97215 Real Estate Search

97215 Homes between $1,000,000 and $1,500,000 for Sale

The real estate market around the 97215 area showcases an array of exceptional homes that appeal to diverse buyers seeking quality and character. This region, known for its vibrant community and beautiful landscapes, offers properties that combine modern amenities with charming architectural features. Potential homeowners can find spacious layouts, landscaped gardens, and proximity to local parks and schools, making it an attractive option for families and professionals alike. Additionally, the neighborhood's convenient access to urban amenities while maintaining a suburban feel further enhances its allure, making it a desirable location for those looking to invest in their dream home.

Our website features the best real estate search for homes between $1,000,000 and $1,500,000 available in 97215 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 97215 Homes between $1,000,000 and $1,500,000 for Sale

$1,150,000
526215412 MLS
Rare six-unit plex in inner Southeast Portland, consisting of three side-by-side duplex buildings on a 15,000 SF lot. Each 2-bed/1-bath garden-style flat is approximately 960 SF and lives larger than typical SE rentals, with in-unit washer/dryers, dishwashers, full appliance packages, and off-street parking including three attached garage spaces plus three paved driveway spaces.For investors, the property is 100% occupied with a long-standing tenant base, professional management, and stabilized income in the Southeast Portland submarket. Current scheduled rents (with increases set for August 2026) and recent financials show strong cash flow and an appraised “Market Value As Is” of $1,150,000 ($192,000 per unit), supported by both income and sales comparison approaches. Zoning R2.5 allows duplex, triplex, fourplex and other multi-dwelling structures, offering long-term flexibility in a dense, walkable neighborhood.For residential or “house-hack” buyers, Carolina offers the chance to live in one spacious 2-bed unit and offset housing costs with steady income from the other five units. Residents enjoy a quiet, tree-lined street near SE Division, SE 50th and SE Hawthorne, with quick access to TriMet, neighborhood cafes, Safeway, Eastport Plaza, and Providence Portland Medical Center—making this both a comfortable place to call home and a durable, income-producing asset in one of Portland’s most desirable close-in eastside locations.

2337 SE 48TH AVE, Portland

$1,249,900
472671851 MLS
Add three brand new residences to your portfolio with this thoughtfully planned Mt. Tabor triplex. The property includes three separately addressed 2 bedroom, 2½ bathroom homes totaling 2,904 sq ft, offering the consistency of new construction in an established Southeast Portland neighborhood. Each residence spans two levels and has its own private entrance and covered porch, giving renters the privacy and separation of a townhome style layout. Open main floors bring together the living and dining areas with an island kitchen, while a half bathroom adds convenience for everyday use. Upstairs, two bedrooms are paired with two full bathrooms, creating a versatile layout that works well for a range of rental arrangements. The 952 sq ft corner residence has a side entrance and additional window exposure, while the other two residences each offer 976 sq ft with matching floor plans. Consistent layouts and finishes across the property can make leasing, maintenance and future turnovers more efficient, while three individual addresses help each residence maintain its own identity. Contemporary architecture, abundant windows and well utilized interiors further strengthen the property's rental appeal. For a long term owner, brand new construction provides the opportunity to establish tenancy from the outset without taking on the immediate repairs, aging systems and renovation planning often associated with older multifamily properties. Glencoe Elementary is directly adjacent, and the property is also near Mt. Tabor Park, New Seasons Market and the many restaurants, shops and services found along Hawthorne, Belmont and Division. Tabor Bread, The Sapphire Hotel, Apizza Scholls and the Bagdad Theater are among the nearby destinations. With three cohesive residences, practical floor plans and a desirable Mt. Tabor location, this is a well positioned buy and hold asset built for lasting rental appeal.

5135 SE MORRISON ST, Portland

$1,050,000
5 Beds 4 Baths 509121278 MLS
Situated at the quiet base of Mt. Tabor, this property perfectly balances everyday functional space with an upscale, curated aesthetic. It has a generous floor plan that offers three primary bedrooms, each with an en-suite bathroom and spacious walk-in closet. Room to breathe without sacrificing style or location. PNW vibes with the brand-new exterior and interior paint, and new vanity light fixtures!THE MAIN HOME: A bright, 4BR/3.5BA haven featuring clean lines and a serene, light-filled palette. The premium kitchen boasts granite counters and stainless-steel appliances, flowing seamlessly to the open-concept living/dining with an east-facing balcony. Upstairs, the smart layout offers plenty of space for kids' rooms, a dedicated fitness area, a quiet nursery, or home office. The balcony and windows on the front of the house offer peaceful tree-lined views of Mt. Tabor Park. THE ADU / FLEX SPACE: Located on the ground-floor, this fully permitted 1BR/1BA secondary suite offers complete flexibility. It has a full kitchen with granite countertops and stainless-steel appliances, in-unit laundry, spacious bedroom that accommodates a king-sized bed, a mini-split for comfort, private backyard access, and separate electric meter. It is an ideal set up for an independent in-law suite, a private space when extended family visits, or an executive home office. Located steps from the park’s iconic trails, and under a mile to the shops and eateries along Division and Hawthorne, it’s a peaceful retreat with access to the city’s amenities.

2213 SE 60TH AVE, 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.