Portland, OR Real Estate Search

Portland, OR Multi-Family Homes for Sale

Portland, Oregon, is known for its vibrant neighborhoods and diverse housing options, making it an attractive market for multi-family homes. These properties provide a unique opportunity for investors seeking to capitalize on the city's growing demand for rental units due to its expanding population and booming job market. Multi-family homes in Portland often feature a mix of classic architecture and modern design, catering to various tenant preferences. Areas like North Portland and the Mississippi District are particularly sought after, offering a blend of community amenities, nearby public transportation, and access to local parks. Whether targeting seasoned investors or first-time buyers, the multi-family real estate market in Portland presents appealing prospects for generating rental income while enjoying the charm of this Pacific Northwest gem.

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Newest Portland, OR Multi-Family Homes for Sale

$519,900
3 Beds 3 Baths 208460423 MLS
Brand new in South Portland with a main level bedroom and full bath, dedicated off street parking via the driveway/parking pad, a fenced backyard and covered patio, this thoughtfully designed 3 bedroom, 3 full bathroom home offers flexibility on both levels. Step inside to an open kitchen, dining and living area with direct access to the covered patio and private outdoor space. The kitchen pairs painted shaker cabinetry with slab counters, a full height backsplash, stainless steel Whirlpool appliances, and black fixtures, while detailed millwork and wainscoting add character throughout the main living spaces. The main level bedroom creates useful separation for guests, work from home or flexible daily living, with a full bath conveniently nearby. Upstairs, the primary bedroom features a coffered ceiling with crown molding and private bath, joined by a second bedroom, full hall bath and convenient laundry area. Outside, low maintenance landscaping keeps the fenced yard manageable while still giving you room to relax, and the covered patio extends the living space for year round outdoor enjoyment. Minisplit heating and cooling add comfort and practicality. Unlike many other new construction homes, I am not a condo and have no HoA. Upon final recording of the land division, ownership will include the underlying lot with no additional monthly association dues. Enjoy an amenity rich South Portland location near Fulton Park with its playground, basketball court, soccer field, paths and community garden. Nearby Willamette Park adds riverfront paths, tennis courts, a dog off leash area and boat access along the Willamette Greenway Trail. John's Landing dining, coffee and everyday shopping are close by, with convenient access to the Sellwood Bridge, OHSU, Barbur Blvd, I-5 and downtown Portland. A 2-10 Builder Warranty is included at closing for added peace of mind.

7250 SW 1st AVE, Portland

$1,039,900
691525774 MLS
Two brand new South Portland residences offered together create a flexible investment opportunity with 6 bedrooms and 6 full bathrooms across two matching homes. The side-by-side configuration opens the door to multiple ownership strategies: occupy one residence and lease the other for supplemental income, hold both as long-term rentals, or use the second home as a separate but nearby living space for an extended household, guests or changing needs over time. Each 3 bedroom, 3 bath residence offers a main level bedroom and full bath, open kitchen, dining and living spaces, an upstairs primary suite, second upstairs bedroom and full hall bath. Painted shaker cabinetry, slab counters, full height kitchen backsplashes, stainless steel Whirlpool appliances, black fixtures and detailed millwork give both interiors a polished, cohesive finish. Each home also includes dedicated off street parking via its driveway/parking pad, a fenced backyard and covered patio, pairing private outdoor space with low maintenance landscaping and a manageable yard size. Minisplit heating and cooling, individual laundry areas, separate street addresses and no HoA add everyday convenience and long term flexibility for an owner occupant or investor. Whether the goal is to offset housing costs with rental income, create two independent rental streams or maintain two separate residences in one location, this property offers options that are difficult to replicate with a traditional duplex. Enjoy a South Portland location near Fulton Park, Willamette Park and the Willamette Greenway Trail, with John's Landing dining, coffee and everyday shopping nearby plus convenient access to the Sellwood Bridge, OHSU, Barbur Blvd, I-5 and downtown Portland. 2-10 Builder Warranty coverage is included at closing.

