It's in the top 10% of views. Tour it before it's gone!
Tomorrow:
About this home
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!
Powellhurst-Gilbert, located between SE Powell Blvd and SE Foster Rd, is a residential and commercial Portland neighborhood with broad arterial streets and a patchwork of postwar ranch homes. The neighborhood’s energy concentrates around the SE 122nd Ave and SE Powell Blvd crossroads, where taquerias, international groceries, and practical storefronts set a working-day rhythm. Mid-century houses sit beside newer infill, with long driveways, mature street trees, and small apartment courts. Ed Benedict Park adds ballfields and open lawns that shape daily routines. Leach Botanical Garden brings a quieter, wooded counterpoint along Johnson Creek. The Springwater Corridor Trail threads the edge for bike commutes and weekend loops.
Provided by Walk Score and Local Logic
Market insights
9726 SE Clinton St · $849,000
DAYS ON MARKET
1 days
The average home goes pending in 26 days.
SALE-TO-LIST
99.7%
Most homes are selling 0% below list price.
LIST PRICE
$849,000
Median sale price in this area is $543,875. (36% lower than this home)
PRICE DROP
0 price drops
28% of homes in this area have had a price drop in the past month.
Property details
Interior
Exterior
Finance
Kitchen
Bathroom
Bedroom
Living
Dining
Bedrooms
8 bedrooms across three units
Bathrooms
3 bathrooms across three units
Exterior features
Level lot
Paved road
Home design
Three-unit multifamily property
Parking
Driveway
2 garage spaces
Construction
Built in 1927
Wood siding
Composition roof
Concrete perimeter and stem wall foundation
Utilities
Public water
Public sewer
Electricity
Financial info
Unit rents: $1,995, $1,987, and $1,880
6.7% cap rate
12.07 gross rent multiplier
Electricity and solar
View estimated energy costs and solar savings for this home
The RM1 zone is a low-scale multi-dwelling zone that is generally applied in locations intended to provide a transition in scale to single-dwelling residential areas, such as the edges of mixed-use centers and civic corridors, and along or near neighborhood corridors. Allowed housing is characterized by one to three story buildings that relate to the patterns of residential neighborhoods, but at a somewhat larger scale and building coverage than allowed in the single-dwelling zones. The major types of new development will be duplexes, triplexes, rowhouses, courtyard housing, small apartment buildings, and other relatively small-scale multi-dwelling and small-lot housing types that are compatible with the characteristics of Portland's residential neighborhoods.
Permitted uses
Include but are not limited to:
Housing
Housing-Group
Housing-Single unit
Housing-Multiple units
Housing-Senior
Apr 27, 2023 • Final
Electrical
Electrical
Oct 17, 2017 • Final
Housing
Bathroom
Electrical
Remodel
Permit history is from public records and may be incomplete or inaccurate. Redfin and its agents make no representations about the property condition or permit status. Buyers should independently verify all information.
Climate risks
1/10 Flood Factor
Minimal risk of a flood reaching the building in the next 30 years
1/10 Fire Factor
Unlikely to be in a wildfire in next 30 years
3/10 Heat Factor
7 days above 92° expected this year, 15 days in 30 years
1/10 Wind Factor
Minimal risk of severe winds over next 30 years
10/10 Air Factor
19 unhealthy days expected this year, 21 days in 30 years
Provided by First Street
Historical weather
Portland, OR • 97266
Average low and high temperatures (°F)
48
36
50
37
58
43
66
45
71
49
78
53
84
58
85
61
77
56
62
46
53
44
51
42
Jan
Feb
Mar
Apr
May
Jun
Jul
Aug
Sep
Oct
Nov
Dec
Sun exposure
92/ 100
Exceptional sunlight
Sunscore
This home ranks in the top 7% for direct sun exposure in Portland. There appears to be minimal shading by surrounding buildings, terrain, and vegetation.
11 hrs
4.4 hrs
JuneDecember
Provided by Shadowmap
Redfin Estimate for 9726 SE Clinton St
We cannot show automated home-value estimates for this home.
Nearby homes have recently sold between $425,000 and $603,960.
Nearby comparable homes
The Redfin Estimate uses 6 recent nearby sales, priced between $425K to $604K.