32510 E BELL RD, Corbett, OR 97019

$749,000

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List Price
$749,000
Days on Market
10
MLS#
537188672
Property Type
Multifamily
Lot Size
1 to 2.99 Acres
Region
Gresham, Sandy, Troutdale, Corbett
Status
ACTIVE

Property Description

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.

Additional Information

Tax Amount
$4,356
Year Built
1919
High School
Corbett
Elementary School
Corbett
Middle School
Corbett
Acres
1.30
Terms
Cash, Conventional, Rehab
Cooling Description
None
Fuel Description
Electricity, Oil
Heating Description
Baseboard, Forced Air, Wall Heater
Hoa Rent Includes
Water
Hot Water Description
Electricity
Exterior Description
Board & Batten Siding, Plywood, Shingle Siding, T-111 Siding, Wood Siding
Roof Type
Composition
Sewer Description
Septic Tank
View
Territorial, Trees/Woods
Parking
Driveway, Off Street
Parking Description
Driveway, Off Street
Road Surface
Gravel, Paved
Number Of Units Total
3
Unit Type One Baths Total
1
Unit Type One Beds Total
3
Unit Type One Rent
1290
Unit Type One Sq Ft
1484
Unit Type One Units Total
1
Unit Type Two Baths Total
1
Unit Type Two Beds Total
2
Unit Type Two Units Total
1
Unit Type Three Baths Total
1
Unit Type Three Beds Total
2
Unit Type Three Rent
1260
Unit Type Three Sq Ft
776
Unit Type Three Units Total
1

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Calculator source: Real Geeks

Listing courtesy of RE/MAX Equity Group.

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