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Price reducedOpen · Sat, Oct 24Active (ACT)Multi FamilyMultnomah County

7574 SW 31st Ave

Portland, OR 97219

$2,994,300

Sqft
6,760
Price / sqft
$443
Lot
0.14 ac
Built
2026

66 days on market

This house is listed as active on RMLS. Confirm it is still available before you tour.

Open house

Oct 24, 2026 · 8:00 PM – 10:00 PM

The Team Burke take

This address is for sale in Portland, OR 97219. 6,760 sqft, 0.14 ac, Built 2026. Team Burke prices the house, not the city.

Elementary: Maplewood; Middle: Jackson; High: Ida B Wells. Those names come from the listing. They are not a guarantee of attendance.

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The listing remarks

Positioned just outside the heart of Multnomah Village, this newly built 7 unit investment opportunity pairs efficient modern construction with one of Southwest Portland’s most established neighborhood settings. The property is configured as a fourplex and triplex and offers seven 2 bedroom, 2½ bathroom residences totaling approximately 6,760 square feet. Each home features a thoughtfully designed two story floor plan with an open main level connecting the kitchen, dining area, and living room, plus a private patio that extends usable living space outdoors. Upstairs, each residence includes two bedrooms, two full bathrooms, and conveniently located laundry, while energy efficient mini splits provide year round heating and cooling. The consistent unit mix supports straightforward management, while the mix of end and interior units creates natural differentiation across the property. An exceptional 83 Walk Score strengthens long term tenant appeal, with Multnomah Arts Center, Village Coffee, Fat City Cafe, Annie Bloom’s Books, Grand Central Bakery, and the broader collection of shops, dining, services, and neighborhood amenities of Multnomah Village all nearby. The location also provides convenient access to major Southwest Portland transportation corridors and employment centers while retaining the walkability and neighborhood character that continue to attract residents to this area. New construction gives investors the benefit of modern systems, efficient layouts, and reduced near term capital expenditure compared with older multifamily inventory. Every detail reflects the vision of a multi-year Street of Dreams builder, blending elevated design with everyday livability and backing every home with an exceptional warranty. This is how your investment was meant to be.

Listing snapshot

Type
Multi Family
Status
Active (ACT)
Year built
2026
Lot
0.14 ac
Stories
2
Water
Public Water
Sewer
Public Sewer
Heat
Heat Pump,Mini Split
Cooling
Heat Pump,Mini Split
Roof
Composition
Terms
Cash,Conventional
Price / sqft
$443
Property tax
$0
County
Multnomah
Subdivision
MULTNOMAH VILLAGE
Zoning
CM1
Condition
New Construction
MLS®
460796463

Price history

Original listAug 19, 2026
$3,184,300
Previous list
$3,094,300
Current listOct 24, 2026
$2,994,300

Heating & cooling

  • Heat Pump,Mini Split
  • Heat Pump,Mini Split

Basement

  • Crawl Space

Construction

  • Concrete Perimeter,Stem Wall
  • Composition

Lot & view

  • Level,Public Road

Utilities

  • Public Water
  • Public Sewer
  • Paved

Security

  • Sidewalk

On the map

7574 SW 31st AVE, Portland, OR 97219

Satellite map of 7574 SW 31st AVE, Portland, OR 97219

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Schools on the listing

These school names come from the RMLS listing. They are not a guarantee of attendance. Confirm the address with the district.

  • Elementary

    Maplewood

  • Middle

    Jackson

  • High

    Ida B Wells

Listing courtesy of Darryl Bodle and Kelly Christian, Keller Williams Realty Portland Premiere · 503-709-4632 · RMLS

RMLS

Listing courtesy of Darryl Bodle and Kelly Christian, Keller Williams Realty Portland Premiere · 503-709-4632. IDX information is provided exclusively for consumers' personal, non-commercial use, that it may not be used for any purpose other than to identify prospective properties consumers may be interested in purchasing, and that the data is deemed reliable but is not guaranteed accurate by RMLS. The content relating to real estate for sale on this web site comes in part from the IDX program of the RMLS of Portland, Oregon. Real estate listings held by brokerage firms other than Triple Oaks Realty are marked with the RMLS logo, and detailed information about these properties includes the names of the listing brokers. Listing content is copyright © 2026 RMLS, Portland, Oregon. All information provided is deemed reliable but is not guaranteed and should be independently verified.

This content last updated on Oct 24, 2026, 7:12 AM. Some properties which appear for sale on this web site may subsequently have sold or may no longer be available. Provided by Triple Oaks Realty.

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