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.

Our website features the best real estate search for multi-family homes available in 97236 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 97236 Multi-Family Homes for Sale

$275,460
4 Beds ⋅ 2 Baths ⋅ 536923347 MLS
Welcome to this beautifully crafted, newly built townhome in the heart of SE Portland. Offering 4 spacious bedrooms and 2 baths across two well designed floors, this home maximizes natural light through thoughtfully placed windows, creating a bright and inviting atmosphere throughout. With energy-efficient features like a heat pump for both heating and cooling, this home is as eco-friendly as it is comfortable. Enjoy the convenience of brand-new, high-quality appliances including a washer/dryer, refrigerator, range, and dishwasher. Plus, the HOA fee covers water and garbage, making this an even more hassle-free living experience. Take advantage of large grants to make homeownership more affordable! This Proud Ground home offers lasting affordability with resale, owner-occupancy, and other guidelines to maintain value for future buyers. Apply to Proud Ground and receive an invitation before submitting an offer. Buyers must work with a Proud Ground preferred lender. Don’t miss this incredible opportunity!

13425 SE FOSTER RD Unit #40, Portland
$379,900
2 Beds ⋅ 1 Baths ⋅ 167091789 MLS
This property has undergone some recent improvements which greatly improve its appeal and function: First of all, a dining room slider was just installed so backyard is now accessible from the living area of the house (it was only accessible by walking through the garage in the past!). Also, a 10' x 10' deck off of dining room has just been completed; a nice little vacation spot in your own backyard. And finally, the neighboring property behind this home now has bushes along the fenceline, which have greatly increased the sense of privacy in the backyard. And this attractive one-level home offers so many other desirable features: A spacious (16' x 14' approx.) living room; a quartz kitchen with pull-out shelves, 2 lazy Susans and all appliances included (dishwasher is brand new); Luxury Vinyl Plank flooring throughout; two bedrooms with mirrored closets; tub / shower combo in bathroom; zonal heating throughout; air conditioning unit in the dining area; attached garage is an oversized single with approximately 340 square feet, a built-in work area & garage door opener; washer and dryer included; backyard feels large and is fully-fenced with side gate. If you haven't seen this property recently, take a look and you'll agree it's a whole new story. [Home Energy Score = 2. HES Report at https://rpt.greenbuildingregistry.com/hes/OR10243800]

2630 SE 168TH AVE, Portland
$120,000
636766682 MLS
Prime Buildable Lot in Sought-After Pleasant Valley – Backing to Nature, Ready for Your Vision! Discover an exceptional opportunity to build your dream home or investment property in one of Southeast Portland’s fastest-growing residential areas. This spacious, R10-zoned lot sits on a quiet stretch of SE Duke Street and backs directly to the Gilbert Ridge Natural Area, offering serene greenbelt views, privacy, and direct access to nature. Preliminary work has already been done — the seller has engaged with a builder, civil engineer, and the City of Portland, laying the groundwork for permits and site plans. All utilities are available at the street, streamlining the build process for future development. Buyer to conduct their own due diligence and verify details with the city.Located in the heart of the Pleasant Valley neighborhood, this property is minutes from Powell Butte Nature Park, a 600-acre oasis with scenic hiking and biking trails, panoramic mountain views, and old-growth forest. The surrounding area supports new construction homes in the $700,000+ range, making this a high-potential site for custom or speculative building. Whether you're an investor, builder, or homeowner with a vision, this lot is ready to bring your plans to life. Buyers to do their own due diligence*

14745 SE DUKE ST, Portland
$995,000
267233612 MLS
The site consists of two tax lots and is zoned RM1 (ResidentialMulti-Dwelling). Currently, the only improvements on the site is a 1927 four-bedroom/two-bathroom 2,055 SF single family home, that is currently rented for $1,995, with a detached garage. The RM1 zoning allows a 1:1 FAR, or 1:1.5 FAR with bonus provisions, which would allow for up to 61,855- 92,782 SF of residential building area. With Portland looking to eliminate SDC fees for multifamily projects in the near future, the subject property would make an ideal project in a location with solid renter demographics.

162nd Powell, Portland
$1,599,900
5 Beds ⋅ 4 Baths ⋅ 131982527 MLS
Welcome to 5122 SE Jenne Rd, a unique opportunity to own a spacious and versatile property in Portland’s scenic outer SE area. 4 shops make this a great opportunity for the car enthusiast. Set on 7.28 acres of land with Residential Farm zoning, city sewer line on Jenne Rd for future development ( buyer to do their own due diligence) this 4,135 sq ft home offers the perfect balance of privacy, functionality, and potential income.This 5-bedroom, 4-bathroom home features generous living spaces, a well-designed layout, and plenty of room for multi-generational living or entertaining. The attached 2-car garage adds convenience, while the acreage opens the door to endless possibilities—from gardening and hobby farming to livestock ownership, which can help reduce property taxes under current zoning allowances.A standout feature is the separate shop building on the property—ideal for a home-based business, storage, or as a potential rental income opportunity, shop has 240V, water (electrical is metered)Shop size is over 3,000 sqft and lots of parking in the front of it! Whether you're looking for a mini-farm, a private retreat, or just a home with room to grow, this property combines rural charm with city accessibility. Located just minutes from schools, parks, and amenities, yet offering the peace and freedom of country living.Don't miss this rare chance to own a piece of Portland’s agricultural-residential landscape!20 minutes from downtown Portland and the airport, 5 minutes from groceries and food carts.

