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.
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Data displayed may be a portion of, and not a complete set of all listings published in the MLS. Last updated on: 12/18/2024, 9:21:00 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
YEAR
PROP. TAX
ASSESSMENT
2020
-
-
History based on county public records data.
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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.
We're sorry, we currently don't have assigned school data for this listing.
Nearby Schools
10
/10
Rieke Elementary School
1405 SW Vermont St
Distance between this listing and this school1.26 miles
Public District Grades KG-5
10
/10
Llewellyn Elementary School
6301 SE 14th Ave
Distance between this listing and this school1.46 miles
Public District Grades KG-5
10
/10
Abernethy Elementary School
2421 SE Orange Ave
Distance between this listing and this school1.67 miles
Public District Grades KG-5
Nearby Schools
9
/10
The Cottonwood School of Civics and Science
640 S Bancroft St
Distance between this listing and this school0.33 miles
Public Charter Grades KG-8
6
/10
Robert Gray Middle School
5505 SW 23rd Ave
Distance between this listing and this school1.28 miles
Public District Grades 6-8
9
/10
Winterhaven School
3830 SE 14th Ave
Distance between this listing and this school1.31 miles
Public District Grades KG-8
Nearby Schools
8
/10
Ida B. Wells High School
1151 SW Vermont St
Distance between this listing and this school1.10 miles
Public District Grades 9-12
5
/10
Cleveland High School
3400 SE 26th Ave
Distance between this listing and this school1.93 miles
Public District Grades 9-12
7
/10
Lincoln High School
1600 SW Salmon St
Distance between this listing and this school2.10 miles
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. Residents typically live in single, no kids family. 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.
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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.
Over 253 listings were sold over their listed price in November 2024 in Portland, OR. In the same period over 320 listings were sold below the listed price and 166 listings were sold for the listed price. The inventory of homes for sale in Portland, OR between October 2024 and November 2024 decreased by 11.9%. While the average time on the market in November 2024 was 54 days, the median list price was $542,392.
From Rocket Homes Real Estate and based on county public records data.
The 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. 
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