Portland Homes under $250,000

Portland Homes under $250,000

Welcome to Portland, Oregon – a vibrant city known for its eclectic culture, stunning natural landscapes, and a thriving arts scene. Nestled between the majestic Cascade Mountains and the picturesque Oregon Coast, Portland is not just a city; it's a lifestyle. With its famous food carts, bustling farmers' markets, and a plethora of craft breweries, residents enjoy a unique blend of urban excitement and outdoor adventure. Whether you're exploring the lush trails of Forest Park or indulging in the culinary delights of the Pearl District, Portland offers a little something for everyone.

For those seeking affordable housing options, you’ll be pleased to discover that homes under $250,000 are indeed available in this dynamic city. While Portland is often recognized for its higher-end properties, there are hidden gems waiting to be unearthed. From charming bungalows in up-and-coming neighborhoods to cozy condos in vibrant communities, these budget-friendly homes provide an excellent opportunity for first-time buyers or those looking to invest.

Imagine owning a piece of Portland, where you can savor the rich culture and community spirit without breaking the bank. With a variety of options, you can find a home that suits your lifestyle and budget, allowing you to fully embrace all that this remarkable city has to offer. So why wait? Dive into the Portland real estate market today and discover your dream home in the heart of the Rose City!

Newest Portland Homes under $250,000

16745 SE DIVISION ST Unit #157, Portland
$55,000
2 Beds ⋅ 1 Baths ⋅ 344099351 MLS
Move-In Ready Home in Portland Mobile Estates, 55+ Community!Welcome to 16745 SE Division Street, Unit #157, Portland, OR 97236! This beautifully maintained 2-bedroom, 1-bathroom manufactured home offers approximately 800 sq. ft. of comfortable living space in a well-established 55+ community.Home Features:- 2 bedrooms, each with its own walk-in closet- 1 bathroom and approximately 800 sq. ft.- Hardwood flooring throughout- Energy-efficient appliances, including refrigerator, dishwasher, microwave, washer, and dryer- Newer windows- Central heating and air conditioning, approximately 3 years old- Water heater approximately 4 years old- Pipes wrapped with electric heat protection for winter- Covered 28-foot carport with room for two vehicles in the driveway- 10' x 6' outdoor storage shedCommunity Amenities:Enjoy an active lifestyle with a recreation room, heated outdoor swimming pool, pool table, and regularly scheduled community activities.Monthly space rent: $995. Buyer must be at least 55 years old. Equally important the park application and approval are required. Please verify all eligibility requirements and park rules with management.Ready to take a look inside?

16745 SE DIVISION ST Unit #157, Portland
11552 SW ROYAL VILLA DR Unit #19, Portland
$54,900
2 Beds ⋅ 1 Baths ⋅ 330160525 MLS
Welcome to this peaceful community! This move-in-ready home offers a spacious, inviting floor plan with two generously sized bedrooms and plenty of room to make your own. Outside you will find a beautiful yard, perfect for relaxing, gardening, or enjoying the outdoors. Offering comfort, space, and exceptional value at an affordable price, this home is an opportunity you won't want to miss. Schedule your showing today!

11552 SW ROYAL VILLA DR Unit #19, Portland
1314 NW IRVING ST Unit #312, Portland
$237,500
1 Beds ⋅ 1 Baths ⋅ 621913177 MLS
A rare opportunity to own a distinctive live/work loft in the heart of Portland’s coveted Pearl District! Set within the iconic Irving St. Lofts warehouse conversion, this light-filled third-floor space blends authentic industrial character with modern upgrades and exceptional versatility. Soaring ceilings, expansive windows with downtown Portland views, Viking stainless steel appliances, custom cabinetry and built-ins, and a beautifully remodeled spa-inspired bathroom create a sophisticated urban setting. Zoned EX (Central Employment) in a building that accommodates commercial and office use, this versatile property offers outstanding potential for residential, professional, creative, or combined live/work use. Additional highlights include a discreet wall bed, spectacular rooftop deck with panoramic 360-degree city and mountain views, large deeded storage unit, and access to a second-floor meeting room and employee restrooms. With a Walk Score of 99, you’re just steps from the Pearl District’s acclaimed restaurants, boutiques, galleries, parks, and nightlife. Discover a unique blend of architectural character, urban convenience, and flexible possibilities in one of Portland’s most recognizable warehouse conversions.

1314 NW IRVING ST Unit #312, Portland
6610 SW TERRI CT Unit #10, Portland
$185,000
2 Beds ⋅ 1 Baths ⋅ 726560162 MLS
Easy, low-maintenance living in a location that keeps you by everything. That’s what’s waiting at this 2 bedroom, 1 bath condo at 6610 SW Terri Ct #10.With 954 sqft of living space, there’s room to relax, work from home, or host a friend in the second bedroom. It’s a smart fit if you are looking for a solid entry point, and at $185,000 it’s a price you don’t see often in the Portland area.The location makes everyday life simple. Raleigh Hills sits about 20 minutes southwest of downtown Portland, and Multnomah Village’s shops and restaurants are a short drive away. The area has three shopping centers within about 0.7 mile, so groceries and errands are close. Several parks are nearby too, including Pendleton Park, April Hill Park, and Gabriel Park. Highway 26 takes you to downtown, and Highway 217 connects you to Beaverton. Space, location, and a price that makes sense. Come take a look! Cash only sale, more than 50% of the units are owned by one individual. Special loan program can be used with specific lender

6610 SW TERRI CT Unit #10, Portland
257 N HAYDEN BAY DR, Portland
$199,000
1 Beds ⋅ 1 Baths ⋅ 524606773 MLS
Sweet and easy Hayden Island living! This 905 sq ft, 1-bed, 1-bath condo in Columbia Point West offers peekaboo river views, single-level living, and a cozy fireplace for Portland’s rainy days. It comes with deeded parking in a shared garage, and the HOA dues are low at $286/mo. You’re just off I-5, minutes from shopping, dining, the river, downtown Portland, Vancouver, and PDX. A great fit for a first home, downsizing, or a low-maintenance lock-and-leave. Sold as-is.

