Listing provided courtesy of Windermere Realty Trust- MLS# 643309575MLS ProviderContact Information: [email protected]

7738 SW 31ST AVEPortland, OR 97219

Single Family · 3 Beds · 1 Full Bath · 2 Partial Baths · 2,390 Sq. ft. | 0.12 Acres
$585,000 Active

7738 SW 31ST AVE Overview

Time on Site:
88 days
Visits:
1

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.

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7738 SW 31ST AVE Facts & Features

  • Type Single Family
  • Sq. ft. 2,390
  • Price/Sq.ft. $245
  • Lot 0.12 Acres

Details

General

School Information

  • Elementary School: Maplewood
  • Middle Or Junior School: Jackson
  • High School: Ida B Wells

Building Information

  • Year Built: 1920

Location/Region

  • Country: US
  • County Or Parish: Multnomah
  • MLS Area Major: 148 - Portland NW/ SW/ S, Raleigh Hills
  • Subdivision Name: MULTNOMAH

Tax Information

  • Tax Annual Amount: 9312.42
  • Tax Year: 2025

General Information

  • Disclosures: Disclosure
  • Listing Terms: Cash,Conventional,FHA,VA Loan
  • Parcel Number: R263268
  • Property Condition: Resale
  • Property Sub Type: Single Family Residence
  • Property Type: Residential
  • Zoning: RM2

Interior

Parking Information

  • Garage Spaces: 0

Beds/Baths

  • Bathrooms Full: 1
  • Bathrooms Partial: 2
  • Bathrooms Total: 3
  • Bedrooms Total: 3

Building Interior

  • Building Area Total: 2390.0

General Information

  • Appliances: Dishwasher,Free-Standing Range,Free-Standing Refrigerator,Granite,Stainless Steel Appliance(s)
  • Basement: Partially Finished
  • Fireplace Features: Wood Burning
  • Fireplaces Total: 1
  • Foundation Details: Concrete Perimeter
  • Heating: Forced Air
  • Interior Features: Ceiling Fan(s),Hardwood Floors,Washer/Dryer,Wood Floors
  • Stories: 2
  • Window Features: Storm Window(s)

Exterior

Parking Information

  • Parking Features: Driveway,EV Ready
  • Parking Total: 0

Lot Information

  • Lot Features: Level
  • Lot Size Acres: 0.12
  • Lot Size Square Feet: 5227.0
  • Road Surface Type: Paved
  • Water Source: Public Water

Building Exterior/Construction

  • Architectural Style: 2 Story,Bungalow
  • Roof: Composition

General Information

  • Exterior Features: Deck,Fenced,Garden,Porch,Yard
  • Sewer: Public Sewer

7738 SW 31ST AVE Neighborhood

Community

97219 (Portland) Demographics

41
Median Age
3,599
Population Density (per sq. mile)
73%
College Educated
$104,392
Estimated Median Income
12,811
Estimated Total Home Owners
4,883
Estimated Total Renters
72% / 28%
Estimated Owner / Renter Divide
2
Estimated Average Household Size
Community data courtesy of LiveBy, Inc.

Schools

School data courtesy of LiveBy, Inc. School ratings are based on a scale of 1-5, with 5 being the highest rating and 1 being the lowest rating.
* All calculations are estimates and provided by Reliance Network, for informational purposes only. Actual amounts may vary. ** Assumes 6.50% APR, 20% down payment, and conventional 30-year fixed rate first mortgage. Rates cited are for instructional purposes only; current rates are subject to change at any time without notice. You should not make any decisions based simply on the information provided. Additional required amounts such as taxes, insurance, homeowner association dues, assessments, mortgage insurance premiums, flood insurance or other such required payments should also be considered. Contact your mortgage company for current rates and additional information. Any mortgage broker or insurance agent that may appear is independent and is not affiliated with, endorsed by, or provided by the MLS.

7738 SW 31ST AVE Market Data

Based on the last 30 days in this zip code

$833,937
Average List Price
$358
Average Price per Square Foot
55
Properties Sold
71
Average Days on Market
284
Properties for Sale
Calculations provided by Reliance Network

7738 SW 31ST AVE History

Date Event Value Agent
6/23/2026Source: Regional MLS Price Reduction
$585,000 -2.3%
6/3/2026Source: Regional MLS Status Change
Active
5/27/2026Source: Regional MLS Status Change
Pending
5/17/2026Source: Regional MLS Price Reduction
$599,000 -4.2%
4/29/2026Source: Regional MLS Price Reduction
$625,000 -3.7%
4/2/2026Source: Regional MLS Added to Database
April 02, 2026