8928 SE Rhone St Portland, OR 97266

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.