5816 S CORBETT AVE Portland, OR $ 924,000
5816 S CORBETT AVE
$ 924,000
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5816 S CORBETT AVE

Portland, OR, 97239
$ 924,000
Bedrooms4 Baths4.0 Sq 3,182

Monthly Estimate*

$ 5,689

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Multi-Family Home for sale in Portland, OR

for $924,000 with 4 bedrooms and 4 full baths. This 3,182 square foot home was built in 1905 on a lot size of 0.12.

Do not miss this beautifully updated Johns Landing Home. Seller will help buyers with interest rate buy down .This home has been updated throughout including hardwood floors, gas fireplace, gourmet kitchen, spa like primary suite, HVAC, tankless water heater, central vac, and so much more! Living room has a floor to ceiling gas fireplace, adjacent dining & kitchen complete with granite, tile, peninsula, and stainless appliances. The upper level boasts 2 bedrooms, a spa like primary suite with hardwood floors, a sitting area, a walk-in closet, and private balcony. The attached bath suite has tile, granite, steam shower, heated floors & towel bar. Lower level has large family room, full bathroom, utility room & wine storage. The backyard is an oasis with palms, bamboo, stone pavers, stamped concrete, fire pit, planters, water feature, and lighting. The detached extra deep garage with above ADU was permitted & built in 2017 with long term Airbnb history earning $25,000 annually.ADU is not currently rented.All ADU items and included in the purchase. The garage has EV outlet and can accommodate a boat as well as vehicle parking. The entire property is fenced, gated and professionally landscaped with lighting. This oasis in the city has an unheard of 9-energy score! Located in walkable Johns Landing, with shopping, restaurants, and recreational opportunities at nearby Willamette Park with access to Portland’s 10-mile waterfront bike path connecting to the many bikes paths & neighborhood walking trails PDX is so famous for! This property is 10 minutes from the city center, with access to transportation including streetcar, tram, Max, bus and freeways. This updated, energy-efficient property with ADU income, represents strong value for money

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Multi-Family Active

Price

$ 924,000

Bedrooms

4

Full Bath

4

Property Type

Multi-Family

Taxes

$ 9,211

Style

Lot Size

0.12

Year Built

1905

Town/City

Portland

County/Region

Multnomah

MLS | Web ID

368751084

Features
General
Sewer PublicSewer
Heating ForcedAir ForcedAir90 MiniSplit
Cooling CentralAir MiniSplit
Roof Composition
Zoning R5
Year Built 1905
Stories Count 2
Tax Year 2025
Parcel Number R173331
Gross Income 24500.0
County Multnomah
Net Operating Income 24500.0
Operating Expense 0
Property Type MultiFamily
HOA N
Subdivision Name JOHNS LANDING
Rent Includes CableTV Electricity Heat Sewer TrashCollection Water
Status Active
Directions Macadam Ave West on Pendleton North on Corbett
High School Ida B Wells
City Portland
Number Of Units Total 2
MLS Area _148
Lot Size Square Feet 5227.0
Listing Terms Cash Conventional
Elementary School Capitol Hill
Tax Annual Amount 9211.18
Middle/Junior High School Jackson
Property Condition UpdatedRemodeled
Virtual Tour https://www.ppgtours.com/ml/150275
Standard Status Active
Accessory Dwelling Unit Y/N N
Legal Description GREENS ADD BLOCK 7 LOT 11
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Interior
Basement ExteriorEntry Finished
Storage Basement Garage
Hot Water Recirculating
Unit 1 Baths Total 3
Unit 1 Beds Total 3
Unit 2 Baths Total 1
Unit 2 Beds Total 1
Unit Type UnitTypeType1 UnitTypeType2
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Exterior
Parking Features Driveway Garage
Lot Features Level
Water Source PublicWater
Total Parking 4.0
Exterior Description WoodSiding
Foundation Details ConcretePerimeter PillarPostPier
Building Area Total 3182.0
Lot Size Acres 0.12
Road Surface Type Paved
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Internal Only
Street Number 1 5816
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* Excluded Features
List By
Premiere Property Group, Llc

Broker

Larry@BurkettRE.com

Email

Affordability Calculator

$6,457
Per Month
88%
12%
0%
Monthly Principal & Interest
$5,689
Monthly Property Taxes
$768
Monthly Home Insurance
--
Default based on a 30-year fixed rate of 6.25% with 20% down. The estimated payment is offered for convenience and is not an offer of credit. Due to market fluctuations, interest rates are subject to change at any time and without notice. Your individual rate may vary. Rates may differ for FHA, VA or jumbo loans.
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Nearby
3254078 Elementary School
3254087 Middle School
Ida B Wells High School High School
Pricing History
DatePricePrice ChangeDescription
4/25/2026$924,000 Listed Price

Map


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5816 S CORBETT AVE, Portland, OR, 97239 is a Multi-Family Home for sale at $924,000 with 3,182 sqft and a lot size of 0.12. 5816 S CORBETT AVE has 4 bedrooms, 4.0 baths, and was built in 1905. The property's zip code is 97239 which is in Portland, OR