8928 SE Rhone Street, Portland, OR 97266

Local realty services provided by:Knipe Realty ERA Powered
Listed by: gabe terreson
Office: savi realty
MLS#:2530866
Source:NWMLS
8928 SE Rhone Street,Portland, OR 97266
$345,000
  • - Beds
  • - Baths
  • 1,344 sq. ft.
  • Multi-family
  • Active
Upcoming open houses
  • Sat, May 30
    10:00 am - 12:00 pm

Price summary

  • Price:$345,000
  • Price per sq. ft.:$256.7

About this home

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.

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Home facts

  • Year built:1942
  • Listing ID #:2530866
  • Updated:May 29, 2026 at 11:01 AM

Rooms and interior

  • Living area:1,344 sq. ft.

Heating and cooling

  • Heating:Forced Air

Structure and exterior

  • Roof:Composition
  • Year built:1942
  • Building area:1,344 sq. ft.
  • Lot area:0.21 Acres
  • Construction Materials:Cement Planked

Schools

  • High school:Leodis V. McDaniel High

Utilities

  • Sewer:Sewer Connected

Finances and disclosures

  • Price:$345,000
  • Price per sq. ft.:$256.7
  • Tax amount:$5,720 (2025)

Parking

  • Total parking spaces:4
  • Garage:Yes
  • Garage spaces:2
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