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About the Listing RMNW01 - JROSENTH
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.
Listing Highlights
Status
Active
Days on Site
22
Property Type
Multi-Family
MLS ®
222148169
Year Built
1942
Total Square Footage
0
Lot/Acreage
0.42
County
Multnomah
Neighborhood
Lents
Elementary School
Clark
Middle School
Harrison Park
High School
Leodis McDaniel
Interior Details
- Bedrooms: 5
- Bathrooms: 2 Full
- Appliances:
- Air Cond:
- Heating: Forced Air
- Fireplaces:
- Floor:
- Above Ground Sq Ft:
- Below Ground Sq Ft: n/a
- Basement:
- Other:
- Water: Public Water
Exterior Details
- Lot Description: Level,Public Road
- Garage Capacity: N/A
- Zoning: RM1
- Roof: Composition
- Others: Unknown
- Sewer: Public Sewer
- Parking Features: Driveway
Financial Details
- Tax Amount: $4,916
- Taxes w/Assessments: N/A
- Tax/Property ID: R249252
- Tax Year: N/A
Payment Calculator
Monthly Payment
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- in Taxes
Years
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Questions About..
8821 SE Rhone St Portland, OR 97266
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