Homes for sale under $400k in Portland, OR

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ABOUT THIS HOME
Homes for sale under $400k in Portland, OR
Discover the perfect blend of comfort, versatility, and business potential. Zoned for mixed-use and multifamily, this updated property offers rare live-work flexibility—ideal for entrepreneurs, hobbyists, or anyone seeking space to both live and create. The charming 2-bedroom, 1-bath home is move-in ready, featuring bright open living and dining areas with new LVP flooring, fresh paint, updated lighting, vinyl windows, and new trim and doors throughout. The full bath has been beautifully updated with new tile, vanity, and fixtures, while the new energy-efficient ductless system provides year-round comfort. A detached garage/shop, connected by a covered breezeway/patio, includes three

$400,000

2 beds2 baths719 sq ft

18149 SE Pine St, Portland, OR 97233

Flex room • Spray booth • Detached garage

Jennifer Weitzel • Better Homes & Gardens Realty

ABOUT THIS HOME
Homes for sale under $400k in Portland, OR
Welcome to this charming 3-bedroom, 1.5-bath home in Happy Valley's Dover Park neighborhood. Built in 1996, this 1,186 sq ft two-story features an inviting living room with fireplace, open dining area, and a functional kitchen layout. Upstairs offers three comfortable bedrooms and a full bath, while a half bath is conveniently located on the main level. Forced-air gas heating ensures year-round comfort. The 5,000 sq ft fenced lot provides space for gardening, play, or outdoor entertaining. Located in R-5 zoning with nearby schools, parks, shopping, and easy commuter access. A perfect blend of comfort, convenience, and location!

$400,000

3 beds1.5 baths1,186 sq ft

8321 SE Gray St, Happy Valley, OR 97086

Nearby parks • Fenced lot • R-5 zoning

ABOUT THIS HOME
Homes for sale under $400k in Portland, OR
Beautiful one level home, , please come and see inside yourself, well maintain , new kitchen cabinets, two car garage

$400,000

3 beds2 baths1,056 sq ft

11625 SE Washington St, Portland, OR 97216

One level home • New kitchen cabinets • 5,227 sq ft lot

Justice Emole • John L. Scott Portland Central

ABOUT THIS HOME
Homes for sale under $400k in Portland, OR
Charming Duplex with Excellent Income Potential! Fantastic opportunity for investors or owner-occupants! This well-maintained duplex features two spacious 2-bedroom, 1-bath units, ideal for living in one and renting out the other to offset your mortgage. Each unit offers an inviting open floor plan with a generous living room that opens to the backyard through sliding doors, creating great indoor-outdoor flow. The kitchens are equipped with a range, refrigerator, and dining area, while built-ins and closets provide excellent storage space. Both units include a laundry room with hookups and a single-car garage for parking or extra storage. Step outside to enjoy private, shaded patios and fen

$400,000

4 beds2 baths1,728 sq ft

16125 SE Lincoln St, Portland, OR 97233

Open floor plan • Fenced backyards • Laundry room

Nick Shivers • Keller Williams PDX Central

ABOUT THIS HOME
Homes for sale under $400k in Portland, OR
Tucked away in SE Portland, this 3 bed, 1.5 bath home offers rare privacy on a spacious 0.21-acre lot. This 1,260 sq ft property features laminate flooring, a functional layout, large windows and serene wooded views. Enjoy the tranquil setting with a nearby stream and Cedar Crossing bridge. Close to parks and city amenities creating a unique blend of nature and convenience. Schedule your showing today!

