7738 SW 31ST AVE Portland, OR 97219
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Price:
$575,000
Beds:
3
Baths:
1.2
Ft²:
2390
Acres:
0.12
MLS#:
548231304
Lot Size:
5,000 to 6,999 SqFt
Type:
Detachd
Zone:
RM2
County:
Multnomah
Style:
3 Stories
Yr Built:
1920
Status:
Active
Levels:
3
Nhood/Bldg:
MULTNOMAH VILLAGE
Heat:
Forced Air
Fireplace:
Wood Burning
Roof:
Composition
Accessibility:
Natural Lighting
View:
Trees/Woods
Elem:
Maplewood
Middle:
Jackson
High:
Ida B Wells
Lot Desc:
Level, On Busline, Private, Trees
Area:
Portland NW/ SW/ S, Raleigh Hills
Exterior:
Deck, Fenced, Garden, Porch, RV Parking, Yard
Courtesy of:
MORE Realty
Remarks:
Welcome to one of Multnomah Village's most charming and versatile homes. Built in 1920 and full of timeless character, this beautifully maintained bungalow blends original craftsmanship with thoughtful modern updates, offering a home that is as functional as it is inviting. Warm hardwood floors, classic built-ins, original woodwork, and abundant natural light create an atmosphere that's both welcoming and full of personality. The spacious floor plan features 3 oversized bedrooms, a dedicated office or creative studio, a walk-in closet in the primary suite, and a charming butler's pantry that adds both character and everyday convenience. Outside, enjoy a fully fenced private backyard with room to garden, entertain, relax, or simply enjoy Portland's beautiful seasons. The lower level features its own exterior entrance, creating exciting possibilities for future ADU potential, multigenerational living, guest quarters, workshop space, or additional flex space (buyer to verify).Major updates provide peace of mind, including new interior paint (2026), new chimney (2026), sewer line replacement (2025), updated kitchen appliances, newer furnace, ductless heating and cooling, EV charger, and a decommissioned oil tank. Adding even more value, the property is zoned RM2 and has a successful history as a professionally managed short-term rental, offering flexibility for homeowners and investors alike. The location is truly exceptional. Just moments from the heart of Multnomah Village, you'll love being able to walk to neighborhood restaurants, coffee shops, boutiques, the weekly farmers market, Gabriel Park, the Multnomah Arts Center, and community events that make this one of Portland's most beloved neighborhoods. Whether you're searching for your forever home, a smart investment, or a property with room to grow and adapt to your lifestyle, this one-of-a-kind bungalow offers character and location in one remarkable package.
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