SOLD AUG 7, 2026

Sold on aug 2026

$345,000

•

2 ba

•

1,344

sq ft

8928 SE Rhone St, Portland, OR 97266

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About this home

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.

Multi-familyProperty Type

1942Year Built

9,147 sq ftLot Size

$257Price/Sq.Ft.

Listed by John Rosenthal • Realty Marketing / Northwest

Bought with OR and WA Non Rmls • Non Rmls Broker

Redfin checked: 4 minutes ago

•Source:RMLS #742052109

Redfin Estimate

$435,806

$91K since sold in August 2026$13K since September

Recently sold homes
Estimate history
Homes for sale

This home's estimate is 10.8% higher than the average sale price ($393K) of 6 comparable homes.

SOLD AUG 25, 2026
$425,000
A
3 beds2 baths1,252 sq ft
4224 SE 88th Ave, Portland, OR 97035
SOLD APR 6, 2026
$380,000
B
3 beds2 baths1,249 sq ft
8027 SE Rhone St, Portland, OR 97206
SOLD SEP 11, 2026
$343,000
C
3 beds2 baths1,303 sq ft
10316 SE Liebe St, Portland, OR 97266
SOLD MAY 7, 2026
$515,000
D
3 beds2 baths1,997 sq ft
2916 SE 85th Ave, Portland, OR 97266
SOLD FEB 6, 2026
$312,500
E
3 beds1 bath1,062 sq ft
8451 SE Bush St, Portland, OR 97266
BOUGHT WITH REDFIN JUL 31, 2026
$384,400
F
3 beds2 baths1,134 sq ft
9242 SE Harrison St, Portland, OR 97216

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Market trends in Lents, OR

Last updated September 2026

Buyer's Market

Seller's Market

Seller's market

Sale-to-List Price

100.6%

0.7% MoM

Median sale price

$390K

$9K MoM

Avg. days on market

22d

5 days MoM

Recently sold homes

4 MoM

New listings for sale

NEW 11 HRS AGO
$374,999
4 beds2 baths1,527 sq ft
9828 SE Ellis St, Portland, OR 97266
Douglas Carrillo • Brantley Christianson Real Estate
$465,000
3 beds1 bath1,584 sq ft
9136 SE Steele St, Portland, OR 97266
Jennifer Newtson-Schick • Oregon First
$469,000
3 beds2 baths1,459 sq ft
10515 SE Malden St, Portland, OR 97266
Sara Jones-Graham • Cascade Hasson Sotheby's International Realty
$559,000
4 beds3 baths2,254 sq ft
6371 SE 84th Ave, Portland, OR 97266
Wenyan Zhu • Crestview Realty, LLC
3D & VIDEO TOUR
$319,000
2 beds1 bath588 sq ft
5916 SE 85th Ave, Portland, OR 97266
LeeAnn Mohler • Opt
$399,000
4 beds3 baths1,998 sq ft
10107 SE Tibbetts Ct, Portland, OR 97266
Evan Walters • Keller Williams Premier Partners
$250,000
3 beds4 baths1,526 sq ft
2619 SE 109th Ave, Portland, OR 97266
Dalton Ostrye • Property Group NW
OPEN SAT, 11AM TO 1PM
$585,000
4 beds3 baths2,754 sq ft
11545 SE Flavel St, Portland, OR 97266
Jenn Smeller • Keller Williams Premier Partners
$499,000
4 beds3 baths2,417 sq ft
7466 SE 112th Ave, Portland, OR 97266
McKenzie Utti • Premiere Property Group LLC
See all

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Sale and tax history for 8928 SE Rhone St

Sale History
Tax History

* Price is not available or MLS listing is off market.

Public record

Public record
Zoning

Beds

—

Baths

—

Stories

—

Lot width

—

Lot depth

—

Lot size

—

Year renovated

—

Sq. Ft.

—

Year built

—

Style

Multi-Family (2-4 Unit)

County

Multnomah County

APN

R249258

Parking Spaces

—

Basement

—

Accessible

—

HOA Dues

—

Garage

—

Features

—

Last updated by owner on Apr 21, 2026.

RM1

Residential Multi-Dwelling 1 Zone

The RM1 zone is a low-scale multi-dwelling zone that is generally applied in locations intended to provide a transition in scale to single-dwelling residential areas, such as the edges of mixed-use centers and civic corridors, and along or near neighborhood corridors. Allowed housing is characterized by one to three story buildings that relate to the patterns of residential neighborhoods, but at a somewhat larger scale and building coverage than allowed in the single-dwelling zones. The major types of new development will be duplexes, triplexes, rowhouses, courtyard housing, small apartment buildings, and other relatively small-scale multi-dwelling and small-lot housing types that are compatible with the characteristics of Portland's residential neighborhoods.