$400,000

3 beds2 baths1,260 sq ft

6926 SE Deardorff Rd, Portland, OR 97236

Large windows • Laminate flooring • Serene wooded views

Austin Cassity • Keller Williams Premier Partners

Property at 1300 NE 155th Ave, Portland, OR 97230, 3 beds, 2 baths

$400,000

3 beds2 baths1,190 sq ft

1300 NE 155th Ave, Portland, OR 97230

Nick Shivers • Keller Williams PDX Central

Property at 9612 SE 78th Ave, Portland, OR 97222, 3 beds, 1 bath

$400,000

3 beds1 bath1,217 sq ft

9612 SE 78th Ave, Portland, OR 97222

Adrienne Brinkerhoff • Move Real Estate Inc

Property at 6217 S Virginia Ave, Portland, OR 97239, 2 beds, 3 baths

$400,000

2 beds3 baths1,432 sq ft

6217 S Virginia Ave, Portland, OR 97239

Elizabeth Henderson • Wings NW Real Estate LLC

Property at 2115 NE 144th Ave, Portland, OR 97230, 3 beds, 2 baths

$400,000

3 beds2 baths1,456 sq ft

2115 NE 144th Ave, Portland, OR 97230

Timothy Ng • MORE Realty

Property at 8940 SE Stanley Pl, Portland, OR 97206, 3 beds, 1 bath

$400,000

3 beds1 bath1,159 sq ft

8940 SE Stanley Pl, Portland, OR 97206

Nick Shivers • Keller Williams PDX Central

Property at 1215 NE 118th Ave, Portland, OR 97220, 5 beds, 3 baths

$400,000

5 beds3 baths3,681 sq ft

1215 NE 118th Ave, Portland, OR 97220

Daniel Mal • Mal & Seitz

Property at 9709 N Jersey St, Portland, OR 97203, 3 beds, 3 baths

$399,999

3 beds3 baths1,465 sq ft

9709 N Jersey St, Portland, OR 97203

Gavynn Wells • Living Room Realty

Property at 12720 SE Alder St, Portland, OR 97233, 2 beds, 1 bath

$399,999

2 beds1 bath1,000 sq ft

12720 SE Alder St, Portland, OR 97233

Julie Robinson • MORE Realty

Property at 3530 N Borthwick Ave #2, Portland, OR 97227, 2 beds, 2 baths

$399,999

2 beds2 baths930 sq ft

3530 N Borthwick Ave #2, Portland, OR 97227

Andrew Misk • The Agency Portland

Property at 333 NW 9th Ave #1103, Portland, OR 97209, 2 beds, 1 bath

$399,995

2 beds1 bath1,176 sq ft

333 NW 9th Ave #1103, Portland, OR 97209

Diane Wu • MORE Realty

Property at 3405 SE 69th Ave, Portland, OR 97206, 2 beds, 1 bath

$399,950

2 beds1 bath864 sq ft

3405 SE 69th Ave, Portland, OR 97206

Tim Wei • Windermere Community Realty

Property at 121 N Going St #202, Portland, OR 97217, 2 beds, 2 baths

$399,950

2 beds2 baths953 sq ft

121 N Going St #202, Portland, OR 97217

Amanda Folkestad • eXp Realty, LLC

Property at 8345 N Bliss St, Portland, OR 97203, 3 beds, 2 baths

$399,900

3 beds2 baths1,428 sq ft

8345 N Bliss St, Portland, OR 97203

Redfin

Property at 6011 NE 30th Ave #4, Portland, OR 97211, 2 beds, 3 baths

$399,900

2 beds3 baths1,052 sq ft

6011 NE 30th Ave #4, Portland, OR 97211

Darryl Bodle • Keller Williams Realty Portland Premiere

Property at 2707 SE 115th Ave, Portland, OR 97266, 4 beds, 2 baths

$399,900

4 beds2 baths1,406 sq ft

2707 SE 115th Ave, Portland, OR 97266

Ruslan Petrusha • Russell Realty & Associates LLC

Property at 6806 NE 6th Ave, Portland, OR 97211, 2 beds, 3 baths

$399,900

2 beds3 baths984 sq ft

6806 NE 6th Ave, Portland, OR 97211

Adam Shepard • John L. Scott Portland Central

Property at 14720 SE Powell Blvd, Portland, OR 97236, 3 beds, 3 baths

$399,900

3 beds3 baths1,293 sq ft

14720 SE Powell Blvd, Portland, OR 97236

Bob Sisul • Harcourts Real Estate Network Group

Property at 224 NE 92nd Pl, Portland, OR 97220, 3 beds, 2 baths

$399,900

3 beds2 baths1,249 sq ft

224 NE 92nd Pl, Portland, OR 97220

Jason Preuit • Premiere Property Group, LLC

Property at 3920 N Montana Ave, Portland, OR 97227, 2 beds, 2 baths

$399,900

2 beds2 baths1,104 sq ft

3920 N Montana Ave, Portland, OR 97227

Anne Leonard • Windermere Realty Trust

Property at 4376 NE Going St, Portland, OR 97218, 3 beds, 3 baths

$399,900

3 beds3 baths1,130 sq ft

4376 NE Going St, Portland, OR 97218

Darryl Bodle • Keller Williams Realty Portland Premiere

Property at 5938 NE 57th Ave, Portland, OR 97218, 3 beds, 2 baths

$399,900

3 beds2 baths1,097 sq ft

