MULTNOMAH VILLAGE Homes under $700,000

MULTNOMAH VILLAGE Homes under $700,000

Welcome to Multnomah Village, a charming and vibrant neighborhood nestled in the heart of Portland, Oregon. Known for its unique blend of small-town charm and urban convenience, Multnomah Village offers an inviting atmosphere perfect for families, professionals, and retirees alike. With tree-lined streets, local boutiques, and delightful eateries, this community captures the essence of Portland’s eclectic spirit.

One of the standout features of Multnomah Village is its diverse array of homes available for under $700,000. Whether you're a first-time homebuyer, looking to downsize, or seeking a cozy retreat, you'll find a variety of options that cater to your needs. From charming bungalows and classic Craftsman-style houses to modern townhomes, the real estate market here is both accessible and appealing. The homes often boast unique architectural details, spacious yards, and proximity to parks, making it a perfect setting for outdoor enthusiasts and those who love to entertain.

Living in Multnomah Village means you're just a stone's throw away from the bustling city of Portland, yet you can enjoy a more laid-back lifestyle. Residents appreciate the easy access to public transportation, making commuting a breeze. Plus, the community hosts a range of local events throughout the year, fostering a strong sense of camaraderie among neighbors.

Explore the possibilities in Multnomah Village, where you can find your dream home without breaking the bank. Embrace the lifestyle that this delightful neighborhood has to offer, and discover why so many choose to call it home.

Newest MULTNOMAH VILLAGE Homes under $700,000

8206 SW 46TH AVE, Portland
$699,900
4 Beds ⋅ 2 Baths ⋅ 445117655 MLS
Hello from the heart of Multnomah Village, where new construction homes like me are rarely found and delivered with this level of design and finish. I’m a modern, thoughtfully crafted home offering an open, light filled layout designed for everyday living and entertaining, with a main level arranged in a great room style that seamlessly connects the living, dining, and kitchen spaces. At my center is a custom kitchen featuring striking tile work, stainless steel appliances, solid surface countertops, two toned cabinetry, and a gas range that anchors the space. Carefully curated finishes add warmth and character throughout, while bedrooms are enhanced by coffered ceilings and accent lighting. My ensuite serves as a true retreat with a dual vanity, walk in shower, and expansive walk in closet. My third level adds exceptional flexibility, offering a private third bedroom alongside a generous rec room that can easily adapt as a fourth bedroom, office, media room, or flex space, all enhanced by vaulted ceilings for an even more open feel. Outside, I feature a fully fenced backyard and covered back porch with recessed lighting, creating a comfortable outdoor extension for year round enjoyment. I also offer a dedicated garage, an increasingly rare and highly sought after feature in today’s housing market, providing secure parking, storage, and everyday convenience. Living here means being moments from Multnomah Village’s beloved shops, cafés, and dining, including Insomnia Coffee, Fat City Café, Marco’s Café, and Lucky Labrador Beer Hall, with outdoor recreation close by at Gabriel Park, just 0.3 miles away. I’m completed with a 1 year builder warranty from a local boutique builder, offering peace of mind alongside modern design, flexibility, and one of Southwest Portland’s most cherished village style settings. [Home Energy Score = 7. HES Report at: https://us.greenbuildingregistry.com/green-homes/OR10249314] [Home Energy Score = 7. HES Report at https://rpt.greenbuildingregistry.com/hes/OR10249314]

8206 SW 46TH AVE, Portland

11041 SW 45TH AVE, Portland
$594,999
4 Beds ⋅ 2 Baths ⋅ 713529227 MLS
PRICE IMPROVED! Rare true one-level living on a level, private corner lot in SW Portland. Enjoy minimal/no-step entry from the attached two-car garage, plus a light-filled 4-bedroom, 2.5-bath layout with 1,797 square feet, separate living, dining, and family rooms, and RV/boat parking.The oversized primary suite was created by combining two adjoining rooms, offering exceptional flexibility for a sitting area, home office, nursery, fitness space, or expanded dressing area. Vaulted ceilings, hardwood floors, generous closet storage, and direct access to the covered deck create a comfortable retreat.The ensuite features a jetted soaking tub, dual-sink vanity, and separate walk-in shower. Three additional main-level bedrooms provide flexible space for guests, an office, or a playroom.Fresh interior paint, new lighting, and new carpet/flooring provide a move-in-ready feel. Major updates include a new roof in 2026, new furnace and gas water heater in 2025, central A/C, and owned solar panels with no solar lease. Additional highlights include a fireplace, double-pane windows, gas forced-air heat, and security system.The fully fenced backyard is designed for enjoying the outdoors, with developed landscaping, trees and shrubs, garden space, a koi pond, covered patio/entry, and an entertainer’s deck for summer dining. A front-yard water feature adds to the home’s inviting setting. Convenient to PCC Sylvania, I-5, Multnomah Village, and downtown Portland.

