11638 N Island Cove LN Portland, OR $ 275,000
11638 N Island Cove LN
$ 275,000
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11638 N Island Cove LN

Portland, OR, 97217
$ 275,000
Bedrooms2 Baths2.0 Sq 1,648

Monthly Estimate*

$ 1,693

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Single Family Home for sale in Portland, OR

for $275,000 with 2 bedrooms and 2 full baths. This 1,648 square foot home was built in 1978.

Spacious and full of natural light, this floating home offers expansive living areas on both levels with an open-concept design. The kitchen features granite countertops and flows seamlessly into the main living space, where a slider opens to the upper wraparound deck with stunning river views and a front-row seat to the Christmas Ships parade.Currently configured as two separate units, the lower level is rented for $1,600 per month and includes a private bedroom, efficiency kitchenette, generous living space, and covered deck access—providing immediate income potential. Both units share a washer and dryer for convenience.The home could easily be converted back into a beautiful two-story residence, featuring two wraparound decks and two private boat slips right out front. A craftsman-style tool shop adds the perfect space for projects, storage, or hobbies.With secured parking, room for two boats, flexible living options, and unforgettable views, this home is ideal for full-time waterfront living or the perfect part-time river retreat.

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Single Family Active

Price

$ 275,000

Bedrooms

2

Full Bath

2

Property Type

Single Family

Taxes

$ 5,878

Style

Stories2

Year Built

1978

Town/City

Portland

County/Region

Multnomah

MLS | Web ID

331798577

Features
Interior
Interior Amenities Granite WasherDryer WoodFloors
Hot Water Electricity
Window Features VinylFrames
Total Bathrooms 2.0
Total Bedrooms 2
Total Baths 2
1/2 Baths 0
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General
Sewer PublicSewer
Heating MiniSplit
Cooling MiniSplit
Roof Metal
Appliances Dishwasher FreeStandingRange FreeStandingRefrigerator
Garage Spaces 0
Architectural Style Stories2
Security Features SecurityGate
Year Built 1978
Stories Count 2
Property Subtype FloatingHome
Tax Year 2025
Parcel Number Not Found
Waterfront Features BayFront RiverFront
Accessibility Parking
HOA Fee 2 1545.0
County Multnomah
Property Type Residential
Association Amenities Commons Gated MaintenanceGrounds Sewer Trash Water
HOA N
Full Baths 2
Status Active
Directions Tomahawk Island Road to Moorage; walk through park to pedestrian gate.
High School Roosevelt
City Portland
Body of Water Columbia
MLS Area _141
Listing Terms Cash Conventional
Elementary School Faubion
Tax Annual Amount 5878.29
Middle/Junior High School Faubion
Property Condition Resale
Virtual Tour https://briteroom.aryeo.com/sites/rxalkkb/unbranded
Standard Status Active
Accessory Dwelling Unit Y/N N
Legal Description ISLAND COVE FLOATING HOMES UPLAND# R245784 MB X # FH2654 FLOATING
ADU False
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Exterior
Exterior Amenities BoatOnlyAccess CoveredPatio Dock
Parking Features Secured
Lot Features CornerLot Gated OnBusline
Water Source PublicWater
Total Parking 0
Exterior Description WoodSiding
Building Area Total 1648.0
Floatation LogandSteelStringer
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Internal Only
Street Number 1 11638
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* Excluded Features
List By
Divine Nw Realty

Broker

aliwestmoreland4@gmail.com

Email

Affordability Calculator

$2,183
Per Month
78%
22%
0%
Monthly Principal & Interest
$1,693
Monthly Property Taxes
$490
Monthly Home Insurance
--
Default based on a 30-year fixed rate of 6.25% 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.
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Nearby
1949785 Elementary School
3136570 Middle School
Roosevelt High School High School
Pricing History
DatePricePrice ChangeDescription
3/1/2026$275,000 Listed Price

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11638 N Island Cove LN, Portland, OR, 97217 is a Single Family Home for sale at $275,000 with 1,648 sqft. 11638 N Island Cove LN has 2 bedrooms, 2.0 baths, and was built in 1978. The property's zip code is 97217 which is in Portland, OR