MONTAVILLA Homes under $400,000

MONTAVILLA Homes under $400,000

Welcome to Montavilla, a vibrant and inviting neighborhood nestled in the heart of Portland, Oregon, within Multnomah County. Known for its charming blend of historic character and modern conveniences, Montavilla is a community that truly feels like home. With tree-lined streets, local parks, and an eclectic mix of shops and eateries, it offers a unique lifestyle that appeals to families, young professionals, and everyone in between.

One of the standout features of Montavilla is its affordability. Here, you can find a variety of homes priced under $400,000, making it an ideal choice for first-time homebuyers or those looking to downsize without compromising on quality of life. These homes often feature classic architectural styles, cozy interiors, and spacious yards, perfect for enjoying Portland's mild climate.

The neighborhood boasts a strong sense of community, with local events and farmers' markets that bring residents together. You'll also appreciate the convenience of nearby public transportation, providing easy access to downtown Portland and beyond.

Montavilla is not just a place to live; it’s a place to thrive. With its affordable housing options, welcoming atmosphere, and a plethora of local amenities, it’s no wonder that Montavilla is becoming one of Portland’s most sought-after neighborhoods. Come explore this hidden gem and discover the perfect home that fits your lifestyle and budget!

Newest MONTAVILLA Homes under $400,000

900 NE 81ST AVE Unit #402, Portland
$285,000
1 Baths ⋅ 701156083 MLS
A rare 4th floor unit with balcony at Milepost 5 condos--true live/work studios designed for creatives of all types. Tall ceilings, true hardwood floor made from repurposed old high school gymnasium. New window covers. New HVAC units. Clothes washer/dryer set in the unit. Comes with two storage units in basement. Parking lot spaces available to rent. Secure bike parking. Active community garden, shared roof top deck, rotating art in lobby.

900 NE 81ST AVE Unit #402, Portland
8427 NE Hassalo ST, Portland
$349,900
3 Beds ⋅ 2 Baths ⋅ 100228687 MLS
Exquisite new construction 3 bed/ 2.5 bath townhome in Montavilla. Before you even step foot inside this home you will notice the landscaping, wide path, ring camera and solid, windowed front door - all indications of the attention to detail that has gone into the building of this home. Spacious main floor with kitchen island, stainless steel appliances, quartz countertops, transom sliding door, roomy pantry in addition to coat closet and half bath on main floor with outdoor landscaped patio to enjoy sunny Portland days. Everywhere you look, you'll see attention to detail. This townhome is located in Montavilla, convenient to public transportation, food carts, parks, and all the restaurants, shops and breweries you hope for in a Portland neighborhood. Put this one on your list to see today! HOLTE Limited Tax abatement Available for Qualified Buyers. [Home Energy Score = 9. HES Report at https://rpt.greenbuildingregistry.com/hes/OR10249534]

8427 NE Hassalo ST, Portland
1126 NE 84th AVE, Portland
$355,000
3 Beds ⋅ 2 Baths ⋅ 465702252 MLS
Fabulous new construction 3 bed/ 2.5 bath townhome in Montavilla. Large, inviting and livable low maintenance outdoor space with generous patio. Spacious and open main floor plan with large kitchen island, stainless steel appliances, quartz countertops and a roomy pantry. This home has many little upgrades and higher-end finishes including lighted main bath mirror, Tile accent wall in main level powder bath and more. This townhome is located in sought-after Montavilla, convenient to public transportation, food carts, parks, and all the restaurants, shops and breweries you hope for in a Portland neighborhood. Put this one on your list to see today! This unit is approved for Holte Limited Tax Abatement for qualified buyers. This means taxes are only assessed on the land - a huge deal for affordability!

1126 NE 84th AVE, Portland
9339 SE MADISON ST, Portland
$325,000
3 Beds ⋅ 2 Baths ⋅ 626880225 MLS
BIG PRICE REDUCTION. Built in 2003, this 3-bedroom, 2-bath home offers an open layout, attached garage, 200-amp electrical panel, and a corner-lot setting with great morning light.This one needs more than paint and polish. For the right buyer, the fundamentals are compelling: a practical layout, newer-era construction, 9/10 energy score, strong electrical capacity, attached garage, and easy access to bike routes, Berrydale Park, the Montavilla Farmers Market, shops, restaurants, and neighborhood favorites.Bring your contractor and your plans. Close now, spend the fall and winter bringing it back to life, and be ready to enjoy—or reintroduce it to the market—come spring. NOTE: This property is occupied. Do not walk onto the property without an appointment, and do not disturb occupant. [Home Energy Score = 9. HES Report at https://rpt.greenbuildingregistry.com/hes/OR10251477]

9339 SE MADISON ST, Portland
1128 NE 84th AVE, Portland
$365,000
3 Beds ⋅ 2 Baths ⋅ 251228974 MLS
Fabulous new construction 3 bed/ 2.5 bath townhome in Montavilla. Most desirable end unit with tons of privacy, outdoor storage closet and very livable outdoor space. Spacious and open main floor plan with large kitchen island, stainless steel appliances, quartz countertops and a roomy pantry. This home has many little upgrades and higher-end finishes including lighted main bath mirror, accent wall and more. This townhome is located in sought-after Montavilla, convenient to public transportation, food carts, parks, and all the restaurants, shops and breweries you hope for in a Portland neighborhood. Put this one on your list to see today! This unit is approved for Holte Limited Tax Abatement for qualified buyers. This means taxes are only assessed on the land - a huge deal for affordability!

