2 Bedroom New Construction Homes for Sale in Portland, OR Under $350K
There are 12 single family homes for sale in Portland, OR, with 2 bedrooms, 3 bathrooms, and 835 to 989 square feet of living space. Displayed asking prices range from $329,900 to $339,900, and build years from 2024 to 2026. The largest, at 9215 North Seneca Street, offers 2 bedrooms and 989 square feet for $334,900.
These homes are spread across North and Southeast Portland, in neighborhoods with distinct characters. St. Johns sits on a peninsula where the Willamette River turns north, with a historic main street and Cathedral Park beneath the St. Johns Bridge. Foster-Powell, southeast of downtown, is built around Foster Road and Kern Park. Cully, in Northeast Portland, is anchored by Wilshire Park and the Going Street corridor.
Downtown Portland is roughly 20 to 30 minutes by car from St. Johns via Interstate 5, and bus lines run along Foster Road and Powell Boulevard for Southeast commutes. The Willamette Greenway trail and Pier Park put river walks and playgrounds within a short bike ride of North Portland. Homes in these areas are served by Portland Public Schools, and Forest Park, one of the largest urban forests in any American city, is a drive away on the west side.
Homes in this collection
12 homes
Your Property Journey
Interested in this, or something like it?
Submit an inquiry
Drop your details and we will help you find what you are looking for.
Not quite. Help me find the right one
Talk it through or type it out, whichever feels easiest.
Your contact details
An agent will reach out personally, no automated calls.
Smart Assistant
Hi, how can I help you find your dream home?
Tap the voice button to talk, or just start typing.
Tap anywhere to fix a word or add more
Tap stop when you’re done. You can edit the text before searching.
By submitting, you agree to our Privacy Policy and Terms.
Keep exploring
More collections in Portland, Oregon
Good to know
Buying in Portland
The questions buyers ask us most about this collection.
Is St. Johns a good neighborhood for a first-time buyer in Portland?
St. Johns is a historic North Portland neighborhood on a peninsula along the Willamette River, with a walkable main street and easy access to Cathedral Park. Its older core gives it a settled feel, while newer infill has added compact homes suited to buyers who want a lower entry point. Visit at different times of day to judge traffic and parking on your own block.
How long is the commute from North Portland to downtown?
Downtown Portland is roughly 20 to 30 minutes by car from St. Johns via Interstate 5, depending on traffic and time of day. Bus service and bike routes offer alternatives for workers who prefer not to drive. Test your actual commute at rush hour before you make an offer.
What should I check on a new construction home in Portland?
Ask for the builder warranty terms, the energy rating, and the list of included appliances in writing. Confirm whether the lot is fee simple and whether any association or shared maintenance applies. Review the survey, utility connections, and any city permits tied to the build.
Does Portland have a System Development Charge exemption for new homes?
The Portland Housing Bureau runs a System Development Charge exemption program that can reduce city fees for qualifying new homes. Eligibility depends on buyer income and other program rules set by the city. Ask your lender and the Portland Housing Bureau to confirm whether you qualify before you rely on the savings.
What is Foster-Powell like compared with St. Johns?
Foster-Powell is a Southeast Portland neighborhood centered on Foster Road, with a mix of older homes and newer infill and neighborhood shops. St. Johns is further north and feels more tied to the river and its historic core. Buyers often pick between them based on whether they want a Southeast commute or a North Portland river setting.
Are Portland new construction homes typically in a homeowners association?
Many new single family homes in Portland are sold fee simple without an HOA, but some developments do have shared rules or dues. Confirm the presence or absence of an association in the title report and the listing documents. Ask what shared costs, if any, you would owe each month.