8818 SE Rhone ST, Portland, OR 97266
8818 SE Rhone ST, Portland, OR 97266
8818 SE Rhone ST, Portland, OR 97266
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Shannon Lambert

Shannon Lambert

+1(503) 347-0159
Listed by:Savi Realty • Gabe Terreson
$ 45,000
Est. payment | /mo

6 Beds

3 Baths

0.63 Acres Lot

Save
$ 45,000
Est. payment | /mo
Save

6 Beds

3 Baths

0.63 Acres Lot

Key Details

Property Type Multi-Family

Sub Type Multi Family

Listing Status Active

Purchase Type For Sale

Subdivision Oregon

MLS Listing ID 2530891

Style 53 - Tri-plex

Bedrooms 6

Year Built 1942

Annual Tax Amount $8,338

Lot Size 0.629 Acres

Property Sub-Type Multi Family

Property Description

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.

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

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8818 SE Rhone ST