DOWNTOWN PORTLAND Homes under $1.25 million

Welcome to Downtown Portland, Oregon—an urban gem nestled in the heart of Multnomah County. Known for its vibrant culture, eclectic neighborhoods, and stunning natural beauty, Downtown Portland offers a dynamic lifestyle that appeals to everyone from young professionals to families seeking a community-centric environment.

This bustling urban center is a delightful blend of modernity and tradition, featuring an array of shops, restaurants, and cafes that reflect the city’s renowned culinary scene. Stroll through the iconic Pioneer Courthouse Square, often referred to as Portland's "living room," where you can enjoy local events, farmers' markets, and live performances. For nature lovers, the scenic waterfront along the Willamette River provides picturesque views and ample opportunities for outdoor activities, including biking and jogging along the Eastbank Esplanade.

One of the most appealing aspects of Downtown Portland is its diverse housing market. For those seeking homes under $1.25 million, you’ll find a variety of options that cater to different tastes and lifestyles. From chic condos with stunning skyline views to charming historic homes that embody the city’s rich architectural heritage, there’s something for everyone. With a strong sense of community and easy access to public transit, living in Downtown Portland allows you to enjoy everything the city has to offer while feeling right at home.

Whether you’re looking to indulge in the local arts scene, explore unique boutiques, or simply enjoy the vibrant atmosphere, Downtown Portland is a place where life truly comes alive. Come discover your dream home in this captivating neighborhood!

Newest DOWNTOWN PORTLAND Homes under $1.25 million

$940,000

2 Beds ⋅ 2 Baths ⋅ 794440984 MLS ⋅ ACTIVE Status

Penthouse style luxury, soaring atop the city, on the 28th floor of the iconic KOIN Tower. This 1,881-square-foot urban masterpiece at Fountain Plaza was reimagined in 2025. The sprawling 2-bedroom, 2-bathroom-sunny SE corner residence with separate office has been extensively updated, seamlessly blending flawless modern luxury while setting a new standard for elevated living. Grand double doors open to frame awe-inspiring, unobstructed panoramic views stretching across downtown, the Willamette River, bridges and four-mountain backdrop including Mt. Hood and Mt. St. Helens. The interior has been meticulously upgraded, featuring refinished wood floors, a fully integrated state-of-the-art AV system with CAT6 wired throughout, custom designer lighting & new Hunter Douglas Shades in every room. The kitchen and spa-like bathrooms have been transformed with sleek contemporary finishes, designer tile, quartz counters, newer appliances. Adding rare convenience to high-rise living, the home includes dedicated underground/secure garage parking, EV charging and a private storage room (8x10). Fountain Plaza’s residential footprint spans floors 20 to 30. Complete with gated entry, a stunning courtyard fountain, and a 24-hour white-glove concierge/doorman team, this exceptional property offers a level of service, security, and sophistication that is increasingly hard to find. Furniture & Electronics are negotiable.

1414 SW 3RD AVE Unit #2802, Portland

Courtesy of Coldwell Banker Bain

$830,000

1 Beds ⋅ 1 Baths ⋅ 522363489 MLS ⋅ ACTIVE Status

Welcome to The Residences at The Ritz-Carlton, where contemporary design and legendary service converge high above downtown Portland. Offered at $830,000, (versus developer pricing of $1,900,000), this sophisticated east-facing one-bedroom, one-and-a-half-bath Residence is a serene retreat filled with natural light. Floor-to-ceiling windows showcase sweeping views of the city skyline, Willamette River, and Mt. Hood.Clean architectural lines, exceptional finishes, and a thoughtfully designed open floor plan create an atmosphere of effortless elegance. The gourmet kitchen features custom Pedini cabinetry, quartz countertops, and premium Wolf, Miele, and Sub-Zero appliances—ideal for everyday living and elevated entertaining.The spacious primary suite offers a peaceful escape, complemented by a spa-inspired bath finished in timeless materials. A private terrace extends the living space outdoors, providing an inviting setting for morning coffee or evening relaxation above the city.Residents enjoy The Ritz-Carlton’s renowned service and amenities, including 24-hour concierge service, in-residence dining, a state-of-the-art fitness center and indoor infinity pool with remarkable views, and a private Owners’ Lounge. Ideally situated in downtown Portland’s West End, just steps from the Pearl District, The Residences are moments from acclaimed dining, galleries, parks, and streetcar access. This is a rare opportunity to own a home distinguished by world-class hospitality, elevated design, extraordinary views, and an exceptional urban lifestyle.

