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Listing Courtesy of Eleete Real Estate, Ward Spears. 503-522-8269

Sold

5429 SE RHONE ST

5429 SE RHONE ST, Portland, OR 97206

$880,000

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.

10
beds

5
baths

3,256 Sq.Ft. LIVING AREA

4,791 Sq.Ft. lot

Ward Spears

title Broker | Owner
PHONE (503) 522-8269
EMAIL [email protected]
DRE # 940700110

Features & Amenities

Interior

total bedrooms10
Total bathrooms5
full bathrooms5

Area & Lot

Status Sold
Date Sold June 18, 2025
Living Area3,256 Sq.Ft.
Total Area3,256 Sq.Ft.
Lot Area4,791 Sq.Ft.
MLS® ID23298140
TypeMulti-Family
YEAR BUILT1965
NeighborhoodPortland
Elementary SchoolCreston
Middle SchoolKellogg
High SchoolFranklin

Exterior

STORIES2
water SourcePublic Water
roofFlat
lot featuresLevel
parkingPaved
HEAT TYPEBaseboard, Ceiling
sewerPublic Sewer
SubstructureConcrete Perimeter

Financial

Sales Price$880,000
Real Estate Tax $9,473/yr
Zoning RM2

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Contact Details

Luanne Jaramillo

Phone

(503) 913-3677

[email protected]

Address

148 B Ave Lake Oswego, OR 97034

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