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Portland, OR Multifamily Homes & Duplexes for Sale

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  • /48

    $1,100,000

    • 4 Beds
    • 2 Baths
    • 3,768 Sq Ft

    7303-7305 SE Madison St, Portland, OR 97215

    Great Investment Opportunity – Duplex on Corner Lot with 3-Car Garage. Vintage mid-century duplex presents a unique opportunity for investors and developers alike. Situated on a prime corner lot in the highly sought-after Mt. Tabor neighborhood, this property offers a blend of classic mid-century style, rental income, and exciting multiple development potentials. Keep the duplex and develop north

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    Suzanne Clark

    Cascade Hasson Sotheby's International Realty

    (971) 320-6838

    7303-7305 SE Madison St, Portland, OR 97215
  • /20

    $595,000

    • 6 Beds
    • 4 Baths
    • 1,974 Sq Ft

    4840 NE 99th Ave, Portland, OR 97220

    *** ASTONISHING CASH FLOW *** OVER 9% CAP RATE *** This amazing cash flow is a rare find. HURRY NOW BEFORE THIS GREAT DEAL IS GONE!!! Very convenient location for easy commute. This property has 2 duplex buildings on one tax lot. There are two 2 bed 1 bath units and two 1 bed 1 bath units plus a laundry room. This property provides a great opportunity for an owner occupant - loans available

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    Jason Kennedy

    RE/MAX Equity Group

    (971) 396-5635

    4840 NE 99th Ave, Portland, OR 97220
  • /46

    $1,095,000

    • 6 Beds
    • 5 Baths
    • 3,414 Sq Ft

    2312 SE Madison St, Portland, OR 97214

    LOCATION could not be sweeter on for this 5-plex just 1 block from Grand Central Bakery and all of the delights of Hawthorne St. Uniquely situation on the corner of Madison and SE 23rd, this 5 unit complex has 5 distinct layouts including 1 2/1 Unit and 4 1/1 Units: the "penthouse" spanning the entire upstairs and includes a den. This home has been beautifully maintained and includes gas stoves

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    Merilee Lloyd

    Mal & Seitz

    (971) 216-3755

    2312 SE Madison St, Portland, OR 97214
  • /26

    $675,000

    • 4 Beds
    • 4 Baths
    • 2,864 Sq Ft

    9832 N Clarendon Ave Unit 9836, Portland, OR 97203

    Charming Duplex with Bonus Basement Unit in the Heart of St. JohnsNestled in the vibrant St. Johns neighborhood, this versatile duplex presents a fantastic opportunity for both homeowners and investors. Each side of the duplex offers 1 spacious bedroom and 1 full bathroom, with light-filled, open-concept living areas that blend comfort and functionality—perfect for families, professionals, or

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    Rebecca Smith

    eXp Realty, LLC

    (503) 461-5153

    9832 N Clarendon Ave Unit 9836, Portland, OR 97203
  • /43

    $675,000

    • 8 Beds
    • 4 Baths
    • 3,095 Sq Ft

    4915 SE 111th Ave, Portland, OR 97266

    *** 7.5% CAP RATE *** EXCELLENT CASH FLOW with VALUE ADD OPPORTUNITY *** This amazing .34 acre property has three homes and possibly room for one more. All three ROOFS ARE NEW and all three have RECENT INTERIOR UPDATES. Fully rented and ready! Very convenient location close to I-205 and many amenities. Hurry now before this opportunity is gone! [Home Energy Score = 2. HES Report at

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    Jason Kennedy

    RE/MAX Equity Group

    (971) 318-2572

    4915 SE 111th Ave, Portland, OR 97266
  • /37

    $675,000

    • 5 Beds
    • 4 Baths
    • 2,508 Sq Ft

    212 SW Hamilton St Unit 214, Portland, OR 97239

    Fantastic Income producing duplex in prime Hamilton Heights Location! This beautifully maintained property offers two spacious units ideal for living in one and renting the other. Its also a great investment property or multi-generational living. The upper unit features 2 bedrooms and 2 bathrooms, a generous living room with fireplace, soaring ceilings, stunning wood paneling, and oversized

