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  • Price cut: $41K (6/20)
    $948,000

    5816 S Corbett Ave, Portland, OR 97239

    3beds
    3,162sqft
    : 
    Multi Family
    Built in 1905
    -- sqft lot
    $898,200 Zestimate®
    $300/sqft
    $-- HOA

    What's special

    Water featureFire pitPrivate balconySpa like primary suiteHeated floorsGourmet kitchenHardwood floors
    SIGNIFICANT PRICE REDUCTION IN THIS UPDATED HOME WITH ADU IN JOHNS LANDING. The home has been stunningly updated throughout including hardwood floors, floor to ceiling gas fireplace, tile, gourmet kitchen, spa like primary suite, HVAC, tankless water heater,central vac, 9 Energy Score & much more! The main floor has hardwood floors, living room with floor to ceiling gas fireplace, adjacent dining & kitchen complete with granite, tile, peninsula, and stainless appliances. The upper level boosts a primary suite with hard wood floors, sitting area, walk-in closet, tile, granite bath suite with steam shower, heated floors & towel bar, private balcony. You will also find the second bedroom. Lower level is a great opportunitty for more income with large family room, full bathroom, utility room & seperate entrance. The backyard oasis was professionally landscaped with palms, bamboo, stone pavers, stamped concrete, fire pit, planters, water feature, and lighting. The ADU was permitted & built in 2017 and has tremendous long term Airbnb history with over 130 reviews earning north of $24,000 annualy renting part time! All ADU items and furniture included in the purchase. Extra deep double garage with AV outlet can accommodate a boat as well as vehicle parking. The entire property is professionally landscaped with lighting and is fenced and gated. This oasis in the city would cost you thousands more to recreate! Located in Johns Landing thus walkable to shopping, restaurants, and recreational opportunities at nearby Willamette Park. This property is 10 minutes from the city center, with great proximity to transportation including streetcar, tram, Max, bus and freeway access. Near OHSU, Doernbecher, and VA with their 100’s of employees many wanting to rent nearby. Imagine the income opportunities that exist with ADU & finished lower level complete with full bath and separate entrance! MAKE $$$ AT HOME!
    139 days
    on Zillow
    |
    431
    |
    26
    |

    Zillow last checked: 7 hours ago

    Listing updated: July 03, 2025 at 05:35am

    Listed by:

    Lawrence Burkett 503-680-3018,

    Premiere Property Group, LLC,

    Venous Sanaee 971-300-7770,

    Premiere Property Group, LLC

    Source: RMLS (OR),MLS#: 599957788MLS Logo
    Travel times

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    Facts & features

    Interior

    Bedrooms & bathrooms
    • Bedrooms: 3
    • Bathrooms: 4
    • Full bathrooms: 4
    Heating
    • Forced Air, Forced Air 90, Mini Split
    Cooling
    • Central Air
    Appliances
    • Included: Dishwasher, Refrigerator, Recirculating Water Heater
    Features
    • Flooring: Hardwood
    • Windows: Window Coverings
    • Basement: Exterior Entry,Finished,Storage Space
    Interior area
    • Total structure area: 3,162
    • Total interior livable area: 3,162 sqft

    Property

    Parking
    • Total spaces: 4
    • Parking features: Driveway, Garage
    • Has garage: Yes
    • Has uncovered spaces: Yes
    Features
    • Stories: 2
    Lot
    • Features: Level, SqFt 5000 to 6999
    Details
    • Parcel number: R173331
    • Zoning: R5

    Construction

    Type & style
    • Home type: MultiFamily
    • Property subtype: Multi Family
    Materials
    • Wood Siding
    • Foundation: Concrete Perimeter, Pillar/Post/Pier
    • Roof: Composition
    Condition
    • Updated/Remodeled
    • Year built: 1905

    Utilities & green energy

    • Gas: Gas
    • Sewer: Public Sewer
    • Water: Public

    Community & HOA

    Community
    • Subdivision: Johns Landing
    HOA
    • Has HOA: No
    Location
    • Region: Portland

    Financial & listing details

    • Price per square foot: $300/sqft
    • Annual tax amount: $8,880
    • Date on market: 4/4/2025
    • Listing terms: Cash,Conventional
    • Total actual rent: 2050
    • Road surface type: Paved
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