UPCOMING EVENT:  1031 Exchange Class on Apr 1, 2026

7738 SW 31ST AVE Portland, OR 97219
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Price:
$649,000
Beds:
3
Baths:
1.2
Ft²:
2390
Acres:
0.12
MLS#:
643309575
Lot Size:
5,000 to 6,999 SqFt
Type:
Detachd
Zone:
RM2
County:
Multnomah
Style:
2 Stories
Yr Built:
1920
Status:
Active
Levels:
2
Nhood/Bldg:
MULTNOMAH
Heat:
Forced Air
Fireplace:
Wood Burning
Roof:
Composition
Elem:
Maplewood
Middle:
Jackson
High:
Ida B Wells
Lot Desc:
Level
Area:
Portland NW/ SW/ S, Raleigh Hills
Exterior:
Deck, Fenced, Garden, Porch, Yard
Courtesy of:
Windermere Realty Trust
Remarks:
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 and registered with DEQ.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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