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!