# 21121 SE MORRISON St, Gresham, OR 97030 > **TL;DR:** 4bd/4ba residential multi family, $499,990 ($254/sqft), built 1975, 1,972 sqft. > 1-car garage. Est. $2,674/mo. Listed 58 days. ## Property at a Glance | Attribute | Value | |-----------|-------| | Price | $499,990 | | Price/sqft | $254 | | Bedrooms | 4 | | Bathrooms | 4 full | | Square Feet | 1,972 | | Year Built | 1975 | | Stories | 2 | | Garage | 1-car | | Property Type | Residential Multi Family (Other) | | Status | Active | | Days on Market | 58 | ## Estimated Monthly Costs | Category | Amount | |----------|--------| | Principal & Interest (20% down, 30-year at 6.5%) | $2,528 | | Estimated Insurance | $146 | | **Total** | **$2,674** | ## Nearby Schools - **Elementary:** North Gresham - **Middle:** Clear Creek - **High:** Gresham ## Key Amenities - 1-car garage ## Property Highlights - Built in 1975 - 2 stories ## Description ### Agent 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. ## Location - **Address:** 21121 SE MORRISON St, Gresham, OR 97030 - **County:** Multnomah - **Coordinates:** 45.517149, -122.44515 - **Google Maps:** https://www.google.com/maps?q=45.517149,-122.44515 ## Listing Agent - **Name:** Thomas Cardelli - **Brokerage:** Premiere Property Group, LLC - **Phone:** 5035193702 - **Broker Phone:** (503) 670-9000 - **Listing URL:** [View original listing](https://www.realtor.com/realestateandhomes-detail/21121-SE-Morrison-St_Gresham_OR_97030_M26097-54330?f=listhub&s=RMLSOR&m=131990721&c=propsimple) ## Photos ![21121 SE MORRISON St - Photo 1](http://lh.rdcpix.com/acdffb76be6f1f824b2207a88c76ec7fl-f1784631852r.jpg) ![21121 SE MORRISON St - Photo 2](http://lh.rdcpix.com/acdffb76be6f1f824b2207a88c76ec7fl-f1241198153r.jpg) ![21121 SE MORRISON St - Photo 3](http://lh.rdcpix.com/acdffb76be6f1f824b2207a88c76ec7fl-f137551259r.jpg) ![21121 SE MORRISON St - Photo 4](http://lh.rdcpix.com/acdffb76be6f1f824b2207a88c76ec7fl-f2569309290r.jpg) ![21121 SE MORRISON St - Photo 5](http://lh.rdcpix.com/acdffb76be6f1f824b2207a88c76ec7fl-f3185404970r.jpg) ![21121 SE MORRISON St - Photo 6](http://lh.rdcpix.com/acdffb76be6f1f824b2207a88c76ec7fl-f1488731823r.jpg) ![21121 SE MORRISON St - Photo 7](http://lh.rdcpix.com/acdffb76be6f1f824b2207a88c76ec7fl-f4213230060r.jpg) ![21121 SE MORRISON St - Photo 8](http://lh.rdcpix.com/acdffb76be6f1f824b2207a88c76ec7fl-f3758221380r.jpg) ![21121 SE MORRISON St - Photo 9](http://lh.rdcpix.com/acdffb76be6f1f824b2207a88c76ec7fl-f2216281037r.jpg) ![21121 SE MORRISON St - Photo 10](http://lh.rdcpix.com/acdffb76be6f1f824b2207a88c76ec7fl-f3740413958r.jpg) ![21121 SE MORRISON St - Photo 11](http://lh.rdcpix.com/acdffb76be6f1f824b2207a88c76ec7fl-f1588059018r.jpg) ![21121 SE MORRISON St - Photo 12](http://lh.rdcpix.com/acdffb76be6f1f824b2207a88c76ec7fl-f1267785445r.jpg) ![21121 SE MORRISON St - Photo 13](http://lh.rdcpix.com/acdffb76be6f1f824b2207a88c76ec7fl-f2884366241r.jpg) ![21121 SE MORRISON St - Photo 14](http://lh.rdcpix.com/acdffb76be6f1f824b2207a88c76ec7fl-f2711796174r.jpg) ![21121 SE MORRISON St - Photo 15](http://lh.rdcpix.com/acdffb76be6f1f824b2207a88c76ec7fl-f3710118691r.jpg) ![21121 SE MORRISON St - Photo 16](http://lh.rdcpix.com/acdffb76be6f1f824b2207a88c76ec7fl-f3577259744r.jpg) ![21121 SE MORRISON St - Photo 17](http://lh.rdcpix.com/acdffb76be6f1f824b2207a88c76ec7fl-f2456494127r.jpg) ![21121 SE MORRISON St - Photo 18](http://lh.rdcpix.com/acdffb76be6f1f824b2207a88c76ec7fl-f193298934r.jpg) ![21121 