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.

Source: Regional MLS, MLS#: 734569814