Portland, OR Multifamily Homes & Duplexes for Sale

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  /41

  $750,000

  • 4 Beds
  • 4 Baths
  • 2,387 Sq Ft

  3959 NE 7th Ave, Portland, OR 97212

  Sophisticated contemporary urban living with real flexibility & investment income potential in this thoughtfully designed 4 bed plus office,4 bath home.The main level opens into a bright, functional layout where the kitchen naturally connects to the living & dining spaces featuring quartz countertops, SS appliances, wet bar w/wine cooler,gas fireplace & the generous layout makes it easy to cook

  

  Suzanne Clark

  Cascade Hasson Sotheby's International Realty

  (971) 309-8360

  

  3959 NE 7th Ave, Portland, OR 97212
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  /17

  $799,999

  • 2 Beds
  • 1 Bath
  • 2,000 Sq Ft

  5821 SE Knapp St, Portland, OR 97206

  This 4-plex offers an amazing opportunity for both seasoned investors and buyers looking to live in one unit and rent out the others. Let this property pay your mortgage while your net worth grows! All units feature updates throughout, including quartz countertops, LVP flooring, and stainless steel appliances. Each unit also features its own private fenced backyard.Parking is a breeze with

  

  Alex Johnson

  Keller Williams PDX Central

  (971) 395-4265

  

  5821 SE Knapp St, Portland, OR 97206
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  /45

  $715,000

  • 6 Beds
  • 2 Baths
  • 3,168 Sq Ft

  921-927 NE Prescott St, Portland, OR 97211

  Darling side-by-side duplex in the heart of the HOT King/Alberta neighborhood — an unbeatable rental location! Each unit features a mirrored layout filled with charm and classic details, including hardwood floors and built-ins. Both units enjoy fantastic outdoor spaces with front and side decks, an elevated front yard overlooking Prescott, plus a large, private, fenced backyard complete with a

  

  Kevin Caplener

  Windermere Realty Trust

  (503) 512-6808

  

  921-927 NE Prescott St, Portland, OR 97211
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  /6

  $10,300,000

  • 9 Beds
  • 9 Baths
  • 30,940 Sq Ft

  4534-4624 SW Dickinson St, Portland, OR 97219

  Dickinson Crossing presents a rare & flexible investment opportunity in SW Portland. The offering includes 43 well-maintained 1- & 2-bedroom units (41,970 sf lot) plus add'l 80,168 SF of raw land on 2 separate tax lot(s). Seller is completing a 3 lot partition to separate the apartments from raw land, allowing for either a partial sale or full property sale. (Partial sale subject to final plat

  

  Rett Pratt

  Premiere Property Group, LLC

  (971) 406-4216

  

  4534-4624 SW Dickinson St, Portland, OR 97219
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  /36

  $999,900

  • 8 Beds
  • 8 Baths
  • 3,722 Sq Ft

  8913 SE Rhone St Unit 8919, Portland, OR 97266

  4-plex in desirable SE Portland offering four spacious units, each approximately 930 square feet with 2 bedrooms and 2 full bathrooms. Two units are located on the main level with sliding doors to private patios and direct backyard access, while the upper units feature covered decks with attached storage rooms. Two of the units are furnished, providing added flexibility for rental opportunities.

  

  Tim Sellers

  Berkshire Hathaway HomeServices NW Real Estate

  (971) 458-4317

  

  8913 SE Rhone St Unit 8919, Portland, OR 97266
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  /23

  $419,900

  • 3 Beds
  • 2 Baths
  • 1,134 Sq Ft

  9242 SE Harrison St, Portland, OR 97216

  Classic 1949 home with beautiful hardwood floors and great original character. The main house offers 2 bedrooms and 1 bathroom, along with an updated kitchen, vinyl windows, gas heat, and ceiling fans. There’s a nice back patio that’s perfect for relaxing or entertaining. The property also includes a separate 1-bedroom 1-bath ADU with its own full kitchen and bathroom—ideal for extended family,

  

  Jason Preuit

  Premiere Property Group, LLC

  (971) 390-1907

  

