Sparkling clean townhome with gorgeous, freshly refinished real hardwood floors, new bathroom tile floors, and brand new carpeting. (booties provided!) Freshly painted kitchen cabinets, all appliances included. The kitchen has a beautiful nook for your breakfast and the dining room is just off the kitchen - both with new lighting. This bright, light and open townhome is so cheerful you just have to love it! Vast living room with big windows opens to a view deck and stairs to the garden. The upper floor is all primary suite, with terrific storage and large windows, a big bathroom and walk-in closet. Room for a desk or reading nook in the hallway. Downstairs, you'll enjoy outside access to the level brick patio and beautiful gardens. Two nice bedrooms, hall bath and laundry room complete the package. Under garage and in-garage storage make this house so livable! Lovingly purchased for its excellent proximity to Portland State Univ. and blocks to the tram, this centrally located home is perfect for OHSU or PSU workers, or anyone who loves being so close to downtown. NO HOA, just a maintenance agreement with the neighbor - you can rent or enjoy it all to yourself. Garden was professionally installed and the lush plants are a summer treat. What a terrific home! [Home Energy Score = 5. HES Report at https://rpt.greenbuildingregistry.com/hes/OR10238025]
Sold
$599,000
3840 S Water Ave, Portland, OR 97239
3beds
2,183sqft
Residential, Townhouse
Built in 1994
2,613.6 Square Feet Lot
$601,700 Zestimate®
$274/sqft
$3,680 Estimated rent
Home value
$601,700
$566,000 - $644,000
$3,680/mo
Zestimate® history
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$3,661/mo
Est. payment
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$3,661/mo
Est. payment
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List your homeWhat's special
Beautiful gardensView deckBig bathroomWalk-in closetLarge windowsFreshly painted kitchen cabinetsBrand new carpeting
Zillow last checked:
Listing updated:
Listed by:
Cary Perkins 503-720-4455,
Windermere Realty Trust
Bought with:
Eliott Long, 201227460
Move Real Estate Inc
Source: RMLS (OR),MLS#: 733866290
Facts & features
Interior
Bedrooms & bathrooms
- Bedrooms: 3
- Bathrooms: 3
- Full bathrooms: 2
- Partial bathrooms: 1
- Main level bathrooms: 1
Primary bedroom
- Features: Bathroom, Bathtub, Shower, Walkin Closet, Wallto Wall Carpet
- Level: Upper
- Area: 247
- Dimensions: 19 x 13
Bedroom 2
- Features: Wallto Wall Carpet
- Level: Lower
- Area: 120
- Dimensions: 12 x 10
Bedroom 3
- Features: Wallto Wall Carpet
- Level: Lower
- Area: 90
- Dimensions: 10 x 9
Dining room
- Features: Great Room, Hardwood Floors
- Level: Main
- Area: 140
- Dimensions: 14 x 10
Family room
- Features: Patio, Wallto Wall Carpet
- Level: Lower
- Area: 204
- Dimensions: 17 x 12
Kitchen
- Features: Builtin Range, Dishwasher, Hardwood Floors, Free Standing Refrigerator
- Level: Main
- Area: 176
- Width: 11
Living room
- Features: Deck, Fireplace, Hardwood Floors, Living Room Dining Room Combo
- Level: Main
- Area: 204
- Dimensions: 17 x 12
Heating
- Forced Air, Fireplace(s)
Cooling
- Central Air
Appliances
- Included: Built-In Range, Dishwasher, Disposal, Free-Standing Refrigerator, Microwave, Plumbed For Ice Maker, Washer/Dryer
Features
- High Ceilings, High Speed Internet, Great Room, Living Room Dining Room Combo, Bathroom, Bathtub, Shower, Walk-In Closet(s)
- Flooring: Hardwood, Tile, Wall to Wall Carpet
- Windows: Double Pane Windows, Vinyl Frames
