Zip codes 97202 homes for sale starting at Fifty Thousand Dollars

$3,899,900 - Portland, OR

5170 Se 28Th Ave Portland, OR - Nestled in the phenomenal Reed neighborhood with an impressive 88 BikeScore, this ten unit community is just steps from Reed College, making it the perfect choice for student housing or traditional rental housing with its sensational, multifaceted SE PDX location. With restaurants, parks, and the stunning Crystal Springs Rhododendron Garden nearby, it offers both convenience and charm. Step inside, and your future tenant will instantly feel the warmth and character. The open-concept design seamlessly connects the kitchens to the dining and living areas, where dramatic accent walls with built-ins and soft ambient lighting creates a stylish and inviting atmosphere. On the lower levels are guest baths dressed in moody tones and elegant tile work—because the smallest details greatly affect your return on investment. Upstairs, primary suites and spacious secondary bedrooms shine with perimeter lighting, soaring ceilings, and oversized windows that flood the bedrooms with natural light. Step outside to private, fenced yards, where cozy patios await for morning coffee or evening gatherings. With Reed College just around the corner and the vibrant neighborhoods of Woodstock, Brooklyn and Westmoreland less than a mile away,this location is perfectly situated for both relaxation, adventure and low vacancy rates. Between low maintenance costs due to the quality, new construction and a one-year builders warranty, you can rest assured your investment is safe.

$2,950,000 - Portland, OR

6633 Se 29Th Ave Portland, OR - Yes, this is *that house*! Legendary Eastmoreland English Cottage with stunning stone, brick, & stucco exterior graced with an elaborate rolled roof. Pristine, honey-warm gumwood glows throughout the house, particularly astonishing in the fully paneled foyer and carved staircase/landing gallery with its three gorgeous leaded and stained glass windows. Designed for entertaining, the circular floor plan leads to a 20 x 25 living room with sculptural stone fireplace and french doors to a covered patio, expanding your gathering space. Explore the exquisite library with its vaulted ceilings, extensive built-ins, & cozy fireplace; greet the day in the brilliant morning room which is the lower level of the remarkable architectural turret. Period-sensitive, incredibly practical chef's kitchen w/handmade tile, pillowed marble flooring, marble countertops and island, huge gas range with pot-filler; carry your creations through to the long, gracious dining room where there is always room for one more at table. Everyone has their own retreat with four ensuite bedrooms on the second level, each with a delightful Art Deco-inspired Pratt & Larson full tile bath; the primary bedroom has a huge rooftop deck on top of the turret, with a beautiful view. The finished top level provides home office, media, game, & casual relaxation space, with zoned heating and an A/C for ideal comfort. On the sleek, spacious lower level you'll find a wine cellar, storage, laundry, a bath with dog wash/gardener shower, & a full 1 BR/1BA apartment with its own entrance. The 14,900 SF lot provides gardening spaces as well as an extensive patio to enjoy the magisterial presence of the castle-like west side of the home. Shopping and dining are nearby in Woodstock and Sellwood/Moreland; you're also blocks from Eastmoreland Golf Course, Reed College, and MAX Orange Line.Located on a coveted street in SE Portland's premier destination neighborhood, this is more than a house: it's an experience. [Home Energy Score = 1. HES Report at https://rpt.greenbuildingregistry.com/hes/OR10237189]

$2,769,900 - Portland, OR

1204 Se Center St Portland, OR - Nestled in one of Southeast Portland’s most sought-after pockets, this brand new 7-unit building offers the ideal blend of location, lifestyle, and rental potential. Perfectly positioned between the dynamic neighborhoods of Sellwood, Clinton, and Hawthorne, it places your future tenants just minutes from local cafés, artisan shops, groceries, parks, and some of the city's most iconic dining destinations. With a high BikeScore and strong access to transit, this walkable, bike-friendly location is built for easy, connected living — and reliable occupancy. Each unit is thoughtfully designed to elevate the tenant experience and reduce long-term maintenance for owners. Step inside and discover open-concept floor plans that maximize space and natural light, with large windows, stylish flooring, and smart layouts that support both everyday comfort and entertaining. Kitchens feature soft, custom cabinetry, open shelving, sleek tilework, and stainless steel appliances — a polished, contemporary look renters are actively seeking in today’s market. Upstairs, the sizable bedrooms are bright and peaceful, enhanced by soaring ceilings, ambient lighting, and their own bathrooms. All units include private, fenced outdoor spaces — a rare luxury in multifamily new construction that creates an extension of the living space. From the quality of craftsmanship to the functionality of design, this building delivers a turnkey, low-maintenance investment opportunity backed by the assurance of a 1-year builder warranty. With its fantastic location and enduring tenant appeal this is a standout addition to any portfolio.

