MONTAVILLA Homes under $500,000

Welcome to Montavilla, a charming neighborhood nestled in the heart of Portland, Oregon. Known for its vibrant community spirit and eclectic mix of homes, Montavilla offers a unique blend of urban convenience and suburban tranquility. With its tree-lined streets, local parks, and a rich tapestry of cultures, this neighborhood is a hidden gem waiting to be discovered.

Montavilla boasts an array of amenities that cater to residents of all ages. The bustling Montavilla Village is filled with quaint shops, artisan cafes, and delicious eateries, making it a perfect spot for weekend strolls and community gatherings. The neighborhood is also home to the historic Mt. Tabor Park, where outdoor enthusiasts can enjoy hiking, picnicking, and breathtaking views of the city skyline.

One of the most appealing aspects of Montavilla is its affordability. With a selection of homes available for under $500,000, this area presents an excellent opportunity for first-time buyers, families, and investors alike. From charming bungalows to modern townhomes, there’s something to suit every taste and lifestyle. The real estate market here is thriving, offering a variety of options that reflect the neighborhood’s character and history.

Montavilla is not just a place to live; it’s a community where neighbors become friends and memories are made. With its friendly atmosphere, diverse culture, and affordable housing options, it’s no wonder that Montavilla is increasingly becoming one of Portland’s most sought-after neighborhoods. Come explore all that Montavilla has to offer, and find your perfect home in this delightful corner of the city!

Newest MONTAVILLA Homes under $500,000

$364,900

3 Beds ⋅ 2 Baths ⋅ 100228687 MLS ⋅ ACTIVE Status

Exquisite new construction 3 bed/ 2.5 bath townhome in Montavilla. Before you even step foot inside this home you will notice the landscaping, wide path, ring camera and solid, windowed front door - all indications of the attention to detail that has gone into the building of this home. Spacious main floor with kitchen island, stainless steel appliances, quartz countertops, transom sliding door, roomy pantry in addition to coat closet and half bath on main floor with outdoor landscaped patio to enjoy sunny Portland days. Everywhere you look, you'll see attention to detail. This townhome is located in Montavilla, convenient to public transportation, food carts, parks, and all the restaurants, shops and breweries you hope for in a Portland neighborhood. Put this one on your list to see today! HOLTE Limited Tax abatement Available for Qualified Buyers. [Home Energy Score = 9. HES Report at https://rpt.greenbuildingregistry.com/hes/OR10249534]

8427 NE Hassalo ST, Portland

Courtesy of Premiere Property Group, LLC

$355,000

3 Beds ⋅ 2 Baths ⋅ 465702252 MLS ⋅ ACTIVE Status

Fabulous new construction 3 bed/ 2.5 bath townhome in Montavilla. Large, inviting and livable low maintenance outdoor space with generous patio. Spacious and open main floor plan with large kitchen island, stainless steel appliances, quartz countertops and a roomy pantry. This home has many little upgrades and higher-end finishes including lighted main bath mirror, Tile accent wall in main level powder bath and more. This townhome is located in sought-after Montavilla, convenient to public transportation, food carts, parks, and all the restaurants, shops and breweries you hope for in a Portland neighborhood. Put this one on your list to see today! This unit is approved for Holte Limited Tax Abatement for qualified buyers. This means taxes are only assessed on the land - a huge deal for affordability!

1126 NE 84th AVE, Portland

Courtesy of Premiere Property Group, LLC

$349,000

3 Beds ⋅ 2 Baths ⋅ 626880225 MLS ⋅ ACTIVE Status

Opportunity in Montavilla with plenty of upside. Built in 2003, this 3-bedroom, 2-bath home offers an open layout, attached garage, 200-amp electrical panel, and a corner-lot setting with great morning light.This one needs more than paint and polish. For the right buyer, the fundamentals are compelling: a practical layout, newer-era construction, 9/10 energy score, strong electrical capacity, attached garage, and easy access to bike routes, Berrydale Park, the Montavilla Farmers Market, shops, restaurants, and neighborhood favorites.Bring your contractor and your plans. Close now, spend the fall and winter bringing it back to life, and be ready to enjoy—or reintroduce it to the market—come spring. NOTE: This property is occupied. Do not walk onto the property without an appointment, and do not disturb occupant. [Home Energy Score = 9. HES Report at https://rpt.greenbuildingregistry.com/hes/OR10251477]

9339 SE MADISON ST, Portland

Courtesy of Ello Realty

$365,000

3 Beds ⋅ 2 Baths ⋅ 251228974 MLS ⋅ ACTIVE Status

Fabulous new construction 3 bed/ 2.5 bath townhome in Montavilla. Most desirable end unit with tons of privacy, outdoor storage closet and very livable outdoor space. Spacious and open main floor plan with large kitchen island, stainless steel appliances, quartz countertops and a roomy pantry. This home has many little upgrades and higher-end finishes including lighted main bath mirror, accent wall and more. This townhome is located in sought-after Montavilla, convenient to public transportation, food carts, parks, and all the restaurants, shops and breweries you hope for in a Portland neighborhood. Put this one on your list to see today! This unit is approved for Holte Limited Tax Abatement for qualified buyers. This means taxes are only assessed on the land - a huge deal for affordability!