7252 SW 1st AVE, Portland

$2,059,900
721738351 MLS
Four brand new South Portland residences across two matching buildings create a rare opportunity to acquire an entire new construction rental portfolio in one location. With four separate 3 bedroom, 3 full bathroom homes, the property offers multiple investment strategies: lease all four for diversified rental income, occupy one residence while renting the remaining three to help offset ownership costs, or create a flexible combination of personal use and long term rentals. Each home features a main level bedroom and full bath, open kitchen, dining and living spaces, an upstairs primary suite, second upstairs bedroom and full hall bath. Painted shaker cabinetry, slab counters, full height kitchen backsplashes, stainless steel Whirlpool appliances, black fixtures and detailed millwork give each residence a polished, consistent finish. The 7250/7252 building offers dedicated driveways for off street parking, while 7260/7262 feature larger fenced yards with lawn space. All four homes include covered patios, private outdoor areas, minisplit heating and cooling, individual laundry areas and separate street addresses. No HoA or monthly association dues helps keep the ownership structure straightforward. Located in South Portland near Fulton Park, Willamette Park and the Willamette Greenway Trail, with John's Landing dining, coffee and everyday shopping nearby plus convenient access to the Sellwood Bridge, OHSU, Barbur Blvd, I-5 and downtown Portland. 2-10 Builder Warranty coverage is included at closing.

7262 SW 1st AVE, Portland

$670,000
4 Beds 2 Baths 660462898 MLS
Set on a classic Concordia block, this 4 bedroom, 2 bath craftsman blends original character with the updates today's buyers want. Abundant natural light runs through every room, and the layout moves easily from large front porch to backyard oasis.Step inside to a wood-burning fireplace anchoring the living room, original hardwood floors on the top two levels, and a dining room with box beam ceilings that opens through French doors onto a large deck. The kitchen has been outfitted with stainless steel appliances, a gas range, quartz counters, and generous cabinetry.Central A/C keeps things comfortable through Portland summers.Upstairs, three bedrooms with custom closets and a full bath. The finished basement adds a private 4th bedroom, a second bathroom with heat lamp, and a dedicated laundry/utility room — ideal for guests, a home office, or multigenerational living. Exterior entrance makes it ideal for an ADU conversion. The home has been thoughtfully updated with too much to list here so please see attached list. Out back is where this home really shines: a paver patio with pergola and electricity, large deck off of the kitchen and dining room, and bocce court turn the yard into genuine living and entertaining space, not just a lawn to mow. The home is located three blocks to the Alberta Arts District, and also the NE Killingsworth and 30th “hub” both full of restaurants, galleries, yoga studios, music venues, and shops. It sits six blocks to New Seasons grocery, and close to Alberta Park, Vernon and Faubion schools, and the University of Oregon’s Portland campus. Easy access to bus lines and a quick ride to downtown or the airport. [Home Energy Score = 5. HES Report at https://rpt.greenbuildingregistry.com/hes/OR10080911]

5617 NE 27TH AVE, Portland

$1,250,000
7 Beds 3 Baths 553425509 MLS
Open House Sunday 9/6 from 1 - 3pm! Set on Bull Mountain with beautiful mountain views, this expansive 7-bedroom, 3.5-bath residence offers over 4500 sq ft of refined living space, on a .25 acre lot with a useable flat backyard, adjacent to a serene 3-acre greenspace, and just moments from the 10-acre Bull Mountain Park. Approximately $600,000 in curated improvements elevate this home into a truly exceptional offering. The gourmet kitchen anchors the renovation with new Cambria Quartz countertops and a full suite of Thermador appliances, including refrigerator, built-in microwave and convection oven, gas range with ventilation hood, and dishwasher. The exterior has been completely refreshed with premium new siding, designer paint, new garage doors, upgraded exterior lighting, and new window screens. An architecturally enhanced Trex deck with reinforced supports and a custom railing system creates a refined outdoor living experience. Landscaping by Dennis’ 7 Dee’s adds a graceful pathway to the exterior basement entrance and privacy trees thoughtfully placed along the fence line. Inside, the home reflects a cohesive whole-home transformation. Fresh interior paint, new custom molding, new flooring throughout, upgraded interior doors with premium hardware, and new cabinetry crafted by Beaudry’s Wood Working establish a consistent luxury aesthetic. Designer light fixtures illuminate every room, and the family room features a striking new gas fireplace offering warmth and ambiance. Spa-inspired bathroom upgrades include a new tile shower in the lower-level bath, and a new tile tub-and-shower combination in the upstairs hall bath. The primary suite bathroom was fully remodeled between 2021–2022 and refreshed again in 2026. Home Systems: HVAC installed 2013, 2 A/C units, serviced yearly. Water Heater installed 2017. Whole Home Generator original. Amenities list, floor plan, and Zillow 3D walk-through available. We can't wait to see you at the open house 9/6 from 1-3pm!

