97239 Real Estate Search

97239 Homes for Sale

Overview of the 97239 Real Estate Market

The 97239 zip code, located in the vibrant city of Portland, Oregon, encompasses desirable neighborhoods such as South Portland and parts of the historic West Hills. This area is known for its stunning views, proximity to the Willamette River, and easy access to various recreational activities. The real estate market here is competitive, with a blend of single-family homes, townhouses, and condominiums catering to a wide range of buyers. As urban development continues, the availability of quaint homes and modern builds draws interest from both families and young professionals alike.

Home Prices and Trends

The median home prices in the 97239 area reflect the desirability of the Portland real estate market. As of late 2023, home prices have seen steady appreciation due to low inventory and high demand. The appeal of the area's amenities, combined with its beautiful landscapes and community feel, contributes to rising home values. Buyers should be prepared for competitive bidding situations, especially in sought-after neighborhoods, where inventory often experiences rapid turnover. However, prospective homeowners may find opportunities in upcoming developments and slightly less popular areas within the zip code.

Neighborhood Highlights

The 97239 zip code boasts a variety of attractive neighborhoods, each with its unique charm. The South Waterfront area features modern condominium developments with fantastic river views and easy access to parks and trails. On the other hand, the West Hills are characterized by their larger lots and historic homes, providing a more suburban feel while still being close to Portland's urban amenities. Additionally, residents in this area are often members of a tight-knit community that values outdoor activities, art, and local dining experiences, making it a desirable place to live.

Investment Opportunities

For real estate investors, the 97239 area presents several lucrative opportunities. Given the growth of Portland as a regional hub for technology and innovation, the demand for rental properties has surged. Investors can tap into the market by purchasing single-family homes or multi-family units to cater to renters looking for housing close to downtown. With the area's facilities and amenities, including parks, shopping, and educational institutions, investment properties are likely to maintain high occupancy rates and offer attractive returns.

Future Development and Growth

Looking ahead, the 97239 zip code is set to experience continued growth and development. Urban planning initiatives aim to enhance public transportation options and support sustainable community practices, which will make the area even more attractive to potential buyers and renters. As new businesses establish themselves and infrastructure improves, the quality of life within this region is likely to rise, further boosting property values and leading to increased demand in the real estate market. For buyers and investors alike, being aware of these trends is crucial to making informed decisions in this dynamic environment.

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97239 Homes for Sale

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Newest 97239 Homes for Sale

$950,000
2 Beds 2 Baths 254540376 MLS
New Price! Must see rare remodeled Mediterranean luxury condominium located in the historic Lair Hill neighborhood with over $150K in upgrades. Experience exceptional craftsmanship, privacy, and city views in this stunning residence. This one level home features an open floor plan with vaulted 9 foot ceilings, heated travertine tile floors, custom cabinetry, soapstone marble, solid wood doors and windows. The gourmet kitchen is an entertainer’s dream, showcasing walnut cabinets, a large island, a new Wolf five burner gas cooktop, Sub Zero built-in refrigerator, double oven with warming drawer, and a beverage fridge. The formal dining area opens through French doors to a north facing balcony with city views. The living room features a custom built solid travertine mantle with a gas fireplace and serene east facing tree views. The primary suite includes hardwood floors, double closets, a private balcony, and a custom built-in walk-in closet. The luxurious primary bath offers a marble tiled design with a double quartz vanity, a tiled walk-in shower, and a large jetted tub. The second suite also features hardwood floors, dual closets, a granite vanity, and a marble tiled walk-in shower. A dedicated office space includes built-ins, a soapstone desktop, and a beverage cooler—perfect for work or exercise. The Lair Hill House HOA is an exclusive community of just six units and two separate townhomes. Shared amenities include a guest house, gated entry with elevator, wine cellar with assigned lockers, pool table, gym, assigned storage unit, and a secured heated parking garage with two reserved spaces plus five guest spots. Additional features include a heated driveway, backup generator, and included water, sewer, and garbage. Located in the heart of Lair Hill, this exceptional home offers access to the Gibbs Street pedestrian bridge connecting you to the shops and restaurants of the South Waterfront. Minutes from OHSU, downtown Portland, and major freeways.

