9726 SE CLINTON ST, Portland, OR 97266

-$1

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List Price
$-1
Days on Market
99
MLS#
734569814
Property Type
Multifamily
Lot Size
15, 000 to 19, 999 SqFt
Region
Portland Southeast
Status
ACTIVE

Property Description

Still available from June 3rd Sealed Bid Auction. This offering includes three leased single-family homes situated on an 18,975± sq. ft. corner tax lot at SE 98th and SE Clinton, just east of I-205 near the SE Division Street exit in the Powellhurst-Gilbert neighborhood. The RM1 zoning allows for additional development, with a vacant portion of the lot providing potential for a duplex or fourplex.Two of the homes feature three bedrooms and one bathroom, while the corner home offers two bedrooms and one bathroom. Built in the late 1920s, all three homes have been well maintained by the seller. Two tenants have occupied their units for over two years on month-to-month leases, and one tenant is on a fixed-term lease. Projected 2026 gross income is $70,344, with real estate taxes of $10,008. The landlord covers trash service. This property offers a rare opportunity to acquire multiple income-producing homes with stable tenancy and future development potential on a single tax lot.

Additional Information

Tax Amount
$10,008
Year Built
1927
High School
Leodis McDaniel
Elementary School
Clark
Middle School
Harrison Park
Garage Spaces
2
Acres
0.44
Stories
1
Subdivision
POWELLHURST-GILBERT
Terms
Cash
Fuel Description
Electricity
Heating Description
Forced Air
Hoa Rent Includes
Trash Collection
Exterior Description
Wood Siding
Roof Type
Composition
Sewer Description
Public Sewer
View
Territorial
Parking
Driveway
Parking Description
Driveway
Number Of Units Total
6
Unit Type One Baths Total
1
Unit Type One Beds Total
3
Unit Type One Rent
1995
Unit Type One Sq Ft
1200
Unit Type One Units Total
1
Unit Type Two Baths Total
1
Unit Type Two Beds Total
3
Unit Type Two Units Total
2
Unit Type Three Baths Total
1
Unit Type Three Beds Total
2
Unit Type Three Rent
1880
Unit Type Three Sq Ft
1000
Unit Type Three Units Total
3

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Calculator source: Real Geeks

Listing courtesy of Realty Marketing / Northwest.

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