8818 SE RHONE ST
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8818 SE RHONE ST

Portland, OR, 97266 Bedrooms6 Baths3.0

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8818 SE RHONE ST, Portland, OR 97266 - Image 1
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Multi-Family Home for sale in Portland, OR

with 6 bedrooms and 3 full baths. This home was built in 1942 on a lot size of 0.63.

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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Multi-Family Active

Price

$ 0

Bedrooms

6

Full Bath

3

Property Type

Multi-Family

Taxes

$ 8,388

Style

Lot Size

0.63

Year Built

1942

Town/City

Portland

County/Region

Multnomah

MLS | Web ID

562739450
Features
General
Sewer PublicSewer
Heating ForcedAir
Roof Composition
Zoning RM1
Year Built 1942
Tax Year 2025
Parcel Number R249259
Gross Income 34860.0
County Multnomah
Net Operating Income 23809.0
Operating Expense 11051.0
Property Type MultiFamily
HOA N
Subdivision Name LENTS
Rent Includes TrashCollection
Status Active
Directions SE Rhone Street
High School Leodis McDaniel
City Portland
Disclosures Disclosure
Number Of Units Total 3
MLS Area _143
Lot Size Square Feet 27442.0
Listing Terms Cash Contract
Elementary School Clark
Tax Annual Amount 8388.48
Middle/Junior High School Harrison Park
Property Condition Existing
Virtual Tour https://youtu.be/I0s9WZiImcQ
Standard Status Active
Accessory Dwelling Unit Y/N N
Legal Description POWELL GARDENS S 1/2 OF LOT 9 LOT 10-12 EXC S 100'
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Exterior
Parking Features Carport Driveway
Lot Features Level PublicRoad
Water Source PublicWater
Exterior Description CementSiding LapSiding
Lot Size Acres 0.63
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Interior
Unit 1 Baths Total 1
Unit 1 Beds Total 2
Unit 2 Baths Total 1
Unit 2 Beds Total 3
Unit 3 Baths Total 1
Unit 3 Beds Total 1
Unit Type UnitTypeType1 UnitTypeType2 UnitTypeType3
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Internal Only
Street Number 1 8818
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* Excluded Features
List By
Realty Marketing / Northwest

Broker

colleen@rmnw-auctions.com

Email

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$699
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Monthly Property Taxes
$699
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Default based on a 30-year fixed rate of 6.25% with 20% down. The estimated payment is offered for convenience and is not an offer of credit. Due to market fluctuations, interest rates are subject to change at any time and without notice. Your individual rate may vary. Rates may differ for FHA, VA or jumbo loans.
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Nearby
4589751 Elementary School
3296986 Middle School
Leodis McDaniel High School High School
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Pricing History
DatePricePrice ChangeDescription
4/22/2026$0 Listed Price

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8818 SE RHONE ST, Portland, OR, 97266 is a Multi-Family Home for sale at $0 with a lot size of 0.63. 8818 SE RHONE ST has 6 bedrooms, 3.0 baths, and was built in 1942. The property's zip code is 97266 which is in Portland, OR

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