Allan Polendey

12800 Nw Marina Way # #3

Portland, OR
$ 415,000 Beds 2 Baths 2 Sq 3,004
Monthly Estimate* How much can I afford?

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!

Active

  • Price
  • $ 415,000
  • City
  • Portland
  • Bedrooms
  • 2
  • Full Bathrooms
  • 2
  • County
  • MULTNOMAH
  • Half Bathrooms
  • 0
  • Area
  • 149
  • Lot Size
  • Zip
  • 97231
  • Sqr Footage
  • 3,004
  • Year Built
  • 1993
  • Taxes
  • $ 7185
  • Style
  • Stories2,Traditional
  • MLS#
  • 472419475
Listed By: SimpliHOM -
Data Source: Regional Multiple Listing Service (RMLSOR)

Features

General

Sewer Community
Heating ForcedAir,HeatPump
Cooling HeatPump
Roof Metal
Appliances BuiltinOven,BuiltinRange,Cooktop,Dishwasher,Disposal,DoubleOven,FreeStandingRefrigerator,Microwave,Pantry,TrashCompactor
Architectural Style Stories2,Traditional
Security Features SecuritySystem
Year Built 1993
Stories Count 2
Unit Number #3
Property Subtype FloatingHome
Tax Year 2025
Parcel Number Not Found
Waterfront Features RiverFront
County Multnomah
Property Type Residential
Association Amenities BoatSlip,Commons,MaintenanceGrounds,Management,Sewer,Water
HOA No
Subdivision Name Fred's Marina
Full Baths 2
Status Active
Directions HWY 30 .7 mile west of Linnton to Marina Way to Fred's Marina,bottom of ramp right to house
High School Lincoln
City Portland
Body of Water Multnomah Channel
MLS Area _149
Listing Terms CallListingAgent,Cash,Contract,Conventional
Elementary School Skyline
Tax Annual Amount 7185.42
Middle/Junior High School Skyline
Property Condition Resale
Standard Status Active
Accessory Dwelling Unit Y/N No
ViewDescription Mountain,River,TreesWoods
Legal Description Fred's Marina,Upland# R325463,MB X #FH01795,FLOATING
SeniorCommunityYn False
ADU False

Interior Features

Interior Amenities CentralVacuum,HighCeilings,JettedTub,Laundry,VinylFloor,WalltoWallCarpet
Hot Water Electricity
Window Features DoublePaneWindows,VinylFrames
Total Bathrooms 2.0
FuelDescription Electricity
Total Bedrooms 2
Total Baths 2

Exterior Features

Exterior Amenities CoveredDeck,Deck,Dock,Patio,Porch
Parking Features OffStreet
Lot Features Private,PrivateRoad,Secluded,Stream,Trees
Water Source PublicWater
Exterior Description VinylSiding
Building Area Total 3004.0
Road Surface Type Gravel,Paved
Floatation Concrete

Amenities

  • Foreclosure
  • Views
  • Short Sale
  • New Construction
  • Adult 55+
  • Lease To Own
  • No HOA Fees
  • Furnished
  • Primary On Main
  • Air Conditioning
  • Seller Finance
  • Green
  • Fixer Upper
  • Horse
  • Golf
  • Fireplace
  • Deck
  • Garage
  • Basement
  • Pool

Affordability Calculator

$3,786

Per Month

Based on the average sale price from the Hillsboro, OR office

  • Monthly Principal & interest $2,658
  • Monthly Property Taxes $1,062
  • Monthly Home Insurance $67
Adjust Payment Options
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Let's determine your purchasing power. Working with my mortgage partner, you'll have the information you need to shop for a home with confidence.

Default based on a 30-year fixed rate of 6.49% with 20% down. The estimated payment is offered for convenience and is not an offer of credit. Due to market fluctuations, interest rates are subject to change at any time and without notice. Your individual rate may vary. Rates may differ for FHA, VA, or jumbo loans.

Mortgage calculator provided courtesy of Inside Real Estate.

Schools

Elementary School Skyline Elementary School
Middle School Skyline Middle School
High School Lincoln High School

Price History

4/1/2026 Listed $415,000

Property vs Zip Code Average in 97231

Price
AVG $920K
$420K
Taxes
AVG $9,737
$7,185
Year Built
AVG 1976
1993
Visits
AVG 171
477
Data Provided by Inside Real Estate®

Areas That We Cover

12800 Nw Marina Way # #3 Portland, OR is a Single Family Home for sale at $415000 with 3004 sqft and a lot size of Acre(s). 12800 Nw Marina Way # #3 Portland has 2 bedrooms, 2 baths and was built in 1993. The property's zip code is 97231 which is in Portland, OR

*Information deemed reliable but not guaranteed.

Financial calculator disclaimer: Default based on a 30-year fixed rate of 6.49% with 20% down. The estimated payment is offered for convenience and is not an offer of credit. Due to market fluctuations, interest rates are subject to change at any time and without notice. Your individual rate may vary. Rates may differ for FHA, VA or jumbo loans.

Mortgage calculator provided courtesy of Inside Real Estate.

All information deemed reliable, but not guaranteed, and should be independently verified. The real estate information and related content displayed on this site is provided for consumers personal, non-commercial use and may not be used for any purpose other than to identify prospective properties consumers may be interested in purchasing.

Allan Polendey

Allan Polendey

971-297-3357

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