Portland, OR Multifamily Homes & Duplexes for Sale

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  /33

  $494,000

  • 3 Beds
  • 3 Baths

  7480 SW Taylors Ferry Rd, Portland, OR 97223

  LOCATION! LOCATION! Washington County Taxes! Formally operating Duplex with 3 Bedrooms & 3 Full Baths (2 bedroom, 2 full bath with W/D hookups upstairs & Lower level is plumbed for kitchenette with 1 bedroom & 1 full bath with W/D in garage). Easy conversion if you would like to own a live in home with full ADU below. Or live as a 3 bedroom + 3 full bath. Recent home inspection on file. Roof &

  

  Jodi Huot

  Soldera Properties, Inc

  (971) 259-7675

  

  7480 SW Taylors Ferry Rd, Portland, OR 97223
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  $1,745,000

  • 5 Baths
  • 3,321 Sq Ft

  839 SW Green Ave, Portland, OR 97205

  Listing price reflects a Portfolio of two properties, totaling 7 units, along with 2324 SW Cactus, See MLS#665770755 Properties are adjacent to one another.Welcome to the Cedar Hill Apartments, one of Portland's first reinforced concrete buildings. Designed by Architect Henry Hefty in the American Renaissance style in 1910. The Cedar Hill Apartments has 5 generously sized studio apartments, with

  

  Dan Volkmer

  Windermere Realty Trust

  (971) 626-1809

  

  839 SW Green Ave, Portland, OR 97205
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  /48

  $1,745,000

  • 4 Beds
  • 3 Baths
  • 4,595 Sq Ft

  2324 SW Cactus Dr, Portland, OR 97205

  Wonderful Craftsman built in 1910 and designed by Architect Earnest Boyd MacNaughton. Converted to a duplex in 1956, while retaining original architectural elements and details. The result is a craftsman duplex with spacious apartments full of old-world charm, panoramic views from large picture windows and decks. This property is offered as a portfolio along with 839 SW Green, adjacent and below,

  

  Dan Volkmer

  Windermere Realty Trust

  (971) 414-2912

  

  2324 SW Cactus Dr, Portland, OR 97205
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  /31

  $625,000

  • 4 Beds
  • 2 Baths
  • 1,644 Sq Ft

  4743 N Albina Ave, Portland, OR 97217

  This close-in duplex in the trendy Mississippi neighborhood is an investor’s dream. Each 2-bed, 1-bath unit is highly rentable and rarely vacant. And the location can’t be beat! Just a 5-minute walk to the heart of the neighborhood’s restaurants, boutiques, and coffee shops. The hot Williams-Vancouver corridor, Alberta Arts District, and PCC Cascade campus are also close by. Property features

  

  Jeff Birndorf

  Cascade Hasson Sotheby's International Realty

  (503) 836-8536

  

  4743 N Albina Ave, Portland, OR 97217
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  /21

  $559,950

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

  4840 NE 99th Ave, Portland, OR 97220

  *** 10% DOWN INVESTOR LOAN *** 9.74% CAP RATE *** A CAP Rate higher than the loan interest rate is a no brainer! CLAIM THIS POSITIVE CASH FLOW NOW!!! 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

  

  Jason Kennedy

  RE/MAX Equity Group

  (971) 396-5635

  

  4840 NE 99th Ave, Portland, OR 97220
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  /26

  $314,900 New Construction

  • 2 Beds
  • 1.5 Baths
  • 809 Sq Ft

  5473 N Fessenden St, Portland, OR 97203

  Sustainably-Built New Construction Townhome Across from Northgate Park — No HOA. Be the first to own this sustainably-built new construction townhome, ideally located adjacent to Northgate Park. Home is situated on its own lot with no HOA, offering true fee-simple ownership. This 2-bedroom, 1.5-bathroom home is thoughtfully designed with high-end finishes throughout, including quartz countertops,

  

  Daniel Silvey

  Knipe Realty ERA Powered

  (503) 461-5925

  

  5473 N Fessenden St, Portland, OR 97203
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  /25

  $334,900 New Construction

  • 2 Beds
  • 1.5 Baths
  • 809 Sq Ft

  5465 N Fessenden St, Portland, OR 97203

  Sustainably-Built New Construction Townhome Across from Northgate Park — Corner Unit with No HOA. Be the first to own this sustainably-built new construction townhome, ideally located adjacent to Northgate Park. Home is situated on its own lot with no HOA, offering true fee-simple ownership. This 2-bedroom, 1.5-bathroom home is thoughtfully designed with high-end finishes throughout, including

