Cheap homes for sale & real estate in Portland, OR

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ABOUT THIS HOME
Cheap Home for sale in Portland, OR:
Southwest Portland's premier lot for sale! Rare, once in a lifetime opportunity to build your dream home in Arnold Creek. This tranquil corner lot on almost 1/2 an acre is filled with beautiful rhododendrons and rare plants - Build a home surrounded by a serene flora oasis! It's perfect for your custom fit home with an adjoining world class Rhododendron garden plant paradise. Lot has so much potential and is in a great location near Marshall Park, Tryon Creek Natural Area, Lewis & Clark College, hiking & biking trails, and more. Just minutes from Downtown Lake Oswego. Please do not walk property without an agent and please do not disturb the neighbors. Utilities available at str

$399,000

Land0.46 acre (lot)

SW 16th Dr, Portland, OR 97219

Natural area • Biking trails • Rhododendron garden

Galene Buchholz • MORE Realty

ABOUT THIS HOME
Cheap Home for sale in Portland, OR:
Prime investment opportunity featuring two lots in coveted RM1 Multi-Dwelling zoning. Adjacent lot included with purchase- 2105 NE Buffalo St, additional 3366 Sq/ft corner lot. Water & sewer are in the street and natural gas is on the NE corner of NE Lombard & 22nd. Electricity poles line the north side of Lombard. Over 30K paid for plans, civil engineering & permit intake review fees. Seller has plans for Single Family + ADU included in sale price. All of the utility locations have been done, and groundwork laid for a thoughtful and lucrative development of this strategically situated property. Zoning RM1 allows for multiple dwellings, including multi-plex, no parking req

$95,000

Land2,613 sq ft (lot)

2045 NE Buffalo St, Portland, OR 97211

Two lots • Utility locations

Camille Bernal • Our House Property Group, Inc

ABOUT THIS HOME
Cheap Home for sale in Portland, OR:
Buildable flat lot in newly platted Fultz Estates subdivision. This listing is for Lot #2, located in the popular Oak Grove area! Bring your own builder and create the home you've always wanted. All utilities are installed and ready for construction. Access via a private lane for added privacy and convenience. Enjoy low county taxes in a desirable location, surrounded by upscale established neighborhoods. This lot is a must see!

$250,000

Land8,276 sq ft (lot)

3112 SE Merlot Rd, Oak Grove, OR 97267

Private lane • Buildable flat lot • Desirable location

Kimberly Gray • HomeStar Brokers

ABOUT THIS HOME
Cheap Home for sale in Portland, OR:
Buildable flat lot in newly platted Fultz Estates subdivision. This listing is for Lot #7, located in the popular Oak Grove area! Bring your own builder and create the home you've always wanted. All utilities are installed and ready for construction. Enjoy low county taxes in a desirable location, surrounded by upscale established neighborhoods. This lot is a must see!

$300,000

Land8,712 sq ft (lot)

3117 SE Merlot Rd, Oak Grove, OR 97267

Buildable flat lot • Desirable location • Low county taxes

Kimberly Gray • HomeStar Brokers

ABOUT THIS HOME
Cheap Home for sale in Portland, OR:
Zoned RM2 for medium dencity, cluster development or multifamily modular project. Engineering done for our project, maybe helpful for yours. Seller would consider a partnership with experienced developer/builder or subbordinate for your financing. (seller will subbordinate for your financing, call o rtext for terms) 3 additional, adjacent lots also available. All zoned RM2. No parking required! Seeing our plans may help your project. Call and ask for them.

$299,900

Land5,227 sq ft (lot)

1424 NE 33rd Ave #1424, Portland, OR 97232

Listed 140 days

Emilio Fontana • Premiere Property Group, LLC

Property at 7462 SE 51st Ave Unit A, Portland, OR 97206

$155,000

Land2,613 sq ft (lot)

7462 SE 51st Ave Unit A, Portland, OR 97206

Nick Shivers • eXp Realty, LLC

Property at 3348 NW Tullamore Ct, Portland, OR 97229

$225,000

Land0.23 acre (lot)

3348 NW Tullamore Ct, Portland, OR 97229

Jesse Udom • Jesse Udom Real Estate

Property at 0 SE Tenino Ct, Portland, OR 97086

$199,900

Land0.35 acre (lot)

0 SE Tenino Ct, Portland, OR 97086

Leona Mullen • Matin Real Estate

Property at 3226 NE Cadet Ave, Portland, OR 97220

$400,000

Land0.75 acre (lot)

