4+ Bedroom Multigenerational Homes for Sale in Portland, OR Under $725K

There are 4 single family homes for sale in Portland, OR, with 4 bedrooms, 2 to 4 bathrooms, and 2,199 to 3,421 square feet of living space. Displayed asking prices range from $675,000 to $719,950, and build years from 1942 to 2026. The largest, at 7823 Southeast 140th Drive, offers 4 bedrooms and 3,421 square feet for $675,000.

Concordia lies in northeast Portland, where older bungalows line quiet streets within walking distance of Fernhill Park. Powell Butte rises in southeast Portland, offering a city park with trails and views of Mt. Hood. Tryon Creek State Natural Area in Southwest Portland has miles of wooded trails along its creek. Bethany, an unincorporated area of Washington County west of Portland, has newer subdivisions near the Bethany Village shops.

Interstate 5 runs north and south through the city, and the Sunset Highway carries commuters west toward the Beaverton and Hillsboro job centers. Portland Public Schools serves most city neighborhoods, while Bethany students attend Beaverton School District schools. Grocery stores and transit lines sit a short drive from most homes in these areas.

4 homes · starting from

$675,000

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Homes in this collection

12 homes


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Good to know

Buying in Portland

The questions buyers ask us most about this collection.

Is Concordia a good neighborhood for multigenerational families in Portland?

Concordia is a northeast Portland neighborhood of older houses on tree-lined streets, close to Fernhill Park. Its quiet blocks suit families who want green space nearby. Buyers should check the bedroom layout and stairs of older houses, since many were built for smaller households.

How does Bethany differ from inner Portland neighborhoods?

Bethany is an unincorporated community in Washington County, with newer subdivisions and shops near Bethany Village. Inner Portland neighborhoods have older housing stock and more transit options. Commuters heading to the Beaverton and Hillsboro job centers often use the Sunset Highway from either area.

What should buyers check in an older Portland home for multigenerational living?

Start with the foundation, the sewer line, and the electrical panel, since older homes often need updates. Ask whether a basement or main-floor space can work as a separate living area. Confirm that any added kitchen or laundry has the plumbing and wiring it needs.

Which parks are close to Southwest Portland family homes?

Tryon Creek State Natural Area offers wooded trails along a creek and is one of the best-known green spaces in Southwest Portland. Families often use it for weekend walks with older relatives and children. Trail access and parking vary by entrance, so check the route before visiting.

Which school districts serve Portland multigenerational homes?

Portland Public Schools serves most city neighborhoods, while Bethany falls within the Beaverton School District. School boundaries can change, so buyers should confirm assignments for a specific address with each district. Doing this early helps families plan around enrollment timelines.

Is Powell Butte a good outdoor option for families in southeast Portland?

Powell Butte is a city park in southeast Portland with trails and open views toward Mt. Hood. It is a practical choice for families who want walking paths close to home. Its trails suit a range of ages, which helps multigenerational households plan outings together.