97239 Real Estate Search

97239 Multi-Family Homes for Sale

The 97239 area, known for its scenic views and vibrant community, offers a diverse selection of multi-family homes for sale that cater to a variety of investors and homeowners. This region combines a desirable urban environment with the charm of suburban living, making it an attractive option for families and those looking to generate rental income. Many of the available properties feature modern amenities, spacious layouts, and easy access to local parks, restaurants, and shopping. The demand for multi-family homes in 97239 reflects the area's growth and the potential for strong rental returns, providing excellent opportunities for both seasoned investors and first-time buyers looking to enter the real estate market.

Our website features the best real estate search for multi-family homes available in 97239 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. 

You can save searches, and get daily email alerts of new listings, price changes, sold data, and market reports. Our Interactive Map Search allows you to view properties on a map or refine your search by drawing the boundaries around the area you desire.

Curious about what’s happening in the 97239 real estate market? Sign up for a  97239 Real Estate Market Report to see what’s active, under contract, and sold!

Considering selling or refinancing your home? Get an INSTANT property valuation now!

Newest 97239 Multi-Family Homes for Sale

25 SW ABERNETHY N ST, 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
6220 SW CAPITOL HWY Unit #7, Portland
$130,000
2 Beds ⋅ 2 Baths ⋅ 441507208 MLS
Welcome to your charming Hillsdale condo. The perfect blend of comfort, style, and location!! This well-kept unit offers a bright, open living space with large windows that fill the home with natural light. The kitchen features plenty of storage and updated appliances, making it easy to whip up a quick meal or entertain friends. The spacious bedrooms provide good closet space and a peaceful retreat at the end of the day. Step outside to your private patio for extra privacy -it’s ideal for morning coffee or relaxing after work. This quiet, friendly community includes reserved parking, secure entry, on-site laundry, and an HOA that covers water, sewer, garbage, and exterior maintenance, so you can spend more time enjoying your neighborhood and less time worrying about upkeep. The location is hard to beat — just minutes to the heart of Hillsdale, with local shops, coffee spots, and the popular farmers market. Downtown Portland, OHSU, and nearby trails are all within easy reach, with quick access to major transit routes for commuting. If you’re looking for a low-maintenance place to call your own, this condo checks all the boxes. Move right in or bring your ideas and make it your own!!

6220 SW CAPITOL HWY Unit #7, Portland
6026 SW 18TH DR, Portland
$807,900
4 Beds ⋅ 4 Baths ⋅ 250602363 MLS
interest rate buy down or closing costs with accepted offer no later than Sept. 8. Builder close-out on this stunning contemporary home, designed by Portland's acclaimed architect, Ralph Tahran, and built by Main Street Development, an esteemed fourth generation local builder, is one of nine unique homes in this exclusive in this development. It features 4 bedrooms (one on the main living area with a full bath adjoining), a covered deck with a sweeping territorial view, and an ADU with separate entrance, ideal for guests, rental income, or extended family living. The home offers high end finishes, a gourmet kitchen with premium cabinets,9 foot ceilings, an open layout, striking sight lines, abundant natural light, and sweeping territorial views. Nestled on a lane in one of Portland's best neighborhoods, it's steps from the vibrant heart of Hillsdale and Multnomah Village beyond, with downtown only a 10 minute drive away. Highlights include engineered hardwood in the main living areas, tiled bathrooms a covered deck ideal for entertaining, and a large two car garage plus additional covered parking. The spacious primary suite boasts a vaulted ceiling with fan and an impressive 8' x 11' closet. The back yard connects with a beautiful common greenspace. With a Walk Score of 86 and a Bike Score of 83, this home combines luxury with convenience.

6026 SW 18TH DR, Portland
3906 S KELLY AVE, Portland
$1,500,000
597424242 MLS
Why pay rent for your work space when you can own this gem! Introducing the original Kelly House, located in the vibrant South Waterfront area near the OHSU Plaza and OHSU Center for Health & Healing I & II . This prime Commercial/Office Residential mixed-use building features stunning architecture and versatile spaces. Meticulously maintained and restored to perfection, the property offers multifaceted potential uses, including medical offices, counseling and mental health services, spa and massage therapy, acupuncture, educational classrooms, potential for student housing, and more. The property showcases a beautiful wraparound porch, balconies, Mt Hood views and exquisite architectural details both inside and out. The timeless Classic Portland Craftsman architecture seamlessly transitions from the exterior to the interior, highlighting rich woodwork and trim, built-ins, fireplaces, hardwood and wood floors, spacious rooms with high ceilings, crown moldings, and tin ceilings.A full, dry basement with higher ceilings provides additional spaces for development. The approximately 100x100 lot includes a paved section with 10 off-street parking spaces. Consider adding to this space to create student housing or renting to food carts to enhance the already vibrant community."

