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]
Active
$525,000
3218 S Water Ave, Portland, OR 97239
2beds
1,719sqft
Residential, Single Family Residence
Built in 1910
3,484 Square Feet Lot
$510,300 Zestimate®
$305/sqft
$-- HOA
What's special
New aggregate patioCozy wood burning stoveElegant foyerBeautifully renovated bathroomAbsolutely stunning kitchenWhite oak floorsMagnificent mature magnolia tree
- 26 days |
- 2,288 |
- 254 |
Likely to sell faster than
Zillow last checked:
Listing updated:
Listed by:
Kevin Dean 503-481-4400,
Windermere Realty Trust,
Stacey Puppo 503-438-9700,
Windermere Realty Trust
Source: RMLS (OR),MLS#: 208773949
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Facts & features
Interior
Bedrooms & bathrooms
- Bedrooms: 2
- Bathrooms: 1
- Full bathrooms: 1
- Main level bathrooms: 1
Rooms
- Room types: Bonus Room, Laundry, Bedroom 2, Dining Room, Family Room, Kitchen, Living Room, Primary Bedroom
Primary bedroom
- Features: Wood Floors
- Level: Main
- Area: 121
- Dimensions: 11 x 11
Bedroom 2
- Features: Wood Floors
- Level: Main
- Area: 110
- Dimensions: 10 x 11
Dining room
- Features: Wood Floors
- Level: Main
- Area: 121
- Dimensions: 11 x 11
Kitchen
- Features: Pantry, Updated Remodeled, Quartz
- Level: Main
- Area: 110
- Width: 11
Living room
- Features: Bay Window, Hardwood Floors, Wood Stove
- Level: Main
- Area: 154
- Dimensions: 14 x 11
Heating
- Forced Air, Mini Split, Wood Stove
Cooling
- Has cooling: Yes
Appliances
- Included: Convection Oven, Dishwasher, Disposal, Free-Standing Gas Range, Free-Standing Refrigerator, Gas Appliances, Stainless Steel Appliance(s), Gas Water Heater
- Laundry: Laundry Room
Features
- High Ceilings, Pantry, Updated Remodeled, Quartz, Butlers Pantry
- Flooring: Hardwood, Tile, Wall to Wall Carpet, Wood
- Windows: Bay Window(s)
- Basement: Exterior Entry,Partial,Unfinished
- Number of fireplaces: 1
- Fireplace features: Stove, Wood Burning, Wood Burning Stove
Interior area
- Total structure area: 1,719
- Total interior livable area: 1,719 sqft
Video & virtual tour
Property
Parking
- Parking features: On Street
- Has uncovered spaces: Yes
Features
- Stories: 3
- Patio & porch: Patio, Porch
- Exterior features: Yard
- Fencing: Fenced
Lot
- Size: 3,484 Square Feet
- Features: Level, Private, SqFt 3000 to 4999
Details
- Parcel number: R129029
Construction
Type & style
- Home type: SingleFamily
- Architectural style: Victorian
- Property subtype: Residential, Single Family Residence
Materials
- Lap Siding
- Roof: Composition
Condition
- Resale,Updated/Remodeled
- New construction: No
- Year built: 1910
Utilities & green energy
- Gas: Gas
- Sewer: Public Sewer
- Water: Public
Community & HOA
Community
- Subdivision: Lair Hill
HOA
- Has HOA: No
Location
- Region: Portland
Financial & listing details
- Price per square foot: $305/sqft
- Tax assessed value: $492,280
- Annual tax amount: $8,198
- Date on market: 6/5/2026
- Listing terms: Cash,Conventional,FHA,VA Loan
- Road surface type: Paved
Estimated market value
$510,300
$485,000 - $536,000
$2,321/mo
Price history
| Date | Event | Price |
|---|---|---|
| 6/5/2026 | Listed for sale | $525,000+28.5%$305/sqft |
Source: | ||
| 6/2/2020 | Sold | $408,700+2.4%$238/sqft |
Source: | ||
| 4/26/2020 | Pending sale | $399,000$232/sqft |
Source: Flat Fee Realty, LLC #20487614 Report a problem | ||
| 4/11/2020 | Listed for sale | $399,000+45.6%$232/sqft |
Source: Flat Fee Realty, LLC #20487614 Report a problem | ||
| 8/2/2018 | Listing removed | $2,495$1/sqft |
Source: Owner Report a problem | ||
| 6/30/2018 | Price change | $2,495-3.9%$1/sqft |
Source: Owner Report a problem | ||
| 6/5/2018 | Listed for rent | $2,595+13.1%$2/sqft |
