Portland Homes under $150,000

Portland Homes under $150,000

Welcome to Portland, a vibrant and historic neighborhood nestled within the heart of Louisville, Kentucky. Known for its rich cultural heritage and community spirit, this subdivision offers an inviting atmosphere that seamlessly blends the charm of the past with the conveniences of modern living. Portland is characterized by its diverse architecture, featuring everything from quaint bungalows to traditional two-story homes, making it a perfect place for families, first-time homebuyers, and investors alike.

One of the most appealing aspects of Portland is the accessibility of homes priced under $150,000. In a market where affordability can often feel like a challenge, this neighborhood stands out as a beacon of opportunity. Here, you can find a variety of charming residences that are not only budget-friendly but also ripe for personalization and renovation. Whether you’re looking for a cozy starter home or a fixer-upper to make your own, Portland has something to offer.

The community is anchored by its friendly residents and local businesses, creating a warm and welcoming environment. Enjoy leisurely strolls along the scenic waterfront or take advantage of the nearby parks and recreational facilities. Portland is also well-connected to downtown Louisville, providing easy access to the city’s vibrant dining, shopping, and entertainment options.

In Portland, you’ll discover not just a house, but a place to call home. With its affordable housing options and rich community life, this neighborhood is truly a hidden gem in Louisville, waiting for you to explore and embrace. Come and see why Portland is the perfect place to plant your roots!

Newest Portland Homes under $150,000

2206 Griffiths Ave, Louisville
$140,000
3 Beds ⋅ 2 Baths ⋅ 1730593 MLS
Newly Affordable Renovated 3 bedroom 2 bath single family home in Portland Area. Property zoned C-1 providing owner more options for property. Property additionally features fenced yard and garage. Schedule your showing today!

2206 Griffiths Ave, Louisville
2817 Slevin St, Louisville
$38,000
2 Beds ⋅ 2 Baths ⋅ 1729939 MLS
Calling all investors and renovators! This 1-bedroom, 1-bath home; however framed for a 2 bedroom, 2 bath is ready for its next chapter. This property brings a blank canvas to bring your vision to life. Whether you're looking for your next renovation project or an addition to your investment portfolio, this property is ready for transformation. Property is being sold as-is. Select photos have been virtually staged to help illustrate the property's potential.

2817 Slevin St, Louisville
2723 Saint Xavier St, Louisville
$69,900
4 Beds ⋅ 1 Baths ⋅ 1729874 MLS
**Attention Investors** Solid rehab project + separate lot included! Buyer to verify build-ability of the 2nd lot (2725 Saint Xavier). The home needs TLC, but comes equipped with 1,480 SF across 4 Bedrooms, 1 Bath and a layout that would work well for a flip, rental, or BRRRR project. Estimated ARV of $150K - $180K for the home, plus possibility to build next door. Property is being marketed to cash/hard-money buyers only. Buyer to verify all information, including lot dimensions and build-ability, square footage, structural condition, foundation, utilities, zoning, room counts, comparable sales, and intended use. No warranties expressed, written, or implied. Bring all serious offers.

2723 Saint Xavier St, Louisville
409 N 20th St, Louisville
$94,000
3 Beds ⋅ 1 Baths ⋅ 1728070 MLS
This home has been updated with major improvements. In 2019, the property underwent an extensive remodel featuring a new roof, energy-efficient windows, vinyl plank flooring throughout, a new furnace, and a new water heater. In 2026 a new electric panel was installed. This is a great opportunity for an owner occupant or investor! Property can be sold with three other properties.

409 N 20th St, Louisville
2417 Bank St, Louisville
$150,000
3 Beds ⋅ 2 Baths ⋅ 1726709 MLS
Discover this Portland gem with a highly efficient, open floor plan perfect for modern living! The main level offers two spacious bedrooms, a full bath, and bright, airy living spaces ideal for entertaining. Enjoy a beautifully updated kitchen featuring new matching appliances, granite countertops, and custom cabinetry. Convenient hallway laundry is tucked neatly behind doors. Upstairs you'll find a large primary bedroom, walk-in closet, and a stylishly updated full bath. Recent upgrades include a new water heater, AC, and all but one window replaced. Move-in ready and filled with thoughtful updates—don't miss this opportunity!

