SOLD APR 24, 2026

Off market apr 2026 for $390K

$449,983

Est. refi paymentEst. refi $2,564/mo

•

1,098

sq ft

3017 S Water Ave, Portland, OR 97201

About this home

***Motivated Seller – Affordable Downtown Portland Living Without HOA Fees*** Discover the perfect condo alternative in the heart of downtown Portland. This charming one-bedroom, one-bath suite offers the ease of low-maintenance living without the burden of HOA dues or monthly fees. The exterior was freshly painted in 2026, giving the home great curb appeal while the interior still showcases its original character and warmth. A new water heater was installed in January 2026, and the home includes air conditioning for year-round comfort.Inside, you’ll find a spacious bathroom, practical closet storage, and a comfortable living room accented with classic wainscoting that adds warmth and architectural charm. The functional layout makes the most of every square foot, creating a cozy yet efficient living environment. A washer and dryer are included for everyday convenience.Enjoy the rare benefit of a private yard—ideal for relaxing, gardening, or giving pets space to roam—along with a garage and basement that provide valuable storage, hobby space, or future potential.Located in a convenient downtown setting with easy access to shops, dining, parks, public transit, and the nearby OHSU tram, this home blends character, updates, and practicality. With no HOA fees, it’s an excellent opportunity for a first-time buyer, investor, or anyone seeking an affordable alternative to condo living in a central Portland location. [Home Energy Score = 7. HES Report at https://rpt.greenbuildingregistry.com/hes/OR10010177]

Single-familyProperty Type

1880Year Built

1,306 sq ftLot Size

$410Est. Price/Sq.Ft.

1 car garageParking

Listed by Martine Tammik • Keller Williams Sunset Corridor

Listed by Evette Elizondo • Keller Williams Sunset Corridor

Contact: 503-317-0000

Bought with Madeleine Rose • Premiere Property Group, LLC

Redfin checked: 3 minutes ago

•Source:RMLS #163646931

Redfin Estimate

$449,983

$60K since sold in April 2026$7,000 since October

Recently sold homes
Estimate history
Homes for sale

This home's estimate is 3.7% lower than the average sale price ($467K) of 5 comparable homes.

SOLD SEP 30, 2026
$389,000
A
2 beds1 bath1,414 sq ft
322 S Whitaker St, Portland, OR 97239
SOLD SEP 11, 2026
$435,000
B
2 beds1 bath951 sq ft
3214 SE 9th Ave, Portland, OR 97202
SOLD OCT 26, 2026
$555,000
C
3 beds2 baths2,055 sq ft
14 SW Whitaker St, Portland, OR 97239
SOLD AUG 21, 2026
$518,462
D
2 beds1 bath1,719 sq ft
3218 S Water Ave, Portland, OR 97239
BOUGHT WITH REDFIN SEP 3, 2026
$439,000
E
2 beds2 baths2,491 sq ft
3303 S Kelly Ave, Portland, OR 97239

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Earn from this home

Sell

$113,069

Est. take-home

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Refinance

Est. cash available

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Rent

$2,120/mo

Redfin rental estimate

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Market trends in South Portland, OR

Last updated October 2026

Buyer's Market

Seller's Market

Balanced market

Sale-to-list price

98.0%

+0.8% MoM

Median sale price

$490K

$41K MoM

Avg. days on market

72d

3 days MoM

Recently sold homes

3 MoM

New listings for sale

3D & VIDEO TOUR
$500,000
1 bed2 baths1,051 sq ft
3118 SW 4th Ave, Portland, OR 97201
April Esposito • Works Real Estate
See all

Provided by Redfin

Sale history for 3017 S Water Ave

Date

Event

Price

RMLS #163646931

Apr 24, 2026

Sold

$390,000

$355/sq ft

Apr 9, 2026

Pending

—

Mar 19, 2026

Price Changed

$440,000

$401/sq ft

Mar 11, 2026

Price Changed

$450,000

$410/sq ft

Feb 18, 2026

Listed

$475,000

$433/sq ft

RMLS #18224088

Apr 13, 2018

Sold

$389,900

$355/sq ft

Mar 21, 2018

Pending

—

Mar 16, 2018

Listed

$389,900

$355/sq ft

OPEN TUESDAY 3/20 12:00-2:00 Vintage charm with modern updates including a newer furnace, AC, new windows, new floors, original fixtures, plus a nice close-in location. Updated kitchen & bath, large living space, and a sunny office nook attached to the big bedroom. Awesome private patio with garden area! The huge garage/basement has room for two cars plus loads of storage. [Home Energy Score = 7. HES Report at https://api.greenbuildingregistry.com/report/pdf/R128807-20180314.pdf]