1128 NE 84th AVE, Portland

Courtesy of Premiere Property Group, LLC

$349,600

5 Beds ⋅ 2 Baths ⋅ 330808621 MLS ⋅ ACTIVE Status

Historic 1922 craftsman bungalow with many beautiful features and tons of potential with the right updates and repairs. Main level bath has a clawfoot tub, there are arched doorways, built-ins, some hardwood floors, picture rails and ornate window moldings. Partially finished upper level can be extra bedroom and bonus space. Lower level completed with permit in 2013, has two non-conforming bedrooms (egress), plus a living space and 2nd kitchen. Has separate access through the shared laundry porch, so it could be an ADU or perfect for multi-gen living. Located blocks from Mall 205 and Montavilla restaurants and shops, perfect for bikers, convenient to all forms of transit and located on a bus line (73 Transit Score, 95 Bike Score). This home is eligible for rehab financing, [Home Energy Score = 5. HES Report at https://rpt.greenbuildingregistry.com/hes/OR10223439]

9102 NE GLISAN ST, Portland

Courtesy of MORE Realty

$399,900

2 Beds ⋅ 1 Baths ⋅ 272757146 MLS ⋅ ACTIVE Status

Meet this charming NE Portland home that offers a unique blend of character, thoughtful upgrades and future potential. Notable improvements include a radon mitigation system, earthquake proofing, and added insulation that provides peace of mind. The property features a gardener's oasis with established outdoor space and plenty of opportunity for gardening, landscaping, entertaining, or creating your own private retreat.The property is graced by established plants like dill and mature fruit trees like persimmon and Asian pears that harvest annually. Conveniently located near schools, parks, shopping, and restaurants, with easy access to the surround Portland amenities. Don't miss this great opportunity!

429 NE 79TH AVE, Portland

Courtesy of Property Group NW

$489,000

3 Beds ⋅ 2 Baths ⋅ 297118750 MLS ⋅ ACTIVE Status

Price Improvement! This remodeled home blends modern updates with timeless charm! From the moment you step inside, you'll appreciate the refinished hardwood floors, abundant natural light, and thoughtfully updated finishes throughout. The stunning new kitchen features stylish cabinetry, modern countertops, and updated fixtures, while bathrooms have been tastefully renovated. Behind the scenes, nearly every major system has been upgraded, including a new roof, new furnace, new electrical service, and a new water line to the property offering peace of mind for years to come.Downstairs has a bonus room that could be used as a craft room, office, and many other things! Situated on a huge fenced lot that is peaceful while also giving endless options for gardening, entertaining, pets, or future expansion. With flexible R5 and RM1 zoning, buyers may also appreciate the potential for additional development or investment opportunities (buyer to verify all uses with the City of Portland). Conveniently located near parks, shopping, restaurants, schools, and public transportation, this move-in-ready home combines modern comfort, a generous lot, and exciting future possibilities in one outstanding package. [Home Energy Score = 4. HES Report at https://rpt.greenbuildingregistry.com/hes/OR10233638]

1842 SE 92ND AVE, Portland

Courtesy of MORE Realty

$189,000

1 Baths ⋅ 539652128 MLS ⋅ ACTIVE Status

Thoughtful craftsmanship and rare indoor-outdoor living come together in this studio at Milepost 5 Lofts. Designed and custom-built by its cabinetmaker and designer owner, this 473-square-foot studio makes exceptional use of every inch. Douglas fir-finished kitchen cabinetry, stainless steel countertops, integrated storage, and carefully considered built-ins bring warmth and function to the home's exposed concrete ceilings and open industrial layout. A soaring wall of windows fills the space with natural light, while the thoughtfully defined sleeping area preserves the loft's open, airy feel. The bathroom adds another unexpected dose of character. And then there's the patio. Expansive, private, and overlooking the community garden, it feels like a true outdoor room—ready for morning coffee, dinner with friends, container gardening, or simply unwinding beneath the trees. At Milepost 5, the creativity continues beyond your front door with a community garden, a welcoming lobby with local artwork, a rooftop deck, on-site laundry, assigned storage, and secure bike parking among the shared amenities. Montavilla Park and Community Center with its outdoor pool sit directly across the street, putting recreation at your doorstep. The neighborhood's favorite cafés, restaurants, shops, food carts, and Farmers Market are a quick five-minute bike ride away, with MAX light rail and bus lines a short walk from home. Leased parking available.