  

  Daniel Silvey

  Knipe Realty ERA Powered

  (503) 447-7195

  

  5465 N Fessenden St, Portland, OR 97203
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  /48

  $349,900 New Construction

  • 2 Beds
  • 1.5 Baths
  • 1,003 Sq Ft

  8353 N Newman Ave, Portland, OR 97203

  Enjoy this Net Zero, EPS, and Energy Star certified Green Home — powered by solar — delivers unmatched energy savings and year-round comfort. Thoughtfully designed with a perfect balance of function and style, ideal for entertaining friends or enjoying peaceful evenings at home. The kitchen shines with designer cabinets, quartz counters, and stainless-steel appliances, flowing seamlessly into the

  

  Greg Fox

  Happy Homes Properties, Inc.

  (503) 461-2592

  

  8353 N Newman Ave, Portland, OR 97203
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  /48

  $629,000

  • 3 Beds
  • 3 Baths
  • 2,245 Sq Ft

  10441 SW Windwood Way, Portland, OR 97225

  This beautifully appointed home at 10441 SW Windwood Way offers refined living in one of Portland’s most desirable communities. Built by Renaissance, end unit, 2245sf, 3bedrooms + 3 batherooms, 2 patios, and 2 car garages.Timeless craftsmanship, high ceilings, and abundant natural light, this residence blends elegance with comfort. The open-concept floor plan includes a gourmet kitchen with

  Zhi Zhan Yang MORE Realty

  

  10441 SW Windwood Way, Portland, OR 97225
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  $1,299,995 Open Sat 1PM - 3PM

  • 4 Beds
  • 4.5 Baths
  • 3,504 Sq Ft

  207 S Nebraska St, Portland, OR 97239

  Back on market due to no fault of the property. Seller is motivated and the home is ready for a smooth, timely closing.Modern Luxe × Award-Winning Craftsmanship! 4 BD · 3.5 BA · 3,404 SF · John’s Landing Experience next-level design and engineering in this brand-new masterpiece by Exceptional Homes by Andre—Portland’s 2024 Luxury Structure & Style Award winner and a featured builder in the 2025

  Veronica Park Keller Williams Realty Portland Premiere

  

  207 S Nebraska St, Portland, OR 97239
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  $879,950 New Construction

  • 5 Beds
  • 3.5 Baths
  • 2,565 Sq Ft

  2458 SE Cora St, Portland, OR 97202

  5.25 OR LOWER FIXED INTEREST RATE WITH BUILDER-PAID BUYDWN (subject to market and eligibility). LAST HOME AVAILABLE! Fantastic Live/Rent option or rent both units! This exquisite brand new home with warranties features 3 bedrooms and 2 1/2 baths in the primary home, plus an additional 2 bedrooms, full bath, and full kitchen in a lower-level ADU with a separate entrance. Quality construction,

  Reuben Schug Windermere Realty Trust

  

  2458 SE Cora St, Portland, OR 97202
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  /30

  $815,000

  • 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 BrentwoodDarlington neighborhood of Southeast Portland. Each of the four units features 2 bedrooms and 1 bathroom, along withindividually fenced backyards that offer privacy and outdoor space—highly valued by tenants. The property has beenthoughtfully updated throughout, with improvements that

  Tiffany Laviolette The Alpine Group, Inc.

  

  5821 SE Knapp St, Portland, OR 97206
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  /20

  $1,850,000 New Construction

  • 10 Beds
  • 15 Baths
  • 5,390 Sq Ft

  5860 N Missouri Ave, Portland, OR 97217

  This exceptional five-plex condominium is nestled in the heart of North Portland's vibrant North Humboldt neighborhood. With a Walk Score of 85 and Transit Score of 54, the property provides excellent walkability and transit access, plus close proximity to New Seasons, Whole Foods, Portland International Airport (18 minutes), and many popular restaurants and shops. The property features hard

  Vince Cortese LUXE Forbes Global Properties

  

