FOSTER - POWELL Homes under $600,000

Welcome to Foster-Powell, a vibrant and inviting neighborhood nestled in the heart of Portland, Oregon. Known for its eclectic charm and strong sense of community, Foster-Powell offers a unique blend of urban convenience and suburban tranquility, making it an ideal spot for families, young professionals, and anyone looking to enjoy the best of city living.

One of the standout features of Foster-Powell is its diverse range of homes available for under $600,000. Here, you’ll find a delightful mix of character-rich bungalows, modern townhomes, and cozy cottages that cater to various lifestyles and budgets. The affordability of homes in this area makes it an attractive option for first-time buyers and those looking to invest in Portland’s thriving real estate market.

Foster-Powell is not just about homes; it’s a community that embraces the outdoors and local culture. Residents can enjoy easy access to several parks, including the popular Powell Butte Nature Park, where hiking trails and stunning views await. The neighborhood also boasts a variety of local shops, cafes, and restaurants, creating a lively atmosphere for social gatherings and leisurely strolls.

With its friendly vibe, convenient location, and affordable housing options, Foster-Powell is more than just a place to live—it's a community where you can truly thrive. Explore the possibilities of making this charming neighborhood your new home, and discover the perfect blend of comfort, culture, and community in Portland, Oregon!

Newest FOSTER - POWELL Homes under $600,000

$575,000

107490662 MLS

Great FoPo investment opportunity in this spacious Four Square home! This price includes a new roof to be installed prior to closing. Currently configured as a duplex and on record as a triplex, this property offers multiple ways to maximize value with 5 bedrooms, possibly 6 with a non-conforming bedroom in the lower level. The existing layout could be converted back to a triplex, creating an opportunity for additional rental income and equity growth. The lower level features a separate entrance, kitchenette with range and refrigerator, one legal bedroom, and a second non-conforming bedroom. The main floor includes a full kitchen, bedroom, dining room, utility room, and living area. Upstairs, two bedrooms are already in place, along with flexible space that could be a third bedroom or additional living area with a kitchen. A finished attic adds even more usable square footage and room to expand. Situated on a corner lot, the property also offers the potential of adding additional unit or tiny home. Recent updates include fresh interior paint and new carpets. With its multi-unit configuration, flexible floor plan, and opportunities for further development, this property is well suited for an investor looking to increase rental income and build equity. Located in the heart of Foster-Powell with a 100 Bike Score, the property offers easy access to Kern Park, local shops, restaurants, and favorite FoPo neighborhood amenities. This is an as-is sale, with the exception of the roof being replaced prior to closing. [Home Energy Score = 1. HES Report at https://rpt.greenbuildingregistry.com/hes/OR10251445]

3929 SE 70TH AVE, Portland

$575,000

5 Beds ⋅ 3 Baths ⋅ 656184096 MLS

Tons of potential with this spacious FoPo FourSquare! This is a legal duplex but on record as a triplex, with 5 bedrooms, possibly 6 with a non-conforming bedroom in the lower level. This price includes a new roof to be installed prior to closing! The versatile setup is perfect for homeowners looking to offset their mortgage or accommodate extended/multi-generational family members. The lower level features a separate entrance, kitchenette with range and refrigerator, one legal bedroom, and a second non-conforming bedroom. The main floor includes a full kitchen, bedroom, dining room, utility room, and living area. Upstairs, you'll find two additional bedrooms plus flexible space that could be used as a third bedroom or additional living area with a kitchen. A finished attic provides even more usable square footage and room to expand. Recent updates include fresh interior paint and new carpets. Live in the main portion of the home while renting the lower unit for long- or short-term income, or take advantage of the layout for extended family or multi-generational living. With multiple living areas and a flexible floor plan, this home can adapt to a variety of needs. Located in the heart of Foster-Powell with a 100 Bike Score, this home offers easy access to Kern Park, local shops, restaurants, and favorite FoPo neighborhood amenities right outside your door! This is an as-is sale, with the exception of the roof being replaced prior to closing. [Home Energy Score = 1. HES Report at https://rpt.greenbuildingregistry.com/hes/OR10251445]

