97236 Real Estate Search

97236 Multi-Family Homes for Sale

The 97236 area, which encompasses parts of Portland, Oregon, presents a variety of opportunities for investors and homebuyers interested in multi-family homes for sale. This neighborhood boasts a mix of urban conveniences and suburban charm, making it an attractive option for those looking to capitalize on rental markets or seek a residence with the potential for rental income. The region features a range of properties, from well-maintained duplexes to larger apartment complexes, all situated close to essential amenities such as schools, parks, shopping centers, and public transportation. With a growing demand for housing in the Portland metro area, multi-family homes in 97236 offer an excellent opportunity for long-term investment and community living.

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Newest 97236 Multi-Family Homes for Sale

6419 SE 137TH AVE, Portland
$474,500
4 Beds ⋅ 2 Baths ⋅ 649781192 MLS
Welcome to 6419 SE 137th Ave, where fresh design, modern comfort, and the best of Portland living come together! This beautifully updated 4-bedroom, 2-bathroom home delivers the perfect blend of style, functionality, and location. Step inside to discover refreshed interiors, contemporary finishes, and inviting living spaces designed for both entertaining and everyday comfort. The updated kitchen creates a welcoming centerpiece for everything from morning coffee to memorable gatherings, while two beautifully refreshed bathrooms add a touch of modern sophistication. Four versatile bedrooms provide plenty of possibilities for a home office, guest retreat, creative studio, or whatever life calls for next!Adventure, entertainment, and convenience are all within reach. Start your morning exploring the scenic trails and panoramic views of Powell Butte Nature Park, escape into the lush beauty of Leach Botanical Garden, or hop onto the Springwater Corridor for a weekend bike ride. Enjoy easy access to the vibrant dining, coffee shops, and local favorites throughout SE Portland.Commuting or exploring? Convenient connections to I-205 make it easy to head toward downtown Portland, Portland International Airport, and the Columbia River Gorge. From catching a Trail Blazers game at the Moda Center to enjoying Portland's celebrated food scene, your next adventure is never far away!Whether you're entertaining, unwinding, or exploring the Pacific Northwest, this move in ready home offers a lifestyle as exciting as its location.Freshly updated. Ideally located. Ready for what's next!

6419 SE 137TH AVE, Portland

2546 SE 176TH PL, Portland
$399,000
3 Beds ⋅ 1 Baths ⋅ 308173658 MLS
Charming one-level ranch with thoughtful updates, a spacious backyard, and incredible potential! Step inside to an inviting living area featuring new flooring that flows into a comfortable dining space and updated kitchen. The kitchen features stainless steel appliances, countertops and sink updated in 2023, and a newly installed backsplash that adds a fresh, modern touch. The primary bedroom offers new flooring, while two additional bedrooms provide comfortable and versatile living space. The bathroom also features a newly installed backsplash at the vanity, adding another stylish update to the home.Major improvements include vinyl windows and PEX plumbing completed in 2022, along with a new tankless water heater installed in 2024.Outside is where this property really shines! The expansive backyard offers endless possibilities with plenty of room for entertaining, gardening, play, pets, or creating your own private outdoor retreat. A backyard deck offers a welcoming spot to relax, enjoy the outdoors, or unwind at the end of the day. The detached workshop features electricity and offers tremendous flexibility for hobbies, projects, a creative workspace, or additional storage. The long driveway provides ample off-street parking and convenient backyard access, with potential space for RV or boat parking.With many big-ticket improvements already completed, this home presents an exciting opportunity for buyers looking to add their personal touches and build equity. While some cosmetic updates and TLC are still needed, the space, functionality, and potential make this property one you won't want to miss! Conveniently located near shopping, dining, public transportation, and everyday amenities. Bring your vision and make this home your own!

