8818 SE RHONE ST, Portland, OR 97266
- $555,000
- Sold Price
- $555,000
- List Price
- $?
- Closing Date
- Aug 07, 2026
- Days on Market
- 108
- MLS#
- 562739450
- Property Type
- Multifamily
- Lot Size
- 20, 000 SqFt to .99 Acres
- Region
- Portland Southeast
- Status
- SOLD
Property Description
These three home are being offered together as part of a 13-property, 43-unit residential portfolio that is 98% leased. Primarily located in Southeast and Northeast Portland, the portfolio is being sold via Sealed Bid Auction on June 3, 2026.All three homes and the vacant land are on a 27,352± Sq. Ft. tax lot. RM1 zoning could allow a duplex on the undeveloped portion of the property so new owner could expand rental income to five units. The small home has been renovated and is currently being used as an office by the Seller. Projected 2026 gross income is $34,860 and could be increased by $1,000± a month with leasing of home currently used as office. Real estate taxes are $8,388. Landlord is responsible for trash.
Additional Information
- Tax Amount
- $8,388
- Year Built
- 1942
- High School
- Leodis McDaniel
- Elementary School
- Clark
- Middle School
- Harrison Park
- Acres
- 0.63
- Subdivision
- LENTS
- Terms
- Cash, Contract
- Fuel Description
- Electricity
- Heating Description
- Forced Air
- Hoa Rent Includes
- Trash Collection
- Exterior Description
- Cement Siding, Lap Siding
- Roof Type
- Composition
- Sewer Description
- Public Sewer
- View
- Territorial
- Parking
- Carport, Driveway
- Parking Description
- Carport, Driveway
- Number Of Units Total
- 3
- Unit Type One Baths Total
- 1
- Unit Type One Beds Total
- 2
- Unit Type One Rent
- 1110
- Unit Type One Sq Ft
- 600
- Unit Type One Units Total
- 1
- Unit Type Two Baths Total
- 1
- Unit Type Two Beds Total
- 3
- Unit Type Two Units Total
- 1
- Unit Type Three Baths Total
- 1
- Unit Type Three Beds Total
- 1
- Unit Type Three Sq Ft
- 575
- Unit Type Three Units Total
- 1
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Listing courtesy of Realty Marketing / Northwest. Selling Office: Non Rmls Broker.
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.