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Listed by RE/MAX Equity Group
$ 749,000
Est. payment | /mo
1.3 Acres Lot
$ 749,000
Est. payment | /mo
1.3 Acres Lot
Key Details
Property Type Multi-Family
Listing Status Active
Purchase Type For Sale
MLS Listing ID 537188672
Year Built 1919
Annual Tax Amount $4,356
Lot Size 1.300 Acres
Property Description
A prime investment opportunity in Corbett—three legal residences on one 1.30 acre lot, all available in a single purchase. Currently operating as rentals, this property offers immediate income with the flexibility to reimagine the layout for personal use, multifamily living, or expanded rental potential. The historic main home includes 3 bedrooms, 1 bath, and is approximately 1,484 sq ft including an unfinished basement. Two additional dwellings, each with 2 bedrooms and 1 bath, provide incredible added value. Multnomah County confirms all three structures as legal dwellings, and SRC zoning supports multiple uses—Buyers must verify specifics with the county. Corbett is a small, unincorporated community with very limited rental inventory. The Columbia River Gorge National Scenic Area is nearby, and this property is within the highly ranked Corbett School District. The location also provides excellent access to I-84, Portland, and PDX. All homes will require repairs and updates, making this an outstanding opportunity for investors or renovators ready to unlock the property's full potential. Sale will be AS-IS, no repairs. Do not walk the property or disturb tenants. Showings are by appointment only.
Location
State OR
County Multnomah
Area _144
Zoning SRC
Rooms
Basement Unfinished
Interior
Heating Baseboard, Forced Air, Wall Heater
Cooling None
Exterior
View Territorial, Trees Woods
Roof Type Composition
Garage No
Building
Lot Description Gentle Sloping, Level, Trees
Foundation Concrete Perimeter, Other, Pillar Post Pier
Sewer Septic Tank
Water Public Water
Schools
Elementary Schools Corbett
Middle Schools Corbett
High Schools Corbett
Others
Acceptable Financing Cash, Conventional, Rehab
Listing Terms Cash, Conventional, Rehab