1128 NE 84th AVE, Portland
9102 NE GLISAN ST, Portland
$349,600
5 Beds ⋅ 2 Baths ⋅ 330808621 MLS
Historic 1922 craftsman bungalow with many beautiful features and tons of potential with the right updates and repairs. Main level bath has a clawfoot tub, there are arched doorways, built-ins, some hardwood floors, picture rails and ornate window moldings. Partially finished upper level can be extra bedroom and bonus space. Lower level completed with permit in 2013, has two non-conforming bedrooms (egress), plus a living space and 2nd kitchen. Has separate access through the shared laundry porch, so it could be an ADU or perfect for multi-gen living. Located blocks from Mall 205 and Montavilla restaurants and shops, perfect for bikers, convenient to all forms of transit and located on a bus line (73 Transit Score, 95 Bike Score). This home is eligible for rehab financing, [Home Energy Score = 5. HES Report at https://rpt.greenbuildingregistry.com/hes/OR10223439]

9102 NE GLISAN ST, Portland
900 NE 81st AVE Unit #103, Portland
$189,000
1 Baths ⋅ 539652128 MLS
Thoughtful craftsmanship and rare indoor-outdoor living come together in this studio at Milepost 5 Lofts. Designed and custom-built by its cabinetmaker and designer owner, this 473-square-foot studio makes exceptional use of every inch. Douglas fir-finished kitchen cabinetry, stainless steel countertops, integrated storage, and carefully considered built-ins bring warmth and function to the home's exposed concrete ceilings and open industrial layout. A soaring wall of windows fills the space with natural light, while the thoughtfully defined sleeping area preserves the loft's open, airy feel. The bathroom adds another unexpected dose of character. And then there's the patio. Expansive, private, and overlooking the community garden, it feels like a true outdoor room—ready for morning coffee, dinner with friends, container gardening, or simply unwinding beneath the trees. At Milepost 5, the creativity continues beyond your front door with a community garden, a welcoming lobby with local artwork, a rooftop deck, on-site laundry, assigned storage, and secure bike parking among the shared amenities. Montavilla Park and Community Center with its outdoor pool sit directly across the street, putting recreation at your doorstep. The neighborhood's favorite cafés, restaurants, shops, food carts, and Farmers Market are a quick five-minute bike ride away, with MAX light rail and bus lines a short walk from home. Leased parking available.

900 NE 81st AVE Unit #103, Portland
99 NE 78th AVE, Portland
$399,900
3 Beds ⋅ 2 Baths ⋅ 575253462 MLS
New construction in the heart of Montavilla — with an attached garage (yes, really). A rare find in this neighborhood, this home also delivers what buyers actually want: NO HOA, not a condo, and no income restrictions. Thoughtfully designed with flexibility in mind, the entry level offers a full bath and versatile space perfect for a guest suite, home office, or whatever life throws your way. The main level is where it all comes together, open-concept living, high ceilings, and natural light for days. The kitchen doesn’t miss: custom soft-close cabinetry, sleek quartz countertops, and clean, modern finishes. Slide out to your covered balcony for morning coffee or evening wind-downs. Upstairs, you’ll find two spacious bedrooms and conveniently located laundry (because running stairs with a laundry basket is overrated). All of this just blocks from Montavilla favorites — Mt. Tabor, the farmers market, Academy Theater, Observatory, Ya Hala, Flying Pie Pizza, and Redwood (arguably one of Portland’s brunch MVPs). Plus, easy access to PDX, I-205, and I-84. Bottom line: new construction, garage, no HOA drama. You don’t see this combo often — especially in Montavilla.

99 NE 78th AVE, Portland
900 NE 81ST AVE Unit #314, Portland
$179,000
1 Baths ⋅ 503820284 MLS
Urban Loft Living in the Heart of NE Portland! Experience stylish city living in this inviting loft-style condo in a vibrant community. Features an open, airy layout with soaring ceilings and a contemporary loft design that creates a spacious, modern feel throughout. The main living area offers large windows with abundant natural light. The compact kitchen boasts built-in-features, range, fridge, ample cabinetry and a cozy eating area. The lofted bedroom area provides a cozy retreat while maintaining the home’s open-concept character, complemented by a full bath. Residents enjoy the convenience of low-maintenance condo living along with nearby parking and well-maintained common areas including shared laundry room, gathering hall & open terrace. Just minutes away from local dining, shopping, parks & public transit. Easy access to major roads and neighborhood amenities, making commuting and exploring the city effortless. Perfect for first-time buyers, urban professionals or investors seeking a low-maintenance property in a convenient location.