  5860 N Missouri Ave, Portland, OR 97217
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  $895,000

  • 5 Beds
  • 2 Baths

  4824 NE 8th Ave Unit 4826, Portland, OR 97211

  Completely rebuilt from the studs out! This exceptional duplex offers two fully remodeled units with all-new systems, finishes, and permits. Every detail has been redone — new plumbing, electrical, panel, insulation, drywall, windows, waterproofed basement, and flooring. Main Unit (3BR/1BA) features a stunning remodeled kitchen, one bedroom on the main and two in the finished basement, hardwood

  Javier Alomia Real Broker

  

  4824 NE 8th Ave Unit 4826, Portland, OR 97211
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  /32

  $949,000

  • 4 Beds
  • 4 Baths
  • 4,514 Sq Ft

  2223 NE 9th Ave, Portland, OR 97212

  Old-world charm in Historic Irvington. Close proximity to Irvington Park, Whole Foods, coffee shops, restaurants, public transportation, medical... This jewel box built-as fourplex has original leaded glass, woodwork, cabinetry, moldings, and a classic layout including adorable kitchen breakfast nooks and back door service entrances leading to the basement and the rear building exit. This is a

  David Columbus Living Room Realty

  

  2223 NE 9th Ave, Portland, OR 97212
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  $889,900

  • 5 Beds
  • 5 Baths
  • 3,424 Sq Ft

  6636 S Virginia Ave, Portland, OR 97239

  Rare opportunity in John’s Landing. Two homes on one tax lot offering flexibility for multigenerational living, income potential, or future Multi-Family Development. The main residence on SW Vermont St is a showcase of modern light and space with soaring 20+ ft ceilings, floor-to-ceiling windows, and an open kitchen featuring a center island and sleek white cabinetry. The main level primary suite

  David Sobolik Knipe Realty ERA Powered

  

  6636 S Virginia Ave, Portland, OR 97239
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  /13

  $1,899,000 New Construction

  • 7 Beds
  • 5 Baths
  • 4,416 Sq Ft

  7206 N Saint Louis Ave, Portland, OR 97203

  Diversify your investment portfolio in one pkg w/this rare opportunity to own 7 units with; 6 new construction condos + a detached house!New construction units feat high-end quality finishes throughout the light&bright open concept flrpln from the beautiful kitch w/custom cabs,slab counters,SS apps to the neutral tones, tasteful tile &great variety of well performing 0-3 bed units!Detached 2bed

  Darryl Bodle Keller Williams Realty Portland Premiere

  

  7206 N Saint Louis Ave, Portland, OR 97203
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  $30,875,000 New Construction

  • 7 Beds
  • 7 Baths
  • 67,286 Sq Ft

  2425 NE Alberta St, Portland, OR 97211

  Own a rare portfolio of 9 buildings and 121 units, featuring a dynamic mix of townhomes, apartments, and retail spaces. Built between 2023–2025 with high-end finishes throughout, this collection offers strong diversification, modern design, and exceptional tenant appeal. The properties are strategically located across some of Portland’s most sought-after neighborhoods, including the iconic

  Darryl Bodle Keller Williams Realty Portland Premiere

  

  2425 NE Alberta St, Portland, OR 97211
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  $4,799,900 New Construction

  • 1 Bed
  • 2 Baths
  • 9,690 Sq Ft

  4738 SE Belmont St, Portland, OR 97215

  Exquisite modern, new construction 20-unit apt complex from a quality local builder with a mix of studio + 1 bed units including a generous 1,124 sf Retail Space that presents a perfect canvas that can be tailored to suit a wide range of ventures. Expertly crafted featuring expansive ceilings + open concept floor plan bringing an abundance of natural light with designer finishes + colors! Sleek

  Darryl Bodle Keller Williams Realty Portland Premiere

  

  4738 SE Belmont St, Portland, OR 97215
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  /15

  $3,575,000

  8205 SE Harney St, Portland, OR 97266

  Presenting a rare opportunity to acquire three value-add mobile home/RV parks with 59 total spaces in prime Portland metro locations: (1) 8205 SE Harney St, Portland, OR, (2) 8460 SE Clatsop St, Happy Valley, OR, & (3) 4720 NE 110th Ave, Portland, OR. Each park is connected to city water and sewer, with the ability to bill back utilities. Current rents are significantly below market, offering

  Jim Reiter Columbia Equity Advisors

  

  8205 SE Harney St, Portland, OR 97266
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  /14

  $825,000

  • 8 Beds
  • 1 Bath

  4103 SE Boise St Unit 4109, Portland, OR 97202

  Highly desirable, close-in SE Portland 4 plex with great rental history and income potential. Long term tenants,in unit laundry, private patio space and parking. Close to Hawthorne shopping, dining and mass transit.