  9242 SE Harrison St, Portland, OR 97216
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  /45

  $729,900

  • 7 Beds
  • 3 Baths
  • 3,872 Sq Ft

  6313 SE 92nd Ave, Portland, OR 97266

  Classic 1912 triplex with a lot of original character and solid updates throughout. Each unit is 2 bed, 1 bath, with solid rental history which is a good fit for either an investor or someone looking to live in one and rent the others. The property has seen updates over time to the kitchens, bathrooms, and interior finishes, so it feels more modern while still keeping that older home charm. Each

  

  Jason Preuit

  Premiere Property Group, LLC

  (503) 855-6566

  

  6313 SE 92nd Ave, Portland, OR 97266
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  /47

  $825,000

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

  602 S Vermont St, Portland, OR 97219

  Refreshed & Renewed rare one level duplex perfectly situated in the heart of John’s Landing, offering exceptional flexibility for owner occupants and investors alike. Each unit has been thoughtfully and extensively updated, featuring refined, new construction style finishes and modern systems throughout. Enjoy the convenience of off street parking with one dedicated space per unit, plus a private

  

  Rebel Steirer

  Premiere Property Group, LLC

  (971) 316-5794

  

  602 S Vermont St, Portland, OR 97219
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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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  /44

  $650,000

  • 4 Beds
  • 2 Baths
  • 1,650 Sq Ft

  4525 SE 30th Ave Unit 4527, Portland, OR 97202

  Live (or rent! or both!) in the vibrant heart of SE Portland while enjoying everyday conveniences just moments from your front door. Grab your morning coffee at Heretic Coffee or Café Rowan. Pop over to Trader Joe’s for groceries or a quick snack. Walk your dog or play some tennis at the lovely Kenilworth Park just across the street. Get your fill of nature and beauty at the nearby Crystal

  

  Katie Sengstake

  Windermere Realty Trust

  (971) 342-6341

  

  4525 SE 30th Ave Unit 4527, Portland, OR 97202
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  /43

  $825,000

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

  604 S Vermont St, Portland, OR 97219

  Refreshed & Renewed rare one level duplex perfectly situated in the heart of John’s Landing, offering exceptional flexibility for owner occupants and investors alike. Each unit has been thoughtfully and extensively updated, featuring refined, new construction style finishes and modern systems throughout. Enjoy the convenience of off street parking with one dedicated space per unit, plus a private

  

  Rebel Steirer

  Premiere Property Group, LLC

  (971) 257-1019

  

  604 S Vermont St, Portland, OR 97219
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  /2

  $1,100,000

  • 10 Beds
  • 8 Baths
  • 4,838 Sq Ft

  310 Cervantes, Lake Oswego, OR 97035

  Positioned in the heart of Lake Oswego's sought-after Mountain Park community, this updated Cervantes fourplex presents a rare and compelling investment opportunity. Comprising four individual deeds with newly appealed property taxes, the property offers both immediate upside and long-term value. Three of the four units have been thoughtfully remodeled with modern finishes, hardwood floors, and

  

  Yvonne Blewett

  Cascade Hasson Sotheby's International Realty

  (971) 471-5977

  

  310 Cervantes, Lake Oswego, OR 97035
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  $299,900 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

  $329,900 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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  /7

  $3,225,000 New Construction

  • 3 Beds
  • 3 Baths
  • 10,480 Sq Ft

  4775 NE 107th Ave, Portland, OR 97220

  Recently constructed and fully stabilized 16-unit apartment building located in Portland’s Parkrose neighborhood. This turn-key investment offers low-maintenance ownership with modernsystems, contemporary finishes, and a balanced mix of unit types designed to attract a broad tenant base. Built with long-term durability and operational efficiency in mind, the property features well-finished units

  

  Daniel Silvey

  Knipe Realty ERA Powered

  (971) 396-3934

  

  4775 NE 107th Ave, Portland, OR 97220
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  /43

  $349,900 New Construction

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

  8355 N Newman Ave, Portland, OR 97203

  New home! New Price! On this Net Zero, EPS, and Energy Star certified green home. Powered by solar — delivering unmatched energy savings and year-round comfort. Thoughtfully designed, 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 great room with powder

  

  Greg Fox

  Happy Homes Properties, Inc.