2546 SE 176TH PL, Portland

3035 SE 140TH AVE, Portland
$284,900
4 Beds ⋅ 1 Baths ⋅ 264308701 MLS
Nestled at the end of a long private drive & hidden beneath a canopy of mature trees, this contemporary fixer offers a rare blend of privacy & opportunity on nearly half an acre in the Powellhurst-Gilbert neighborhood. If you've ever dreamed of creating your own wooded retreat, this is your chance to bring that vision to life. Surrounded by towering trees, birdsong and frequent wildlife visitors, the setting feels worlds away from the hustle of everyday life, while remaining conveniently close to parks, shopping, dining, transit & major commuter routes. The home's thoughtfully expanded layout offers surprising flexibility, with shared living spaces gathered at the heart of the home and bedroom/bathroom areas positioned on opposite sides. This creates comfortable separation for multi-generational living, guests, or potential rental possibilities. Generous room sizes and an efficient kitchen with cedar lined ceiling provide space for everyone. Upstairs, an unfinished vaulted primary suite awaits your finishing touches and features a slider to a private deck nestled among the trees. An additional bedroom, bonus room, open loft area & half bath prepped for a future shower addition create a palette for customization. Semi-finished basement offers workshop & generous storage. The expansive wooded grounds invite endless daydreams. Create gardens, winding pathways, outdoor entertaining spaces or simply enjoy the tranquility of your own private urban forest. Whether you're an investor seeking your next project, a visionary looking to build equity thru renovation, or a buyer searching for a unique property with future potential, this home offers a canvas limited only by imagination. Just moments away, Powell Butte Nature Park provides miles of scenic trails, sweeping mountain views & endless opportunities for hiking, biking & connecting with nature. Combining privacy, flexibility, and a serene natural setting, this whimsical property is ready for its next steward.

3035 SE 140TH AVE, Portland

8056 SE 141ST AVE, Portland
$750,000
4 Beds ⋅ 2 Baths ⋅ 548631631 MLS
Coming home to Eastridge feels like a small reward at the end of every day. Tucked into an established neighborhood with city views and Eastridge Park just a block away, this two-story traditional is made for easy mornings, full evenings, and everything in between. A gracious entry and staircase set a warm first impression, opening to light-filled rooms that feel comfortable, connected.Large windows frame the outdoors and fill the home with natural light, while the flowing floor plan lets everyone find their own space or come together. Curl up with a book in the living room, gather by the fireplace in the family room on chilly nights, or linger around the table after dinner. The spacious kitchen keeps the day moving, with abundant cabinetry, generous counter space, and room for quick breakfasts, homework help, or catching up while the pasta boils. Slide open the glass doors and step onto the Trex deck, where city views set the scene for morning coffee, summer BBQs, and evenings watching the lights come on across town. A main-floor powder room and utility room keep daily routines running smoothlyUpstairs, four generously sized bedrooms give you the flexibility for guest rooms, a home office, or as a hobby space. The spacious primary suite is your private escape at the end of the day, with a dreamy walk-in closet and a bath that steals the show: sink into the jetted soaking tub and take in the views. Double sinks, a separate shower, and plenty of elbow room mean busy mornings stay calm. Three additional bedrooms and a second full bath complete the upper level.The lush, fenced backyard invites gardening and room to play, and the two-car garage offers abundant storage and space for workshop projects, bikes, and gear.Step out the door for a stroll to Eastridge Park, spend an afternoon wandering the trails at nearby Leach Botanical Garden, or head to Clackamas Town Center for shopping and dinner out. With I-205 close by, the rest of the city is easy to reach. [Home Energy Score = 8. HES Report at https://rpt.greenbuildingregistry.com/hes/OR10252846]

