MULTNOMAH VILLAGE Homes under $400,000

MULTNOMAH VILLAGE Homes under $400,000

Welcome to Multnomah Village, a charming and vibrant neighborhood nestled in the heart of Portland, Oregon. Known for its unique blend of historic charm and modern conveniences, Multnomah Village offers residents a warm, community-oriented atmosphere that feels like a small town within the bustling city. With tree-lined streets, local boutiques, and delightful eateries, this area is perfect for those who appreciate a strong sense of community and the beauty of nature.

One of the most appealing aspects of Multnomah Village is its affordability, especially for first-time homebuyers or those looking to downsize. Homes in this desirable neighborhood can be found for under $400,000, making it an attractive option for those seeking to invest in Portland's real estate market without breaking the bank. From quaint bungalows to contemporary townhomes, there is a diverse range of properties that cater to various lifestyles and preferences.

Residents of Multnomah Village enjoy easy access to parks, trails, and the stunning landscapes of the nearby Tualatin Mountains. The community is also well-connected to public transportation, providing seamless access to downtown Portland and beyond. Whether you're strolling through the weekly farmers' market or enjoying a coffee at a local café, you'll find that Multnomah Village offers a unique blend of urban and suburban living that is hard to resist.

If you're looking for a place that combines affordability, community spirit, and a vibrant lifestyle, Multnomah Village is the perfect choice. Come explore the possibilities and discover your new home in this enchanting Portland neighborhood!

Newest MULTNOMAH VILLAGE Homes under $400,000

7572 SW 31st AVE, Portland
$394,900
2 Beds ⋅ 2 Baths ⋅ 257993024 MLS
Phenomenal location meets fresh new construction with this thoughtfully designed 2 bedroom, 2½ bathroom condo offering 955 square feet and coveted end unit positioning just outside the heart of Multnomah Village. Step inside to a bright, efficient floor plan that makes excellent use of every inch, with an open main level connecting the kitchen, dining area, and living room for easy everyday living and entertaining. The kitchen offers a clean, modern feel with plenty of workspace and storage, while a slider off the living room opens to a private patio for morning coffee, grilling, or relaxing at the end of the day. A convenient powder room completes the main floor. Upstairs, the vaulted primary suite includes a private bathroom, while the second bedroom and additional full bathroom offer flexibility for guests, a home office, or everyday living. Upstairs laundry keeps chores close to the bedrooms, and energy efficient mini splits provide year round heating and cooling. An exceptional 83 Walk Score puts daily conveniences within easy reach, with Multnomah Arts Center, Village Coffee, Fat City Cafe, Annie Bloom's Books, Grand Central Bakery, and the locally owned shops, dining, and services of Multnomah Village all nearby. Grab coffee, meet friends for a bite, browse neighborhood shops, or enjoy the Village without making every outing a drive. The end unit location provides added separation from neighboring homes, while the street facing position gives the property a distinct presence within this newly built community. Every detail reflects the vision of a multi-year Street of Dreams builder, blending elevated design with everyday livability and backing every home with an exceptional warranty. This is how your home was meant to be. List price is for buyers eligible for Portland Housing Bureau's System Development Charge Exemption (SDC), an initiative promoting affordable housing across the City of Portland.

