Multnomah County, OR Real Estate Search

Multnomah County, OR Multi-Family Homes for Sale

Multnomah County, Oregon, boasts a vibrant real estate market, particularly in the multi-family home sector, which has become increasingly attractive to both investors and homebuyers alike. With the bustling urban atmosphere of Portland and the surrounding communities, multi-family homes offer a unique opportunity for those looking to generate rental income or accommodate extended family living arrangements. Properties in this area often feature a blend of historic charm and modern amenities, making them desirable for a wide range of potential occupants. The dynamic neighborhoods of Multnomah County, with their diverse amenities, parks, and proximity to transit options, continue to attract a steady influx of residents, further enhancing the appeal of multi-family homes for sale in the region.

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Newest Multnomah County, OR Multi-Family Homes for Sale

$6,250,000
5 Beds 6 Baths 261625030 MLS
Born from the grandeur of Portland's Golden Age, this iconic 1928 Willamette River estate stands as an enduring testament to an era when industrialists, publishers, civic leaders, and tastemakers gathered to influence the future of the Pacific Northwest. Known as the Jackson Mansion, the estate occupies a singular place in Portland history, its legacy forever intertwined with that of the famed West Hills Pittock Mansion. Both home to rival newspaper dynasties whose publishing empires influenced the political, cultural, and economic future of the region, making these landmark estates enduring symbols of Portland's prominence and influence. Evoking the great country houses of Normandy and the Loire Valley, the residence exudes quiet grandeur through steeply pitched rooflines and stately chimneys clad in richly detailed masonry. Formal parterre-style gardens frame the grounds, creating a sense of arrival befitting one of Portland's landmark estates. Set on more than two private acres in prestigious Dunthorpe, across the river from Waverley Country Club, the home captures the scale and permanence of a bygone age while embracing modern luxury through thoughtful interior updates by Maison Inc. and Shannon Christenberry. Sweeping Willamette River views provide a breathtaking backdrop throughout the residence, while direct river access offers a rare connection to the waterfront lifestyle that has long distinguished Portland's most coveted estates. One of the largest private docks on the Willamette River accommodates multiple boats and watercraft, creating an exceptional setting for life on the river. Whether hosting elegant gatherings, enjoying summer afternoons on the dock, or arriving home by boat, the estate embraces a level of waterfront living seldom found in the Pacific Northwest. Rich in provenance and impossible to replicate, this is more than a waterfront estate, it’s a legacy property and a defining piece of Portland's heritage.

11522 S RIVERWOOD RD, Portland

$1,079,000
3 Beds 2 Baths 606117187 MLS
Rare Original Single-Level Round-Top Floating Home | Oregon Yacht Club | Sellwood Waterfront Living 3 BD | 2 BA | approx 2000 SF Rare opportunity to own a beautifully preserved original round top floating home at Oregon Yacht Club, Portland‘s premier floating home community. Offering approx 1600 SF of living space, including a separate ADU back tender, plus approx 400 SF of storage/shop, this distinctive single-level residence blends historic character, comfortable living, and exceptional river views. The light filled interior showcases generous windows capturing sweeping views of the Willamette River. The open main living area provides an inviting space for relaxing or entertaining with direct access to expansive decks ideal for enjoying life on the water. The home includes three bedrooms, two full bathrooms, a spacious living room, dining area, and an updated kitchen with ample storage and workspace. Outdoor living is a highlight, with multiple deck spaces offering front row access to Portland’s waterfront ecosystem. Watch heron, osprey, bald eagles, river otters, and passing watercraft from your own floating retreat. Located within the gated Oregon Yacht Club (OYC), residents enjoy a unique lifestyle surrounded by nature, while remaining minutes from Sellwood shops, restaurants, parks, and the Springwater Corridor Trail. Ownership also includes access to OYC’s eight acres of adjacent property, including gated parking lot, community garden, trails, and boatyard/storage area. A rare chance to own a piece of Portland floating home history in an exceptional waterfront setting.

