8305 SE Rhone St, Portland, OR, 97266
About This Home
Rare investment opportunity bungalow with a full, high ceiling, clean basement reedy for ADU/living quarters conversion live on the main floor and let the basement pay your mortgage. Fully updated 4-bedroom with brand new stainless appliances, new washer/dryer, windows, and flooring. move in ready. City new code allows for a second permanent residence with separate address in the backyard. existing RV parking and wide side-yard access make construction mobilization simple and cost-effective. This is a "Dual-Asset" property in SE Portland that closes to 82nd offers easy access to shopping transit and freeways. Location! Location! and Location that money cannot buy!
Getting Around
Walker's Paradise
Good Transit
Biker's ParadiseSchools
Construction
Condition
- Property condition: Resale
- Year built: 1940
Materials
- Foundation: Concrete Perimeter
- Roof: Composition,Shingle
- Construction materials: Shake Siding,Shingle Siding
Type & Style
- Home type: SingleFamily
- Architectural style: Bungalow
- Property subType: Residential,Single Family Residence
Interior
Appliances
- Appliances included: Dishwasher,Disposal,ENERGY STAR Qualified Appliances,Free-Standing Gas Range,Free-Standing Refrigerator,Microwave,Stainless Steel Appliance(s),Built-In Range,Gas Appliances,Electric Water Heater
Basement
- Has basement: Yes
- Basement: Full,Storage Space
Bedroom2
- Features: Ceiling Fan,Closet, Wood Floors
- Level: Main
Bedroom3
- Features: Closet, Wallto Wall Carpet
- Level: Upper
Bedroom4
- Features: Closet, Wallto Wall Carpet
- Level: Upper
Bedrooms & Bathrooms
- Bedrooms: 4
- Bathrooms: 1
- Full bathrooms: 1
- Main level bathrooms: 1
Dining Room
- Features: Ceiling Fan,Wood Floors
- Level: Main
Features
- Ceiling Fan(s),Granite,Hookup Available,Closet
- Window features: Vinyl Frames
- Flooring: Hardwood,Vinyl,Wall to Wall Carpet,Wood
Heating & Cooling
- Heating features: Floor Furnace,Forced Air,Hot Water
- Cooling features: Window Unit(s)
Interior Area
- Total structure area: 1,658
- Total interior livable area: 1,658 sqft
Kitchen
- Features: Builtin Range, Disposal, Gas Appliances,Granite, Vinyl Floor
- Level: Main
Living Room
- Features: Wood Floors
- Level: Main
Master Bedroom
- Features: Closet, Wood Floors
- Level: Main
- Area: 130
Property
Accessibility
- Accessibility features: Kitchen Cabinets,Minimal Steps,Parking,Accessibility
Details
- Parcel number: R595540
- Zoning: R2
Features
- Levels: One
- Stories: 2
- Patio & porch: Porch
- Exterior features: Water Feature,Yard
- Fencing: Fenced
Lot
- Lot size: 4,791 sqft
- Features: Level,SqFt 3000 to 4999
Parking
- Total spaces: 1
- Parking features: Driveway,Off Street,RV Access/Parking,Detached,Oversized
- Has garage: Yes
- Attached garage spaces: 1
- Covered spaces: 1
- Has uncovered spaces: Yes
Climate Risk is Financial Risk
Every home has a financial story beyond the listing price. Below, you’ll see the climate risks that could affect this property — and in Bills & Affordability, how those risks may influence repairs, insurance, utilities, and long-term value.
Biggest Threats for This Home
- Earthquake
- Cold Wave
- Heat Wave
How This Home’s Risks Compare
FEMA Declared Disasters in Multnomah County and Oregon
Understanding the Costs
Financial advisors generally recommend spending no more than 30% of your gross household income on housing costs. In practice, many households stretch to 35% or beyond — especially in high-cost markets.
Estimated Costs Today
| Monthly | Annual | |
|---|---|---|
| Mortgage | $1,835 | $22,020 |
| Home Insurance * | $91 | $1,092 |
| Property Taxes | $308 | $3,696 |
| Electricity | $176 | $2,119 |
| Total | $2,410 | $28,920 |
Income You'd Need if You Spent...
Oregon FAIR Plan Programs
How Costs Could Change Over Time
Climate risk is quickly impacting all of the major home ownership costs. Adjust the growth rates and percentage of income spent on housing below to see how your housing costs could change over the next 10 years — and what income you'd need to keep up.
Comparing Against the Market
Price Per Sq Ft
vs Other Active Listings
Avg $/sqft
vs Homes Sold Last Month
Median $/sqft
Current Market Trends
Median Price Per Square Foot
The median price per square foot of homes sold in this area each month. Compare this to this listing's price per square foot to gauge whether the home is priced in line with recent sales.
Historicals for This Listing
Zestimate History ($/sqft)
No zestimate history available
Price History
| Date | Event | Price |
|---|---|---|
| 2026-04-27 | Price change | $379,950 |
| 2026-02-27 | Listing removed | $2,400 |
| 2026-01-16 | Listed for sale | $385,000 |
| 2025-12-31 | Price change | $2,400 |
| 2025-12-21 | Price change | $2,450 |
| 2025-12-10 | Listed for rent | $2,500 |
| 2025-11-29 | Listing removed | $395,000 |
| 2025-06-28 | Price change | $395,000 |
| 2025-06-05 | Price change | $415,000 |
| 2025-05-24 | Listed for sale | $435,000 |
| 2006-01-12 | Sold | $190,000 |
| 2005-03-04 | Sold | $5,000 |
View on Zillow