7738 SW 31ST AVE, Portland, OR 97219

$579,000
3
BD
1
BA
2,390
SqFt

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List Price
$579,000
Days on Market
8
Status
ACTIVE
MLS#
548231304
Bedrooms
3
Bathrooms
1
Partial Bathrooms
2
Living Area
2,390
Lot Size
5, 000 to 6, 999 SqFt
Region
Portland NW/ SW/ S, Raleigh Hills

Property Description

Open House 8/2 Noon-2pm 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.

Additional Information

Tax Amount
$9,312
Year Built
1920
High School
Ida B Wells
Elementary School
Maplewood
Middle School
Jackson
Fireplaces Total
1
Acres
0.12
Living Area
2,390
Stories
3
Subdivision
MULTNOMAH VILLAGE
Property Type
Single Family Residence
Terms
Cash, Conventional, FHA
Accessibility Features
Natural Lighting
Master Bedroom Level
Upper
Fireplace Description
Wood Burning
Fuel Description
Gas
Heating Description
Forced Air
Hot Water Description
Gas
Exterior Description
Wood Siding
Roof Type
Composition
Sewer Description
Public Sewer
Style
2 Story, Bungalow
View
Trees/Woods
Parking
Driveway, RV Access/Parking
Parking Description
Driveway, RV Access/Parking
Road Surface
Paved
Exterior Features
Deck, Fenced, Garden, Porch, RV Parking, Yard
Interior Features
Ceiling Fan(s), Hardwood Floors, Washer/Dryer, Wood Floors
Kitchen Appliances
Dishwasher, Free-Standing Range, Free-Standing Refrigerator, Granite, Stainless Steel Appliance(s)

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Listing courtesy of MORE Realty.

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