3929 SE 70TH AVE, Portland

$565,000

182232773 MLS

Charming 1924 Duplex in Foster-Powell. Offering classic character, solid bones, and excellent long-term rental stability. Each unit features 2 bedrooms and 1 bathroom, warm wood floors, a comfortable living area, and a functional kitchen layout. The property includes shared laundry and storage space in the basement. A nicely landscaped, fully fenced backyard provides outdoor enjoyment for tenants, and the separate studio offers exciting potential as a third unit, home office, or creative space. The exterior has recently been painted. With long-term tenants already in place, this is a fantastic chance for investors seeking steady income in one of SE Portland’s most vibrant neighborhoods or opportunity for a new homeowner to supplement their mortgage with rental income. See our virtual tour links for more information!

3815 SE 64TH AVE, Portland

$299,900

3 Beds ⋅ 2 Baths ⋅ 349062218 MLS

Corner-unit living with a thoughtfully designed layout, modern finishes, and flexible spaces across three levels. This home features an open-concept kitchen and living area, highlighted by quartz countertops in both the kitchen and bathrooms, stainless steel appliances, a spacious pantry, and durable luxury vinyl flooring throughout. The main level offers incredible versatility with a private bedroom, full in-suite bathroom, sliding glass door to outside deck, and separate living space—complete with its own washer and dryer—ideal for guests. Upstairs on the second level, the bright and open kitchen flows seamlessly into the main living area. Just off the kitchen, a dedicated office space overlooks beautiful, tree-lined views, creating a peaceful and inspiring workspace. Enjoy the outdoor living space provided by the spacious patio deck off the kitchen. The third floor features two generously sized, primary-style bedrooms along with an additional washer and dryer for convenience. Centrally located in SE Portland with easy freeway access, this home offers a rare combination of functionality, privacy, and modern living in a prime location. Come see it for yourself! [Home Energy Score = 4. HES Report at https://rpt.greenbuildingregistry.com/hes/OR10207098]

3320 SE 87TH AVE Unit #5, Portland

$349,900

2 Beds ⋅ 2 Baths ⋅ 273303628 MLS

Last home left in this beautiful fee simple community built by Street of Dreams builder and Builder of the Year award winner! Don't miss your chance to be welcomed home by this brand new detached home in popular Foster-Powell! Thoughtfully crafted with quality, efficiency, and long term durability in mind. Two bedrooms and two and a half baths, including a convenient half bath on the main floor. Open concept main level blends living, dining, and kitchen spaces seamlessly, while tall ceilings and oversized windows bring in abundant natural light. The kitchen is designed for gathering and everyday function, featuring solid surface countertops, custom cabinetry, a tiled backsplash, and stainless steel appliances. A slider off the living room opens to a private fenced patio and outdoor space, creating an easy extension of the main level for relaxing or entertaining. Upstairs, you’ll find two comfortable bedrooms, including a spacious primary suite with private ensuite bath, plus a centrally located laundry area positioned between the bedrooms for added convenience. Fresh landscaping and modern curb appeal create a strong first impression. Unlike many new construction homes, this is not a condo, there is no HOA. List price is for buyers eligible for Portland Housing Bureau’s System Development Charge Exemption SDC, an initiative promoting affordable housing across the City of Portland. Located approximately 0.1 miles from Kern Park, with a Walk Score of 86 and Bike Score of 99, approximately 0.4 miles to Heartbreaker Neighborhood Kitchen, 0.3 miles to Pieper Café, 0.5 miles to Assembly Brewing, and 0.4 miles to Hammer and Stitch Coffee Roasters. Modern, efficient, and full of character, ready to welcome you home.

6729 SE Gladstone ST, Portland

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