# 5135 SE MORRISON St, Portland, OR 97215 > **TL;DR:** 2bd/3ba residential multi family, $1,249,900 ($430/sqft), built 2026, 2,904 sqft. > A/C. Est. $6,685/mo. Listed 83 days. ## Property at a Glance | Attribute | Value | |-----------|-------| | Price | $1,249,900 | | Price/sqft | $430 | | Bedrooms | 2 | | Bathrooms | 3 full | | Square Feet | 2,904 | | Year Built | 2026 | | Lot Size | 3,049 sqft (0.07 acres) | | Stories | 2 | | Property Type | Residential Multi Family (Other) | | Status | Active | | Days on Market | 83 | ## Estimated Monthly Costs | Category | Amount | |----------|--------| | Principal & Interest (20% down, 30-year at 6.5%) | $6,320 | | Estimated Insurance | $365 | | **Total** | **$6,685** | ## Nearby Schools - **Elementary:** Glencoe - **Middle:** Mt Tabor - **High:** Franklin ## Key Amenities - A/C ## Property Highlights - Built in 2026 - 0.07 acre lot - 2 stories ## Description ### Agent Description Add three brand new residences to your portfolio with this thoughtfully planned Mt. Tabor triplex. The property includes three separately addressed 2 bedroom, 2 1/2 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. ## Location - **Address:** 5135 SE MORRISON St, Portland, OR 97215 - **County:** Multnomah - **Neighborhood:** MT TABOR - **Coordinates:** 45.517586, -122.610205 - **Google Maps:** https://www.google.com/maps?q=45.517586,-122.610205 ## Listing Agent - **Name:** Darryl Bodle - **Brokerage:** Keller Williams Realty Portland Premiere - **Broker Phone:** (503) 880-4905 - **Listing URL:** [View original listing](https://www.realtor.com/realestateandhomes-detail/5131-SE-Morrison-St_Portland_OR_97215_M12314-29150?f=listhub&s=RMLSOR&m=472671851&c=propsimple) ## Photos ![5135 SE MORRISON St - Photo 1](http://lh.rdcpix.com/1dc0100ae05561c00c84b2e733c9854fl-f369985670r.jpg) ![5135 SE MORRISON St - Photo 2](http://lh.rdcpix.com/1dc0100ae05561c00c84b2e733c9854fl-f1933242340r.jpg) ![5135 SE MORRISON St - Photo 3](http://lh.rdcpix.com/1dc0100ae05561c00c84b2e733c9854fl-f3929136338r.jpg) ![5135 SE MORRISON St - Photo 4](http://lh.rdcpix.com/1dc0100ae05561c00c84b2e733c9854fl-f31900832r.jpg) ![5135 SE MORRISON St - Photo 5](http://lh.rdcpix.com/1dc0100ae05561c00c84b2e733c9854fl-f3256269376r.jpg) ![5135 SE MORRISON St - Photo 6](http://lh.rdcpix.com/1dc0100ae05561c00c84b2e733c9854fl-f2431609898r.jpg) ![5135 SE MORRISON St - Photo 7](http://lh.rdcpix.com/1dc0100ae05561c00c84b2e733c9854fl-f3103150081r.jpg) ![5135 SE MORRISON St - Photo 8](http://lh.rdcpix.com/1dc0100ae05561c00c84b2e733c9854fl-f2687087685r.jpg) ![5135 SE MORRISON St - Photo 9](http://lh.rdcpix.com/1dc0100ae05561c00c84b2e733c9854fl-f3598074518r.jpg) ![5135 SE MORRISON St - Photo 10](http://lh.rdcpix.com/1dc0100ae05561c00c84b2e733c9854fl-f2790478734r.jpg) ![5135 SE MORRISON St - Photo 11](http://lh.rdcpix.com/1dc0100ae05561c00c84b2e733c9854fl-f1509693041r.jpg) ![5135 SE MORRISON St - Photo 12](http://lh.rdcpix.com/1dc0100ae05561c00c84b2e733c9854fl-f4089297005r.jpg) ![5135 SE MORRISON St - Photo 13](http://lh.rdcpix.com/1dc0100ae05561c00c84b2e733c9854fl-f3550527624r.jpg) ![5135 SE MORRISON St - Photo 14](http://lh.rdcpix.com/1dc0100ae05561c00c84b2e733c9854fl-f3179564331r.jpg) ![5135 SE MORRISON St - Photo 15](http://lh.rdcpix.com/1dc0100ae05561c00c84b2e733c9854fl-f4187998058r.jpg) ![5135 SE MORRISON St - Photo 16](http://lh.rdcpix.com/1dc0100ae05561c00c84b2e733c9854fl-f2064896766r.jpg) ![5135 SE MORRISON St - Photo 17](http://lh.rdcpix.com/1dc0100ae05561c00c84b2e733c9854fl-f614877251r.jpg) ![5135 SE MORRISON St - Photo 18](http://lh.rdcpix.com/1dc0100ae05561c00c84b2e733c9854fl-f2674098173r.jpg) ![5135 SE MORRISON St - Photo 19](http://lh.rdcpix.com/1dc0100ae05561c00c84b2e733c9854fl-f37165814r.jpg) ![5135 SE MORRISON St - Photo 20](http://lh.rdcpix.com/1dc0100ae05561c00c84b2e733c9854fl-f1971855934r.jpg) ![5135 SE MORRISON St - Photo 21](http://lh.rdcpix.com/1dc0100ae05561c00c84b2e733c9854fl-f3644288742r.jpg) ![5135 SE MORRISON St - Photo 22](http://lh.rdcpix.com/1dc0100ae05561c00c84b2e733c9854fl-f1918854478r.jpg) ![5135 SE MORRISON St - Photo 23](http://lh.rdcpix.com/1dc0100ae05561c00c84b2e733c9854fl-f2317217012r.jpg) ![5135 SE MORRISON St - Photo 24](http://lh.rdcpix.com/1dc0100ae05561c00c84b2e733c9854fl-f1524739381r.jpg) ![5135 SE MORRISON St - Photo 25](http://lh.rdcpix.com/1dc0100ae05561c00c84b2e733c9854fl-f1093791513r.jpg) ![5135 SE MORRISON St - Photo 26](http://lh.rdcpix.com/1dc0100ae05561c00c84b2e733c9854fl-f2857766430r.jpg) ![5135 SE MORRISON St - Photo 27](http://lh.rdcpix.com/1dc0100ae05561c00c84b2e733c9854fl-f3953242810r.jpg) ![5135 SE MORRISON St - Photo 28](http://lh.rdcpix.com/1dc0100ae05561c00c84b2e733c9854fl-f1159292251r.jpg) ![5135 SE MORRISON St - Photo 29](http://lh.rdcpix.com/1dc0100ae05561c00c84b2e733c9854fl-f3877400978r.jpg) ![5135 SE MORRISON St - Photo 30](http://lh.rdcpix.com/1dc0100ae05561c00c84b2e733c9854fl-f1426015070r.jpg) --- **MLS#:** 472671851 | **Updated:** 2026-11-01 **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://staging.propertysimple.ai/listing/5135-se-morrison-st-portland-or-97215-3256301db5f74f729ec94be16a0ca217) --- ## Structured Data ```json { "@context": "https://schema.org", "@type": "RealEstateListing", "@id": "https://staging.propertysimple.ai/listing/5135-se-morrison-st-portland-or-97215-3256301db5f74f729ec94be16a0ca217#listing", "url": "https://staging.propertysimple.ai/listing/5135-se-morrison-st-portland-or-97215-3256301db5f74f729ec94be16a0ca217", "name": "5135 SE MORRISON St, Portland, OR 97215", "description": "Add three brand new residences to your portfolio with this thoughtfully planned Mt. Tabor triplex. The property includes three separately addressed 2 bedroom, 2 1/2 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. 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