Susie and Matt Know Entry Level Equity Builders

The Portland real estate market is bananas and we know it can feel overwhelming for first-time home buyers or just about anyone. So today we wanted to show you a few recent properties we’ve listed on the more affordable end of the Portland real estate spectrum. These are the kind of properties that could have monthly mortgage payments comparable to Portland rents. And while 20% down payments are great, there are ways to get into homes with less than that. We recently had a first-time buyer get into the market with 3.5% down … and now they’re building equity!

Home 1: Pleasant Valley Duplex (SE PDX) | 4 Bed | 3 Bath | 2,788 SF | Listed at $465,000 | Sale Pending

Live in one half, rent the other! Sale is now pending but expanding your home search to include duplexes allows for creative ways to pay the mortgage.

Home 2: Montavilla Cape Cod (SE PDX) | 4 Bed | 1 Bath | 2,113 SF | Listed at $459,000 | Sale Pending

Home 3: Hillsdale Midcentury | 2 Bed | 1 Bath | 1,636 SF | $549,000 | Just Listed & Open House

Just Listed! Stay cozy year-round with radiant floor heat on the whole main level and a wood-burning fireplace. Enjoy the walkability of Hillsdale just 1/2 mile to the main restaurant row, farmers market and library. This sweet spot has 900+ SF on the main level w/ 700 SF bonus space in the attic loaded with potential. (A similar house in the neighborhood converted this space to 2 bedrooms!)

Open House:
Sunday (1/16)
11:00 am to 1:00 pm

805 SW Westwood Dr Portland, OR 97239

Virtual tour here.

If you have any real estate goals you’re looking to achieve in the new year, Moran Homes covers all price points and we are happy to help get the ball rolling. Call at your convenience!

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