Homes for sale under $400k in Portland, OR

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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
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

3D WALKTHROUGH

ABOUT THIS HOME
Homes for sale under $400k in Portland, OR
New Exterior Paint Refresh! 5 minutes to South Waterfront! This is easy living tucked into a convenient townhome with no HOA. Vaulted ceilings, skylights, fireplace, private backyard patio and 0.2 miles to Willamette Park. Launch a kayak, take a run/ride along the Willamette. It's about keeping it easy. Open living layout on the main level with laundry closet that comes with washer & dryer. Attached garage for parking and storage too. Just off Macadam Ave in one of Portland's very connected and livable neighborhoods. [Home Energy Score = 9. HES Report at https://rpt. greenbuildingregistry.com/hes/OR10239032]

$400,000

2 beds3 baths1,432 sq ft

6217 S Virginia Ave, Portland, OR 97239

Attached garage • Open living layout • Vaulted ceilings

Elizabeth Henderson • Wings NW Real Estate LLC

ABOUT THIS HOME
Homes for sale under $400k in Portland, OR
CHARMING, AFFORDABLE, AND NOW AT A BETTER PRICE! JUMP ON THIS MILWAUKIE GEM BEFORE ITS TOO LATE! Move in ready and climate controlled for year round comfort! Super cute and functional 3 bedroom, 1 bath bungalow features great room-to-room flow complemented by a one year old furnace, air conditioner, ductwork, attic insulation, and a digital programmable thermostat to keep you cool or cozy. This beautifully finished home has original hardwood floors throughout, with tiled bathroom floor and durable vinyl plank in the kitchen complementing the white granite countertops. All appliances stay including: refrigerator, convection oven, dishwasher, washer and dryer. As a bonus on cold winter nights

$400,000

3 beds1 bath1,217 sq ft

9612 SE 78th Ave, Portland, OR 97222

Cedar privacy wall • Handy shed • Updated home

Adrienne Brinkerhoff • Move Real Estate Inc

ABOUT THIS HOME
Homes for sale under $400k in Portland, OR
In a tree-lined pocket of NE Portland's Parkrose Heights, this 1940s charmer delivers timeless style and update potential on a private 9,000 sq ft lot. At 3,681 sq ft(2,581 above grade), it features wood siding, metal roof, and oversized 2-car garage. Main level (1,881 sq ft):Living room with wood-burning brick fireplace flows to dining and kitchen, granite counters, stainless appliances, ample cabinets. Three bedrooms (primary with en-suite), full bath, hardwood floors, bold paint. Upper (700 sq ft): Bonus room with vaulted ceilings, big windows to backyard. Lower finished basement (1,100 sq ft):Two bedrooms, full bath, versatile rec space for gym/office. Mature trees surround deck for out

$400,000

5 beds3 baths3,681 sq ft

1215 NE 118th Ave, Portland, OR 97220

Metal roof • Stainless appliances • Wood siding

Daniel Mal • Mal & Seitz

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 8321 SE Gray St, Happy Valley, OR 97086, 3 beds, 1.5 baths

$400,000

3 beds1.5 baths1,186 sq ft

8321 SE Gray St, Happy Valley, OR 97086

Property at 6926 SE Deardorff Rd, Portland, OR 97236, 3 beds, 2 baths

$400,000

3 beds2 baths1,260 sq ft

6926 SE Deardorff Rd, Portland, OR 97236

Austin Cassity • Keller Williams Premier Partners

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 18149 SE Pine St, Portland, OR 97233, 2 beds, 2 baths

$400,000

2 beds2 baths719 sq ft

18149 SE Pine St, Portland, OR 97233

Jennifer Weitzel • Better Homes & Gardens Realty

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 3725 N Michigan Ave, Portland, OR 97227, 2 beds, 2 baths

$399,900

2 beds2 baths835 sq ft

3725 N Michigan Ave, Portland, OR 97227

Jennifer Tran • Everett Real Estate 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 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 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 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 6922 SE Ramona St, Portland, OR 97206, 2 beds, 1 bath

$399,900

2 beds1 bath1,108 sq ft

6922 SE Ramona St, Portland, OR 97206

Katie Bain • EquityPoint Real Estate

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 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

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 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 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 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 13104 SE Center St, Portland, OR 97236, 3 beds, 1 bath

$399,900

3 beds1 bath1,060 sq ft

13104 SE Center St, Portland, OR 97236

Chris Butterfield • Del Rey Realty 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 3554 N Haight Ave #3, Portland, OR 97227, 2 beds, 3 baths

$399,900

2 beds3 baths1,017 sq ft

3554 N Haight Ave #3, Portland, OR 97227

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 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 1664 SE Umatilla St #5, Portland, OR 97202, 2 beds, 3 baths

$399,900

2 beds3 baths849 sq ft

1664 SE Umatilla St #5, Portland, OR 97202

Darryl Bodle • Keller Williams Realty Portland Premiere

Property at 570 N Hayden Bay Dr, Portland, OR 97217, 4 beds, 3 baths

$399,900

4 beds3 baths2,097 sq ft

570 N Hayden Bay Dr, Portland, OR 97217

Phong Tran • Real Broker

Property at 7733 NE Mason St, Portland, OR 97218, 2 beds, 1 bath

$399,900

2 beds1 bath1,249 sq ft

7733 NE Mason St, Portland, OR 97218

Katie Bain • EquityPoint Real Estate

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 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 618 NW 12th Ave #216, Portland, OR 97209, 2 beds, 1 bath

$399,900

2 beds1 bath1,015 sq ft

618 NW 12th Ave #216, Portland, OR 97209

Christine Jacobsen • Cascade Hasson Sotheby's International Realty

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 806 SE 151st Ave, Portland, OR 97233, 3 beds, 2 baths

$399,900

3 beds2 baths1,144 sq ft

806 SE 151st Ave, Portland, OR 97233

Kika Trnjanin • John L. Scott Portland Metro

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Homes for sale under $400k in Portland

There are currently 819 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, 499 homes have been sold in Portland. In addition to houses in Portland, there were also 1016 condos, 130 townhouses, and 146 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 Wed Dec 03 2025

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Homes for sale under $400k in Portland, OR

Homes for sale under $400k in Portland

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