8818 SE RHONE STPortland, OR 97266
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.
- Property Type:
MultiFamily
- Architectural Style:
- Bedrooms:
- Bathrooms:
- Dwelling Size:
0 Square Feet
- Lot Size:
0.63 Acres
- Lot Description:
- Stories:
- Year Built:
1942
- Interior Features:
- Exterior Features:
- Parking:
Garage or Parking Spaces:
Features: Carport, Driveway
- Area:
_143
- Views:
Territorial
- Schools:
High School(s): Leodis McDaniel
Middle School(s): Harrison Park
Elementary School(s): Clark
- HOA:
- Senior Community:
- Heating:
ForcedAir
- Cooling:
- Appliances:
- Fireplace:
Fireplace(s):
Features:
- Accessibility:
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- Foundation:
- Roof:
Composition