Listing provided courtesy of Windermere Realty Trust- MLS# 208773949MLS ProviderContact Information: 503-481-4400

3218 S WATER AVEPortland, OR 97239

Single Family · 2 Beds · 1 Full Bath · 1,719 Sq. ft. | 0.08 Acres
$525,000 Active

3218 S WATER AVE Overview

Time on Site:
24 days
Visits:
0

Open Sunday 12-2! Fabulous 2 Bedroom w/2 bonus rooms. Yes, you can have it all! Vintage elegance with modern updates and carefully preserved historic charm. The list of improvements is long - New roof, gutters & sewer line 2020. Studs out kitchen renovation in 2020 that includes quartz countertops, white oak floors, premium appliances (gas oven/range!) New furnace 2021. Upper level mini-split 2025, and more! From the elegant foyer to the beautifully reinvented laundry/pantry area the main floor is absolutely perfect. Living room & dining room feel welcoming and nostalgic. Need a minute? Settle into the cutest little office/reading nook with a cozy wood burning stove. On the main floor there are 2 high-ceiling bedrooms, a beautifully renovated bathroom and the absolutely stunning kitchen. AND there's more...Indulge your inner child and climb the loft steps to discover 2 delightful bonus rooms. Office? Playroom? Yoga? You decide! Outside, your own secret garden awaits. Peaceful & quiet w/native plants and a new aggregate patio beautifully centered around a magnificent mature magnolia tree. Modern comfort with all the grace and charm of yesteryear. Super convenient location minutes to streetcar, Downtown, OHSU & south waterfront Esplanade via pedestrian bridge one block away! Home Energy Score = 1. HES Report at https://rpt.greenbuildingregistry.com/hes/OR10183785

Love this property?
Create a profile so you can receive updates on this property as soon as they happen!
View Map

3218 S WATER AVE Facts & Features

  • Type Single Family
  • Sq. ft. 1,719
  • Price/Sq.ft. $305
  • Lot 0.08 Acres

Details

General

School Information

  • Elementary School: Capitol Hill
  • Middle Or Junior School: Jackson
  • High School: Ida B Wells

Building Information

  • Year Built: 1910

Location/Region

  • Country: US
  • County Or Parish: Multnomah
  • MLS Area Major: 148 - Portland NW/ SW/ S, Raleigh Hills
  • Subdivision Name: Lair Hill

Tax Information

  • Tax Annual Amount: 8198.46
  • Tax Year: 2025

General Information

  • Disclosures: Disclosure
  • Listing Terms: Cash,Conventional,FHA,VA Loan
  • Parcel Number: R129029
  • Property Condition: Resale
  • Property Sub Type: Single Family Residence
  • Property Type: Residential

Interior

Parking Information

  • Garage Spaces: 0

Beds/Baths

  • Bathrooms Full: 1
  • Bathrooms Partial: 0
  • Bathrooms Total: 1
  • Bedrooms Total: 2

Building Interior

  • Building Area Total: 1719.0

General Information

  • Appliances: Butler's Pantry,Convection Oven,Dishwasher,Disposal,Free-Standing Gas Range,Free-Standing Refrigerator,Gas Appliances,Quartz,Solid Surface Countertop,Stainless Steel Appliance(s)
  • Basement: Exterior Entry,Partial Basement,Unfinished
  • Cooling: Mini Split
  • Fireplace Features: Stove,Wood Burning
  • Fireplaces Total: 1
  • Heating: Forced Air,Mini Split,Wood Stove
  • Interior Features: Hardwood Floors,High Ceilings,Laundry,Tile Floor
  • Stories: 3

Exterior

Parking Information

  • Parking Features: On Street
  • Parking Total: 0

Lot Information

  • Lot Features: Level,Private
  • Lot Size Square Feet: 3484.0
  • Road Surface Type: Paved
  • Water Source: Public Water

Building Exterior/Construction

  • Architectural Style: Victorian
  • Roof: Composition

General Information

  • Exterior Features: Fenced,Patio,Porch,Yard
  • Sewer: Public Sewer

3218 S WATER AVE Neighborhood

Community

97239 (Portland) Demographics

39
Median Age
4,964
Population Density (per sq. mile)
79%
College Educated
$93,594
Estimated Median Income
4,411
Estimated Total Home Owners
4,838
Estimated Total Renters
48% / 52%
Estimated Owner / Renter Divide
2
Estimated Average Household Size
Community data courtesy of LiveBy, Inc.

Schools

School data courtesy of LiveBy, Inc. School ratings are based on a scale of 1-5, with 5 being the highest rating and 1 being the lowest rating.

3218 S WATER AVE Monthly Cost

$
$ %
%
$
$
* All calculations are estimates and provided by Reliance Network, for informational purposes only. Actual amounts may vary. ** Assumes 6.50% APR, 20% down payment, and conventional 30-year fixed rate first mortgage. Rates cited are for instructional purposes only; current rates are subject to change at any time without notice. You should not make any decisions based simply on the information provided. Additional required amounts such as taxes, insurance, homeowner association dues, assessments, mortgage insurance premiums, flood insurance or other such required payments should also be considered. Contact your mortgage company for current rates and additional information. Any mortgage broker or insurance agent that may appear is independent and is not affiliated with, endorsed by, or provided by the MLS.

3218 S WATER AVE Market Data

Based on the last 30 days in this zip code

$765,894
Average List Price
$350
Average Price per Square Foot
19
Properties Sold
132
Average Days on Market
154
Properties for Sale
Calculations provided by Reliance Network

3218 S WATER AVE History

Date Event Value Agent
6/5/2026Source: Regional MLS Added to Database
June 05, 2026