Most Affordable Homes for Sale in Portland, OR Right Now
Last updated: February 4, 2025
Portland has a median home sale price of $488K, a 3.8% increase from last year. Homes stay on the market for an average of 93 days and receive an average of 2 offers.
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Charming NW Alphabet District Pied-A-Terre. Interior includes french doors to bedroom, claw foot tub, gas fireplace, built-ins, a hidden bed drawer and walk-in closet. Located in the heart of Northwest Portland you'll find the Irving Street Tower Condominiums. Built in 1910, this historic building offers original charm while providing modern conveniences. Within walking distance to Providence Park and to many restaurants, grocery and boutiques to name! No rental cap, minimum 30 day rentals allowed. Laundry and storage onsite.
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Grab this incredible investment opportunity now! This property was previously rented at $1,400 a month, and with current market trends, there's potential to achieve even higher rental income, plus there is NO rental cap. Experience resort-style living at Jantzen Beach with this exceptional upper-level condo. The complex boasts impressive amenities including two pools, tennis courts, an athletic court, and a recreation room complete with a gym, sauna, pool table, and community spaces. Ideally located, you are just a short walk from the Columbia River, scenic walking paths, cafes, restaurants, and the marina. Additional perks include, a deeded parking space, FHA approval, and pet-friendly policies.
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Bring your tools and creativity for this Portland Cottage! 2 bedrooms and 1 bathroom with a full basement and nice sized lot are awaiting your upgrades! Close to public transit, freeways, parks and shopping!
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Don’t miss this fantastic opportunity to own a charming 3-bedroom, 1.5-bath condo in the Cooper Court Bungalows! Bathed in natural light with an abundance of windows, this home offers a warm and inviting atmosphere, complete with a delightful front porch perfect for relaxing. The kitchen features a thoughtfully designed layout, and all appliances are included for your convenience. With a small, self-managed HOA, the dues cover sewer, water, trash, and exterior maintenance. Please note, no rentals or dogs are permitted per the CCRs. Take advantage of large grants to make homeownership more affordable! This Proud Ground home offers lasting affordability with resale, owner-occupancy, and other guidelines to maintain value for future buyers. Buyer profit at resale is capped at 25% of appreciation. Max income is $66,100 for a household of 1, $75,550 for 2, $85,000-3, $94,400-4, $102,000-5. To qualify, apply to Proud Ground and receive an invitation before submitting an offer. Buyers must work with a Proud Ground preferred lender. Don’t miss this incredible opportunity!
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BRAND NEW 16-UNIT CONDO PROJECT LIVE AND SELLING LIKE HOT CAKES! 9 out of 16 are already pending! THIS IS THE LAST 1 BEDROOM LEFT! Open layout, SS appliances, quartz counters, and upscale finishes! Easy access to freeways, PDX, restaurants, shopping, parks, and entertainment! Super LOW HOA at only $28/mo. Builder warranty included and FHA financing available! This is a fantastic opportunity for first time home buyers. Own for less then you can rent! Best value around! * * * BUYER MUST QUALIFY FOR THE SDC WAIVER PROGRAM AT THIS PRICE * * *
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Upper corner condominium unit w/ ample storage & balcony offering a blend of style, convenience and comfort. 2020 improvements include LVP flooring throughout, updated interior paint, modern light fixtures, & a newer water heater that ensures comfort & efficiency. The kitchen shines w/ newer stainless steel appliances & update countertops. Residents enjoy deeded parking, 2 pools, tennis, saunas, fitness room & rec room. .. ideal for an active lifestyle.
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Discover this charming NE one-bedroom condo situated in a serene, park-like setting. This beautifully appointed unit features bamboo flooring, enhancing the warm and inviting atmosphere. The galley kitchen boasts sleek granite countertops and ample cabinet space, perfect for both cooking and entertaining. The updated bathroom showcases modern finishes, providing a stylish retreat. Enjoy the convenience of an in-unit washer and dryer, making laundry days a breeze. Step outside to enjoy the tranquil surroundings, which are ideal for outdoor relaxation or strolls. It has great freeway access and is strategically located in the heart of all the trendy NE neighborhoods. This condo is the perfect blend of comfort and modern living. Rentals are permitted and the rental cap is not met. Don’t miss the opportunity to make this your new home.
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Charming ground level condo in the heart of St Johns. Located across the street from Cathedral Park and the iconic St. Johns Bridge, this delightful 1 bedroom, 1 bath condo offers a thoughtful layout with lots of natural light, laminate flooring, a walk-in closet, and in-unit washer & dryer. Condo also has an attached storage unit for all your storable items. Perfectly located for outdoor activities right outside your front door, as well as being just a few blocks away from all the the shops, restaurants & cafes St Johns has to offer!
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Charming 3-Bedroom Home on Expansive Corner Lot – Ideal for First-Time Buyers or Investment!Nestled on a generous 12,500 sq. ft. corner lot, this 3-bedroom, 1.1-bathroom home offers 1,577 sq. ft. of living space and is brimming with potential. Built in 1951, this property presents a fantastic opportunity for first-time homebuyers seeking a cozy starter home or investors looking for a promising development project. With ample outdoor space and great location, the possibilities are endless. Whether you're looking to make this home your own or exploring future development potential, this property is a must-see!
About this home
No money down - 100% financing options available! Welcome to your dream home in the heart of the vibrant St Johns neighborhood of Portland! Discover unparalleled value with this exceptional new construction home, offering affordability that stands unmatched in all of North Portland. Nestled in a fabulous new community with low HOA dues, this impeccably designed residence offers the epitome of modern living. Step inside and be greeted by the inviting ambiance of the chefs kitchen, boasting warm cabinetry, sleek slab countertops, stainless steel appliances, and stylish black accents. Entertain effortlessly in the well-appointed dining space, illuminated by gorgeous lighting fixtures, or unwind in the spacious living rooms. Escape to your own oasis in the private fenced yard space, conveniently accessible from the living room slider. Notably, this unit is among the select few in the community offering supplementary storage, courtesy of a dedicated storage unit located off the back patio. Upstairs, discover two generously sized bedrooms with lofty ceilings, offering ample space and comfort + a full bathroom equipped with a luxurious soaking tub, providing the ultimate relaxation experience. Embrace the convenience of this prime location, just moments away from the bustling shops, restaurants, and coffee shops of St Johns. Experience the perfect blend of style, comfort, and convenience in this exceptional home. Dont miss the opportunity to make it yours + enjoy the peace of mind only new construction can offer with a 1 year builder warranty! FHA FINANCING AVAILABLE!(List price is subject to the buyer qualifying for the Portland Housing Bureau - System Development Charge exemption program to promote affordable housing in Portland, call for more info. )
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