REQUEST A TOUR If you would like to see this home without being there in person, select the "Virtual Tour" option and your agent will contact you to discuss available opportunities.
In-PersonVirtual Tour

Listed by Savi Realty, Inc.
$ 849,000
Est. payment | /mo
8 Beds
3 Baths
3,436 SqFt
$ 849,000
Est. payment | /mo
8 Beds
3 Baths
3,436 SqFt
Key Details
Property Type Multi-Family
Listing Status Active
Purchase Type For Sale
Square Footage 3,436 sqft
Price per Sqft $247
Subdivision Powellhurst-Gilbert
MLS Listing ID 379749404
Bedrooms 8
HOA Y/N No
Year Built 1927
Annual Tax Amount $10,008
Tax Year 2025
Lot Size 0.440 Acres
Property Description
Unique opportunity with investment upside! Three homes on one 0.44-acre (approx. 18,975 sq ft) corner tax lot at SE 98th & Clinton, with additional land that could be developed under RM1 zoning. RM1 allows duplexes, triplexes, rowhouses and small apartment buildings, so there's room to add units and grow your income. Two 3-bedroom homes and one 2-bedroom home are all currently leased and well maintained by the seller. Projected 2026 gross income is $70,344. Can be financed as a triplex. The location is a renter favorite in the Powellhurst-Gilbert neighborhood, just east of I-205 near the SE Division exit. You're close to the MAX Green Line, frequent bus service on Division, and the I-205 bike and walking path. Shopping, groceries and the many restaurants along SE Division and 82nd Ave are minutes away, as is Mall 205. Strong income now and room to build for the future. Don't miss this one!
Location
Province OR
County Multnomah
Area _143
Zoning RM1
Interior
Heating Forced Air
Exterior
Garage Spaces 2.0
Roof Type Composition
Garage No
Building
Lot Description Level
Story 1
Foundation Concrete Perimeter, Stem Wall
Sewer Public Sewer
Water Public Water
Level or Stories 1
Schools
Elementary Schools Clark
Middle Schools Harrison Park
High Schools Leodis Mcdaniel
Others
Acceptable Financing Cash, Conventional
Listing Terms Cash, Conventional









