Listing provided courtesy of Windermere Realty TrustMLS# 643309575MLS ProviderContact Information: [email protected]
  • 88 days on site
  • 1 views

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.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.

Source: Regional MLS, MLS#: 643309575

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  • Property Type
    Residential
  • Lot
    0.12 acres

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SHAUNA STROUP

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  • Median Age
    41
  • Population Density
    3,599
  • College Educated
    73%
  • Estimated Median Income
    $104,392
  • Estimated Total Home Owners
    12,811
  • Estimated Total Renters
    4,883
  • Owner / Renter Divide
    72% / 28%
  • Estimated Average Household Size
    2
  • Total Population
    43,274
  • Community data courtesy of LiveBy, Inc.

Owning this Home

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* All calculations are estimates and provided by Reliance Network, for informational purposes only. Actual amounts may vary. ** Assumes 6.50% APR, 20% down payment, and conventional 30-year fixed rate first mortgage. Rates cited are for instructional purposes only; current rates are subject to change at any time without notice. You should not make any decisions based simply on the information provided. Additional required amounts such as taxes, insurance, homeowner association dues, assessments, mortgage insurance premiums, flood insurance or other such required payments should also be considered. Contact your mortgage company for current rates and additional information. Any mortgage broker or insurance agent that may appear is independent and is not affiliated with, endorsed by, or provided by the MLS.

Life at 7738 SW 31ST AVE


Schools


School data courtesy of LiveBy, Inc.
Ratings are based on a scale of 1-5, with 5 being the highest rating and 1 being the lowest rating. The schools displayed on this website are for informational purposes only and may not represent a complete or up-to-date list. School assignments are subject to change and should be verified directly with the local school district. Please contact the appropriate school district to confirm school zoning and enrollment eligibility for this property.

History

Date Event Value Agent
6/23/2026Source: Regional MLS Price Reduction
$585,000 -2.3%
6/3/2026Source: Regional MLS Status Change
Active
5/27/2026Source: Regional MLS Status Change
Pending
5/17/2026Source: Regional MLS Price Reduction
$599,000 -4.2%
4/29/2026Source: Regional MLS Price Reduction
$625,000 -3.7%
4/2/2026Source: Regional MLS Added to Database
April 02, 2026