3328 SW BARBUR BLVD Unit #5, Portland

$959,000
5 Beds 3 Baths 391891899 MLS
**OPEN Sunday, 7/26 from 11-1PM!** NEWLY PRICED! This incredibly well maintained home was custom rebuilt in 2003-2004. The open and light-filled main level features beautiful hardwood floors and is designed for both everyday living and effortless entertaining. A gracious living room with custom built-ins and a statement fireplace is framed by expansive windows that capture sweeping vistas of the surrounding landscape. The adjoining dining area offers a dramatic backdrop for memorable meals, while the gourmet kitchen impresses with high-end appliances, custom cabinetry, and a welcoming breakfast nook with planning desk. The primary suite on the main floor is a serene retreat, complete with spectacular outlooks and a spa-inspired bath. On the lower level, a spacious family room provides a comfortable, flexible space for everyday living and is complemented by three additional bedrooms and a full bath. A separate private basement apartment/guest quarters with its own entry, kitchen, full bath, & sep. laundry hook up provides exceptional versatility for multigenerational living, long-term visitors or renters (potential rental income w/visiting doctors or nurses). Outdoors, thoughtfully designed landscaping surrounds the property, offering privacy and tranquility while an expansive deck extends the living space, ideal for dining or soaking in the beauty of the natural setting. Just a few blocks away, Healy Heights Park offers a neighborhood playground and green space to enjoy.Offering the best of both worlds, this home enjoys the privacy of a hillside retreat with the convenience of being only minutes from downtown Portland, top-rated schools, parks, and vibrant local shops. A one-of-a-kind property where thoughtful design, unmatched privacy, and breathtaking scenery meet. [Home Energy Score = 2. HES Report at https://rpt.greenbuildingregistry.com/hes/OR10241827]

3250 SW DONNER WAY CT, Portland

$1,249,995
4 Beds 4 Baths 121034907 MLS
Among the last new construction homes of this size & elevation permitted in Multnomah County, this home represents a rare architectural moment, a vantage point that simply cannot be replicated. Designed & built by Exceptional Homes by Andre, Portland's 2024 Luxury Structure & Style Award winner & a past featured NW Natural Street of Dreams builder, every detail reflects a standard most new construction never reaches. Commanding views of Mt. Hood & Mt. St. Helens unfold from the upper-level bonus rm and its sweeping balcony — a natural gathering place for quiet evenings and effortless entertaining. Soft mountain glimpses carry through the main level and primary suite. The main living spaces balance clean architectural lines with genuine warmth: a natural stone quartz island, full gas & stainless appliance suite, plus layered LED ambience lighting that shifts the mood from morning to midnight. The primary bath is a daily retreat — Calcutta finishes, a walk-in shower, a spa sensibility that doesn't feel forced. A private lower-level studio with its own entrance, kitchenette, electrical panel, and water heater adds meaningful flexibility — equally suited as guest quarters, a multigenerational suite, executive home office, or potential ADU. With OHSU just minutes away, this space is particularly well-positioned for traveling medical professionals, residents, or extended-stay guests.The engineering beneath the design is equally considered: an independent joist system, highest-density insulation, and a full one-inch airspace between walls deliver a level of quiet and comfort that distinguishes this home from every comparable new build. 2 car garage. Set in the heart of John's Landing, the lifestyle is as considered as the architecture — walkable to the Willamette River Greenway, neighborhood parks, and Portland's most beloved local dining, with easy access to South Waterfront, OHSU, and downtown.This is what it looks like when nothing is compromised.

