97220 Real Estate Search

97220 Homes between $1,000,000 and $1,500,000 for Sale

The 97220 area presents a vibrant real estate market, ideal for potential buyers seeking homes within a desirable price range. With a diverse selection of properties, residents can find a variety of styles and amenities that suit their lifestyle needs. From modern designs featuring open floor plans and energy-efficient technologies to charming, traditional homes boasting historic touches, there’s something for everyone. The neighborhood is well-connected, offering easy access to urban conveniences, schools, parks, and dining options, making it a perfect location for families and professionals alike. As the community continues to grow, the potential for appreciation makes this area an attractive option for both homeowners and investors.

Our website features the best real estate search for homes between $1,000,000 and $1,500,000 available in 97220 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 97220 Homes between $1,000,000 and $1,500,000 for Sale

$1,495,000
690037845 MLS
Multifamily Residential Development opportunity with RM1 Residential Multi-dwelling zoning. Types of developments include duplex, triplex, fourplex, rowhouses, courtyard housing or small apartment building. See Portland Zoning Jurisdiction for more details on RM1 Zoning. Property Development Profile available upon Request. Current use grandfathered in as commercial "Generic shop/Garage Use". Last tenant was a roofing company

11307 NE GLISAN ST, Portland
$1,175,000
167227253 MLS
Final 8 entitled, ready-to-build lots at Gracelyn Commons — 9033 NE Hoyt St. Package includes 4 detached-home lots plus 2 attached-pair lots, all fully approved — buyer can go straight to permits with no entitlement risk. HOA runs $180/month per lot, covering water, trash, sewer, and shared driveway/courtyard maintenance. Minutes from I-84 and area shopping, with upper-level view potential toward Mt. Hood. Offered at $1,175,000 for all 8 lots — just $146,875 per lot — a clean, turnkey opportunity for a builder or investor.

9033 NE HOYT ST, Portland
$1,250,000
334432355 MLS
Investment opportunity on Portland's revitalizing 82nd Avenue corridor. This freestanding commercial building is fully leased to an established tenant, providing immediate cash flow from day one. Located in the heart of the Madison South neighborhood along one of East Portland's most recognizable commercial corridors, the property benefits from excellent visibility, strong traffic counts, and proximity to major transportation routes, Portland International Airport, and growing neighborhood amenities. Formerly home to Misfits Bar + Lounge, the property has a proven history as a hospitality venue while offering long-term flexibility for investors seeking stable income and future upside. With continued public and private investment transforming the 82nd Avenue corridor, this is an opportunity to acquire an income-producing commercial asset in a market poised for continued growth.

2530 NE 82ND AVE, Portland
$1,199,995
694087806 MLS
Exceptional investment and redevelopment opportunity in Portland's Parkrose Heights neighborhood. This 3,124 SF single-tenant, Class B freestanding retail building, formerly home to the well-known Kings Omelets Restaurant, is a turnkey second-generation restaurant space with existing equipment and infrastructure in place, ideal for an owner-operator looking to hit the ground running. Built in 1967 and situated on a 0.46-acre lot, the property is positioned at the intersection of NE Halsey St and NE 106th Ave, benefiting from dual street access, excellent visibility, and prominent signage on both corridors. With 16 parking spaces, the site is well-equipped to serve high-volume retail or restaurant traffic. Its outstanding regional connectivity includes immediate proximity to I-205 and I-84, easy access to the Gateway Transit Center, and is just minutes from Kaiser Permanente Gateway Medical Office, providing a built-in customer base. Zoned CM2, the property unlocks significant redevelopment potential, permitting a wide range of commercial uses as well as medium-density residential development. With Portland's retail sector outperforming expectations in 2026 and Parkrose Heights emerging as one of northeast Portland's next growth corridors, this is an ideal site for investors and developers looking to get ahead of the curve. Walk Score 78 | Bike Score 76 | Transit Score 63.

10711 NE HALSEY 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
$1,250,000
24494866 MLS
Reduced price! Builder and developer investment alert! Property is in quite an opportunity zone. Value in the land. 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! Tenants in property now. 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. Fenced and gated. Flexible terms.

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.