Sold

$880,000

5429 SE Rhone St, Portland, OR 97206

10beds

3,256sqft

Multi Family

Built in 1965

-- sqft lot

$-- Zestimate^®

$270/sqft

$2,659 Estimated rent

Home value

Not available

Estimated sales range

Not available

$2,659/mo

Zestimate^® history

Owner options

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$2,659/mo

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$2,659/mo

Rent Zestimate^®

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$5,465/mo

Est. payment

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$5,465/mo

Est. payment

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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.

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 Square Feet
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 & HOA

Community

Features: Laundry
Subdivision: Foster Powell

Location

Region: Portland

Financial & listing details

Price per square foot: $270/sqft
Annual tax amount: $9,473
Date on market: 7/21/2023
Cumulative days on market: 908 days
Listing terms: Cash,Conventional
Total actual rent: 6550
Road surface type: Paved

Price history

Date	Event	Price
6/18/2025	Sold	$880,000$270/sqft
Source: RMLS (OR) #23298140 Report a problem
8/26/2024	Price change	$880,000-1.1%$270/sqft
Source: RMLS (OR) #23298140 Report a problem
8/13/2024	Listed for sale	$890,000$273/sqft
Source: RMLS (OR) #23298140 Report a problem
8/5/2024	Pending sale	$890,000$273/sqft
Source: RMLS (OR) #23298140 Report a problem
6/12/2024	Listed for sale	$890,000$273/sqft
Source: RMLS (OR) #23298140 Report a problem