207 S NEBRASKA ST, Portland

$569,900
3 Beds 3 Baths 428152942 MLS
Discover an unparalleled opportunity to claim your slice of modern Luxury before it's gone. These exclusive, new contemporary townhomes are a rare gem. Immerse yourself in uniquely designed architecture that blends contemporary cutting edge style, featuring 3 bedrooms, 3 1/2 bathrooms, and a versatile bonus/family room perfect for your evolving lifestyle. Perched in the enchanting Burlingame neighborhood, these homes command expansive territorial views of the South Burlingame area plus a peek of Mt. Hood, elevating every moment at home. Inside, high end finishes and sophisticated details create an inviting haven, ideal for seamless entertaining or serene relaxation. What truly sets these residences apart is their unbeatable location on a quiet street just moments from I-5 for ease of commuting, the vibrant shops and eateries of Multnomah Village, and the heart of downtown. Crafted with uncompromising quality and care, these homes deliver the ultimate fusion of comfort, style and convenience. Note these are double wall construction, meaning that there are no common walls. Each townhome is separated from its neighbor by about a 6" gap and each townhome has its own "exterior" wall with full insulation. The only connection between the townhomes is the exterior siding and the roof. Act now, these new on-the-market should go quickly. Contact your agent today to schedule your private tour and secure your future in an extraordinary home.

7290 SW 13th DR, Portland

$150,000
396419600 MLS
A rare opportunity to design and build a custom home in close-in Portland, just one mile southwest of downtown and near OHSU. This lot offers street frontage, a natural ravine setting, and additional buildable area beyond—creating a unique canvas for architecture that responds to the landscape, privacy, and surrounding mature trees.An adjacent vacated street provides added flexibility for access, staging, and site planning—an increasingly valuable advantage for construction in this location.Zoned R5 with a C,z (Constrained Site/Environmental Overlay), the property supports single-family development with an emphasis on environmental sensitivity. The sloped topography lends itself to creative design solutions, including daylight basements, terraced construction, or a home that integrates seamlessly into its natural setting.The opportunity expands with two additional nearby parcels, including a neighboring lot with a dedicated staging area and another contiguous lot (RMLS# 308963076 & 141582666), offering potential for assemblage into a cohesive multi-home project, private compound, or boutique-scale development.Utilities are nearby and public transit is within walking distance, providing convenient access to downtown Portland, OHSU, PSU, and the South Waterfront.Opportunities combining location, natural setting, and development flexibility are increasingly rare. Buyer to complete all due diligence regarding development potential, utilities, and buildability.

SW CONDOR AVE, Portland

$150,000
308963076 MLS
A rare opportunity to design and build a custom home in close-in Portland, just one mile southwest of downtown and near OHSU. This lot offers street frontage, a natural ravine setting, and additional buildable area beyond—creating a unique canvas for architecture that responds to the landscape, privacy, and surrounding mature trees.An adjacent vacated street provides added flexibility for access, staging, and site planning—an increasingly valuable advantage for construction in this location.Zoned R5 with a C,z (Constrained Site/Environmental Overlay), the property supports single-family development with an emphasis on environmental sensitivity. The sloped topography lends itself to creative design solutions, including daylight basements, terraced construction, or a home that integrates seamlessly into its natural setting.The opportunity expands with two additional nearby parcels, including a neighboring lot with a dedicated staging area and another contiguous lot (RMLS# 396419600 & 141582666), offering potential for assemblage into a cohesive multi-home project, private compound, or boutique-scale development.Utilities are nearby and public transit is within walking distance, providing convenient access to downtown Portland, OHSU, PSU, and the South Waterfront.Opportunities combining location, natural setting, and development flexibility are increasingly rare. Buyer to complete all due diligence regarding development potential, utilities, and buildability.

SW CONDOR AVE, Portland

$200,000
513187024 MLS
Unique Development Opportunity Near Downtown Portland – Level Lot with Sweeping City & Mountain Views Located just one mile southwest of downtown Portland, this exceptional level lot offers sweeping panoramic views of the city skyline and surrounding mountains, providing a stunning backdrop for a custom home or boutique development. Unlike the two adjacent lots across the currently undeveloped street—nestled in a natural, forested setting—this parcel boasts open vistas while still being minutes from the vibrant urban core. Zoned R5 with a Cz environmental overlay, the lot encourages thoughtful, environmentally sensitive design. Its gentle slope and open exposure make it ideal for a multi-level home that maximizes light, privacy, and breathtaking views. Whether you envision a modern architectural masterpiece or a warm Northwest contemporary, this site provides a remarkable canvas for creative building. Conveniently close to downtown Portland, OHSU, PSU, and lively cultural districts, this location offers easy access to public transportation, parks, trails, and bike routes, balancing spectacular views with urban convenience. Buyers should note the Cz overlay and lot characteristics may require environmental and geotechnical review during permitting. The opportunity to build a distinctive home with iconic views in this rare location is truly exceptional. Two additional lots across the undeveloped street are also available separately, offering a contrasting natural, wooded setting for expanded development possibilities or multiple custom homes. Whether you’re a developer, builder, or future homeowner, this property delivers a rare combination of panoramic views, proximity, and potential. Opportunities like this are scarce—bring your vision and make it yours.