    Agent Photo

    Nick Shivers

    Keller Williams PDX Central

    (971) 366-2494

    212 SW Hamilton St Unit 214, Portland, OR 97239
  • /41

    $795,000

    • 4 Beds
    • 2 Baths
    • 3,112 Sq Ft

    3045 NE Couch St Unit 3047, Portland, OR 97232

    Quintessential mid-century Duplex in the amazing Kerns neighborhood. Just steps from Laurelhurst Park, and NE 28th restaurant row, this 1963-built duplex is sure to please. Features hardwood floors, wood-burning fireplaces, remodeled bathrooms, cute kitchens, basement space for flex room, in-unit laundry, attached garages and a private back patio perfect for relaxing! Updated with a new roof

    Theresa deSousa + Brian Spear Opt

    3045 NE Couch St Unit 3047, Portland, OR 97232
  • /32

    $645,000

    • 4 Beds
    • 3 Baths
    • 1,956 Sq Ft

    4718 SW Miles Ct, Portland, OR 97219

    Located in the heart of highly sought-after Multnomah Village, this charming and well-maintained duplex offers the perfect blend of livability, flexibility, and investment value. If you are looking for a fully separate ADU-style setup, this property checks all the boxes. Unit A serves as the primary residence and features 3 bedrooms, 1.5 bathrooms, and bright, spacious living areas. The updated

    Marc Fox Keller Williams Realty Portland Premiere

    4718 SW Miles Ct, Portland, OR 97219
  • /47

    $1,225,000

    • 5 Beds
    • 3 Baths
    • 3,813 Sq Ft

    1912 NE 11th Ave, Portland, OR 97212

    Nestled in Portland’s coveted Irvington neighborhood, this beautifully updated Victorian immediately captivates with its historic charm, sun-drenched interiors, and rare flexibility. With newly refinished original wood floors, soaring ceilings, oversized windows, and exquisite millwork, this home radiates timeless character. Behind its charming curb appeal lies a surprisingly spacious and

    Karoline Ashley Windermere Realty Trust

    1912 NE 11th Ave, Portland, OR 97212
  • /17

    $1,000,000

    • 4 Beds
    • 4 Baths
    • 3,060 Sq Ft

    922 934 SE 40th Ave, Portland, OR 97214

    Well-kept 1926 fourplex in the highly desirable Sunnyside neighborhood. Each unit has its own private basement and features vintage charm that hasn’t been over-renovated: hardwood floors, classic tile, original built-ins. Strong rents, low vacancy. Extra income through leased garage spaces. Owner occ opportunity - one unit vacant. Walk Score 95, Bike Score 100. Blocks to Belmont, Hawthorne,

    Eric Guess Rarebird Real Estate

    922 934 SE 40th Ave, Portland, OR 97214
  • /46

    $1,199,500

    • 7 Beds
    • 8 Baths
    • 5,568 Sq Ft

    709 N Rosa Parks Way, Portland, OR 97217

    Please Write Offers "Subject To Interior Inspection" Great Investment Opportunity, Piedmont Neighborhood. This Rosa Parks 7-Plex Offers a Historic Look, Situated On a Large Corner Lot w/Beautiful Curb Appeal, Professionally Landscaped & Well Manicured. Great Location, Walking Distance To The Historic Peninsula Park, Boutique Cafes, Restaurants & Shops. Recent Repairs Completed & New Tenancies!