11041 SW 45TH AVE, Portland

7572 SW 31st AVE, Portland
$414,900
2 Beds ⋅ 2 Baths ⋅ 257993024 MLS
Phenomenal location meets fresh new construction with this thoughtfully designed 2 bedroom, 2½ bathroom condo offering 955 square feet and coveted end unit positioning just outside the heart of Multnomah Village. Step inside to a bright, efficient floor plan that makes excellent use of every inch, with an open main level connecting the kitchen, dining area, and living room for easy everyday living and entertaining. The kitchen offers a clean, modern feel with plenty of workspace and storage, while a slider off the living room opens to a private patio for morning coffee, grilling, or relaxing at the end of the day. A convenient powder room completes the main floor. Upstairs, the vaulted primary suite includes a private bathroom, while the second bedroom and additional full bathroom offer flexibility for guests, a home office, or everyday living. Upstairs laundry keeps chores close to the bedrooms, and energy efficient mini splits provide year round heating and cooling. An exceptional 83 Walk Score puts daily conveniences within easy reach, with Multnomah Arts Center, Village Coffee, Fat City Cafe, Annie Bloom's Books, Grand Central Bakery, and the locally owned shops, dining, and services of Multnomah Village all nearby. Grab coffee, meet friends for a bite, browse neighborhood shops, or enjoy the Village without making every outing a drive. The end unit location provides added separation from neighboring homes, while the street facing position gives the property a distinct presence within this newly built community. 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. List price is for buyers eligible for Portland Housing Bureau's System Development Charge Exemption (SDC), an initiative promoting affordable housing across the City of Portland.

7572 SW 31st AVE, Portland

7564 SW 31st AVE, Portland
$399,900
2 Beds ⋅ 2 Baths ⋅ 763991489 MLS
Phenomenal location meets fresh new construction with this thoughtfully designed 2 bedroom, 2½ bathroom condo offering 970 square feet just outside the heart of Multnomah Village. Step inside to a bright, efficient floor plan that makes excellent use of every inch, with an open main level connecting the kitchen, dining area, and living room for easy everyday living and entertaining. The kitchen offers a clean, modern feel with plenty of workspace and storage, while a slider off the living room opens to a private patio for morning coffee, grilling, or relaxing at the end of the day. A convenient powder room completes the main floor. Upstairs, the primary suite includes a private bathroom, while the second bedroom and additional full bathroom offer flexibility for guests, a home office, or everyday living. Upstairs laundry keeps chores close to the bedrooms, and energy efficient mini splits provide year round heating and cooling. An exceptional 83 Walk Score puts daily conveniences within easy reach, with Multnomah Arts Center, Village Coffee, Fat City Cafe, Annie Bloom's Books, Grand Central Bakery, and the locally owned shops, dining, and services of Multnomah Village all nearby. Grab coffee, meet friends for a bite, browse neighborhood shops, or enjoy the Village without making every outing a drive. Thoughtfully positioned within this newly built community, this interior unit offers the same elevated design and efficient layout in a more value conscious price point. 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. List price is for buyers eligible for Portland Housing Bureau's System Development Charge Exemption (SDC), an initiative promoting affordable housing across the City of Portland.