25 SW ABERNETHY N ST, Portland

$1,150,000
2 Beds 2 Baths 607512138 MLS
Freshly painted and thoughtfully staged, this 2-bedroom, 2-bath residence at 836 S Curry St #902 offers 2,032 square feet of refined South Waterfront living. Positioned in the mid-tower, the home captures balanced views of the Willamette River and Mount Hood from two south-facing balconies, providing both river and mountain outlooks. The benefit of this mid-tower location is a broad, mountain view AND, a river view that makes watching the Holiday Ships possible too! Designed for function and longevity, the fully custom Valcucine kitchen planned in Italy features a full granite slab and backsplash, Sub-Zero refrigeration, premium appliances, and a dedicated wine fridge. The open great room includes a gas fireplace and direct access to a sun-filled deck with water and gas hook-ups, ideal for outdoor cooking and relaxation. A separate den extends to a second long balcony with upriver and garden views.Interior finishes include upgraded hardwood floors, custom cherry cabinetry, Portland Closet built-ins, and Smart Home controls for keyless entry and programmable lighting. The residence also includes a refrigerated wine cellar located in the garage storage area.Two-car tandem parking is conveniently located just outside the elevator lobby, enhancing daily ease of use. The building offers an amenity room that supports homeowner social engagement and is known for excellent HOA management and strong community involvement.This condominium combines scale, views, and carefully selected upgrades in a well-run, premium South Waterfront building.

836 S CURRY ST Unit #902, Portland

$1,798,000
4 Beds 4 Baths 359742165 MLS
Perched on a bluff in the hills of Southwest Portland, this exceptional 1928 Tudor Revival commands sweeping views of Mt. Hood and the Willamette River. Inside, the home strikes an artful balance between modern comfort and historic authenticity. Rich red oak flooring pairs beautifully with original millwork, custom ironwork, and period brass fixtures. Graceful Tudor archways and coved ceilings evoke Old World craftsmanship alongside leaded glass casement windows with gum wood trim, charming window seats, and a dramatic curved staircase with a hand-forged iron railing. Whether framed by the oversized picture window or enjoyed from the attached balcony, the great room offers stunning river and mountain views, complemented by an elegant fireplace with a hammered copper hood. These views continue in the formal dining room, providing the perfect backdrop for memorable meals. The kitchen marries period charm with modern functionality through rich gum wood cabinetry, granite countertops, multiple sinks, high-end appliances, and a window-lined breakfast nook. The upper level hosts three bedrooms plus the primary suite - a sophisticated retreat with Willamette and Mt. Hood views, a fireplace, and a luxurious bath with a deep soaking tub and custom mosaic tilework. The lower level offers a family room with a floor-to-ceiling brick fireplace, terrace access, and abundant storage. Capitalizing on an unmatched location, an expansive east-facing terrace delivers panoramic views over a heated infinity pool and hot tub, while multiple gathering areas and a pool house with full kitchen allow for effortless entertaining. An adjacent 0.15-acre buildable lot - offered separately - offers future expansion possibilities. Located steps from scenic Terwilliger Parkway and a short walk to the Chart House, the home is bordered to the north by Marquam Nature Park and its 200 undeveloped acres and miles of trails, with the shops and restaurants of South Portland and downtown just minutes away. [Home Energy Score = 1. HES Report at https://rpt.greenbuildingregistry.com/hes/OR10214602]

