5 Portland Condos for Sale in SW under $500K and HOAs Under $300/mo.

Dreaming of the condo lifestyle but scared off by sky high HOA fees? Believe it or not, there are condos in Portland with reasonable HOA fees that won’t break your budget. Of course, it’s always wise to do your research before committing to a property because all HOA fees are not created equal. Some are in place merely to keep the HOA running while others cover all building maintenance and groundskeeping. Portland’s condo market has struggled in recent years but is starting to recover, so give some serious consideration to the lifestyle this segment of the market offers. We have the full map of all Portland homes for sale.

We checked out the market this week and found 5 condos for sale in SW Portland under $500K with HOAs less than $300 per month. To find these homes, we selected “Condos / Townhomes” and set the maximum price at $500K. We then set the “HOA Monthly” filter to “$300” and zoomed in on SW Portland.

Take a look at these desirable homes and see which one best fits your budget.

1. 7522 SW Barnes Rd #C

This desired West Hills location is only ten minutes from West Hills Plaza, Downtown Portland, NW 23rd shops and restaurants, St. Vincent Hospital, transit, and the freeway. Inside, there’s new carpet, vinyl windows, tons of natural light, and vaulted ceilings. Drink coffee on your full length deck that overlooks unbeatable views of all that the NW has to offer. There’s storage off the deck and extra parking if needed. The HOA includes, tennis, sauna, pool, gym, hot tub, clubhouse, landscaping, trash, and waste/sewer. Cashless pay laundry is located onsite. HOA fee: $227 per month.

2. 1410 SW 11th Ave #302

Come view this contemporary corner condominium in the awarding-winning Mosaic building featuring a full gourmet kitchen with an open concept floor plan and in-unit washer and dryer. Enjoy beautiful views of the Portland Old Church and close proximity to PSU, Portland Art Museum, shopping, and streetcar stops. The list goes on an on! This one is perfect for the investor, as there is a tenant in place until 8/1/2023. Monthly parking is close by. HOA fee: $287 per month.

3. 1033 SW Gibbs St #203

Revel in stunning Mt. Hood and city views from your deck in this single-level condo in move-in condition with secured tandem two-car parking. The interior is open and bright with bay windows in the living room. HOA fee: $297 per month.

4. 1439 SW Montgomery St

Enjoy this great location within walking distance of Downtown Portland in the Goose Hollow area just two blocks from the PSU campus. There’s a balcony off the kitchen area, bay windows in the living area and in one of the bedrooms, and new carpet throughout. The condo has space for a fireplace to be installed. HOA fee: $292 per month.

5. 11343 SW Capitol Hwy

Enjoy capitol convenience in this newer SW Portland townhome-style condo with an open kitchen/living/dining floor plan with high ceilings, quartz counters, stainless steel appliances, and two en-suite bedrooms on the upper level with walk-in closets and vaulted ceilings. The primary suite has a private porch, and the ground-level bedroom has a separate full bath. There’s a devoted laundry room with built-in storage and a secured two-car garage with direct access to the unit. The location is great, with close proximity to Sylvania Park, PCC Sylvania campus, SW Barbur Blvd, and I-5. The seller is offering a $5K credit. HOA fee: $152 per month.

Ready to Make the Move and Buy a Condo in Portland?

We’re happy to show you these condos and more, so call our top 1% buyer’s agents today or chat with the bot on our site. We’ll use our 18 years of experience in the Portland metro area to ensure your transaction is smooth and stress-free. We’d love to help you find your next home!