6901 SE Oaks Park WAY Unit #16, Portland

$649,997
4 Beds 3 Baths 219320746 MLS
Beautifully maintained home with evident pride of ownership throughout. Recent improvements include a newer roof and BRAND-NEW A/C for year-round comfort. The flexible floor plan includes a bedroom on the main level, three additional bedrooms upstairs, and two finished lower-level rooms offering excellent space for hobbies, home offices, exercise, crafts, storage, or other uses. The home's versatile layout may also offer possibilities for multi-generational living, rental income, or future ADU-type use, subject to buyer verification of zoning, permitting, and applicable requirements.The backyard offers a unique blend of beauty and functionality. A spacious covered deck provides a welcoming outdoor living area, accented by mature Concord grape vines thoughtfully trained along the deck roofline—a distinctive feature lovingly cultivated over the years. Established garden beds, productive growing areas, mature landscaping, and a detached garage reflect the care and attention invested in the property over time. An expansive storage shed behind the garage provides exceptional space for tools, equipment, hobbies, or seasonal storage. Whether gardening, entertaining, or simply enjoying the outdoors, the backyard provides a truly special setting. Conveniently located near parks, shopping, dining, transit, and everyday amenities. OPEN HOUSE Sunday 8/2 12-2pm [Home Energy Score = 3. HES Report at https://rpt.greenbuildingregistry.com/hes/OR10249227]

8912 SE CLAY ST, Portland

$629,000
3 Beds 3 Baths 538812109 MLS
Modern luxury meets exceptional functionality in this thoughtfully designed contemporary home offering style, comfort, and flexibility. A rare private elevator provides effortless access between levels, creating convenient and accessible living throughout.The light-filled interior showcases high ceilings, clean architectural lines, polished concrete floors, and radiant floor heat throughout the home for year-round comfort. A brand-new boiler efficiently serves both the radiant heating system and domestic hot water. The open-concept main living spaces are designed for entertaining, with seamless flow between the gourmet kitchen, dining area, and living room.A standout feature is the versatile main-level suite with private ensuite bath, ideal for a live/work arrangement, home office, guest quarters, creative studio, or multigenerational living. This flexible space offers privacy while remaining connected to the home's primary living areas.Upstairs, spacious bedrooms provide comfortable retreats, with the added convenience of a washer and dryer located on the same floor. The primary suite features generous storage and thoughtfully selected finishes designed for everyday luxury.Enjoy Portland's beautiful seasons from the private upper-level deck, perfect for morning coffee, outdoor dining, entertaining, or relaxing above the neighborhood. Additional amenities include an attached garage with Tesla charger, brand-new roof, and numerous recent system updates that enhance both efficiency and peace of mind.Ideally located in Portland's desirable Irvington area, you'll enjoy easy access to neighborhood parks, cafés, restaurants, and shopping. Just minutes from the Broadway, Fremont, and Alberta districts, known for their vibrant dining scenes, boutiques, and entertainment. Convenient access to downtown Portland and major commuter routes completes this exceptional offering, blending modern living with urban convenience. [Home Energy Score = 6. HES Report at https://rpt.greenbuildingregistry.com/hes/OR10166657]

506 NE SACRAMENTO ST, Portland

$569,900
3 Beds 2 Baths 353601564 MLS
This polished 2019-built Portsmouth home blends modern construction with thoughtful character in one of North Portland’s most connected neighborhoods. Step inside to hardwood floors, crisp millwork, crown molding, and wainscoting that give the main level a refined yet welcoming presence.Large windows and an open floor plan fill the space with natural light, flowing easily into a kitchen built for real life — shaker hickory cabinets, warm wood tones, stainless steel appliances, and generous room for morning coffee, casual gatherings, and easy entertaining. A gas fireplace anchors the living space with cozy warmth, while well-maintained systems, a tankless water heater and central air keep things effortlessly low-maintenance. A perfect 10/10 Home Energy Score speaks to the quality and efficiency of the home’s systems throughout.Upstairs, a versatile mezzanine offers flexible space for work or retreat, with ample storage that carries throughout every level of the home.  The calm, spacious primary suite features a tray ceiling and dual-vanity tiled bath. The third-floor loft is the home’s standout — a light-filled perch with a peek-a-boo Mt. St. Helens view and the flexibility to become a bedroom, yoga studio, craft room  or media room.The backyard becomes your own private retreat. A covered patio keeps grilling easy on rainy Portland days, while the extended paver patio and tranquil garden backdrop set the scene for al fresco dinners under the stars, slow weekend mornings with coffee in hand, and relaxed evenings that stretch well into the night. It’s the kind of outdoor space that quietly becomes your favorite room.The location seals the deal. Walk to Living Room Wines,  New Seasons, Pómalo, Lombardo’s Pizzeria, & food carts.  Kenton, St. Johns, University of Portland, McCoy Park, Northgate Park, and 35-Acre Columbia Park/Annex are nearby. With a 99 Bike Score and 76 Walk Score, this is North Portland living at its best. [Home Energy Score = 10. HES Report at https://rpt.greenbuildingregistry.com/hes/OR10177239]