2417 Bank St, Louisville
2136 Lytle St, Louisville
$99,500
2 Beds ⋅ 1 Baths ⋅ 1726605 MLS
Whether looking for a place to call home or an addition to your investment portfolio, you'll want to check out 2136 Lytle, a classic brick shotgun in the Portland neighborhood. Completely renovated in 2017, freshly painted throughout, and a fenced front and back yard. This home has consistently generated $1000 / month in rental income.

2136 Lytle St, Louisville
1913 Duncan St, Louisville
$97,400
3 Beds ⋅ 1 Baths ⋅ 1726466 MLS
14$ CAP rate with $1400 monthly rent! Spacious and updated 3-bedroom, 1-bath home in Louisville's Portland neighborhood right on Boone Square Park. Currently tenant-occupied at $1,400/month with a lease secured through May 31, 2027—tenant is current on all payments. Enjoy recent updates, including a new roof, plus a refreshed kitchen and bathroom. Tenant pays all utilities and handles yard care. Features window unit ACs and two wall gas heaters. $2,500 security deposit. 14% cap rate. Great investment opportunity in a revitalizing neighborhood!

1913 Duncan St, Louisville
2720 Bank St, Louisville
$95,000
4 Beds ⋅ 1 Baths ⋅ 1725377 MLS
Nice 4bed, 1 bath Portland home

2720 Bank St, Louisville
467 N 29th St, Louisville
$125,000
2 Beds ⋅ 2 Baths ⋅ 1725087 MLS
Step into this fully renovated 2-bedroom, 2-bathroom home where every detail has been thoughtfully reimagined. This home features all-new systems, finishes, and fixtures throughout — nothing left untouched. This layout consists of a bright light filled and oversized living room, a modern kitchen with new Warm wood cabinetry and coordinating countertops, and a brick wall feature. Two spacious bedrooms and two full baths with added storage, and ceramic tiled tub surrounds. All this offering Character, Comfort, Convenience, and Charm. The wide hallway is also a feature which could provide greater accessibility for all abilities. New LVP flooring throughout, fresh painted wall and trim, new windows, updated electrical, plumbing, and HVAC, delivers true move-in-ready peace of mind. Outside, enjoy a fresh exterior and a low maintenance with privacy fenced yard, plus storage shed. Located in the historic Portland neighborhood, this is a REVERT eligible property. Listing agents are members of the selling entity.

467 N 29th St, Louisville
112 Dr W. J. Hodge St, Louisville
$60,000
3 Beds ⋅ 1 Baths ⋅ 1723655 MLS
Great opportunity for an owner occupant or investor in the Portland neighborhood! This 3 bedroom home has updated kitchen cabinets, updated bathroom, and fresh neutral paint inside and out. The windows and flooring have been updated as well as the light fixtures throughout the home. This location allows quick access to the downtown area as well as easy access to I-64 for a quick commute. Schedule a showing today!

112 Dr W. J. Hodge St, Louisville
2530 Griffiths Ave, Louisville
$119,900
3 Beds ⋅ 1 Baths ⋅ 1723573 MLS
Renovated and move-in ready! This charming 3-bedroom, 1-bath home offers approximately 924 square feet of updated living space with a functional layout and numerous recent improvements, including a brand-new roof on both the house and detached one-car garage and brand-new HVAC ductwork for added peace of mind. Inside, you'll find refinished hardwood floors, fresh paint, updated lighting, and a welcoming living room featuring a decorative fireplace that adds warmth and character. The spacious eat-in kitchen and dedicated laundry area provide everyday convenience, while abundant natural light creates a bright, inviting atmosphere. Step outside to enjoy a covered front porch, a large fenced backyard, a detached one-car garage, and additional off-street parking. Conveniently located with easy access to shopping, restaurants, schools, parks, and the waterfront. Whether you're a first-time homebuyer searching for a move-in-ready home or an investor looking for a turnkey opportunity, this property is one you won't want to miss. Schedule your private showing today and ask about special financing programs that may be available for qualified buyers, including low down payment and affordable homeownership options.

2530 Griffiths Ave, Louisville
3012 Columbia St, Louisville
$45,000
3 Beds ⋅ 1 Baths ⋅ 1721873 MLS
3012 Columbia Street is perfect for an owner occupant or investor.

3012 Columbia St, Louisville
Start Your Search