97206 Real Estate Search

97206 Homes between $3,000,000 and $4,000,000 for Sale

The real estate market around the 97206 area showcases a selection of exquisite homes that cater to luxury living. This vibrant neighborhood features properties with stunning architectural designs and expansive layouts, ideal for families and individuals seeking both comfort and sophistication. Residents enjoy proximity to upscale amenities, lush green spaces, and a strong sense of community, making it a desirable place to call home. With an array of upscale features such as gourmet kitchens, spacious outdoor areas, and modern finishes, the homes in this price range offer a blend of style and functionality, appealing to buyers looking for high-end living in a bustling city environment.

Our website features the best real estate search for homes between $3,000,000 and $4,000,000 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 $3,000,000 and $4,000,000 for Sale

$3,519,900
319163089 MLS
New construction 10 home detached cottage portfolio in Brentwood Darlington, offering rare scale, efficient unit design, and strong tenant appeal in a convenient Southeast Portland location. The offering includes ten detached cottages, each with 2 bedrooms and 2.1 bathrooms. Crafted by a local family builder with roots in finish carpentry, each home reflects enduring craftsmanship, forward thinking design, and a commitment to strengthening Portland’s neighborhoods. Built better from the finish up. Interiors feature solid surface countertops, peninsula islands with eat bars, practical storage, and tasteful coffered bedroom ceilings. Each cottage includes a refrigerator, washer and dryer, and window coverings, helping ease the move in process and support a clean leasing opportunity from day one. Mini-split heating and cooling on the main level and in each bedroom provides efficient year round comfort throughout every key living space. Two cottages offer 899 square feet and eight offer 978 square feet, creating a consistent unit mix for investors. Private entries, detached construction, efficient two level layouts, patio spaces, and low maintenance outdoor areas enhance tenant appeal. Projected pro forma cap rate of 5.89% at stabilization. Buyer to perform all due diligence regarding projected rental cash flow. Brentwood Park, Brentwood Community Garden, Mt. Scott Community Center, Woodstock New Seasons, Foster area dining, neighborhood coffee, parks, errands, and bike routes are all within easy reach. Nearby Woodstock favorites add further convenience and help the homes live larger than their footprints. A rare opportunity to acquire ten new construction detached cottages with uniform layouts, modern systems, and a location positioned for consistent long-term rental demand.

7033 SE 60th AVE, Portland
$3,379,900
259374040 MLS
Ideally located just 2.5–3 miles from the vibrant restaurants, cafés, bars, and neighborhood retail of SE Woodstock Blvd, this offering includes all eight homes within the newly constructed community, presenting a rare opportunity to acquire an entire small scale rental development in Southeast Portland. Designed and developed by a multi year Street of Dreams builder and Builder of the Year award winner by the Home Building Association, the offering reflects thoughtful planning, efficient layouts, and durable construction suited for long term ownership and reduced maintenance exposure. The community consists of four three bedroom homes and four two bedroom homes, each offering two and a half bathrooms and well designed two story floor plans that maximize functionality and tenant livability. Main levels feature spacious open concept great rooms with seamless flow between living, dining, and kitchen areas, creating flexible layouts that appeal to a broad tenant base. Gourmet kitchens offer generous solid surface countertop space, stainless steel appliances, ample cabinetry, and large islands with eat bar seating, plus a convenient main level half bath. Upper levels include primary suites with ensuite baths, dedicated hall baths for secondary bedrooms, and upstairs laundry positioned between bedrooms. Homes include private outdoor spaces, with the rear homes offering larger yard areas that add outdoor flexibility and rental appeal. Energy efficient ductless heat pump systems provide year round comfort and efficiency. Daily conveniences line nearby SE 82nd Avenue within roughly half a mile, and Lents Park, approximately 1.1 miles away, offers expansive greenspace, walking paths, and sports facilities supporting tenant retention. Pro forma financials indicate an estimated 5.39% cap rate, positioning this asset as a balanced investment opportunity combining stable yield potential with long term appreciation in a consistently desirable Southeast Portland corridor.

7468 SE Tolman ST, 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.