7955 N COURTENAY AVE, Portland

$1,575,000
2 Beds 2 Baths 794072663 MLS
Exquisite by name, unforgettable by nature ? Some Condominiums make a statement... This one makes a Grand Entrance! You can have it all: front-row seat to the best of Portland Waterfront living and a full view of Mt. Hood. RARE Waterfront Luxury with Unmatched Views | It is not just a home, it is a "LifeStyle" Welcome to an exceptional opportunity to own a true gem in Portland's iconic Strand North Tower. Perfectly positioned on the 5th floor—known as the "Sweet Spot" - this pristine, fully updated luxury condominium offers a full, unobstructed panoramic view of the Willamette River, Mt. Hood, and Mt. St. Helens. Watch the sunrise light up the water and mountains through your wall of windows, and with a click of a button, open the remote-controlled electric blinds. This thoughtfully designed unit features a spacious, open-concept layout with two primary suites, a flexible office or sitting area, and a chef-inspired gourmet kitchen—ideal for entertaining or everyday living. The seamless flow, upscale finishes, and extensive upgrades throughout create a sense of elegance and convenience. Enjoy the ultimate in urban living with The Strand's prime location—steps to the waterfront, shops, parks, restaurants, and cultural hubs. Secure building access, concierge services, and convenient parking complete the luxury lifestyle. Don't miss this rare offering—Waterfront. Views. Location. Live where the city meets the river for Urban Living at its Finest.** Completely updated plus new heat pump **

1900 S RIVER DR Unit #502, Portland

$624,900
3 Beds 2 Baths 309197621 MLS
Located on what may be the neighborhood's best non-lakefront lot, and backing to protected wetland greenspace, this tastefully finished Fairview residence offers a rare mix of seclusion & inclusion, along with territorial views filtered through a picturesque corridor of trees & shoreline habitat. Frequent visitors include eagles, geese & an ever-changing cast of native wildlife, creating a setting that feels removed from the bustle, yet remains remarkably well connected. Designed for everyday living & entertaining, the main level features a light-filled great room, a dedicated den, a versatile bonus room (currently configured as a bedroom), plus a convenient half bath. Upstairs, you'll find 3 additional bedrooms, including a spacious primary suite featuring its own gas fireplace, private balcony & recently renovated bathroom retreat, plus 2 additional bathrooms for family members & guests alike. Outdoor living is equally inviting. Enjoy morning coffee beneath the gazebo, host summer gatherings on the recently refinished deck, or simply unwind while overlooking the peaceful greenbelt beyond the backyard. The connection to the surrounding landscape is one of this property's defining qualities. Over the past few years, the home has benefited from extensive improvements, including a newer roof & water heater, fresh interior finishes, updated LVP flooring, carpeting, wood flooring, decking, plus a beautifully appointed bathroom suite, along with numerous custom upgrades throughout. Located near Fairview Lake, Blue Lake Regional Park, Chinook Landing Marina, miles of recreation trails & the spectacular Columbia River Gorge, this home places outdoor adventure within easy reach. Convenient access to I-84 connects you to downtown Troutdale, both Troutdale and Portland International Airports, as well as the surrounding PDX metro area. Come check out life by the lake in this quietly upscale neighborhood, renowned for its privacy, accessibility & peaceful setting.