3906 S KELLY AVE, Portland
6022 SW 18TH DR, 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
3412 SW 13TH AVE, Portland
$825,000
596525215 MLS
Prime Location in the Heart of Portland’s SW Hills — This stunning home offers top-tier schools and exceptional flexibility, perfect for multigenerational living, a home office, Airbnb potential, or an in-law/nanny suite. Situated on a low-maintenance lot surrounded by trees and territorial views. The main part of the house features six bedrooms, four full bathrooms, a bonus room, a family room with a fireplace, and a spacious kitchen with an adjacent dining room. The lower level unit has a separate entrance, full kitchen, dining area, laundry room, spacious living room with a fireplace, two bedrooms, and one full bathroom. Recent updates include New paint inside and out, kitchen, appliances, light fixtures, carpet, refinished wood floors, a new furnace, and a mini-split. This home is minutes from restaurants, PSU, and downtown Portland and only a short walk to OHSU and Marquam Nature Park.

3412 SW 13TH AVE, Portland
3412 SW 13TH AVE, Portland
$825,000
6 Beds ⋅ 4 Baths ⋅ 151773110 MLS
Prime Location in the Heart of Portland’s SW Hills — This stunning home offers top-tier schools and exceptional flexibility, perfect for multigenerational living, a home office, Airbnb potential, or an in-law/nanny suite. Situated on a low-maintenance lot surrounded by trees and territorial views. The main part of the house features six bedrooms, four full bathrooms, a bonus room, a family room with a fireplace, and a spacious kitchen with an adjacent dining room. The lower level unit has a separate entrance, full kitchen, dining area, laundry room, spacious living room with a fireplace, two bedrooms, and one full bathroom. Recent updates include New paint inside and out, kitchen, appliances, light fixtures, carpet, refinished wood floors, a new furnace, and a mini-split. This home is minutes from restaurants, PSU, and downtown Portland and only a short walk to OHSU and Marquam Nature Park.

3412 SW 13TH AVE, Portland
SW LEVY CODE 001, Portland
$55,000
636104436 MLS
Amazing location with nature parks, trails and bus stop nearby! Recently reduced by $15,000 ! This could be your private retreat surrounded by trees. Zoned R10 (Residential) with an environmental overlay (conservation meaning land use of about 5,000 useable square feet for all structures and driveways. Leaving current remaining lot square footage in natural state with trees as a canopy) Per the City of Portland this is a buildable lot and there is a public road right of a way on file for a road to the property at the new owner’s expense. Property has no current utilities and will need a septic tank or possible pump as nearest sewer line flows uphill. Buyer to do due diligence.Please do not use neighbors driveways to turn around on this dead end street, and do not park at bus stop.

SW LEVY CODE 001, Portland
SW BARBUR BLVD, Portland
$200,000
24497116 MLS
Large multifamily development parcel zoned RM1 in prominent close-in SW PDX location. Potential Willamette River and Mount Hood views once developed. Frontage on SW Barbur Blvd. and SW Slavin Rd. Northern (Barbur side) section of parcel is nearly flat / gently sloped.

SW BARBUR BLVD, Portland
4731 SW 18TH DR Unit #A, Portland
$235,000
24395385 MLS
Private .87 acre lot tucked in the trees. Secluded peaceful setting just minutes away from OHSU and downtown Portland.

4731 SW 18TH DR Unit #A, Portland
SW CHESAPEAK AVE, Portland
$99,000
24506130 MLS
Greenhills lot w/territorial and sunset views poised in the desirable Council Crest neighborhood. Recent site plans from local architectural firm Giulietti Schouten Weber are available. Here's your opportunity to build a custom home, be it a main-level home with sunset views, a modular/container home, or a tiny home amongst the trees! Photos from Portlandmaps.com and from conceptual renderings done in anticipation for potential building. Photos 1-2 are conceptual when engineer's reports were done. Photos 3-4 are conceptual photos for modular/container homes. There is not home on the lot currently. Buyer to do due diligence regarding buildability & permitting. Geo/Soils reports available and surveys completed. Recorded easements for access and utilities also available. Lot in between addresses 4031 and to the South of 3921 SW Chesapeak. Lot has a wood fence across it. Okay to walk down the top 4 concrete steps, (please do not walk further) and walk inbetween the left side of fence, and the right side of the telephone pole to access the lot. NOTE: Lot is overgrown and sloped so enter at your own risk and please wear stable shoes.

SW CHESAPEAK AVE, Portland
4453 SW MELVILLE ST, Portland
$249,500
23448719 MLS
Build your dream home in this exceptional, private location on a deadend street at the base of Council Crest just above Hillsdale. Private 2/3 acre lot at the end of Melville. Level building pad, then sloping. See potential floor plan (see pictures 2-4) for the site or design your own. Seller is Oregon real estate broker.

4453 SW MELVILLE ST, Portland
Start Your Search
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.

How much is your home worth?

Get instant property value now!