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$850,000

  • For Sale
  • Active
  • Single Family
  • 3 Beds
  • 3 Full Baths
  • 1,661 Sq. Ft.
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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!

Full Property Details for 9647 SW Capitol Hwy

General

  • Price: $850,000
  • Taxes: $4,263 (2024)
  • Status: Active
  • Type: Single Family
  • Source: RWMLS
  • MLS ID: 533610492
  • Updated: 9/19/2025
  • Added to Site: 124 day(s) ago

Interior

  • Interior Features: Engineered Hardwood, Hardwood Floors, High Ceilings, Laundry, Vinyl Floor, Washer/Dryer, Wood Floors
  • Appliances: Built-in Oven, Cooktop, Dishwasher, ENERGY STAR Qualified Appliances, Free-Standing Refrigerator, Microwave, Range Hood

Rooms

Bathrooms

  • Total Bathrooms: 3
  • Full Bathrooms: 3
  • Main - Full Baths: 3

Bedrooms

  • Total Bedrooms: 3
  • Primary Bedroom: Main
  • Bedroom 2: Main
  • Bedroom 3: Main

Exterior

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

Parking

  • Parking Features: Driveway

Location

  • County: Multnomah
  • Driving Directions: SW Taylors Ferry Rd

School Information

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

Community

  • Community Name: 148 - Portland NW/ SW/ S, Raleigh Hills

Heating & Cooling

  • Heating Type: Forced Air - 95+%
  • Heating Fuel: Gas

Utilities

  • Sewer: Public Sewer
  • Water: Public Water

Structural Information

  • Property Detached: Yes
  • Architectural Style: 1 Story, Bungalow
  • Basement Desc.: Partial Basement, Unfinished
  • Roof: Composition
  • Stories/Levels: 1
  • Square Feet: 1,661
  • Year Built: 1931
  • Property Condition: Resale

Lot Features

  • Lot Size (Acres): 0.11
  • Lot Size (Sq. Ft.): 4,791
  • Lot Size: 3, 000 to 4, 999 SqFt
  • Frontage: Paved

Financial Considerations

  • Tax Amount: $4,263.77
  • Tax Year: 2024
  • Terms: Cash, Conventional, FHA, VA Loan

Disclosures and Reports

  • Legal Description: WEST PORTLAND, BLOCK 72, LOT 5-8 TL 4100
  • Disclosures/Reports: Disclosure
  • Property ID: R302142

Listed by Kelly Right Real Estate of Portland, LLC (503) 719-6056, Jacob Serrill (503) 780-7521

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Listing agent

— 9647 SW Capitol Hwy —

  • Jacob Serrill

    Kelly Right Real Estate of Portland, LLC

    503-719-6056

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NMLS#: 1598647

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Save up to an additional 20% by bundling your home and auto together!

Be ready to buy your new home!

with our affiliated lender
NMLS#: 1598647

Get Pre-Approved

Find the right home insurance for your new home!

with our affiliated in-house agency

Request a Quote

Save up to an additional 20% by bundling your home and auto together!

Schools serving 9647 SW Capitol Hwy

School District:Portland School District 1j
NameGradesDistance
Capitol Hill Elementary School
8401 Southwest 17th Avenue, Portland, OR 97219
K-51.3 mi
Jackson Middle School
10625 Southwest 35th Avenue, Portland, OR 97219
6-80.6 mi
Ida B. Wells-Barnett High School
1151 Southwest Vermont Street, Portland, OR 97219
9-122.1 mi
Disclaimer: School attendance boundaries provided by Pitney Bowes and are for reference only. Contact the school directly to verify enrollment eligibility.

Price & Sales History for 9647 SW Capitol Hwy Get Price Alerts and Save Property

Date
Details
Price
Change
Source
9/17/2025
Listed
$850,000
139.44%
MLS
5/12/2023
Sold
$355,000
—
Public Record
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Disclaimer: Historical sales information is derived from public records provided by the county offices. Information is not guaranteed and should be independently verified.

Tax History for 9647 SW Capitol Hwy

Year
Property Taxes
Change
Tax Assessment
Change
2025
$4,423
4%
$164,290
3%
2024
$4,264
4%
$159,510
3%
2023
$4,100
4%
$154,870
6%
2021
$3,944
-2%
$145,990
-3%
2022
$4,011
2%
$150,360
6%
2021
$3,944
13%
$141,740
3%
2019
$3,485
3%
$137,620
3%
2018
$3,382
4%
$133,620
3%
2017
$3,242
9%
$129,730
3%
2016
$2,967
3%
$125,960
3%
2015
$2,889
2%
$122,300
3%
2014
$2,845
2%
$118,740
3%
2013
$2,780
—
$115,290
—
View All
Disclaimer: Historical tax information is derived from public records provided by the county offices. Information is not guaranteed and should be independently verified.

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Listed by Kelly Right Real Estate of Portland, LLC (503) 719-6056, Jacob Serrill (503) 780-7521

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9647 SW Capitol Hwy, Portland, OR 97219 (MLS# 533610492) is a Single Family property with 3 bedrooms and 3 full bathrooms. 9647 SW Capitol Hwy is currently listed for $850,000 and was received on September 17, 2025. Want to learn more about 9647 SW Capitol Hwy? Do you have questions about finding other Single Family real estate for sale in Ashcreek? You can browse all Ashcreek real estate or contact a Coldwell Banker agent to request more information.

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