    Kimberly Sektnan Performance Properties Inc

    709 N Rosa Parks Way, Portland, OR 97217
  • /25

    $579,000

    • 3 Beds
    • 2 Baths
    • 1,844 Sq Ft

    7228 N Villard Ave, Portland, OR 97217

    Adorable Arbor Lodge bungalow with stunning detached ADU! Step from the beautifully landscaped front yard into the warm and inviting living room, with open views into the eat-in kitchen. Two spacious bedrooms, a comfortable bathroom, and a large unfinished basement for storage or future potential additional living space make this a comfortable place to call home! Updated systems like a newer

    Kim Parmon Living Room Realty

    7228 N Villard Ave, Portland, OR 97217
  • /47

    $569,900

    • 5 Beds
    • 2 Baths
    • 1,799 Sq Ft

    4105 N Willis Blvd, Portland, OR 97203

    Open House this Saturday, July 12th from 1:00 pm to 3:00 pm. This well-maintained multifamily property offers a 5.9 Cap Rate and a fantastic opportunity for both homeowners or investors. Both apartments have been extensively updated, with a majority of the work completed in 2016. These comprehensive updates include a new roof, fresh exterior paint and siding, a modern HVAC system, and a brand-new

    Emilio Fontana Premiere Property Group, LLC

    4105 N Willis Blvd, Portland, OR 97203
  • /31

    $599,990

    • 4 Beds
    • 2 Baths
    • 1,940 Sq Ft

    2407 N Rosa Parks Way, Portland, OR 97217

    New Price! Arbor Lodge recently updated Duplex with modern finishes, in-unit laundry, and mini splits. 2407 Rosa Parks is a 550 SQFT 2 Bed, 1 bath with luxury vinyl floors, mini split efficient heating and cooling, and in-unit laundry stack. 6507 N Boston is 650 SQFT + a 740 SQFT basement for storage or extra living space. 1 Bedroom + Den/Office or second bedroom. This duplex is fresh and ready

    Jarrin Benson eXp Realty, LLC

    2407 N Rosa Parks Way, Portland, OR 97217
  • /38

    $599,000

    • 3 Beds
    • 3 Baths
    • 1,312 Sq Ft

    7705 S Fulton Park Place, Portland, OR 97219

    Separate living spaces! Contemporary "treehouse" on a woodsy lot with native plants on a secluded cul de sac just above John's Landing with access to shopping, coffee, restaurants, & river. 3 bedrooms, 3 full bathrooms on each level with tub/shower. Laundry room with washer/dryer on the main level. Sunny living room with gas fireplace insert, and SW-facing deck. Updated stainless steel appliances

    Scott McMahon MORE Realty

    7705 S Fulton Park Place, Portland, OR 97219
  • /48

    $699,900

    • 5 Beds
    • 4 Baths
    • 3,399 Sq Ft

    4314 SE 72nd Ave Unit 4318, Portland, OR 97206

    This well-maintained triplex has always been occupied and offers an attractive cap rate, making it ideal for investors seeking reliable income or buyers looking to offset living costs with rental revenue. Designed for low-maintenance ownership, the property includes separate electricity meters for each unit and a brand-new roof installed just 4 years ago. Each unit features a spacious kitchen

    William Grzebyk Redfin

    4314 SE 72nd Ave Unit 4318, Portland, OR 97206
  • /41

    $948,000

    • 3 Beds
    • 4 Baths

    5816 S Corbett Ave, Portland, OR 97239

    SIGNIFICANT PRICE REDUCTION IN THIS UPDATED HOME WITH ADU IN JOHNS LANDING. The home has been stunningly updated throughout including hardwood floors, floor to ceiling gas fireplace, tile, gourmet kitchen, spa like primary suite, HVAC, tankless water heater,central vac, 9 Energy Score & much more! The main floor has hardwood floors, living room with floor to ceiling gas fireplace, adjacent dining

    Lawrence Burkett Premiere Property Group, LLC

    5816 S Corbett Ave, Portland, OR 97239
  • /48

    $725,000

    • 4 Beds
    • 2 Baths
    • 2,404 Sq Ft

    7421 SE Powell Blvd, Portland, OR 97206

    Versatile space, boundless possibilities! This solid, move-in ready mixed-use property offers a prime opportunity for residential, commercial or investment purposes. The 864 sq. ft. garage/shop, built in 1989, has room for three vehicles, a workshop area, a loft for storage, and is outfitted with 220V-240V 1PH single phase power. There are four more off street parking spaces, ideal for a business