550 SW 10TH AVE Unit #2808, Portland

Courtesy of Christie's International Real Estate Evergreen

$349,000

2 Beds ⋅ 2 Baths ⋅ 627111028 MLS ⋅ ACTIVE Status

Located on the 23rd floor of The Benson in downtown Portland, this light-filled condominium offers floor-to-ceiling windows, teak floors throughout the main living areas, and city, river, and territorial views from nearly every room. The kitchen features quartz countertops, a gas range, and an island with seating, creating an inviting space for both everyday living and entertaining.The primary suite includes an en-suite bathroom, while the second bedroom offers flexibility as a guest room, home office, or nursery. An expansive deck extends the living space outdoors and provides the perfect place to take in the surrounding views.Additional conveniences include in-unit laundry, a deeded parking space, and dedicated storage. Residents of The Benson enjoy access to a fitness center, hot tub, lounge, and a large outdoor patio with BBQ. Ideally located in the heart of downtown Portland, the home offers easy access to OHSU, Portland State University, restaurants, shopping, entertainment, waterfront parks, major freeway connections, and public transit, with Portland Streetcar stations directly across the street.

1500 SW 11TH AVE Unit #2302, Portland

Courtesy of Cascade Hasson Sotheby's International Realty

$1,095,000

1 Beds ⋅ 1 Baths ⋅ 682415180 MLS ⋅ ACTIVE Status

Welcome to The Residences at The Ritz-Carlton, where contemporary design and legendary service converge high above downtown Portland. Offered at $1,095,000, (versus developer pricing of $2,250,000), this sophisticated east-facing one-bedroom, one-and-a-half-bath Residence is a serene retreat filled with natural light. Floor-to-ceiling windows showcase sweeping views of the city skyline, Willamette River, and Mt. Hood.Clean architectural lines, exceptional finishes, and a thoughtfully designed open floor plan create an atmosphere of effortless elegance. The gourmet kitchen features custom Pedini cabinetry, quartz countertops, and premium Wolf, Miele, and Sub-Zero appliances—ideal for everyday living and elevated entertaining.The spacious primary suite offers a peaceful escape, complemented by a spa-inspired bath finished in timeless materials. A private terrace extends the living space outdoors, providing an inviting setting for morning coffee or evening relaxation above the city.Residents enjoy The Ritz-Carlton’s renowned service and amenities, including 24-hour concierge service, in-residence dining, a state-of-the-art fitness center and indoor infinity pool with remarkable views, and a private Owners’ Lounge. Ideally situated in downtown Portland’s West End, just steps from the Pearl District, The Residences are moments from acclaimed dining, galleries, parks, and streetcar access. This is a rare opportunity to own a home distinguished by world-class hospitality, elevated design, extraordinary views, and an exceptional urban lifestyle.

