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About This Home

This 3-bedroom, 3-bathroom single family at 9647 SW CAPITOL Hwy in Portland, OR is listed for $850,000 ($512 per sqft). Built in 1931, the home offers 1,661 sqft of living space on a 0.11 acres lot.

Agent 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!

Key Features

  • Built in 1931
  • 0.11 acre lot

Property Details

1 story
3 full
1931

Monthly Cost Estimate

$4,546/mo

20% down · 6.5% · 30 years

Principal$615
Interest$3,683
Insurance$248

Estimates only. Actual payments may vary.

Location

9647 SW CAPITOL Hwy

Portland, OR 97219

Features & Amenities

Interior Features

EngineeredHardwoodHardwoodFloorsHighCeilingsLaundryVinylFloorWasherDryerWoodFloors

Exterior Features

FencedPatioPorchRaisedBedsYard

Property Details

Pool Features

PatioPorch

Heating

Forced Air

Appliances

BuiltinOvenCooktopDishwasherENERGYSTARQualifiedAppliancesFreeStandingRefrigeratorMicrowaveRangeHood

Questions & Answers

This 3-bedroom, 3-bathroom single family at 9647 SW CAPITOL Hwy is listed at $850,000 ($512/sqft). The estimated monthly payment is $3,683 based on 20% down at 6.5% interest.

Key features include: Built in 1931, 0.11 acre lot. Interior Features: EngineeredHardwood, HardwoodFloors, HighCeilings. Exterior Features: Fenced, Patio, Porch.

This property is listed by Jacob Serrill and can be reached at 5037807521 or jacobserrill@gmail.com.

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Jacob Serrill

Agent at Kelly Right Real Estate of Portland, LLC

(503) 780-7521

Listed by Kelly Right Real Estate of Portland, LLC · View on Broker Site

MLS# 533610492· Source: listhub· Updated 221 days ago

Copyright © 2026 Regional Multiple Listing Services. All rights reserved. All information provided by the listing agent/broker is deemed reliable but is not guaranteed and should be independently verified.

9647 SW CAPITOL Hwy, Portland, OR 97219

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