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!
Active
$989,000
5816 S Corbett Ave, Portland, OR 97239
3beds
3,162sqft
Est.:
Multi Family
Built in 1905
-- sqft lot
$960,300 Zestimate®
$313/sqft
$-- HOA
What's special
Water featureFire pitTankless water heaterPrivate balconySpa like primary suiteGourmet kitchenHardwood floors
- 33 days
- on Zillow |
- 800 |
- 44 |
Zillow last checked: 7 hours ago
Listing updated: April 17, 2025 at 04:56am
Listed by:
Lawrence Burkett 503-680-3018,
Premiere Property Group, LLC,
Venous Sanaee 971-300-7770,
Premiere Property Group, LLC
Source: RMLS (OR),MLS#: 599957788

Travel times
Tour with a buyer’s agent
Tour with a buyer’s agent
Facts & features
Interior
Bedrooms & bathrooms
- Bedrooms: 3
- Bathrooms: 4
- Full bathrooms: 4
Heating
- Forced Air, Forced Air 90, Mini Split
Cooling
- Central Air
Appliances
- Included: Dishwasher, Refrigerator, Recirculating Water Heater
Features
- Flooring: Hardwood
- Windows: Window Coverings
- Basement: Exterior Entry,Finished,Storage Space
Interior area
- Total structure area: 3,162
- Total interior livable area: 3,162 sqft
Video & virtual tour
Property
Parking
- Total spaces: 4
- Parking features: Driveway, Garage
- Has garage: Yes
- Has uncovered spaces: Yes
Features
- Stories: 2
Lot
- Features: Level, SqFt 5000 to 6999
Details
- Parcel number: R173331
- Zoning: R5
Construction
Type & style
- Home type: MultiFamily
- Property subtype: Multi Family
Materials
- Wood Siding
- Foundation: Concrete Perimeter, Pillar/Post/Pier
- Roof: Composition
Condition
- Updated/Remodeled
- Year built: 1905
Utilities & green energy
- Gas: Gas
- Sewer: Public Sewer
- Water: Public
Community & HOA
Community
- Subdivision: Johns Landing
HOA
- Has HOA: No
Location
- Region: Portland
Financial & listing details
- Price per square foot: $313/sqft
- Annual tax amount: $8,880
- Date on market: 4/4/2025
- Listing terms: Cash,Conventional
- Total actual rent: 2050
- Road surface type: Paved
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