Featured Properties

Some or all of the listings below are provided by the Portland - MLK office.
$599,900 (USD)
Active

Centennial Area Residential

Active

501 SE 157th Ave Portland, OR 97233

6 Bed
3 Baths
3503 sqft
MLS# 708957593
Whether you're looking to subdivide and build, maintain as an income-producing property, or create the perfect multi-generational living compound, this property offers endless possibilities in a prime location. Fantastic tri-plex with exceptional flexibility and income potential! Situated in the Centennial neighborhood on a rare, dividable 0.48-acre lot zoned RM1, this property offers a unique blend of current cash flow and future development possibilities. Each of the three units features 2 bedrooms and 1 bathroom, with updates completed to varying degrees. Units are equipped with central air conditioning, in-unit washers and dryers, electric or gas ranges, and free-standing refrigerators for tenant convenience. Unit 505 showcases wood flooring, black appliances, a cozy fireplace with brick surround, and a stackable washer and dryer. Unit 511 offers distinctive Spanish tile in the kitchen, stainless steel appliances, gas cooking, a carpeted living room with a woodstove, a full-size washer and dryer, and a relaxing soaking tub. Unit 513, located on the lower level, features laminate wood flooring, white appliances, a built-in microwave, and a soaking tub. Residents enjoy access to shared outdoor spaces complete with a covered back patio, raised garden beds, and an inviting outdoor fireplace. The expansive, level backyard provides ample room for gardening, recreation, or future expansion. Additional highlights include two rentable garages for added income and driveway parking for at least six vehicles.
Listing Courtesy of RMLS / Windermere Realty Trust / Jeff Capen
$599,900 (USD)
Active

Centennial Area Multifamily

Active

501 SE 157th Ave Portland, OR 97233

6 Bed
6 Baths
3503 sqft
MLS# 785509330
Fantastic tri-plex opportunity with exceptional flexibility and income potential! Situated in the Centennial neighborhood on a rare, dividable 0.48-acre lot zoned RM1, this property offers a unique blend of current cash flow and future development possibilities. Each of the three units features 2 bedrooms and 1 bathroom, with updates completed to varying degrees. Units are equipped with central air conditioning, in-unit washers and dryers, electric or gas ranges, and free-standing refrigerators for tenant convenience. Unit 505 showcases wood flooring, black appliances, a cozy fireplace with brick surround, and a stackable washer and dryer. Unit 511 offers distinctive Spanish tile in the kitchen, stainless steel appliances, gas cooking, a carpeted living room with a woodstove, a full-size washer and dryer, and a relaxing soaking tub. Unit 513, located on the lower level, features laminate wood flooring, white appliances, a built-in microwave, and a soaking tub. Residents enjoy access to shared outdoor spaces complete with a covered back patio, raised garden beds, and an inviting outdoor fireplace. The expansive, level backyard provides ample room for gardening, recreation, or future expansion. Additional highlights include two rentable garages for added income and driveway parking for at least six vehicles. Whether you're looking to subdivide and build, maintain as an income-producing property, or create a multi-generational living compound, this property offers endless possibilities in a prime location.
Listing Courtesy of RMLS / Windermere Realty Trust / Jeff Capen
$599,900 (USD)
Active

