PEARL DISTRICT Homes under $400,000

Welcome to the Pearl District, one of Portland, Oregon's most vibrant and sought-after neighborhoods! Nestled in the heart of Multnomah County, this dynamic area is a perfect blend of urban sophistication and artistic charm. Once an industrial hub, the Pearl District has undergone a remarkable transformation into a thriving community filled with trendy boutiques, art galleries, and delightful eateries.

The Pearl District is known for its stunning architecture, featuring a mix of historic warehouses and modern condos, all within walking distance of lush parks and the beautiful Willamette River. This neighborhood is not just about aesthetics; it also offers an active lifestyle with ample opportunities for outdoor activities, including biking along scenic trails and enjoying leisurely strolls through the local parks.

For those looking to invest in their first home or downsize without compromising on quality, the Pearl District offers an enticing selection of homes priced under $400,000. This is a rare find in such a desirable area, making it an excellent opportunity for savvy buyers. These homes often feature contemporary designs with open layouts, large windows for natural light, and access to community amenities that enhance the urban living experience.

Whether you’re a young professional, a creative artist, or anyone in between, the Pearl District provides the perfect backdrop for a vibrant lifestyle. With its unique blend of culture, convenience, and community spirit, this neighborhood is ready to welcome you home. Don’t miss the chance to explore the affordable housing options available in this iconic Portland gem!

Newest PEARL DISTRICT Homes under $400,000

$369,000

1 Baths ⋅ 666173557 MLS

Welcome to your dream urban oasis in Portland's coveted Pearl District! This exquisite NY-style studio loft is the epitome of modern city living, offering a perfect blend of sophistication, convenience, and style. As you step inside, you'll be immediately struck by the sense of space and light that defines this loft. The open concept floorplan creates a seamless flow between living, dining, and sleeping areas, making it ideal for modern living. This studio has been meticulously designed with attention to detail. The kitchen is a true culinary masterpiece, designed for both form and function. It boasts top-of-the-line, high-end appliances that will satisfy even the most discerning chef. Stainless steel finishes, sleek cabinetry, and ample counter space make cooking a joy in the space. Living in this unit allows you to experience the best of Portland's urban lifestyle. Enjoy easy access to top-notch restaurants, art galleries, boutiques, and parks, just minutes away.

1011 NW GLISAN ST Unit #203, Portland

$269,000

1 Beds ⋅ 1 Baths ⋅ 530769841 MLS

Wonderful natural light and high ceilings highlight this one bedroom Pearl District residence. Enjoy the open east facing view through the floor-to-ceiling balcony glass door, slider and transom windows. Stainless refrigerator, dishwasher, new stainless range and microwave. Double closet in bedroom area and great storage along the entry hall. Included washer/dryer located in bathroom. Newer furnace and A/C with Smart thermostat. The eastside units enjoy quieter living with the building's private driveway below instead of a city street. Remarkable exterior redesign of Hoyt Commons completed in 2022 - the transformed building includes new siding, windows, doors, deck surface & railings. Includes a secure parking space and storage. Lower the amount of lender financing needed with the opportunity to assume HOA loan as a portion of the purchase price at a significantly lower interest rate. Live where the Pearl District began!

618 NW 12TH AVE Unit #303, Portland

$325,000

1 Beds ⋅ 1 Baths ⋅ 436061601 MLS

Experience the unique character and endless possibilities of Irving St. Lofts, one of the Pearl District’s most iconic warehouse conversions. Perched on the sixth floor, this spacious loft captures views of downtown Portland and the surrounding Pearl neighborhood while blending authentic industrial architecture with the comforts of modern living. Sunlight pours through expansive windows, illuminating soaring ceilings and beautifully polished/stained concrete floors that reflect the building’s historic roots. Stainless steel appliances complement the open living space, while the rare addition of central air conditioning provides year-round comfort—an uncommon and highly desirable feature within the building. What truly sets this property apart is its exceptional versatility. Zoned EX (Central Employment) and located in a building that welcomes commercial and office use, the space offers remarkable flexibility for those seeking a sophisticated urban residence, creative studio, professional office, or a seamless combination of all three. Whether you’re an entrepreneur, artist, designer, consultant, or simply someone who values adaptable space in an unbeatable location, this loft is designed to evolve with your vision. Beyond the unit itself, residents and business owners enjoy access to a spectacular rooftop deck showcasing panoramic 360-degree views of the Portland skyline, surrounding mountains, and cityscape. One secure parking space, a meeting room and employee restrooms located on the second floor further enhance the property’s live/work appeal. Situated in the heart of the Pearl District with an outstanding Walk Score of 99, you’ll find Portland’s finest dining, shopping, galleries, parks, and nightlife just outside your door. From morning coffee at a neighborhood café to evening strolls through the historic warehouse district, this is urban living at its finest.

1314 NW IRVING ST Unit #605, Portland

$269,000

1 Baths ⋅ 334937102 MLS

Experience elevated urban living at Streetcar Lofts, where thoughtful design and modern style make the most of every inch. Soaring ceilings, expansive windows and an open-concept layout create a light-filled, airy environment that lives large. Located in the heart of Portland’s sought after neighborhood of Pearl District, you’ll enjoy immediate access to cafés, galleries, many dining choices, First Thursday art events, and convenient streetcar transit just steps from your door. Enjoy the well-maintained amenities, including a serene, landscaped courtyard, a fully equipped fitness center, secure parking and welcoming common areas. Simply your lifestyle in the city that you have been looking for is right here!

1030 NW 12TH AVE Unit #130, Portland

$264,000

1 Beds ⋅ 1 Baths ⋅ 145842864 MLS

Welcome to The Avenue, one of the Pearl District's most beloved historic warehouse conversions. This upper floor studio lives large with soaring 13+ foot ceilings, a dramatic wall of grid pattern windows, and city views that fill the space with natural light all day long. 13" concrete floors make it exceptionally quiet. The open floor plan features hardwood floors throughout, stainless steel appliances, a free standing range, built in dishwasher, custom closet organizers, and in unit washer and dryer. Deeded parking included. Building amenities include a gym, common atrium, and meeting room. A walkable Pearl location with a Walk Score of 98 puts you steps from Portland's best parks, restaurants, and shopping. This is urban living done right.

1400 NW IRVING ST Unit #615, Portland

$320,000

1 Beds ⋅ 1 Baths ⋅ 460842186 MLS

East VIEWS of Mount Hood and the City! This contemporary, open-concept 1 bedroom / 1 bathroom condo—with an additional in-unit storage room—is flooded with natural light. Floor-to-ceiling windows showcase stunning city views with peek-a-boo views of Mt. Hood. Located on the incredible 10th floor, this home overlooks the heart of the Pearl District.The European-style efficiency kitchen features a rolling island and stainless steel appliances. Beautiful hardwood floors run throughout the unit. Enjoy access to the 5th-floor community room and west-facing deck—perfect for sunsets—as well as the BBQ and entertaining area. Walk Score: 98.Pets allowed. No short-term rentals. Current waitlist for rentals. Seller Financing Available, Lower interest rate opportunity at 5.5% with 20% down. Interest rate—well below the current market rates, which are generally in the mid-6% to high-6% range. This provides a significant financing advantage for a buyer. Additional details to be provided by listing brokers.

1410 NW KEARNEY ST Unit #1019, Portland

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