Cheap homes for sale & real estate in Multnomah County, OR

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ABOUT THIS HOME
Cheap Home for sale in Multnomah County, OR:
Minutes from the heart of the city in a convenient location. This multi mixed lot in the Kenton neighborhood invites Builders, Developers, or homeowners to build the home of your dreams. Buyers to do own due diligence 2nd POTENTIAL dividable corner lot on property . Seller is open to sell

$360,000

Land6,534 sq ft (lot)

3515 N Lombard St, Portland, OR 97217

Dividable lot • Kenton neighborhood • Mixed lot

Joyce Warren-Machen • Century 21 North Homes Realty

ABOUT THIS HOME
Cheap Home for sale in Multnomah County, OR:
Seize the rare opportunity to own a private, picturesque lot just steps from Forest Park, nestled at the end of a quiet street surrounded by established homes. This secluded, park-like setting offers potential views of the Willamette River, St. Johns Bridge, and distant mountains—an ideal canvas to build your dream home or unique rental property-picture a residentical tree house setting. Enjoy the best of both worlds: a peaceful, country-like retreat just 12 minutes from downtown Portland. When you’re ready to explore, take a short stroll to the iconic Lighthouse Restaurant & Bar for brunch, lunch, dinner, or a lively happy hour. End the night with a drink at The Decoy, or

$89,000

Land0.33 acre (lot)

0 W Elva Ave, Portland, OR 97231

Potential views • Listed 572 days

Chris Suarez • Keller Williams Sunset Corridor

ABOUT THIS HOME
Cheap Home for sale in Multnomah County, OR:
Rare find level corner lot in Centennial School District. High-demanded area for multi-family Development opportunity. Property locates next to public transit and close proximity to the city of Gresham. RM2 zoning allows uses for medium-density and affordable housing with 3-4 story buildings and the maximum height of up to 45 feet per city of Portland zoning code. Buyer to perform all due diligence regarding density, set backs and dedications, utilities availabilities and all other requirements in regards of their own desired development potential. Seller also has a 11 units ( 3 triplexes and 1 duplex ) preliminary site plan. Call for infos if needed.

$373,000

Land0.39 acre (lot)

SE 170th And Division St, Portland, OR 97236

Public transit • Affordable housing • Rm2 zoning

Emilia Chen • EZ Realty LLC

ABOUT THIS HOME
Cheap Home for sale in Multnomah County, OR:
You will not find a better place to build your new home! The street is a quiet boulevard; rush hour means there are lots of folks walking dogs and babies and sprinkle in a bike rider or 7.This lot has never had a house built on it, but the adjacent lot did. Both lots are available together (save $50,000 by buying both!) or separate.

$250,000

Land7,840 sq ft (lot)

4410 SW Hewett Blvd W, Portland, OR 97221

Listed 583 days

Peter Kirby • Kirby Real Estate LLC

ABOUT THIS HOME
Cheap Home for sale in Multnomah County, OR:
Generous sized finished multi-family lot. Zoned R2.5. Seller says utilities are on the lot. All engineering was complete years back. Possible to build 4 townhomes/row homes (maybe more). Buyer to verify all information and do due diligence with the City of Portland. Developer's packet available.

$199,900

Land0.27 acre (lot)

5716 SE 122nd Ave, Portland, OR 97236

Build 4 townhomes • Zoned r2.5

Andrea Guest • Keller Williams Realty Professionals

Property at NW Royal - Lot 4 Blvd, Portland, OR 97210

$250,000

Land2,178 sq ft (lot)

NW Royal - Lot 4 Blvd, Portland, OR 97210

Terry Sprague • LUXE Forbes Global Properties

Property at 4255 SW Beaverton Hillsdale Hwy, Portland, OR 97221

$279,900

Land0.30 acre (lot)

4255 SW Beaverton Hillsdale Hwy, Portland, OR 97221

Devin Bourne • Bespoke Realty

Property at SW Condor Ave, Portland, OR 97239

$150,000

Land9,583 sq ft (lot)

