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  • $3,184,300

    7574 SW 31st Ave, Portland, OR 97219

    14beds
    6,760sqft
    : 
    $24,491/mo
    Get pre-qualified
    Multi Family
    Built in 2026
    -- sqft lot
    $-- Zestimate®
    $471/sqft
    $-- HOA

    What's special

    Two bedroomsConveniently located laundry
    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.
    22 days
    22
    2

    Zillow last checked:

    Listing updated:

    Listed by:

    Darryl Bodle 503-709-4632,

    Keller Williams Realty Portland Premiere,

    Kelly Christian 908-328-1873,

    Keller Williams Realty Portland Premiere

    Source: RMLS (OR),MLS#: 460796463MLS Logo

      Facts & features

      Interior

      Bedrooms & bathrooms
      • Bedrooms: 14
      • Bathrooms: 21
      • Full bathrooms: 14
      • Partial bathrooms: 7
      Heating
      • Heat Pump, Mini Split
      Cooling
      • Heat Pump, Air Conditioning
      Appliances
      • Included: Dishwasher, Range, Electric Water Heater, Tank Water Heater
      • Laundry: Washer Dryer Hookup
      Features
      • Basement: Crawl Space
      Interior area
      • Total structure area: 6,760
      • Total interior livable area: 6,760 sqft

      Property

      Parking
      • Parking features: None
      Features
      • Stories: 2
      • Has view: Yes
      • View description: Trees/Woods
      Lot
      • Size: 6,098 Square Feet
      • Features: Level, SqFt 5000 to 6999
      Details
      • Parcel number: New Construction
      • Zoning: CM1

      Construction

      Type & style
      • Home type: MultiFamily
      • Property subtype: Multi Family
      Materials
      • Cement Siding, Lap Siding
      • Foundation: Concrete Perimeter, Stem Wall
      • Roof: Composition
      Condition
      • New Construction
      • Year built: 2026

      Utilities & green energy

      • Sewer: Public Sewer
      • Water: Public

      Community & HOA

      Community
      • Security: Sidewalk
      • Subdivision: Multnomah Village
      Location
      • Region: Portland

      Financial & listing details

      • Price per square foot: $471/sqft
      • Date on market: 8/19/2026
      • Listing terms: Cash,Conventional
      • Total actual rent: 17200
      • Road surface type: Paved

        Estimated market value

        Not available

        Estimated sales range

        Not available

        Not available

        Price history

        DateEventPrice
        9/4/2026Listed for sale$3,184,300$471/sqft
        Source: RMLS (OR) #460796463 Report a problem

        Public tax history

        Tax history is unavailable.

        Monthly payment

        Est. payment

        Payment breakdown

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        All calculations are estimates and provided by Zillow, Inc. for informational purposes only. Actual amounts may vary.
        HOA fees may include property taxes on listings classified as Co-Ops. Contact the listing agent and/or owner for fee details.
        See how much you could borrow to make a competitive offer.

        Climate risks

        Neighborhood: Multnomah

        Getting around

        83 / 100
        Very Walkable
        42 / 100
        Some Transit
        74 / 100
        Very Bikeable

        Nearby schools

        GreatSchools rating
        Schools provided by the listing agent
        • Elementary: Maplewood
        • Middle: Jackson
        • High: Ida B Wells

        Source: RMLS (OR). This data may not be complete. We recommend contacting the local school district to confirm school assignments for this home.

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