550 SW 10TH AVE Unit #2909, Portland

Courtesy of Christie's International Real Estate Evergreen

$1,025,000

1 Beds ⋅ 1 Baths ⋅ 515886032 MLS ⋅ ACTIVE Status

Welcome to The Residences at The Ritz-Carlton, where contemporary design and legendary service converge high above downtown Portland. Offered at $1,025,000, (versus developer pricing of $2,300,000), this sophisticated east-facing one-bedroom, one-and-a-half-bath Residence is a serene retreat filled with natural light. Floor-to-ceiling windows showcase sweeping views of the city skyline, Willamette River, and Mt. Hood.Clean architectural lines, exceptional finishes, and a thoughtfully designed open floor plan create an atmosphere of effortless elegance. The gourmet kitchen features custom Pedini cabinetry, quartz countertops, and premium Wolf, Miele, and Sub-Zero appliances—ideal for everyday living and elevated entertaining.The spacious primary suite offers a peaceful escape, complemented by a spa-inspired bath finished in timeless materials. A private terrace extends the living space outdoors, providing an inviting setting for morning coffee or evening relaxation above the city.Residents enjoy The Ritz-Carlton’s renowned service and amenities, including 24-hour concierge service, in-residence dining, a state-of-the-art fitness center and indoor infinity pool with remarkable views, and a private Owners’ Lounge. Ideally situated in downtown Portland’s West End, just steps from the Pearl District, The Residences are moments from acclaimed dining, galleries, parks, and streetcar access. This is a rare opportunity to own a home distinguished by world-class hospitality, elevated design, extraordinary views, and an exceptional urban lifestyle.

550 SW 10TH AVE Unit #3109, Portland

Courtesy of Christie's International Real Estate Evergreen

$245,000

2 Beds ⋅ 2 Baths ⋅ 784915927 MLS ⋅ ACTIVE Status

Urban living meets iconic design in this corner-unit home located in the historic Halprin Landscape District. Tree-lined paths and green spaces surround the landmark Skidmore, Owings & Merrill–designed SW Harrison West community, offering a timeless Portland lifestyle.Move-in ready, this 2-bedroom, 2-bath unit of the original owner, sits in the heart of downtown Portland with easy access to the waterfront, PSU, museums, theaters, parks, restaurants, shops, daily conveniences, TriMet and bus lines. Enjoy the quiet space overlooking the courtyard with peak-a-boo eastern views. Luxury vinyl plank throughout the floor plan. Recent updates from the main entrance to the front door of the unit, welcome you to your own city haven. The community offers an extensive list of HOA amenities: pool, spa, sauna (South Tower), gated courtyard, secure parking & storage, common areas, community room, BBQ area, high-speed internet, laundry facilities and evening security. HOA dues also include laundry, on-site management, grounds maintenance, water, sewer, garbage. Pets allowed with restrictions, rentals permitted with no rental cap or short-term rentals. Recent updates include exterior paint and deck resurfacing in 2021, with elevator improvements currently in progress. **Move-in fees and owner orientation required.

255 SW HARRISON ST Unit #5H, Portland

Courtesy of Coldwell Banker Bain

$710,000

1 Beds ⋅ 1 Baths ⋅ 746979203 MLS ⋅ ACTIVE Status

Welcome to The Residences at The Ritz-Carlton, where contemporary design and legendary service converge high above downtown Portland. Offered at $710,000 (versus developer pricing of $1,740,000), this sophisticated west-facing one-bedroom, one-and-a-half-bath Residence is a serene retreat filled with natural light and elevated finishes. Clean architectural lines, exceptional finishes, and a thoughtfully designed open floor plan create an atmosphere of effortless elegance. The gourmet kitchen features custom Pedini cabinetry, quartz countertops, and premium Wolf, Miele, and Sub-Zero appliances—ideal for everyday living and elevated entertaining.The spacious primary suite offers a peaceful escape, complemented by a spa-inspired bath finished in timeless materials. A private terrace extends the living space outdoors, providing an inviting setting for morning coffee or evening relaxation with sweeping views of the city and West Hills.Residents enjoy The Ritz-Carlton’s renowned service and amenities, including 24-hour concierge service, in-residence dining, a state-of-the-art fitness center and indoor infinity pool with remarkable views, and a private Owners’ Lounge. Ideally situated in downtown Portland’s West End, just steps from the Pearl District, The Residences are moments from acclaimed dining, galleries, parks, and streetcar access. This is a rare opportunity to own a home distinguished by world-class hospitality, elevated design, extraordinary views, and an exceptional urban lifestyle.