8056 SE 141ST AVE, Portland

8040 SE 145TH CT, Portland
$959,900
5 Beds ⋅ 3 Baths ⋅ 112097341 MLS
Spacious new construction is taking shape in Southeast Portland's Pleasant Valley neighborhood, where I offer more than 3,200 square feet of thoughtfully designed living in Tasso Heights. Built by a multi year Street of Dreams builder and Builder of the Year award winner by the Home Building Association, I combine modern style, flexible living spaces and a one year builder warranty for added peace of mind. Currently under construction and offered as a presale, my five bedroom, three and a half bathroom layout is thoughtfully arranged across two levels, with a main floor primary suite ideal for those seeking to minimize stairs. My open great room with a fireplace connects to the dining area and spacious kitchen, complete with a generous island, walk-in pantry and room to gather. A covered deck extends the living space outdoors, while a mudroom adds convenience off my attached three car garage. My private main floor primary suite features an ensuite bathroom with a walk-in shower, soaking tub, double sinks and walk-in closet. A dedicated office near the entry can serve as a fifth bedroom, guest room or flexible space for work and hobbies. Downstairs, three additional bedrooms, two full bathrooms and a second living room create welcome separation for guests, recreation or relaxing. Every designated bedroom offers a walk-in closet, while lower level laundry and extra storage make everyday living easier. My highly sought after three car garage provides room for vehicles, outdoor gear and hobbies, a standout amenity in new construction. Near Powell Butte Nature Park, neighborhood parks and the conveniences of Pleasant Valley and Gresham, I pair room to spread out with easy access to recreation, shopping and dining. Secure your place in Tasso Heights while construction is underway and imagine the possibilities ahead. Sample photos are from a completed home with the same floor plan; actual finishes, features and surroundings may vary.

8040 SE 145TH CT, Portland

14439 SE CRYSTAL ST, Portland
$769,000
5 Beds ⋅ 4 Baths ⋅ 359930245 MLS
Mt. Hood views, a quiet cul-de-sac and over 4,000 square feet of room to spread out, right on the Portland/Happy Valley border. This 5-bed 4-bath home really is the complete package: beautifully updated, full of character, incredibly livable and flexible enough to work for just about any stage of life. Custom finishes, including crown molding, ceiling medallions, lighting, built-ins, a window seat, and massive solid walnut barn doors in the office give the home the kind of character you don't come by often. The main level lives large with an oversized office, formal dining with mountain views, and living room kitchen combo, complete with a butler’s pantry. Upstairs are four bedrooms anchored by a second living area that is the perfect play area or lounge. The primary bathroom was remodeled in 2024 and the upstairs guest bathroom followed in 2025. The backyard has received just as much attention. French doors lead from the kitchen out to a deck and a manicured outdoor space designed to actually be used, with extensive pavers, a lawn, mature trees and outdoor lighting. Downstairs, you'll find a bedroom, full bathroom, kitchenette with a wine fridge and living area, creating additional living quarters for guests or multigenerational living. The roof was replaced in 2020, the furnace and A/C are new as of 2024, the solar panels are fully paid off, and there's an EV charger. The big projects, the bathrooms, the finishes and the backyard have all been taken care of; the next owner gets to move in and enjoy them. The location is the final piece: a Portland address just minutes from Happy Valley shopping, dining, parks and everyday amenities. More space, more flexibility and easy access to everything Happy Valley has to offer, without the Happy Valley price tag. [Home Energy Score = 4. HES Report at https://rpt.greenbuildingregistry.com/hes/OR10182686]

14439 SE CRYSTAL ST, Portland

15524 SE BELMORE HTS, Portland
$589,000
4 Beds ⋅ 2 Baths ⋅ 583681429 MLS
Welcome to your private retreat in the heart of the city! Tucked away on a quiet and peaceful dead-end street, this well-maintained 4 bedroom, 2 1/2 bath home offers the rare combination of tranquility, plenty of space, and quick access to all that Portland has to offer. This lovely home features lofty vaulted ceilings, incredible natural light, a modern kitchen, and a dedicated home office with French doors. The main level has been outfitted with new luxury vinyl plank flooring and the upstairs has brand new carpet throughout for comfort and peace of mind. The spacious primary bedroom includes a large walk-in closet and ensuite bathroom with a separate soaking tub and stall shower, while the other 3 generously-sized upstairs bedrooms have extra large closets and plenty of light. With a two story garage for ample storage that includes a new EV charger and garage bike lift, plus a bonus tuck under storage space on the east side of the home, there is plenty of room for all of your toys and hobbies. Outdoors, you will find a true sanctuary. Backing directly to greenspace, you can enjoy peaceful natural views from your deck and patio, or while you harvest vegetables from the productive garden beds. Or relax on the covered front porch complete with heater to watch the world go by. New roof in 2020, new water heater in 2022, new LVP flooring, new carpet, Ring Camera, and Nest Thermostat. Moments away from Clatsop Butte Park Trail for bird-watching or taking the pup out, you won't find a more perfect fit for a peaceful retreat in the heart of the city!Sellers open to contributing to a rate buy-down with acceptable offer! [Home Energy Score = 6. HES Report at https://rpt.greenbuildingregistry.com/hes/OR10136918]