Source: Owner Report a problem | ||
| 2/26/2016 | Listing removed | $2,295$1/sqft |
Source: Owner Report a problem | ||
| 1/27/2016 | Price change | $2,295-4.2%$1/sqft |
Source: Owner Report a problem | ||
| 12/9/2015 | Listed for rent | $2,395+9.1%$1/sqft |
Source: Owner Report a problem | ||
| 3/1/2015 | Listing removed | $2,195$1/sqft |
Source: Owner Report a problem | ||
| 2/15/2015 | Listed for rent | $2,195$1/sqft |
Source: Owner Report a problem | ||
| 5/21/2010 | Listing removed | $274,000$159/sqft |
Source: John L Scott Real Estate #10028730 Report a problem | ||
| 4/8/2010 | Listed for sale | $274,000-16.7%$159/sqft |
Source: John L Scott Real Estate #10028730 Report a problem | ||
| 3/13/2009 | Listing removed | $329,000$191/sqft |
Source: Owner Report a problem | ||
| 1/30/2009 | Listed for sale | $329,000+36.5%$191/sqft |
Source: Owner Report a problem | ||
| 5/18/2005 | Sold | $241,000+14.8%$140/sqft |
Source: Public Record Report a problem | ||
| 5/25/2001 | Sold | $210,000+336.6%$122/sqft |
Source: Public Record Report a problem | ||
| 8/17/1995 | Sold | $48,100$28/sqft |
Source: Public Record Report a problem | ||
Public tax history
| Year | Property taxes | Tax assessment |
|---|---|---|
| 2025 | $8,198 +3.7% | $304,550 +3% |
| 2024 | $7,904 +4% | $295,680 +3% |
| 2023 | $7,600 +2.2% | $287,070 +3% |
| 2022 | $7,435 +1.7% | $278,710 +3% |
| 2021 | $7,310 +9% | $270,600 +3% |
| 2020 | $6,705 +3.8% | $262,720 +3% |
| 2019 | $6,459 | $255,070 +3% |
| 2018 | $6,459 +3% | $247,650 +3% |
| 2017 | $6,269 +14% | $240,440 +3% |
| 2016 | $5,498 | $233,440 +3% |
| 2015 | $5,498 +7.5% | $226,650 +3% |
| 2014 | $5,116 +19.7% | $220,050 +3% |
| 2013 | $4,275 +12.8% | $213,650 +3% |
| 2012 | $3,788 -4.7% | $207,430 +3% |
| 2011 | $3,976 -6.4% | $201,390 +3% |
| 2010 | $4,249 +2.7% | $195,530 +3% |
| 2009 | $4,136 +5.9% | $189,840 +3% |
| 2008 | $3,905 +0.2% | $184,320 +3% |
| 2007 | $3,896 +11.4% | $178,960 +3% |
| 2006 | $3,499 +4.7% | $173,750 +3% |
| 2005 | $3,340 -8.4% | $168,690 +3% |
| 2004 | $3,645 +3% | $163,780 +3% |
| 2003 | $3,540 +8.1% | $159,010 +3% |
| 2002 | $3,274 +36.4% | $154,380 +34.8% |
| 2000 | $2,400 | $114,550 |
Find assessor info on the county website
Monthly payment
Est. payment$--/mo
Payment breakdown
Explore the cost of this home by adjusting the details. Changes won't be saved.All calculations are estimates and provided by Zillow, Inc. for informational purposes only. Actual amounts may vary.
HOA fees may include property taxes on listings classified as Co-Ops. Contact the listing agent and/or owner for fee details.
Mortgage interest rates are dependent on a number of factors, including credit score, down payment, and repayment length. Interest rate data provided by Zillow Group Marketplace, Inc. as of 1/1/1970 from various mortgage lenders with which we have lead or other similar arrangements; the Estimated Payment is an average of those rates.
See how much you could borrow to make a competitive offer.
Climate risks
Neighborhood: Corbett-Terwilliger-Lair Hill
Nearby schools
GreatSchools rating
- 9/10Capitol Hill Elementary SchoolGrades: K-5Distance: 2.6 mi
- 8/10Jackson Middle SchoolGrades: 6-8Distance: 3.8 mi
- 8/10Ida B. Wells-Barnett High SchoolGrades: 9-12Distance: 1.7 mi
Schools provided by the listing agent
- Elementary: Capitol Hill
- Middle: Jackson
- High: Ida B Wells
Source: RMLS (OR). This data may not be complete. We recommend contacting the local school district to confirm school assignments for this home.
A local agent can set up tours, give advice and negotiate with sellers.
- Oregon
- Multnomah County
- Portland
- 97239
- Corbett-Terwilliger-Lair Hill
- 3218 S Water Ave







