5 Best-Priced Condos with 3+ Bedrooms

Ownership of a single family home isn’t for everyone. And for those who gravitate more towards condo life, you’re still in luck in Portland right now. While Portland’s condo market is showing some vague signs of warming up, it’s still nowhere near the competitive real estate market for homes. That’s good news for condo buyers.

But a lot of people hear “condo” and think: tiny box, big building. Studio or even one bedroom condo living doesn’t fit every household. Or, maybe you’re worried that only expensive luxury condos have multiple bedrooms. Think again! Portland has a thriving and affordable condo and townhouse market, with a variety of options when it comes to size and number of bedrooms. If you’re intrigued by this notion but want to make sure you have the space you need, this list is for you.

Each of the five homes below boasts at least three bedrooms. For this search, in addition to setting the minimum number of bedrooms at three, we used the “Best Priced Condo” VestorFilter™. This feature calculates the cost of the condo over five years, factoring in extra costs like taxes and HOA fees. Then, it lists your results not based on the lowest list price but on the best price overall after extra fees. It’s the best way to shop for condos, in our opinion! Without further ado, let’s get to them.

#1 – 2680 SW 87th Ave. #15

2680 SW 87TH AVE 15

This 3 bedroom in West Slope is minutes to downtown Beaverton to the west and downtown Portland to the east. Notably, it occupies a corner of the building and looks out on mature and green-filled landscaping. An a terrace on the back side of the building makes for private enjoyment of the views.

Inside, you’ll be surprised by how spacious this condo feels. For having a relatively small square footage, the space is well-laid out and full of light. The master bedroom even has a walk in closet! An in-unit washer/dryer and newer stainless steel kitchen appliances add to the creature comforts of this modestly priced condo. And two parking spaces, one covered, ensure the whole household will fit!

#2 – 7937 SW 40th Ave. A

7937 SW 40TH AVE A

Maybe a cliche, but location, location, location! Here it applies. This well-maintained complex sits within hopping distance to Multnomah Village, one of the most charming and lively little hamlets west of the Willamette. And accordingly, this one is likely to go fast. Put on the market only a few days ago, this listing hosts an open house this weekend. So if it piques your interest, check it out now!

This home also makes the most of its interior space. Plenty of light fills the open floor plan. And updated kitchen and master bedroom with walk in closet add a little sweetness to the deal as well. And as a little extra – the complex amenities include a pool and hot tub.

#3 – 3343 SE 143rd Ave.

3343 SE 143RD AVE

Now for a change of pace, let’s take a look at this newer-build townhouse in Powellhurst-Gilbert, just blocks from Powell Butte. This one has plenty of space, including room for a dining table. The kitchen centers around a nice-sized island. Meanwhile, the cozy living room enjoys a fireplace as its focal point. This is a three-level home, so the bedrooms are privately tucked away upstairs. On the ground floor level, you’ll find a huge garage with room enough for two cars plus a ton of storage.

This particular listing made it on the Best Priced Condo list partly as a result of its super low (we’re talking under $200) monthly HOA fees. So while the list price is a little higher than the previous two homes, low fees make it a good investment in the long term.

#4 – 1036 NE 104th Av. B

1036 NE 104TH AVE B

And now for a little trip to Northeast Portland. This charming and aesthetically pleasing condo unit is tucked away from the action. But just steps from the Gateway Center, all the amenities needed are at your fingertips.

Some nice updates will meet you inside. Granite countertops shine in the kitchen, along with new appliances. The new laminate flooring brings some life to the open layout of the ground floor. A spacious garage keeps your car and all your toys tucked away. And perhaps best of all – especially for a condo unit – this home comes with a yard! A quaint and very private outdoor space is sure to bring you some peace and fresh air.

#5 – 55 NE 134th Pl.

55 NE 134TH PL

Finally, we have a fantastic opportunity for anyone interested in a brand new build. It’s a little further out into Northeast, in a quiet neighborhood near Hazelwood. The building is only four townhomes, which lends an intimate feel. And they are brand spanking new, with all the bells and whistles. Get ready for higher end cabinetry and appliances, including a gas range. A huge pantry is a bonus for the kitchen. Anyone looking for a sleek and modern townhome will want to check out this new development by LGI homes.

Let’s Go Check Them Out Together

If you’re ready to find the top Portland homes for sale, you’ve come to the right place. Whether you’re looking for a classic home with a huge yard or a modern condo in a huge building, we’ll help you get into the home of your dreams! Call us at 503-773-0000 to find out more or schedule a tour.

Written by Stephen FitzMaurice
Published on April 27, 2021