5816 S Corbett Ave, Portland, OR

$898,000

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About 5816 S Corbett Ave

Significant price reduction on this updated Johns Landing home with a detatched permitted ADU. 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. Finished lower level with full bath has seperate entrance offering more income potentional.Seller will buy down interest rate. Dont wait for a lower rate. Schedule a tour today.

Features of 5816 S Corbett Ave

MLS® # 599957788
Price $898,000
Bathrooms 0.00
Acres 0.00
Year Built 1905
Type Multi Family
Status Active

Community Information

Address 5816 S Corbett Ave
Area 148 - Portland NW/ SW/ S, Raleigh Hills
Subdivision JOHNS LANDING
City Portland
County Multnomah
State OR
Zip Code 97239

Amenities

Parking Spaces 4
Parking Driveway, Garage
Is Waterfront No
Has Pool No

Interior

Heating Forced Air, Forced Air - 90%, Mini Split
Cooling Central Air, Mini Split
Fireplace No
# of Stories 2
Has Basement Yes
Basement Exterior Entry, Finished

Exterior

Exterior Wood Siding
Lot Description Level
Roof Composition
Foundation Concrete Perimeter, Pillar/Post/Pier

School Information

Elementary Capitol Hill
Middle Jackson
High Ida B Wells

Additional Information

Date Listed April 4th, 2025
Days on Market 204
Zoning R5
Short Sale No
RE / Bank Owned No

Listing Details

OfficePremiere Property Group, LLC

Listing Map

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