Portland NW/ SW/ S, Raleigh Hills Homes under $400,000

Welcome to the charming neighborhoods of Portland’s Northwest, Southwest, and Raleigh Hills! Nestled in the heart of Oregon, these vibrant areas offer a unique blend of urban sophistication and natural beauty, making them ideal for anyone looking to call this part of Portland home.

Portland's Northwest district is known for its eclectic mix of boutiques, coffee shops, and art galleries, all set against a backdrop of stunning views of the West Hills. Here, you’ll find a variety of homes that reflect the city’s architectural diversity, from classic bungalows to modern townhomes. The area is also home to some of Portland’s best parks, including the iconic Washington Park, perfect for weekend picnics or leisurely strolls.

Moving south, the Southwest neighborhoods offer a more suburban feel while still being just minutes away from the bustling downtown. With tree-lined streets and a strong sense of community, this area is ideal for families and young professionals alike. Here, you can discover charming homes under $400,000, providing an excellent opportunity for first-time buyers or those looking to invest in Portland’s real estate market.

Raleigh Hills, located just southwest of downtown, is a hidden gem known for its peaceful ambiance and scenic views. This family-friendly neighborhood boasts excellent schools and parks, making it a perfect place to raise children. Homes in this area are often spacious and well-maintained, providing great value for those seeking comfort and convenience.

Whether you’re drawn to the vibrant energy of Northwest Portland or the serene charm of Raleigh Hills, you’re sure to find a home that suits your lifestyle—all while enjoying the affordability of homes under $400,000 in this beautiful region!

Newest Portland NW/ SW/ S, Raleigh Hills Homes under $400,000

$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

$267,500

1 Beds ⋅ 1 Baths ⋅ 737100850 MLS

Rarely available EAST-FACING residence offering a spectacular urban panorama encompassing the Pearl District, downtown skyline, Fremont Bridge, Mt. St. Helens and Mt. Adams. Immaculately presented and freshly renovated, this exceptional one-bedroom features brand new TAS laminated floors throughout—not vinyl plank—along with a sophisticated kitchen finished in satin-black cabinetry and upgraded GE, Electrolux and KitchenAid appliances. Dramatic 9’ exposed-concrete ceilings provide volume and architectural character. One of a handful of 1 bedroom units that comfortably accommodate a king-size bed. Enjoy effortless lock-and-leave living in a Class A high-rise of concrete-and-steel construction by renowned developer Gerding Edlen. The LEED Gold-certified property was meticulously designed for environmental responsibility, energy efficiency and sustainability. Residents enjoy 24/7 concierge and security, plus highly desirable deeded PARKING—an end space ideally located near the elevators—and a large deeded STORAGE UNIT offering more than 200 cubic feet of secure, bonus storage located in the underground garage. Whirlpool Duet high-capacity washer and dryer and built-in microwave all included. High-efficiency heat-pump for forced-air heating and cooling. Solid HOA financials, the dues include gas, water, sewer, hot-water, trash/recycling, building maintenance & insurance, 24/7concierge/security and professional property management. Ideally situated at the crossroads of the Pearl, Alphabet District, Downtown and Goose Hollow, with the MAX train just steps away for convenient connections to Nike, Intel and PDX Int’l Airport. 99 Walk Score, 82 Transit Score and 91 Bike Score. No rental cap; 30-day minimum lease. Furniture, kitchenware and electronics are negotiable, providing an exceptional opportunity for a turnkey city residence, pied-à-terre or furnished investment.

1926 W BURNSIDE ST Unit #807, 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

$299,000

2 Beds ⋅ 2 Baths ⋅ 402904066 MLS

The ultimate Portland lifestyle in the iconic Portland Plaza. This exceptional building offers the perfect blend of luxury, convenience, and vibrant urban living. Unit 802 showcases floor-to-ceiling windows that span the northwestern side of the city with views of the Fremont Bridge. From sunrise to sunset, every room is framed by breathtaking scenery, creating a living experience that feels both elevated and inspiring. A freshly painted interior, new flooring and tons of storage, this unit is designed for those who value unique style and simplicity...a well-maintained light and bright canvas just waiting for your personal touches! Washer and dryer included in-unit, two bedrooms and two full bathrooms, generous storage and deeded parking - a true lock-and-leave lifestyle! Just moments from Portland’s top restaurants, cultural attractions, shopping, waterfront trails, Portland State University and transit. Occupying an entire city block, Portland Plaza is one of the city’s most prestigious full-service condominium communities. The unmatched collection of amenities include: 24-hour concierge service, a pool, fire pits, BBQ areas, herb gardens, a fitness center, library, and beautifully redesigned lobby and gathering spaces by acclaimed Portland architect Fritz Junker. Strategically priced to sell at $267/sqft, this spectacular unit won't last long!

