8928 SE Rhone Street, Portland, OR 97266 (MLS # 2530866)

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Listing provided courtesy of Northwest MLS; Savi Realty

PRICE $345,000
BEDS 0
BATHS 0
HOME SIZE 1,344 sqft
LOT SIZE 9,009 sqft
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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.

LAST UPDATED 5/28/2026 TRACT Oregon
YEAR BUILT 1942 COMMUNITY Oregon
GARAGE SPACES 2.0 COUNTY Multnomah
STATUS Active PROPERTY TYPE(S) Multi Family

SCHOOLS
High School Leodis V. McDaniel High


ADDITIONAL DETAILS
AIR None
AREA 2000 - Oregon
CONSTRUCTION Cement Siding
GARAGE Yes
HEAT Electric, Forced Air
LOT 9008 sq ft
MLS STATUS Active
STORIES 1
STYLE 52 - Duplex
SUBDIVISION Oregon
TAXES 5720.13
UTILITIES Sewer Connected

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Properties with the Logo icon are courtesy of Northwest MLS.

Listings courtesy of Northwest MLS as distributed by MLS GRID. Based on information submitted to the MLS GRID as of 5/31/26 4:18 AM PDT. All data is obtained from various sources and may not have been verified by broker or MLS GRID. IDX information is provided exclusively for consumers’ personal noncommercial use, that it may not be used for any purpose other than to identify prospective properties consumers may be interested in purchasing. Supplied Open House Information is subject to change without notice. All information should be independently reviewed and verified for accuracy. Properties may or may not be listed by the office/agent presenting the information.

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