Portland has so many lovely areas to choose from. Though most of the inner SE/NE neighborhood homes are starting around $350,000, you can still find great deals.
Sellwood seems it could be a great possibility: http://relocationtoportland.com/2009/01/22/people-love-sellwood/
Abernethy is also quite lovely http://relocationtoportland.com/2009/04/17/hosford-abernathy
You might also love Roseway, Irvington, Belmont and Woodstock. You can easily walk to shops and restaurants from any of these areas. I'm an Inner SE/NE specialist and ready to help whenever you are ready to move forward.
Please feel free to give a call or email anytime, I'm happy to help.
That said there are some great neighborhoods in the suburbs that will afford you to have the walkability you desire and more home than you will find in the core close-in Portland neighborhoods.
It is all doable, but a matter of lining up your expectations for house and neighborhood in your price range. When do you anticipate being in the area? Have you already sold your home out of state? If you are interested in having a conversation, I am happy to help.
In Gresham I would narrow in on the area between Division (North) and Powell (South) with Birdsdale in the East and Main St in the West. This is a nice older neighborhood with large yards and well kept houses, with easy access to walk your dog to the park or downtown.
I am familiar with all of the Portland neighborhoods and the surrounding suburbs. I would love to discuss the possibilities. Please give me a call at 503-544-4894. Misty
I am familiar with all of the Portland neighborhoods and the surrounding suburbs. I would love to discuss the possibilities with you. Please give me a call at 503-544-4894. Misty