SOUTH PORTLAND Homes under $600,000

Welcome to South Portland, a vibrant and charming subdivision nestled in the heart of Multnomah County, Oregon. This delightful area, known for its stunning views of the Willamette River and easy access to the bustling energy of downtown Portland, offers a unique blend of urban convenience and suburban tranquility.

South Portland is characterized by its diverse array of homes, many of which are available for under $600,000, making it an attractive option for first-time homebuyers, young professionals, and families alike. From cozy bungalows to modern townhomes, this community boasts a variety of architectural styles that cater to different tastes and lifestyles. The affordability of homes in this area allows residents to enjoy the best of both worlds—affordable living without sacrificing quality or location.

Residents of South Portland benefit from a wealth of amenities, including parks, local shops, and a vibrant dining scene. The nearby waterfront is perfect for outdoor enthusiasts, offering walking and biking trails that provide breathtaking views of the river and the iconic Portland skyline. Families will appreciate the excellent schools and community resources available, fostering a friendly and supportive neighborhood atmosphere.

With its rich culture, beautiful surroundings, and a strong sense of community, South Portland is more than just a place to live; it’s a place to thrive. Whether you’re looking to invest in your first home or seeking a welcoming community to settle down in, South Portland offers an enticing opportunity that you won’t want to miss. Come explore this hidden gem and discover your perfect home today!

Newest SOUTH PORTLAND Homes under $600,000

$420,000

3 Beds ⋅ 1 Baths ⋅ 158882968 MLS

Bring your vision to this 1970s ranch, a manageable project with plenty of potential in one of Portland's most convenient locations. The easy-living floor plan has great flow from the living room to the kitchen and dining area with sliding doors to the backyard deck. Original hardwood floors, in good condition, and an oversized attached garage offer a solid foundation for the right buyer to refresh and make this home their own. This is a solid choice for either a flipper or a homeowner that wants a house in a lovely location for a reasonable price. Enjoy nearby shops, restaurants, and pubs, with quick access to downtown, PSU, OHSU, and major commuter routes. [Home Energy Score = 6. HES Report at https://rpt.greenbuildingregistry.com/hes/OR10252475]

322 S NEBRASKA ST, Portland

$584,900

2 Beds ⋅ 2 Baths ⋅ 256390707 MLS

Warmth and craftsmanship exude from this townhouse-style condo in South Portland. Enjoy unbeatable proximity to both OHSU campuses while tucked away in a quiet enclave on a dead-end street. The open-concept main level features a spacious kitchen with abundant counter space and cabinet storage, a large dining room built for hosting, and an inviting living room with a gas fireplace. Step onto the oversized deck to soak in panoramic Willamette River views and glimpses of Mt. Hood. Upstairs, two primary suites boast vaulted ceilings, private ensuite baths, and convenient top-floor laundry. The lower level offers an oversized garage with exceptional storage, plus a versatile bonus room—perfect for a home office or guest space—complete with its own private patio. Peaceful, practical, and immediately welcoming.

4642 SW CONDOR AVE Unit #2, Portland

$449,900

5 Beds ⋅ 2 Baths ⋅ 591548893 MLS

Location, location, location - first time buyers, investors and house hackers take note! This turnkey 5-bedroom Victorian in a high demand area has a documented rental history consistently generating over 3k per month. Excellent proximity to both PSU and OHSU campuses entices a large pool of renters and increases rental value - not to mention presenting opportunities for mid-term rentals. Large common areas like the spacious living room and updated kitchen with quartz countertops and newer stainless steel appliances make this charming Victorian a perfect fit! First time buyers will appreciate the value and close-in location! Other perks include two updated bathrooms on the main and a patio perfect for outdoor hangs and barbecues. Plus an extremely low-maintenance yard and an impressive history of maintenance, repairs and updates including but not limited to: a new sewer line in 2023, new furnace 2023, much of siding replaced with hardiplank, partial roof replacement 2020, upgraded electrical service, newer flooring and more. All just a short walk from PSU, OHSU and attractive local amenities like the PSU farmer’s market and the Duniway Park track, with inspiring city views, a Mt Hood view from the primary, excellent public transit (Transit Score 87) and a desirable school district. Come tour your next great investment! [Home Energy Score = 4. HES Report at https://rpt.greenbuildingregistry.com/hes/OR10010174]

