97233 Real Estate Search

97233 Homes for Sale

Overview of the Real Estate Market in 97233

The 97233 zip code, located in the southeastern region of Portland, Oregon, has experienced a dynamic real estate market over the past few years. With a mix of single-family homes, townhouses, and condos, this area appeals to a variety of buyers, from first-time homebuyers to seasoned investors. The community is known for its diverse population and proximity to urban amenities, making it a desirable location for families and young professionals alike.

Current Trends in Property Prices

As of late 2023, the real estate market in 97233 continues to show upward trends in property prices. The average home price has seen a steady increase, driven by low inventory levels and high demand. Many homes are selling quickly, often above the asking price, as buyers compete for limited options. Factors such as interest rates, economic conditions, and housing supply will continue to play pivotal roles in shaping these trends in the forthcoming months.

Community Amenities and Lifestyle

The appeal of 97233 extends beyond just housing options. The area boasts a plethora of amenities, including parks, schools, and shopping centers that enhance the quality of life for residents. With locations like the Powell Butte Nature Park and the nearby Clackamas Town Center, outdoor enthusiasts and families find plenty of recreational opportunities. The diversity of the neighborhood also brings a rich cultural tapestry, contributing to the overall vibrant community atmosphere.

Investment Opportunities in 97233

For investors, the 97233 area offers a range of lucrative opportunities. The relatively affordable property prices compared to other parts of Portland make it an attractive option for rental properties. With a growing number of people opting to rent due to affordability concerns, the demand for rental units is on the rise. Investors can take advantage of this trend by acquiring multi-family properties or single-family homes to rent out, catering to the needs of an expanding market base.

Future Outlook for 97233 Real Estate

Looking forward, the real estate market in 97233 is expected to remain robust. With ongoing developments in infrastructure and community enhancements, the area is likely to attract more residents and businesses, further driving demand. Additionally, as the city of Portland continues to expand, neighborhoods like 97233 will benefit from increased attention and investment. Potential buyers and investors should keep a close watch on this area, as it promises growth and opportunities in the coming years.

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97233 Homes for Sale

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Newest 97233 Homes for Sale

$413,000
3 Beds 2 Baths 307842614 MLS
Move-in ready and fully updated, this 2007-built 3-bed, 2.5-bath home offers 1,572 square feet of thoughtful living space with a truly staggering list of recent improvements. The open kitchen and great room centers on an eat-in island with newer stainless-steel appliances, warmed by a gas fireplace with a blower replaced in 2022. New LVP flooring runs through the main level, laid in 2025, alongside resurfaced cabinets and fresh interior paint from 2024. A half bath with a dedicated laundry area including a washer and dryer (new in 2024) rounds out the main floor. Upstairs, the primary suite features an en-suite bath with a walk-in shower updated in 2021, plus a walk-in closet. Two additional bedrooms with large closets share a convenient Jack & Jill bathroom. The mechanical bones are just as fresh: brand new gas furnace and AC with a 10-year warranty and yearly service plan included, a 2022 water heater also under 10-year warranty, and a 2022 garage door on the attached 2-car garage, which includes extra storage space. Wall-to-wall carpet was replaced in 2024, as were the refrigerator and dishwasher. Toilets were updated in 2020, and exterior paint was refreshed in 2022. Additional peace of mind comes from an ADT security system, Ring doorbell, and smart thermostat. Durable fiber cement siding wraps the exterior, and the home sits on a private street with driveway parking. With nearly every major system and finish updated in the last five years, this home offers the ease of new construction without the new construction price.

19157 SE ASH ST, Portland

$449,000
3 Beds 1 Baths 122663511 MLS
Lovingly maintained 1957 ranch offers the perfect blend of character, comfort, and possibility.  Inside, you’ll find hardwood floors, a wood-burning fireplace and a well-designed floor plan that lives easily and feels instantly welcoming. Natural light filters through updated windows, warming the living spaces and inviting you to slow down and feel at home. AC to keep you cool during the upcoming hot summer days. A half bath and laundry area off the dining room add extra convenience and livability. A couple updates provide added peace of mind, including new windows and new A/C system installed during time of ownership. Set on an oversized lot, the spacious backyard is a private oasis with its established landscaping and mature plants! Ideal for entertaining, relaxing, gardening, or simply enjoying your own private outdoor retreat —an ideal extension of the home’s livable space. Need a little extra space? The storage shed keeps your tools or outdoor gear tucked away and out of sight. There’s still room to make this home your own while enjoying its move in ready condition. The property also features a wide driveway, offering flexibility to store a small RV or boat—an uncommon feature in this area. Close to Glendoveer Golf Course and Parklane Park where you can enjoy green space, walking paths, and room to unwind outdoors. You’re just minutes from shopping, dining, and everyday conveniences at Mall 205. The location is hard to beat.

731 SE 143RD AVE, Portland

$420,000
3 Beds 2 Baths 443141220 MLS
Open house Saturday July 18th and Sunday July 19th 12 to 2 pm Welcome to this well maintained 3 bedroom, 2 bath home offering 1,314 sq ft of comfortable living and an attached double car garage. Built in 1980 and thoughtfully updated, the house combines practical systems upgrades with flexible outdoor space. Recent mechanical improvements include a new furnace (Dec 2025) and air conditioning (Mar 2025), while other major items were replaced in prior years: water heater (Oct 2018), washer and dryer (Nov 2018), garage door (Nov 2018), and gutters/downspouts (July 2019).The main living area features a carpeted living room adjacent to a dining area and a kitchen with durable vinyl flooring—an efficient layout for everyday living and casual entertaining. The primary bedroom includes an en suite bathroom with shower. Two additional bedrooms share the hallway bathroom. A convenient hall linen closet and a dedicated laundry area help keep the home organized. A wood stove provides cozy ambiance (note: not DEQ approved).Outdoor living is well served with both a back patio and a covered side patio, offering space for dining, gardening, and relaxation. The lot provides potential to develop additional off street parking on the west side to accommodate an RV or boat. The attached double garage adds secure parking and storage.Located in a convenient neighborhood with easy access to shopping, services, schools, and major routes, this home offers lifestyle ease for commuters and families alike. Groceries, dining, and everyday amenities are close by, making errands simple and saving time for what matters most.Ideal for first time buyers, downsizers, or investors, this move in ready home pairs recent HVAC upgrades with solid bones and outdoor flexibility. Don’t miss the opportunity to tour—contact your agent today to schedule a showing.