    Kate Uva Redfin

    7421 SE Powell Blvd, Portland, OR 97206
  • /48

    $800,000

    • 5 Beds
    • 3 Baths
    • 4,909 Sq Ft

    204 NW 15th Ave Unit 206, Portland, OR 97209

    This rare Victorian-style duplex + bonus 3rd unit sits on a quiet cul-de-sac at the edge of Portland’s vibrant Pearl District, combining timeless character with modern functionality. Ideal for owner-occupants or investors, the property offers three distinct living spaces with flexible rental options in one of the city’s most walkable neighborhoods.The detached duplex features a main-level unit

    Jennifer Turner Lovejoy Real Estate

    204 NW 15th Ave Unit 206, Portland, OR 97209
  • /23

    $3,000,000

    • 14 Beds
    • 8 Baths
    • 12,984 Sq Ft

    7636 SE Henderson St, Portland, OR 97206

    Great rental income opportunity!! This oversized lots have 11 unique spaces that include 9 two-story homes built in 2001 (4 duplexes, 1 single) & 2 detached single family residences built in 1949. Each home includes all appliances, washer, dryer, 2 parking spots & small private outdoor space! Parking lot resealed July 2022. Less than 1% vacancy rate. Owner pays for water, sewer & garbage. New

    Ariel Sasser Property Group NW

    7636 SE Henderson St, Portland, OR 97206
  • /46

    $1,235,000

    • 7 Beds
    • 5 Baths
    • 3,998 Sq Ft

    215 NE 30th Ave Unit 217, Portland, OR 97232

    Live in One, Rent the Others – Modern Tri-Plex in the Heart of Kerns!Rare opportunity to own a stylishly updated tri-plex in Portland’s vibrant Kerns neighborhood—ranked the #5 Coolest Neighborhood in the World by Time Out and A+ by Niche. This is the ideal setup for an owner-occupant looking to offset housing costs, multi-generational living, or even a group purchase where each buyer occupies a

    Matt Mahaffy Windermere Realty Trust

    215 NE 30th Ave Unit 217, Portland, OR 97232
  • /30

    $875,000

    • 8 Beds
    • 4 Baths
    • 2,000 Sq Ft

    5821 SE Knapp St, Portland, OR 97206

    Welcome to this turnkey 4-plex, comprised of two duplexes on a single tax lot, located in the desirable Brentwood Darlington neighborhood of Southeast Portland. Each of the four units features 2 bedrooms and 1 bathroom, along with individually fenced backyards that offer privacy and outdoor space—highly valued by tenants. The property has been thoughtfully updated throughout, with improvements

    Seann Bates The Alpine Group, Inc.

    5821 SE Knapp St, Portland, OR 97206
  • /14

    $799,000

    • 6 Beds
    • 3 Baths
    • 2,592 Sq Ft

    694 NW Joy Ave, Portland, OR 97229

    Excellent investment opportunity in amazing location in sought-after Cedar Mill. Single-level Triplex with 2 Bedrooms, 1 Bathroom per unit. Recent capital improvements include NEW tear-off roof in 2021 (10-year transferrable warranty), NEW electrical panels in each unit in 2022. Assigned parking + additional parking spaces. Easy access to hi-tech corridor, shopping, dining, mass transit. 0.2 mile

    Jessica Corcoran ELEETE Real Estate

    694 NW Joy Ave, Portland, OR 97229
  • /36

    $895,000

    • 4 Beds
    • 3 Baths
    • 3,000 Sq Ft

    3955 SE Madison St, Portland, OR 97214

    This charming 1910 home has been lovingly cared for with attention to original architectural details. The main level boasts hardwood floors, a fireplace, spacious kitchen, built-ins and french doors leading to a private deck. Lower level has kitchen and bath with separate entry. The upper floor unit has two-levels with 2 bedrooms, updated kitchen, private deck and space for an office/sitting

