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$475,000 Just Listed

  • For Sale
  • Active
  • Single Family
  • 1 Bed
  • 1 Full Bath
  • 1,098 Sq. Ft.
  • Updated 8 hours ago

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Open House: 12:00 PM - 2:00 PM

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3017 S Water Ave,Portland, OR 97201

3017 S Water AvePortlandOR97201

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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]

Full Property Details for 3017 S Water Ave

General

  • Price: $475,000
  • Taxes: $4,950 (2025)
  • Status: Active
  • Type: Single Family
  • Source: RWMLS
  • MLS ID: 163646931
  • Updated: 2/19/2026
  • Added to Site: 2 day(s) ago

Interior

  • Interior Features: Engineered Hardwood, Washer/Dryer
  • Appliances: Dishwasher, Free-Standing Range, Free-Standing Refrigerator, Range Hood

Rooms

Bathrooms

  • Total Bathrooms: 1
  • Full Bathrooms: 1
  • Main - Full Baths: 1

Bedrooms

  • Total Bedrooms: 1
  • Primary Bedroom: 13 x 9, Main, 117 Sq. Ft.

Other Rooms

  • Living Room: 13 x 14, Main, 182 Sq. Ft.
  • Kitchen: Main
  • Office/Den/Study: 12 x 4, Main, 48 Sq. Ft.

Exterior

  • Exterior Features: Deck, Fenced, Yard

Parking

  • Garage: Yes
  • Attached garage: Yes
  • Total Spaces: 1
  • Parking Features: Driveway, On Street

Location

  • County: Multnomah
  • Driving Directions: SW Corbett or SW Naito Pkwy to SW Porter to SW Water

School Information

  • Elementary School: Ainsworth
  • Middle School: West Sylvan
  • High School: Lincoln

Community

  • Community Name: 148 - Portland NW/ SW/ S, Raleigh Hills

Heating & Cooling

  • Central air: Yes
  • Air Conditioning: Yes
  • Cooling Type: Central Air
  • Heating Type: Forced Air
  • Heating Fuel: Gas

Utilities

  • Sewer: Public Sewer
  • Water: Public Water

Structural Information

  • Property Detached: Yes
  • Architectural Style: Bungalow
  • Basement Desc.: Full Basement, Unfinished
  • Roof: Composition
  • Windows: Double Pane Windows, Vinyl Frames, Wood Frames
  • Stories/Levels: 2
  • Square Feet: 1,098
  • Year Built: 1880
  • Property Condition: Resale

Lot Features

  • Lot Size (Acres): 0.03
  • Lot Size (Sq. Ft.): 1,306
  • Lot Size: 0K to 2, 999 SqFt
  • Frontage: Paved
  • Lot Features: Sloped

Green Features

  • Green Certified: Yes

Financial Considerations

  • Tax Amount: $4,950.3
  • Tax Year: 2025
  • Terms: Cash, Conventional, FHA, VA Loan

Disclosures and Reports

  • Legal Description: CARUTHERS ADD, BLOCK 45, S 22.5' OF E 34' OF LOT 2, W 22' OF E 56
  • Disclosures/Reports: Disclosure
  • Property ID: R128807

Listed by Keller Williams Sunset Corridor (503) 270-5700, Martine Tammik (503) 317-0000

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— 3017 S Water Ave —

  • Martine Tammik

    Keller Williams Sunset Corridor

    503-270-5700

503-317-0000

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NMLS#: 1598647

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Be ready to buy your new home!

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NMLS#: 1598647

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Request a Quote

Save up to an additional 20% by bundling your home and auto together!

Schools serving 3017 S Water Ave

School District:Portland School District 1j
NameGradesDistance
Ainsworth Elementary School
2425 Southwest Vista Avenue, Portland, OR 97201
K-51.3 mi
West Sylvan Middle School
8111 Southwest West Slope Drive, Portland, OR 97225
6-84.1 mi
Lincoln High School, Portland, OR
1750 Southwest Salmon Street, Portland, OR 97205
9-121.5 mi
Disclaimer: School attendance boundaries provided by Pitney Bowes and are for reference only. Contact the school directly to verify enrollment eligibility.

Price & Sales History for 3017 S Water Ave Get Price Alerts and Save Property

Date
Details
Price
Change
Source
2/18/2026
Listed
$475,000
21.83%
MLS
4/13/2018
Sold
$389,900
—
Public Record
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Disclaimer: Historical sales information is derived from public records provided by the county offices. Information is not guaranteed and should be independently verified.

Tax History for 3017 S Water Ave

Year
Property Taxes
Change
Tax Assessment
Change
2025
$4,950
4%
$183,890
3%
2024
$4,772
4%
$178,540
3%
2023
$4,589
4%
$173,340
6%
2021
$4,414
-2%
$163,400
-3%
2022
$4,490
2%
$168,300
6%
2021
$4,414
13%
$158,650
3%
2019
$3,900
7%
$154,030
7%
2018
$3,655
4%
$144,390
3%
2017
$3,503
9%
$140,190
3%
2016
$3,206
3%
$136,110
3%
2015
$3,122
5%
$132,150
3%
2014
$2,975
-1%
$128,310
3%
2013
$2,992
—
$124,580
—
View All
Disclaimer: Historical tax information is derived from public records provided by the county offices. Information is not guaranteed and should be independently verified.

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Listed by Keller Williams Sunset Corridor (503) 270-5700, Martine Tammik (503) 317-0000

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3017 S Water Ave, Portland, OR 97201 (MLS# 163646931) is a Single Family property with 1 bedroom and 1 full bathroom. 3017 S Water Ave is currently listed for $475,000 and was received on February 18, 2026. Want to learn more about 3017 S Water Ave? Do you have questions about finding other Single Family real estate for sale in Southwest Portland? You can browse all Southwest Portland real estate or contact a Coldwell Banker agent to request more information.

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