7564 SW 31st AVE, Portland

7585 SW Capitol HWY, Portland
$389,900
2 Beds ⋅ 2 Baths ⋅ 145504173 MLS
Phenomenal location meets fresh new construction with this thoughtfully designed 2 bedroom, 2½ bathroom condo offering 970 square feet just outside the heart of Multnomah Village. Step inside to a bright, efficient floor plan that makes excellent use of every inch, with an open main level connecting the kitchen, dining area, and living room for easy everyday living and entertaining. The kitchen offers a clean, modern feel with plenty of workspace and storage, while a slider off the living room opens to a private patio for morning coffee, grilling, or relaxing at the end of the day. A convenient powder room completes the main floor. Upstairs, the primary suite includes a private bathroom, while the second bedroom and additional full bathroom offer flexibility for guests, a home office, or everyday living. Upstairs laundry keeps chores close to the bedrooms, and energy efficient mini splits provide year round heating and cooling. An exceptional 83 Walk Score puts daily conveniences within easy reach, with Multnomah Arts Center, Village Coffee, Fat City Cafe, Annie Bloom's Books, Grand Central Bakery, and the locally owned shops, dining, and services of Multnomah Village all nearby. Grab coffee, meet friends for a bite, browse neighborhood shops, or enjoy the Village without making every outing a drive. Thoughtfully positioned within this newly built community, this interior unit offers the same elevated design and efficient layout in a more value conscious price point. 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. List price is for buyers eligible for Portland Housing Bureau's System Development Charge Exemption (SDC), an initiative promoting affordable housing across the City of Portland.

7585 SW Capitol HWY, Portland

7581 SW Capitol HWY, Portland
$409,900
2 Beds ⋅ 2 Baths ⋅ 155670444 MLS
Phenomenal location meets fresh new construction with this thoughtfully designed 2 bedroom, 2½ bathroom condo offering 959 square feet and coveted end unit positioning just outside the heart of Multnomah Village. Step inside to a bright, efficient floor plan that makes excellent use of every inch, with an open main level connecting the kitchen, dining area, and living room for easy everyday living and entertaining. The kitchen offers a clean, modern feel with plenty of workspace and storage, while a slider off the living room opens to a private patio for morning coffee, grilling, or relaxing at the end of the day. A convenient powder room completes the main floor. Upstairs, the vaulted primary suite includes a private bathroom, while the second bedroom and additional full bathroom offer flexibility for guests, a home office, or everyday living. Upstairs laundry keeps chores close to the bedrooms, and energy efficient mini splits provide year round heating and cooling. An exceptional 83 Walk Score puts daily conveniences within easy reach, with Multnomah Arts Center, Village Coffee, Fat City Cafe, Annie Bloom's Books, Grand Central Bakery, and the locally owned shops, dining, and services of Multnomah Village all nearby. Grab coffee, meet friends for a bite, browse neighborhood shops, or enjoy the Village without making every outing a drive. The end unit location provides added separation from neighboring homes, while the street facing position gives the property a distinct presence within this newly built community. 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. List price is for buyers eligible for Portland Housing Bureau's System Development Charge Exemption (SDC), an initiative promoting affordable housing across the City of Portland.

7581 SW Capitol HWY, Portland

7560 SW 31st AVE, Portland
$419,900
2 Beds ⋅ 2 Baths ⋅ 475714282 MLS
Phenomenal location meets fresh new construction with this thoughtfully designed 2 bedroom, 2½ bathroom condo offering 955 square feet and coveted end unit positioning just outside the heart of Multnomah Village. Step inside to a bright, efficient floor plan that makes excellent use of every inch, with an open main level connecting the kitchen, dining area, and living room for easy everyday living and entertaining. The kitchen offers a clean, modern feel with plenty of workspace and storage, while a slider off the living room opens to a private patio for morning coffee, grilling, or relaxing at the end of the day. A convenient powder room completes the main floor. Upstairs, the vaulted primary suite includes a private bathroom, while the second bedroom and additional full bathroom offer flexibility for guests, a home office, or everyday living. Upstairs laundry keeps chores close to the bedrooms, and energy efficient mini splits provide year round heating and cooling. An exceptional 83 Walk Score puts daily conveniences within easy reach, with Multnomah Arts Center, Village Coffee, Fat City Cafe, Annie Bloom's Books, Grand Central Bakery, and the locally owned shops, dining, and services of Multnomah Village all nearby. Grab coffee, meet friends for a bite, browse neighborhood shops, or enjoy the Village without making every outing a drive. The end unit location provides added separation from neighboring homes, while the street facing position gives the property a distinct presence within this newly built community. 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. List price is for buyers eligible for Portland Housing Bureau's System Development Charge Exemption (SDC), an initiative promoting affordable housing across the City of Portland.

