8928 SE Rhone ST, Portland, OR 97266
8928 SE Rhone ST, Portland, OR 97266
REQUEST A TOUR If you would like to see this home without being there in person, select the "Virtual Tour" option and your agent will contact you to discuss available opportunities.
In-PersonVirtual Tour
Shannon Lambert

Shannon Lambert

+1(503) 347-0159
Listed by:Savi Realty • Gabe Terreson
$ 345,000
Est. payment | /mo

4 Beds

2 Baths

1,344 SqFt

Save
$ 345,000
Est. payment | /mo
Save

4 Beds

2 Baths

1,344 SqFt

Key Details

Property Type Multi-Family

Sub Type Multi Family

Listing Status Active

Purchase Type For Sale

Square Footage 1,344 sqft

Price per Sqft $256

Subdivision Oregon

MLS Listing ID 2530866

Style 52 - Duplex

Bedrooms 4

Year Built 1942

Annual Tax Amount $5,720

Lot Size 9,010 Sqft

Property Sub-Type Multi Family

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 2000 - Oregon

Interior

Fireplace false

Exterior

Exterior Feature Cement Planked

Garage Spaces 2.0

View Y/N No

Roof Type Composition

Building

Sewer Sewer Connected

New Construction No

Schools

High Schools Leodis V. Mcdaniel High

School District Portland Public

Others

Senior Community No

Acceptable Financing Cash, Conventional, See Remarks

Listing Terms Cash, Conventional, See Remarks

Northwest MLS (NWMLS)
"Three Trees" icon indicates a listing provided courtesy of NWMLS.

Nearby Locations

Shannon Lambert

"My job is to find and attract mastery-based agents to the office, protect the culture, and make sure everyone is happy! "

+1(503) 347-0159

homeinsightshannon@gmail.com

1112 Daniels St, Suite 102-D, Vancouver, 98660, USA

GET MORE INFORMATION

Name
Phone*
Message

By checking this box, I agree by electronic signature to the Electronic Disclosure Consent Agreement; to receive recurring marketing communication from Shannon Lambert, including auto-dialed calls, texts, and artificial/prerecorded voice messages (message frequency varies; data rates may apply; reply "STOP" to opt-out of texts or "HELP" for assistance); and to the Terms of Service and Privacy Policy of this website. Consent not required to make a purchase. I understand that I can call to obtain direct assistance.

Go tour this home

8928 SE Rhone ST