  Krystin Bassist Windermere Realty Trust

  

  4103 SE Boise St Unit 4109, Portland, OR 97202
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  /12

  $514,995

  • 3 Beds
  • 2 Baths
  • 1,519 Sq Ft

  5215 N Willis Blvd Unit 5219, Portland, OR 97203

  With a brand new 30 year roof, Discover a fantastic investment opportunity with this charming duplex located in the vibrant NoPo/St. Johns area of Portland, Oregon! Perfectly situated close to schools and just minutes from the bustling center of St. Johns, this property offers both convenience and potential.Set on a desirable corner lot, the duplex features off-street parking for both units,

  Kevin Smallbeck RE/MAX Equity Group

  

  5215 N Willis Blvd Unit 5219, Portland, OR 97203
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  $1,250,000

  • 7 Beds
  • 7 Baths
  • 6,178 Sq Ft

  1408 SE 22nd Ave, Portland, OR 97214

  This seven-unit multifamily property is located at the corner of SE 22nd and Madison in Portland’s highly desirable Buckman neighborhood. Built in 1904, this classic east side building offers spacious one-bedroom units, featuring hardwood floors, gas ranges, and abundant natural light.The property includes on-site laundry, a full basement with storage, and off-street parking—rare amenities in

  Benjamin Ficker Rarebird Real Estate

  

  1408 SE 22nd Ave, Portland, OR 97214
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  $1,849,000

  • 7 Beds
  • 10 Baths
  • 6,538 Sq Ft

  824 SE 30th Ave, Portland, OR 97214

  Don't miss this chance to own a great investment property in the popular Belmont-Hawthorne neighborhood! This 12 unit apartment building has hardwood floors and classic charm in the heart of everything. Stable tenants. Your chance to acquire this gem in your portfolio. Owner Carried Contract available with 750k down payment at 5% due & payable in 5yrs. Monthly Rent totals at $14,000

  Kristen Dozono RE/MAX Equity Group

  

  824 SE 30th Ave, Portland, OR 97214
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  $4,699,900 New Construction

  • 8 Beds
  • 12 Baths
  • 9,970 Sq Ft

  8632 SW 21st Ave, Portland, OR 97219

  New construction 11-unit condominium community located in Portland’s desirable Markham neighborhood, offering investors a rare opportunity to acquire a modern, low-maintenance asset with immediate lease-up potential. All units are currently vacant and move-in ready, allowing for rapid tenant placement and quick income stabilization. Each well-designed unit ranges from approximately 905 to 908

  Darryl Bodle Keller Williams Realty Portland Premiere

  

  8632 SW 21st Ave, Portland, OR 97219
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  $5,424,900 New Construction

  • 20 Beds
  • 26 Baths
  • 13,521 Sq Ft

  5855 NE Prescott St, Portland, OR 97218

  Investor Opportunity – Newly Built 17-Unit Portland Multifamily Portfolio! An exceptional opportunity to acquire a newly constructed 17-unit multifamily portfolio across three high-performing Portland neighborhoods: Cully, Kenton, and St. Johns. Built between 2023 and 2025, each building showcases modern design with high-end finishes, open layouts, and oversized windows that fill the interiors

  Darryl Bodle Keller Williams Realty Portland Premiere

  

  5855 NE Prescott St, Portland, OR 97218
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  $1,375,000 New Construction

  • 2 Beds
  • 1 Bath

  4690 N Congress Ave, Portland, OR 97217

  Brand new construction four-plex in A+ location blocks from Albina, Mississippi, and Williams. All four units are two bedroom, one bathroom townhomes built in 2025. Enjoy the peace of mind of owning a property in its prime condition. Kitchens include high end appliances, tasteful tile, and modern cabinets. Bathroom is elegant and well designed. LVP flooring, tall ceilings, and plentiful windows

  Jordan Tietz Kelly Right Real Estate of Portland, LLC

  