Permitted uses

Include but are not limited to:

Housing
Housing-Group
Housing-Single unit
Housing-Multiple units
Housing-Senior

Property details

Parking

Parking Information
Parking Features: Driveway, Garage

Interior

Virtual Tour Information
Virtual Tour Type: Video
Has Virtual Tour Unbranded: Yes
Virtual Tour Description: Drone Video

Multi Unit Information
# Of Units Total: 2

Unit Information
Unit Type: 1, 2

Unit Type 1 Information
Actual Rent: $1,460
Area: 672
Baths Total: 1
Beds Total: 2
Units Total: 1

Unit Type 2 Information
Actual Rent: $1,295
Area: 672
BathsTotal: 1
Beds Total: 2
Units Total: 1

Exterior

Exterior Features
Roof: Composition
Exterior Description: Lap Siding

Lot Information
Lot Size Square Feet: 9,147
Lot Size Range: 7,000 to 9,999 SqFt
Lot Size Acres: 0.21
Lot Size: 7,000 to 9,999 SqFt
Lot Features: Level, Public Road
Parcel Number: R249258
Road Surface Type: Paved

Property Information
Property Type: Multi Family
Property Attached YN: No
Property Condition: Existing
View YN: Yes
View Description: Territorial

Building Information
Year Built: 1942
Building Area Total: 1,344

Financial

Tax Information
Tax Year: 2025
Tax Legal Description: POWELL GARDENS, N 1/2 OF LOT 9
Tax Annual Amount: $5,720.13

Rent Information
Rent Includes: Maintenance Grounds, Sewer, Trash Collection, Water

Utilities

Utility Information
Green Certification YN: No
Fuel Description: Electricity
Water Source: Public Water
Sewer: Public Sewer

Heating & Cooling
Heating YN: Yes
Heating: Forced Air
Cooling YN: No

Location

School Information
Elementary School: Clark
Middle Or Junior School: Harrison Park
High School: Leodis McDaniel

Location Information
Directions: End of SE Rhone Street
Unparsed Address: 8928 SE RHONE ST, Portland, OR 97266

Community Information
Zoning: RM1

Public facts

Beds: —
Baths: —
Sq. Ft.: —
Stories: —
Lot Size: —
Style: Multi-Family (2-4 Unit)
Year Built: —
Year Renovated: —
County: Multnomah County
APN: R249258

Home facts updated by county records on Apr 21, 2026

Other

Listing Information
MlsStatus: Sold

Listing Price Information
Price Type: Auction

Auction Information
Auction Type: Published Minimum Bid
Auction Terms: Bids due June 3
Auction Terms Url YN: Yes
Auction Terms Url: https://www.rmnw-auctions.com/wp-content/uploads/2026/04/2602-PDX-Residential-flier.pdf
Auction Registration: see bid documents
Auction Registration Url YN: Yes
Auction Registration Url: https://www.rmnw-auctions.com/contact/
Auction Start Date: 2026-06-03T09:00:00-07:00
Auction Preview 1 Start Date: 2026-05-16T10:00:00-07:00
Auction Preview 2 Start Date: 2026-05-30T10:00:00-07:00
Auction End Date: 2026-06-03T17:00:00-07:00
Auction Preview 1 End Date: 2026-05-16T12:00:00-07:00
Auction Preview 2 End Date: 2026-05-30T12:00:00-07:00
Auction Location: Sealed Bid Auction
Auction Published Min Bid: 345000

Around this home

Schools

Harrison Park School

Public 6-8 • Assigned • 0.8mi

9/10

Leodis V. McDaniel High School

Public 9-12 • Assigned • 3.3mi

4/10

Provided by GreatSchools

Climate risks

1/10 Flood Factor

Minimal risk of a flood reaching the building in the next 30 years

1/10 Fire Factor

Unlikely to be in a wildfire in next 30 years

3/10 Heat Factor

7 days above 92° expected this year, 14 days in 30 years

1/10 Wind Factor

Minimal risk of severe winds over next 30 years

10/10 Air Factor

19 unhealthy days expected this year, 21 days in 30 years

Provided by First Street

Historical weather

Portland, OR • 97266

Average low and high temperatures (°F)

Jan

Feb

Mar

Apr

May

Jun

Jul

Aug

Sep

Oct

Nov

Dec

Sun exposure

72/ 100

Good sunlight

Sunscore

There appears to be minimal shading by surrounding buildings, terrain, and vegetation.

8.3 hrs

4.4 hrs

JuneDecember

Provided by Shadowmap

Estimated sale price

$415,000 – $502,000

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New listings for sale in 97266

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LeeAnn Mohler • Opt

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Evan Walters • Keller Williams Premier Partners

$250,000

3 beds4 baths1,526 sq ft

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Dalton Ostrye • Property Group NW

OPEN SAT, 11AM TO 1PM3D WALKTHROUGH

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11545 SE Flavel St, Portland, OR 97266

Jenn Smeller • Keller Williams Premier Partners

$499,000

4 beds3 baths2,417 sq ft

7466 SE 112th Ave, Portland, OR 97266

McKenzie Utti • Premiere Property Group LLC

Home values near 8928 SE Rhone St

Data from public records.

Address	Redfin Estimate
8909 Southeast Rhone St, Portland, OR 2 Beds \| 1 Baths \| 882 Sq. Ft.	$366,547
8837 Southeast Rhone St, Portland, OR 2 Beds \| 1 Baths \| 586 Sq. Ft.	$324,380

Address	Redfin Estimate
8804 Southeast Rhone St Apt A, Portland, OR 2 Beds \| 1 Baths \| 600 Sq. Ft.	$277,766
8831 Southeast Rhone St, Portland, OR 2 Beds \| 1 Baths \| 816 Sq. Ft.	$403,257

Address	Redfin Estimate
8818 Southeast Rhone St, Portland, OR 6 Beds \| 3 Baths \| - Sq. Ft.	$595,640
8827 Southeast Rhone St, Portland, OR 2 Beds \| 1 Baths \| 546 Sq. Ft.	$479,119

Property information provided by RMLS when last listed in 2026. This data may not match . Learn more.

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GreatSchools Ratings provided by GreatSchools.org.

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