17036 SE SALMON ST, Portland

$524,950
5 Beds 2 Baths 536921939 MLS
Rare 6-bedroom Gem with Attached ADU!This sprawling and beautifully updated 2,416-square-foot residence stands out as the ultimate retreat for a growing family,multi-generational living,or a savvy buyer looking for an exceptional rental opportunity.Tucked away on a quiet dead-end street,this property offers a peaceful,neighborhood setting overflowing with space and versatility,all while being just minutes from schools,parks,fantastic local resaurants,and easy freeway access.the main level boasts gleaming original hardwoods,a formal dining room,and a cozy wood-burning fireplace in the living room,a gorgeous remodeled kitchen features stainless steel appliances and flows effortlessly into the floor,which includes two bedrooms,a recently renovated main bath with a luxurious soaking tub,and a third room that makes a perfect home office,nursery,or creative space.Downstairs,the fully finished basementmassively expands your living options,offering a warm knotty pine family room,three additional bedrooms,another full bath,and a wonderfully large pantry for extra storage.Adding incredible value and flexibility to the estate is an attached ADU. Accessed through the back yard with its own separate entrance,this charming secondary living space features its own kitchen,living room,and bedroom_making it a dream setup for high-yield rental income or an independent guest suite.The backyard is an absolute entertainer's paradise and your own private oasis.Step outside to a massive covered back patio featuring a custom built-in brick grill that is just waiting for summer barbecues.Right alongside is a sprawling 34x16 inground pool that has been deep cleaned,freshly painted,and professionaly tested weekly for sparkling,worry-free swimming.The beautifully landscaped yard features vibrant perennial flower,raised garden beds for homegrown veggies,and two additional storage sheds.Complete with a brand-new roof(complete tear-down)from June 2025.Turnkey ready.

1107 SE 123RD AVE, Portland

$229,900
2 Beds 1 Baths 305698914 MLS
Reduced Price • Beautifully Staged • Your New Home Awaits! Schedule Your In-Person Tour Today! Come feel at home in this charming 2-bedroom, 1.5-bath townhome-style condo offering 1,014 square feet of comfortable living space! Whether you're a first-time homebuyer, downsizing or an investor seeking a great opportunity, this property delivers exceptional value with no rental cap and only 23 units in this cute complex. The spacious kitchen features abundant counter space, a large pantry closet, a cozy breakfast nook, and all appliances included. Fresh interior paint and new luxury vinyl plank flooring throughout create a clean, modern feel. The versatile entry nook provides the perfect space for a home office or hobby area. Enjoy a welcoming living room and dining area with a slider leading to your own private deck, or relax on the charming covered front porch with your morning coffee or beverage of choice for evening unwinding. Upstairs, you'll find two generously sized bedrooms, each with its own walk-in closet, along with a full bathroom and convenient laundry room complete with washer and dryer. The HOA covers water, sewer, garbage, exterior maintenance, grounds maintenance, small playground and access to a large community room featuring a full kitchen & bathroom perfect for family gatherings, birthdays and other events at no additional fee providing added convenience and value to its owners. Enjoy your own designated parking space #14. Low annual taxes--why rent when you can own & build long term equity. Ideally located with easy access to Kaiser Permanente (next door), I-84, public transit, MAX Blue Line, shopping, dining, and everyday amenities, this move-in-ready affordable home is one you won't want to miss! Call today to schedule your in-person tour & special financing options!

695 SE 197TH AVE, Portland

$1,625,000
211615530 MLS
SE 130th Avenue Apartments is a unique 8-unit multifamily investment opportunity located in Portland’s Mill Park neighborhood of SE Portland. Situated on approximately 0.77 acres, the property offers a low-density residential setting consisting of a diverse mix of duplexes, a triplex, and a freestanding single-family home, creating an attractive alternative to traditional apartment product in the East Portland market.The property includes seven spacious 2-bedroom/1-bath apartment units averaging approximately 950 square feet, along with a separately situated 2,600 square foot 3-bedroom/2-bath single-family residence featuring a full basement and private fenced backyard. The diverse unit mix provides investors with an appealing blend of apartment and residential-style living environments that are increasingly difficult to replicate in today’s development environment.The apartment units feature an attractive amenity package including private enclosed patio areas, in-unit washer/dryer hookups with owner-provided appliances, ductless mini-split heating and air conditioning systems, insulated vinyl windows, and upgraded luxury vinyl plank flooring throughout many of the interiors. The spacious floorplans offer bright living areas with strong natural light and functional layouts designed for comfortable day-to-day living. The combination of larger unit sizes, air conditioning, private outdoor spaces, and in-unit laundry amenities has contributed to strong tenant demand and long-term resident retention.The freestanding home has undergone extensive renovations, including a full interior remodel completed in 2022 featuring updated flooring, refinished hardwood floors, new kitchen appliances, masonry waterproofing improvements, a newer roof installed in 2021, updated gas furnace in 2019, and a new gas fireplace insert.

1401 SE 130TH 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.