900 NE 81ST AVE Unit #314, Portland
483 NE 72nd AVE Unit #3, Portland
$378,900
3 Beds ⋅ 2 Baths ⋅ 604587846 MLS
Welcome home. I’m a newly built Montavilla condo designed to pair modern style, everyday comfort, and an accessible path to homeownership. Built by a multi-year Street of Dreams builder and Builder of the Year award winner by the Home Building Association, I showcase elevated finishes, abundant natural light, and an efficient use of space. Step inside and discover tall ceilings, oversized windows, and an open great room layout that makes daily living and entertaining feel effortless. My kitchen features custom cabinetry, stainless steel appliances, sleek countertops, and generous workspace that connects naturally with the dining and living areas. Upstairs, I offer three well proportioned bedrooms and 2½ baths, including a peaceful primary suite with a walk in closet and private ensuite bath. A convenient ½ bath on the main level adds functionality for guests. Energy efficient mini split systems provide heating and cooling throughout, while low maintenance new construction and low monthly HOA dues make life even easier. Beyond my front door, enjoy coffee at Mudd Works Roastery, plant based favorites at Secret Pizza Society, and cocktails at Blank Slate Bar. The Montavilla Farmers Market, Academy Theater, Montavilla Park, neighborhood shops, dining, and transit are also nearby. A one year builder warranty provides added peace of mind. My list price reflects buyer eligibility for the Portland Housing Bureau System Development Charge exemption program, a City of Portland affordable housing initiative designed to support more accessible new construction housing for qualifying buyers. HOLTE available on this property offering huge tax savings through a 10-year property tax abatement for an eligible buyer.

483 NE 72nd AVE Unit #3, Portland
475 NE 72nd AVE Unit #7, Portland
$388,900
3 Beds ⋅ 2 Baths ⋅ 250167684 MLS
Welcome home. I’m a newly built Montavilla condo offering modern design, flexible living, and an accessible path to homeownership across three thoughtfully planned levels. Built by a multi-year Street of Dreams builder and Builder of the Year award winner by the Home Building Association, I pair elevated finishes with abundant natural light and an efficient use of space. Step inside and discover tall ceilings, oversized windows, and an open great room layout designed for relaxed daily living and effortless entertaining. My kitchen features custom cabinetry, stainless steel appliances, generous workspace, and clean modern finishes, flowing naturally into the dining and living areas. I offer three well proportioned bedrooms and 2½ baths, including a peaceful primary suite with a walk in closet and private ensuite bath. A convenient ½ bath on the main level adds functionality for guests. Energy efficient mini split systems provide heating and cooling throughout, while low maintenance new construction and low monthly HOA dues help simplify everyday life. Beyond my front door, enjoy Hanoi Kitchen, Montavilla Park, Bipartisan Café, Redwood, the Montavilla Farmers Market, and the historic Academy Theater, with neighborhood shopping, dining, and transit also nearby. A one year builder warranty provides added peace of mind. My list price reflects buyer eligibility for the Portland Housing Bureau System Development Charge exemption program, a City of Portland affordable housing initiative designed to support more accessible new construction housing for qualifying buyers. HOLTE available on this property offering huge tax savings through a 10 year property tax abatement for an eligible buyer.

475 NE 72nd AVE Unit #7, Portland
7194 NE Glisan ST Unit #1, Portland
$388,900
4 Beds ⋅ 2 Baths ⋅ 540073116 MLS
FHA financing may be available, but only through Seller’s preferred lender. Welcome to a fresh take on Montavilla living. I’m a newly built, three level home designed to pair modern style with everyday flexibility. Built by a multi-year Street of Dreams builder and Builder of the Year award winner by the Home Building Association, I showcase elevated finishes, abundant natural light, and an efficient use of space. Step inside and discover tall ceilings, oversized windows, and an open layout that makes everyday living and entertaining feel effortless. My kitchen features quartz countertops, stainless steel appliances, custom cabinetry, and generous workspace that connects naturally with the dining and living areas. Across my three levels, I offer four bedrooms and 2½ baths, giving you room for guests, work, hobbies, or growing needs. My primary suite creates a peaceful retreat with a walk in closet and private ensuite bath. Energy efficient mini split systems provide heating and cooling throughout, while my low maintenance design makes new construction living even easier. A private fenced patio gives you space for pets, gardening, outdoor dining, or a quiet place to unwind. Low monthly HOA dues add to the appeal. Beyond my front door, enjoy coffee at Mudd Works Roastery or Stone Soup PDX Café, plant based favorites at Secret Pizza Society, and cocktails at Blank Slate Bar. Fred Meyer and Montavilla Park are also nearby, while the Academy Theater and Montavilla Farmers Market anchor the beloved SE Stark business district. A 1 year builder warranty provides added peace of mind. My list price reflects buyer eligibility for the Portland Housing Bureau System Development Charge exemption program, a City of Portland affordable housing initiative designed to support more accessible new construction housing for qualifying buyers. HOLTE available on this property offering huge tax savings through a 10-year property tax abatement for an eligible buyer.

7194 NE Glisan ST Unit #1, 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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