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Listing provided courtesy of Realty Marketing / NorthwestMLS# 222148169MLS Provider
  • 49 days on site
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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.

Source: Regional MLS, MLS#: 222148169

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  • Property Type
    Residential Income
  • Lot
    0.42 acres

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KATY POWELL

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  • Median Age
    37
  • Population Density
    6,074
  • College Educated
    34%
  • Estimated Median Income
    $59,062
  • Estimated Total Home Owners
    7,421
  • Estimated Total Renters
    6,018
  • Owner / Renter Divide
    55% / 45%
  • Estimated Average Household Size
    3
  • Total Population
    36,818
  • Community data courtesy of LiveBy, Inc.

Owning this Home

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$ %
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* All calculations are estimates and provided by Reliance Network, for informational purposes only. Actual amounts may vary. ** Assumes 6.50% APR, 20% down payment, and conventional 30-year fixed rate first mortgage. Rates cited are for instructional purposes only; current rates are subject to change at any time without notice. You should not make any decisions based simply on the information provided. Additional required amounts such as taxes, insurance, homeowner association dues, assessments, mortgage insurance premiums, flood insurance or other such required payments should also be considered. Contact your mortgage company for current rates and additional information. Any mortgage broker or insurance agent that may appear is independent and is not affiliated with, endorsed by, or provided by the MLS.

Life at 8821 SE RHONE ST

Schools


School data courtesy of LiveBy, Inc.
Ratings are based on a scale of 1-5, with 5 being the highest rating and 1 being the lowest rating. The schools displayed on this website are for informational purposes only and may not represent a complete or up-to-date list. School assignments are subject to change and should be verified directly with the local school district. Please contact the appropriate school district to confirm school zoning and enrollment eligibility for this property.

History

Date Event Value Agent
6/16/2026Source: Regional MLS Status Change
Pending
5/11/2026Source: Regional MLS Added to Database
May 11, 2026