$450000

Price cut: $25K (03-11-2026)

1 Bed
1 Bath
1098 SqFt
26 DOM
Built: 1880
Status: Active

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Krishna Regupathy

Principal Broker

(503) 893-8874

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]

Listing Provided Courtesy of Martine Tammik, Keller Williams Sunset Corridor

General Information

MLS #163646931
TypeSingleFamilyResidence
Days on Market 26 DOM
Beds1
Lot Size 1306.8 SqFt
Baths1
SqFt1098
Year built1880
Zoning
CountyMultnomah
Tax IDR128807
ElemAinsworth 9/10
MiddleWest Sylvan
HighLincoln
PropCategoryResidential
PropTypeSingleFamilyResidence
Neighborhood (Legal)CARUTHERS ADD, BLOCK 45, S 22.5' OF E 34' OF LOT 2, W 22' OF E 56

Listing Provided Courtesy of Martine Tammik, Keller Williams Sunset Corridor

Krishna Realty data last checked: Mar 16, 2026 07:54 | Listing last modified Mar 16, 2026 00:21, Source:

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Residence Information

Upper SqFt0
Main SqFt688
Lower SqFt410
Total SqFt1098
SFSrcFloorplan
TotUp/Mn688
Fireplaces
Bdrms1
Full Bath1
Partial Bath0
Total Bath1
RoofComposition
Garage1, Attached
StyleBungalow
ParkingDriveway,OnStreet
Levels2
Year Built1880
Green CertYes
Energy Eff
ExteriorWoodSiding
Bsmt/FndFullBasement,Unfinished
RV
URM
BasementFullBasement,Unfinis
FoundationConcretePerimeter,Sl
WindowsDoublePaneWindows,Vi
Amenities

Features and Utilities

Living
KitchenDishwasher, FreeStandingRange, FreeStandingRefrigerator, RangeHood
InteriorEngineeredHardwood, WasherDryer
ExteriorDeck, Fenced, Yard
Accessibility
CoolCentralAir
WaterGas
HeatForcedAir
SewerPublicSewer
Hot WaterGas
FuelGas

Financial

PTax/Yr4950.3
HOA0
HOA Incl
HOA Fee
Other Dues
Terms ConsideredCash,Conventional,FHA,VALoan
List Date02-18-2026
Rent (If Rented)
Bank Owned/REONo
Short SaleNo

Comparable Information

Pending Date
DOM 26
CDOM 26
Sold Date
TermsCash,Conventional,FHA,VALoan
Original Price$475,000
List Price$450,000
Sold Price
Last ModifiedMar 16, 2026 00:21

Schools

public Elementary : Ainsworth 9/10 Ratings

Middle : West Sylvan N/A Ratings

High : Lincoln N/A Ratings

Map

Listing courtesy of Keller Williams Sunset Corridor.

The content relating to real estate for sale on this site comes in part from the IDX program of the RMLS of Portland, Oregon. Real Estate listings held by brokerage firms other than this firm are marked with the RMLS logo, and detailed information about these properties include the name of the listing's broker. Listing content is copyright © 2019 RMLS of Portland, Oregon. All information provided is deemed reliable but is not guaranteed and should be independently verified. Krishna Realty data last checked: Mar 16, 2026 07:54 | Listing last modified Mar 16, 2026 00:21. Some properties which appear for sale on this web site may subsequently have sold or may no longer be available.

3017 S WATER AVE