Portland Southeast Homes under $400,000

Welcome to Southeast Portland, a vibrant and eclectic part of the city that perfectly blends urban charm with natural beauty. Known for its diverse neighborhoods, Southeast Portland is a haven for those who appreciate a unique lifestyle filled with art, culture, and community spirit. With its tree-lined streets, historic homes, and an array of parks, this region offers an inviting atmosphere that beckons families, young professionals, and retirees alike.

One of the most appealing aspects of Southeast Portland is the affordability of homes in the area. Yes, you read that right! You can find charming homes under $400,000, making it an ideal spot for first-time homebuyers or anyone looking to invest in a property without breaking the bank. These homes often feature classic architectural styles, cozy interiors, and plenty of character, giving you the opportunity to create your own sanctuary in this dynamic neighborhood.

In addition to affordable housing, Southeast Portland boasts an abundance of local amenities. Enjoy weekend strolls through the vibrant farmer’s markets, indulge in the culinary delights at local eateries, or explore the artistic expressions found in galleries and studios. With easy access to public transportation and major highways, commuting to downtown Portland or the surrounding areas is a breeze.

Whether you’re drawn to the lively arts scene, the lush green spaces, or the welcoming community, Southeast Portland is a place where you can truly feel at home. Discover your perfect abode in this captivating region today!

Newest Portland Southeast Homes under $400,000

$330,000

2 Beds ⋅ 2 Baths ⋅ 667349701 MLS

New in 2024 and still feeling like it. This 2-bedroom, 2.5-bath townhome offers 1,095 square feet of efficient, low-maintenance living on SE Duke in Brentwood-Darlington. The main level opens into a living room that flows into the adjoining dining area, with a bright kitchen set up for everyday cooking: refrigerator, dishwasher, electric range, and microwave. An oversized utility room with pantry storage keeps the rest of the floor plan clear. Upstairs, two bedrooms and a full bath sit above a half bath on the main level. Mini-split heating and air conditioning cover the seasons without a traditional furnace. Out back, a fully fenced yard gives you a private spot for coffee, a grill, or a dog.Brentwood-Darlington sits between SE 45th and 82nd, just south of Woodstock, with Brentwood Park and Errol Heights nearby and everyday errands along Flavel, Woodstock, and 82nd. A straightforward newer home with the systems and finishes already in place.

5720 SE DUKE ST, Portland

$399,900

3 Beds ⋅ 2 Baths ⋅ 280168045 MLS

Beautifully renovated one-level home offering 3 bedrooms, 2 baths, and a comfortable, functional layout. Laminate flooring flows throughout the entire home, creating a clean and cohesive feel. The living room features a ceiling fan and fireplace, while the open dining and kitchen area provides an inviting space for everyday living and entertaining. Sliding doors off the dining area open directly to the backyard, creating an easy connection between indoor and outdoor spaces. The primary bedroom includes a private ensuite bathroom. Outside, the fully fenced backyard is exceptionally spacious and surrounded by tall trees, providing privacy and plenty of room to relax, garden, play, or entertain. A move-in-ready home with a great combination of updated interiors and a generous private outdoor space. [Home Energy Score = 3. HES Report at https://rpt.greenbuildingregistry.com/hes/OR10251559]

2340 SE 113TH AVE, Portland

$300,000

2 Beds ⋅ 1 Baths ⋅ 286576814 MLS

Come home to your own little retreat in the Mt. Tabor area. This charming 2 bedroom, 1 bathroom condo offers 769 square feet of comfortable living, a cozy fireplace, and a private patio and garden space that feels tucked away from the city. Enjoy being approximately a 15 minute walk from beautiful Mt. Tabor Park while still having convenient access to restaurants, shops, and neighborhood amenities.A unique opportunity for buyers looking for an alternative path to ownership, seller financing is available for qualified buyers. [Home Energy Score = 7. HES Report at https://rpt.greenbuildingregistry.com/hes/OR10165913]

104 SE 73RD AVE, Portland

$375,000

3 Beds ⋅ 1 Baths ⋅ 503634128 MLS

Tastefully updated and move-in ready! Situated on a HUGE, oversized lot of nearly 1/4 acre, this property offers an incredible amount of space for the hobbyist, additional storage, outdoor entertaining, or future possibilities. The home features a refreshed kitchen, fresh interior and exterior paint, new flooring, new doors and trim, and numerous additional updates throughout. The detached garage provides the perfect setup for a workshop, hobby space, or extra storage. With a spacious lot, thoughtful updates, and tons of versatility, this property is a rare find. Don’t miss this one!