  4690 N Congress Ave, Portland, OR 97217
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  /24

  $3,349,900 New Construction

  • 7 Beds
  • 8 Baths
  • 9,647 Sq Ft

  11 NE 55th Ave, Portland, OR 97213

  Exceptional investment opportunity in Portland’s coveted North Tabor neighborhood. This newly constructed 16-unit apartment building, completed by a respected local builder, offers modern design, long-term durability, and broad rental appeal. With a proven rental history and low-maintenance construction, this turnkey property is ideal for both seasoned investors and those looking to expand their

  Darryl Bodle Keller Williams Realty Portland Premiere

  

  11 NE 55th Ave, Portland, OR 97213
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  /17

  $525,000

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

  14811 NE Fremont Ct Unit 14813, Portland, OR 97230

  Fantastic Duplex on a quiet cul-de-sac street in the popular Wilkes neighborhood! Wonderful opportunity to live in one and rent the other or long-term investment. Desirable townhouse-style floorplan with open DR / Kitchen / LR on main level, with 2 Bedrooms and 2 full bathrooms upstairs. Each unit includes their own fenced yard space, attached garage and utility room with washer/dryer. 100%

  Theresa deSousa + Brian Spear Opt

  

  14811 NE Fremont Ct Unit 14813, Portland, OR 97230
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  /33

  $1,999,950

  • 9 Beds
  • 7 Baths
  • 3,571 Sq Ft

  8955 SW Club Meadow Ln, Portland, OR 97225

  Exceptional 5-Bed Adult Care Home Business in SW Portland (9 Total Bedrooms)Located in a peaceful residential neighborhood in Southwest Portland, this well-established adult care home presents a rare opportunity for an experienced healthcare operator to acquire a profitable and fully licensed residential care business.This turn-key operation provides both quality care in a home-like setting and

  Jason Mendell eXp Realty, LLC

  

  8955 SW Club Meadow Ln, Portland, OR 97225
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  /20

  $499,900

  • 2 Beds
  • 2 Baths
  • 2,678 Sq Ft

  3306 SE 56th Ave, Portland, OR 97206

  Fabulous duplex opportunity in desirable South Tabor! Showcasing classic 1940s charm and fresh exterior paint, this corner-lot property features two 1-bedroom, 1-bath units with generous room sizes, hardwood floors, and separate full basements. A detached two-car garage with a driveway provides convenient off-street parking and ADU potential. Buyer to perform due diligence regarding development.

  Douglas Landers John L. Scott Portland Central

  

  3306 SE 56th Ave, Portland, OR 97206
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  /16

  $411,000

  • 2 Beds
  • 1 Bath
  • 970 Sq Ft

  2176 NW Everett St Unit 1, Portland, OR 97210

  Your Christmas gift that keeps on giving!This NW Portland charmer brings character, location, and serious value—offered by a motivated seller who would love to close before the holidays. With low HOA dues and potential short-term rental options (buyer to verify all use with the City of Portland), this condo works beautifully as both a cozy home and a strategic investment. Enjoy tree-lined

  Heather Parmley Coldwell Banker Bain

  

  2176 NW Everett St Unit 1, Portland, OR 97210
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  /32

  $729,000

  • 3 Beds
  • 2.5 Baths
  • 2,720 Sq Ft

  512 NE 56th Ave, Portland, OR 97213

  Modern 3-bed, 2.5-bath home built in 2021 with 2,720 sq ft spread across four thoughtfully designed levels. Located on a quiet side street in Portland’s desirable North Tabor neighborhood, this residence offers a perfect blend of style and convenience with close proximity to OHSU, freeway access, grocery stores, and a vibrant mix of bars and restaurants. The open-concept main floor features

  Jacob Serrill Kelly Right Real Estate of Portland, LLC

  

  512 NE 56th Ave, Portland, OR 97213
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  /35

  $699,900

  • 7 Beds
  • 4 Baths

  9311 SE Grant St, Portland, OR 97216

  Terrific multi generational living situation in Southeast Portland. This property offers two homes on nearly a half acre zoned RM1. Home #1 is a four bedroom home featuring hardwood floors, built ins, a gas fireplace, updated windows, newer roof and a partially finished basement with bathroom and one room with egress. A detached garage has power.Home #2 is a manufactured home with cement block

  Christina Hamilton RE/MAX Equity Group

  

