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Description Open House Details Location Market Trends Schools Recent Sales
$850,000 Est. $3,130 / mo.*

9647 Sw Capitol Hwy Portland , OR 97219

Listing courtesy of Kelly Right Real Estate of Portland, LLC.

Description

3 Beds
3 Baths
1,661 Sqft
4,791 Sqft lot
0.11 Acre lot
Status: Active
Property Type: Singlefamilyresidence
Year Built: 1931
Days on Website: 145
This single-family home has been reimagined into three separate living spaces, all of which are fully permitted and approved for year-round short-term rental use. While not permitted as a triplex, the property operates legally and successfully as an Airbnb, offering incredible flexibility and consistent performance. With proven, high occupancy rates and financials accurately reflected in RMLS from the past year of operation, this is a true cash-flow powerhouse. Currently operating as an Airbnb, the property generates $115,000 in annual revenue, with approximately $30,000 in expenses, netting an impressive $85,000 per year. At the $850,000 asking price, that equates to a 10%+ cap rate based on actual performance—rare to find in today’s Portland market. The interiors have been thoughtfully renovated and come fully furnished—every piece of furniture and fixture is included in the sales price, making this an effortless, turnkey investment. Whether you choose to live in one unit and let the other two offset your living costs, or maximize returns by renting the entire property, this is a standout opportunity in the heart of SW Portland. Don’t miss out on this exceptional, income-producing property with strong returns and unbeatable flexibility!

Open House

Property Details and Features

Property Access
Road Surface Type:
Paved
Appliances & Equipment
Appliances:
BuiltinOven,Cooktop,Dishwasher,ENERGYSTARQualifiedAppliances,FreeStandingRefrigerator,Microwave,RangeHood
Basement
Basement:
PartialBasement,Unfinished
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Contact an Agent

Ted Williams

971 373-8294

Location

$850,000 -
9647 Sw Capitol Hwy Portland , OR 97219
MLS Area Major: _148

Street View

Nearby Schools

Recent Sales in the Area

This content last updated on February 11, 2026 3:45PM. Some properties which appear for sale on this web site may subsequently have sold or may no longer be available.

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