RMLS #15051830

Dec 30, 2015

Sold

$250,000

$228/sq ft

Nov 23, 2015

Price Changed

$260,000

$237/sq ft

Nov 19, 2015

Pending

—

Nov 15, 2015

Listed

$235,000

$214/sq ft

+11

Public Records

Apr 1, 1988

Sold

$28,000

$26/sq ft

Tax history for 3017 S Water Ave

*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

Baths

Stories

Lot width

—

Lot depth

—

Lot size

1,491 Sq. Ft.

Year renovated

1880

Sq. Ft.

672

Year built

1880

Style

Single Family Residential

County

Multnomah County

APN

R128807

Parking Spaces

—

Basement

—

Accessible

—

HOA Dues

—

Garage

—

Features

—

Last updated by owner on Oct 30, 2026.

RM4

Residential Multi-Dwelling 4 zone

The RM4 zone is a high density, urban-scale multi-dwelling zone applied near the Central City, and in town centers, station areas, and along civic corridors that are served by frequent transit and are close to commercial services. It is intended to be an intensely urban zone with a high percentage of building coverage and a strong building orientation to the pedestrian environment of streets, with buildings located close to sidewalks with little or no front setback. This is a mid-rise to high-rise zone with buildings of up to seven or more stories. The Design overlay zone is applied to this zone.

Zone overlays

Design Overlay Zone

Permitted uses

Include but are not limited to:

Housing
Housing-Group
Housing-Single unit
Housing-Multiple units
Housing-Senior
Park & open space

Property details

Parking

Parking Information
Parking Features: Driveway, On Street
Parking Total: 1

Garage Information
Garage Type: Attached
Garage Spaces: 1
Has Attached Garage: Yes

Interior

Appliances
Appliances: Dishwasher, Free-Standing Range, Free-Standing Refrigerator, Range Hood
Hot Water Description: Gas

Interior Features
Interior Features: Engineered Hardwood, Washer/Dryer
Window Features: Double Pane Windows, Vinyl Frames, Wood Frames
Basement: Full Basement, Unfinished

Bathroom Information
Bathrooms Full: 1
Bathrooms Full Main Level: 1
Bathrooms Total Integer: 1
Bathrooms Total Main Level: 1
Baths Total: 1

Room 4 Information
Area: 48
Description: Office
Features Cont: Wood Floors
Length: 12
Width: 4
Level: Main

Room 9 Information
Description: Dining Room

Room 10 Information
Description: Family Room

Room 11 Information
Description: Kitchen
Features Cont: Vinyl Floor
Level: Main

Room 12 Information
Area: 182
Description: Living Room
Features Cont: Wainscoting, Wood Floors
Length: 13
Width: 14
Level: Main

Room 13 Information
Area: 117
Description: Primary Bedroom
Features Cont: Wood Floors
Length: 13
Width: 9
Level: Main

Room 14 Information
Description: Great Room

Exterior

Exterior Features
Roof: Composition
Exterior Features: Deck, Fenced, Yard
Exterior Description: Wood Siding
Unreinforced Masonry Bldg: Unknown

Lot Information
Lot Size Square Feet: 1,306
Lot Size Range: 0K to 2,999 SqFt
Lot Size Acres: 0.03
Lot Size: 0K to 2,999 SqFt
Lot Features: Sloped
Parcel Number: R128807
Road Surface Type: Paved

Property Information
Property Type: Residential
Property Sub Type: Single Family Residence
Property Attached YN: No
Property Condition: Resale
Main Level Area Total: 688
Lower Level Area Total: 410
View YN: Yes
View Description: Seasonal

