PEARL DISTRICT Homes under $400,000

PEARL DISTRICT Homes under $400,000

Welcome to the Pearl District, one of Portland, Oregon's most vibrant and sought-after neighborhoods. Nestled in the heart of Multnomah County, this dynamic area is renowned for its unique blend of urban sophistication and artistic charm. Once an industrial hub, the Pearl District has transformed into a thriving community filled with art galleries, trendy boutiques, and an array of dining options that cater to every palate.

For those seeking an affordable entry into this desirable neighborhood, you'll be pleased to discover that homes are available for under $400,000. This is a rare find in such a prime location, making it an ideal opportunity for first-time homebuyers, young professionals, or anyone looking to invest in the Portland real estate market. These homes often feature modern amenities, open floor plans, and proximity to parks and public transportation, ensuring that residents can enjoy the best of city living without sacrificing comfort.

Imagine waking up to the vibrant energy of the Pearl District, where you can take a leisurely stroll through the nearby parks, savor a coffee at a local café, or immerse yourself in the eclectic art scene. The neighborhood is also home to a plethora of events and festivals throughout the year, fostering a strong sense of community among residents.

Whether you're looking for a cozy condo or a charming townhouse, the Pearl District offers a unique lifestyle that combines convenience and culture—all at an affordable price point. Don’t miss your chance to become part of this thriving community!

Newest PEARL DISTRICT Homes under $400,000

1011 NW GLISAN ST Unit #203, Portland
$369,000
1 Baths ⋅ 666173557 MLS
Welcome to your dream urban oasis in Portland's coveted Pearl District! This exquisite NY-style studio loft is the epitome of modern city living, offering a perfect blend of sophistication, convenience, and style. As you step inside, you'll be immediately struck by the sense of space and light that defines this loft. The open concept floorplan creates a seamless flow between living, dining, and sleeping areas, making it ideal for modern living. This studio has been meticulously designed with attention to detail. The kitchen is a true culinary masterpiece, designed for both form and function. It boasts top-of-the-line, high-end appliances that will satisfy even the most discerning chef. Stainless steel finishes, sleek cabinetry, and ample counter space make cooking a joy in the space. Living in this unit allows you to experience the best of Portland's urban lifestyle. Enjoy easy access to top-notch restaurants, art galleries, boutiques, and parks, just minutes away.

1011 NW GLISAN ST Unit #203, Portland
618 NW 12TH AVE Unit #303, Portland
$269,000
1 Beds ⋅ 1 Baths ⋅ 530769841 MLS
Wonderful natural light and high ceilings highlight this one bedroom Pearl District residence. Enjoy the open east facing view through the floor-to-ceiling balcony glass door, slider and transom windows. Stainless refrigerator, dishwasher, new stainless range and microwave. Double closet in bedroom area and great storage along the entry hall. Included washer/dryer located in bathroom. Newer furnace and A/C with Smart thermostat. The eastside units enjoy quieter living with the building's private driveway below instead of a city street. Remarkable exterior redesign of Hoyt Commons completed in 2022 - the transformed building includes new siding, windows, doors, deck surface & railings. Includes a secure parking space and storage. Lower the amount of lender financing needed with the opportunity to assume HOA loan as a portion of the purchase price at a significantly lower interest rate. Live where the Pearl District began!

618 NW 12TH AVE Unit #303, Portland
1314 NW IRVING ST Unit #605, Portland
$325,000
1 Beds ⋅ 1 Baths ⋅ 436061601 MLS
Experience the unique character and endless possibilities of Irving St. Lofts, one of the Pearl District’s most iconic warehouse conversions. Perched on the sixth floor, this spacious loft captures views of downtown Portland and the surrounding Pearl neighborhood while blending authentic industrial architecture with the comforts of modern living. Sunlight pours through expansive windows, illuminating soaring ceilings and beautifully polished/stained concrete floors that reflect the building’s historic roots. Stainless steel appliances complement the open living space, while the rare addition of central air conditioning provides year-round comfort—an uncommon and highly desirable feature within the building. What truly sets this property apart is its exceptional versatility. Zoned EX (Central Employment) and located in a building that welcomes commercial and office use, the space offers remarkable flexibility for those seeking a sophisticated urban residence, creative studio, professional office, or a seamless combination of all three. Whether you’re an entrepreneur, artist, designer, consultant, or simply someone who values adaptable space in an unbeatable location, this loft is designed to evolve with your vision. Beyond the unit itself, residents and business owners enjoy access to a spectacular rooftop deck showcasing panoramic 360-degree views of the Portland skyline, surrounding mountains, and cityscape. One secure parking space, a meeting room and employee restrooms located on the second floor further enhance the property’s live/work appeal. Situated in the heart of the Pearl District with an outstanding Walk Score of 99, you’ll find Portland’s finest dining, shopping, galleries, parks, and nightlife just outside your door. From morning coffee at a neighborhood café to evening strolls through the historic warehouse district, this is urban living at its finest.

1314 NW IRVING ST Unit #605, Portland
1030 NW 12TH AVE Unit #130, Portland
$269,000
1 Beds ⋅ 1 Baths ⋅ 334937102 MLS
Experience elevated urban living at Streetcar Lofts, where thoughtful design and modern style make the most of every inch. Soaring ceilings, expansive windows and an open-concept layout create a light-filled, airy environment that lives large. Located in the heart of Portland’s sought after neighborhood of Pearl District, you’ll enjoy immediate access to cafés, galleries, many dining choices, First Thursday art events, and convenient streetcar transit just steps from your door. Enjoy the well-maintained amenities, including a serene, landscaped courtyard, a fully equipped fitness center, secure parking and welcoming common areas. Simply your lifestyle in the city that you have been looking for is right here!

1030 NW 12TH AVE Unit #130, Portland
1400 NW IRVING ST Unit #615, Portland
$264,000
1 Beds ⋅ 1 Baths ⋅ 145842864 MLS
Welcome to The Avenue, one of the Pearl District's most beloved historic warehouse conversions. This upper floor studio lives large with soaring 13+ foot ceilings, a dramatic wall of grid pattern windows, and city views that fill the space with natural light all day long. 13" concrete floors make it exceptionally quiet. The open floor plan features hardwood floors throughout, stainless steel appliances, a free standing range, built in dishwasher, custom closet organizers, and in unit washer and dryer. Deeded parking included. Building amenities include a gym, common atrium, and meeting room. A walkable Pearl location with a Walk Score of 98 puts you steps from Portland's best parks, restaurants, and shopping. This is urban living done right.

1400 NW IRVING ST Unit #615, 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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