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Listed by Windermere Realty Trust • 503-888-5191
$749,900
Est. payment /mo
2,952 SqFt
New
3915 S CORBETT AVE Portland, OR 97239
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Key Details
Property Type Multi-Family
Listing Status Active
Purchase Type For Sale
Square Footage 2,952 sqft
Price per Sqft $254
Subdivision John'S Landing
MLS Listing ID 473729676
Year Built 1885
Annual Tax Amount $6,786
Tax Year 2024
Lot Size 5,227 Sqft
Property Description
OPEN HOUSE, TUESDAY, 6/17, FROM 11AM TO 1PM! Unlock the doors to a unique opportunity in the heart of Johns Landing. This 4-plex not only offers a cozy haven for residents, but also opens the door to owner-occupied possibilities or lease the entire building out at a wonderful 8 CAP. Each one-bedroom, one-bath unit provides a comfortable retreat with unique built-in drop down eating nooks, built-ins, updated counters and backsplash in the kitchens, 2 feature new LVP flooring while 2 offer fir flooring. Basement previously had a 5th non conforming unit, but making it a conforming unit would be costly . Also found in the basement is the common laundry facilites that streamline daily chores. 2 storage units exist in the basement for additional income along with 3 garages that can also be rented. There is a shared backyard with garden beds and additional potential for development. NEW electrical panels and meters, a new sewer line, a new garage roof, structural stabilization of the garages and entry stairs, and basement storage build-out have all been completed at this amazing asset. Immerse yourself in the charm of John's Landing with all its amenities and proximity to the river and downtown, where urban living seamlessly blends with tranquility. This isn't just a property, its an invitation to live, invest, and embrace the neighborhood's distinctive character. Imagine calling one of these units home while managing the others. Walk to cafe's, coffee, mass transportation and all the south waterfront has to offer.
Location
State OR
County Multnomah
Community Laundry
Area _148
Zoning RM1
Rooms
Basement Exterior Entry, Full Basement, Storage Space
Interior
Heating Baseboard
Exterior
Garage Spaces 3.0
Community Features Laundry
Roof Type Composition
Garage No
Building
Lot Description Corner Lot, Level, Sloped
Story 3
Sewer Public Sewer
Water Public Water
Level or Stories 3
Schools
Elementary Schools Capitol Hill
Middle Schools Jackson
High Schools Ida B Wells
Others
Acceptable Financing Cash, Conventional
Listing Terms Cash, Conventional
