97201 Real Estate Search

97201 Homes for Sale

Overview of Real Estate in the 97201 Area

The 97201 zip code, located in the heart of Portland, Oregon, encompasses a vibrant mix of urban living experiences. This area is recognized for its unique blend of historic architecture and modern developments, making it a desirable location for both homebuyers and investors. As a centrally located neighborhood, it offers easy access to downtown Portland and is within walking distance of various amenities, cultural attractions, and public transportation options. With its scenic parks, trendy shops, and diverse dining options, 97201 continues to rank highly among prospective residents seeking a lively urban lifestyle.

Market Trends and Property Values

In recent years, the real estate market in the 97201 area has shown significant growth. Property values have appreciated, driven by a burgeoning population and increased demand for housing near downtown Portland. The area features various property types, including historic condos, modern apartment complexes, and single-family homes, appealing to various buyers from young professionals to families. Despite a competitive market, opportunities remain for savvy investors and first-time buyers, particularly in condominiums and smaller homes that offer potential for renovation and value appreciation.

Investment Opportunities in 97201

Investors looking to capitalize on the Portland real estate market should consider the 97201 area as an excellent opportunity. The neighborhood's continued development and revitalization initiatives have led to increased rental demand, making it an attractive option for those interested in rental properties. Multi-family residential units are particularly popular, given the steady influx of residents seeking rental options in the area. Additionally, with Portland's progressive policies on sustainability and housing, investors can expect long-term growth potential and favorable conditions for real estate development.

Neighborhood Amenities and Community Life

The amenities within 97201 enhance its appeal as a prime location for both residents and potential homeowners. The area boasts a vibrant community life, with lush parks like the South Park Blocks providing green spaces for recreation and relaxation. Residents enjoy easy access to cultural landmarks such as the Portland Art Museum and the Oregon Historical Society. Furthermore, the neighborhood features a variety of dining options, from casual eateries to upscale restaurants, catering to diverse tastes. The local community is known for its friendliness and active participation in neighborhood events, fostering a strong sense of belonging among residents.

Future Developments and Urban Planning

As Portland continues to evolve, urban planning efforts in the 97201 area aim to maintain a balance between growth and community needs. Upcoming developments include new residential projects and infrastructure improvements that will enhance transit options and amenities. Planners prioritize sustainability, with a focus on eco-friendly building practices and green spaces that enrich the urban landscape. These initiatives not only promise to stimulate the local economy but also aim to improve the quality of life for residents, making 97201 an even more attractive place to live and invest for the future.

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97201 Homes for Sale

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Newest 97201 Homes for Sale

$239,900
2 Beds 1 Baths 520308782 MLS
Excellent new lower price! Live among the treetops in this stunning 2 level, 2 bed, 1.5 bath SW Portland condo just minutes from downtown and PSU University District! Enjoy serene privacy with incredible east-facing views of Duniway Park, Marquam Nature Park, OHSU, and the Cascade Mountains from your own covered deck. Main level welcomes you with warm hardwood floors and an inviting open layout that connects kitchen, dining, and living areas. A wood-burning fireplace adds cozy charm, while the slider door to the deck brings in natural light and those breathtaking views. The well-appointed kitchen features slab granite counters, stainless steel appliances, shaker-style cabinets (some with glass fronts), under-cabinet lighting, and a custom tile backsplash. Downstairs, you’ll find two spacious bedrooms, each with wonderful treetop views. The primary bedroom includes built-in bookshelves and an oversized closet, while the second bedroom offers a closet organizer for smart storage. The full bath showcases elegant tile floors, a large soaking tub, brand new door, and the laundry area with washer and dryer adds everyday convenience. Downstairs also has upgraded electric panel & Alexa enabled plugs. This condo community has many recent updates including new siding, roof, windows, exterior paint, deck, railing. A shared storage closet is right outside your door, plus there is 1 assigned covered carport parking space. Perfectly located minutes to OHSU, downtown Portland, I-5, and Hwy 26, this peaceful retreat offers urban convenience with a natural setting. Special assessment has been paid off!