Centennial Area Land

Active

501 SE 157th Ave Portland, OR 97233

Bed
0 Baths
sqft
MLS# 664175852
Fantastic land bank with wonderful cash flow situated in the Centennial neighborhood on a rare, dividable 0.48-acre lot zoned RM1, this property offers a unique blend of cash flow and future development possibilities. Each of the three units features 2 bedrooms and 1 bathroom, with updates completed to varying degrees. Units are equipped with central air conditioning, in-unit washers and dryers, electric or gas ranges, and free-standing refrigerators for tenant convenience. Unit 505 showcases wood flooring, black appliances, a cozy fireplace with brick surround, and a stackable washer and dryer. Unit 511 offers distinctive Spanish tile in the kitchen, stainless steel appliances, gas cooking, a carpeted living room with a woodstove, a full-size washer and dryer, and a relaxing soaking tub. Unit 513, located on the lower level, features laminate wood flooring, white appliances, a built-in microwave, and a soaking tub. Residents enjoy access to a shared outdoor spaces complete with a covered back patio, raised garden beds, and an inviting outdoor fireplace. The expansive, level backyard provides ample room for gardening, recreation, or future expansion. Additional highlights include two rentable garages for added income and driveway parking for at least six vehicles. Whether you're looking to subdivide and build on the entire lot or a portion thereof, maintain as an income-producing property, or create a multi-generational living compound, this property offers endless possibilities in a prime location.
Listing Courtesy of RMLS / Windermere Realty Trust / Jeff Capen
$515,000 (USD)
Active

Forest Heights-Brownstones Area Condominium

Active

10253 NW Wilshire Ln Portland, OR 97229

3 Bed
3 Baths
1757 sqft
MLS# 233281758
Nestled in the highly sought-after Forest Heights community, 10253 NW Wilshire Ln offers a truly rare opportunity to own a beautifully updated end-unit brownstone surrounded by trails, trees, and everyday conveniences.This 3-bedroom, 3-full-bath home has been thoughtfully renovated from top to bottom with timeless, high-end finishes. Newer white oak floors run throughout, complemented by all-new West Elm and Moss & Cedar lighting that elevates every space. The kitchen shines with quartz countertops, tile backsplash, and a full suite of updated Café appliances—including gas range/oven, refrigerator, dishwasher, and built-in microwave—plus a bonus space just off the kitchen perfect for a home office, breakfast nook, or flex space.The light-filled living room features custom built-ins, a gas fireplace, and tall windows that bring the outdoors in. Step outside to your private deck—an ideal spot for summer dining and relaxing.Upstairs, the primary suite is a true retreat with a walk-in closet complete with custom California Closets built-ins and a beautifully updated bath featuring a skylight, new vanity and fixtures, and a stunning floor-to-ceiling tiled walk-in shower with modern brass finishes. A second updated bathroom upstairs adds style and convenience. Downstairs, a second suite includes an updated bath and opens via sliding doors to its own private patio and yard area—perfect for guests, multi-generational living, or a private work-from-home setup. All bedroom closets include custom California Closets organizers.Additional upgrades include a Navien tankless water heater (2024) and air conditioning (2023). Every detail has been carefully chosen and impeccably executed—no stone left unturned.Enjoy the best of Forest Heights living with serene pathways right outside your door, a true “in the forest” feel, and walkable access to Forest Heights Park, coffee, dining, and more.
Listing Courtesy of RMLS / Windermere Realty Trust / Christopher Barnes
$499,000 (USD)
Active

Kerns, Buckman Area Townhouse

Active

1620 NE Glisan St Portland, OR 97232

2 Bed
3 Baths
1356 sqft
MLS# 436410323
Immaculate and beautifully maintained townhome nestled on a low-traffic block in the heart of the vibrant Kerns/Buckman neighborhood. No HOA here! This rare offering seamlessly blends modern comfort with timeless style. The main level welcomes you with rich acacia wood flooring, soaring ceilings, and an abundance of natural light that creates an airy, inviting atmosphere throughout. The kitchen is a true standout—featuring sleek granite countertops, tile backsplash, newer appliances, ample cabinetry, and a convenient eat-in bar perfect for casual dining or entertaining guests. The adjoining living & dining rooms offer a warm and cozy retreat with a gas fireplace and slider to the front patio, while the versatile den provides the ideal space for a home office or reading nook, complete with sliding door to a private back patio. A stylish half bath rounds out the main floor. Upstairs, the spacious primary suite offers a peaceful escape with an ensuite bathroom designed for comfort and privacy featuring granite counters & walk-in shower with tile and stone. A second bedroom, an additional full bathroom, and a dedicated laundry room provide both functionality and ease of living on this floor. Additional highlights include central A/C for year-round comfort, abundant storage throughout, and a convenient attached garage. PLUS- New Anderson windows throughout & new 23' roof. Located just moments from an array of popular shops, dining hotspots, parks, and easy freeway access, this home delivers the perfect balance of urban convenience and neighborhood charm—and remember- NO HOA. This is a truly special opportunity to own a turnkey home in one of Portland’s most sought-after neighborhoods—don’t let it pass you by! [Home Energy Score = 7. HES Report at https://rpt.greenbuildingregistry.com/hes/OR10246566]
Listing Courtesy of RMLS / Windermere Realty Trust / Andrea Pienovi Baffaro
$479,000 (USD)
Active

