8818 SE RHONE ST Portland, OR 97266
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Price:
$0
Units:
3
Acres:
0.63
Unit 1:
2 Bed 1.0 Bath $1,110/mo
Unit 2:
3 Bed 1.0 Bath $1,795/mo
Unit 3:
1 Bed 1.0 Bath
MLS#:
562739450
Lot Size:
20,000 SqFt to .99 Acres
Type:
Multi
Zone:
RM1
Yr Built:
1942
Taxe/yr:
$8,388.48
County:
Multnomah
Status:
Active
Heat:
Forced Air
Nhood/Bldg:
LENTS
View:
Territorial
Elem:
Clark
Middle:
Harrison Park
High:
Leodis McDaniel
Lot Desc:
Level, Public Road
Area:
Portland Southeast
Courtesy of:
Realty Marketing / Northwest
Remarks:
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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