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$850,000
Listing Price3beds
3baths
961sqft
4,580sqft lot
9647 Sw Capitol Hwy, Portland, OR 97219
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Full foreclosure details
Home value, equity and ownership info
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For Sale
Off Market
Home type
Price / sqft
Year built
Home Details
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 performancerare to find in todays Portland market. The interiors have been thoughtfully renovated and come fully furnishedevery 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. Dont miss out on this exceptional, income-producing property with strong returns and unbeatable flexibility!
Interior Details
961
3
3
Has Heating:
Yes
Heating Type:
Forced Air With Air Conditioning
Has Cooling:
Yes
Cooling Type:
Central
Has Fuel:
Yes
Fuel Type:
Oil
Has Basement:
No
Basement Type:
Basement (unspecified)
Has Flooring:
No
Flooring Type:
N/A
Has Fireplace:
Yes
Fireplace Type:
N/A
Property Details
4580
No
Yes
Type:
N/A
Location:
N/A
Status:
N/A
Number of Spaces:
N/A
N/A
N/A
N/A
N/A
N/A
N/A
N/A
Construction Details
N/A
Wood
N/A
Hip
Composition Shingle
Tax History
Year
Amount
Land
Improvement
Percent Change
Assessment
2019
$3,484
$0
$0
--%
$141,740
2019
$3,484
$0
$0
--%
$137,620
2018
$3,382
$0
$0
--%
$133,620
2017
$3,241
$0
$0
--%
$129,730
2016
$2,966
$0
$0
--%
$125,960
2014
$2,845
$0
$0
--%
$118,740
2013
$2,779
$0
$0
--%
$115,290
2012
$2,514
$0
$0
--%
$111,940
Average Home Price in 97219
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