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  • $880,000

    5429 SE Rhone St, Portland, OR 97206

    10beds
    3,256sqft
    Multi Family
    Built in 1965
    -- sqft lot
    $-- Zestimate®
    $270/sqft
    $2,691 Estimated rent

    What's special

    inspection issues that caused the prior transaction to fall apart have been addressed, call for details. Paying renters are in place and units are in good condition!Well maintained 5-plex in Foster Powell! Great rental history and maintenance history. Only a couple blocks from the "carts on Foster" food carts and other coffee shops. Four similar units and one larger two level unit. Property is pretty turnkey, just step right in as the new owner! Photos are of one unit but are representative of all the units, all are in similar condition. Not all commercial lenders are the same, names of lenders are on file of several with unique qualifying criteria.

    Zillow last checked: 7 hours ago

    Listing updated: June 18, 2025 at 07:08am

    Listed by:

    Ward Spears 503-522-8269,

    Eleete Real Estate,

    Rebecca Lee 503-505-1333,

    Keller Williams Premier Partners

    Bought with:

    Mark Dale, 201258016

    Urban Pacific Real Estate

    Source: RMLS (OR),MLS#: 23298140MLS Logo

    Facts & features

    Interior

    Bedrooms & bathrooms
    • Bedrooms: 10
    • Bathrooms: 5
    • Full bathrooms: 5
    Heating
    • Baseboard, Ceiling
    Appliances
    • Included: Dishwasher, Range, Refrigerator, Electric Water Heater
    • Laundry: Common Area
    Features
    • Basement: Crawl Space
    Interior area
    • Total structure area: 3,256
    • Total interior livable area: 3,256 sqft

    Property

    Parking
    • Total spaces: 8
    • Parking features: Paved
    Features
    • Stories: 2
    • Patio & porch: Deck
    Lot
    • Size: 4,791 sqft
    • Dimensions: 50 x 100
    • Features: Level, SqFt 5000 to 6999
    Details
    • Parcel number: R229051
    • Zoning: RM2

    Construction

    Type & style
    • Home type: MultiFamily
    • Property subtype: Multi Family
    Materials
    • Brick, Wood Siding
    • Foundation: Concrete Perimeter
    • Roof: Flat
    Condition
    • Updated/Remodeled
    • Year built: 1965

    Utilities & green energy

    • Sewer: Public Sewer
    • Water: Public

    Community & neighborhood

    Community
    • Community features: Laundry
    Location
    • Region: Portland
    • Subdivision: Foster Powell

    HOA & financial

    Other financial information
    • Total actual rent: 6550

    Other

    Other facts
    • Listing terms: Cash,Conventional
    • Road surface type: Paved
    Services availability
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    An equal housing lender. NMLS #10287.