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Listed by Keller Williams Sunset Corridor • 503-317-0000

$475,000

Est. payment - /mo

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1 Bed

1 Bath

1,098 SqFt

Open 2/21 12PM-2PM

3017 S WATER AVE Portland, OR 97201

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Nancy Kelly

nancy@nancykellyhomes.com +1(503) 805-5887

Open House

Sat Feb 21, 12:00pm - 2:00pm

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Key Details

Property Type Single Family Home

Sub Type Single Family Residence

Listing Status Active

Purchase Type For Sale

Square Footage 1,098 sqft

Price per Sqft $432

MLS Listing ID 163646931

Style Bungalow

Bedrooms 1

Full Baths 1

HOA Y/N No

Year Built 1880

Annual Tax Amount $4,950

Tax Year 2025

Lot Size 1,306 Sqft

Property Sub-Type Single Family Residence

Property Description

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]

Location

State OR

County Multnomah

Area _148

Rooms

Basement Full Basement, Unfinished

Interior

Interior Features Engineered Hardwood, Washer Dryer

Heating Forced Air

Cooling Central Air

Appliance Dishwasher, Free Standing Range, Free Standing Refrigerator, Range Hood

Exterior

Exterior Feature Deck, Fenced, Yard

Parking Features Attached

Garage Spaces 1.0

View Seasonal

Roof Type Composition

Garage Yes

Building

Lot Description Sloped

Story 2

Foundation Concrete Perimeter, Slab

Sewer Public Sewer

Water Public Water

Level or Stories 2

Schools

Elementary Schools Ainsworth

Middle Schools West Sylvan

High Schools Lincoln

Others

Senior Community No

Acceptable Financing Cash, Conventional, FHA, VALoan

Listing Terms Cash, Conventional, FHA, VALoan

Regional Multiple Listing Service (RMLS)

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Nancy Kelly

Broker | License ID: 880300070

+1(503) 805-5887

3017 S WATER AVE Portland, OR 97201

Nancy Kelly

Open House

Key Details

Location

Rooms

Interior

Exterior

Building

Schools

Others

NEARBY SCHOOLS & PROPERTIES

GET MORE INFORMATION

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3017 S WATER AVE