3902 NE 203RD AVE, Fairview

$694,900
502854669 MLS
Rare University Park development opportunity offering two separate parcels totaling approximately .18 acres within desirable R2.5 zoning. Demolition of the existing improvements is underway, creating a prime infill development site in one of North Portland’s most sought after neighborhoods. Positioned to capitalize on the flexibility afforded by Portland’s Residential Infill Project, the property presents an exceptional opportunity for builders and developers considering cottage style housing, missing middle development, or other permitted residential uses. Preliminary concepts suggest the potential for six to eight cottage homes, with additional development scenarios potentially available subject to buyer verification. The site offers the foundation for a future cottage community where elevated craftsmanship becomes everyday living. Development ready opportunities of this scale and location are increasingly difficult to find in established Portland neighborhoods. Located just moments from the University of Portland, the site offers convenient access to parks, dining, coffee shops, neighborhood retail, transit, and major commuter routes, along with the vibrant amenities of St. Johns, Kenton, Lombard, and the broader North Portland corridor. Buyer to perform all due diligence regarding the development and redevelopment potential of the property. Inquire for additional information regarding proposed development concepts and plans.

7218 N JORDAN AVE, Portland

$1,095,000
5 Beds 6 Baths 330238071 MLS
Exceptional opportunity to own this truly unique custom-built home, perfectly situated in a peaceful, quiet neighborhood with convenient access to shopping, dining, schools, and major commuter routes. Welcoming antique entry doors set the tone for the character and craftsmanship found throughout this remarkable property.The main residence offers 4 bedrooms and 4 full bathrooms, complemented by a separate 1-bedroom, 1-bath ADU with its own private entrance—ideal for multigenerational living, guests, rental income, or a home office. Set on a beautifully landscaped 0.35-acre park-like lot, the outdoor spaces are designed for relaxation and enjoyment, featuring a tranquil water feature, hot tub, meandering pathways, storage sheds, RV hookup, and an expansive paver driveway with room for multiple cars. The main-level primary suite is a rare retreat, featuring dual walk-in closets and two private bathrooms. The inviting living room showcases a newer wood stove and flows seamlessly into the spacious dining area. A bright, sun-filled kitchen offers modern amenities, abundant workspace, and excellent functionality for everyday living and entertaining with stunning territorial views from multiple rooms and decks. An additional bedroom and full bath complete the main level. Upstairs, you'll find two generously sized bedrooms, two full bathrooms, and an expansive bonus room with its own private deck. This versatile bonus room could easily be converted into a second primary suite with a full bath and walk-in closet. The detached ADU includes a living room, kitchenette, bedroom, full bathroom, and separate entrance, providing outstanding flexibility and value. A rare combination of privacy, character, views, and versatility, this one-of-a-kind property is ready to welcome you home.

12436 SW 58TH AVE, Portland

$2,350,000
5 Beds 5 Baths 448842431 MLS
Approaching its 100th anniversary, this romantic Dunthorpe estate, built in 1927 for one of the area’s early families whose land helped shape Riverdale School, blends historic character with thoughtful modern updates. Located steps from top-rated Riverdale Grade School, this estate has long been woven into the history of the community. The property is situated on 1.31 beautifully landscaped acres with Mt. Hood views, expansive lawns, terraces, a gazebo, a sparkling 20 x 40' swimming pool with automated cover, and a zip line. The storied and timeless interiors offer soaring ceilings, formal and casual living spaces, two sunrooms, a bright kitchen with caterer's pantry, separate guest or live-in quarters, spacious bedroom suites, a finished attic studio, and a daylight lower level with flexible bonus space. Original details include restored wood-framed windows, custom millwork, a laundry chute, ample storage, and a collection of hidden compartments waiting to be discovered, all reflecting the home's enduring craftsmanship and charm. The grounds are equally suited for everyday enjoyment and entertaining, featuring a beautiful garden along with multiple outdoor spaces for gathering, recreation, and taking in the Mt. Hood views. Recent improvements include a new roof (2025), two separate air-conditioning systems serving the upper level and key main-floor living areas, extensive recent pool system and equipment updates, and numerous additional improvements throughout. Smart home features, a generator transfer switch, and a three-car garage add to the home's modern livability. Minutes to Portland and vibrant Lake Oswego amenities, this is a rare opportunity to own a special piece of Dunthorpe history!

