First-Time Buyer 2+ Bedroom Condos for Sale in Portland, OR Under $275K
There are 12 condos for sale in Portland, OR, with 2 to 3 bedrooms, 1 to 4 bathrooms, and 832 to 1,865 square feet of living space. Displayed asking prices range from $220,000 to $250,000, and build years from 1965 to 2024. The largest, at 2607 Southeast 109th Avenue, offers 3 bedrooms and 1,865 square feet for $250,000.
In southeast Portland, Mount Tabor is an extinct volcano with wooded paths and open reservoirs on its flanks, and the surrounding streets are lined with mature trees. In the northwest, Forest Park's trails are a short drive from Northwest 23rd, where shops and cafes sit within walking distance. Along the Willamette, the Pearl District and downtown riverfront are a short ride away.
Residents commute by car, bike, or TriMet, and the MAX Yellow Line links the Expo Center and Kenton with downtown. Downtown sits roughly 15 minutes by car from much of southeast Portland outside rush hour, and Portland International Airport is about 20 minutes away via Interstate 205. Schools fall under Portland Public Schools, and the Willamette riverfront path runs along both banks through the central city.
Homes in this collection
13 homes
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Buying in Portland
The questions buyers ask us most about this collection.
Which Portland neighborhoods are best for a first condo purchase?
Mount Tabor and the surrounding southeast streets suit buyers who want tree-lined blocks and a short drive to the park. Northwest 23rd offers walkable shops and cafes, while the Pearl District suits those who want an urban core within reach of the river. Compare each area's walkability and HOA rules before choosing.
How do HOA fees affect a condo purchase in Portland?
HOA dues on Portland condos often cover exterior maintenance, water, sewer, or trash, depending on the building. Ask for the association's budget and reserve study before you make an offer. A special assessment can add cost, so check whether the building has any planned exterior projects.
How long is the commute from southeast Portland to downtown?
Downtown is roughly 15 minutes by car from much of southeast Portland outside rush hour. TriMet bus lines and the MAX light rail offer alternatives, and the Yellow Line runs north through Kenton to downtown. Peak traffic on Interstate 205 and Highway 26 can add considerable time.
Is Forest Park close enough to use regularly from a condo?
Forest Park is one of the largest urban forests in the country and offers more than 80 miles of trails. Its access points sit a short drive from Northwest 23rd and nearby neighborhoods. Living close enough makes weekday hikes practical, not just a weekend plan.
What should a buyer check in an older Portland condo?
Look at the roof, plumbing, and electrical work, and ask when major components were last replaced. Review the reserve study and any recent or upcoming special assessments. Ask whether the unit has updated windows, heating, or a newer water heater.
Do Portland condos usually include parking and storage?
Many buildings include deeded or assigned parking, and some have secured garages or carports. Storage may be a locker or a shared room, depending on the complex. Confirm parking rights and any fees in the purchase documents.