550 SW 10TH AVE Unit #2604, Portland

Courtesy of Christie's International Real Estate Evergreen

$750,000

1 Beds ⋅ 1 Baths ⋅ 376514689 MLS ⋅ ACTIVE Status

Welcome to The Residences at The Ritz-Carlton, where contemporary design and legendary service converge high above downtown Portland. Offered at $750,000 (versus developer pricing of $1,825,000), this sophisticated west-facing one-bedroom, one-and-a-half-bath Residence is a serene retreat filled with natural light and elevated finishes. Clean architectural lines, exceptional finishes, and a thoughtfully designed open floor plan create an atmosphere of effortless elegance. The gourmet kitchen features custom Pedini cabinetry, quartz countertops, and premium Wolf, Miele, and Sub-Zero appliances—ideal for everyday living and elevated entertaining.The spacious primary suite offers a peaceful escape, complemented by a spa-inspired bath finished in timeless materials. A private terrace extends the living space outdoors, providing an inviting setting for morning coffee or evening relaxation with sweeping views of the city and West Hills.Residents enjoy The Ritz-Carlton’s renowned service and amenities, including 24-hour concierge service, in-residence dining, a state-of-the-art fitness center and indoor infinity pool with remarkable views, and a private Owners’ Lounge. Ideally situated in downtown Portland’s West End, just steps from the Pearl District, The Residences are moments from acclaimed dining, galleries, parks, and streetcar access. This is a rare opportunity to own a home distinguished by world-class hospitality, elevated design, extraordinary views, and an exceptional urban lifestyle.

550 SW 10TH AVE Unit #3004, Portland

Courtesy of Christie's International Real Estate Evergreen

$745,000

1 Beds ⋅ 1 Baths ⋅ 363982800 MLS ⋅ ACTIVE Status

Welcome to The Ritz-Carlton Residences—where modern design meets legendary service, high above downtown Portland. This exceptional east-facing one-bedroom home, now priced at $745,000 (versus developer pricing of $1,870,000), features a well-planned layout flooded with natural light from floor to ceiling windows, elegant wood floors, and a gourmet kitchen equipped with premium Wolf, Miele, and Sub-Zero appliances plus custom Pedini cabinetry. The open-concept design showcases a sleek, modern style. The primary suite offers a serene retreat with a spacious walk-in closet and a luxurious spa bathroom complete with a marble vanity, tiled surfaces, and a wet room including both a shower and bathtub. Take in sweeping, postcard-worthy views of the Willamette River, Portland skyline, and Mt. Hood from your private balcony. Residents enjoy access to world-class amenities, including an Owner’s Lounge with outdoor terrace, an Olympic-caliber fitness center, a full-service luxury spa, elevated dining on the 20th floor, and 24-hour concierge service. A rare opportunity to own a home defined by world-class hospitality, timeless design, and an unmatched downtown lifestyle.

550 SW 10TH AVE Unit #2408, Portland

Courtesy of Christie's International Real Estate Evergreen

$760,000

1 Beds ⋅ 1 Baths ⋅ 344883993 MLS ⋅ ACTIVE Status

Welcome to The Residences at The Ritz-Carlton, where contemporary design and legendary service converge high above downtown Portland. Offered at $760,000, (versus developer pricing of $1,630,000), this sophisticated east-facing one-bedroom, one-and-a-half-bath Residence is a serene retreat filled with natural light. Floor-to-ceiling windows showcase sweeping views of the city skyline, Willamette River, and Mt. Hood.Clean architectural lines, exceptional finishes, and a thoughtfully designed open floor plan create an atmosphere of effortless elegance. The gourmet kitchen features custom Pedini cabinetry, quartz countertops, and premium Wolf, Miele, and Sub-Zero appliances—ideal for everyday living and elevated entertaining.The spacious primary suite offers a peaceful escape, complemented by a spa-inspired bath finished in timeless materials. A private terrace extends the living space outdoors, providing an inviting setting for morning coffee or evening relaxation above the city.Residents enjoy The Ritz-Carlton’s renowned service and amenities, including 24-hour concierge service, in-residence dining, a state-of-the-art fitness center and indoor infinity pool with remarkable views, and a private Owners’ Lounge. Ideally situated in downtown Portland’s West End, just steps from the Pearl District, The Residences are moments from acclaimed dining, galleries, parks, and streetcar access. This is a rare opportunity to own a home distinguished by world-class hospitality, elevated design, extraordinary views, and an exceptional urban lifestyle.

