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S WATER AVE Portland, OR $ 500,000
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$ 500,000 Get more info
S WATER AVE
$ 500,000
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Share Save

S WATER AVE

Portland, OR, 97201
$ 500,000
Baths0.0

Monthly Estimate*

$ 3,323

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Studio

Lots and Land for sale in Portland, OR

for $500,000. The lot size is 0.15.

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.

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Lots and Land Active

Price

$ 500,000

Bedrooms

Studio

Property Type

Lots and Land

Taxes

$ 1,280

Style

MixedUse

Lot Size

0.15

Town/City

Portland

County/Region

Multnomah

MLS | Web ID

23536197
Features
General
Zoning CI2
Property SubType MixedUse
Tax Year 2023
County Multnomah
Property Type Land
Subdivision Name CORBETT
Status Active
Directions S Water Ave
High School Lincoln
City Portland
Disclosures Disclosure
MLS Area _148
Lot Size Square Feet 6534.0
Street Name WATER
Listing Terms CallListingAgent Cash Conventional Other
Elementary School Ainsworth
Tax Annual Amount 1280.76
Middle/Junior High School West Sylvan
Days on Market 363
Standard Status Active
Legal Description CARUTHERS ADD BLOCK 45 E 38' OF LOT 4
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Exterior
Lot Features CornerLot Secluded
Lot Size Acres 0.15
Road Surface Type Concrete Paved
Number of Lots 3
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Interior
Street Suffix AVE
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* Excluded Features
List By
Re/Max Equity Group

Broker

connor@mcwilliamsmaes.com

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Affordability Calculator

$3,430
Per Month
97%
3%
0%
Monthly Principal & Interest
$3,323
Monthly Property Taxes
$107
Monthly Home Insurance
--
Default based on a 30-year fixed rate of 6.99% with 20% down. The estimated payment is offered for convenience and is not an offer of credit. Due to market fluctuations, interest rates are subject to change at any time and without notice. Your individual rate may vary. Rates may differ for FHA, VA or jumbo loans.
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Nearby
1949242 Elementary School
1948992 Middle School
Lincoln High School High School
See complete school information
Pricing History
DatePricePrice ChangeDescription
3/20/2024$500,000 -9.09% Price Down
6/3/2023$550,000 Listed Price

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S WATER AVE, Portland, OR, 97201 is a Lots and Land for sale at $500,000 with a lot size of 0.15. S WATER AVE is a studio with 0.0 baths. The property's zip code is 97201 which is in Portland, OR

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