Listing provided courtesy of Kelly Right Real Estate of Portland, LLC- MLS# 533610492MLS Provider

9647 SW CAPITOL HWYPortland, OR 97219

Single Family · 3 Beds · 3 Full Baths · 1,661 Sq. ft. | 0.11 Acres
$850,000 Active

9647 SW CAPITOL HWY Overview

Time on Site:
283 days
Visits:
24

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!

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9647 SW CAPITOL HWY Facts & Features

  • Type Single Family
  • Sq. ft. 1,661
  • Price/Sq.ft. $512
  • Lot 0.11 Acres

Details

General

School Information

  • Elementary School: Capitol Hill
  • Middle Or Junior School: Jackson
  • High School: Ida B Wells

Building Information

  • Year Built: 1931

Location/Region

  • Country: US
  • County Or Parish: Multnomah
  • MLS Area Major: 148 - Portland NW/ SW/ S, Raleigh Hills

Tax Information

  • Tax Annual Amount: 4263.77
  • Tax Year: 2024

General Information

  • Disclosures: Disclosure
  • Listing Terms: Cash,Conventional,FHA,VA Loan
  • Parcel Number: R302142
  • Property Condition: Resale
  • Property Sub Type: Single Family Residence
  • Property Type: Residential

Interior

Parking Information

  • Garage Spaces: 0

Beds/Baths

  • Bathrooms Full: 3
  • Bathrooms Partial: 0
  • Bathrooms Total: 3
  • Bedrooms Total: 3

Building Interior

  • Building Area Total: 1661.0

General Information

  • Appliances: Built-in Oven,Cooktop,Dishwasher,ENERGY STAR Qualified Appliances,Free-Standing Refrigerator,Microwave,Range Hood
  • Basement: Partial Basement,Unfinished
  • Foundation Details: Concrete Perimeter
  • Heating: Forced Air95Plus
  • Interior Features: Engineered Hardwood,Hardwood Floors,High Ceilings,Laundry,Vinyl Floor,Washer/Dryer,Wood Floors
  • Stories: 1

Exterior

Parking Information

  • Parking Features: Driveway
  • Parking Total: 0

Lot Information

  • Lot Size Acres: 0.11
  • Lot Size Square Feet: 4791.0
  • Road Surface Type: Paved
  • Water Source: Public Water

Building Exterior/Construction

  • Architectural Style: 1 Story,Bungalow
  • Roof: Composition

General Information

  • Exterior Features: Fenced,Patio,Porch,Raised Beds,Yard
  • Sewer: Public Sewer

9647 SW CAPITOL HWY Neighborhood

Community

97219 (Portland) Demographics

41
Median Age
3,599
Population Density (per sq. mile)
73%
College Educated
$104,392
Estimated Median Income
12,811
Estimated Total Home Owners
4,883
Estimated Total Renters
72% / 28%
Estimated Owner / Renter Divide
2
Estimated Average Household Size
Community data courtesy of LiveBy, Inc.

Schools

School data courtesy of LiveBy, Inc. School ratings are based on a scale of 1-5, with 5 being the highest rating and 1 being the lowest rating.

9647 SW CAPITOL HWY Monthly Cost

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* All calculations are estimates and provided by Reliance Network, for informational purposes only. Actual amounts may vary. ** Assumes 6.50% APR, 20% down payment, and conventional 30-year fixed rate first mortgage. Rates cited are for instructional purposes only; current rates are subject to change at any time without notice. You should not make any decisions based simply on the information provided. Additional required amounts such as taxes, insurance, homeowner association dues, assessments, mortgage insurance premiums, flood insurance or other such required payments should also be considered. Contact your mortgage company for current rates and additional information. Any mortgage broker or insurance agent that may appear is independent and is not affiliated with, endorsed by, or provided by the MLS.

9647 SW CAPITOL HWY Market Data

Based on the last 30 days in this zip code

$833,937
Average List Price
$358
Average Price per Square Foot
55
Properties Sold
71
Average Days on Market
284
Properties for Sale
Calculations provided by Reliance Network

9647 SW CAPITOL HWY History

Date Event Value Agent
9/19/2025Source: Regional MLS Added to Database
September 19, 2025