$1,575,000
- 4 Beds
- 4 Baths
- 6,852 Sq Ft
1529 W Market St, Louisville, KY 40203
Barrett Goff Allodium Real Estate
5
Portland Multifamily Homes & Duplexes for Sale
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1529 W Market St, Louisville, KY 40203
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Explore Portland
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$248,000
- 4 Beds
- 4 Baths
- 1,900 Sq Ft
2416 Saint Xavier St, Louisville, KY 40212
2416 Saint Xavier St, Louisville, KY 40212John Brace Redfin
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$239,900
- 4 Beds
- 4 Baths
3123 Bank St, Louisville, KY 40212
3123 Bank St, Louisville, KY 40212Kristina Beasley ERA Select Real Estate
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$169,000
- 2,800 Sq Ft
3225 Northwestern Pkwy, Louisville, KY 40212
3225 Northwestern Pkwy, Louisville, KY 40212Timothy Woods EXP Realty LLC
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$195,000
- 8 Beds
- 4 Baths
- 2,432 Sq Ft
333 N 29th St, Louisville, KY 40212
333 N 29th St, Louisville, KY 40212WSG Homes Real Broker, LLC
Why Live in Portland
Historic Portland, located just northwest of downtown Louisville, is a neighborhood with a rich history and diverse community. Originally founded in 1811 and later annexed by Louisville in the 1850s, Portland has seen significant changes over the years. The neighborhood is known for its pre-Civil War buildings and wood-framed shotgun-style houses, which are closely spaced and feature small yards, appealing to those who prefer minimal yard work. Despite its past economic challenges, Portland is undergoing revitalization, attracting higher-income residents while remaining affordable for first-time homebuyers.
Portland offers a variety of features, including proximity to the Ohio River, which provides access to green spaces and water views. Lannan Memorial Park, Boone Square Park, and Portland Wharf Park offer walking trails, playgrounds, and basketball courts. The Portland Museum provides insights into the neighborhood's historical significance. Local businesses such as Shaheen’s Department Store and Janes Brothers Hardware serve the community, while new dining options like McQuixote Books and Coffee and The Table Café add to the neighborhood's charm.
Portland is well-connected, with Interstate 64 running through the top of the community and I-264 flanking its western border. The neighborhood is less than 2 miles from downtown Louisville and 9 miles from Louisville International Airport, with bus service available throughout the metro area. The area is considered walkable, enhancing its appeal. Annual events like the Portland Festival and the nearby Kentucky Derby at Churchill Downs add to the vibrant community life.
Home Trends in Portland, KY
On average, homes in Portland, Louisville sell after 28 days on the market compared to the national average of 52 days. The median sale price for homes in Portland, Louisville over the last 12 months is $85,000, up 13% from the median home sale price over the previous 12 months.
Housing Trends
Median Sale Price
$85,000
Median Single Family Sale Price
$96,000
Median Townhouse Sale Price
$179,750
Average Price Per Sq Ft
$81
Number of Homes for Sale
42
Last 12 months Home Sales
86
Months of Supply
5.90
Median List Price
$109,100
Median Change From 1st List Price
9%
Median Home Sale Price YoY Change
13%
In Portland, there are currently 5 multi-family homes for sale, providing an appealing investment opportunity for buyers. With multi-family homes ranging from $169,000 to $1,575,000, there's something for every budget. As of September, 2025 the median home price in Portland, Louisville is $109,100, while the average sale price is $93,984, providing insight into local market trends. On average, multi-family homes spend 28 days on the market before being sold. Multi-family homes encompass various property types, including duplexes, triplexes, fourplexes, and apartment complexes, all within a single building divided to accommodate multiple families living separately. These multi-family properties for sale offer investors the chance to generate rental income. Whether you're interested in a duplex for a starter investment or an apartment complex for a larger-scale venture, there are investment properties available to suit your needs. Explore the range of multi-family homes for sale in Portland, Louisville.
Portland Types of Homes for Sale
More About Living in Portland
Homes in Nearby Neighborhoods
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