653 SW SHERMAN ST, Portland

$499,900

2 Beds ⋅ 2 Baths ⋅ 689556139 MLS

Brand new in South Portland with a main level bedroom and full bath, plus a rare fenced yard with lawn and covered patio, this thoughtfully designed 3 bedroom, 3 full bathroom home offers flexibility on both levels. Outdoor space like this is increasingly difficult to find in Portland new construction, giving you a true backyard setting with room to relax, garden or entertain. Step inside to an open kitchen, dining and living area with direct access to the covered patio and private yard. The kitchen pairs painted shaker cabinetry with slab counters, a full height backsplash, stainless steel appliances, and black fixtures, while detailed millwork and wainscoting add character throughout the main living spaces. The main level bedroom creates useful separation for guests, work from home or flexible daily living, with a full bath nearby. Upstairs, the primary bedroom features a coffered ceiling with crown molding and private bath, joined by a second bedroom, full hall bath and laundry area. The covered patio extends the living space for year round outdoor enjoyment, while the lawn and fenced yard offer a level of private outdoor usability rarely found in comparable new construction homes. A 2-10 Builder Warranty is included at closing for added peace of mind, while minisplit heating and cooling add everyday comfort. Unlike many other new construction homes, this property is not a condo and has no HoA. Upon final recording of the land division, ownership will include the underlying lot with no additional monthly association dues. Enjoy an amenity rich Portland location near Fulton Park, Willamette Park and the Willamette Greenway Trail, with John's Landing dining, coffee and everyday shopping nearby plus convenient access to the Sellwood Bridge, OHSU, Barbur Blvd, I-5 and downtown Portland. Rare private outdoor space, flexible living and thoughtful new construction come together in a home that stands apart.

7260 SW 1st AVE, Portland

$519,900

3 Beds ⋅ 3 Baths ⋅ 208460423 MLS

Brand new in South Portland with a main level bedroom and full bath, dedicated off street parking via the driveway/parking pad, a fenced backyard and covered patio, this thoughtfully designed 3 bedroom, 3 full bathroom home offers flexibility on both levels. Step inside to an open kitchen, dining and living area with direct access to the covered patio and private outdoor space. The kitchen pairs painted shaker cabinetry with slab counters, a full height backsplash, stainless steel Whirlpool appliances, and black fixtures, while detailed millwork and wainscoting add character throughout the main living spaces. The main level bedroom creates useful separation for guests, work from home or flexible daily living, with a full bath conveniently nearby. Upstairs, the primary bedroom features a coffered ceiling with crown molding and private bath, joined by a second bedroom, full hall bath and convenient laundry area. Outside, low maintenance landscaping keeps the fenced yard manageable while still giving you room to relax, and the covered patio extends the living space for year round outdoor enjoyment. Minisplit heating and cooling add comfort and practicality. Unlike many other new construction homes, I am not a condo and have no HoA. Upon final recording of the land division, ownership will include the underlying lot with no additional monthly association dues. Enjoy an amenity rich South Portland location near Fulton Park with its playground, basketball court, soccer field, paths and community garden. Nearby Willamette Park adds riverfront paths, tennis courts, a dog off leash area and boat access along the Willamette Greenway Trail. John's Landing dining, coffee and everyday shopping are close by, with convenient access to the Sellwood Bridge, OHSU, Barbur Blvd, I-5 and downtown Portland. A 2-10 Builder Warranty is included at closing for added peace of mind.

7250 SW 1st AVE, Portland

$279,000

2 Beds ⋅ 2 Baths ⋅ 638569291 MLS

Urban Convenience Meets Comfortable SW Portland Living! Exceptional SW Portland Living with TWO Parking Spaces & Great Walkability! Thoughtfully designed with 2 beds/2 baths, separate living, dining & utility spaces for comfortable living and privacy. The inviting living room features a gas fireplace and slider opening to a private balcony, while the formal dining room provides an ideal space for entertaining. The galley kitchen offers a dishwasher, range, refrigerator, ample cabinetry and generous counter space, with an adjoining laundry room including washer & dryer. Newer LVP flooring extends through the kitchen, dining, living & bathrooms. Spacious two bedrooms include a private suite with walk-in-closet and an ensuite bath, creating a comfortable retreat. Enjoy central air, gas forced-air heating & HOA-covered hot water, internet & cable. Rare TWO assigned parking spaces—one secure covered space & one uncovered space—plus an additional private storage locker. Secured entry, secured mailroom, secured storage & elevator add peace of mind and ease of living. With a Walk Score of 76, enjoy an easy stroll or bike ride to coffee shops, restaurants, bars, shopping, downtown, John's Landing, South Waterfront, Willamette Park, OHSU & the Portland Aerial Tram, plus the Willamette River. Easy access to I-5/I-405 makes commuting a breeze. A fantastic opportunity to enjoy low-maintenance living in one of Portland's most convenient locations!

4320 S CORBETT AVE Unit #114, 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.

SOUTH PORTLAND Homes under $600,000

Newest SOUTH PORTLAND Homes under $600,000

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