, giving renters the privacy and separation of a townhome style layout. Open main floors bring together the living and dining areas with an island kitchen, while a half bathroom adds convenience for everyday use. Upstairs, two bedrooms are paired with two full bathrooms, creating a versatile layout that works well for a range of rental arrangements. The 952 sq ft corner residence has a side entrance and additional window exposure, while the other two residences each offer 976 sq ft with matching floor plans. Consistent layouts and finishes across the property can make leasing, maintenance and future turnovers more efficient, while three individual addresses help each residence maintain its own identity. Contemporary architecture, abundant windows and well utilized interiors further strengthen the property's rental appeal. For a long term owner, brand new construction provides the opportunity to establish tenancy from the outset without taking on the immediate repairs, aging systems and renovation planning often associated with older multifamily properties. Glencoe Elementary is directly adjacent, and the property is also near Mt. Tabor Park, New Seasons Market and the many restaurants, shops and services found along Hawthorne, Belmont and Division. Tabor Bread, The Sapphire Hotel, Apizza Scholls and the Bagdad Theater are among the nearby destinations. With three cohesive residences, practical floor plans and a desirable Mt. Tabor location, this is a well positioned buy and hold asset built for lasting rental appeal.

Highlights

Listed by Darryl Bodle , 503-709-4632 and Kelly Christian , 503-597-2444 Keller Williams Realty Portland Premiere , 503-597-2444. Portland Regional Multiple Listing Service mls logo

Property Type

Multi-Family

Lot/Acreage
0.07

Year Built

2026

County

Multnomah

Area

143 - Portland Southeast

Neighborhood

Mt Tabor

Listing ID

472671851

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Interior Features

Bedrooms and Bathrooms
  • Bedrooms:6
  • Bathrooms:9
  • Full Bathrooms:9
Air Cond:Heat Pump,MiniSplit
Fireplaces:
Basement:Crawl Space
Water:Public Water

Exterior Features

Zoning:R2.5
Roof:Composition
Others:
  • Additional:New Construction
Sewer:Public Sewer
Parking Features:On Street
Principal Interest
$6,383
Taxes
$797

Home Price

$1,249,900

Loan Details

30 yrs
6.596%

Down Payment

20%
$249,980
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:
$6,383.44

Principal

Taxes

Principal Taxes HOA Total
Monthly $6,383.44 $796.81 $0.00 $7,180.25
Yearly $76,601.23 $9,561.74 $0.00 $86,162.96
Total $2,298,036.84 $286,852.05 $0.00 $2,584,888.89

Today's Rates

30 Year

6.6%

20 Year

6.33%

15 Year

6.05%

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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.

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Data last updated: 2026-09-07T13:53:59.000Z

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