1 year on rocket

S Water Ave, Portland, OR, 97201

$500,000

0.15 Acres
Land

Location

Image provided by Mapbox

Property Highlights

Home TypeMixed Use
ViewCity, River
MLS #23536197
Lot Size0.15 Acres
StatusActive

About S Water Ave

This unique opportunity is a flat, paved 5,300 sq ft parking lot comprised of three CI2 tax lots nestled in South Portland. Make sure not to overlook the unique zoning that allows for commercial uses, including storefront/retail, outside of its apparent university designations; this zoning is comparable to CM3. The floor area ratio (FAR) is 3:1, and it allows for a maximum height of 75'.This lot has excellent access to OHSU, Under Armour, PSU, SW, and downtown Portland. It is also in close proximity to the Ross Island Bridge, providing a quick trip across the Willamette River to some of Portland's most popular Eastside neighborhoods. This location boasts a desirable walk, bike, and transit score, with many public transit stops just around the corner. Please note that this paved lot is secured by a gated silver link fence.

Property Details

Property Features

Listing Office:

  • Office Name: RE/MAX Equity Group
  • Office Phone: (503) 287-8989
  • Listing Agent: Connor McWilliams, Sophia Kuhn

Exterior Features

Exterior Information:

  • View: City, River

Parking Information:

  • Attached Garage: No

Lot Features

Lot Information:

  • Lot: Corner Lot, Secluded
  • Lot Size: 0.15 Acres

Other

Directions Information:

  • Directions: S Water Ave

Price Information

Listing Price Info

Price Summary:

  • List Price: $500,000
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Housing Market Comparison

See how this home compares to others in Portland, OR.

Med. Sold Price

$541.3K

Med. Price/SqFt

$315

Avg. Days On Market

48

# of Sold Homes

849

S Water Ave vs Portland

533 DAYS ON ROCKET

+485 Days

$500,000

-$41.3K Less

KEY TAKEAWAY

This property is $41.3K less than the Median Sold Price in Portland, OR.

Based on homes sold in the last 12 months

MLS Details

MLS Information:

  • MLS Name: Regional Multiple Listing Service, Inc.
  • MLS Number: #23536197

Listing Office:

  • Office Name: RE/MAX Equity Group
  • Office Phone: (503) 287-8989
  • Listing Agent: Connor McWilliams, Sophia Kuhn

IDXThe content relating to real estate for sale on this web site comes in part from the IDX program of the RMLS of Portland, Oregon. Real estate listings held by another brokerage firm are marked with the RMLS logo, and detailed information about these properties includes the names of the listing brokers. Listing content is copyright © 2024 Regional Multiple Listing Service, Inc. (RMLS™) Portland, Oregon.

The information on this web site is provided exclusively for consumers' personal, non-commercial use and may not be used for any purpose other than to identify prospective properties consumers may be interested in purchasing. We are not responsible or liable for misinformation, misprints, or typographical errors. All information provided is deemed reliable but is not guaranteed and should be independently verified through personal inspection by and/or with the appropriate professionals. Properties subject to prior sale, change, withdrawal or rental. All data, including all measurements and calculations of area, is obtained from various sources and has not been, and will not be, verified by broker or MLS. All information should be independently reviewed and verified for accuracy. Properties may or may not be listed by the office/agent presenting the information.

Data displayed may be a portion of, and not a complete set of all listings published in the MLS.
Last updated on: 11/17/2024, 6:20:58 AM Eastern. If you have any questions regarding the accuracy of this data, please contact us at help@rockethomes.com.

Property Sales & Tax

Tax History

YEARPROP. TAXASSESSMENT
2020 - -

History based on county public records data.

Payment Calculator

$2,563

Per Month

Recommended Financing

30-Year Fixed

Rate/APR

7.5% / 6.68%

Total Monthly Payment

$1,566

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Schools

Schools Nearby

The school rating is a score out of 10, where 10 is the highest and 1 is the lowest. Assigned schools have a bold outline.

Nearby Schools

school-card-donut-333498
10
/10
  • Rieke Elementary School

  • 1405 SW Vermont St

  • 1.26 miles

  • Public District Grades KG-5

school-card-donut-333499
10
/10
  • Llewellyn Elementary School

  • 6301 SE 14th Ave

  • 1.46 miles

  • Public District Grades KG-5

school-card-donut-333500
10
/10
  • Abernethy Elementary School

  • 2421 SE Orange Ave

  • 1.67 miles

  • Public District Grades KG-5

Neighborhood

What Are The Neighbors Like?

The neighbors living near this home have an average income of $43,397. The majority of Portland, OR residents have income less than $35k annually. The most common type of family is single, no kids. The majority of residents in this area have post secondary degree education.

All data provided by Home Junction and Claritas

Frequently Asked Questions About S Water Ave

What is the listing price of this property?

The listing price of S Water Ave property is $500,000.

What type of property is this?

The property S Water Ave is land located in Portland, Oregon, 97201.

Is this property for sale now?

Active Listing: S Water Ave is For Sale (Active/New) which means the seller is accepting offers.

How much acreage is this property?

The property S Water Ave is 0.15 acres.
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Rocket HomesOregonMultnomah CountyPortland97201S Water Ave

This home is located at S Water Ave in Portland, OR and zip code 97201 in the South Portland neighborhood. This home sits on a 0.15 acre lot. It has been listed on Rocket Homes since June 03, 2023 and is currently priced at $500,000.

In October 2024 more than 298 listings in Portland, OR were sold above the asking price. During the same period more than 212 listings were sold at asking price, while more than 339 were sold below. Between September 2024 and October 2024, Portland, OR real estate market has seen increase in the number of listings by 4.2%. While the average time on the market in October 2024 was 48 days, the median list price was $541,309.

From Rocket Homes Real Estate and based on county public records data.

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