5938 NE 57th Ave, Portland, OR 97218

Peter Nguyen • MORE Realty

Property at 14718 SE Powell Blvd, Portland, OR 97236, 3 beds, 3 baths

$399,900

3 beds3 baths1,293 sq ft

14718 SE Powell Blvd, Portland, OR 97236

Bob Sisul • Harcourts Real Estate Network Group

Property at 6013 NE 30th Ave, Portland, OR 97211, 2 beds, 3 baths

$399,900

2 beds3 baths1,076 sq ft

6013 NE 30th Ave, Portland, OR 97211

Darryl Bodle • Keller Williams Realty Portland Premiere

Property at 11533 SE Market St, Portland, OR 97216, 3 beds, 2 baths

$399,900

3 beds2 baths1,190 sq ft

11533 SE Market St, Portland, OR 97216

Marcus Fullard-Leo • Village Realty Inc.

Property at 1500 SW 5th Ave #906, Portland, OR 97201, 2 beds, 2 baths

$399,900

2 beds2 baths1,319 sq ft

1500 SW 5th Ave #906, Portland, OR 97201

Leah Lentz • Engel & Voelkers Bend

Property at 2825 NW Upshur St Unit H, Portland, OR 97210, 2 beds, 2 baths

$399,900

2 beds2 baths1,158 sq ft

2825 NW Upshur St Unit H, Portland, OR 97210

Bradley Wulf • Keller Williams Realty Professionals

Property at 7468 N Polk Ave, Portland, OR 97203, 2 beds, 3 baths

$399,900

2 beds3 baths913 sq ft

7468 N Polk Ave, Portland, OR 97203

Darryl Bodle • Keller Williams Realty Portland Premiere

Property at 7139 N Fiske Ave, Portland, OR 97203, 2 beds, 3 baths

$399,900

2 beds3 baths1,036 sq ft

7139 N Fiske Ave, Portland, OR 97203

Darryl Bodle • Keller Williams Realty Portland Premiere

Property at 11751 SE Oak St, Portland, OR 97216, 4 beds, 2 baths

$399,900

4 beds2 baths1,640 sq ft

11751 SE Oak St, Portland, OR 97216

Marc Fox • Keller Williams Realty Portland Premiere

Property at 6025 SE 124th Ave, Portland, OR 97236, 3 beds, 2 baths

$399,900

3 beds2 baths1,740 sq ft

6025 SE 124th Ave, Portland, OR 97236

Mark Shadrin • Berkshire Hathaway HomeServices Real Estate Professionals

Property at 3017 NE Ainsworth St, Portland, OR 97211, 2 beds, 3 baths

$399,900

2 beds3 baths1,076 sq ft

3017 NE Ainsworth St, Portland, OR 97211

Darryl Bodle • Keller Williams Realty Portland Premiere

Property at 11529 NE Fargo St, Portland, OR 97220, 3 beds, 2 baths

$399,900

3 beds2 baths1,599 sq ft

11529 NE Fargo St, Portland, OR 97220

Jennifer Fidler • Opt

Property at 1124 NE 81st Ave, Portland, OR 97213, 3 beds, 2 baths

$399,900

3 beds2 baths1,882 sq ft

1124 NE 81st Ave, Portland, OR 97213

Nathan Samander • Pellego, LLC

Property at 3863 N Willis Blvd #8, Portland, OR 97217, 3 beds, 2 baths

$399,900

3 beds2 baths1,090 sq ft

3863 N Willis Blvd #8, Portland, OR 97217

Darryl Bodle • Keller Williams Realty Portland Premiere

Property at 5130 SE Bush St, Portland, OR 97206, 2 beds, 2 baths

$399,900

2 beds2 baths1,792 sq ft

5130 SE Bush St, Portland, OR 97206

Elizabeth Franz • Proud Realty LLC

Property at 7474 N Polk Ave, Portland, OR 97203, 2 beds, 3 baths

$399,900

2 beds3 baths913 sq ft

7474 N Polk Ave, Portland, OR 97203

Darryl Bodle • Keller Williams Realty Portland Premiere

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Homes for sale under $400k in Portland

There are currently 837 homes for sale under $400k in Portland. 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 80 days and receive 2 offers. Popular neighborhoods include Northeast Portland, Northwest Portland, Sellwood-Moreland, Southwest Portland, and Laurelhurst. This map is refreshed with the newest listings in Portland every 15 minutes.

In the past month, 757 homes have been sold in Portland. In addition to houses in Portland, there were also 1014 condos, 153 townhouses, and 145 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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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 © 2025 RMLS, Portland, Oregon. Data Last Updated Fri Nov 28 2025

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Homes for sale under $400k in Portland, OR

Homes for sale under $400k in Portland

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