  9311 SE Grant St, Portland, OR 97216
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  /22

  $975,000

  • 6 Beds
  • 5 Baths
  • 3,238 Sq Ft

  9628 SE Holgate Blvd, Portland, OR 97266

  Incredible investment opportunity in the heart of SE Portland’s vibrant Lents neighborhood! This multi-family property features a charming 2-bedroom Craftsman home built in 1912, showcasing original character with arched doorways, built-ins, and hardwood floors. Tucked behind it sits a modern duplex built in 2020—each side offering 2 bedrooms, 1.5 bathrooms, and private off-street parking. House

  Bradley Harper ELEETE Real Estate

  

  9628 SE Holgate Blvd, Portland, OR 97266
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  /23

  $374,900 New Construction

  • 2 Beds
  • 2.5 Baths
  • 984 Sq Ft

  6806 NE 6th Ave, Portland, OR 97211

  You've watched the project being built, now is the time to see it in person! Discover contemporary living at its finest in our brand-new, six-unit development located in the heart of Northeast Portland. Designed for comfort, style, and convenience, each spacious 900-square-foot unit offers a perfect balance of modern amenities and urban charm. Right around the corner from coffee shops, breweries

  Adam Shepard John L. Scott Portland Central

  

  6806 NE 6th Ave, Portland, OR 97211
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  $2,619,900 New Construction

  • 9 Beds
  • 12 Baths
  • 6,733 Sq Ft

  3562 N Haight Ave, Portland, OR 97227

  Investor alert in Boise/Mississippi: a boutique 6-unit community positioned for durable rent demand and low-maintenance ownership. Each residence is individually metered for simplified utility pass-through and cleaner P&L, and each includes private, fenced patio space plus generous 40'x8' attic storage with pulldown access stairs for long-term or seasonal items—keeping interiors uncluttered and

  Darryl Bodle Keller Williams Realty Portland Premiere

  

  3562 N Haight Ave, Portland, OR 97227
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  /14

  $1,150,000

  • 6 Beds
  • 5 Baths

  4428 SE 42nd Ave Unit 4436, Portland, OR 97206

  100% occupied with long term renters. Close in 5 plex. Solid rental history. Great investment opportunity. Very well maintained property that has had multiple updates done over the years. 2024 new roof, Very well cared for by a local owner and same family for over 40 years. The front unit is 2-bedroom and has 2 fireplaces (1 gas), city views, finished basement/ bonus area with access to the 2 car

  Kenneth Becket Coldwell Banker Bain

  

  4428 SE 42nd Ave Unit 4436, Portland, OR 97206
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  /16

  $2,950,000

  • 16 Beds
  • 10 Baths
  • 10,603 Sq Ft

  9757 SE Holgate Blvd, Portland, OR 97266

  Built in 2021, all units are rented/leasing, slab granite countertop, stainless steel appliances, laminate flooring, write offer subject to interior inspection, near bus line, and transit center. tenants pay for their utilities, owner maintaining the landscaping, and recycle/garbage. NOTE: interior pictures taken when building completed in late 2021.

  Tim Wei Windermere Community Realty

  

  9757 SE Holgate Blvd, Portland, OR 97266
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  /33

  $435,000

  • 2 Beds
  • 2 Baths
  • 1,196 Sq Ft

  16520 SW Monaco Ln, Portland, OR 97224

  Welcome home to 16520 SW Monaco Ln, a truly special Garden Villa townhome in the award-winning 55+ King City Civic Association—where easy living meets exceptional style. Freshly staged and fabulously appointed, this single-level, no-stairs beauty offers 1,196 sq ft, two bedrooms, and two baths, all designed with comfort and convenience in mind. Step inside to a light-filled great room with

  Elaine Simms Ken Miller & Associates

  

  16520 SW Monaco Ln, Portland, OR 97224

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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.

Learn more about living in Portland

Home Trends in Portland, OR

On average, homes in Portland, OR sell after 51 days on the market compared to the national average of 53 days. The median sale price for homes in Portland, OR over the last 12 months is $540,000, up 2% from the median home sale price over the previous 12 months.

Housing Trends

Median Sale Price

$540,000

Median Single Family Sale Price

$581,250

Median Townhouse Sale Price

$467,000

Median 2 Bedroom Sale Price

$359,900

Median 1 Bedroom Sale Price

$275,000

Average Price Per Sq Ft

$329

Number of Homes for Sale

1,693

Last 12 months Home Sales

8,889

Months of Supply

2.30

Median List Price

$548,000

Median Change From 1st List Price

1%

Median Home Sale Price YoY Change

2%