South Water Avenue

South Water Avenue

Portland, OR 97201

$500,000
Price
6,534 / 0.15
Lot Size / Acres
a view of a swimming pool with a yard
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a view of an outdoor space and a yard
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Description

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...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.
  1. Listed by Connor McWilliams • RE/MAX Equity Group
  2. Listed by Sophia Kuhn • RE/MAX Equity Group

Property Details for South Water Avenue

Subdivision
CORBETT
Zoning
CI2
View
City, River

Location

Listing Courtesy of RE/MAX Equity Group
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LISTING UPDATED: 03/20/2024 12:41 PM

Property Details for South Water Avenue

StatusActive
MLS #23536197
Days on Market337
Taxes$1,281 / year
HOA Fees-
Condo/Co-op Fees-
Compass TypeLand
MLS TypeLand / Mixed Use
Year Built-
Lot Size0.15 AC
CountyMultnomah County

Location

Listing Courtesy of RE/MAX Equity Group
Add your commute

Building Information for South Water Avenue

Lot Size0.15 AC

Payment Calculator

$2,835 per month

30 year fixed, 7.25% Interest

Principal and Interest

$2,729

Property Taxes

$107

HOA Dues

$0

The Payment Calculator is for illustrative purposes only.

Property Information for South Water Avenue

Summary
Location and General Information
  • Country: US
  • Directions: S Water Ave
  • Road Surface: Concrete, Paved
School Information
  • Elementary School: Ainsworth
  • High School: Lincoln
  • Middle Or Junior School: West Sylvan
Taxes and HOA
  • Tax Year: 2023
  • Tax Deferral Desc: School
  • Tax Annual Amount: $1,280.76
  • Parcel Number: R128809
  • Parcel Number 2: R128810
  • Parcel Number 3: R128811
  • Tax Legal Description: CARUTHERS ADD, BLOCK 45, E 38' OF LOT 4
Property
Lot Information
  • Acres: 0.15
  • Lot Description: Corner Lot, Secluded
  • Lot Size Square Feet: 6534.0
  • Number Of Lots Total: 3
  • Land Description: Level
  • Lot Size Range: Sq Ft5000to6999
  • Lot Size: 5,000 to 6,999 Sq Ft
Property and Assessments
  • Property Sub Type: Mixed Use
  • Property Type: Land
Utilities
  • Utilities: Water Available

Schools near South Water Avenue

This home is within Portland School District 1j.
Rating
School
Type
Grades
Distance
Ainsworth Elementary School
Public - K to 5
West Sylvan Middle School
Public - 6 to 8
Lincoln High School
Public - 9 to 12
Winterhaven School
Public - K to 8
Rating
School
Distance
Ainsworth Elementary School
PublicK to 5

West Sylvan Middle School
Public6 to 8

Lincoln High School
Public9 to 12

Winterhaven School
PublicK to 8

School ratings and boundaries are provided by GreatSchools.org and Pitney Bowes. This information should only be used as a reference. Proximity or boundaries shown here are not a guarantee of enrollment. Please reach out to schools directly to verify all information and enrollment eligibility.

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More information about South Water Avenue, Portland, OR 97201

South Water Avenue is a 0.15 ac of land for sale in Portland, OR 97201. This property was listed for sale on June 2, 2023 by RE/MAX Equity Group, it's currently listed at $500,000. This listing's school district is Portland School District 1j. Nearby schools include Ainsworth Elementary School, West Sylvan Middle School and Lincoln High School. South Water Avenue is a 0-bed, 0-bath, 0.15 ac of land on a 6,534 sq. ft. / 0.15 acres lot.

No guarantee, warranty or representation of any kind is made regarding the completeness or accuracy of descriptions or measurements (including square footage measurements and property condition), such should be independently verified, and Compass expressly disclaims any liability in connection therewith. Photos may be virtually staged or digitally enhanced and may not reflect actual property conditions. No financial or legal advice provided. Equal Housing Opportunity.

Listing Courtesy of RE/MAX Equity Group

All information provided is deemed reliable but is not guaranteed and should be independently verified. 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 brokerage firms other than Compass are marked with the RMLS logo and detailed information about these properties includes the names of the listing brokers. Copyright © 2024 RMLS, Portland, Oregon. Last updated: 03/20/2024 12:41 PM