  (971) 402-2984

  

  8355 N Newman Ave, Portland, OR 97203
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  /48

  $334,900 New Construction

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

  8353 N Newman Ave, Portland, OR 97203

  Net Zero, EPS, and Energy Star certified green homes. Hurry — only two left! Powered by solar — delivering unmatched energy savings and year-round comfort. Thoughtfully designed, 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 great room with powder bath.

  

  Greg Fox

  Happy Homes Properties, Inc.

  (503) 461-2592

  

  8353 N Newman Ave, Portland, OR 97203
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  /40

  $379,900

  • 2 Beds
  • 2.5 Baths
  • 1,119 Sq Ft

  1242 N Morgan St, Portland, OR 97217

  Move-in ready corner unit with natural light, two primary suites, proper storage, a clean garage + patio, minutes to eateries, grocery, parks and the Yellow MAX. Energy Score 10, and genuinely fun and relaxing to live in.Sleek Arbor Lodge living in a bright, quiet west end unit built for everyday life. Tall ceilings, warm wood accents, and floor-to-ceiling windows flood the open main level with

  Jason Anderson Real Broker

  

  1242 N Morgan St, Portland, OR 97217
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  /44

  $389,000

  • 2 Beds
  • 2.5 Baths
  • 1,332 Sq Ft

  4714 SW 2nd Ct, Portland, OR 97239

  Filled with natural light and ideally located between the Corbett and John's Landing neighborhoods of SW Portland, this thoughtfully designed townhome features quality finishes and an exceptional urban lifestyle. Step in to the bright open floor plan where the kitchen, dining, and living areas flow naturally together. The living room offers high ceilings, a wall of windows, two skylights, a gas

  Cindy Johnson John L. Scott Portland Central

  

  4714 SW 2nd Ct, Portland, OR 97239
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  $924,000

  • 4 Beds
  • 4 Baths
  • 3,182 Sq Ft

  5816 S Corbett Ave, Portland, OR 97239

  Do not miss this beautifully updated Johns Landing Home. Seller will help buyers with interest rate buy down .This home has been updated throughout including hardwood floors, gas fireplace, gourmet kitchen, spa like primary suite, HVAC, tankless water heater, central vac, and so much more! Living room has a floor to ceiling gas fireplace, adjacent dining & kitchen complete with granite, tile,

  Lawrence Burkett Premiere Property Group, LLC

  

  5816 S Corbett Ave, Portland, OR 97239
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  /48

  $1,169,000

  • 5 Beds
  • 4 Baths

  6925 SE Morrison St, Portland, OR 97215

  DAZZLING DUET: CLASSIC CAPE COD MEETS SPECTACULAR CONTEMPORARY DETACHED ADU! Both homes have the corner on the best multigenerational living/income opportunity in town. The dynamic duo lives like separate but cohesive homes, just 3 blocks to Mt. Tabor Park and steps to Coquine. Both homes are located in a lovely block that is like a step back in time. This is the Mt. Tabor power couple you don't

  Bonnie Roseman Living Room Realty

  

  6925 SE Morrison St, Portland, OR 97215
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  $680,000

  • 5 Beds
  • 4 Baths
  • 2,208 Sq Ft

  5536 NE Alberta St, Portland, OR 97218

  Open Houses: Sat 11-1pm. Sun 1-3pm. Two homes. One lot. Big flex! This Cully Compound is what co-living dreams are made of! This property *IS* the unicorn: two detached homes on one property, each with its own private, fully fenced backyard. Each unit offers its own rhythm, with separate entrances & utilities, creating that perfect balance of togetherness + autonomy. Unit A: 3 bed, 1.5 bath with

  Sean Brochin Portlandia Properties, LLC

  

  5536 NE Alberta St, Portland, OR 97218
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  /48

  $1,699,950 New Construction

  • 3 Beds
  • 2 Baths
  • 4,074 Sq Ft

  5484 SE Boise St, Portland, OR 97206

  Turnkey New Construction Investment Opportunity – Earth Advantage Platinum | SE Portland. Rare opportunity to acquire a high-performance, design-forward rental asset in the heart of Foster-Powell. Boise Cottages features all-electric, Earth Advantage Platinum certified homes (HES 10, Net Zero Ready, Solar Ready) designed for long-term durability, low operating costs and strong tenant appeal. Each

  Kelly Asmus Berkshire Hathaway HomeServices NW Real Estate

  

