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Data Last Updated: 08/31/2026 03:23 PT
$749,000
3 beds · 1 bath · 1,484 sqft
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Discover a golden opportunity in Corbett—a property with incredible potential and a story to tell. Set on 1.30 acres, this unique offering includes three homes, all part of one purchase. Whether you’re dreaming of multi-generational living, a shared living space with friends, or a home that pays for itself through rental income, this property makes it possible. The main residence, built by a founding Corbett family, is rich with history and charm. It offers 3 bedrooms, 1 bath, and is approximately 1,484 sq ft including an unfinished basement. Two additional homes, each with 2 bedrooms and 1 bath, round out the property. Multnomah County recognizes all three as legal dwellings, and SRC zoning allows for a variety of uses. Prospective buyers need to confirm details directly with the county. This property has an ideal location within the Corbett community, being just minutes from the I-84 freeway, the Columbia River Gorge National Scenic Area, and Corbett's highly ranked schools. All three homes need substantial TLC, making this the perfect property for renovation and a large increase in value. Property will be sold AS-IS, no repairs. Please do not enter the property or disturb tenants. Showings by appointment only. Homes are rented on a month-to-month basis. Current monthly rental income for all three homes is $4065.00. Separate electric meters for each home. Two small homes share a water meter; water is paid by owner. All three homes are on one tax lot and cannot be sold separately. Addresses are 32500, 32510, and 32520 E Bell Rd. 32500=1484 SF; 32510=734 SF; 32520=776 SF. All square footage is approximate based on floor plan renderings.
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