2030 S MILITARY RD, Portland

$334,900
2 Beds 2 Baths 540416448 MLS
Hello there, future homeowner—I've been waiting for you. I'm a newly constructed 2-bedroom, 2.5-bath cottage, thoughtfully designed to bring style, comfort, & function together in one beautiful package. Nestled in a quiet, welcoming community near Portland’s beloved Beaumont-Wilshire neighborhood & just steps from Wilshire Park, I offer 835 square feet of living space that feels open, bright, & easy to love. Step inside & you'll find my great room floor plan—flexible, airy, & filled with natural light thanks to my soaring ceilings & expansive picture windows. My gourmet kitchen is ready for your favorite recipes & late-night snacks, with stainless steel appliances, sleek solid surface countertops, custom cabinetry, & tile backsplash that’s as stylish as it is functional. Every corner of me is finished with care—from my designer light fixtures to the modern hardware & contemporary materials that tie everything together with a sense of polish and sophistication. Upstairs, I’ll greet you with a spacious primary suite & ensuite bath, plus a second bedroom, a full hall bath, & a laundry closet—all with the same lofty ceilings & thoughtful design. Best of all, my location is hard to beat. I sit at NE 42nd & Going, right in the heart of one of Northeast Portland’s most vibrant & connected neighborhoods. You’re only steps from great dining, cozy cafés, local shops, and community favorites like Beaumont Village & Wilshire Park. With nearby access to the Hollywood District, multiple bus lines, & a Bike Score of 96, getting anywhere—on two wheels or otherwise—is a breeze. My purchase price is subject to you qualifying for the Portland Housing Bureau's SDC program. Don't worry, my people are experts! I may be new, but I’m ready to be yours. Let’s start this next chapter together. [Home Energy Score = 10. HES Report at https://rpt.greenbuildingregistry.com/hes/OR10242758]

4380 NE Going ST, Portland

$2,100,000
6 Beds 4 Baths 584552834 MLS
OPEN HOUSE SAT 7/25 1:00-3:00. Renowned Alameda "Otto Mikkelsen House," designed and built by A.C. Emery & Co. in 1909, is a rare offering of architectural significance and timeless elegance. Prominently positioned on an impressive corner lot bordering Alameda's Ridge, elevated above the street and surrounded by beautifully landscaped grounds enclosed by a wrought iron gate, the property commands an exceptional presence. Meticulously restored, the home showcases exceptional craftsmanship, character, and enduring beauty. A gracious entry framed by French doors and adorned with a striking marble pinwheel floor introduces expansive formal living spaces. The impressive living room features a fireplace, bay window, French doors, abundant natural light, and dramatic box beam ceilings. Exceptional millwork, rich woodwork, and remarkable period details define the home's interiors. The formal dining room flows seamlessly into the updated kitchen, which opens to a cozy breakfast room with fireplace.The luxurious primary ensuite features a dressing room and walk in closet, while the expansive attic level offers a fourth bedroom, full bath, and generous office with French doors opening onto a covered balcony. The finished lower level provides flexible living space.Outside, mature landscaping and expansive outdoor spaces create a private setting in one of Portland's most sought-after neighborhoods. A rare opportunity to own one of Alameda's landmark homes. [Home Energy Score = 6. HES Report at https://rpt.greenbuildingregistry.com/hes/OR10186568]

