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.
Active
$749,000
32510 E Bell Rd, Corbett, OR 97019
7beds
2,994sqft
Multi Family
Built in 1919
-- sqft lot
$-- Zestimate®
$250/sqft
$-- HOA
What's special
- 43 days
- 620
- 35
Zillow last checked:
Listing updated:
Listed by:
Cindy Smith 503-703-2596,
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
Details
- Parcel number: R322514
- Zoning: SRC
Construction
Type & style
- Home type: MultiFamily
- Property subtype: Multi Family
Materials
- Board & Batten Siding, Plywood, Shingle Siding, T111 Siding, Wood Siding
- Foundation: Concrete Perimeter, Other, Pillar/Post/Pier
- Roof: Composition
Condition
- Approximately
- Year built: 1919
Utilities & green energy
- Sewer: Septic Tank
- Water: Public
Community & HOA
Location
- Region: Corbett
Financial & listing details
- Price per square foot: $250/sqft
- Tax assessed value: $707,360
- Annual tax amount: $4,356
- Date on market: 7/17/2026
- Listing terms: Cash,Conventional,Rehab
- Total actual rent: 4065
- Road surface type: Gravel, Paved
Estimated market value
Not available
Estimated sales range
Not available
Not available
Price history
| Date | Event | Price |
|---|---|---|
| 7/17/2026 | Listed for sale | $749,000+732.2%$250/sqft |
Source: | ||
| 11/18/2023 | Listing removed | -- |
Source: Zillow Rentals Report a problem | ||
| 11/16/2023 | Listed for rent | $1,495+115.1% |
Source: Zillow Rentals Report a problem | ||
| 10/15/2012 | Listing removed | $695 |
Source: North View Properties, LLC. Report a problem | ||
| 10/4/2012 | Listed for rent | $695 |
Source: North View Properties, LLC. Report a problem | ||
| 5/31/1996 | Sold | $90,000$30/sqft |
Source: Agent Provided Report a problem | ||
Public tax history
| Year | Property taxes | Tax assessment |
|---|---|---|
| 2025 | $4,356 +3.5% | $282,970 +3% |
| 2024 | $4,211 +2.2% | $274,730 +3% |
| 2023 | $4,118 +8.8% | $266,730 +3% |
| 2022 | $3,786 +3.2% | $258,970 +3% |
| 2021 | $3,668 +14.1% | $251,430 +3% |
| 2020 | $3,214 +3.1% | $244,110 +3% |
| 2019 | $3,118 | $237,000 +3% |
| 2018 | $3,118 +3.1% | $230,100 +3% |
| 2017 | $3,025 +6.2% | $223,400 +3% |
| 2016 | $2,847 | $216,900 +3% |
| 2015 | $2,847 +2.3% | $210,590 +3% |
| 2014 | $2,784 -6.2% | $204,460 +3% |
| 2013 | $2,968 +6.6% | $198,510 +8.2% |
| 2012 | $2,784 +2.6% | $183,400 +3% |
| 2011 | $2,715 +1.4% | $178,060 +3% |
| 2010 | $2,677 +5.7% | $172,880 +3% |
| 2009 | $2,533 +7.9% | $167,850 +9.3% |
| 2006 | $2,347 +3.3% | $153,630 +6.1% |
| 2004 | $2,273 +8.5% | $144,820 +6.1% |
| 2002 | $2,094 | $136,520 |
Find assessor info on the county website
Monthly payment
Est. payment