- Basement: Daylight,Finished,Separate Living Quarters Apartment Aux Living Unit
- Number of fireplaces: 1
- Fireplace features: Gas
- Common walls with other units/homes: 1 Common Wall
Interior area
- Total structure area: 2,183
- Total interior livable area: 2,183 sqft
Property
Parking
- Total spaces: 1
- Parking features: Driveway, Garage Door Opener, Attached
- Attached garage spaces: 1
- Has uncovered spaces: Yes
Features
- Stories: 3
- Patio & porch: Deck, Patio
- Exterior features: Garden
- Fencing: Fenced
- Has view: Yes
- View description: River, Territorial
- Has water view: Yes
- Water view: River
Lot
- Size: 2,613 sqft
- Features: Corner Lot, Gentle Sloping, Level, SqFt 0K to 2999
Details
- Additional structures: SeparateLivingQuartersApartmentAuxLivingUnit
- Parcel number: R236912
Construction
Type & style
- Home type: Townhouse
- Property subtype: Residential, Townhouse
- Attached to another structure: Yes
Materials
- Cedar
- Foundation: Concrete Perimeter
- Roof: Composition
Condition
- Resale
- New construction: No
- Year built: 1994
Utilities & green energy
- Gas: Gas
- Sewer: Public Sewer
- Water: Public
- Utilities for property: Cable Connected
Community & neighborhood
Security
- Security features: Security System Owned
Location
- Region: Portland
- Subdivision: Lair Hill/Corbett
Other
Other facts
- Listing terms: Cash,Conventional
- Road surface type: Concrete
Price history
| Date | Event | Price |
|---|---|---|
| 2/23/2026 | Sold | $599,000$274/sqft |
Source:  RMLS (OR) #733866290 Report a problem | ||
| 1/26/2026 | Pending sale | $599,000$274/sqft |
Source: RMLS (OR) #733866290 Report a problem | ||
| 11/8/2025 | Listed for sale | $599,000$274/sqft |
Source: RMLS (OR) #733866290 Report a problem | ||
Public tax history
| Year | Property taxes | Tax assessment |
|---|---|---|
| 2025 | $10,364 -1.9% | $412,200 +3% |
| 2024 | $10,568 +4% | $400,200 +3% |
| 2023 | $10,159 +3.6% | $388,550 +3% |
| 2022 | $9,810 +14% | $377,240 +3% |
| 2021 | $8,606 +6.6% | $366,260 +3% |
| 2020 | $8,075 +0.4% | $355,600 +3% |
| 2019 | $8,046 | $345,250 +3% |
| 2018 | $8,046 -4.9% | $335,200 +3% |
| 2017 | $8,460 +14.2% | $325,440 +3% |
| 2016 | $7,407 | $315,970 +3% |
| 2015 | $7,407 +20.3% | $306,770 +3% |
| 2014 | $6,157 +24.8% | $297,840 +3% |
| 2013 | $4,933 +16.5% | $289,170 +8.9% |
| 2012 | $4,235 +1.3% | $265,450 +0.9% |
| 2011 | $4,181 -21.2% | $263,020 -6.3% |
| 2010 | $5,304 -2.3% | $280,750 +3% |
| 2009 | $5,430 -3.1% | $272,580 +3% |
| 2008 | $5,606 +3% | $264,650 +3% |
| 2007 | $5,442 +15.7% | $256,950 +3% |
| 2006 | $4,703 +7.8% | $249,470 +3% |
| 2005 | $4,364 -3.6% | $242,210 +3% |
| 2004 | $4,528 -1.4% | $235,160 +3% |
| 2003 | $4,594 +1.5% | $228,320 +3% |
| 2002 | $4,525 +7.8% | $221,670 +6.1% |
| 2000 | $4,197 | $208,960 |
Find assessor info on the county website
Neighborhood: Corbett-Terwilliger-Lair Hill
Nearby schools
GreatSchools rating
- 9/10Capitol Hill Elementary SchoolGrades: K-5Distance: 2.3 mi
- 8/10Jackson Middle SchoolGrades: 6-8Distance: 3.6 mi
- 8/10Ida B. Wells-Barnett High SchoolGrades: 9-12Distance: 1.4 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.
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Estimated market value
$601,700
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Estimated market value
$601,700
- Oregon
- Multnomah County
- Portland
- 97239
- Corbett-Terwilliger-Lair Hill
- 3840 S Water Ave
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