Portland NW/ SW/ S, Raleigh Hills Homes under $250,000

Welcome to the enchanting neighborhoods of Portland, Oregon, specifically the picturesque areas of Northwest, Southwest, and the charming enclave of Raleigh Hills. Known for their vibrant culture, stunning landscapes, and a strong sense of community, these regions offer a unique blend of urban amenities and natural beauty.

In Northwest Portland, you’ll find a delightful mix of historic architecture and modern living, with trendy boutiques, artisanal coffee shops, and lush parks just a stone's throw away. The nearby Southwest area boasts a rich tapestry of diverse dining options and easy access to the iconic Washington Park, home to the renowned Oregon Zoo and beautiful Japanese Garden. Meanwhile, Raleigh Hills, with its serene atmosphere and stunning views of the surrounding hills, provides a peaceful retreat just minutes from the bustling city life.

For those seeking affordable housing options, you’ll be pleased to discover that homes under $250,000 are indeed available in this vibrant region. While the market can be competitive, opportunities for first-time buyers and those looking to invest are still present. These homes often feature charming characteristics and are nestled in well-established neighborhoods, making them perfect for anyone wanting to embrace the Portland lifestyle without breaking the bank.

Whether you're drawn to the eclectic vibe of the Northwest or the tranquil charm of Raleigh Hills, Portland's real estate market offers something for everyone. Explore your options today and find your perfect home in this captivating city!

Newest Portland NW/ SW/ S, Raleigh Hills Homes under $250,000

$164,900

1 Beds ⋅ 1 Baths ⋅ 414090484 MLS

Welcome to the Lexis in the Pearl District! This 4th floor move-in-ready 527-square-foot studio has new interior paint, LVP flooring, a kitchen with a breakfast bar and stainless steel appliances, a walk-in closet and an in-unit washer and dryer. A deeded storage unit is included. All appliances are included. Air conditioning in unit. The building has secure access, a fitness center, party room, meeting space, bicycle storage and landscaped courtyard. The Portland Streetcar line is nearby, with Tanner Springs Park one block away and The Fields Park two blocks away, which features a leash-off dog park section. Monthly HOA dues cover water, sewer, trash, and building insurance. Restaurants, coffee shops, groceries, shopping, and entertainment are close by.

1125 NW 9TH AVE Unit #424, Portland

$249,900

2 Beds ⋅ 2 Baths ⋅ 755339964 MLS

Come see the Charming McCormick Pier Condo w/Willamette River View. Beautiful River Location with miles of spectacular waterfront path for the walking/Jogging enthusiast. Primary Suite with Willamette River View and Private View from your living room. Laminate & Tile Flooring throughout. Large Kitchen opens to Living Room, spacious 2-bedroom 2 bath unit. Enjoy the Pool, Hot Tub & Fire pits as some of the amenities offered in this complex. Right on the river and just steps to the Pearl, Downtown, restaurants, shopping. Deeded parking included

910 NW NAITO PKWY Unit #I23, Portland

$200,000

1 Beds ⋅ 1 Baths ⋅ 304664424 MLS

Open house Sunday (10/4) 1-3pm Welcome to low-maintenance luxury in Lake Oswego! This meticulously updated 1-bedroom residence seamlessly combines upscale style with total convenience. Stepping inside, you’re greeted by contemporary cosmetic finishes throughout, including rich custom floors, elegant butcher block countertops, a custom tile backsplash, stainless steel appliances, and a beautifully appointed bathroom with tile flooring and accent wall. The spacious living area features a glass slider opening to a generous, private patio complete with an outdoor storage closet—perfect for seamless indoor-outdoor living. The primary suite serves as a serene retreat featuring a spacious walk-in closet. Large additional Storage space with laundry included, plus the rare added benefit of its own garage! Enjoy incredible resort-style living with HOA coverage including water, sewer, garbage, a private pool, clubhouse, and gym—plus full access to Mountain Park Recreation Center’s pool, spa, water slide, cardio/weight facilities, and fitness classes. Centrally located on the bus line with rapid access to PCC, OHSU, I-5, Downtown Portland, dining, and shopping!

