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Listed by Realty Marketing / Northwest
-
Est. payment /mo
1,344 SqFt
New
8928 SE RHONE ST Portland, OR 97266
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Key Details
Property Type Multi-Family
Listing Status Active
Purchase Type For Sale
Square Footage 1,344 sqft
Subdivision Lents
MLS Listing ID 742052109
Year Built 1942
Annual Tax Amount $5,720
Tax Year 2025
Lot Size 9,147 Sqft
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.
Location
State OR
County Multnomah
Area _143
Zoning RM1
Interior
Heating Forced Air
Exterior
View Territorial
Roof Type Composition
Garage No
Building
Lot Description Level, Public Road
Story 1
Sewer Public Sewer
Water Public Water
Level or Stories 1
Schools
Elementary Schools Clark
Middle Schools Harrison Park
High Schools Leodis Mcdaniel
Others
Acceptable Financing Cash, Contract
Listing Terms Cash, Contract
Virtual Tour https://youtu.be/I0s9WZiImcQ
Nearby Locations
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