NEW! Buy and sell safely with virtual options - Learn More
About the Listing RMNW01 - JROSENTH
These homes are offered together as part of a 13-property, 43-unit residential portfolio that is 98% leased, primarily located in Southeast and Northeast Portland, and will be sold via Sealed Bid Auction on June 3, 2026.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.
Listing Highlights
Status
Active
Days on Site
11
Property Type
Multi-Family
MLS ®
734569814
Year Built
1927
Total Square Footage
0
Lot/Acreage
0.44
County
Multnomah
Neighborhood
Powellhurst-Gilbert
Elementary School
Clark
Middle School
Harrison Park
High School
Leodis McDaniel
Interior Details
- Bedrooms: 15
- Bathrooms: 6 Full
- Appliances:
- Air Cond:
- Heating: Forced Air
- Fireplaces:
- Floor:
- Above Ground Sq Ft:
- Below Ground Sq Ft: n/a
- Basement:
- Other:
- Water: Public Water
Exterior Details
- Lot Description: Level
- Garage Capacity: 2 car
- Zoning: RM1
- Roof: Composition
- Others: Existing
- Sewer: Public Sewer
- Parking Features: Driveway
Financial Details
- Tax Amount: $10,008
- Taxes w/Assessments: N/A
- Tax/Property ID: R245057
- Tax Year: N/A
Payment Calculator
Monthly Payment
- in Principal and Interest
- in Taxes
Years
% Down Payment
% Mortgage Rate
Questions About..
9726 SE Clinton St Portland, OR 97266
Never Miss A New Property
Get notified any time there's a new home on the market in this neighborhood!
Don't worry! We'll never spam you or sell your details. You can unsubscribe whenever you'd like.
Listing Courtesy of -