830 SW Broadway DR Unit #8, Portland

$750,000
3 Beds 2 Baths 158227300 MLS
Discover the joys of urban living in this classic family home. Perfect for professionals, families, and outdoor enthusiasts who want both the vibrancy of city living and the tranquility of nature. This charming 3-bedroom, 2-bathroom house offers an open floor plan that seamlessly connects the living room to the kitchen and family room, enhanced with hardwood floors and large windows with a panoramic view of nature, creating a warm and tranquil atmosphere. And two gas fireplaces help make the spaces cozy. A welcoming open kitchen and family room layout is designed for entertaining. The family room extends out onto a deck for grilling and includes a patio area for dining and entertaining or just to enjoy the outdoors. Your furry friends will be safe in the private, fenced yard featuring a special area with artificial turf designed just for them. The kitchen features granite countertops, cherry wood cabinets, a gas range with warming rack, and an abundance of cabinets for storage space. New, plush wall-to-wall carpeting has been installed in both the primary and guest bedroom (office). The home's exterior has a new front stairway leading to the front door and ample guest parking is available with a large driveway. For access to the house without using the front stairs, there is an entry gate in the fence on the south side of the house leading directly to the patio, deck and family room. For peace of mind, a natural gas-powered generator stays with the house in case of particularly stormy weather. Within miles of trails, OHSU, Council Crest park, downtown Portland, the Pearl District, and top medical centers, the location couldn't be more convenient.

2635 SW SHERWOOD PL, Portland

$789,000
374309510 MLS
7.36% CAP RATE | LEGAL TRIPLEX | FULLY REMODELED | EXCEPTIONAL LOCATION | STRONG RENTAL HISTORY A rare opportunity to own a legal triplex in one of Southwest Portland's most desirable locations. Offering an estimated 7.36% capitalization rate, low annual property taxes of $6,214.72, beautifully remodeled units, and an outstanding rental history, this is the type of investment that is difficult to find. The property's updated finishes, separate electrical meters, and strong tenant appeal have consistently resulted in quick leasing and reliable income.Perfectly positioned just 1.8 miles from Historic Council Crest Park—Portland's highest point and one of the city's premier scenic destinations—the property also enjoys close proximity to OHSU, downtown Portland, major employers, shopping, dining, and public transportation. Residents appreciate the peaceful setting with territorial views and abundant wildlife while remaining just minutes from the heart of the city. Each unit has been thoughtfully updated and includes its own washer and dryer, a highly desirable amenity that enhances tenant satisfaction and marketability. Additional improvements include new electrical meters, further enhancing the property's long-term functionality and appeal. For investors seeking stable cash flow, the combination of low operating expenses, quality renovations, excellent tenant demand, and a premier Southwest Portland location creates a compelling investment opportunity. Rare Bonus Opportunity: An adjacent vacant lot is available for purchase either separately or together with the triplex, providing additional flexibility for future expansion, investment, or development potential. Buyers should perform their own due diligence regarding permitted uses and development possibilities.Whether you're expanding an investment portfolio or completing a 1031 exchange, this property offers an outstanding combination of location, quality, and income potential that is seldom available.

1120 SW BROADWAY DR, Portland

$445,000
2 Beds 2 Baths 797318545 MLS
Welcome to your dream condo located in the Grant Tower of the prestigious American Plaza Towers community! Prepare to be mesmerized by the unbelievable views that await you - take in the majestic sights of Mount Hood, the serene Willamette River, the iconic Tillicum Bridge, and the vibrant South Waterfront right from the comfort of your living space. Step inside to discover an open and light-filled floor plan, thoughtfully designed to maximize both space and comfort. Cozy up next to the fireplace in the living room on cooler evenings or enjoy the seamless indoor-outdoor living experience by stepping out to the large view deck accessible from the living room and primary bedroom. The second bedroom is cleverly equipped with a Murphy bed, providing versatility for your needs & guests. The condo also comes with a deed parking space #15 and a generously sized storage unit B-3 #6, ensuring convenience and ample space for your belongings. Investment potential is excellent, as there is no rental cap for the building. With 53 guest parking spaces available, your visitors will always have a place to park comfortably. For added peace of mind, 24/7 concierge and security services are provided. Indulge in an array of amenities within the community, including an outdoor pool, a newly renovated indoor pool, saunas, locker room and meeting rooms equipped with kitchens perfect for hosting gatherings or events. Conveniently located on the Max and bus line, transportation will never be an issue. And for those associated with Oregon Health & Science University (OHSU), you'll be delighted to know that it's just a 5-minute drive. This luxurious condo has an option to be FULLY FURNISHED with outstanding decor, offering a turnkey solution for your new home or investment property, Lease to own is an Option to consider starting Jan 1 2026 $3200 a month

