Charming 1920s home in the heart of Multnomah Village, blending timeless character with thoughtful updates and flexible living potential. Zoned RM2, this property offers opportunity for residential, investment, or live/work use, with a history of both private residence and home-based business.Filled with natural light, the home features hardwood floors throughout (oak on main, fir upstairs), original woodwork, and classic built-ins. The spacious layout includes 3 bedrooms-two oversized-plus a dedicated office or art space. The primary suite offers a walk-in closet, and a butler's pantry adds everyday convenience.Recent updates include: new interior paint (2026), new chimney (2026), sewer line replacement (2025), newer furnace and ductless system, updated kitchen appliances and an EV charger. Oil tank has been decommissioned.The home also has a strong short-term rental history, professionally managed and marketed across multiple platforms.A separate basement entrance opens the door to ADU, multi-generational living potential, or a spacious garden level workshop. Enjoy a large, private backyard, attic storage, and excellent walkability just moments from shops, dining, and the Multnomah Arts Center. A rare opportunity to own a versatile and character-rich property in one of Portland's most beloved neighborhoods, just steps away from Multnomah Village.
Listed By
Agency Name: Windermere Realty Trust
Agency Contact: alexisking@windermere.com
Shown By
Agency Title: Bend Premier Real Estate
Agency Phone: 541-323-2779
Estimated Payment
$ 3,904.70 per month $2,958.08 Principal & Interest $776.00 Property Tax $170.63 Homeowner's InsuranceSend an email with a link to
7738 SW 31st Ave, Portland, OR 97219.
Contact an agent to learn more about
7738 SW 31st Ave, Portland, OR 97219.
Thank you for your inquiry! As a thank you, we have a Special Mortgage Offer for You.
We would like to provide you a free, no-obligation, home loan pre-approval review.
Enter your mobile number below to have the property address and page url texted to your phone.
If the email address was found in our system, your password has been sent. Please check your inbox.
Back to Login
7738 SW 31st Ave | MLS# 643309575
This single family home located at 7738 SW 31st Ave, Portland, OR 97219 is currently listed for sale with an asking price of $585,000. This property was built in 1920 and has 3 bedrooms and 1 full and 2 partial baths with 2390 sq. ft. SW 31st Ave is located in the MULTNOMAH subdivision. Search MULTNOMAH real estate on www.bendpremierrealestate.com today.