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About the Listing RMNW01 - JROSENTH
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.
Listing Highlights
Status
Active
Days on Site
10
Property Type
Multi-Family
MLS ®
742052109
Year Built
1942
Total Square Footage
1,344
Lot/Acreage
0.21
County
Multnomah
Neighborhood
Lents
Elementary School
Clark
Middle School
Harrison Park
High School
Leodis McDaniel
Interior Details
- Bedrooms: 4
- 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: Existing
- Sewer: Public Sewer
- Parking Features: Driveway,Garage
Financial Details
- Tax Amount: $5,720
- Taxes w/Assessments: N/A
- Tax/Property ID: R249258
- Tax Year: N/A
Payment Calculator
Monthly Payment
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- in Taxes
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Questions About..
8928 SE Rhone St Portland, OR 97266
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