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7720 S Macadam Ave #16, Portland, OR, 97219

2beds
1baths
944sqft
$299,000
$317price/sqft
$2,008/moest. monthly cost
$80,320/yrincome needed

About This Home

The possibilities are endless with this unique opportunity to own a huge oversized slip in one of only three floating home moorages overlooking the City of Portland on the Willamette River. Full of character and nostalgia, this historic curved roof floating home features wood interiors, original windows and cabinetry, wood ceilings and floors, covered patio space, and unique architectural charm throughout. The bathroom features marble flooring, a glass vessel sink, and decorative chandelier, while the primary bedroom offers beautiful water-facing windows and a walk-in closet. Additional features include a Lopi gas stove, laundry room with washer/dryer, and a roof replaced in 2015 with water heater updated in 2021. The float is in need of a complete rebuild and the property is being sold as-is; however, this sale presents several exceptional possibilities. Renovate and restore the existing floating home, rebuild the float system and create your own custom river retreat, or take advantage of the highly desirable oversized approximately 35’ x 70’ OWNED slip and bring in different floating home or build your dream floating home in a highly sought after floating home moorage. Agent can assist in coordinating floating home transport and relocation options. Slip ownership in this moorage is extremely valuable ($250,000–$300,000), and some sales within the moorage reaching as high as $550,000 in recent years. specializes in floating homes and is available to answer any floating home-specific questions regarding construction, moorage, float systems, financing, inspections, or redevelopment potential. Take advantage of this rare opportunity to own a premier oversized slip with incredible potential on the Willamette River - bring your vision, get creative, and let’s make a deal happen!

Getting Around

45
WalkingCar-Dependent
40
TransitSome Transit
86
BikeVery Bikeable

Schools

9/10
8/10
Jackson Middle SchoolGrades 6-82.5 mi

Construction

Condition

  • Property condition: Resale
  • Year built: 1940

Materials

  • Roof: Membrane
  • Construction materials: Wood Siding

Type & Style

  • Home type: SingleFamily
  • Architectural style: Cabin,Other
  • Property subType: Residential

Interior

Appliances

  • Appliances included: Free-Standing Gas Range,Free-Standing Refrigerator,Washer/Dryer,Free-Standing Range,Electric Water Heater
  • Laundry features: Laundry Room

Bedroom2

  • Features: Ceiling Fan,Double Closet
  • Level: Main
  • Area: 126

Bedrooms & Bathrooms

  • Bedrooms: 2
  • Bathrooms: 1
  • Full bathrooms: 1
  • Main level bathrooms: 1

Dining Room

  • Features: Deck, Fireplace,Wainscoting, Wood Floors
  • Level: Main
  • Area: 130

Features

  • Ceiling Fan(s),Marble,Wainscoting,Double Closet,Walk-In Closet(s),Tile
  • Window features: Wood Frames
  • Flooring: Wood

Heating

  • Heating features: Fireplace(s)

Interior Area

  • Total structure area: 944
  • Total interior livable area: 944 sqft

Kitchen

  • Features: Free Standing Range, Free Standing Refrigerator
  • Level: Main
  • Area: 144

Living Room

  • Features: Ceiling Fan, Deck,Wood Floors
  • Level: Main
  • Area: 264

Master Bedroom

  • Features: Walkin Closet, Wood Floors
  • Level: Main
  • Area: 132

Property

Details

  • Parcel number: Not Found

Features

  • Stories: 1
  • Patio & porch: Covered Deck,Covered Patio,Deck
  • Has view: Yes
  • View description: City,River,Trees/Woods
  • Has water view: Yes
  • Water view: River
  • On waterfront: Yes
  • Waterfront features: River Front,Stream
  • Waterbody name: Willamette River

Lot

  • Features: Gated,Private,Secluded,Trees,SqFt 0K to 2999

Climate Risk is Financial Risk

Every home has a financial story beyond the listing price. Below, you’ll see the climate risks that could affect this property — and in Bills & Affordability, how those risks may influence repairs, insurance, utilities, and long-term value.

Biggest Threats for This Home

  • Earthquake
    EarthquakeRelatively High
  • Heat Wave
    Heat WaveModerate

How This Home’s Risks Compare

Earthquake
Heat Wave

FEMA Declared Disasters in Multnomah County and Oregon

Flood
Mud Landslide
Severe Storm
Straight Line Winds
Winter Storm

Understanding the Costs

Financial advisors generally recommend spending no more than 30% of your gross household income on housing costs. In practice, many households stretch to 35% or beyond — especially in high-cost markets.

Estimated Costs Today

MonthlyAnnual
Mortgage $1,511$18,132
Home Insurance *$67$804
Property Taxes $254$3,048
Electricity $176$2,119
Total$2,008$24,096
*Does not include cost of any FAIR Plan premiums

Income You'd Need if You Spent...

35% on housing$68,845/yr
40% on housing$60,240/yr
45% on housing$53,546/yr

Oregon FAIR Plan Programs

Oregon FAIR Plan Association

Covered
WildfireWildfire
Add-on available
HailHail
WindWind
Visit Website →
Current Policies
Residential: 2,377Commercial: 170
Total Premiums$3.07M
Total Exposure$840.98M

How Costs Could Change Over Time

Climate risk is quickly impacting all of the major home ownership costs. Adjust the growth rates and percentage of income spent on housing below to see how your housing costs could change over the next 10 years — and what income you'd need to keep up.

Insurance Growth Rate5-year average: 4.7%
4.7%
0%30.0%
Electricity Growth Rate10-year average: 2.0%
2.0%
0%15.0%
Property Taxes Growth Rate2-year average: 1.6%
1.6%
0%15.0%
Income Spent on Housing
30%
30%45%

Comparing Against the Market

Price Per Sq Ft

$317This listing

vs Other Active Listings

Avg $/sqft

ZIP 97219$273
Multnomah County$244

vs Homes Sold Last Month

Median $/sqft

ZIP 97219$312
Multnomah County$288

Current Market Trends

Median Price Per Square Foot

The median price per square foot of homes sold in this area each month. Compare this to this listing's price per square foot to gauge whether the home is priced in line with recent sales.

Historicals for This Listing

Zestimate History ($/sqft)

No zestimate history available

Price History

DateEventPrice
2026-06-01Price change$299,000
2026-05-17Listed for sale$325,000

For Sale by Agent

AgentJett Even
BrokerageSimpliHOM

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