8821 SE RHONE ST, Portland, OR 97266
- $325,000
- Sold Price
- $325,000
- List Price
- $?
- Closing Date
- Jul 17, 2026
- Days on Market
- 67
- MLS#
- 222148169
- Property Type
- Multifamily
- Lot Size
- 15, 000 to 19, 999 SqFt
- Region
- Portland Southeast
- Status
- SOLD
Property Description
This property includes two single family homes (8821 and 8827 SE Rhone Street)and is being offered as part of a 13-property, 43-unit residential portfolio that is 98% leased. The portfolio is being sold via Sealed Bid Auction on June 3, 2026. These two small homes are located on a 18,445± Sq. Ft. tax lot and share an access drive. Both homes are in fair condition and provide opportunity to redevelop the entire parcel with up to 8 units, based on zoning.Home at 8821 SE Rhone is 2 bedroom 1 bath. Home at 8827 is 3 bedroom 1 bath. Both tenants have been leasing for 4 years. Projected gross 2026 income is $34,620. Real estate taxes are $4,916. Landlord pays for trash. Bids due June 3, 2026.
Additional Information
- Tax Amount
- $4,916
- Year Built
- 1942
- High School
- Leodis McDaniel
- Elementary School
- Clark
- Middle School
- Harrison Park
- Acres
- 0.42
- Stories
- 1
- Subdivision
- LENTS
- Terms
- Cash, Owner Will Carry
- Cooling Description
- None
- Fuel Description
- Electricity
- Heating Description
- Forced Air
- Hoa Rent Includes
- Trash Collection
- Hot Water Description
- Electricity
- Exterior Description
- Wood Siding
- Roof Type
- Composition
- Sewer Description
- Public Sewer
- View
- Territorial
- Parking
- Driveway
- Parking Description
- Driveway
- Road Surface
- Gravel
- Number Of Units Total
- 2
- Unit Type One Baths Total
- 1
- Unit Type One Beds Total
- 2
- Unit Type One Rent
- 1460
- Unit Type One Sq Ft
- 546
- Unit Type One Units Total
- 1
- Unit Type Two Baths Total
- 1
- Unit Type Two Beds Total
- 3
- Unit Type Two Units Total
- 1
Mortgage Calculator
Listing courtesy of Realty Marketing / Northwest. Selling Office: MORE Realty.
The content relating to real estate for sale on this site comes in part from the IDX program of the RMLS of Portland, Oregon. Real Estate listings held by brokerage firms other than this firm are marked with the RMLS logo, and detailed information about these properties include the name of the listing's broker. Listing content is copyright © 2026 RMLS of Portland, Oregon. All information provided is deemed reliable but is not guaranteed and should be independently verified. This content last updated on . Some properties which appear for sale on this web site may subsequently have sold or may no longer be available.