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$400,000 Just Listed

  • For Sale
  • Active
  • Townhouse
  • 2 Beds
  • 2 Full Baths
  • 1 Partial Bath
  • 1,410 Sq. Ft.
  • Updated 5 days ago
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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.

Full Property Details for 7940 SW 31st Ave

General

  • Price: $400,000
  • HOA FEE: $565/month
  • Taxes: $7,035 (2025)
  • Status: Active
  • Type: Townhouse
  • Source: RWMLS
  • MLS ID: 473558865
  • Updated: 7/1/2026
  • Added to Site: 6 day(s) ago

Interior

  • Interior Features: 3rd Floor, Engineered Hardwood, Garage Door Opener, Granite, High Ceilings, Laundry, Skylight(s), Slate Flooring, Sprinkler, Tile Floor, Vaulted Ceiling(s), Wainscoting, Wall to Wall Carpet, Washer/Dryer
  • Appliances: Built-in Range, Dishwasher, Disposal, Free-Standing Refrigerator, Gas Appliances, Granite, Microwave, Stainless Steel Appliance(s)

Rooms

Bathrooms

  • Total Bathrooms: 3
  • Full Bathrooms: 2
  • Partial Bathrooms: 1
  • Upper - Full Baths: 2

Bedrooms

  • Total Bedrooms: 2
  • Primary Bedroom: 14 x 13, Upper, 182 Sq. Ft.
  • Bedroom 2: 14 x 12, Upper, 168 Sq. Ft.

Other Rooms

  • Living Room: 14 x 9, Main, 126 Sq. Ft.
  • Kitchen: 10 x 10, Main, 100 Sq. Ft.
  • Dining Room: 14 x 14, Main, 196 Sq. Ft.
  • Laundry: Upper

Additional Information

  • Shared Amenities: All Landscaping, Commons, Exterior Maintenance, Maintenance Grounds, Management, Sewer, Water

Exterior

  • Exterior Features: Deck, Security Lights, Tool Shed

Parking

  • Garage: Yes
  • Attached garage: Yes
  • Total Spaces: 2
  • Parking Features: Driveway

Location

  • County: Multnomah
  • Subdivision: MULTNOMAH VILLAGE AREA
  • Driving Directions: Multnomah Blvd or Capitol Hwy to 31st

School Information

  • Elementary School: Maplewood
  • Middle School: Jackson
  • High School: Ida B Wells

Community

  • Community Name: 148 - Portland NW/ SW/ S, Raleigh Hills
  • Association: Yes

Heating & Cooling

  • Central air: Yes
  • Air Conditioning: Yes
  • Cooling Type: Central Air
  • Heating Type: Forced Air
  • Heating Fuel: Electricity, Gas

Utilities

  • Sewer: Public Sewer
  • Water: Public Water

Structural Information

  • Architectural Style: Modern, Townhouse
  • Basement Desc.: Storage Space
  • Roof: Flat
  • Windows: Double Pane Windows, Vinyl Frames
  • Stories/Levels: 3
  • Square Feet: 1,410
  • Year Built: 2008
  • Property Condition: Resale

Lot Features

  • Lot Size: 0K to 2, 999 SqFt
  • Frontage: Paved

Financial Considerations

  • Association Fee: $565
  • Assoc Fee Freq.: Monthly
  • Tax Amount: $7,035.82
  • Tax Year: 2025
  • Terms: Cash, Conventional, VA Loan

Disclosures and Reports

  • Legal Description: VILLAGE LOFTS AT MULTNOMAH CONDOMINIUM, LOT 2
  • Disclosures/Reports: Disclosure
  • Property ID: R620918

Listed by ELEETE Real Estate (503) 292-1500, Connie Apa (503) 805-7474 and ELEETE Real Estate (503) 292-1500, Jonathan Ziegler (971) 346-0252

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Listing agents

— 7940 SW 31st Ave —

  • Connie Apa

    ELEETE Real Estate

    503-292-1500

  • Jonathan Ziegler

    ELEETE Real Estate

    503-292-1500

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NMLS#: 1598647

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Save up to an additional 20% by bundling your home and auto together!

Be ready to buy your new home!

with our affiliated lender
NMLS#: 1598647

Get Pre-Approved

Find the right home insurance for your new home!

with our affiliated in-house agency

Request a Quote

Save up to an additional 20% by bundling your home and auto together!

Schools serving 7940 SW 31st Ave

School District:Portland School District 1j
NameGradesDistance
Maplewood Elementary School, Portland, OR
7452 Southwest 52nd Avenue, Portland, OR 97219
K-51.1 mi
Jackson Middle School
10625 Southwest 35th Avenue, Portland, OR 97219
6-81.3 mi
Ida B. Wells-Barnett High School
1151 Southwest Vermont Street, Portland, OR 97219
9-121.2 mi
Disclaimer: School attendance boundaries provided by ATTOM Data Solutions and are for reference only. Contact the school directly to verify enrollment eligibility.

Price & Sales History for 7940 SW 31st Ave Get Price Alerts and Save Property

Date
Details
Price
Change
Source
7/01/2026
Listed
$400,000
59.36%
MLS
4/15/2013
Sold
$251,000
—
Public Record
Get Price Alerts and Save Property
Disclaimer: Historical sales information is derived from public records provided by the county offices. Information is not guaranteed and should be independently verified.

Tax History for 7940 SW 31st Ave

Year
Property Taxes
Change
Tax Assessment
Change
2025
$7,036
4%
$261,360
3%
2024
$6,783
4%
$253,750
3%
2023
$6,522
11%
$246,360
6%
2021
$5,857
-8%
$232,230
-3%
2022
$6,381
9%
$239,190
6%
2021
$5,857
6%
$225,470
3%
2019
$5,543
3%
$218,910
3%
2018
$5,380
4%
$212,540
3%
2017
$5,156
9%
$206,350
3%
2016
$4,718
4%
$200,340
3%
2015
$4,521
16%
$194,510
3%
2014
$3,890
13%
$188,850
3%
2013
$3,429
—
$183,350
—
View All
Disclaimer: Historical tax information is derived from public records provided by the county offices. Information is not guaranteed and should be independently verified.

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Listed by ELEETE Real Estate (503) 292-1500, Connie Apa (503) 805-7474 and ELEETE Real Estate (503) 292-1500, Jonathan Ziegler (971) 346-0252

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7940 SW 31st Ave, Portland, OR 97219 (MLS# 473558865) is a Townhouse property with 2 bedrooms, 2 full bathrooms and 1 partial bathroom. 7940 SW 31st Ave is currently listed for $400,000 and was received on July 01, 2026. Want to learn more about 7940 SW 31st Ave? Do you have questions about finding other Townhouse real estate for sale in Southwest Portland? You can browse all Southwest Portland real estate or contact a Coldwell Banker agent to request more information.

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