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$45,000 Just Listed
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.
Full Property Details
Full Property Details for 8818 SE Rhone St
General
- Price: $45,000
- Taxes: $8,338 (2025)
- Status: Active
- Type: Multi-Family
- Source: NWMLS
- MLS ID: 2530891
- Updated: 5/28/2026
- Added to Site: 1 day(s) ago
Parking
- Garage Spaces: 2
- Carport Spaces: 1
- Covered Spaces: 3
- Uncovered Spaces: 4
Location
- Area: 2000 - Oregon
- County: Multnomah
- Subdivision: Oregon
- Driving Directions: SE Rhone Street
School Information
- High School District: Portland Public
- High School: Leodis V. McDaniel High
Heating & Cooling
- Cooling Type: None
- Heating Type: Forced Air
Utilities
- Sewer: Sewer Connected
Structural Information
- Structure Type: Triplex
- Exterior Const.: Cement Planked
- Roof: Composition
- Stories in Building: 1
- Year Built: 1942
Lot Features
- Lot Size (Acres): 0.6288
- Lot Size (Sq. Ft.): 27,392
- Lot Size Source: county
Financial Considerations
- Tax Amount: $8,338.48
- Tax Year: 2025
- Terms: Cash, Conventional, See Remarks
Disclosures and Reports
- Special Conditions: Auction, None
- Property ID: R249259
Listed by Gabe Terreson | Savi Realty | (360) 993-5800
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Schools
Schools serving 8818 SE Rhone St
School District:Portland School District 1j
| Name | Grades | Distance |
|---|---|---|
Harrison Park School 2225 Southeast 87th Avenue, Portland, OR 97216 | 6-8 | 0.8 mi |
Creative Science School 1231 Southeast 92nd Avenue, Portland, OR 97216 | K-8 | 1.3 mi |
Leodis V. McDaniel High School 3905 Southeast 91st Avenue, Portland, OR 97266 | 9-12 | 0.1 mi |
Disclaimer:
School attendance boundaries provided by ATTOM Data Solutions and are for reference only. Contact the school directly to verify enrollment eligibility.
Price & Sales History for 8818 SE Rhone St
Date
Details
Price
Change
Source
5/28/2026
Listed
$45,000
—
MLS
Disclaimer: Historical sales information is derived from public records provided by the county offices. Information is not guaranteed and should be independently verified.
Tax History
Tax History for 8818 SE Rhone St
Year
Property Taxes
Change
Tax Assessment
Change
2025
$8,388
4%
$311,320
3%
2024
$8,087
4%
$302,260
3%
2023
$7,776
4%
$293,460
6%
2021
$7,479
-2%
$276,630
-3%
2022
$7,608
2%
$284,920
6%
2021
$7,479
13%
$268,580
3%
2019
$6,609
3%
$260,760
3%
2018
$6,415
4%
$253,170
3%
2017
$6,148
13%
$245,800
3%
2016
$5,430
5%
$238,650
3%
2015
$5,178
10%
$231,700
3%
2014
$4,719
37%
$224,960
11%
2013
$3,436
—
$202,750
—
Disclaimer: Historical tax information is derived from public records provided by the county offices. Information is not guaranteed and should be independently verified.
Estimate the Cost
Estimate the Cost for 8818 SE Rhone St
8818 SE Rhone Street, Portland, OR 97266 (MLS# 2530891) is a Multi-Family property with 3 units containing 0 bedrooms and 0 full bathrooms. 8818 SE Rhone Street is currently listed for $45,000 and was received on May 28, 2026. Want to learn more about 8818 SE Rhone Street? Do you have questions about finding other Multi-Family real estate for sale in Lents? You can browse all Lents real estate or contact a Coldwell Banker agent to request more information.