15524 SE BELMORE HTS, Portland

7216 SE 154TH AVE, Portland
$678,000
4 Beds ⋅ 2 Baths ⋅ 680933152 MLS
Turnkey Pleasant Valley Living with Exceptional Flexibility! Beautifully upgraded and move-in ready, this impressive home offers approximately 2,714 sq ft of thoughtfully designed living space on a desirable corner lot. Soaring vaulted ceilings, abundant natural light, a gas fireplace, hardwood floors, and quality finishes create a warm and sophisticated atmosphere. The spacious kitchen features granite countertops, stainless steel appliances, rich cabinetry, a generous island with breakfast bar, and an open connection to the dining and living areas. The private primary suite offers a walk-in closet and luxurious five-piece ensuite with updated shower and bath space. Additional bedrooms provide flexibility for family, guests, home office, or hobbies. The downstairs space is a standout feature and perfectly suited for multigenerational living, offering privacy and flexibility while keeping everyone comfortably under one roof. It can also serve as an ideal guest retreat, recreation space, home office, or additional living area. Outside, enjoy the covered patio and deck, perfect for relaxing or entertaining, along with beautiful territorial and Mt. Hood views, or relaxing in the Sauna after a long day. The corner-lot setting provides a wonderful sense of space and privacy. All of the upgrades have been completed—simply move in and enjoy! A detailed list of upgrades and improvements is available in the MLS. With generous living spaces, extensive updates, an oversized attached garage, and convenient access to parks, shopping, dining, and major transportation routes, this exceptional home offers the perfect combination of style, comfort, flexibility, and peace of mind. Fully upgraded. Move-in ready. Designed for today and flexible enough for tomorrow. [Home Energy Score = 4. HES Report at https://rpt.greenbuildingregistry.com/hes/OR10095644]

7216 SE 154TH AVE, Portland

12231 SE BUSH ST, Portland
$2,750,000
746285608 MLS
12231 SE Bush Street, The Shire II, presents the opportunity to acquire a 2009 vintage apartment complex in Southeast Portland at the low cost basis of $137,500 per unit, or $138 per square foot. The property is a 20-unit apartment complex built in 2009, offering a uniform unit mix of large 2 Bed / 2 Bath apartments averaging approximately 1,000 square feet. The spacious floor plans, second bathrooms, and on-site parking provide a highly livable tenant experience and help support resident retention. Additionally, each unit includes a deck or patio space, storage, and in-unit washer and dryer. From a physical standpoint, the 2009 construction and copper plumbing materially reduce near-term capital exposure compared to older vintage assets.The asset offers investors a clear and straightforward value-add strategy to achieve over a 8.15% stabilized market cap rate and real value creation. With current rents well below market, natural rent increases and modest utility billbacks can meaningfully improve NOI without heavy CapEx. Located in Southeast Portland, the property benefits from access to nearby commercial corridors, neighborhood amenities, and major transportation routes connecting tenants throughout the eastside and broader Portland metro.The combination of newer construction, desirable unit layouts, practical on-site amenities, extremelyattractive cost basis, and clear value-add upside makes The Shire II a highly compelling Portlandmultifamily offering.

