Dynamic Lair Hill plex property. Currently used as 3plex. Ideal for owner-occupied investor. Main unit is 3bed/3ba w/ 2 master suites. High demand units always full. All systems, surfaces, finishes recently replaced w/ high-end, quality materials during studs out remodel in 2012. Stellar location. Easy access in all directions. Stone's throw to OHSU/downtown but cozy neighborhood vibe. Rental income info & financials available.46k NOI.
Single-familyProperty Type
1894Year Built
4,791 sq ftLot Size
$260Est. Price/Sq.Ft.
Listed by Eric Hagstette• Inhabit Real Estate
Contact: info@inhabitre.com
Bought with Stacy Butchart• Cascade Sothebys International Realty
Dynamic Lair Hill plex property: Excellent rental history, well-managed, always full. Most systems, surfaces, finishes recently replaced w/ high-end, quality materials. Studs out remodel in 2012. Main unit is 3bed/3ba w/ 2 master suites. Stellar location. Easy access in all directions. Stone's throw to OHSU/downtown but cozy neighborhood feel. Some rents may be under mrkt. High demand property well maintained/improved by hands-on owner.
RMLS #12574222
Dec 20, 2013
Sold
$539,000
$156/sq ft
Oct 2, 2013
Pending
—
Sep 18, 2013
Relisted
—
Sep 2, 2013
Pending
—
Aug 18, 2013
Price Changed
$549,000
$158/sq ft
Aug 6, 2013
Relisted
—
Jul 24, 2013
Pending
—
Jun 12, 2013
Price Changed
$548,900
$158/sq ft
May 3, 2013
Relisted
—
Jan 4, 2013
Pending
—
Sep 7, 2012
Listed
$549,000
$158/sq ft
Completed remodeled duplex in perfect condition.
RMLS #11500944
Mar 21, 2012
Sold
$232,000
$67/sq ft
Feb 13, 2012
Pending
—
Feb 4, 2012
Relisted
—
Dec 6, 2011
Pending
—
Nov 29, 2011
Price Changed
$234,000
$68/sq ft
Nov 7, 2011
Relisted
—
Oct 30, 2011
Pending
—
Oct 25, 2011
Price Changed
$249,900
$72/sq ft
Sep 28, 2011
Price Changed
$275,400
$80/sq ft
Aug 24, 2011
Listed
$299,900
$87/sq ft
Public Records
Apr 24, 1996
Sold
$213,000
$61/sq ft
Public Records
Jul 1, 1989
Sold
$117,500
$34/sq ft
Year
Property tax
Land + Additions
Assessment*
2025
$14,994 (+1.3%)
2024
$14,802 (+4.0%)
2023
$14,233 (+2.2%)
2022
$13,925 (+1.7%)
2021
$13,690 (+9.0%)
2020
$12,558 (+3.8%)
2019
$12,096 (+3.0%)
2018
$11,740 (+6.0%)
2017
$11,075 (+18.5%)
2016
$9,343 (+8.8%)
2015
$8,588 (+17.1%)
2014
$7,337 (+8.4%)
2013
$6,767 (+12.9%)
2012
$5,991 (−4.9%)
2011
$6,300 (−6.4%)
2010
$6,732 (+2.7%)
2009
$6,554
Tax history for 3205 SW Corbett Ave
Year
Property tax
Land + Additions
Assessment*
2025
$14,994 (+1.3%)
2024
$14,802 (+4.0%)
2023
$14,233 (+2.2%)
2022
$13,925 (+1.7%)
2021
$13,690 (+9.0%)
2020
$12,558 (+3.8%)
2019
$12,096 (+3.0%)
2018
$11,740 (+6.0%)
2017
$11,075 (+18.5%)
2016
$9,343 (+8.8%)
2015
$8,588 (+17.1%)
2014
$7,337 (+8.4%)
2013
$6,767 (+12.9%)
2012
$5,991 (−4.9%)
2011
$6,300 (−6.4%)
2010
$6,732 (+2.7%)
2009
$6,554
*Taxable value of land and structures on it ("additions") is determined regularly by local assessors and does not affect market price.
Public record
Public record
Zoning
Permits
Beds
4
Baths
5
Stories
1
Lot width
—
Lot depth
—
Lot size
5,000 Sq. Ft.
Year renovated
1894
Sq. Ft.
3,075
Year built
1894
Style
Multi-Family (2-4 Unit)
County
Multnomah County
APN
R129018
Parking Spaces
—
Basement
—
Accessible
—
HOA Dues
—
Garage
—
Features
—
Last updated by owner on Oct 30, 2026.
RM1
Residential Multi-Dwelling 1 Zone
The RM1 zone is a low-scale multi-dwelling zone that is generally applied in locations intended to provide a transition in scale to single-dwelling residential areas, such as the edges of mixed-use centers and civic corridors, and along or near neighborhood corridors. Allowed housing is characterized by one to three story buildings that relate to the patterns of residential neighborhoods, but at a somewhat larger scale and building coverage than allowed in the single-dwelling zones. The major types of new development will be duplexes, triplexes, rowhouses, courtyard housing, small apartment buildings, and other relatively small-scale multi-dwelling and small-lot housing types that are compatible with the characteristics of Portland's residential neighborhoods.
Permitted uses
Include but are not limited to:
Housing
Housing-Group
Housing-Single unit
Housing-Multiple units
Housing-Senior
May 31, 2017 • Final
Mechanical
Gas
HVAC
Aug 15, 2014 • Final
Mechanical
Install a new air conditioning system.
HVAC
Permit history is from public records and may be incomplete or inaccurate. Redfin and its agents make no representations about the property condition or permit status. Buyers should independently verify all information.