    Daphne Cooluris Windermere Realty Trust

    3955 SE Madison St, Portland, OR 97214
  • /8

    $479,500

    • 4 Beds
    • 2 Baths
    • 1,680 Sq Ft

    18427 SE Yamhill St Unit 18429, Portland, OR 97233

    Excellent investment opportunity or live-in-one, rent-the-other! This well-maintained duplex features two spacious units, each with 2 bedrooms, 1 bathroom, and private entrances. Both units offer open-concept living and dining areas, functional kitchens, and dedicated off-street parking. Recent updates and a solid rental history make this a turn-key property for investors or owner-occupants

    Amit Amshalom RE/MAX Equity Group

    18427 SE Yamhill St Unit 18429, Portland, OR 97233
  • /35

    $500,000

    • 4 Beds
    • 2 Baths
    • 1,664 Sq Ft

    5123 NE Killingsworth St, Portland, OR 97218

    Great Investment Opportunity: Well-Maintained Duplex with Recent Upgrades, this well-maintained duplex is a solid investment with updated kitchens featuring dishwashers, updated bathrooms, and washer/dryer hookups in each unit. Each unit also has its own private outdoor space with storage. Recent updates include new exterior painting (2024), repaired/replaced lower roofs, rewired outlets with the

    David Raines 24/7 Properties

    5123 NE Killingsworth St, Portland, OR 97218
  • /11

    $1,395,000

    • 2 Beds
    • 3 Baths
    • 4,218 Sq Ft

    2475 NW Raleigh St, Portland, OR 97210

    Exceptional location! Walkability 10/10. Charming, single-level building. Each unit has a great layout and a home-like feeling. Wood floors throughout. Excellent tenants in place. Easy to rent. Low turnover rate. Wallace Park is across the street. Walk to restaurants, coffee, shops, grocery stores, schools and hospital. Seller is offering one-year home warranty. Unfinished basement with 1296 sq

    Reese Iris Windermere Realty Trust

    2475 NW Raleigh St, Portland, OR 97210
  • /38

    $3,200,000

    • 31 Beds
    • 17 Baths
    • 14,712 Sq Ft

    4445 SW Garden Home Rd Unit 4449, Portland, OR 97219

    Always dreaming of owning a "village"? Here's a golden opportunity just for you. A very special place in the heart of Multnomah Village! Community of six well maintained townhomes with two -triplexes and four -duplexes. History of excellent tenants with full occupancy and rent growth along with reliable tenants in place. Various functional floor plans offering options and an attached garage

    Sohee Anderson Where, Inc

    4445 SW Garden Home Rd Unit 4449, Portland, OR 97219
  • /31

    $795,000

    • 4 Beds
    • 5 Baths
    • 3,931 Sq Ft

    2314 SE Pine St, Portland, OR 97214

    Room with a view and income. This 5-plex, with 3 studios, one 1 bedroom and one 3 bedroom unit, is the perfect opportunity for an owner occupant in the beautifully remodeled top floor. This classic home was converted to an established multi unit rental. The top floor has three bedrooms and an outstanding City view. Great rental income from the other four units. Rated by Time Out as the

    Gary Slac Vantage Point Properties Inc

    2314 SE Pine St, Portland, OR 97214
  • /25

    $699,000

    • 2 Beds
    • 3 Baths

    1404 SE Franklin St, Portland, OR 97202

    Exceptional Duplex in the Heart of SE Portland’s Brooklyn Neighborhood. Located just minutes from OHSU, downtown, and some of SE’s best restaurants, parks, and coffee shops. This beautifully designed duplex offers modern comfort, income potential, and unbeatable walkability. Boasting a Bike Score of 97 and just blocks from the Orange Line MAX and major bus lines, this location makes commuting

    Halle Ward Silver Key Real Estate LLC

    1404 SE Franklin St, Portland, OR 97202
  • /29

    $1,500,000

    • 4 Beds
    • 6 Baths
    • 6,312 Sq Ft

    1024 SE 16th Ave, Portland, OR 97214

    OPEN Wednesday July 23rd from 4-6pm and Sunday July 27th from 1-3pm. You will be able to see all 6 units at the open houses. These will be the only two open houses! Owner financing with 25% down and 5.95% interest. Phenomenal restored building on surprisingly quiet street in the Buckman Hawthorne neighborhood. Walk Score 95 bike score 96. Current owners of 26 years are ready to retire. They