12231 SE BUSH ST, Portland

13025 SE HAROLD ST, Portland
$350,000
3 Beds ⋅ 1 Baths ⋅ 552272686 MLS
Bring your vision and unlock the possibilities in this character-filled Tudor-style home! Offering 3 bedrooms, 1.5 baths and approximately 1,540 sq. ft. on a .16-acre lot, this property is ready for a buyer with ideas and a desire to make it their own. Original charm remains throughout, including hardwood floors, arched doorways, a wood-burning fireplace and distinctive architectural details. The living room features multiple windows and flows into the formal dining room with a bright corner window. The vintage-style kitchen offers extensive cabinetry, great counter space and plenty of opportunity for a fresh new look, while the large utility/laundry room with a sink and exterior entry adds valuable storage and functionality. An 17x12 primary bedroom is conveniently located on the main level, with two additional bedrooms and a bath upstairs. Updated Hardi siding, vinyl windows, forced-air gas furnace and a newer roof provide a great starting point for future improvements. Outside, the .16-acre lot offers mature trees, a fenced yard, covered patio and plenty of room to create inviting outdoor spaces. A detached 2-car garage provides parking, storage or workshop possibilities. Located in Powellhurst-Gilbert, the home is on a bus line and near Gilbert Heights Park, with paved paths, picnic areas and sports fields. Bring your creativity and imagination, this is a chance to restore the charm, update to your taste and build equity along the way! [Home Energy Score = 2. HES Report at https://rpt.greenbuildingregistry.com/hes/OR10183502]

13025 SE HAROLD ST, Portland

2915 SE 133RD AVE, Portland
$399,999
3 Beds ⋅ 2 Baths ⋅ 228913771 MLS
This beautifully updated 1948 home is move-in ready and filled with character, style, and modern conveniences. Tucked back from the street, you’ll love the extra privacy and spacious front yard with plenty of room to relax, play, or garden. Inside, you’ll find two bedrooms, a full bathroom, and laundry on the main level, along with an updated kitchen that opens to the living and dining areas, creating a great space for everyday living and entertaining. Upstairs is the private primary suite with its own full bathroom, plus a versatile bonus room that would make a great home office, playroom, guest room, or potential fourth bedroom. The remodeled kitchen features granite countertops, stainless steel appliances, new range, and new flooring. Both bathrooms have been updated with new tile, flooring, sinks, fixtures, and lighting, giving the home a clean, fresh feel throughout. You’ll also appreciate the big-ticket improvements, including a newer roof, all new windows, new heat pump, new water heater, EV charger, and new laminate flooring, making this home truly move-in ready. Whether you’re buying your first home, looking to downsize, or searching for a great investment property, this home offers a hard-to-find combination of updates, flexible living space, and value—all on a generously sized lot with a setting that feels tucked away from the hustle and bustle. [Home Energy Score = 3. HES Report at https://rpt.greenbuildingregistry.com/hes/OR10193613]

2915 SE 133RD AVE, Portland

6729 SE 162ND AVE, Portland
$2,200,000
504792602 MLS
Unique approximately 5-acre property within Portland city limits offering over 35,000 SF of existing building space, extensive parking, and significant potential for redevelopment or continued commercial/industrial use. Marketed strictly AS-IS, this property provides a rare opportunity for investors, developers, or owner-users looking for substantial land and improvements in an established SE Portland location near Foster Road and SE 162nd Avenue.The property was originally used as a riding area and horse stable and reportedly includes an approximately 22,000 SF outbuilding, arena, horse stalls, barn, and additional structures. Existing improvements reportedly include two to three apartments with updated kitchens, living areas, bedrooms and laundry, along with office space. Natural spring water is also reportedly present on the property.The approximately 5-acre parcel is currently zoned R10 residential, offering potential for future redevelopment subject to buyer due diligence and applicable zoning, land-use, environmental, access, utility, and development requirements. Previous listing information indicated the property could potentially be divided into approximately 25 lots, presenting a potentially significant development opportunity for a qualified buyer. Buyer to independently verify all zoning, building square footage, apartment count, lot division potential, development feasibility, utilities, water source, permits, and all other property information with the appropriate authorities.A rare combination of substantial existing improvements, acreage, parking, and redevelopment potential in SE Portland. Property is being offered AS-IS.

6729 SE 162ND 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.

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