1+ Bedroom Starter Condos for Sale in Portland, OR Under $400K
There are 13 condos for sale in Portland, OR, with 1 to 4 bedrooms, 1 to 3 bathrooms, and 955 to 1,672 square feet of living space. Displayed asking prices range from $349,900 to $399,900, and build years from 1971 to 2026. The largest, at 12633 Southeast Boise Street, offers 4 bedrooms and 1,672 square feet for $399,000.
Portland's condo listings are spread across several neighborhoods. The Pearl District sits on former rail yards along the Willamette River, with Powell's City of Books and the Portland Streetcar within walking distance. The Westover area sits on the hillside above NW 23rd Avenue, close to the trails of Forest Park. Multnomah Village, in southwest Portland, has independent shops and cafes along SW Capitol Highway.
Most of these neighborhoods are a short bus, streetcar or bike ride from downtown, and Gabriel Park and the Willamette waterfront give residents green space close to home. Buyers who commute south can reach the OHSU campus on the South Waterfront by aerial tram, while Interstate 5 links the city to the rest of the metro area.
Homes in this collection
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Buying in Portland
The questions buyers ask us most about this collection.
Which Portland neighborhoods have the most one-bedroom condos near downtown?
The Pearl District and the Northwest neighborhoods are the closest to downtown, with many converted lofts and mid-rise condos. Buyers who want a quieter setting often look at the hillside above NW 23rd Avenue, where homes sit closer to Forest Park. Each area has its own character, so visiting in the evening and on a weekend helps you judge it.
Is a condo near downtown Portland a good first home?
A one-bedroom condo suits a buyer who wants low upkeep and a short commute, and it can be a practical first purchase. Check the HOA budget, reserve fund and any planned repairs before writing an offer. A lower monthly price does not always mean a lower total cost of ownership.
How do I get around downtown Portland without a car?
The Portland Streetcar runs through the Pearl District and connects to the downtown core, and TriMet buses serve most of the city. Many residents also ride bikes on the city's bike lanes. Test the route to work during rush hour before you decide.
What should I check in an older Portland condo building?
Ask for the most recent reserve study and read the HOA meeting minutes for any planned roof, elevator or exterior work. Confirm parking and storage rights in writing, since deeded spaces vary between buildings. A home inspector familiar with condo common areas can flag issues a standard inspection may miss.
How is Multnomah Village different from St. Johns?
Multnomah Village is a small shopping district in southwest Portland, with independent cafes, bookstores and a walkable main street along SW Capitol Highway. St. Johns sits on the north peninsula, closer to the Willamette and the St. Johns Bridge, with its own main street along North Lombard Street. Both suit buyers who want a neighborhood feel rather than a downtown high-rise.
Are there parks near Portland condos for sale in the city?
Forest Park is one of the largest urban forests in the country and can be reached from the Northwest hillside. Gabriel Park in Southwest Portland offers sports fields and a community center close to Multnomah Village. Riverfront paths along the Willamette give walkers and cyclists a flat route toward the city center.