SW Condor Ave, Portland, OR 97239

Peter Clark • Keller Williams Realty Portland Premiere

Property at 0 NE 95th Ave, Portland, OR 97220

$199,800

Land3,920 sq ft (lot)

0 NE 95th Ave, Portland, OR 97220

Jessie Yee • Oregon First

Property at NW Royal - Lot 2 Blvd, Portland, OR 97210

$250,000

Land2,178 sq ft (lot)

NW Royal - Lot 2 Blvd, Portland, OR 97210

Terry Sprague • LUXE Forbes Global Properties

Property at 0 SW Miller Ct, Gresham, OR 97080

$240,000

Land0.82 acre (lot)

0 SW Miller Ct, Gresham, OR 97080

Marina Globak • MORE Realty

Property at 0 N Humboldt St N, Portland, OR 97217

$330,000

Land3,049 sq ft (lot)

0 N Humboldt St N, Portland, OR 97217

Angela Talbott • Premiere Property Group, LLC

Property at NW Royal - Lot 1 Blvd, Portland, OR 97210

$250,000

Land1,742 sq ft (lot)

NW Royal - Lot 1 Blvd, Portland, OR 97210

Terry Sprague • LUXE Forbes Global Properties

Property at NW Royal - Lot 3 Blvd, Portland, OR 97210

$250,000

Land2,178 sq ft (lot)

NW Royal - Lot 3 Blvd, Portland, OR 97210

Terry Sprague • LUXE Forbes Global Properties

$150,000

Land7,405 sq ft (lot)

SW Condor Ave, Portland, OR 97239

Peter Clark • Keller Williams Realty Portland Premiere

Property at Undisclosed address, Wood Village, OR 97060

$329,500

Land5.40 acres (lot)

Undisclosed address, Wood Village, OR 97060

Tim Wei • Windermere Community Realty

Property at 7044 NE M L King Blvd, Portland, OR 97211

$350,000

Land6,969 sq ft (lot)

7044 NE M L King Blvd, Portland, OR 97211

Sang Vu • Rarebird Real Estate

Property at 7036 NE M L King Blvd, Portland, OR 97211

$225,000

Land4,791 sq ft (lot)

7036 NE M L King Blvd, Portland, OR 97211

Sang Vu • Rarebird Real Estate

Property at SW Champlain Dr, Portland, OR 97205

$185,000

Land5,227 sq ft (lot)

SW Champlain Dr, Portland, OR 97205

Katie Hale • Premiere Property Group, LLC

Property at 2590 SW Buckingham Ave, Portland, OR 97201

$269,000

Land4,356 sq ft (lot)

2590 SW Buckingham Ave, Portland, OR 97201

Lisa Field • Cascade Hasson Sotheby's International Realty

Property at 9165 NE Oregon St, Portland, OR 97220

$289,900

Land4,356 sq ft (lot)

9165 NE Oregon St, Portland, OR 97220

Darryl Bodle • Keller Williams Realty Portland Premiere

Property at SW Cardinell Way, Portland, OR 97201

$299,000

Land9,583 sq ft (lot)

SW Cardinell Way, Portland, OR 97201

Patrick Krause • Soldera Properties, Inc

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Cheap Homes for Sale in Multnomah County

There are currently 1443 cheap homes for sale in Multnomah County at a median listing price of $500K. Some of these homes are "Hot Homes," meaning they're likely to sell quickly. Most homes for sale in Multnomah County stay on the market for 63 days and receive 4 offers. This map is refreshed with the newest listings in Multnomah County every 15 minutes.

In the past month, 911 homes have been sold in Multnomah County. In addition to houses in Multnomah County, there were also 1124 condos, 262 townhouses, and 188 multi-family units for sale in Multnomah County last month. Find your dream home in Multnomah County 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 Multnomah County are local experts and are ready to answer your questions about properties, neighborhoods, schools, and the newest listings for sale in Multnomah County. If you're looking to sell your home in the Multnomah County area, our listing agents can help you get the best price. Redfin is redefining real estate and the home buying process in Multnomah County 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 © 2026 RMLS, Portland, Oregon. Data Last Updated Sun Aug 30 2026

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