  5484 SE Boise St, Portland, OR 97206
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  /27

  $879,950 New Construction

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

  2458 SE Cora St, Portland, OR 97202

  4.99 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, sensible

  Reuben Schug Windermere Realty Trust

  

  2458 SE Cora St, Portland, OR 97202
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  /39

  $280,000

  • 2 Beds
  • 1.5 Baths
  • 1,163 Sq Ft

  10900 SW 76th Place, Portland, OR 97223

  Well-maintained townhome in desirable Tigard offering a comfortable and functional layout. The main level features laminate flooring and a bright, open-concept design connecting the kitchen, dining, and living spaces, ideal for everyday living or entertaining. The kitchen includes stainless steel appliances and ample cabinetry, while the living room is anchored by a cozy fireplace and flows

  Steve Seislove John L. Scott

  

  10900 SW 76th Place, Portland, OR 97223
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  /48

  $680,000

  • 6 Beds
  • 3 Baths
  • 2,544 Sq Ft

  1903 SE 12th Ave, Portland, OR 97214

  Opportunity knocks in one of Portland’s most iconic neighborhoods. This property offers three separate units, ideal for multigenerational living, rental income, or a creative investment project. With solid bones and historic character throughout, it’s ready for someone with vision to bring it back to life and build instant equity. Set just moments from Ladd Circle Park and its charming rose

  Kelly Hagglund The Kelly Group Real Estate

  

  1903 SE 12th Ave, Portland, OR 97214
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  /47

  $774,900

  • 6 Beds
  • 6 Baths

  7427 SE Woodstock Blvd, Portland, OR 97206

  OPEN HOUSE, SUNDAY, 4/26, 2:30-4:30! Two separate homes on one tax lot offer versatility, income potential, or multi-generational living. Zoned RM2. Set behind a classic white picket fence, the main home welcomes you w/a huge, inviting front porch that's perfect for morning coffee or evening relaxation. Inside, the living room showcases beautiful wood floors, a wood-burning fireplace plumbed for

  Jeffrey Capen Windermere Realty Trust

  

  7427 SE Woodstock Blvd, Portland, OR 97206
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  /15

  $1,250,000

  • 5 Beds
  • 6 Baths
  • 4,902 Sq Ft

  1511 NE Tillamook St, Portland, OR 97212

  Historic 5-plex in the heart of Irvington. Expansive executive unit with light filled rooms, hardwood floors, soaking tub, custom gourmet kitchen, marble counters and more. Some of the other units are tastefully updated as well as a shared basement with laundry and storage. Ideal location, walkability and easy access to shops/restaurants in one of Portlands most desirable neighborhoods.

  Atussa Valenti Coldwell Banker Bain

  

  1511 NE Tillamook St, Portland, OR 97212
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  /39

  $835,000

  • 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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  /16

  $850,000

  • 7 Beds
  • 5 Baths

  3026 SE Tacoma St, Portland, OR 97202

  Rare opportunity to own a 4plex in inner SE Portland. With close proximity to all the popular SE attractions. Extra large lot with plenty of potential, ample parking, and garage space that can be leased

  Atussa Valenti Coldwell Banker Bain

  

  3026 SE Tacoma St, Portland, OR 97202
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  /26

  $449,000

  • 3 Beds
  • 2.5 Baths
  • 1,464 Sq Ft

  10999 SW Sage Terrace, Portland, OR 97223

  This beautifully appointed and cared for end-unit townhome with a spacious open floor plan is set with one of the largest backyards in Summerville. Multiple upgrades including a granite kitchen counters, stainless appliances, wainscoting, wood flooring, crown molding, and more. This three bedroom house has a primary ensuite. The kitchen opens to a large dining space, living room and deck.The

  Thomas Patterson Belrose Realty, LLC

  

  10999 SW Sage Terrace, Portland, OR 97223
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  /46

  $839,900

  • 5 Beds
  • 8 Baths
  • 3,718 Sq Ft

  6636 S Virginia Ave, Portland, OR 97239

  Rare opportunity in Portland’s John’s Landing neighborhood featuring two homes on one tax lot, ideal for multigenerational living, house-hacking, or rental income.The main residence offers dramatic 20-foot ceilings, floor-to-ceiling windows, and a rooftop terrace with Mt. Hood views. The flexible layout includes multiple living areas and spacious ensuite bedrooms.A separate 1,100-square-foot

