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Portland, OR, 97231 • 97231 • Multnomah County
$138/sqft
Down payment assistance available
2Beds
2Baths
3,004Sqft
1993Built
On the Multnomah Channel
River Front, Stream
Scenic Views
Mountain(s) · River · Trees/Woods
Traditional Style
Built 1993 · 33 years of history
Fred's Marina
Boat Slip · Commons · Maintenance Grounds
Outdoor Living
Covered Deck · Deck · Patio · Porch
Dock
Dock
Premium Finishes
Walk-In Closet(s)
Just Listed
Listed Apr 1, 2026
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$138/sqft
Price per square foot
Single Family · Built 1993
Fisherman’s and water enthusiast’s paradise. This one-of-a-kind floating home at the iconic Fred’s Marina offers a rare combination of privacy, functionality, and value, unbelievably priced at just over $400,000. Ideally located near the mouth of the Willamette River, on the Multnomah Channel, just south of the Sauvie Island Bridge, the property delivers a peaceful, country-like setting while remaining only minutes from Portland. This custom-built home spans over 3,000 square feet and sits on an oversized, 4 rated concrete float that will last more than a lifetime, providing long-term financeability, durability and confidence in future resale value. The home features 2 bedrooms and 2 bathrooms, with an enormous amount of additional space that can easily be configured to accommodate more bedrooms or bathrooms if desired. A propane generator is also installed, capable of powering the entire home in the event of a power outage, providing added reliability and peace of mind. Perfectly suited for a fishing guide seeking a private, business-friendly retreat, an investor seeking a unique waterfront asset with strong long-term potential, or for anyone who values space, serenity, and a true connection to the river - without the traditional density of neighboring floating homes directly next door to you. An incredible riverfront home that combines lifestyle, value, and views in one unforgettable package!
Standout features identified
Our analysis highlights one-of-a-kind floating home, incredible riverfront home, and custom-built home as key attractions of this home.
Based on current rates
Est. 6.50% rate · 30yr fixed · $332,000 loan
Full calculator →Key facts and listing details
16 categories of property features
6 rooms detailed
Master Bedroom
UpperBedroom2
MainDining Room
MainKitchen
MainLiving Room
MainOffice
UpperMarket data and value estimates
2 schools rated nearby
Portland, OR, 97231
1 event
Local context around this listing
Portland, OR • Multnomah County
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