$2,529,900 - Portland, OR

4069 Se Milwaukie Ave Portland, OR - Nestled in a sought-after neighborhood, this stunning 6-plex offers an unparalleled opportunity to invest in both exceptional design and a prime location. With a desirable unit mix, including two 3-bed/3-bath units (1,205 sqft), two 3-bed/2.1-bath units (1,275 sqft), and two 2-bed/2.1-bath units, this property is tailored to meet the needs of today’s discerning renters and investors alike. Each unit boasts an open-concept floor plan flooded with natural light, courtesy of soaring ceilings and expansive windows that create an airy and inviting atmosphere. High-end finishes elevate the design throughout, with custom kitchens featuring sleek modern cabinetry, gleaming quartz countertops, tile backsplashes, and stainless steel appliances. In addition to luxurious interiors, every unit includes a private, fenced yard space with a patio. With a Bike Score of 94, this property is ideally located in the heart of one the Brooklyn neighborhood. Residents will appreciate being just blocks away from trendy restaurants, cafes, boutiques, and vibrant cultural hotspots. For investors, this property offers peace of mind with a 1-year builder warranty from a reputable local builder, ensuring quality and durability. Whether you're looking to bolster your investment portfolio or secure a prime multifamily asset, this 6-plex is an opportunity not to be missed.

$2,375,000 - Portland, OR

3112 Se 36Th Ave Portland, OR - The Atrium House is a rare architectural gem in the heart of the Richmond neighborhood, just blocks off trendy Division Street. This infill project by Capsule Development brings custom-quality design to the Eastside—where creativity, craftsmanship, and nature meet. This modern masterpiece features soaring ceilings, heated concrete floors, and a stunning three-story atrium. Anchoring the living space is a steel staircase, fabricated locally in Portland, spanning all three levels. The lower level boasts a cedar sauna paired with a custom steel cold plunge and shower, creating a private wellness retreat. Lush, curated greenery surrounds the space, enhancing the sense of calm and relaxation. On the main floor, the chef’s kitchen is equipped with high-end, built-in appliances from Bertazzoni and Fisher & Paykel. Throughout the home, solid oak custom cabinetry offers enduring beauty and a refined, timeless aesthetic. Luxury materials like Maori Brazilian granite slabs elevate the kitchen and baths. Just off the dining room, sliding doors open to the back patio for seamless entertaining. In the living room, a RAIS rotating wood stove serves as both a cozy heat source and a striking sculptural centerpiece. Upstairs, you’ll find all three bedrooms, a dedicated laundry area, and a guest bath. Each bedroom features its own balcony—perfect for enjoying fresh morning air or a relaxing evening breeze. Floor-to-ceiling windows flood the space with natural light, enhancing the open, airy feel throughout. Out front, rolling shutters add a dramatic architectural touch while offering both privacy and adjustable light control. A truly one-of-a-kind property that celebrates thoughtful design and modern living in one of Portland’s most sought-after neighborhoods. [Home Energy Score = 8. HES Report at https://rpt.greenbuildingregistry.com/hes/OR10191104]

$2,349,950 - Portland, OR

2720 Se Steele St Portland, OR - Prime Investment Opportunity – Modern 7-Unit Walk-Up in the Reed NeighborhoodIntroducing a rare chance to own a newly constructed (2020) 7-unit apartment building in the highly desirable Reed neighborhood, just steps from Reed College. This turnkey asset combines contemporary design, a prime location, and strong financial performance, making it an ideal addition to any investor’s portfolio. Built in 2020, the property features energy-efficient systems, premium finishes, and low-maintenance construction, ensuring long-term durability and designed to offer spacious layouts . Situated within walking distance of Reed College and public transportation, the property benefits from consistent tenant demand and competitive rental income. With high occupancy rates this asset provides immediate cash flow and stable returns.Don’t miss this opportunity to secure a high-performing, low-maintenance property in one of the city’s most coveted neighborhoods.