900 NE 81st AVE Unit #103, Portland

Courtesy of Lovejoy Real Estate

$399,900

3 Beds ⋅ 2 Baths ⋅ 575253462 MLS ⋅ ACTIVE Status

New construction in the heart of Montavilla — with an attached garage (yes, really). A rare find in this neighborhood, this home also delivers what buyers actually want: NO HOA, not a condo, and no income restrictions. Thoughtfully designed with flexibility in mind, the entry level offers a full bath and versatile space perfect for a guest suite, home office, or whatever life throws your way. The main level is where it all comes together, open-concept living, high ceilings, and natural light for days. The kitchen doesn’t miss: custom soft-close cabinetry, sleek quartz countertops, and clean, modern finishes. Slide out to your covered balcony for morning coffee or evening wind-downs. Upstairs, you’ll find two spacious bedrooms and conveniently located laundry (because running stairs with a laundry basket is overrated). All of this just blocks from Montavilla favorites — Mt. Tabor, the farmers market, Academy Theater, Observatory, Ya Hala, Flying Pie Pizza, and Redwood (arguably one of Portland’s brunch MVPs). Plus, easy access to PDX, I-205, and I-84. Bottom line: new construction, garage, no HOA drama. You don’t see this combo often — especially in Montavilla.

99 NE 78th AVE, Portland

Courtesy of Premiere Property Group, LLC

$400,000

3 Beds ⋅ 2 Baths ⋅ 584818011 MLS ⋅ ACTIVE Status

Imagine coming home to a space that has already been refreshed and updated, allowing you to focus on what matters most—your life. This charming single-level residence is the definition of move-in ready, offering a seamless blend of modern style and effortless living. Step inside to find an open-concept layout where the living room, anchored by a cozy fireplace, flows naturally into a dining area and a sleek, modern kitchen. Whether you are hosting your first dinner party or enjoying a quiet morning coffee, the fresh interior paint and updated finishes provide a clean, contemporary canvas for your new beginning.The true heart of this home is its versatility. With four spacious bedrooms, you have the freedom to design a life that fits you perfectly—one room for rest, and the others for your passions, whether that’s a dedicated home office, a guest room for visiting friends, or a creative studio. Two full, updated bathrooms ensure that busy mornings remain stress-free, blending convenience with modern design. Outside, the low-maintenance yard and private driveway offer a peaceful retreat without the burden of heavy upkeep, while the surrounding Portland neighborhood provides easy access to local parks, schools, and the city’s best coffee shops and trails. This isn’t just a place to live; it’s a foundation for your next big adventure.

1108 NE TAMERA LN, Portland

Courtesy of JMG - Jason Mitchell Group

$179,000

1 Baths ⋅ 503820284 MLS ⋅ ACTIVE Status

Urban Loft Living in the Heart of NE Portland! Experience stylish city living in this inviting loft-style condo in a vibrant community. Features an open, airy layout with soaring ceilings and a contemporary loft design that creates a spacious, modern feel throughout. The main living area offers large windows with abundant natural light. The compact kitchen boasts built-in-features, range, fridge, ample cabinetry and a cozy eating area. The lofted bedroom area provides a cozy retreat while maintaining the home’s open-concept character, complemented by a full bath. Residents enjoy the convenience of low-maintenance condo living along with nearby parking and well-maintained common areas including shared laundry room, gathering hall & open terrace. Just minutes away from local dining, shopping, parks & public transit. Easy access to major roads and neighborhood amenities, making commuting and exploring the city effortless. Perfect for first-time buyers, urban professionals or investors seeking a low-maintenance property in a convenient location.

900 NE 81ST AVE Unit #314, Portland

Courtesy of Keller Williams Realty Professionals

$378,900

3 Beds ⋅ 2 Baths ⋅ 604587846 MLS ⋅ ACTIVE Status

Welcome home. I’m a newly built Montavilla condo designed to pair modern style, everyday comfort, and an accessible path to homeownership. Built by a multi-year Street of Dreams builder and Builder of the Year award winner by the Home Building Association, I showcase elevated finishes, abundant natural light, and an efficient use of space. Step inside and discover tall ceilings, oversized windows, and an open great room layout that makes daily living and entertaining feel effortless. My kitchen features custom cabinetry, stainless steel appliances, sleek countertops, and generous workspace that connects naturally with the dining and living areas. Upstairs, I offer three well proportioned bedrooms and 2½ baths, including a peaceful primary suite with a walk in closet and private ensuite bath. A convenient ½ bath on the main level adds functionality for guests. Energy efficient mini split systems provide heating and cooling throughout, while low maintenance new construction and low monthly HOA dues make life even easier. Beyond my front door, enjoy coffee at Mudd Works Roastery, plant based favorites at Secret Pizza Society, and cocktails at Blank Slate Bar. The Montavilla Farmers Market, Academy Theater, Montavilla Park, neighborhood shops, dining, and transit are also nearby. A one year builder warranty provides added peace of mind. My list price reflects buyer eligibility for the Portland Housing Bureau System Development Charge exemption program, a City of Portland affordable housing initiative designed to support more accessible new construction housing for qualifying buyers. HOLTE available on this property offering huge tax savings through a 10-year property tax abatement for an eligible buyer.

483 NE 72nd AVE Unit #3, Portland

Courtesy of Keller Williams Realty Portland Premiere

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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.