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5816 S Corbett Ave

Portland, OR 97239
  • $989,000
  • STATUS: Active
  • ON SITE: 17 Days
  • MLS #: 599957788
UPDATED: 23 min ago
$989,000
  • 0
    BEDS
  • N/A
    ACRES
  • 0
    BATHS
  • 0
    1/2 BATHS
Neighborhood:
Type:
Multi-Family
Built:
1905
County:

School Information

Elementary School:
Middle School:
High School:

Description

Look no more as this the property is the one you have been looking for! Generate income from the fully permitted ADU and live in vibrant Johns Landing neighborhood! 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 $24,000 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!

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Listing content is copyright © 2025 RMLS™, Portland, Oregon. The content relating to real estate for sale on this web site comes in part from the IDX program of the RMLS™ of Portland, Oregon. Real estate listings held by brokerage firms other than Coho Realty are marked with the RMLS™ logo, and detailed information about these properties includes the names of the listing brokers. Data last updated 2025-04-28T19:48:39.16.Data deemed reliable but not guaranteed. Some properties which appear for sale on this web site may subsequently have sold or may no longer be available. IDX information is provided exclusively for consumers’ personal, non-commercial use, and may not be used for any purpose other than to identify prospective properties consumers may be interested in purchasing. All information provided is deemed reliable but is not guaranteed accurate by RMLS™ or Coho Realty and should be independently verified.
www.coho.realty/homes/162467729
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5816 S Corbett Ave Portland, OR 97239

  • Price: $989,000
  • Status: Active
  • On Site: 17 Days
  • Updated: 23 min ago
  • MLS #: 599957788
0
Beds
0
Baths
0
½ Baths
N/A
Acres
1905
Built
Neighborhood:
Johns Landing
County:
Multnomah
Area:
Portland Nw/ Sw/ S, Raleigh Hills
Elementary School:
Capitol Hill
Middle School:
Jackson
High School:
Ida B Wells
Property Description
Look no more as this the property is the one you have been looking for! Generate income from the fully permitted ADU and live in vibrant Johns Landing neighborhood! 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 $24,000 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!
Exterior Features

Attached Garage YN No Exterior Description Wood Siding Foundation Details Concrete Perimeter Pillar Post Pier Lot Features Level Parking Features Driveway Garage Parking Total 4 Road Surface Type Paved Roof Composition View YN No

Interior Features

Basement Exterior Entry Finished Cooling Central Air Mini Split Cooling YN Yes Heating Forced Air Forced Air90 Mini Split Heating YN Yes

Property Features

Association YN No Bank Owned YN No Fuel Description Electricity Gas Green Certification YN No Gross Income 24500 Hot Water Description Recirculating IDXAddress Display YN Yes Listing Terms Cash Conventional Net Operating Income 24500 Operating Expense 0 Property Attached YN No Property Condition Updated Remodeled Rent Includes Cable TV Electricity Heat Sewer Trash Collection Water Sewer Public Sewer Short Sale YN No Storage Basement Garage Tax Annual Amount 8880.11 Water Source Public Water Zoning R5

Listing provided courtesy of Premiere Property Group, LLC: .


Listing content is copyright © 2025 RMLS™, Portland, Oregon. The content relating to real estate for sale on this web site comes in part from the IDX program of the RMLS™ of Portland, Oregon. Real estate listings held by brokerage firms other than Coho Realty are marked with the RMLS™ logo, and detailed information about these properties includes the names of the listing brokers. Data last updated 2025-04-28T19:48:39.16.Data deemed reliable but not guaranteed. Some properties which appear for sale on this web site may subsequently have sold or may no longer be available. IDX information is provided exclusively for consumers’ personal, non-commercial use, and may not be used for any purpose other than to identify prospective properties consumers may be interested in purchasing. All information provided is deemed reliable but is not guaranteed accurate by RMLS™ or Coho Realty and should be independently verified.
 
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500 Liberty St SE, Suite 410
Salem OR, 97301