SE MORRISON St - Photo 19](http://lh.rdcpix.com/acdffb76be6f1f824b2207a88c76ec7fl-f2008937577r.jpg) ![21121 SE MORRISON St - Photo 20](http://lh.rdcpix.com/acdffb76be6f1f824b2207a88c76ec7fl-f2200830809r.jpg) ![21121 SE MORRISON St - Photo 21](http://lh.rdcpix.com/acdffb76be6f1f824b2207a88c76ec7fl-f56739824r.jpg) ![21121 SE MORRISON St - Photo 22](http://lh.rdcpix.com/acdffb76be6f1f824b2207a88c76ec7fl-f882314326r.jpg) ![21121 SE MORRISON St - Photo 23](http://lh.rdcpix.com/acdffb76be6f1f824b2207a88c76ec7fl-f2172546764r.jpg) ![21121 SE MORRISON St - Photo 24](http://lh.rdcpix.com/acdffb76be6f1f824b2207a88c76ec7fl-f369430988r.jpg) ![21121 SE MORRISON St - Photo 25](http://lh.rdcpix.com/acdffb76be6f1f824b2207a88c76ec7fl-f2751198173r.jpg) ![21121 SE MORRISON St - Photo 26](http://lh.rdcpix.com/acdffb76be6f1f824b2207a88c76ec7fl-f2363892656r.jpg) ![21121 SE MORRISON St - Photo 27](http://lh.rdcpix.com/acdffb76be6f1f824b2207a88c76ec7fl-f264247909r.jpg) ![21121 SE MORRISON St - Photo 28](http://lh.rdcpix.com/acdffb76be6f1f824b2207a88c76ec7fl-f254723771r.jpg) ![21121 SE MORRISON St - Photo 29](http://lh.rdcpix.com/acdffb76be6f1f824b2207a88c76ec7fl-f1249853250r.jpg) ![21121 SE MORRISON St - Photo 30](http://lh.rdcpix.com/acdffb76be6f1f824b2207a88c76ec7fl-f1019099593r.jpg) ![21121 SE MORRISON St - Photo 31](http://lh.rdcpix.com/acdffb76be6f1f824b2207a88c76ec7fl-f3695862411r.jpg) ![21121 SE MORRISON St - Photo 32](http://lh.rdcpix.com/acdffb76be6f1f824b2207a88c76ec7fl-f940191460r.jpg) ![21121 SE MORRISON St - Photo 33](http://lh.rdcpix.com/acdffb76be6f1f824b2207a88c76ec7fl-f235811845r.jpg) ![21121 SE MORRISON St - Photo 34](http://lh.rdcpix.com/acdffb76be6f1f824b2207a88c76ec7fl-f1003538143r.jpg) ![21121 SE MORRISON St - Photo 35](http://lh.rdcpix.com/acdffb76be6f1f824b2207a88c76ec7fl-f3928948128r.jpg) ![21121 SE MORRISON St - Photo 36](http://lh.rdcpix.com/acdffb76be6f1f824b2207a88c76ec7fl-f2272616980r.jpg) ![21121 SE MORRISON St - Photo 37](http://lh.rdcpix.com/acdffb76be6f1f824b2207a88c76ec7fl-f381938549r.jpg) ![21121 SE MORRISON St - Photo 38](http://lh.rdcpix.com/acdffb76be6f1f824b2207a88c76ec7fl-f1801282828r.jpg) ![21121 SE MORRISON St - Photo 39](http://lh.rdcpix.com/acdffb76be6f1f824b2207a88c76ec7fl-f2475674538r.jpg) ![21121 SE MORRISON St - Photo 40](http://lh.rdcpix.com/acdffb76be6f1f824b2207a88c76ec7fl-f1780811853r.jpg) ![21121 SE MORRISON St - Photo 41](http://lh.rdcpix.com/acdffb76be6f1f824b2207a88c76ec7fl-f117076598r.jpg) ![21121 SE MORRISON St - Photo 42](http://lh.rdcpix.com/acdffb76be6f1f824b2207a88c76ec7fl-f817455182r.jpg) --- **MLS#:** 131990721 | **Updated:** 2026-09-22 **Source:** listhub *Copyright © 2026 Regional Multiple Listing Services. All rights reserved. All information provided by the listing agent/broker is deemed reliable but is not guaranteed and should be independently verified.* [View on PropertySimple](https://www.propertysimple.ai/listing/21121-se-morrison-st-gresham-or-97030-31990721) --- ## Structured Data ```json { "@context": "https://schema.org", "@type": "RealEstateListing", "@id": "https://www.propertysimple.ai/listing/21121-se-morrison-st-gresham-or-97030-31990721#listing", "url": "https://www.propertysimple.ai/listing/21121-se-morrison-st-gresham-or-97030-31990721", "name": "21121 SE MORRISON St, Gresham, OR 97030", "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. 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