7572 SW 31st AVE, Portland

7564 SW 31st AVE, Portland
$379,900
2 Beds ⋅ 2 Baths ⋅ 763991489 MLS
Phenomenal location meets fresh new construction with this thoughtfully designed 2 bedroom, 2½ bathroom condo offering 970 square feet just outside the heart of Multnomah Village. Step inside to a bright, efficient floor plan that makes excellent use of every inch, with an open main level connecting the kitchen, dining area, and living room for easy everyday living and entertaining. The kitchen offers a clean, modern feel with plenty of workspace and storage, while a slider off the living room opens to a private patio for morning coffee, grilling, or relaxing at the end of the day. A convenient powder room completes the main floor. Upstairs, the primary suite includes a private bathroom, while the second bedroom and additional full bathroom offer flexibility for guests, a home office, or everyday living. Upstairs laundry keeps chores close to the bedrooms, and energy efficient mini splits provide year round heating and cooling. An exceptional 83 Walk Score puts daily conveniences within easy reach, with Multnomah Arts Center, Village Coffee, Fat City Cafe, Annie Bloom's Books, Grand Central Bakery, and the locally owned shops, dining, and services of Multnomah Village all nearby. Grab coffee, meet friends for a bite, browse neighborhood shops, or enjoy the Village without making every outing a drive. Thoughtfully positioned within this newly built community, this interior unit offers the same elevated design and efficient layout in a more value conscious price point. Every detail reflects the vision of a multi-year Street of Dreams builder, blending elevated design with everyday livability and backing every home with an exceptional warranty. This is how your home was meant to be. List price is for buyers eligible for Portland Housing Bureau's System Development Charge Exemption (SDC), an initiative promoting affordable housing across the City of Portland.

7564 SW 31st AVE, Portland

7585 SW Capitol HWY, Portland
$369,900
2 Beds ⋅ 2 Baths ⋅ 145504173 MLS
Phenomenal location meets fresh new construction with this thoughtfully designed 2 bedroom, 2½ bathroom condo offering 970 square feet just outside the heart of Multnomah Village. Step inside to a bright, efficient floor plan that makes excellent use of every inch, with an open main level connecting the kitchen, dining area, and living room for easy everyday living and entertaining. The kitchen offers a clean, modern feel with plenty of workspace and storage, while a slider off the living room opens to a private patio for morning coffee, grilling, or relaxing at the end of the day. A convenient powder room completes the main floor. Upstairs, the primary suite includes a private bathroom, while the second bedroom and additional full bathroom offer flexibility for guests, a home office, or everyday living. Upstairs laundry keeps chores close to the bedrooms, and energy efficient mini splits provide year round heating and cooling. An exceptional 83 Walk Score puts daily conveniences within easy reach, with Multnomah Arts Center, Village Coffee, Fat City Cafe, Annie Bloom's Books, Grand Central Bakery, and the locally owned shops, dining, and services of Multnomah Village all nearby. Grab coffee, meet friends for a bite, browse neighborhood shops, or enjoy the Village without making every outing a drive. Thoughtfully positioned within this newly built community, this interior unit offers the same elevated design and efficient layout in a more value conscious price point. Every detail reflects the vision of a multi-year Street of Dreams builder, blending elevated design with everyday livability and backing every home with an exceptional warranty. This is how your home was meant to be. List price is for buyers eligible for Portland Housing Bureau's System Development Charge Exemption (SDC), an initiative promoting affordable housing across the City of Portland.

7585 SW Capitol HWY, Portland

7581 SW Capitol HWY, Portland
$389,900
2 Beds ⋅ 2 Baths ⋅ 155670444 MLS
Phenomenal location meets fresh new construction with this thoughtfully designed 2 bedroom, 2½ bathroom condo offering 959 square feet and coveted end unit positioning just outside the heart of Multnomah Village. Step inside to a bright, efficient floor plan that makes excellent use of every inch, with an open main level connecting the kitchen, dining area, and living room for easy everyday living and entertaining. The kitchen offers a clean, modern feel with plenty of workspace and storage, while a slider off the living room opens to a private patio for morning coffee, grilling, or relaxing at the end of the day. A convenient powder room completes the main floor. Upstairs, the vaulted primary suite includes a private bathroom, while the second bedroom and additional full bathroom offer flexibility for guests, a home office, or everyday living. Upstairs laundry keeps chores close to the bedrooms, and energy efficient mini splits provide year round heating and cooling. An exceptional 83 Walk Score puts daily conveniences within easy reach, with Multnomah Arts Center, Village Coffee, Fat City Cafe, Annie Bloom's Books, Grand Central Bakery, and the locally owned shops, dining, and services of Multnomah Village all nearby. Grab coffee, meet friends for a bite, browse neighborhood shops, or enjoy the Village without making every outing a drive. The end unit location provides added separation from neighboring homes, while the street facing position gives the property a distinct presence within this newly built community. Every detail reflects the vision of a multi-year Street of Dreams builder, blending elevated design with everyday livability and backing every home with an exceptional warranty. This is how your home was meant to be. List price is for buyers eligible for Portland Housing Bureau's System Development Charge Exemption (SDC), an initiative promoting affordable housing across the City of Portland.

