SOUTH WATERFRONT / MERIWETHER Homes under $700,000

SOUTH WATERFRONT / MERIWETHER Homes under $700,000

Welcome to South Waterfront / Meriwether, one of Portland, Oregon's most vibrant and picturesque neighborhoods! Nestled along the banks of the Willamette River, this remarkable subdivision offers a unique blend of urban living and natural beauty, making it a sought-after destination for homebuyers.

The South Waterfront area is characterized by its stunning waterfront views, lush green parks, and modern architecture. Residents enjoy easy access to the scenic waterfront paths, perfect for leisurely strolls, biking, or simply soaking in the breathtaking views of the river and the iconic Portland skyline. The neighborhood is also conveniently located near the bustling South Waterfront District, where you’ll find an array of restaurants, cafes, and shops that cater to a diverse range of tastes.

For those seeking a home in this desirable area, you'll be pleased to know that there are fantastic options available for under $700,000. These homes often feature contemporary designs, spacious layouts, and access to community amenities that enhance the overall living experience. Whether you're a first-time homebuyer, a young professional, or looking to downsize, the South Waterfront / Meriwether area offers a variety of choices to suit your lifestyle.

With its perfect combination of urban convenience and natural beauty, South Waterfront / Meriwether is not just a place to live; it’s a community to thrive in. Explore the possibilities of calling this enchanting neighborhood home, where the river meets the city, and your dreams can unfold!

Newest SOUTH WATERFRONT / MERIWETHER Homes under $700,000

819 S PENNOYER ST, Portland
$655,000
2 Beds ⋅ 2 Baths ⋅ 430640557 MLS
Huge price improvement! A slower kind of city living starts the moment you step outside — no cars, no traffic, just a quiet, tree-lined street that feels more like a village lane than a city block. This Meriwether townhome in South Waterfrontunfolds across three light-filled levels, each one designed to feel like a retreat. The front door opens to a first floor entry, a guest bedroom with full bath for guests or a home office, withdirect access to your attached 1-car garage and storage. The second floor is built for gathering, with hardwood floors, a kitchen with bar seating, a pantry, and a wine fridge opening onto a balcony perfect for morning coffee. The entire top floor belongs to you alone — a primary suite with a soaking tub,walk-in shower, double vanity, walk-in closet, and private balcony where partial river views catch the evening light. The Meriwether amenities include full-time lobby concierge, resident lounge for private gatherings, and an on-site guest suite, community spaces, a park, and bocce ball court. Plus the HOA pays for water, sewer, trash, and natural gas. Beautifully updated and designed home with gas fireplace, 3 terraces and premium finishes, set in one of Portland’s most walkable neighborhoods, you’re just steps from the riverfront trail, dog park, great area for walking and biking, restaurants, OHSU tram, and Streetcar - everything you need for effortless urban living. Seller is very motivated and will consider all offers and requests for rate buy down credit.

819 S PENNOYER ST, 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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