8928 SE RHONE ST, Portland, OR 97266
- $345,000
- 1,344
- SqFt
- Sold Price
- $345,000
- List Price
- $?
- Closing Date
- Aug 07, 2026
- Days on Market
- 108
- MLS#
- 742052109
- Property Type
- Multifamily
- Sqft. of Residence
- 1,344
- Lot Size
- 7, 000 to 9, 999 SqFt
- Region
- Portland Southeast
- Status
- SOLD
Property Description
This duplex is offered as part of a 13-property, 43-unit residential portfolio that is 98% leased and primarily located throughout Southeast and Northeast Portland. The portfolio will be sold via Sealed Bid Auction on June 3, 2026.The property is a leased duplex located at the end of SE Rhone on a 9,010± sq. ft. lot. Built in 1942, both units feature 2 bedrooms and 1 bathroom and have been well maintained by the seller. There is an opportunity to acquire the adjacent property—also owned by the seller—which includes two leased homes, one vacant studio, and additional land that may support development of a duplex, creating potential for added scale and value. Projected 2026 gross income is $33,060, with real estate taxes of $5,720. Landlord currently pays water, sewer, trash, and landscaping. This offering provides stable in-place income with the potential to expand and enhance long-term returns in a desirable Southeast Portland location.
Additional Information
- Tax Amount
- $5,720
- Year Built
- 1942
- High School
- Leodis McDaniel
- Elementary School
- Clark
- Middle School
- Harrison Park
- Acres
- 0.21
- Living Area
- 1,344
- Stories
- 1
- Subdivision
- LENTS
- Terms
- Cash, Contract
- Fuel Description
- Electricity
- Heating Description
- Forced Air
- Hoa Rent Includes
- Maintenance Grounds, Sewer, Trash Collection, Water
- Exterior Description
- Lap Siding
- Roof Type
- Composition
- Sewer Description
- Public Sewer
- View
- Territorial
- Parking
- Driveway, Garage
- Parking Description
- Driveway, Garage
- Road Surface
- Paved
- 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
- 672
- Unit Type One Units Total
- 1
- Unit Type Two Baths Total
- 1
- Unit Type Two Beds Total
- 2
- Unit Type Two 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.