Date
Details
Price
Change
Source
7/17/2026
Sold
$325,000
—
MLS
Disclaimer: Historical sales information is derived from public records provided by the county offices. Information is not guaranteed and should be independently verified.
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$325,000
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Property Description
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.
Full Property Details
Full Property Details for 8821 SE Rhone St
General
- Sold For: $325,000
- Taxes: $4,916 (2025)
- Status: Sold
- Type: Multi-Family
- Source: RWMLS
- MLS ID: 222148169
- Added to Site: 109 day(s) ago
Rental Information
- Rent Includes: Trash Collection
Parking
- Parking Features: Driveway
Location
- County: Multnomah
- Subdivision: LENTS
- Driving Directions: SE 86th Avenue to SE Rhone St
School Information
- Midd School District: Harrison Park
- Elementary School: Clark
- Middle School: Harrison Park
- High School: Leodis McDaniel
Community
- Community Name: 143 - Portland Southeast
Heating & Cooling
- Cooling Type: None
- Heating Type: Forced Air
- Heating Fuel: Electricity
Utilities
- Sewer: Public Sewer
- Water: Public Water
Structural Information
- Property Detached: Yes
- Roof: Composition
- Stories/Levels: 1
- Year Built: 1942
Lot Features
- Lot Size (Acres): 0.42
- Lot Size (Sq. Ft.): 18,295
- Lot Size: 15, 000 to 19, 999 SqFt
- Frontage: Gravel
- Lot Features: Level, Public Road
Financial Considerations
- Operating Expenses: $5,401
- Tax Amount: $4,916.08
- Tax Year: 2025
- Terms: Cash, Owner Will Carry
Disclosures and Reports
- Disclosures/Reports: Disclosure
- Property ID: R249252
Listed by Realty Marketing / Northwest (503) 224-1906, John Rosenthal (800) 845-3524
Sold by MORE Realty (503) 353-6673, Alejandro Jimenez
Listing agent
— 8821 SE Rhone St —
John Rosenthal
Realty Marketing / Northwest
503-224-1906
NMLS#: 1598647Get Pre-Approved Today
Schools
Schools serving 8821 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 8821 SE Rhone St
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- Manufactured Home
- Active
- Updated 2 days ago
- 3Beds
- 2Total Baths
- 1,296Sq. Ft.
Listed by Redfin, Mia McCormick
- Single Family
- Active
- Updated 1 day ago
- 3Beds
- 2Total Baths
- 2,851Sq. Ft.
Listed by MORE Realty, Ben Andrews
- Single Family
- Active
- Updated 20 hours ago
- 4Beds
- 3Total Baths
- 1,966Sq. Ft.
Listed by Harcourts Real Estate Network Group, John McClung
- Single Family
- Active
- Updated 1 day ago
- 3Beds
- 2Total Baths
- 1,365Sq. Ft.
Listed by eXp Realty, LLC, Otis Purdy
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- Single Family
- Active
- Updated 5 days ago
- 4Beds
- 2Total Baths
- 1,164Sq. Ft.
Listed by HomeTown Realty, Chad Hohman
- Single Family
- Active
- Updated 2 days ago
- 3Beds
- 3Total Baths
- 1,480Sq. Ft.
Listed By: ARMANDO. SOLANO - LOPEZ | Harcourts Elite
- Single Family
- Active
- Updated 1 hour ago
- 4Beds
- 3Total Baths
- 2,930Sq. Ft.
Listed by Modern Realty, Danny Phanphackdy
- Single Family
- Active
- Updated 1 day ago
- 4Beds
- 3Total Baths
- 2,995Sq. Ft.
Listed by Vandermeer Real Estate, John Vandermeer
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- Multi-Family
- Sold
Listed by Realty Marketing / Northwest, John Rosenthal
Sold by Non Rmls Broker, OR and WA Non Rmls
Sold by Non Rmls Broker, OR and WA Non Rmls
- Single Family
- Sold
- Updated 3 days ago
- 2Beds
- 1Total Bath
- 908Sq. Ft.
Listed by Keller Williams Realty Portland Elite, Christine Hotchkin
Sold by Urban Nest Realty, Mateo Barta
Sold by Urban Nest Realty, Mateo Barta
- Single Family
- Sold
- 2Beds
- 1Total Bath
- 1,024Sq. Ft.
Listed by Cascade Heritage Real Estate Group, John Bacon
Sold by Kate Barclift
Sold by Kate Barclift
- Single Family
- Sold
- 1Bed
- 1Total Bath
- 1,025Sq. Ft.
Listed by Think Real Estate, Jene DeSpain
Sold by Think Real Estate, Olivia Rush
Sold by Think Real Estate, Olivia Rush
8821 SE Rhone St, Portland, OR 97266 (MLS# 222148169) is a Multi-Family property that was sold at $325,000 on July 17, 2026. Want to learn more about 8821 SE Rhone St? Do you have questions about finding other Multi-Family real estate for sale in Portland? You can browse all Portland real estate or contact a Coldwell Banker agent to request more information.