142 OSWEGO SMT, Lake Oswego

$169,000

1 Baths ⋅ 156204412 MLS

High ceilings, hardwood floors, abundant natural light, and courtyard views give this charming Embassy studio a bright, inviting feel. Set in a classic 1925 building, the home retains original character, including the mosaic tile bathroom floor. The unit includes deeded storage, and the building offers a fitness room, community laundry, a landscaped courtyard, and all-new plumbing installed in 2024. With a Walk Score of 98 and Bike Score of 96, Providence Park, Couch Park, Trader Joe’s, and the restaurants, cafes, bars, and shops of NW 21st and NW 23rd are just blocks away. Historic charm and a prime NW Portland location in a charming city home.

2015 NW FLANDERS ST Unit #513, Portland

$215,000

2 Beds ⋅ 1 Baths ⋅ 214995817 MLS

Private and peaceful 2 bedroom 1 bath condo on the courtyard & garden of University Park Condominiums. Condo has plenty of interior storage, washer & dryer, new interior lighting, and a nice sized balcony. University Park Condominiums is located in downtown Portland's Cultural District on the Park Blocks. Walk to Portland Farmer's Market, Portland Art Museum, Portland State University, Streetcar, MAX, theaters, food carts, restaurants, supermarkets, shops.

1500 SW PARK AVE Unit #108, Portland

5130 SW MULTNOMAH BLVD Unit #C, Portland

$249,900

2 Beds ⋅ 2 Baths ⋅ 334529084 MLS

Enjoy one-level living in this quiet Shadow Creek condo, a short bike or drive to Multnomah Village and Garden Home. Two bedrooms, two full baths, a true primary with ensuite, and a second bedroom that works well as an office. Large laundry room with washer, dryer, and all appliances included. Dedicated covered carport space C-7 sits right in front of the unit. Wood-burning fireplace and a private deck look out on green space just outside the back door. Best price in the area for an affordable, move-in-ready condo. Nearby parks, Gabriel Park w/ trails, playgrounds, sports fields, skate park, off-leash dog area, Southwest Community Center, Spring Garden Park: playground, splash pad, & gardens. Restaurant: Fat City Café, Marco’s, Village Coffee, Spielman Bagels, Tastebud pizza, Yalla, Fat Kitty Ramen, Zinc Bistro & Bar Lucky Labrador Public House, Level Beer, Tito’s Taquitos Multnomah French Quarter food carts, John’s Marketplace, Trader Joe’s in Garden Home. Easy access to I-5, Village dining, parks, and grocery runs—without giving up the trees and privacy. Call for a private tour!

5130 SW MULTNOMAH BLVD Unit #C, Portland

$159,000

2 Beds ⋅ 1 Baths ⋅ 489180747 MLS

Welcome to this charming West Hills loft-style condominium, where distinctive architecture and an unbeatable location come together. The thoughtfully designed floor plan features a dramatic barrel-vaulted ceiling with rows of accent lighting that beautifully illuminate both the spacious loft and the inviting living area below, creating a warm and sophisticated atmosphere.This unique home offers endless potential—move in and enjoy it as-is, personalize it to match your style, or add it to your investment portfolio as a rental. Expansive windows and a desirable south-facing orientation fill the home with natural light during the winter months while providing welcome shade throughout the summer, making the space bright and comfortable year-round.Take in sweeping views of Marquam Gulch from the loft, living room, or the generous private deck—an ideal setting for morning coffee, evening sunsets, or simply enjoying the peaceful natural surroundings. Despite its tranquil setting, this home is just minutes from OHSU, Portland State University, downtown Portland, hiking trails, dining, shopping, and convenient commuter routes.Offering a rare combination of character, scenic views, natural light, and exceptional convenience, this West Hills condominium is a wonderful opportunity to enjoy one of Portland's most desirable locations.