2221 SW 1ST AVE Unit #1524, Portland

$3,915,000
6 Beds 5 Baths 517376493 MLS
Built in 2004, this hidden jewel crowns Portland Heights at the top of the West Hills-rarely visible from the street yet unforgettable once discovered. Originally conceived as a NW estate with modern American ease, the home was thoughtfully redesigned with sleek, South American inspired interiors. Today, it presents as even more remarkable thanks to extensive updates by the current owners, who enhanced nearly every corner. The 6-bedroom, 5.1-bath layout spans nearly 7,000 square feet of elevated living. Multiple verandas, secret gardens, and outdoor fireplaces blur the line between indoor and outdoor life. Interiors are alive with texture-lime-washed walls, custom closets by California Closets, curated lighting, leathered wall finishes, and rich wood ceilings. Expansive entertaining spaces flow to a gourmet kitchen, while highlights include a custom wine cellar, soundproof theater with glitter carpet and projector, and a dedicated gym.Every detail has been addressed: new balcony doors and windows in the primary suite, new outdoor lighting, irrigation upgrades, fresh paint throughout, remote-control curtains, and a whole-house generator (2024). Three fireplaces-two gas and one wood-burning-anchor the gathering spaces, while Sonos sound enriches daily life. The 3-car garage, new security system, and a gated entry reinforce ease and privacy.Minutes from downtown yet worlds away, this home offers serenity, scale, and sophistication. For the next owner, the true luxury is inheriting a home that’s been elevated inside and out. [Home Energy Score = 4. HES Report at https://rpt.greenbuildingregistry.com/hes/OR10192482]

1948 SW TERRACE DR, Portland

$825,000
3 Beds 2 Baths 234975698 MLS
Rare contemporary style in the heart of Portland Heights on one of the most desirable streets. Well designed home to take advantage of the treed views but offering light all year round through the two-story great room style floor plan with walls of windows. The main floor offers an ample-sized living room with gas fireplace, hardwood floors incredible light, access to the deck, and nice views. The combined kitchen and dining room offers room for large gatherings for sit-down dinners or entertaining with French doors out to the large deck. Both formal and informal dining areas. The kitchen offers high end chef’s appliances, custom overhead hood, granite counters, oversized island, and plenty of storage. Ideal floor plan with the primary suite on the main level with walk in closet and updated bathroom with walk-in shower and separate free-standing tub. Upstairs you will find a loft space with full closet - offering the flexibility of being a home office, extra bedroom space, or TV flex room. The lower level has many possibilities with its secondary access, two additional bedrooms with a full bathroom, bonus room with French doors out to a private deck, and a full bathroom. The home offers the potential for in-laws, extended stay guests, or possible ADU. Rare attached two-car garage with additional driveway parking. Rare opportunity in Portland Heights just minutes to downtown and the heart of NW Portland, easy access to the hospitals and freeway, all in the picture perfect neighborhood you’ve been looking for. [Home Energy Score = 8. HES Report at https://rpt.greenbuildingregistry.com/hes/OR10093338]

1450 SW DAVENPORT ST, Portland

$550,000
2 Beds 2 Baths 238710626 MLS
This fabulous executive corner condo has breathtaking, unequaled views from nearly every room, with floor to ceiling windows. Gaze out the windows and feel the pulse of the city. Each bedroom has an en-suite, which also provides plenty of natural light. Bedroom one has two closets. The second bedroom has built-in cabinets. There's also a half bath near the kitchen area which serves as a powder room for your guests! Right off the kitchen, there's an office with built-in cabinetry and pocket doors, providing you privacy when you need it, and of course, a large floor to ceiling window to enjoy that magnificent view. The kitchen boasts a beautiful stainless steel GE Profile gas range and dishwasher, and a Maytag stainless steel refrigerator. The full-size Meile stackable washer and dryer are included. There's a kitchen eating bar which takes advantage of the gorgous granite kitchen counter tops with under cabinet lighting. There are manufactured hardwood floors throughout the condo. Enjoy the TWO spacious decks to sip your morning coffee or your evening glass of wine or champagne! The Benson Tower provides so many amenities, including a hot tub, gym, meeting room and a gorgeous lobby which overlooks the iconic water features as you walk in. There's even a large ground floor outdoor area to host your big barbecues and get togethers. The Benson Tower is located in Portland's Cultural District, with incredibly easy access to Portland State University, the Arlene Schnitzer Concert Hall, the Portland Art Museum, the Portland South Park Blocks, street car, MAX, and right across from The Old C. Concert Hall with numerous music and cultural events. There's amazing dining and shopping, all within a few blocks. There are not one, but TWO deeded parking spaces and TWO storage units included. You will not be disappointed when you see this unbelievable condo with some of the best views of Portland, and all that it has to offer, at this amazing price!

