97220 Real Estate Search

97220 Homes for Sale

Overview of Real Estate in 97220

The 97220 ZIP code, situated in the Portland metropolitan area, encompasses parts of the beautiful community of Parkrose and nearby neighborhoods. Known for its suburban charm, this area boasts a mix of residential homes, commercial properties, and recreational spaces. The real estate market in 97220 has been dynamic over the past few years, reflecting broader trends and demand in the Portland region. Homebuyers are increasingly attracted to the area's affordability compared to the more expensive neighborhoods in downtown Portland, making it an appealing option for families and young professionals alike.

Housing Market Trends

In recent years, the housing market in 97220 has experienced significant growth. Home prices have seen an upward trend, driven by factors such as low interest rates, increased demand for suburban living, and limited inventory. Despite the fluctuations in the economy and housing market, 97220 remains an attractive option for buyers. Properties in this area range from charming single-family homes to modern multi-family units, catering to a diverse range of preferences and budgets.

Neighborhood Features and Amenities

The neighborhoods within the 97220 ZIP code offer a variety of amenities that enhance the quality of life for residents. Local parks, such as Parkrose Park and Argay Park, provide ample opportunities for outdoor activities, picnics, and community events. Additionally, the area is well-served by schools, shopping centers, and dining options, making it a convenient place to live. The proximity to major transportation routes and public transit ensures that residents have easy access to downtown Portland and other parts of the city, further boosting the allure of this area.

Investment Opportunities

Investors looking at the 97220 real estate market will find numerous opportunities. The ongoing demand for rental properties, fueled by a growing population and job opportunities in Portland, positions this area as a viable option for rental income. Multi-family homes and single-family residences converted into rental units can yield favorable returns. Furthermore, understanding local zoning laws and community development plans can provide additional insights into potential investment strategies, making 97220 an intriguing area for real estate investors.

The Future of Real Estate in 97220

Looking ahead, the real estate landscape in the 97220 area is poised for continued growth and transformation. As the Portland metro area expands, neighborhoods like Parkrose will likely see increased interest from homebuyers and developers. With a focus on sustainable development and community enhancement, local initiatives may introduce more green spaces, improved infrastructure, and upgraded public amenities. As these changes take shape, 97220 could become an even more desirable area to live, work, and invest.

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97220 Homes for Sale

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Newest 97220 Homes for Sale

2610 NE 107TH AVE, Portland
$525,000
5 Beds ⋅ 3 Baths ⋅ 165660726 MLS
A rare opportunity offering exceptional space, flexibility and two distinct living areas on an oversized 0.17-acre lot in Northeast Portland. Thoughtfully arranged for privacy and versatility, this unique property is ideal for multigenerational living, extended family or the opportunity to live in one space while renting the other to help offset the monthly mortgage.The 3 bedroom, 2 bath residence features new carpet, a spacious primary bedroom and an inviting great room with a wet bar. The well-designed layout opens to a private backyard with a patio, creating a comfortable setting for outdoor dining, entertaining or relaxing.The separate 2-bedroom, 1-bath living area offers an updated kitchen and bathroom, luxury vinyl flooring throughout and a multi-zone mini-split system for year-round comfort. A private wood deck extends the living space outdoors and provides another peaceful place to unwind.Beautiful mature landscaping enhances the front yard and complements the home’s welcoming covered porch. Additional features include a newer roof, a storage shed and a small garage offering valuable space for tools, hobbies and seasonal belongings.With approximately 3,237 square feet of total space, including a partially finished basement, this distinctive property combines character, functionality and income producing potential in a convenient Portland location near shopping, restaurants, transit and major commuter routes. Don't let your buyers miss out on this one!

2610 NE 107TH AVE, Portland

9715 NE Glisan ST, Portland
$1,250,000
311933647 MLS
Prime NE PDX Hub location. Builder and developer investment alert! Property is in emerging gateway neighborhood and opportunity zone. Value is in the land and development potential. Convenient access to I-205 and I-84 with close proximity to Gateway mass transit station, bus and light rail stops. RX zone is a high-density multi-dwelling zone that allows the greatest intensity of development scale in the residential zones. The zone is applied within Portland's most intensely urban areas, specifically the Central City and the Gateway Regional Center. Allowed housing development is characterized by large buildings with a very high percentage of building coverage. The major types of new housing development will be mid-rise and high-rise multi-dwelling structures, often with allowed retail, institutional, or other service-oriented uses. Development is intended to be pedestrian oriented, with buildings that contribute to an urban environment with a strong street edge of buildings located close to sidewalks. The Design overlay zone is applied to this zone. Excellent transit score 71. Very walkable score 76, Biker's paradise score 95! Some photos taken prior to tenant living in home. Tenants in property. Do not disturb. HES score 2.https://rpt.greenbuildingregistry.com/hes/OR10200583.pdf Investor hold options. Great rental location for home-based business or project center seeking visibility and accessibility. High traffic area. Fenced and gated. Flexible terms: conventional, cash, contract or trade.

9715 NE Glisan ST, Portland

9715 NE Glisan ST, Portland
$1,250,000
4 Beds ⋅ 2 Baths ⋅ 24096742 MLS
Prime NE PDX Hub location. Builder and developer investment alert! Property is in emerging gateway neighborhood and opportunity zone. Value is in the land and development potential. Convenient access to I-205 and I-84 with close proximity to Gateway mass transit station, bus and light rail stops. RX zone is a high-density multi-dwelling zone that allows the greatest intensity of development scale in the residential zones. The zone is applied within Portland's most intensely urban areas, specifically the Central City and the Gateway Regional Center. Allowed housing development is characterized by large buildings with a very high percentage of building coverage. The major types of new housing development will be mid-rise and high-rise multi-dwelling structures, often with allowed retail, institutional, or other service-oriented uses. Development is intended to be pedestrian oriented, with buildings that contribute to an urban environment with a strong street edge of buildings located close to sidewalks. The Design overlay zone is applied to this zone. Excellent transit score 71. Very walkable score 76, Biker's paradise score 95! Some photos taken prior to tenant living in home. Tenants in property. Do not disturb. HES score 2.https://rpt.greenbuildingregistry.com/hes/OR10200583.pdf Investor hold options. Great rental location for home-based business or project center seeking visibility and accessibility. High traffic area. Fenced and gated. Flexible terms: conventional, cash, contract or trade.

9715 NE Glisan 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.

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