    Holly Hummel MORE Realty

    1024 SE 16th Ave, Portland, OR 97214
  • /7

    $1,700,000

    • 8 Beds
    • 10 Baths
    • 6,782 Sq Ft

    2257 NW Glisan St, Portland, OR 97210

    The Willa offers residents (10 units) an exceptional living experience with immediate access to the vibrant amenities of Nob Hill, Slabtown, and the Pearl District. Strong tenant demand with walkability to top-tier dining & retail plus proximity to key employment centers. Property with stable occupancy, proven rental upside, and continued growth in one of Portland’s most desirable submarkets,

    Steve Odermann Windermere Realty Trust

    2257 NW Glisan St, Portland, OR 97210
  • /48

    $825,000

    • 4 Beds
    • 3 Baths

    3265 NE Alberta St, Portland, OR 97211

    Step into the heart of Portland’s beloved Alberta Arts District and discover a property unlike any other—a modern-day urban compound where creativity, community, and investment potential come together in a symphony of opportunity.With RM2-zoning, this extraordinary offering features a classic 1920s bungalow as the anchor residence, thoughtfully complemented by three stunning Scandinavian-inspired

    Dori Olmsted Cascade Hasson Sotheby's International Realty

    3265 NE Alberta St, Portland, OR 97211
  • /48

    $1,295,000 Open Sun 12PM - 2PM

    • 5 Beds
    • 4 Baths
    • 4,505 Sq Ft

    2417-2419 SW Montgomery Dr, Portland, OR 97201

    Exceptional duplex in the heart of Portland Heights. 2417 features 2 bedrooms and 2 full bathrooms while 2419 enjoys 3 bedrooms and 1 full 1 half bathrooms. This residence offers the rare advantage of two separate spaces. The main level unit offers single level living with high-end finishes and incredible indoor outdoor flow. The lower level enjoys a separate entrance and spacious living areas -

    Macey Laurick Windermere Realty Trust

    2417-2419 SW Montgomery Dr, Portland, OR 97201
  • /22

    $570,000

    • 4 Beds
    • 2 Baths
    • 1,632 Sq Ft

    1643 NE 74th Ave Unit 1645, Portland, OR 97213

    This classic mid-century duplex features two 2-bedroom 1-bathroom units and a consistent rental history. Each unit enjoys off-street parking and a small private yard. Upgrades include recently replaced exterior siding, windows, and electrical panels - plus seller to have new roof installed prior to closing. Located in the desirable Montavilla neighborhood and a few blocks from the park-like Rose

    Lauren Klimoff MORE Realty

    1643 NE 74th Ave Unit 1645, Portland, OR 97213
  • /48

    $685,000

    • 5 Beds
    • 3 Baths
    • 2,492 Sq Ft

    7945 SE Center St, Portland, OR 97206

    Charming and versatile turnkey duplex nestled in Portland’s vibrant Foster-Powell neighborhood. This unique property offers two distinct living spaces, ideal for multigenerational living, owner-occupancy with rental income, or a smart addition to any investment portfolio. With a total of five bedrooms and three bathrooms between the two units, this home seamlessly blends 1950s character with

    Carmen Hart Premiere Property Group, LLC

    7945 SE Center St, Portland, OR 97206
  • /41

    $650,000

    • 2 Beds
    • 2 Baths
    • 1,364 Sq Ft

    3529 SE Taylor St, Portland, OR 97214

    Prime owner-occupant or investment duplex in walkable Sunnyside! Live in one unit and rent out the other, or maximize rental income with short/mid/long term tenants in each unit. Both units are vacant and available for easy viewing. The south-facing orientation floods the interiors with natural light. Each unit offers one spacious bedroom and one updated bathroom, plus generous living, kitchen