847 SW BROADWAY DR Unit #32, Portland

$169,900

1 Baths ⋅ 743775723 MLS

Studio condominium on the 4th floor of Lexis in the Pearl District. 527 sq ft. 1 bathroom. Built 2004. Engineered hardwood flooring. Kitchen with wood cabinets, dishwasher, range, and microwave. Full bath with tub and shower. Walk-in closet. In-unit washer and dryer hookups. Air conditioning in the living area. Elevator. Deeded storage. Common courtyard with seating. HOA includes water, sewer, trash, gas, insurance, and grounds. Building amenities include gym, meeting room, and party room. Tanner Springs Park and the Portland Streetcar are nearby. Schools: Chapman, West Sylvan, Lincoln.

1125 NW 9TH AVE Unit #410, Portland

$195,000

2 Beds ⋅ 1 Baths ⋅ 333783551 MLS

Close-in convenience and top schools make this 2 bed / 1 bath condo an easy choice. Surrounded by great neighborhoods and everyday amenities, it offers a simple, low-maintenance lifestyle in a location that truly works. Fresh herringbone LVP flooring adds modern style, while storage and shared laundry in the building’s lower level provide practical functionality.

5005 SW MITCHELL ST Unit #13, Portland

$189,900

2 Beds ⋅ 1 Baths ⋅ 505398879 MLS

Open House Saturday, 11 AM–2 PM. Close-in, affordable modern living in SW Portland! This well-cared-for, ground-level condominium unit blends a tranquil, woodsy setting with fresh modern updates and mid-century charm. Enjoy a remodeled bathroom, brand-new exterior stairs, fresh interior paint, and brand-new flooring throughout. The spacious kitchen features stainless steel appliances and abundant storage, while the sunny living room offers plenty of natural light and direct access to a covered deck — a peaceful spot to enjoy coffee or dinner. Two nicely sized bedrooms feature generous closets, providing comfortable living and storage. Additional amenities include dedicated parking space, two common laundry rooms, and a private 4’ x 7’ storage unit. Conveniently located by bus lines, shops, restaurants, and all that close-in SW Portland has to offer. Move-in ready, thoughtfully updated, and waiting for your personal touches.

5005 SW MITCHELL ST Unit #2, Portland

$200,000

1 Beds ⋅ 1 Baths ⋅ 478584780 MLS

Filled with charm and character, this one bedroom condo lives large and is sweet as sweet can be! The historical Tudor Arms Building is conveniently located within five minutes of downtown Portland, and less than five minutes to vibrant NW 23rd and the Uptown Shopping Center. Or what about a quick jaunt to Providence Park, Lincoln High School, The MAC or Couch Park? No car is needed! This condo offers so much with beautiful hardwood floors and a wonderful deck off the living room to enjoy the outdoors. Two walk in closets for storage, or in this case, one walk in closet makes a great home office. A private storage unit is provided in the building, and there is on site laundry facilities and also a secure room for bike storage. Tudor Arms is a pet friendly community, so your furry friends can enjoy city life, too.

1811 NW COUCH ST Unit #302, Portland

$185,000

1 Beds ⋅ 1 Baths ⋅ 485825642 MLS

Enjoy single-level living just steps from a 15-mile waterfront walking and biking path. This rare floor plan features an expanded living room, offering more space than most units and deck with a storage closet. The kitchen boasts black appliances, granite countertops, and a large pantry/entry closet for extra storage. The HVAC was replaced in 2025 and a washer and dryer are included for convenience. The courtyard includes a fire pit and gas grill—perfect for relaxing or entertaining. The community provides an onsite grocery store, 24-hour security, a pool, and a hot tub. The communitiy is fully gated in the evenings. The location is hard to beat, offering on-site amenities and close proximity to the MAX train, bus lines, restaurants, parks, shops, and the Moda Center. Additionally, there is no rental cap and short-term rentals of 30 days or more are permitted. Whether you’re looking for a full-time residence, a weekend getaway or an investment property right on the river, this condo checks all the boxes. Live where the view is always changing!

910 NW NAITO PKWY Unit #I-12, Portland

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