7581 SW Capitol HWY, Portland

7560 SW 31st AVE, Portland
$399,900
2 Beds ⋅ 2 Baths ⋅ 475714282 MLS
Phenomenal location meets fresh new construction with this thoughtfully designed 2 bedroom, 2½ bathroom condo offering 955 square feet and coveted end unit positioning just outside the heart of Multnomah Village. Step inside to a bright, efficient floor plan that makes excellent use of every inch, with an open main level connecting the kitchen, dining area, and living room for easy everyday living and entertaining. The kitchen offers a clean, modern feel with plenty of workspace and storage, while a slider off the living room opens to a private patio for morning coffee, grilling, or relaxing at the end of the day. A convenient powder room completes the main floor. Upstairs, the vaulted primary suite includes a private bathroom, while the second bedroom and additional full bathroom offer flexibility for guests, a home office, or everyday living. Upstairs laundry keeps chores close to the bedrooms, and energy efficient mini splits provide year round heating and cooling. An exceptional 83 Walk Score puts daily conveniences within easy reach, with Multnomah Arts Center, Village Coffee, Fat City Cafe, Annie Bloom's Books, Grand Central Bakery, and the locally owned shops, dining, and services of Multnomah Village all nearby. Grab coffee, meet friends for a bite, browse neighborhood shops, or enjoy the Village without making every outing a drive. The end unit location provides added separation from neighboring homes, while the street facing position gives the property a distinct presence within this newly built community. Every detail reflects the vision of a multi-year Street of Dreams builder, blending elevated design with everyday livability and backing every home with an exceptional warranty. This is how your home was meant to be. List price is for buyers eligible for Portland Housing Bureau's System Development Charge Exemption (SDC), an initiative promoting affordable housing across the City of Portland.

7560 SW 31st AVE, Portland

7937 SW 40TH AVE Unit #I, Portland
$169,950
1 Beds ⋅ 1 Baths ⋅ 379344760 MLS
Own in Multnomah Village for under $200,000! This bright, move-in-ready 1-bedroom condo offers an exciting opportunity to own in one of Portland’s most charming and walkable neighborhoods, just blocks from the shops, restaurants, coffee, and community of Multnomah Village, with Gabriel Park nearby.Fresh paint and new carpet throughout make this 712 square foot home feel fresh, bright, and welcoming. The smart, open floor plan lives larger than expected, with abundant natural light and plenty of thoughtful storage. The well appointed kitchen features wine storage, an eat-in bar, and a great connection to the living space. Sliding glass doors open to a covered porch that’s perfect for morning coffee, entertaining, or enjoying your own outdoor space year-round. Even better, the porch includes a walk-in storage closet, a rare and incredibly useful bonus for condo living.The generous bedroom features a walk-in closet with custom organizers, while the updated bathroom offers a stylish new vanity. A coat closet and laundry closet are conveniently located at the entry, keeping everyday essentials neatly tucked away. Your deeded parking space is located directly in front of the unit for maximum convenience.And the HOA delivers serious value, covering water, sewer, trash, and exterior maintenance, while also giving you access to the community pool and hot tub. Spend less time worrying about exterior upkeep and more time enjoying everything Multnomah Village has to offer. Under $200K, a prime Multnomah Village location, deeded parking, private outdoor space, pool + hot tub, and water, sewer and trash included in the HOA—this is an opportunity to own in one of Portland’s most desirable neighborhoods without the price tag you might expect. Come see why this condo is such a great way to make Multnomah Village your home!

7937 SW 40TH AVE Unit #I, 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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