    Joe Dressman Think Real Estate

    3529 SE Taylor St, Portland, OR 97214
  • /35

    $635,000

    • 4 Beds
    • 6 Baths
    • 2,325 Sq Ft

    555 565 NE 195th Ave, Portland, OR 97230

    Fantastic Investment Opportunity – Townhome-Style Duplex! Well-maintained duplex built in 1997, offering 1,162 sq ft per side. Each unit features 2 bedrooms, 1.5 baths, an open floor plan, hardwood floors, gas heat, individual water heaters, and attached garages. Private fenced backyards provide outdoor space for each unit. Ideal for owner-occupants—live in one side and rent the other. Projected

    Gary Horton RE/MAX Equity Group

    555 565 NE 195th Ave, Portland, OR 97230
  • /48

    $699,000

    • 5 Beds
    • 3 Baths
    • 2,164 Sq Ft

    402 SE 75th Ave, Portland, OR 97215

    Spacious and versatile duplex, perfect for owner-occupants or investors! One unit features 3 bedrooms, the other 2 bedrooms—both with vaulted ceilings, ceiling fans, and laminate flooring throughout. Each unit includes its own washer and dryer for added convenience. One unit also boasts air conditioning for year-round comfort. With generous living space and a smart layout, this property offers

    Boston Bate Matin Real Estate

    402 SE 75th Ave, Portland, OR 97215
  • /42

    $874,900

    • 6 Beds
    • 6 Baths

    606 NE 72nd Ave Unit 612, Portland, OR 97213

    Well-located 4-plex on a large lot with ample off-street parking in the desirable Montavilla neighborhood! Fully occupied at below-market rents, this property represents a value-add investment opportunity, or a great owner-occupied investment. The three main floor units have an interior staircase to their private basement area, which features a bonus room and utility room with W/D hookup.

    Jeff Stephens MORE Realty

    606 NE 72nd Ave Unit 612, Portland, OR 97213

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Why Live in Portland

Portland's distinctive culture shines through Powell's City of Books, the world's largest independent bookstore, and an extensive network of food carts serving diverse cuisines. The 410-acre Washington Park houses multiple attractions including the International Rose Test Garden and Portland Japanese Garden, while the 5,200-acre Forest Park provides miles of hiking trails within city limits. The culinary scene features standout restaurants like Han Oak, serving upscale Korean cuisine, and Le Pigeon, known for innovative French bistro fare. Single-family homes predominate in established neighborhoods like Irvington, where the median price reaches $942,500, and Laurelhurst, with a median of $900,000. The Pearl District features primarily condos, with one-bedroom units at a median price of $389,500 and two-bedrooms at $647,000. Across Portland, the median single-family home price stands at $599,900, while townhomes command $470,000. Living costs run 16.8% above the national average. A family with school-age children needs approximately $124,000 annually to live comfortably, including $42,000 for housing and $20,000 for groceries. Portland's tax structure includes no sales tax, but residents pay a 3% local income tax and 8.75% state income tax. Property taxes in Multnomah County average 0.96%. The city's public transportation system, TriMet, connects downtown to suburbs via light rail, buses, and streetcars. Top-rated public schools include Grant High School and Lincoln High School, while private options like Jesuit High School maintain an A+ rating. Major employers span technology, healthcare, and athletic wear industries, with Nike and Columbia Sportswear headquartered nearby. The climate features mild winters averaging 35-50°F and warm summers ranging from 75-85°F.

Home Trends in Portland, OR

Housing Trends

Median Sale Price
$534,500
Median Single Family Sale Price
$750,000
Median Townhouse Sale Price
$439,807
Median 2 Bedroom Sale Price
$349,900
Median 1 Bedroom Sale Price
$259,900
Average Price Per Sq Ft
$349
Number of Homes for Sale
313
Last 12 months Home Sales
2,765
Months of Supply
1.40
Median List Price
$550,000
Median Change From 1st List Price
2%
Median Home Sale Price YoY Change
-5%
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