1500 SW 5TH AVE Unit #802, Portland

$339,000

1 Beds ⋅ 1 Baths ⋅ 278980609 MLS

***OPEN HOUSE SUNDAY 10/4 12p-2p*** Stylish Pearl District loft in an unbeatable NW Portland location! This beautifully appointed home offers an open, airy layout with custom opaque-glass bedroom divider, gourmet kitchen with cherry cabinets, black granite counters, gas range & movable stainless-steel island. Oversized bath features slab-granite counters, soaking tub & full-tile shower with seat. Designer lighting, app-controlled electric shades, 2022 heat pump, 2024 oven & dishwasher, plus deeded parking. Pet- & rental-friendly, non-smoking building with EV charging capability, secure bike storage, 24/7 on-site concierge and security, and community room. HOA includes water, sewer, trash & gas.

333 NW 9TH AVE Unit #609, Portland

$349,500

2 Beds ⋅ 1 Baths ⋅ 305169083 MLS

OPEN HOUSE SAT & SUN 12-2. Don't overlook this one! Almost 1000 sq ft in the Metropolitan with Primary ensuite with room to spare for desk area. There is another den/bedroom (with closet) and across the hall from another bathroom. Cozy up to the fireplace on chilly evenings and make yourself a yummy dinner in your fully equipped kitchen. Go to the workout gym afterward on the second floor. Or meet a friend in the library on the second floor. So many spots to enjoy in this well maintained building. The HOA is very well run. Come see! Location is key for this one bedroom plus den and 1-1/2 baths. Primary is ensuite (Primary shower has just been deep cleaned and regrouted) Immaculate, convenient in the desirable Metropolitan. Tanner Springs Park is out of your door with its tranquility. The Met has many amenities with 24/7 concierge. Guest suites for visitors, gym, wine storage, library, conference room and a social group of people. The balcony project is complete so you'll have a "like-new" balcony!

1001 NW LOVEJOY ST Unit #301, 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

2531 SW SPRING GARDEN ST Unit #14, Portland

$270,000

3 Beds ⋅ 2 Baths ⋅ 703682558 MLS

Discover the perfect balance of privacy and convenience in this beautifully maintained, single-level condo. Whether you are starting your homeownership journey or looking to simplify your life without sacrificing quality, this ground-floor unit offers a rare "right-sized" living experience.From the moment you arrive, you’ll appreciate the ease of one-level living. The layout is designed for effortless flow, moving from a welcoming living space—anchored by a cozy wood-burning fireplace—into a modern kitchen featuring granite countertops and stainless steel appliances. It’s the kind of space that feels both ready for a quiet night in and perfectly suited for hosting friends.Life here is truly low-maintenance. Imagine spending your weekends enjoying your private, fenced patio or taking a stroll through the well-kept grounds of the community, rather than worrying about yard work. The convenience of a dedicated deeded parking spot and in-unit laundry means you can focus on the things that matter most.As a corner-lot unit, there is a sense of openness and natural light that makes the home feel spacious and inviting. The accessible ground-floor design ensures that this home will meet you wherever you are in life’s journey, offering both comfort today and peace of mind for the years to come.Nestled in a quiet pocket of Portland, you are just moments away from the vibrant dining, shopping, and parks of the Westside, yet you return to the tranquility of a well-managed community.Experience the "lock-and-leave" lifestyle you’ve been looking for. Welcome home. [Home Energy Score = 4. HES Report at https://rpt.greenbuildingregistry.com/hes/OR10196236]

2531 SW SPRING GARDEN ST Unit #14, Portland

$399,500

3 Beds ⋅ 2 Baths ⋅ 286073052 MLS

Incredible setting! One of a kind, highly sought after condo. More like a townhouse with 2 levels End unit. Large deck that looks out on large, peacefull garden area. This is what makes this condo so special...No neighbors, just trees, hummingbirds, bunnies and the occasional owl. Quiet and peaceful, the complex is just across the street from Gabriel Park and community center. Just a couple more blocks to Multnomah Village! Lovely home is ready to move in. Vaulted ceilings and large picture windows facing forested area. Living room has a gas fireplace with marble facing and sliding doors to upper deck. Convenient, well designedfloor plan with spacious primary suite off living area and access to upper deck. Main level bathroom recently updated with slate, tumbled marble, quartz, and glass enclosed walk in shower with bench seating. Well appointed kitchen with corian counters, white cabinetry, and stainless appliances. Utility closet and or storage space plus a nice pantry closet. High quality murphy bed in second bedroom allows for dual use room as an office and guest bedroom. Luxury Vinyl flooring on most of the main floor (Acacia) with wall to wall carpeting in bedrooms. Dining area with french doors and sliding screen to spacious and private exterior deck with state of the art retractable awning. Private yard has raised beds and beautiful landscaping with perennials that bloom with color throughout the year. Efficient central air, approximately two years old. HOA includes water, sewer, garbage and upkeep of grounds and garden.

4816 SW CALDEW ST Unit #12A, 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

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