Bridgeton Neighborhood Area Residential

Active

173 NE Bridgeton Rd 25 Portland, OR 97211

3 Bed
2 Baths
1919 sqft
MLS# 668326506
Live Your Best Portland Summer—Right on the WaterWelcome to life on the river, where every day feels like a getaway. This beautifully updated floating home offers the perfect blend of comfort, charm, and waterfront living—complete with a rare wide slip and open river views toward The Island Cafe.Imagine summer days spent boating to nearby restaurants and cafés, paddleboarding from your doorstep, and soaking up the sun from one of two spacious decks. With a 36' wide dock, there’s room for your boat, jet ski, and all your water toys—making it effortless to embrace the best of Portland’s river lifestyle.Inside, the home is warm and inviting with a remodeled kitchen featuring granite countertops, abundant cabinetry, and an eat-in bar—ideal for cooking and entertaining. The main-level primary suite offers easy living, while additional bedrooms provide space for guests, hobbies, or work-from-home.From magical sunrises and sunsets to watching wildlife drift by—otters, herons, even the occasional sea lion—every moment here feels special. In the cooler months, enjoy front-row seats to the Christmas Ships Parade; in summer, take in the lively boat activity and community events.Located in the welcoming Bridgeton neighborhood, known for its strong sense of community, shared gatherings, and easy access to nearby golf clubs, shops, and dining. Bike routes and green spaces are just moments away.No HOA, just a monthly slip fee covering water, sewer, and garbage. Two dedicated parking spaces included.This is more than a home—it’s a lifestyle. Come experience your own slice of riverfront paradise.
Listing Courtesy of RMLS / Windermere Realty Trust / Barbara Cogan Neidig
$475,000 (USD)
Active

The Pearl District Area Condominium

Active

408 NW 12th Ave 214 Portland, OR 97209

1 Bed
1 Baths
1195 sqft
MLS# 170846717
Beautiful and classic McKenzie Loft condo with a dedicated bedroom in the heart of the Pearl District. A thoughtful floor plan that lives large, featuring an open kitchen and dining area, spacious living room, and a flexible bonus space with a Murphy wall bed —perfect for guests or a tucked-away home office. Soaring ceilings, rich wood floors, and walls of paned glass windows flood the space with natural light, highlighting the building’s timeless industrial character. The bedroom includes custom built-in storage, including under bed storage, for effortless organization. An updated kitchen with stainless Bosch and Electrolux appliances plus stylish overhead lighting add modern polish. Washer/Dryer included in unit. The covered patio is perfect for outdoor entertaining. Secure entry and deeded parking provide everyday peace of mind. Enjoy all that the Pearl has to offer right outside your door: Powell's Books, gourmet grocery stores, art galleries, curated boutiques, local parks and green spaces, quick freeway and downtown access, and seamless public transit including streetcar access. Indulge in award-winning restaurants and exciting new culinary destinations, including the highly anticipated, high-energy steakhouse from Brian Malarkey opening in the former OBA space. Urban living at its finest.
Listing Courtesy of RMLS / Windermere Realty Trust / René Susak