8818 SE Rhone Street, Portland, OR 97266

Local realty services provided by:Imagine Realty ERA Powered
Listed by: gabe terreson
Office: savi realty
MLS#:2530891
Source:NWMLS
8818 SE Rhone Street,Portland, OR 97266
$45,000
  • - Beds
  • - Baths
  • - sq. ft.
  • Multi-family
  • Active
Upcoming open houses
  • Sat, May 30
    01:00 am - 03:00 pm

Price summary

  • Price:$45,000

About this home

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.

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Home facts

  • Year built:1942
  • Listing ID #:2530891
  • Updated:May 29, 2026 at 11:01 AM

Heating and cooling

  • Heating:Forced Air

Structure and exterior

  • Roof:Composition
  • Year built:1942
  • Lot area:0.63 Acres
  • Construction Materials:Cement Planked

Schools

  • High school:Leodis V. McDaniel High

Utilities

  • Sewer:Sewer Connected

Finances and disclosures

  • Price:$45,000
  • Tax amount:$8,338 (2025)

Parking

  • Total parking spaces:7
  • Garage:Yes
  • Garage spaces:2
  • Carport spaces:1
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