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
School Info
Assigned Schools Information:
Wilson High School, Public District Grades 9-12
Jackson Middle School, Public District Grades 6-8
Capitol Hill Elementary School, Public District Grades KG-5
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.
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: 4/23/2024, 6:25:22 PM 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.
Elementary School
7
/10
Capitol Hill Elementary School
8401 SW 17th Ave
Distance between this listing and this school1.99 miles
Public District Grades KG-5
Middle School
8
/10
Jackson Middle School
10625 SW 35th Ave
Distance between this listing and this school3.37 miles
Public District Grades 6-8
High School
5
/10
Wilson High School
1151 SW Vermont St
Distance between this listing and this school1.10 miles
Public District Grades 9-12
Assigned Schools
7
/10
Capitol Hill Elementary School
8401 SW 17th Ave
Distance between this listing and this school1.99 miles
Public District Grades KG-5
Nearby Schools
5
/10
Rieke Elementary School
1405 SW Vermont St
Distance between this listing and this school1.24 miles
Public District Grades KG-5
5
/10
Llewellyn Elementary School
6301 SE 14th Ave
Distance between this listing and this school1.47 miles
Public District Grades KG-5
Assigned Schools
8
/10
Jackson Middle School
10625 SW 35th Ave
Distance between this listing and this school3.37 miles
Public District Grades 6-8
Nearby Schools
7
/10
Southwest Charter School
640 Sw Bancroft St
Distance between this listing and this school0.35 miles
Public Charter Grades KG-8
7
/10
Gray Middle School
5505 SW 23rd Ave
Distance between this listing and this school1.28 miles
Public District Grades 6-8
Assigned Schools
5
/10
Wilson High School
1151 SW Vermont St
Distance between this listing and this school1.10 miles
Public District Grades 9-12
Nearby Schools
5
/10
Cleveland High School
3400 SE 26th Ave
Distance between this listing and this school1.95 miles
Public District Grades 9-12
8
/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. Most Portland, OR residents have annual incomes less than $35k. Typical family type is single, no kids. The most common level of education of people living in this area is post secondary degree.
All data provided by Home Junction and Claritas
Living In South Portland, Portland
What type of housing is available in South Portland, Portland?
In South Portland, many buildings are large apartment buildings, and the rest of the houses are mainly small apartment buildings and single detached homes. Around 40% of properties in this area were constructed following the year 2000, while most of the remaining buildings were built pre-1960 and in the 1960s. This part of Portland is primarily composed of one bedroom and two bedroom homes. About 60% of the population of this neighborhood rent their home while owners make up the remainder.
Is South Portland, Portland a good place to live?
There are a lot of green spaces to enjoy in South Portland, as well as some areas with a vibrant atmosphere. Getting to parks from most locations in the neighborhood, such as Duniway Park and Buterfly Park, is very easy since there are a few of them nearby for residents to discover. This part of the city is a good area for those who don't mind a little noise, as traffic during busier hours of the day can occasionally be loud, although that is not always the case in the neighborhood.
Are things conveniently located in South Portland, Portland?
Residents will value that no matter where their home is situated in South Portland, primary schools are close by. On the other hand, South Portland does not have any high schools. At the elementary level, both public and private schools can be found. Concerning eating, it is very easy to reach the closest grocery store on foot in South Portland. Additionally, there is typically a restaurant or cafe just around the corner. It is also convenient to get to a variety of clothing stores on foot.
What does the transportation in South Portland, Portland look like?
South Portland allows homeowners to move around by several alternative means of transportation. It is easy for people walking to navigate this area; meeting daily needs is easy, and numerous businesses are nearby. The public transit network in this part of the city is fairly good as a result of around 20 nearby bus lines. This area is also an extremely good part of Portland for getting around by car. It is straightforward to park, and it is a very short drive to the nearest highway, such as Pacific Highway, from any home in this neighborhood.
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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.
What are the assigned schools for this property?
The assigned schools for S Water Ave are: Capitol Hill Elementary School: GreatSchools Rating 7/10Jackson Middle School: GreatSchools Rating 8/10Wilson High School: GreatSchools Rating 5/10
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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.
In March 2024 more than 245 listings in Portland, OR were sold above the asking price. During the same period more than 149 listings were sold at asking price, while more than 217 were sold below. Between February 2024 and March 2024, Portland, OR real estate market has seen increase in the number of listings by 8%. In March 2024, listings were on the market for 44 days. During the same period, the median list price in this real estate market was $539,441.
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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