13401 SW MOUNTAIN RIDGE CT, Portland

$599,999
4 Beds 2 Baths 713529227 MLS
Rare true one-level living on a level, private corner lot in SW Portland! Minimal/no-step entry from the attached 2-car garage adds everyday convenience. This light-filled 4-bedroom, 2.5-bath home offers 1,797 square feet with separate living, dining, and family rooms—ideal for comfortable daily living, entertaining, working from home, or hobbies. The oversized primary suite was created by combining two adjoining rooms, creating flexible space for a private sitting area, home office, nursery, fitness area, or expanded dressing room. Vaulted ceilings, hardwood floors, generous closet storage, and direct access to the covered deck create a comfortable retreat. The ensuite bath includes a jetted soaking tub, dual-sink vanity, and separate walk-in shower.Three additional main-level bedrooms provide flexible space for guests, an office, or a playroom. Fresh interior paint, new lighting, and new carpet/flooring create a move-in-ready feel. Key updates include a new roof in 2026, new furnace in 2025, central A/C, new gas water heater in 2025, and owned solar panels—no solar lease included. Additional highlights include a fireplace, double-pane windows, gas forced-air heat, RV/boat parking, and a security system. The fully fenced backyard is a private outdoor retreat with beautiful landscaping, trees and shrubs, garden space, koi pond, covered patio/entry, and an entertainer’s deck for summer dining. A front-yard water feature adds to the home’s inviting setting. Convenient to PCC Sylvania, I-5, Multnomah Village, and downtown Portland. Multnomah Village is a Southwest Portland destination known for its locally owned shops, restaurants, and neighborhood character.

11041 SW 45TH AVE, Portland

$849,000
2 Beds 2 Baths 739878427 MLS
Experience sophisticated Pearl District living from this exceptional SW corner residence on the 10th floor of The Cosmopolitan on the Park. Positioned to overlook Tanner Springs Park and NW Portland, this light-filled 1,596 SF home offers a beautiful blend of nature, cityscape and privacy through expansive floor-to-ceiling windows.The thoughtfully designed two-bedroom, two-and-a-half-bath floor plan features soaring ceilings, rich hardwood floors and an inviting open living and dining area framed by Portland views. The chef-inspired kitchen showcases sleek Pedini Italian cabinetry, premium Miele appliances and elegant quartz countertops. There is also a separate office space and in unit laundry. Both bedrooms offer a private retreat, while the beautifully appointed marble bathrooms bring a refined, spa-like feel to everyday living.As a coveted corner residence, the home enjoys abundant natural light and a wonderful sense of openness. With Tanner Springs Park directly in the foreground, the outlook changes beautifully with the seasons while remaining connected to the energy of the Pearl District beyond.Residents of The Cosmopolitan enjoy the ease of full-service living with 24-hour concierge service, fitness center, community lounge and dining areas, outdoor terrace with BBQs, and secure bike storage. Three private guest suites are also available for residents' visiting family and friends, providing an exceptional amenity rarely found in urban condominium living.The location puts the best of the Pearl District just outside your door, with Tanner Springs Park, restaurants, cafés, boutiques, services, Safeway and public transportation all within easy reach. Included are one deeded parking space (#73), conveniently located near the elevators, and one deeded storage unit (#18).A rare opportunity to enjoy elevated city living in one of Portland's most sought-after full-service condominium buildings.