Building Information
Year Built: 1880
Building Area Total: 1,098
Building Area Description: Floorplan
Building Area Calculated: 688
Foundation Details: Concrete Perimeter, Slab

Financial

Tax Information
Tax Year: 2025
Tax Legal Description: CARUTHERS ADD, BLOCK 45, S 22.5' OF E 34' OF LOT 2, W 22' OF E 56
Tax Annual Amount: $4,950.30

Lease / Rent Information
Land Lease YN: No

Utilities

Utility Information
Green Certification YN: Yes
Fuel Description: Gas
Internet Service Type: Cable
Water Source: Public Water
Sewer: Public Sewer

Heating & Cooling
Heating YN: Yes
Heating: Forced Air
Cooling YN: Yes
Cooling: Central Air

Location

School Information
Elementary School: Ainsworth
Middle Or Junior School: West Sylvan
High School: Lincoln

Location Information
Directions: SW Corbett or SW Naito Pkwy to SW Porter to SW Water
Unparsed Address: 3017 S WATER AVE, Portland, OR 97201

Community Information
Senior Community YN: No

Public facts

Beds: 1
Baths: 1.0
Sq. Ft.: 672
Stories: 1.0
Lot Size: 1,491 square feet
Style: Single Family Residential
Year Built: 1880
Year Renovated: 1880
County: Multnomah County
APN: R128807

Home facts updated by county records on Oct 30, 2026

Other

Listing Information
MlsStatus: Sold

Listing Price Information
Price Type: List Price

New Construction Information
New Construction YN: No

Around this home

Schools

K - 12
Preschool & daycare

Ainsworth Elementary School

Public K-5 • Assigned • 1.3mi

9/10

West Sylvan Middle School

Public 6-8 • Assigned • 4.1mi

6/10

Lincoln High School

Public 9-12 • Assigned • 1.4mi

8/10

Provided by GreatSchools

Lifestyle

Provided by Walk Score and Local Logic

Climate risks

1/10 Flood Factor

Minimal risk of a flood reaching the building in the next 30 years

1/10 Fire Factor

Unlikely to be in a wildfire in next 30 years

3/10 Heat Factor

7 days above 92° expected this year, 15 days in 30 years

1/10 Wind Factor

Minimal risk of severe winds over next 30 years

10/10 Air Factor

19 unhealthy days expected this year, 20 days in 30 years

Provided by First Street

Historical weather

Portland, OR • 97201

Average low and high temperatures (°F)

Jan

Feb

Mar

Apr

May

Jun

Jul

Aug

Sep

Oct

Nov

Dec

Sun exposure

72/ 100

Good sunlight

Sunscore

There appears to be minimal shading by surrounding buildings, terrain, and vegetation.

8 hrs

3.6 hrs

JuneDecember

Provided by Shadowmap

Estimated sale price

$428,000 – $518,000

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New listings for sale in 97201

3D & VIDEO TOUR

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Home values near 3017 S Water Ave

Data from public records.

Address	Redfin Estimate
3029 South Water Ave, Portland, OR 5 Beds \| 3 Baths \| 2632 Sq. Ft.	$525,071
28 South Porter St, Portland, OR 1 Beds \| 1 Baths \| 588 Sq. Ft.	$276,407

Address	Redfin Estimate
18 South Porter St, Portland, OR 9 Beds \| 7 Baths \| 4779 Sq. Ft.	—
24 South Porter St, Portland, OR - Beds \| 4 Baths \| 2019 Sq. Ft.	$540,660

Address	Redfin Estimate
32 South Porter St, Portland, OR 4 Beds \| 2 Baths \| 1776 Sq. Ft.	$510,048
10 South Porter St, Portland, OR - Beds \| - Baths \| 14319 Sq. Ft.	—

Property information provided by RMLS when last listed in 2026. This data may not match . Learn more.

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GreatSchools Ratings provided by GreatSchools.org.

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About this home

Redfin Estimate

Earn from this home

Market trends in South Portland, OR

Sale history for 3017 S Water Ave

Tax history for 3017 S Water Ave

Public record

Property details

Around this home

Schools

Lifestyle

Climate risks

Historical weather

Sun exposure

Nearby similar homes

New listings for sale in 97201

Home values near 3017 S Water Ave

More real estate resources