  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

  Fully leased, income-producing 7-unit multifamily asset in North Portland, well suited for a 1031 exchange buyer seeking stable cash flow, diversified unit mix, and modern construction in a single acquisition. The property includes six newer-construction condominium residences plus a detached single-family home, offering multiple income streams and reduced operational concentration risk. The

  Darryl Bodle Keller Williams Realty Portland Premiere

  

  7206 N Saint Louis Ave, Portland, OR 97203
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  /31

  $595,000

  • 4 Beds
  • 2 Baths
  • 2,010 Sq Ft

  1244 NE 118th Ave Unit 1246, Portland, OR 97220

  Charming 1954 duplex, offering two units each with 2 bedrooms and 1 bathroom, one of the bedrooms is located on the main floor, the lower-level bedroom is non-conforming. Recent improvements include new exterior & interior paint, newer furnaces, hot water heater, washer/dryers, sheds, radon mitigation system, window treatments, newer decking, fencing, professionally designed landscaping with a

  Kerri Miller Windermere Realty Trust

  

  1244 NE 118th Ave Unit 1246, Portland, OR 97220
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  /44

  $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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  /36

  $439,900 New Construction

  • 3 Beds
  • 2.5 Baths
  • 1,379 Sq Ft

  4750 N Vanderbilt St, Portland, OR 97203

  Spacious new construction in the heart of Portsmouth offering the perfect blend of functionality, efficiency, and long-term value. This 3-bedroom, 2.5-bath home stands out with 1,379 square feet—larger than many attached homes—featuring an open-concept main level with generous living and dining spaces designed for everyday comfort and entertaining. Upstairs, you’ll find three well-proportioned

  Nikki del Giudice Farrell Realty & Property Management, Inc

  

  4750 N Vanderbilt St, Portland, OR 97203
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  /45

  $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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  /10

  $376,777

  • 3 Beds
  • 2.5 Baths
  • 1,478 Sq Ft

  8826 SE Brooklyn St, Portland, OR 97266

  This 2007-built townhome gives you 3 bedrooms, 2.5 baths, and a layout that actually works—hardwood floors, gas fireplace, and a primary suite with vaulted ceilings. The backyard is fully fenced, the garage is attached, and there's no HOA. Tucked on a quiet street. Also great investment property to add to your portfolio with existing tenants generating income. Come see it before it's gone.

  Keith Jing MORE Realty

  

  8826 SE Brooklyn St, Portland, OR 97266
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  /40

  $700,000

  • 4 Beds
  • 2.5 Baths
  • 2,297 Sq Ft

  11819 SW 60th Ave, Portland, OR 97219

  Stunning home with A+ finishes and a first-rate location. Nestled among majestic Douglas Firs on a low-maintenance, fully landscaped and oversized lot. This spacious 4-bedroom, 2.5 bathroom townhouse sits high above the street and features double-wall construction for incredible privacy, peace and quiet. The floorplan definitely lives much more like a detached residence. You'll forget it's a

  Ronald Milligan Fiv Realty

  

  11819 SW 60th Ave, Portland, OR 97219
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  /38

  $749,000

  • 3 Beds
  • 2.5 Baths
  • 2,554 Sq Ft

  508 NE 56th Ave, Portland, OR 97213

  Modern 3-bed, 2.5-bath home built in 2021 with 2,554 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

  

  508 NE 56th Ave, 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.

Learn more about living in Portland

Home Trends in Portland, OR

On average, homes in Portland, OR sell after 56 days on the market compared to the national average of 56 days. The median sale price for homes in Portland, OR over the last 12 months is $549,974, up 2% from the median home sale price over the previous 12 months.

Housing Trends

Median Sale Price

$549,974

Median Single Family Sale Price

$599,000

Median Townhouse Sale Price

$474,999

Median 2 Bedroom Sale Price

$360,000

Median 1 Bedroom Sale Price

$275,000

Average Price Per Sq Ft

$328

Number of Homes for Sale

2,391

Last 12 months Home Sales

9,298

Months of Supply

3.10

Median List Price

$550,000

Median Change From 1st List Price

2%

Median Home Sale Price YoY Change

2%