3840 S Water Ave Portland, OR 97239
South Portland NeighborhoodEstimated payment $4,015/month
Highlights
- River View
- Deck
- Corner Lot
- Capitol Hill Elementary School Rated 9+
- Wood Flooring
- High Ceiling
About This Home
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 liveable! 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
Townhouse Details
Home Type
- Townhome
Est. Annual Taxes
- $10,364
Year Built
- Built in 1994
Lot Details
- 2,613 Sq Ft Lot
- 1 Common Wall
- Fenced
- Level Lot
- Garden
Parking
- 1 Car Attached Garage
- Garage Door Opener
- Driveway
Property Views
- River
- Territorial
Home Design
- Composition Roof
- Concrete Perimeter Foundation
- Cedar
Interior Spaces
- 2,183 Sq Ft Home
- 3-Story Property
- High Ceiling
- Skylights
- Gas Fireplace
- Double Pane Windows
- Vinyl Clad Windows
- Family Room
- Living Room
- Dining Room
- Utility Room
- Washer and Dryer
- Security System Owned
Kitchen
- Built-In Range
- Microwave
- Plumbed For Ice Maker
- Dishwasher
- Disposal
Flooring
- Wood
- Wall to Wall Carpet
- Tile
Bedrooms and Bathrooms
- 3 Bedrooms
Finished Basement
- Apartment Living Space in Basement
- Natural lighting in basement
Outdoor Features
- Deck
- Patio
Schools
- Capitol Hill Elementary School
- Jackson Middle School
- Ida B Wells High School
Utilities
- Forced Air Heating and Cooling System
- Heating System Uses Gas
- High Speed Internet
Additional Features
- Green Certified Home
- Accessory Dwelling Unit (ADU)
Community Details
- No Home Owners Association
- Lair Hill/Corbett Subdivision
Listing and Financial Details
- Assessor Parcel Number R236912
Map
Home Values in the Area
Average Home Value in this Area
Tax History
| Year | Tax Paid | Tax Assessment Tax Assessment Total Assessment is a certain percentage of the fair market value that is determined by local assessors to be the total taxable value of land and additions on the property. | Land | Improvement |
|---|---|---|---|---|
| 2025 | $10,364 | $412,200 | -- | -- |
| 2024 | $10,568 | $400,200 | -- | -- |
| 2023 | $10,159 | $388,550 | $0 | $0 |
| 2022 | $9,810 | $377,240 | $0 | $0 |
| 2021 | $8,606 | $366,260 | $0 | $0 |
| 2020 | $8,075 | $355,600 | $0 | $0 |
| 2019 | $8,046 | $345,250 | $0 | $0 |
| 2018 | $8,460 | $335,200 | $0 | $0 |
| 2017 | $7,781 | $325,440 | $0 | $0 |
| 2016 | $7,407 | $315,970 | $0 | $0 |
| 2015 | $6,157 | $306,770 | $0 | $0 |
| 2014 | $5,568 | $297,840 | $0 | $0 |
Property History
| Date | Event | Price | List to Sale | Price per Sq Ft |
|---|---|---|---|---|
| 11/07/2025 11/07/25 | For Sale | $599,000 | -- | $274 / Sq Ft |
Purchase History
| Date | Type | Sale Price | Title Company |
|---|---|---|---|
| Interfamily Deed Transfer | -- | None Available |
Source: Regional Multiple Listing Service (RMLS)
MLS Number: 733866290
APN: R236912
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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 Ten-X are marked with the RMLS™ logo, and detailed information about these properties includes the names of the listing brokers. Listing content is copyright © 2025 RMLS™, Portland, Oregon. Some properties which appear for sale on this web site may subsequently have sold or may no longer be available. All information provided is deemed reliable but is not guaranteed and should be independently verified.
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