7940 SW 31ST AVE # 2
Portland, OR, 97219 $ 424,900
Bedrooms2 Baths2.1 Sq 1,410 Monthly Estimate*
$ 2,616
for $424,900 with 2 bedrooms and 2 full baths, 1 half bath. This 1,410 square foot condo was built in 2008.
Modern Living in the Heart of Multnomah Village at an incredible price! Enjoy the perfect blend of style, comfort, and convenience in this light-filled 2-bedroom, 2.5-bath townhome-style condo just steps from the best of Multnomah Village. With high ceilings throughout and a thoughtfully designed floor plan, this home offers easy, low-maintenance living in one of Portland's most beloved neighborhoods. The main level is made for everyday living and entertaining, featuring wood floors, an open-concept living and dining area, and a spacious kitchen with granite tile countertops, stainless steel appliances, a gas 5-burner range with convection and air fryer capabilities, exterior-venting microwave hood, dishwasher, and refrigerator. Two private decks provide the perfect spots for morning coffee or evening relaxation, while a convenient powder bath completes the space. Upstairs, both bedrooms are private suites. The impressive primary retreat features vaulted ceilings soaring from 12 to 14 feet, dual sinks, a walk-in shower, and generous closet space. The second suite offers its own walk-in closet and tub/shower combination. Laundry is conveniently located on the upper level between the bedrooms. A rare tandem 2-car garage provides exceptional storage for outdoor gear, hobbies, and everyday organization. Just blocks from neighborhood favorites, including restaurants, coffee shops, boutiques, farmers markets, and Gabriel Park, you'll love having everything Multnomah Village has to offer right outside your door. No rental cap makes for a great investment opportunity. And a lender-paid rate buydown program is available making it even more affordable. Don't wait on this one!
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FeaturesInteriorInterior Amenities EngineeredHardwood GarageDoorOpener Granite HighCeilings Laundry Skylight SlateFlooring Sprinkler TileFloor VaultedCeiling Wainscoting WasherDryer
Hot Water Gas
Total Stories 3
Window Features DoublePaneWindows VinylFrames
Total Bathrooms 2.1
Unit Location Townhouse
Total Bedrooms 2
Total Baths 3
1/2 Baths 1
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GeneralSewer PublicSewer
Heating ForcedAir
Cooling CentralAir
Appliances BuiltinRange Dishwasher Disposal FreeStandingRefrigerator GasAppliances Granite Microwave StainlessSteelAppliance
HOA Fee 565.0
Garage Spaces 2.0
Architectural Style Modern Townhouse
Year Built 2008
Stories Count 3
Unit Number 2
Property Subtype Condominium
Tax Year 2025
Parcel Number R620918
Assoc Fee Paid Per Monthly
County Multnomah
Property Type Residential
Association Amenities AllLandscaping Commons ExteriorMaintenance MaintenanceGrounds Management Sewer Water
HOA Y
Subdivision Name MULTNOMAH VILLAGE
Full Baths 2
Status Active
Directions Multnomah Blvd or Capitol Hwy to 31st
High School Ida B Wells
City Portland
Disclosures Disclosure
MLS Area _148
Listing Terms Cash Conventional VALoan
Elementary School Maplewood
Tax Annual Amount 7035.82
Middle/Junior High School Jackson
Property Condition Resale
Virtual Tour https://nam10.safelinks.protection.outlook.com/?url=https%3A%2F%2Fwww.zillow.com%2Fview-imx%2Fa577ed81-ecd1-46cc-b474-4325128f39c7%3FsetAttribution%3Dmls%26wl%3Dtrue%26initialViewType%3Dpano%26utm_so
Standard Status Active
Accessory Dwelling Unit Y/N N
Legal Description VILLAGE LOFTS AT MULTNOMAH CONDOMINIUM LOT 2
ADU False
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ExteriorExterior Amenities Deck
Water Source PublicWater
Total Parking 2.0
Garage Type Attached Oversized Tandem
Exterior Description CementSiding
Building Area Total 1410.0
Road Surface Type Paved
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* Excluded FeaturesList Byconnie.apa@eleetere.comEmail
Affordability Calculator
- Monthly Principal & Interest
- $2,616
- Monthly Property Taxes
- $586
- Monthly Home Insurance
- --
Default based on a 30-year fixed rate of 6.25% with 20% down. The estimated payment is offered for convenience and is not an offer of credit. Due to market fluctuations, interest rates are subject to change at any time and without notice. Your individual rate may vary. Rates may differ for FHA, VA or jumbo loans.
Learn more about how to save NearbyCondo listings in Portland, OR
Average List Price $413,772
Percent of Sale Price 3%
About Portland, OR 646,380 Population
22% Since 2002
$ 62,517 Median Income
39 Median Age
22% Households with Children
Trends Information provided by ATTOM Data Solutions.
3254086 Elementary School
3254087 Middle School
Ida B Wells High School High School
Pricing History| Date | Price | Price Change | Description |
|---|
| 5/26/2026 | $424,900 | -2.32% | Price Down |
| 5/13/2026 | $435,000 | -3.12% | Price Down |
| 4/9/2026 | $449,000 | | Listed Price |