2517 NE HAMBLET ST, Portland

$199,000
1 Beds 1 Baths 557042523 MLS
Experience the best of Northwest Portland living in this charming 1-bedroom, 1-bath condo located in the historic Royal Arms Condominium, ideally situated in Portland's highly sought-after Alphabet District. Offering 618 square feet of comfortable living space, this fourth-floor unit features an open layout, durable laminate flooring, a private balcony, and a kitchen with all appliances included.The secure building offers elevator access, bike storage, on-site laundry, and classic architectural character, providing a low-maintenance lifestyle in one of Portland's most walkable neighborhoods.Enjoy an unbeatable location just blocks from the Pearl District, Nob Hill, Slabtown, NW 21st and NW 23rd Avenue, Providence Park, Forest Park, Legacy Good Samaritan Medical Center, and the Portland Streetcar. Surrounded by local restaurants, coffee shops, breweries, boutiques, parks, grocery stores, and public transit, you'll have easy access to everything that makes Northwest Portland one of the city's most desirable places to live.With no rental cap, this property offers exceptional flexibility for homeowners and investors alike. Whether you're looking for a primary residence, a long-term investment property, or a Portland pied-à-terre, this condo provides an outstanding opportunity in a location known for its strong rental demand and lasting appeal.If you've been searching for an affordable Portland condo with historic charm, modern convenience, walkability, and exceptional access to downtown amenities, this is one you won't want to miss.

1829 NW LOVEJOY ST Unit #408, Portland

$1,625,000
211615530 MLS
SE 130th Avenue Apartments is a unique 8-unit multifamily investment opportunity located in Portland’s Mill Park neighborhood of SE Portland. Situated on approximately 0.77 acres, the property offers a low-density residential setting consisting of a diverse mix of duplexes, a triplex, and a freestanding single-family home, creating an attractive alternative to traditional apartment product in the East Portland market.The property includes seven spacious 2-bedroom/1-bath apartment units averaging approximately 950 square feet, along with a separately situated 2,600 square foot 3-bedroom/2-bath single-family residence featuring a full basement and private fenced backyard. The diverse unit mix provides investors with an appealing blend of apartment and residential-style living environments that are increasingly difficult to replicate in today’s development environment.The apartment units feature an attractive amenity package including private enclosed patio areas, in-unit washer/dryer hookups with owner-provided appliances, ductless mini-split heating and air conditioning systems, insulated vinyl windows, and upgraded luxury vinyl plank flooring throughout many of the interiors. The spacious floorplans offer bright living areas with strong natural light and functional layouts designed for comfortable day-to-day living. The combination of larger unit sizes, air conditioning, private outdoor spaces, and in-unit laundry amenities has contributed to strong tenant demand and long-term resident retention.The freestanding home has undergone extensive renovations, including a full interior remodel completed in 2022 featuring updated flooring, refinished hardwood floors, new kitchen appliances, masonry waterproofing improvements, a newer roof installed in 2021, updated gas furnace in 2019, and a new gas fireplace insert.

1401 SE 130TH AVE, Portland

$299,900
2 Beds 2 Baths 773694345 MLS
Tucked into the center of this new North Humboldt collection, I offer a polished modern retreat with an efficient layout, private outdoor space, and easy access to some of North Portland’s most connected amenities. My interior position creates a more tucked away feel from the street, while my open main level keeps the home bright, connected, and comfortable. High ceilings, recessed lighting, and large windows bring energy to the living, dining, and kitchen spaces, creating a natural flow for relaxing, hosting, or working from home. My kitchen anchors the main level with extensive custom cabinetry, stainless steel appliances, solid surface countertops, a peninsula with eat bar, and a stylish tile backsplash. Upstairs, two well separated bedrooms each include their own ensuite bathroom, giving both rooms privacy and everyday function. One ensuite features a walk in tiled shower, while the other includes a tub with tile surround for added flexibility. I keep things comfortable year round with energy efficient mini splits, and my covered patio and fenced yard extend the home outdoors with space to unwind, dine, or enjoy fresh air. From here, you are ~0.6 mi to New Seasons Market, ~0.4 mi to Peninsula Park, and ~0.7 mi to the shops, cafes, and restaurants along North Mississippi Avenue, placing groceries, green space, dining, coffee, and local nightlife close by. Built by a respected local boutique builder known for efficient design and quality craftsmanship, I also include a one year builder warranty for added peace of mind. My 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. If you're not familiar with the program, they're experts and are happy to guide you. [Home Energy Score = 10. HES Report at https://us.greenbuildingregistry.com/green-homes/OR10243136]

5866 N MISSOURI AVE Unit #4, 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.