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7738 SW 31ST Ave

Portland, OR 97219
  • $575,000
  • STATUS: Active
  • ON SITE: 12 Days
  • MLS #: 548231304
Open House
UPDATED: 84 min ago
$575,000
  • 3
    BEDS
  • 0.12
    ACRES
  • 1
    BATHS
  • 2
    1/2 BATHS
  • 2,390
    SQFT
  • $241
    $/SQFT
Neighborhood:
Type:
Single-Family Home
Built:
1920
County:

School Information

Elementary School:
Middle School:
High School:

Description

Open House 8/15 12-2pm Motivated Seller. 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, flexibility, and location in one remarkable package.

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Listing content is copyright © 2026 RMLS™, Portland, Oregon. The content relating to real estate for sale on this web site comes in part from the IDX program of the RMLS™ of Portland, Oregon. Real estate listings held by brokerage firms other than Coho Realty are marked with the RMLS™ logo, and detailed information about these properties includes the names of the listing brokers. Data last updated 2026-08-14T11:05:34.48.Data deemed reliable but not guaranteed. Some properties which appear for sale on this web site may subsequently have sold or may no longer be available. IDX information is provided exclusively for consumers’ personal, non-commercial use, and may not be used for any purpose other than to identify prospective properties consumers may be interested in purchasing. All information provided is deemed reliable but is not guaranteed accurate by RMLS™ or Coho Realty and should be independently verified.
www.coho.realty/homes/179597042
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7738 SW 31ST Ave Portland, OR 97219

  • Price: $575,000
  • Status: Active
  • On Site: 12 Days
  • Updated: 84 min ago
  • MLS #: 548231304
3
Beds
1
Baths
2
½ Baths
0.12
Acres
2,390
SQFT
$241
$/SQFT
1920
Built
Neighborhood:
Multnomah Village
County:
Multnomah
Area:
Portland Nw/ Sw/ S, Raleigh Hills
Elementary School:
Maplewood
Middle School:
Jackson
High School:
Ida B Wells
Property Description
Open House 8/15 12-2pm Motivated Seller. 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, flexibility, and location in one remarkable package.
Exterior Features

Architectural Style Stories2 Bungalow Attached Garage YN No Exterior Description Wood Siding Exterior Features Deck Fenced Garden Porch RVParking Yard Foundation Details Concrete Perimeter Lot Features Level On Busline Private Trees Parking Features Driveway RVAccess Parking Parking Total 0 Road Surface Type Paved Roof Composition View Description Trees Woods View YN Yes

Interior Features

Additional Room Description Storage Additional Room Level Lower Appliances Dishwasher Free Standing Range Free Standing Refrigerator Granite Stainless Steel Appliance Basement Partially Finished Bathrooms Full Lower Level 0 Bathrooms Full Main Level 0 Bathrooms Full Upper Level 1 Bathrooms Partial Lower Level 0 Bathrooms Partial Main Level 2 Bathrooms Partial Upper Level 0 Cooling YN No Dining Room Features Hardwood Floors Dining Room Level Main Fireplace Features Wood Burning Fireplace YN Yes Fireplaces Total 1 Heating Forced Air Heating YN Yes Interior Features Ceiling Fan Hardwood Floors Washer Dryer Wood Floors Kitchen Features Deck Eating Area Pantry Kitchen Features Cont Granite Kitchen11 Level Main Living Room Features Ceiling Fan Fireplace Hardwood Floors Living Room Level Main Lower Level Area Total 488 Main Level Area Total 1155 Primary Bedroom Features Ceiling Fan Primary Bedroom Features Cont Walkin Closet Wood Floors Primary Bedroom Level Upper Second Bedroom Features Ceiling Fan Second Bedroom Features Cont Closet Wood Floors Second Bedroom Level Upper Third Bedroom Features Hardwood Floors Third Bedroom Level Main Upper Level Area Total 747 Window Features Storm Window

Property Features

Accessibility Features Natural Lighting Accessibility YN Yes Association YN No Bank Owned YN No Farm YN No Fuel Description Gas Green Certification YN No Home Warranty YN No Hot Water Description Gas IDXAddress Display YN Yes Internet Service Type Cable Listing Terms Cash Conventional FHA New Construction YN No Property Attached YN No Property Condition Approximately Property Sub Type Single Family Residence Senior Community YN No Sewer Public Sewer Short Sale YN No Tax Annual Amount 9312.42 Tax Year 2025 Water Source Public Water Zoning RM2

Listing provided courtesy of MORE Realty: 503-459-1963.


Listing content is copyright © 2026 RMLS™, Portland, Oregon. The content relating to real estate for sale on this web site comes in part from the IDX program of the RMLS™ of Portland, Oregon. Real estate listings held by brokerage firms other than Coho Realty are marked with the RMLS™ logo, and detailed information about these properties includes the names of the listing brokers. Data last updated 2026-08-14T11:05:34.48.Data deemed reliable but not guaranteed. Some properties which appear for sale on this web site may subsequently have sold or may no longer be available. IDX information is provided exclusively for consumers’ personal, non-commercial use, and may not be used for any purpose other than to identify prospective properties consumers may be interested in purchasing. All information provided is deemed reliable but is not guaranteed accurate by RMLS™ or Coho Realty and should be independently verified.
 
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