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Three-Residence Multifamily Property
For Sale
$749,000

32510 E BELL Rd, Corbett, OR 97019

MultiFamily, Corbett, OR

Property SizeContact for details
Lot Size1.30 Acres
Days on Market53

Property Features for 32510 E BELL Rd

General Information

Property type Residential Multi Family
Property subtype Other
Zoning SRC
Bedrooms 7
Bathrooms 3
Full bathrooms 3
Rooms Bedroom 5, Bathroom 3, Bathroom 1, Bedroom 4, Bedroom 1, Bedroom 7, Bathroom 2, Bedroom 6, Bedroom 2, Bedroom 3
View Territorial
Elementary school Corbett
Middle school Corbett
High school Corbett
Directions Exit 18 off I-84 East, follow Scenic Highway to Springdale, left on Bell Rd near CAPS School.
Subdivision _144
Standard status Active
APN R322514
Lot size 1.30 Acres

Taxes and HOA fees

Tax Description SECTION 33 1N 4E, TL 800 1.30 ACRES
Tax Annual Amount 4356
Legal Description SECTION 33 1N 4E, TL 800 1.30 ACRES

Utilities

Heating system Forced Air, Baseboard

Building Details

Year built 1919
Number of units 3
Roof type Composition
Listing Agency: RE/MAX Equity Group · RE/MAX International
Listed By: Cindy Smith · License #201225025
Added: Jul 17 Changed: Sep 1 Last Checked: Sep 7 at 7:06PM
MLS# 537188672

Copyright © 2026 Regional Multiple Listing Services. All rights reserved. All information provided by the listing agent/broker is deemed reliable but is not guaranteed and should be independently verified.

Investment Insights

Based on property information with market context.

This multifamily property comprises three legal residences on a 1.30-acre parcel. The historic primary home, built in 1919, contains 3 bedrooms and 1 bathroom across approximately 1,484 square feet, including an unfinished basement. Two additional dwellings each provide 2 bedrooms and 1 bathroom. The homes currently operate as rentals, while the property may also support other arrangements subject to buyer verification and applicable county requirements. SRC zoning is in place, and Multnomah County confirms all three structures as legal dwellings.

The property is in Corbett, an unincorporated community in Multnomah County, with access to I-84, Portland, and PDX. The Columbia River Gorge National Scenic Area is nearby, and the property is within the Corbett School District. All three homes require repairs and updates. The sale is AS-IS, with no repairs by the seller, and showings are available by appointment only.

Key Highlights

  • Three legal residences on a 1.30‑acre lot
  • Primary residence includes 3 bedrooms, 1 bathroom, approximately 1,484 sq ft, and an unfinished basement
  • Two additional dwellings, each with 2 bedrooms and 1 bathroom

Property Analytics

Current Use

Multifamily properties

Suggested Use

Top Pick Building Supply Big Box & Wholesale Store HVAC Service Cafe & Coffee Shop Grocery & Convenience Store Daycare Center

Score = modeled unmet demand for each use within ~1 mi (higher = bigger opportunity). Zoning and permitted uses should be independently verified with local authorities.

Lease Details

3
Residential units
Yes
Highway access

Location Intelligence

Trade Area within ½ mile

41
Businesses Nearby

Demographics for 97019, OR

3,221
Population
1,207
Households
2.7
Avg Household Size
45
Median Age
43%
College-Educated
94%
High-School Grad
78.8 sq mi
ZIP Area
41
Density / Sq Mi
$107,604
Median Household Income
$42,453
Median Earnings
$1,809
Median Rent
$665,600
Median Home Value

Market

Vacancy Rate% for Multifamily in West region

7% 2022
7.8% 2023
8.6% 2024
8.6% 2025
Rey
Questions? Ask Rey
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Frequently Asked Questions

What type of property is this?
Multifamily property - Three legal dwellings on one acreage parcel, currently operated as rentals and offered in its existing condition.
Where is this multifamily property located?
The property is located at 32510 E BELL Rd Corbett, OR.
What is the asking price?
The asking price for this property is $749,000.
What are key features of this property?
This property features: Three legal residences on a 1.30‑acre lot; Primary residence includes 3 bedrooms, 1 bathroom, approximately 1,484 sq ft, and an unfinished basement; Two additional dwellings, each with 2 bedrooms and 1 bathroom
More about this property
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