1075 NW NORTHRUP ST Unit #1014, Portland

$1,685,000
5 Beds 4 Baths 368169762 MLS
Set on just under two private acres in Portland's coveted Bridlemile neighborhood, this exceptional mid-century estate offers a rare combination of privacy, recreation, and land in one of Southwest Portland's most desirable close-in locations. Thoughtfully positioned among mature trees and established landscaping, the property feels worlds away while remaining just minutes from downtown Portland, OHSU, parks, shopping, dining, and top schools.The residence features 5 bedrooms, 4 full bathrooms, and 1 powder room, with expansive living spaces designed for both everyday comfort and memorable entertaining. Walls of glass invite natural light throughout and create a seamless connection to the surrounding landscape, bringing the outdoors in and enhancing the home's timeless Northwest character.Rare lifestyle amenities distinguish this property from anything else on the market. Enjoy year-round recreation in the indoor swimming pool, host friendly competition on the private sport court, and experience the freedom and flexibility that nearly two acres of usable land provide. Whether entertaining on a grand scale, pursuing hobbies and wellness, or simply enjoying the peace and privacy of the setting, the property offers a lifestyle seldom found so close to the city center.Over the decades, this home has been carefully stewarded and thoughtfully evolved while maintaining the enduring qualities that make classic mid-century architecture so compelling. The result is a residence that balances character, scale, and functionality in a way that feels both authentic and inviting.Mature grounds, exceptional privacy, and a truly unique collection of amenities create an uncommon opportunity in today's market. Whether you're seeking a private retreat, a recreational estate, or a gathering place for generations to come, this remarkable Bridlemile property offers the perfect blend of history, architecture, and lifestyle in one of Portland's most sought-after neighborhoods.

4004 SW SCHOLLS FERRY RD, Portland

$925,000
3 Beds 2 Baths 563442950 MLS
Perched above the street on a prominent Mt. Tabor corner, this beautifully updated bungalow pairs classic Portland character with a sophisticated, thoughtfully renewed interior. From its elevated setting and territorial views to the gracious front porch, this is a home with an unmistakable sense of place.Inside, updates throughout complement the home's original character. Generous living spaces unfold through an inviting circular floor plan, creating an effortless connection between rooms while preserving the warmth and architectural appeal of its bungalow roots. Natural light, considered finishes, and a balance of vintage charm and modern refinement give the interiors a timeless quality.The primary bedroom has been transformed into a true retreat, opening directly to a private deck and extending the living experience outdoors—a wonderful place to begin or end the day while enjoying the elevated setting.Outside, the corner lot offers multiple ways to enjoy the property. The partially fenced yard provides space for gardens, outdoor dining and entertaining, while the new detached garage adds valuable parking, storage and flexibility. The broad front porch remains one of the home's defining features, offering a quintessential Portland vantage point for taking in the territorial outlook.Just blocks from Mt. Tabor Park and convenient to the shops, dining, coffee and local businesses of the Montavilla district. A distinctive combination of architectural character, meaningful updates, indoor-outdoor living, territorial views and an exceptional corner setting—all in one of Portland's most recognizable neighborhoods.Classic Portland character, beautifully evolved for today.

505 SE 73RD AVE, Portland

$2,100,000
6 Beds 3 Baths 528750548 MLS
Styled Luxe Renovation in Bridlemile. Rare 5,500+ sq ft, 6-Bedroom Modern Retreat. A true forever home, this expansive SW Portland residence has been fully reimagined with designer craftsmanship and modern upgrades. Solid construction meets elevated style through all-new windows, premium flooring, solid wood doors with custom hardware, handmade Japanese tilework, curated lighting, fresh paint, and refined woodwork throughout. The formal entry opens to a dramatic living room with vaulted ceilings, floor to ceiling windows framing treetop views, and an iconic Malm fireplace. The gourmet kitchen features upgraded cabinetry, quartzite counters, an eating bar, and high-end appliances. The dining room flows seamlessly to the elevated back deck, with maple hardwood floors throughout the main level. Double doors lead to the grand primary suite, enhanced with sound-proof paneling and a spa-inspired bath featuring colorful handmade tile, designer lighting, a curbless double-head shower, and a deep amber-hued soaking tub. Two additional large bedrooms, a full bath with separate shower/tub, a glammed-up guest bath, and a spacious laundry room complete the main level. The walk-out lower level offers tall open-beam ceilings, a second full kitchen, and a bright family room with stone wood-burning fireplace and oversized windows. Three more large bedrooms (one used as an office) plus a bonus gym room with micro-cement walls create ideal multigenerational living. Set on over 1/3 acre, the property enjoys territorial sunset views and multiple flat yard levels for gardening or play. A new roof, fresh exterior/interior paint, upgraded electrical, R40 insulation, and a full-house water filtration system with automatic shutoff ensure worry-free living. Just blocks from Bridlemile Elementary and minutes to downtown, this rare home blends size, style, and craftsmanship in one of Portland’s most desirable neighborhoods. See our virtual tour link for more details. [Home Energy Score = 2. HES Report at https://rpt.greenbuildingregistry.com/hes/OR10226799]

4110 SW JERALD CT, 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.