5570 SW MENEFEE DR, Portland

$679,000
2 Beds 3 Baths 369840977 MLS
Designed by James Meyer, this contemporary townhome residence sits just minutes to downtown and OHSU. Gracious windows frame beautiful views towards the Cascades to the East and North to downtown. These expanded views include Mt. Hood, Mt. Saint Helens, the Willamette River and multiple bridges, and nighttime city lights. The orientation provides an abundance of light and spectacular sunrises. A barbecue and garden area are located just off the entry. The upper level includes tall ceilings in the living and dining rooms and the kitchen. Recently refinished maple hardwood floors throughout this level and include the stairs and landing on each level. The living room includes a gas fireplace. The kitchen offers quality finishes and lots of storage to enjoy cooking and entertaining. The dining area and living room flow seamlessly to a deck with beautiful views, creating a wonderful space for indoor/outdoor entertaining and relaxing. The middle level features both a large primary suite and a spacious junior suite. The primary suite offers a walk-in closet, soaking tub, walk-in shower, and a private deck to enjoy your morning coffee – you will be in your own oasis. The spacious second bedroom includes views to the mountains and downtown. A laundry room with storage rounds out this floor. The lower level boasts a generous studio with a kitchen and an exterior entrance. This space has many flexible options – home office, separate living quarters, or workout space/media room, the possibilities are endless! A full bathroom, large closet, utility/storage room and single-car garage complete this level. The lovely setting is conveniently close to the city – just minutes to downtown Portland, OHSU, the South Waterfront, Terwilliger and the expansive Markham Trail system.

3907 SW VIEW POINT TER, Portland

$969,860
4 Beds 4 Baths 686776315 MLS
This stunning contemporary home, designed by Portland's renowned architect, Ralph Tahran, and crafted by Main Street Development, an esteemed fourth generation local builder, is one of nine exclusive designs in this premier development. This proposed presale features 4 bedrooms, plus a main floor office/guest bedroom with an adjoining full bath with tub/shower, high end finishes, and 9 foot ceilings. This home has and open floor plan with exceptional sight lines, abundant natural light, and expansive territorial views. Nestled on a lane in one of Portland's best neighborhoods, it's just a short stroll to the vibrant heart of Hillsdale and Multnomah Village beyond with downtown only a 10 minute drive away. Enjoy engineered hardwood in the main living area, tiled bathrooms, and a covered deck, perfect for entertaining. The spacious primary suite with vaulted ceilings includes an impressive 8' x 11' closet. Take advantage of the lower level studio/ADU, ideal for guests, rental income, or extended living. With a Walk Score of 86 and a Bike Score of 83, this home seamlessly blends convenience and quality. Now featuring a 2/1 Interest Rate Buydown, this design is ready to break ground; construction can commence within days of signing the construction agreement. We welcome custom requests and modifications. Work with our interior designers to select all finished materials, colors, and details to create your dream home. Photos reflect similar finishes from 6008 SW 18th Drive (RMLS #24615076).

6022 SW 18TH DR, Portland

$245,000
1 Baths 24665789 MLS
Discover the pinnacle of urban sophistication in this meticulously designed studio condo, located within the iconic John Ross Building in Portland’s South Waterfront district. This residence features an intelligent and efficient layout, seamlessly blending comfort and contemporary elegance. The open-plan living area transitions effortlessly into a sleek, modern kitchen equipped with quartz countertops, high-end stainless steel appliances, and ample cabinetry, offering a refined culinary experience. Thoughtfully appointed with two discreet Murphy beds, an in-unit washer and dryer, this pet friendly condo is a perfect balance of function and style.This property offers significant investment potential, as it can be sold fully furnished, creating a true turn-key rental opportunity. Additionally, with no rental cap, the unit presents a flexible option for both investors and homeowners alike.One of the home’s rare and highly coveted features is the secured, deeded parking space in the building’s basement, providing unmatched convenience in this vibrant area. Residents enjoy a host of premium amenities, including an expansive rooftop patio with a community grilling station, ideal for a leisurely evenings against the city skyline.The John Ross Building enhances the living experience with a tastefully designed party room for entertaining and the assurance of 24-hour concierge services, offering both security and a heightened sense of luxury. Perfectly situated in the heart of the dynamic South Waterfront, this property grants immediate access to fine dining, boutique shopping, cultural attractions, and effortless connectivity to Portland's public transit system. Whether as a primary residence or a high-end rental, this is a rare opportunity to own a slice of one of the city’s most desirable addresses.

3601 S RIVER PKWY Unit #339, 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.