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.
- 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.
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.