2814 SE 145TH AVE, Portland

$393,000

3 Beds ⋅ 1 Baths ⋅ 155365633 MLS

**OPEN HOUSE, Sunday Oct 11 from 12-2** WOW! This cute 3-BD, one-level ranch has nearly 1000 sq ft of PARKING + an oversized 525 sq ft garage with electricity and a storage loft! The adorable house is light and bright featuring original hardwood floors and neutral colors with a large main bathroom with a tub/shower PLUS a half bath adjacent to the indoor laundry room. It's next to Ventura Park where you can enjoy movies, concerts and festivals all summer! It's also conveniently located across the park from Ventura Park Elementary School. Near bus lines & MAX with quick access to I-205, plus it has a BikeScore® of 94—so practical for commuting. You'll love the backyard that is fully fenced and features a covered patio and mature landscaping that provides privacy and year-round enjoyment. Plus, there is amazing storage in the house attic and garage loft and the gutters are only 3 years old. It’s easy to say “YES” to this home with so many possibilities! [Home Energy Score = 2. HES Report at https://rpt.greenbuildingregistry.com/hes/OR10248855]

11726 SE OAK ST, Portland

$374,999

4 Beds ⋅ 1 Baths ⋅ 275882467 MLS

Bright, updated, and move in ready. This Portland home features an open, easy flowing layout with modern finishes, a light filled kitchen, and refreshed bathrooms that add a clean, polished feel. Flexible living spaces across two levels offer room to live, work, and recharge, while the spacious yard invites endless possibilities for outdoor enjoyment. This home wasn't just aesthetically refreshed, the furnace and electrical panel are brand new to bring an extra level of peace of mind. Well positioned near parks, shops, and daily conveniences, this home combines comfort and practicality in one compelling package. Your next move starts here! [Home Energy Score = 1. HES Report at https://rpt.greenbuildingregistry.com/hes/OR10240126]

9828 SE ELLIS ST, Portland

$99,500

3 Beds ⋅ 2 Baths ⋅ 288741696 MLS

Offering outstanding value and remarkably low park fees, this charming home blends comfort, convenience, and a great location. The 3-bedroom, 2-bath layout includes vaulted ceilings, a bright kitchen with stainless steel appliances, a separate laundry room, and an outdoor shed for extra storage. Nestled on a peaceful cul-de-sac, the setting provides both privacy and ease of access to nearby shopping, restaurants, entertainment, and recreation.The primary suite is a relaxing retreat featuring a tub/shower combo and a spacious walk-in closet.The Sellers have recently made several upgrades to the home including a new HVAC system and water heater, several new windows, as well as having addressed all known maintenance issues to provide a new owner with a move-in ready home.

7842 SE LINDY ST, Portland

$350,000

2 Beds ⋅ 1 Baths ⋅ 771036594 MLS

There’s something especially appealing about having a home that feels completely your own—without taking on more space or upkeep than you need. This completely detached cottage brings plenty of light, personality, and independence to a lively pocket of SE Portland, with coffee, parks, restaurants, shops, and everyday essentials close at hand.Life settles into an easy rhythm here. Start the morning at your table with coffee as sunlight streams through the big windows. When the weather turns, curl up by the fireplace and let the day slow down. The open kitchen keeps you connected to the rest of the living space, whether you’re making a quiet dinner for yourself or catching up with friends while you cook.Quartz counters, stainless steel appliances, and generous storage make it equally ready for a quiet dinner at home or friends arriving at the door.Then slide open the glass doors and take the living outside. A private patio and low-maintenance yard give you just the right amount of room for a BBQ, outdoor table, a few pots, and maybe some herbs or tomatoes when spring rolls around. It’s outdoor space you’ll actually use, without turning Saturday into a yard-work marathon.Upstairs, two bedrooms create a comfortable retreat from the main living level. Make the second bedroom whatever you need it to be—a guest room, office, workout space, or creative studio. With laundry nearby and thoughtful storage throughout, the everyday stuff stays simple and within reach.And then there’s the neighborhood. Mt. Scott Park and Community Center are just a few blocks away, putting green space, recreation, and a community pool close to home. Head to Woodstock for groceries, coffee, dinner, drinks, and neighborhood shops. Reed College and Woodstock Park are nearby, too, giving you plenty of reasons to get outside and explore this corner of SE Portland.Artisan at Ramona delivers the independence of a detached home in a manageable footprint. [Home Energy Score = 10. HES Report at https://rpt.greenbuildingregistry.com/hes/OR10245172]

6491 SE Ramona ST Unit #B, Portland

$349,900

2 Beds ⋅ 2 Baths ⋅ 595843610 MLS

Nestled in the heart of Brentwood Darlington, I pair detached cottage living and low maintenance ease with a full appliance package in one outstanding Southeast Portland offering. Unlike many other new construction homes, I am not a condo and have no HoA. You own the underlying lot outright and have no additional monthly dues to worry about. Crafted by a local family builder with roots in finish carpentry, I reflect enduring craftsmanship, forward thinking design, and a commitment to strengthening Portland’s neighborhoods. Built better from the finish up. Inside, I offer 978 square feet with 2 bedrooms and 2½ bathrooms across an efficient two level plan. My open main level brings the kitchen, dining, and living spaces together for comfortable daily living and easy entertaining. Solid surface countertops, practical storage, and a peninsula island with eat bar support everything from quick meals to hosting friends. A full appliance package with refrigerator, washer and dryer, along with included window coverings, helps ease the move in process. Mini split heating and cooling on my main level and in each bedroom provides efficient year round comfort throughout every key living space. Upstairs, two bedrooms and two full bathrooms offer privacy and everyday function, while tasteful coffered ceilings add an elevated finish detail. Outside, my patio provides room for dining, planters, morning coffee, or unwinding in the fresh air without taking on extra upkeep. Brentwood Park is just up SE 60th with paved paths, picnic areas, play spaces, sports fields, volleyball, and open green space, while the nearby community garden adds to the rooted neighborhood feel. Woodstock New Seasons, Mt. Scott Community Center, Foster area dining, neighborhood coffee, parks, errands, and bike routes are all within easy reach. Nearby Woodstock shops and restaurants add even more convenience, helping me live larger than my footprint in everyday Southeast Portland style.