3226 NE Cadet Ave, Portland, OR 97220

Diana Harrell • Premiere Property Group, LLC

Property at N Montana Ave, Portland, OR 97217

$199,900

Land4,791 sq ft (lot)

N Montana Ave, Portland, OR 97217

Darryl Bodle • Keller Williams Realty Portland Premiere

Property at NW 83rd Pl #4, Portland, OR 97229

$225,000

Land0.39 acre (lot)

NW 83rd Pl #4, Portland, OR 97229

Gail Moebius • Windermere West LLC

Property at SW Condor Ave #5900, Portland, OR 97239

$75,000

Land4,791 sq ft (lot)

SW Condor Ave #5900, Portland, OR 97239

Alexander Clark • Keller Williams Realty Portland Premiere

Property at 0 Courtney, Oak Grove, OR 97222

$450,000

Land

0 Courtney, Oak Grove, OR 97222

Sarah Boylan • Premiere Property Group, LLC

Property at 2056 SE 122nd Ave, Portland, OR 97233

$399,900

Land0.70 acre (lot)

2056 SE 122nd Ave, Portland, OR 97233

Javier Alomia • Real Broker

Property at Undisclosed address, Portland, OR 97229

$275,000

Land0.35 acre (lot)

Undisclosed address, Portland, OR 97229

Whitney Robison • Keller Williams Realty Portland Premiere

Property at 3113 SE Merlot Rd, Oak Grove, OR 97267

$265,000

Land6,534 sq ft (lot)

3113 SE Merlot Rd, Oak Grove, OR 97267

Kimberly Gray • HomeStar Brokers

Property at SW Canning St, Portland, OR 97201

$325,000

Land0.23 acre (lot)

SW Canning St, Portland, OR 97201

Winston Murray • Works Real Estate

Property at 8911 SE Henderson St, Portland, OR 97266

$269,900

Land6,969 sq ft (lot)

8911 SE Henderson St, Portland, OR 97266

Lizbeth Abbott • Tree City Real Estate

Property at 8028 N Lombard Way, Portland, OR 97203

$300,000

Land5,227 sq ft (lot)

8028 N Lombard Way, Portland, OR 97203

Natalie Strom • Like Kind Realty

Property at 9821 SW 34th Pl, Portland, OR 97219

$325,000

Land0.23 acre (lot)

9821 SW 34th Pl, Portland, OR 97219

Troy Martin • Real Estate Performance Group

Property at 308 SE 97th Ave, Portland, OR 97216

$375,000

Land0.23 acre (lot)

308 SE 97th Ave, Portland, OR 97216

David Keys • Norris & Stevens Investment Real Estate Services

Property at N Columbia Way, Portland, OR 97203

$349,900

Land6,098 sq ft (lot)

N Columbia Way, Portland, OR 97203

Darryl Bodle • Keller Williams Realty Portland Premiere

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Cheap Homes for Sale in Portland

There are currently 1436 cheap homes for sale in Portland at a median listing price of $499K. Some of these homes are "Hot Homes," meaning they're likely to sell quickly. Most homes for sale in Portland stay on the market for 73 days and receive 3 offers. Popular neighborhoods include Northeast Portland, Sellwood-Moreland, Southwest Portland, Downtown Portland, and Laurelhurst. This map is refreshed with the newest listings in Portland every 15 minutes.

In the past month, 626 homes have been sold in Portland. In addition to houses in Portland, there were also 1052 condos, 162 townhouses, and 163 multi-family units for sale in Portland last month. Portland is a moderately walkable city in Multnomah County with a Walk Score of 67. Portland is home to approximately 583,496 people and 396,143 jobs. Find your dream home in Portland using the tools above. Use filters to narrow your search by price, square feet, beds, and baths to find homes that fit your criteria. Our top-rated real estate agents in Portland are local experts and are ready to answer your questions about properties, neighborhoods, schools, and the newest listings for sale in Portland. Our Portland real estate stats and trends will give you more information about home buying and selling trends in Portland. If you're looking to sell your home in the Portland area, our listing agents can help you get the best price. Redfin is redefining real estate and the home buying process in Portland with industry-leading technology, full-service agents, and lower fees that provide a better value for Redfin buyers and sellers.

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Popular Markets in Oregon

All information provided is deemed reliable but is not guaranteed and should be independently verified. The content relating to real estate for sale on this web site comes in part from the IDX program of the RMLS of Portland Oregon. Real estate listings held by brokerage firms other than Redfin are marked with the RMLS logo and detailed information about these properties includes the names of the listing brokers. Copyright © 2026 RMLS, Portland, Oregon. Data Last Updated Fri Sep 11 2026

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