1500 SW 11TH AVE Unit #2404, Portland

$3,595,000
4 Beds 6 Baths 632005909 MLS
Perched high above the city in Portland’s prestigious West Hills, this striking modern masterpiece captures breathtaking 180-degree views that stretch from the snow-capped peak of Mt. Hood to the shimmering towers of downtown. A private gated drive leads to this architecturally bold glass-and-steel residence, where sleek lines and organic materials create an appealing blend of drama and warmth. Inside, soaring ceilings and walls of floor-to-ceiling windows flood the open-concept great room with natural light, framing the city and 4 mountain vistas like ever-changing artwork. Designed for both grand entertaining and quiet retreat, the home features multiple view-facing balconies, a resort-style pool with built-in spa, and an expansive lower level with full bar, glass-enclosed wine cellar, and stadium-style media room. The chef’s kitchen is a showpiece, outfitted with Viking and Sub-Zero appliances, a built-in coffee system, and double islands for effortless hosting. The main-level primary suite offers a luxurious escape with a private fireplace, soaking tub, and spa-like bath, all with unobstructed views. Additional highlights include a richly paneled home office, mirrored home gym, steam room, and a fully lit sport court tucked into the tree-lined grounds. Minutes from downtown and just steps to Portland’s iconic parks and gardens, this is a rare opportunity to own one of the city’s most spectacular view properties—an inspired retreat that elevates every moment.

1551 SW UPPER HALL ST, Portland

$385,000
2 Beds 2 Baths 367012708 MLS
Experience urban living at its finest in this updated condo, situated in the heart of Portland’s vibrant Cultural District. Enjoy breathtaking, year-round views of Mt. Hood from the spacious living room, complete with sliding doors that lead to a generous private balcony and a cozy gas fireplace. This beautifully appointed two-bedroom, two-bathroom unit boasts fresh interior paint, new flooring throughout, and an open-concept layout, highlighted by an expanded and remodeled kitchen featuring custom cabinetry, granite countertops, and a large island. A second set of sliding doors provides access to the balcony from the primary bedroom, offering a seamless indoor-outdoor living experience. Additional perks include a secure, deeded parking space and a designated storage unit. This condo is within walking distance of the Keller Auditorium, OHSU, PSU, and the Waterfront. Convenient access to public transportation—MAX and bus lines border the complex, while the Streetcar is just two blocks away. The property’s amenities elevate your living experience with 24/7 concierge service, an indoor and outdoor pool, exercise rooms, two meeting/party rooms, two locker rooms, three saunas, and 53 guest parking spaces. The HOA covers Comcast cable, internet, sewer, water, garbage, and full access to these incredible amenities. The American Plaza community offers a variety of enriching activities, including book clubs, exercise classes, and discussion groups. The beautifully maintained Plaza Level adds to the charm of this desirable building. The complex is pet-friendly with no rental cap, making it an ideal investment for both residents and renters alike.

2309 SW 1ST AVE Unit #844, Portland

$219,900
1 Beds 1 Baths 24391032 MLS
This light and bright 1-bedroom, 1-bath downtown Portland condo offers a comfortable and convenient city lifestyle with beautiful, serene views of the west hills. Prime location just blocks from Portland State University, the Farmer's Market, Keller Auditorium, Schnitzer Concert Hall and multiple parks and steps away from the street car and bus and Max lines offering an easy commute to all of Portland's neighborhoods, OHSU and the Tram. Floor-to-ceiling windows and a spacious covered balcony in the living area offer a perfect spot to take in the lovely west hills scenery. An onsite community manager ensures seamless living. HOA dues also cover water, sewer, garbage, laundry, fiber optic internet, exterior & grounds maintenance, overnight building security, and meeting room. NO RENTAL CAP (no short term rentals). Amenities include an outdoor pool, sauna, free laundry, and well-kept common areas, all managed by a dedicated HOA and on-site management team. The unit comes with a secure and deeded highly desirable oversized parking spot (P 90) and generous storage space (#70), adding to the convenience. Highly rated public elementary school. Situated within the historic Halprin Landscape District, residents enjoy beautifully designed pedestrian walkways, green spaces, and parks created by a nationally acclaimed landscape architect and firm. This condo is the perfect downtown haven, second home or investment property.

255 SW HARRISON ST Unit #21 C, Portland

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The content relating to real estate for sale on this site comes in part from the IDX program of the RMLS of Portland, Oregon. Real Estate listings held by brokerage firms other than this firm are marked with the RMLS logo, and detailed information about these properties include the name of the listing's broker. Listing content is copyright © 2026 RMLS of Portland, Oregon. All information provided is deemed reliable but is not guaranteed and should be independently verified. This content last updated on . Some properties which appear for sale on this web site may subsequently have sold or may no longer be available.