7940 SW 31ST AVE
Portland, OR, 97219 $ 400,000
Bedrooms2 Baths2.1 Sq 1,410 Monthly Estimate*
$ 2,526
for $400,000 with 2 bedrooms and 2 full baths, 1 half bath. This 1,410 square foot townhouse was built in 2008.
Light-filled, stylish, and effortlessly livable, this 2-bedroom, 2.5-bath townhome-style condo puts you just blocks from the cafés, restaurants, boutiques, and neighborhood charm that make Multnomah Village one of Portland's most beloved destinations.Inside, soaring ceilings throughout and an open-concept floor plan create a bright, airy feel. The main level is designed for gathering, featuring warm wood floors, a spacious living and dining area, and a well-appointed kitchen with granite tile countertops, stainless steel appliances, a gas 5-burner range with convection and air fryer capabilities, an exterior-venting microwave hood, and plenty of workspace. Two private decks invite you to sip your morning coffee or unwind after exploring the Village. Upstairs, both bedrooms are private ensuite retreats. The vaulted primary suite ceiling spans from 12 to 14 feet in height and features a walk-in closet, dual vanities, and a walk-in shower. The second suite offers its own walk-in closet and full bath, while the upper-level laundry adds everyday convenience. The rare tandem 2-car garage provides exceptional flexibility for parking, bikes, outdoor gear, a home gym, or extra storage. Spend weekends exploring local favorites, meeting friends for coffee, browsing neighborhood shops, or heading to nearby Gabriel Park. With no rental cap, this home also offers outstanding investment potential. A lender-paid rate buydown program is available, making this an even more compelling opportunity. Modern design. Prime location. Incredible value. Welcome home.
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FeaturesInteriorInterior Amenities Floor3rd EngineeredHardwood GarageDoorOpener Granite HighCeilings Laundry Skylight SlateFlooring Sprinkler TileFloor VaultedCeiling Wainscoting WalltoWallCarpet WasherDryer
Basement StorageSpace
Hot Water Gas
Window Features DoublePaneWindows VinylFrames
Total Bathrooms 2.1
Total Bedrooms 2
Total Baths 3
1/2 Baths 1
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GeneralSewer PublicSewer
Heating ForcedAir
Cooling CentralAir
Roof Flat
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
Property Subtype Attached
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 AREA
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 SecurityLights ToolShed
Parking Features Driveway
Water Source PublicWater
Total Parking 2.0
Garage Type Attached Oversized Tandem
Exterior Description CementSiding
Foundation Details Slab
Building Area Total 1410.0
Road Surface Type Paved
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* Excluded FeaturesList Byconnie.apa@eleetere.comEmail
Affordability Calculator
- Monthly Principal & Interest
- $2,526
- Monthly Property Taxes
- $586
- Monthly Home Insurance
- --
Default based on a 30-year fixed rate of 6.49% 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 NearbyTownhouse listings in Portland, OR
Average List Price $478,516
Percent of Sale Price 20%
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 |
|---|
| 7/1/2026 | $400,000 | | Listed Price |