97206 Real Estate Search

97206 Homes between $2,000,000 and $3,000,000 for Sale

The real estate market around the 97206 area presents a diverse selection of impressive homes, catering to those seeking luxurious living spaces. This vibrant neighborhood showcases properties that often highlight modern architectural designs and spacious floor plans, making them ideal for families and individuals who prioritize comfort and style. Many of these homes feature exquisite landscaping, high-end finishes, and premium amenities, including gourmet kitchens, expansive outdoor living areas, and state-of-the-art technology. The community is enriched by its proximity to local parks, dining, and entertainment options, making it an attractive location for those looking to invest in a refined lifestyle. Overall, the 97206 area offers an array of exceptional real estate opportunities for discerning buyers in search of sophistication and elegance.

Our website features the best real estate search for homes between $2,000,000 and $3,000,000 available in 97206 and surrounding areas. It is the only site you will ever need! It is easy-to-use and updated by the official REALTOR®’s database every 15 minutes. 

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Newest 97206 Homes between $2,000,000 and $3,000,000 for Sale

$2,150,000
761305996 MLS
An Exceptional Multifamily Investment In Desirable Mt. Tabor Neighborhood, Where Timeless Location Meets Enduring Value! Perfectly positioned along the vibrant SE Division Street corridor, this exceptional asset offers investors the ideal balance of stable income, enduring demand, and long-term appreciation in one of the city's most desirable urban communities. Situated on a corner lot with great curb appeal, surrounded by Portland's celebrated culinary scene, artisan cafés, boutique shopping, neighborhood parks, and local breweries, residents enjoy an unmatched lifestyle defined by convenience, walk-ability, and neighborhood charm. The property's premier location places Mt. Tabor Park just minutes away while providing effortless access to downtown Portland, public transportation, and major commuter routes, attracting professionals, creatives, and long-term residents seeking an authentic Portland experience. This strong tenant demand has made the neighborhood one of the city's most resilient and sought-after rental markets. Whether expanding an established portfolio or completing a 1031 exchange, this six-plex represents an outstanding opportunity to own a quality multifamily investment in a location where inventory is limited and desirability remains consistently high. Well maintained, new roof in 2026 and no oil tanks confirmed, basement with coin-op laundry and storage. The grounds are well manicured with a beautiful hedge that lines Division providing great curb appeal and added privacy and security for the tenants. Don't miss out on this rare investment opportunity!

5707 SE DIVISION SE ST, Portland
$2,375,000
6 Beds ⋅ 3 Baths ⋅ 624111963 MLS
Built in 1902, and meticulously updated over the years, this Carl Larsson inspired Victorian farmhouse compound in Portland's Woodstock neighborhood, is unlike anything currently on the market. Be inspired by the one level acre of truly gracious grounds and gardens that stop passersby in their tracks!  The property includes the exquisite main house (with proven short term stay history), a fully renovated well-equipped art studio with sleeping porch, full bath and an apartment above,  and the only known remaining original water tower in Portland- truncated and ready for the next vision! Stewarded by the same owners for decades, every detail of this property has been conceived and crafted by hand, from the custom clay tile fireplace surrounds to the hand-laid tilework in every bath, kitchen and art studio. Exquisite hardwood floors, stained glass windows, and gas fireplaces speak to a home where each detail was honored & preserved. The gardens are extraordinary: enjoy just under an acre of curated blooms, rose pergolas, and manicured grounds visible from nearly every room. The main residence flows from a generous living room w/ bay windows & brick fireplace through to the kitchen with high ceilings, and breakfast nook, then into the dining room and butler's pantry with coffee bar. Three bedrooms upstairs include a top-floor attic suite with a hidden story! Beyond the main house, a fully equipped red barn studio sits on the grounds with high beamed ceilings, cement floors with custom inlay, a kitchen, full bath, getting-ready suite, and event hosting potential. The estate home and studio present income potential whether as a short-term rental, a long-term lease, or an established event venue- as proven by the current owner's pottery business days. The only known remaining original water tower in Portland and a tree from the 1905 World's Fair complete the grounds. A true gem!

5006 SE LONG ST, Portland
$2,400,000
733743923 MLS
For sale: 68-unit mini storage facility in Southeast Portland with recent capital improvements and a new 600 SF office completed in January 2025. This well-maintained property features one-story wood-frame buildings with concrete foundations, metal roofs, and concrete floors throughout the units. Larger units offer overhead roll-up doors, while smaller units provide pedestrian-door access. Recent upgrades include a new TPO roof on the northerly building and office addition, new concrete approach and driveway with ADA parking, new rolling gate with ADA pedestrian gate, and a new ADA full bathroom with shower. The office includes mini-split heating and cooling, built-in cabinets, desks and countertops, a kitchen sink with garbage disposal, a dishwasher, a hot water tank, washer/dryer hookups, 3 separate work stations, a reception area, and wired security camera and alarm systems with coaxial and ethernet. An adjacent 10' x 20' storage unit includes cabinets and workbench space for maintenance equipment, tools, and repairs. Fully fenced and gated, this is an excellent opportunity to acquire an upgraded storage facility in a convenient SE Portland location.

5803 SE JOHNSON CREEK BLVD, Portland
$2,100,000
565419556 MLS
Located in Portland's Mt. Scott-Arleta neighborhood, 6112 SE Foster Rd is a notable mid-century commercial structure with a footprint of approximately 7,150 SF consisting of concrete-wall construction. Built in 1948 by Portland-born Pius G. Moore, who debuted it as a modern neighborhood grocery, the property ended its grocery legacy when it was operated as Korean "Pal Do Market". The building's most recent chapter came in 2019 when it was redesigned by Steelhead Architecture and renovated by Lorentz Bruun Construction into a brewpub by Assembly Brewing, where high ceilings with exposed, old-growth wooden beams and earthy tones gave it a rustic Portland pub feel. The renovations featured three walk-in coolers, a commercial kitchen with an approximate 20' class A hood, a full brewery,seismic retrofit, a new roof, 12 parking spaces and a dynamic floor plan capable of serving a single owner/user or multiple tenants/subtenants — all significant assets on a high-visibility corner of two major arterials with combined traffic counts of over $32,000/day. Assembly Brewing operated the location until May 2025, closing after six successful years in business. The property now represents a compelling adaptive reuse opportunity: a solidly built mid-century concrete structure with hard to find on-site parking, prominent corner visibility on one of SE Portland's most active and upcoming commercial corridors, proven versatility across retail, food service and hospitality uses and the kind of authentic industrial bones that today's restaurant and creative tenants actively seek. NOTE: Property can be sold with or without the brewery equipment. Property may be in an opportunity zone. Buyer to verify all

6112 SE FOSTER RD, 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.