Portland · Commercial sale

10th & Morrison Building buy 1018 SW Morrison St in Portland for $2.7 million

A retail building at 1018 SW Morrison St, Portland sold for $2,700,000 on August 24, 2026. See the seller and buyer net sheets for this sale.

Aerial view of 1018 SW Morrison St, Portland with the parcel outlined
Aerial photo: U.S. Geological Survey. Parcel outline: Multnomah County Assessor. The photo can predate the sale.
Sale price
$2,700,000
Sold
August 24, 2026
Property type
Retail building
Building area
11,252 sq ft
Price per sq ft
$240
Year built
1910

A retail building at 1018 SW Morrison St in Portland sold for $2,700,000, 27% below its recorded market value of $3,717,480, according to the Multnomah County Assessor's sales records.

The records list 10th & Morrison Building LLC as the buyer. The sale closed August 24, 2026.

Assessor's records show 11,252 square feet of building area, a 1910 construction date and a 13,420-square-foot lot. The price works out to $240 per square foot.

What this sale costs to close

What does closing cost at this price? Under Multnomah County custom the seller's larger charges are $6,060 for the owner's title insurance policy and $650 for the escrow fee. The seller's estimated net is $2,689,568 before brokerage commissions and any loan payoff. A cash buyer would need about $2,697,084 at closing.

Customize this net sheet

1018 SW Morrison St, Portland, OR.

Source: Multnomah County Assessor, via PortlandMaps taxlots, document R246571-20260824. Property details: Multnomah County Assessor. Net sheets are estimates from the NetSheet.org rules engine, not the parties' actual closing statements. Request a correction or removal.

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