Available Listings

$749,900
Active

John'S Landing Area Multifamily

Active

3915 S Corbett Ave Portland, OR 97239

4 Bed
4 Baths
2952 sqft
MLS# 473729676
OPEN HOUSE, TUESDAY, 6/17, FROM 11AM TO 1PM! Unlock the doors to a unique opportunity in the heart of Johns Landing. This 4-plex not only offers a cozy haven for residents, but also opens the door to owner-occupied possibilities or lease the entire building out at a wonderful 8 CAP. Each one-bedroom, one-bath unit provides a comfortable retreat with unique built-in drop down eating nooks, built-ins, updated counters and backsplash in the kitchens, 2 feature new LVP flooring while 2 offer fir flooring. Basement previously had a 5th non conforming unit, but making it a conforming unit would be costly . Also found in the basement is the common laundry facilites that streamline daily chores. 2 storage units exist in the basement for additional income along with 3 garages that can also be rented. There is a shared backyard with garden beds and additional potential for development. NEW electrical panels and meters, a new sewer line, a new garage roof, structural stabilization of the garages and entry stairs, and basement storage build-out have all been completed at this amazing asset. Immerse yourself in the charm of John's Landing with all its amenities and proximity to the river and downtown, where urban living seamlessly blends with tranquility. This isn't just a property, its an invitation to live, invest, and embrace the neighborhood's distinctive character. Imagine calling one of these units home while managing the others. Walk to cafe's, coffee, mass transportation and all the south waterfront has to offer.
Listing Courtesy of RMLS / Windermere Realty Trust / Jeff Capen