257 N HAYDEN BAY DR, Portland
6665 W BURNSIDE ST Unit #442, Portland
$245,000
2 Beds ⋅ 2 Baths ⋅ 176729875 MLS
Enjoy easy, resort-style living at the West Hills secure and community-oriented condominiums--The Quintet! You'll find natural light abounds with expansive South-facing views on this 4th level beauty. Remodeled tastefully with stainlessappliances, Pergo floors, and cozy carpet in the bedrooms. The covered balcony means you can enjoy your own private space to relax or grill all year long. Two parking spots (one in secure garage and second exterior carport) .And finally and HOA where you get bang for your buck! Enjoy country club amenities like an indoor swimming pool, gym, spa, sauna, library, four pickle ball and two tennis courts. 17 acres of beautifully landscaped grounds with ponds and waterfalls, picnic tables, and walking trails invite you to explore the splendor of the Great Northwest. A home to cherish, an investment to appreciate.

6665 W BURNSIDE ST Unit #442, Portland
15055 NE SACRAMENTO ST Unit #79, Portland
$169,000
1 Beds ⋅ 1 Baths ⋅ 516716506 MLS
Immaculate, spacious condo in Glenwood, a 55+ community, meticulously maintained by the same owner for 39 years. Features include abundant natural light, an open floor plan, gas fireplace, covered patio, secure entry, and just half a flight of stairs. Washer/dryer included. Enjoy landscaped walking paths and access to Summerplace amenities, including a recreation center, pool, pickleball and tennis courts, library, classes, clubs, and events. A single-car association garage is included.Monthly Glenwood HOA fee: $435. Summerplace resident fee: $550 per person annually. One time buyer-paid transfer fees: $2,000 to Glenwood HOA and $3,000 to Summerplace. Fees may increase in 2027.

15055 NE SACRAMENTO ST Unit #79, Portland
2706 SE 138TH AVE Unit #32, Portland
$167,500
2 Beds ⋅ 1 Baths ⋅ 323754239 MLS
Convenient location, minus the commotion. This second-floor 2-bed 1 bath sits back from the busy street, where the grounds are clean, green, and well kept. Updated windows and the upper-floor perch fill this home with light. The open kitchen is big with plenty of space to work with for an island or dining table and it opens right into the living room where a mini split keeps things comfortable year-round. From there, step out onto the balcony with your morning coffee or evening tea and look over the grounds. A detached garage just steps from your door rounds it out. Just under 800 sq ft and easy on the budget, it's a great entry point for a first-time home buyer.

2706 SE 138TH AVE Unit #32, Portland
3930 SE 162ND AVE Unit #16, Portland
$114,900
4 Beds ⋅ 2 Baths ⋅ 339442787 MLS
Welcome home to this spacious 4-bedroom, 2-bath manufactured home offering 1,782 square feet of comfortable living in a 55+ community in Portland! With plenty of room to spread out, this home offers a functional layout with flexibility for guests, hobbies, or a home office. Enjoy the added privacy of the covered back deck, an inviting outdoor space to relax with your morning coffee or unwind at the end of the day. Whether you're looking to simplify your lifestyle or enjoy comfortable, spacious living, this home offers a wonderful opportunity in an established 55+ community. Conveniently located right at the base of beautiful Powell Butte, this home is ready for its next owner to make it their own!

3930 SE 162ND AVE Unit #16, Portland
1005 SW PARK AVE Unit #302, Portland
$149,999
1 Beds ⋅ 1 Baths ⋅ 259790077 MLS
Classic brick, real character, Cultural District address! Bright one-bedroom condo featuring Brazilian cherry floors, high ceilings, oversized windows, and an updated kitchen with granite countertops and stainless steel appliances. Subway tile bathroom with charming sage green accents. Steps from the Arlene Schnitzer Concert Hall and Portland Art Museum. Walk to a show, wander a gallery, and be home in five minutes! Seller has paid the special assessment in full, and no additional assessments are known at this time.

1005 SW PARK AVE Unit #302, Portland
319 SE 162ND AVE Unit #319, Portland
$169,900
2 Beds ⋅ 1 Baths ⋅ 255609032 MLS
Spacious 3rd floor contemporary home with assigned parking. Great room style, 2 bedrooms, private laundry, new appliances. Covered patio w/ storage. Well maintained common area with play structure. Condo Pet Policy: Pets allowed.

319 SE 162ND AVE Unit #319, Portland
148 N Hayden Bay DR Unit #148, Portland
$232,000
1 Beds ⋅ 1 Baths ⋅ 418093154 MLS
Open 10.24.2026 @12:00-2:00pm NO ASSESSMENTS- Building "B"In this lovely waterfront community! Located on Hayden Island with views of the Columbia, Hayden Bay & Mt. Hood and marina's! Waterfront Condo - Light and Bright with skylights and spacious sunny deck(14x10)for those summer evenings or morning sunrises over Mt. Hood. Updated custom cabinets with soft close, quartz counter tops, updated flooring, baseboards, carpet, and appliances. Washer and dryer included. Half bath on main level. Spacious Master bath and closet. Skylights. Deeded Parking #114.Seasonal out door pool and access to the indoor pool and spa. Some furniture has been removed from the unit. An easy way of living.

148 N Hayden Bay DR Unit #148, 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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