1. Oregon
2. Portland
3. 9647 Sw CAPITOL Hwy

9647 Sw CAPITOL Hwy, Portland, OR 97219

• 3 beds |
• 3 baths |
• 1,661 sqft

Property Description

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!

Listing Status:

Active

Date Added:

September 17, 2025 at 05:00AM

Listing Office:

Kelly Right Real Estate of Portland, LLC : 503-719-6056

Listing Agent:

Jacob Serrill : 503-780-7521

MLS ID:

533610492

Interior

• General: Engineered hardwoodHardwood floorsHigh ceilingsLaundryVinyl floorWasher dryerWood floors
• Appliances: Builtin ovenCooktopDishwasherEnergystar qualified appliancesFree standing refrigeratorMicrowaveRange hood
• Basement: Partial basementUnfinished
• Heating: Forced air 95 plus

Exterior

• General: Shake sidingFencedPatioPorchRaised bedsYard
• Style: Stories 1Bungalow
• Parking: DrivewayParking spaces: 0

Construction

• Roofing: Composition
• General: Concrete perimeter

Location

• Road/Access: Paved
• Originating MLS: Regional Multiple Listing ServiceInc.
• County: Multnomah

Lot

• Zoning: WEST PORTLANDBLOCK 72LOT 5-8 TL 4100R302142

Utilities

• Water: Public water
• Sewer: Public sewer

Financial

• Source: Regional Multiple Listing ServiceInc.

This listing courtesy of Jacob Serrill, Kelly Right Real Estate of Portland, LLC