550 SW 10TH AVE Unit #2108, Portland

Courtesy of Christie's International Real Estate Evergreen

$705,000

1 Beds ⋅ 1 Baths ⋅ 722747719 MLS ⋅ ACTIVE Status

Welcome to The Residences at The Ritz-Carlton, where contemporary design and legendary service converge high above downtown Portland. Offered at $705,000 (versus developer pricing of $1,325,000), this sophisticated west-facing one-bedroom, one-and-a-half-bath Residence is a serene retreat filled with natural light. Floor-to-ceiling windows showcase sweeping views of the city and West Hills.Clean architectural lines, exceptional finishes, and a thoughtfully designed open floor plan create an atmosphere of effortless elegance. The gourmet kitchen features custom Pedini cabinetry, quartz countertops, and premium Wolf, Miele, and Sub-Zero appliances—ideal for everyday living and elevated entertaining.The spacious primary suite offers a peaceful escape, complemented by a spa-inspired bath finished in timeless materials. A private terrace extends the living space outdoors, providing an inviting setting for morning coffee or evening relaxation above the city.Residents enjoy The Ritz-Carlton’s renowned service and amenities, including 24-hour concierge service, in-residence dining, a state-of-the-art fitness center and indoor infinity pool with remarkable views, and a private Owners’ Lounge. Ideally situated in downtown Portland’s West End, just steps from the Pearl District, The Residences are moments from acclaimed dining, galleries, parks, and streetcar access. This is a rare opportunity to own a home distinguished by world-class hospitality, elevated design, extraordinary views, and an exceptional urban lifestyle.

550 SW 10TH AVE Unit #2803, Portland

Courtesy of Christie's International Real Estate Evergreen

$1,175,000

2 Beds ⋅ 2 Baths ⋅ 114356477 MLS ⋅ ACTIVE Status

Welcome to The Residences at The Ritz-Carlton, where contemporary design and legendary service converge high above downtown Portland. Offered at $1,175,000, (versus developer pricing of $2,130,000), this sophisticated southwest-facing two-bedroom, two-and-a-half-bath Residence is a serene retreat filled with natural light. Floor-to-ceiling windows showcase sweeping views stretching to the Willamette River and westward to the iconic St. Johns Bridge.Clean architectural lines, exceptional finishes, and a thoughtfully designed open floor plan create an atmosphere of effortless elegance. The gourmet kitchen features custom Pedini cabinetry, quartz countertops, and premium Wolf, Miele, and Sub-Zero appliances—ideal for everyday living and elevated entertaining.The spacious primary suite offers a peaceful escape, complemented by a spa-inspired bath finished in timeless materials. A well-appointed second bedroom suite offers ideal flexibility for honored guests or a refined private office. A separate powder room and dedicated laundry room adds everyday convenience. A private terrace extends the living space outdoors, providing an inviting setting for morning coffee or evening relaxation above the city.Residents enjoy The Ritz-Carlton’s renowned service and amenities, including 24-hour concierge service, in-residence dining, a state-of-the-art fitness center and indoor infinity pool with remarkable views, and a private Owners’ Lounge. Ideally situated in downtown Portland’s West End, just steps from the Pearl District, The Residences are moments from acclaimed dining, galleries, parks, and streetcar access. This is a rare opportunity to own a home distinguished by world-class hospitality, elevated design, extraordinary views, and an exceptional urban lifestyle.

550 SW 10TH AVE Unit #2202, Portland

Courtesy of Christie's International Real Estate Evergreen

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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.