7045 SE 60th AVE, Portland

$324,900

2 Beds ⋅ 2 Baths ⋅ 548784810 MLS

Welcome to polished new construction in Portland’s Reed neighborhood, where my 88 Bike Score and proximity to Reed College put parks, restaurants, neighborhood essentials and Crystal Springs Rhododendron Garden close at hand. Woodstock, Brooklyn and Westmoreland expand your options for coffee, dining, shopping and recreation while I maintain a quieter residential setting in close in SE Portland. Crafted by a local boutique builder known for elevated interior detailing, I stand apart with illuminated crown molding, architectural built ins, designer accent walls and layered lighting throughout. My open main level connects the kitchen, dining and living spaces for an easy everyday flow. In my kitchen, rich cabinetry, an intricate backsplash, floating shelves and accent lighting create a warm, polished backdrop, while the living area is anchored by a dramatic feature wall with built ins and soft ambient lighting. A guest bathroom continues the distinctive design with moody finishes and elegant tilework. Upstairs, my primary suite and spacious secondary bedroom feature soaring ceilings, oversized windows and perimeter lighting that adds another layer of architectural interest. My thoughtful bedroom separation offers flexibility for guests, shared living, work from home needs or additional privacy. Outside, my private fenced yard and patio create room for morning coffee, gardening, pets or relaxing outdoors. With refined finishes, distinctive details and a location near Reed College and some of Southeast Portland’s favorite neighborhoods, I bring character and convenience together in a brand new home. 100% financing may be available to qualified buyers; ask for details. The list price reflects buyer eligibility for the Portland Housing Bureau System Development Charge exemption program, with owner occupancy as the primary buyer requirement.

5169 SE 28th AVE, Portland

$399,999

3 Beds ⋅ 2 Baths ⋅ 755116475 MLS

Incredible opportunity on a remodeled & updated 1941 ranch home on an almost 8,000 sq. ft. fenced lot. This is no cookie-cutter; this is a unique and much-loved home. Gated driveway with room for 4 to 6 cars, RV, boats and more. Large tool shed. Near Mt. Scott, Leach Botanical Garden, Powell Butte and numerous trails, parks and schools. Updated kitchen with Island and French doors onto the brand-new cedar deck. Newer roof, gutters and downspouts (2023), TPO roofing (2017). Heat pump & A/C mini-split system (2017), plus updated plumbing 2021 and electrical. Primary suite with beamed ceilings, walk-in closet and private bathroom. 3rd bedroom is non-conforming. Great price on a great house. Check out the 3D tour and floor plan. [Home Energy Score = 6. HES Report at https://rpt.greenbuildingregistry.com/hes/OR10252395]

6000 SE 128TH AVE, Portland

$314,900

2 Beds ⋅ 2 Baths ⋅ 423554037 MLS

From neighborhood coffee runs to evenings on my private patio, I make close in Portland living feel easy. In Sellwood-Moreland, I’m a brand new condo with a bright, open main level that welcomes natural light through large windows, creating an inviting space to cook, gather and unwind. My kitchen pairs solid surface countertops, custom cabinetry, stainless steel appliances and tile accents for a polished finish with everyday function. Upstairs, both bedrooms feature tray ceilings and their own private full bathroom, offering comfort and flexibility for guests, shared living or a home office. In unit laundry adds convenience, and energy efficient mini-splits provide year round heating and cooling. My fenced patio gives you a place to enjoy morning coffee or relax outdoors, while a one year builder warranty offers peace of mind as you settle in. With a Walk Score of 89 and Bike Score of 95, my location puts neighborhood favorites like Blue Kangaroo Coffee Roasters, Grand Central Bakery, Bible Club and Moreland Ale House within easy reach. Sellwood Riverfront Park, Westmoreland Park and the Springwater Corridor offer nearby opportunities to get outside, while access to the MAX Orange Line and bus routes provides more ways to get around. Every detail reflects the vision of a multi-year Street of Dreams builder, blending elevated design with everyday livability and backing every home with an exceptional warranty. This is how your home was meant to be. My list price is subject to the Portland Housing Bureau’s SDC Program. Buyers must occupy the home as their primary residence to qualify.

1865 SE Tacoma ST Unit #3, Portland

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