3017 S WATER AVE

Portland, 97201

  • 1 Bed

  • 1 Bath

  • 1098 SqFt

  • 7 DOM

  • Built: 1880

  • Status: Active

$475,000

X

3017 S WATER AVE

Portland 97201

$475000

  • 1 Bed

  • 1 Bath

  • 1098 SqFt

  • 7 DOM

  • Built: 1880

  • Status: Active

Love this home?

Venkatesan Muthu

Broker

(971) 330-1856

Discover the perfect condo alternative in the heart of downtown Portland. This charming one-bedroom, one-bath suite offers the ease of low-maintenance living without the burden of HOA dues or monthly fees. The exterior was freshly painted in 2026, giving the home great curb appeal while the interior still showcases its original character and warmth. A new water heater was installed in January 2026, and the home includes air conditioning for year-round comfort.Inside, you’ll find a spacious bathroom, practical closet storage, and a comfortable living room accented with classic wainscoting that adds warmth and architectural charm. The functional layout makes the most of every square foot, creating a cozy yet efficient living environment. A washer and dryer are included for everyday convenience.Enjoy the rare benefit of a private yard—ideal for relaxing, gardening, or giving pets space to roam—along with a garage and basement that provide valuable storage, hobby space, or future potential.Located in a convenient downtown setting with easy access to shops, dining, parks, public transit, and the nearby OHSU tram, this home blends character, updates, and practicality. With no HOA fees, it’s an excellent opportunity for a first-time buyer, investor, or anyone seeking an affordable alternative to condo living in a central Portland location. [Home Energy Score = 7. HES Report at https://rpt.greenbuildingregistry.com/hes/OR10010177]

Features and Utilities

  • Dishwasher, FreeStandingRange, FreeStandingRefrigerator, RangeHood

  • EngineeredHardwood, WasherDryer

  • Deck, Fenced, Yard

  • CentralAir

  • Gas

  • ForcedAir

  • PublicSewer

  • Gas

  • Gas

Similar Properties

$1,295,000

  • 4 Bed

  • 3 Bath

  • 3708 SqFt

  • 5 DOM

  • 2735 SW TALBOT RD, Portland, 97201

$1,675,000

  • 5 Bed

  • 5.5 Bath

  • 5466 SqFt

  • 7 DOM

  • 1776 SW MONTGOMERY DR, Portland, 97201

$1,995,000

  • Bed

  • Bath

  • 0 SqFt

  • 14 DOM

  • 1235 SW MYRTLE CT, Portland, 97201

$1,995,000

  • 2 Bed

  • 3.5 Bath

  • 5455 SqFt

  • 14 DOM

  • 1235 SW MYRTLE CT, Portland, 97201

Venkat is a very good negotiator. He was quick to respond, when I had questions. He came to all the meetings with the seller and provided valuable inputs on inspections and mortgage options. Overall, I was impressed and would love to work with him again.

— Jagathishp

Venkat is very professional and has tremendous knowledge in the real estate industry. He was always available to discuss and made time to visit the construction site several times during the course. I was looking at a new construction and had to wait for the property to be built.

— Vignesh Chan

Muthu has good knowledge about the community and understands the needs of his customers. He helped us sell our house in record time and followed up with the buyer and the agent until the complete closure. We received multiple offers and Muthu negotiated well and helped us decide on the buyer.

— Praveen

Venkat Muthu is a wonderful person to go with. Very friendly and advices as per the need and gives his service and support where and when needed and some times going beyond. Really happy to share the review and I highly recommend if anyone is looking for any homes.

— Alishetty

Venkat is great to work with as realtor. He is very patient and listens to the requests of the buyer or seller and doesn’t push as t any point of time. He has a good understanding of the market situation and location for investments as well. All this comes from experience with him recently buying a home.

— Ramren Garajan

Thinking about buying or selling. Let’s Talk.

Whether you’re looking to buy your dream home, sell your property for the best price, or explore investment opportunities, PDXA1 Realty Group is here to help. With expertise, personalized service, and a commitment to your goals, we’ll guide you every step of the way. Contact us today at (971) 330-1856 let’s start the conversation!

Contact Us