5122 SE Jenne RD, Portland
$615,000
3 Beds ⋅ 2 Baths ⋅ 729039031 MLS
Welcome to your Portland sanctuary nestled in the trees! This beautifully maintained 3-bedroom, 2.5-bath + den/bonus room home offers the perfect blend of comfort, space, and Northwest charm. Located on a peaceful cul-de-sac 1.4 miles from Happy Valley Park, you'll enjoy privacy, nature, and easy access to trails, parks, and city conveniences.Step inside to soaring ceilings, natural light, and an open layout that invites gatherings and everyday living. The spacious living and dining areas flow effortlessly into the kitchen, featuring stainless steel appliances, ample counter space, and a breakfast nook overlooking the lush backyard.Upstairs, retreat to your spacious primary suite with vaulted ceilings, a walk-in closet, and an ensuite bath with dual vanities. Three additional bedrooms offer flexibility for guests, a home office, or hobbies. The bonus room is perfect as a media room, play space, or second living area.Outside, relax or entertain on the private deck surrounded by mature landscaping and a fully fenced yard—ideal for pets, play, or summer barbecues. Enjoy your morning coffee with views of the trees and evening sunsets that peek through the pines.Additional highlights include central air, a gas fireplace, oversized 2-car garage. Minutes to Powell Butte Nature Park, Springwater Corridor, shopping, dining, and I-205.This is the lifestyle you’ve been looking for—peaceful, practical, and packed with charm. Don’t miss your chance to call this home! Rate reduction options available for qualified buyers. Inquire for more details. https://us.greenbuildingregistry.com/green-homes/OR10238752 [Home Energy Score = 4. HES Report at https://rpt.greenbuildingregistry.com/hes/OR10238752]

13243 SE BUFORD CT, Portland
$629,950
4 Beds ⋅ 2 Baths ⋅ 214481352 MLS
Modern luxury w/ Mt. Hood view in this stunning home in sought-after Hawthorne Meadows! Built just six years ago and impeccably maintained, this home feels like new and showcases premium upgrades throughout. The open-concept main floor features a spacious living area with a cozy gas fireplace, dedicated office, and a chef’s kitchen with granite countertops, stainless steel appliances, extended island with eating bar, and added custom cabinetry in the dining area. Slider leads to the back deck—perfect for outdoor dining or morning coffee in a tranquil setting. Upstairs, the luxurious primary suite offers a spa-like retreat with dual vanities, soaking tub, walk-in shower, and a large walk-in closet. A versatile bonus room provides flex space for a media room, gym, or playroom. Expansive backyard is ready for your personal touch. Conveniently located near Powell Butte Nature Park, schools, dining, and more. This is elegant, turn-key living at its finest. Ask about VA Assumable option with 4.75% interest rate.. [Home Energy Score = 7. HES Report at https://rpt.greenbuildingregistry.com/hes/OR10238298]

15556 SE FLAVEL ST, Portland
$2,000,000
565167286 MLS
Freestanding commercial restaurant building with full equipment and ample on-site parking in a local plaza on SE Powell Blvd, at the borderline of SE Portland and Gresham. About 165 seats in dining & banquet rooms + 65 in bar lounge. Bar area has 6 poker machines, designated covered smoking area. Established 37 years ago with stable clientele. No leased equipment, additional incomes from Juke Box by vendor & ATM owned by sellers in addition to 6 lottery machines. To be shown by appt only.

17110 SE POWELL BLVD, Portland
$599,900
645295197 MLS
Development Opportunity! Zoned RM1, will allow plexes, row houses, apartments, or cottage cluster housing. Existing home can be split off. Shop/garage with potential apartment above. Sale is subject to court approval

2704 SE 136TH AVE, Portland
$145,000
3 Beds ⋅ 2 Baths ⋅ 783279788 MLS
Beautifully updated home. Very tastefully done. Very Appealing decor with light quartz counters, popular color laminate floors throughout. Expanded white tile back splash in kitchen. Undermount stainless steel sink with instant hot water. Upscale, updated, remodeled bathrooms. Custom electric fireplace with multicolored dancing lighted flames. New roof and heat pump for central AC. New hot water heater. Office space. You will want to live here. Financing available.

5200 SE 132ND AVE Unit #12, Portland
$199,900
24187128 MLS
Generous sized finished multi-family lot. Zoned R2.5. Seller says utilities are on the lot. All engineering was complete years back. Possible to build 4 townhomes/row homes (maybe more). Buyer to verify all information and do due diligence with the City of Portland. Developer's packet available.

5716 SE 122ND 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.