$2,239,900 - Portland, OR

1656 Se Umatilla St Portland, OR - Unique investment opportunity in the heart of Sellwood-Moreland! Five beautifully designed 2-bedroom, 2.1-bathroom units, offering modern style and unbeatable convenience in one of Portland’s most sought-after neighborhoods. Located just steps away from the Willamette River, charming cafes, trendy restaurants, and vibrant shops along SE Milwaukie. Outdoor adventures, and close to Oaks Park, Sellwood Riverfront Park, and Westmoreland Park—perfect for exploring, relaxing, and making the most of this incredible neighborhood. Step inside, and you’ll immediately notice the open-concept layouts, where natural light pours in through expansive windows and soaring ceilings. The gourmet kitchens are true centerpieces, featuring sleek stainless steel appliances, custom cabinetry, and stylish tile work—perfect for entertaining or just enjoying a quiet night in. Spacious living areas create the ideal atmosphere for gathering, and relaxing. Upstairs are luxurious primary suites offers serene retreats, with additional bedrooms and well-appointed bathrooms provide plenty of space and privacy. Each unit has private, fenced yards—a rare find! Constructed by a reputable, local builder, this development comes with a 1-year builder warranty, so you can settle in with confidence that your investment is secure.

$2,000,000 - Portland, OR

5136 Se 17Th Ave Portland, OR - Amazing location for this 10 unit investment property! The building features 6 two bedroom units along with 4 one bedroom units. Units have been updated and include new cabinets, quartz countertops, tile and vinyl/laminate flooring, and paint on both the interior and exterior. Steady income producing property in an area which makes filling any vacancies effortless. Seller to do 1031 exchange at no cost to buyer.

$1,750,000 - Portland, OR

3028 Se Crystal Springs Blvd Portland, OR - Set in the idyllic Eastmoreland neighborhood, this stunning English Tudor Revival estate is a rare opportunity to own an iconic piece of Portland’s history. Discover this urban sanctuary with lush mature landscaping on a generous .65 acre lot adjacent to the historic Eastmoreland Golf Course. Enter the stately foyer, where soaring ceilings and refined architectural details evoke an immediate sense of grandeur and timeless sophistication. Features include intricate stained glass, built-ins, leaded glass windows, vintage tiled bathrooms, original hardwood floors, and exquisite craftsmanship throughout. The grand living room, fit for dignitaries, impresses with its refined, spacious elegance. A formal dining room, reminiscent of a bygone era, is perfect for entertaining, while the large study, adorned with classic mahogony paneling, offers a distinguished workspace. The sunroom seamlessly connects to the backyard, inviting natural light and integrating indoor comfort with outdoor beauty.The grand staircase leads to the upper level, featuring lofty ceilings, four bedrooms, two bathrooms, two fireplaces, and two sundecks. The spacious primary bedroom with gorgeous views of the surrounding greenery is a splendid sanctuary from the bustle of life. With its brick façade, majestic staircase, and stately presence, this home is a rare blend of history and elegance, waiting to be rediscovered.All measurements are approximate, buyers to do their own due diligence. [Home Energy Score = 1. HES Report at https://rpt.greenbuildingregistry.com/hes/OR10236834]

$1,600,000 - Portland, OR

6901 Se Oaks Park Way Portland, OR - Stunning floating home in historic Oregon Yacht Club. First time on market in 27 years! Concrete float by Ken Larson rated #4. 3 spacious light filled bedrooms with views to the river, city and Oaks Park beach, 3 bathrooms (one is on main floor). Large utility laundry room with plenty of storage, a shower (think dog washing and /or guests) and separate exterior entry to save your main entrance during the inclement weather we enjoy in Oregon. Primary bedroom is large & filled with light. Enjoy a gas fireplace, two walk in closets with organizers, an en suite bathroom which boasts a jetted soaking tub with fantastic views, separate shower, private commode room with bidet and built in towel storage shelves. This home is constructed on a concrete float (originally built by Ken Larson, an well respected name for river dwellings). The float is rated #4 and eligible for the longest term fiancing offered which is 30 years. The property includes a swim float on the reverse side of Main Dock. The price includes one share of stock in OYC.

Zip codes 97202 listings for sale

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