MULTNOMAH VILLAGE Homes under $300,000

Welcome to Multnomah Village, a charming neighborhood nestled in the heart of Portland, Oregon. Known for its unique blend of small-town charm and urban convenience, Multnomah Village offers residents a vibrant community atmosphere, complete with an eclectic mix of local shops, cozy cafes, and delightful eateries. Stroll down the tree-lined streets and you’ll discover a treasure trove of boutiques, art galleries, and farmer’s markets, all contributing to the area’s inviting ambiance.

One of the most appealing aspects of Multnomah Village is its accessibility to nature. The neighborhood is surrounded by lush parks and scenic trails, making it a haven for outdoor enthusiasts. Whether you’re looking to hike, bike, or simply enjoy a leisurely walk, the natural beauty of nearby parks like Gabriel Park and the picturesque Tryon Creek State Natural Area is just a stone's throw away.

For those seeking a home in this idyllic community, you’ll be pleased to know that there are options available under $300,000. These charming residences often feature character-filled architecture and cozy interiors, perfect for first-time buyers or those looking to downsize. With its affordable housing market, Multnomah Village provides an excellent opportunity to invest in a vibrant neighborhood without breaking the bank.

Experience the warmth and friendliness of Multnomah Village, where community spirit thrives and the joy of living is palpable. Discover your dream home in this delightful Portland enclave today!

Newest MULTNOMAH VILLAGE Homes under $300,000

5130 SW MULTNOMAH BLVD Unit #C, Portland

$249,900

2 Beds ⋅ 2 Baths ⋅ 334529084 MLS ⋅ ACTIVE Status

Enjoy one-level living in this quiet Shadow Creek condo, a short bike or drive to Multnomah Village and Garden Home. Two bedrooms, two full baths, a true primary with ensuite, and a second bedroom that works well as an office. Large laundry room with washer, dryer, and all appliances included. Dedicated covered carport space C-7 sits right in front of the unit. Wood-burning fireplace and a private deck look out on green space just outside the back door. Best price in the area for an affordable, move-in-ready condo. Nearby parks, Gabriel Park w/ trails, playgrounds, sports fields, skate park, off-leash dog area, Southwest Community Center, Spring Garden Park: playground, splash pad, & gardens. Restaurant: Fat City Café, Marco’s, Village Coffee, Spielman Bagels, Tastebud pizza, Yalla, Fat Kitty Ramen, Zinc Bistro & Bar Lucky Labrador Public House, Level Beer, Tito’s Taquitos Multnomah French Quarter food carts, John’s Marketplace, Trader Joe’s in Garden Home. Easy access to I-5, Village dining, parks, and grocery runs—without giving up the trees and privacy. Call for a private tour!

5130 SW MULTNOMAH BLVD Unit #C, Portland

Courtesy of Where, Inc

$179,950

1 Beds ⋅ 1 Baths ⋅ 379344760 MLS ⋅ ACTIVE Status

Own in Multnomah Village for under $200,000! This bright, move-in-ready 1-bedroom condo offers an exciting opportunity to own in one of Portland’s most charming and walkable neighborhoods, just blocks from the shops, restaurants, coffee, and community of Multnomah Village, with Gabriel Park nearby.Fresh paint and new carpet throughout make this 712 square foot home feel fresh, bright, and welcoming. The smart, open floor plan lives larger than expected, with abundant natural light and plenty of thoughtful storage. The well appointed kitchen features wine storage, an eat-in bar, and a great connection to the living space. Sliding glass doors open to a covered porch that’s perfect for morning coffee, entertaining, or enjoying your own outdoor space year-round. Even better, the porch includes a walk-in storage closet, a rare and incredibly useful bonus for condo living.The generous bedroom features a walk-in closet with custom organizers, while the updated bathroom offers a stylish new vanity. A coat closet and laundry closet are conveniently located at the entry, keeping everyday essentials neatly tucked away. Your deeded parking space is located directly in front of the unit for maximum convenience.And the HOA delivers serious value, covering water, sewer, trash, and exterior maintenance, while also giving you access to the community pool and hot tub. Spend less time worrying about exterior upkeep and more time enjoying everything Multnomah Village has to offer.Under $200K, a prime Multnomah Village location, deeded parking, private outdoor space, pool + hot tub, and major utilities included in the HOA—this is an opportunity to own in one of Portland’s most desirable neighborhoods without the price tag you might expect. Come see why this condo is such a great way to make Multnomah Village your home!

7937 SW 40TH AVE Unit #I, Portland

Courtesy of Windermere Realty Trust

$299,000

2 Beds ⋅ 1 Baths ⋅ 577562370 MLS ⋅ ACTIVE Status

Tucked into the heart of Multnomah Village, this 2-bed, 1.5-bath townhome is set up for easy living whether it's your full-time home or your Portland home base. It's half a block to the Multnomah French Quarter food carts, Grand Central Bakery, Yalla Mediterranean, and John's Marketplace, with Gabriel Park just minutes away. Inside, fresh updates and playful finishes set a welcoming tone: new carpet, updated lighting, stainless steel appliances, and a dreamy oversized primary bedroom that makes it as comfortable as it is cute. A private patio out back and reserved parking make it simple to settle in, or lock up and leave it be between visits. It’s pet and rental friendly, and move-in ready! Buyer can receive a lender credit towards closing costs/rate buy-down to make this opportunity even more affordable with preferred lender. Seller-paid new roof assessment set for completion by end of Sept 2026. [Home Energy Score = 3. HES Report at https://rpt.greenbuildingregistry.com/hes/OR10246163]

3612 SW MULTNOMAH BLVD, Portland

Courtesy of Windermere Realty Trust

Start Your Search

Based on information submitted to the MLS GRID as of . All data is obtained from various sources and may not have been verified by broker or MLS GRID. Supplied Open House Information is subject to change without notice. All information should be independently reviewed and verified for accuracy. Properties may or may not be listed by the office/agent presenting the information.

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.