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.
19 days
|
767
|
48
|
Zillow last checked:
Listing updated:
Listed by:
Cindy Smith503-703-2596,
RE/MAX Equity Group
Source: RMLS (OR),MLS#: 537188672
Facts & features
Interior
Bedrooms & bathrooms
Bedrooms: 7
Bathrooms: 3
Full bathrooms: 3
Heating
Baseboard, Forced Air
Cooling
None
Appliances
Included: Range, Refrigerator, Electric Water Heater
Features
Basement: Unfinished
Interior area
Total structure area: 2,994
Total interior livable area: 2,994 sqft
Property
Parking
Parking features: Driveway, Off Street
Has uncovered spaces: Yes
Features
Has view: Yes
View description: Territorial, Trees/Woods
Lot
Size: 1.3 Acres
Features: Gentle Sloping, Level, Trees, Acres 1 to 3
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Principal & interest
$1,547
Mortgage insurance
$0
Property taxes
$170
Home insurance
$105
HOA fees
$0
Utilities
Not included
All calculations are estimates and provided by Zillow, Inc. for informational purposes only. Actual amounts may vary.
HOA fees may include property taxes on listings classified as Co-Ops. Contact the listing agent and/or owner for fee details.
Mortgage interest rates are dependent on a number of factors, including credit score, down payment, and repayment length. Interest rate data provided by Zillow Group Marketplace, Inc. as of 1/1/1970 from various mortgage lenders with which we have lead or other similar arrangements; the Estimated Payment is an average of those rates.
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