- ADDRESS:
- 8821 SE RHONE ST Portland, OR 97266
- Price:
- $0
- Units:
- 2
- Acres:
- 0.42
- Unit 1:
- 2 Bed 1.0 Bath $1,460/mo
- Unit 2:
- 3 Bed 1.0 Bath $1,425/mo
- MLS#:
- 222148169
- Lot Size:
- 15,000 to 19,999 SqFt
- Type:
- Multi
- Zone:
- RM1
- Yr Built:
- 1942
- Taxe/yr:
- $4,916.08
- County:
- Multnomah
- Status:
- Active
- Levels:
- 1
- 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:
- This property includes two single family homes (8821 and 8827 SE Rhone Street)and is being offered as part of a 13-property, 43-unit residential portfolio that is 98% leased. The portfolio is being sold via Sealed Bid Auction on June 3, 2026. These two small homes are located on a 18,445± Sq. Ft. tax lot and share an access drive. Both homes are in fair condition and provide opportunity to redevelop the entire parcel with up to 8 units, based on zoning.Home at 8821 SE Rhone is 2 bedroom 1 bath. Home at 8827 is 3 bedroom 1 bath. Both tenants have been leasing for 4 years. Projected gross 2026 income is $34,620. Real estate taxes are $4,916. Landlord pays for trash. Bids due June 3, 2026.