7560 SW 31st AVE, Portland

7515 SW CAPITOL HWY, Portland
$460,000
3 Beds ⋅ 3 Baths ⋅ 428556282 MLS
*OPEN SUN, 9/27 from 11-1PM!* Outstanding $25K price reduction! Thoughtfully updated and filled with natural light, this inviting townhome offers a flexible floor plan and an ideal location just moments from the heart of Multnomah Village! The welcoming main level is designed for effortless everyday living, featuring newly installed wood floors, a gas fireplace, and an open concept living and dining area that flows seamlessly into the beautifully renovated kitchen. Complete with stainless steel appliances, an eating island, new countertops & backsplash, abundant cabinetry, and generous prep space, the kitchen is as functional as it is stylish. Upstairs, dual primary suites each feature vaulted ceilings and private ensuite bathrooms, creating comfortable retreats with exceptional privacy. The lower level provides a versatile third bedroom with direct access to a private patio, making it an ideal guest suite, home office, or workout space. Recent updates include a new gas furnace & air conditioning system (2025), carpet (2026), interior paint, tiled fireplace surround and light fixtures. An attached garage with additional storage adds everyday convenience. Set within an intimate, homeowner managed community of just eight residences, the HOA maintains the exterior, driveway, and common areas, with fresh exterior paint scheduled for 2027. Ideally positioned just minutes from Multnomah Village, Hillsdale Shopping Center, and Gabriel Park, you'll enjoy easy access to neighborhood boutiques, popular restaurants, parks, farmers markets, First Friday celebrations, live music, and countless community events. This is low maintenance living in one of Southwest Portland's most special neighborhoods.

7515 SW CAPITOL HWY, Portland

7738 SW 31ST AVE, Portland
$550,000
3 Beds ⋅ 1 Baths ⋅ 548231304 MLS
Welcome to one of Multnomah Village's most charming and versatile homes. Built in 1920 and full of timeless character, this beautifully maintained bungalow blends original craftsmanship with thoughtful modern updates, offering a home that is as functional as it is inviting. Warm hardwood floors, classic built-ins, original woodwork, and abundant natural light create an atmosphere that's both welcoming and full of personality. The spacious floor plan features 3 oversized bedrooms, a dedicated office or creative studio, a walk-in closet in the primary suite, and a charming butler's pantry that adds both character and everyday convenience. Outside, enjoy a fully fenced private backyard with room to garden, entertain, relax, or simply enjoy Portland's beautiful seasons. The lower level features its own exterior entrance, creating exciting possibilities for future ADU potential, multigenerational living, guest quarters, workshop space, or additional flex space (buyer to verify).Major updates provide peace of mind, including new interior paint (2026), new chimney (2026), sewer line replacement (2025), updated kitchen appliances, newer furnace, ductless heating and cooling, EV charger, and a decommissioned oil tank. Adding even more value, the property is zoned RM2 and has a successful history as a professionally managed short-term rental, offering flexibility for homeowners and investors alike. The location is truly exceptional. Just moments from the heart of Multnomah Village, you'll love being able to walk to neighborhood restaurants, coffee shops, boutiques, the weekly farmers market, Gabriel Park, the Multnomah Arts Center, and community events that make this one of Portland's most beloved neighborhoods. Whether you're searching for your forever home, a smart investment, or a property with room to grow and adapt to your lifestyle, this one-of-a-kind bungalow offers character and location in one remarkable package.

7738 SW 31ST AVE, Portland

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The content relating to real estate for sale on this site comes in part from the IDX program of the RMLS of Portland, Oregon. Real Estate listings held by brokerage firms other than this firm are marked with the RMLS logo, and detailed information about these properties include the name of the listing's broker. Listing content is copyright © 2026 RMLS of Portland, Oregon. All information provided is deemed reliable but is not guaranteed and should be independently verified. This content last updated on . Some properties which appear for sale on this web site may subsequently have sold or may no longer be available.