Own in Multnomah Village for under $200,000! This bright, move-in-ready 1-bedroom condo offers an exciting opportunity to own in one of Portland’s most charming and walkable neighborhoods, just blocks from the shops, restaurants, coffee, and community of Multnomah Village, with Gabriel Park nearby.Fresh paint and new carpet throughout make this 712 square foot home feel fresh, bright, and welcoming. The smart, open floor plan lives larger than expected, with abundant natural light and plenty of thoughtful storage. The well appointed kitchen features wine storage, an eat-in bar, and a great connection to the living space. Sliding glass doors open to a covered porch that’s perfect for morning coffee, entertaining, or enjoying your own outdoor space year-round. Even better, the porch includes a walk-in storage closet, a rare and incredibly useful bonus for condo living.The generous bedroom features a walk-in closet with custom organizers, while the updated bathroom offers a stylish new vanity. A coat closet and laundry closet are conveniently located at the entry, keeping everyday essentials neatly tucked away. Your deeded parking space is located directly in front of the unit for maximum convenience.And the HOA delivers serious value, covering water, sewer, trash, and exterior maintenance, while also giving you access to the community pool and hot tub. Spend less time worrying about exterior upkeep and more time enjoying everything Multnomah Village has to offer.Under $200K, a prime Multnomah Village location, deeded parking, private outdoor space, pool + hot tub, and major utilities included in the HOA—this is an opportunity to own in one of Portland’s most desirable neighborhoods without the price tag you might expect. Come see why this condo is such a great way to make Multnomah Village your home!
Active
Price cut: $10.1K (9/17)
$199,950
7937 SW 40th Ave APT I, Portland, OR 97219
1beds
712sqft
Residential, Condominium
Built in 1990
-- sqft lot
$-- Zestimate®
$281/sqft
$652/mo HOA
What's special
Wine storagePlenty of thoughtful storageSliding glass doorsEat-in barCovered porchPrivate outdoor spaceSmart open floor plan
- 125 days
- 289
- 25
Zillow last checked:
Listing updated:
Listed by:
Mallory Kaus 503-507-6281,
Windermere Realty Trust,
Kevin Caplener 503-888-6999,
Windermere Realty Trust
Source: RMLS (OR),MLS#: 379344760
Facts & features
Interior
Bedrooms & bathrooms
- Bedrooms: 1
- Bathrooms: 1
- Full bathrooms: 1
- Main level bathrooms: 1
Rooms
- Room types: Entry, Storage, Dining Room, Family Room, Kitchen, Living Room, Primary Bedroom
Primary bedroom
- Features: Closet Organizer, Suite, Walkin Closet, Wallto Wall Carpet
- Level: Main
- Area: 132
- Dimensions: 11 x 12
Dining room
- Features: Living Room Dining Room Combo, Patio, Sliding Doors, Bamboo Floor
- Level: Main
- Area: 72
- Dimensions: 8 x 9
Kitchen
- Features: Builtin Features, Builtin Refrigerator, Dishwasher, Disposal, Eat Bar, Microwave, Bamboo Floor, Double Sinks, Free Standing Range
- Level: Main
- Area: 121
- Width: 11
Living room
- Features: Deck, Living Room Dining Room Combo, Sliding Doors, Wallto Wall Carpet
- Level: Main
- Area: 198
- Dimensions: 18 x 11
Heating
- Zoned
Appliances
- Included: Built-In Refrigerator, Dishwasher, Disposal, Microwave, Stainless Steel Appliance(s), Washer/Dryer, Free-Standing Range, Electric Water Heater
Features
- Closet, Living Room Dining Room Combo, Built-in Features, Eat Bar, Double Vanity, Closet Organizer, Suite, Walk-In Closet(s), Kitchen Island
- Flooring: Bamboo, Wall to Wall Carpet, Tile
- Doors: Sliding Doors
- Windows: Double Pane Windows, Vinyl Frames
- Common walls with other units/homes: 1 Common Wall
Interior area
- Total structure area: 712
- Total interior livable area: 712 sqft
Video & virtual tour
Property
Parking
- Parking features: Deeded, Off Street, Condo Garage (Deeded)
Features
- Stories: 1
- Entry location: Upper Floor
- Patio & porch: Covered Patio, Patio, Deck
- Has private pool: Yes
- Spa features: Association
- Has view: Yes
- View description: Trees/Woods
Lot
- Features: Cul-De-Sac, Gentle Sloping, Private, Trees
Details
- Parcel number: R582682
Construction
Type & style
- Home type: Condo
- Architectural style: Contemporary
- Property subtype: Residential, Condominium
Materials
- Cement Siding
- Foundation: Concrete Perimeter
- Roof: Composition
Condition
- Resale
- New construction: No
- Year built: 1990
Utilities & green energy
- Sewer: Public Sewer
- Water: Public
Community & HOA
Community
- Security: Security Lights
- Subdivision: Multnomah Village
HOA
- Has HOA: Yes
- Amenities included: Exterior Maintenance, Insurance, Maintenance Grounds, Management, Pool, Sewer, Spa Hot Tub, Trash, Water
- HOA fee: $652 monthly
Location
- Region: Portland
Financial & listing details
- Price per square foot: $281/sqft
- Tax assessed value: $220,810
- Annual tax amount: $3,714
- Date on market: 5/29/2026
- Listing terms: Cash,Conventional,FHA,VA Loan
- Road surface type: Concrete, Paved
Estimated market value
Not available
Estimated sales range
Not available
Not available
Price history
| Date | Event | Price |
|---|---|---|
| 9/17/2026 | Price change | $199,950-4.8%$281/sqft |
Source:  RMLS (OR) #379344760 Report a problem | ||
| 9/8/2026 | Price change | $210,000-2.3%$295/sqft |
Source: RMLS (OR) #379344760 Report a problem | ||
| 7/7/2026 | Price change | $215,000-6.5%$302/sqft |
Source: RMLS (OR) #379344760 Report a problem | ||
| 5/29/2026 | Listed for sale | $229,900+53.4%$323/sqft |
Source: RMLS (OR) #379344760 Report a problem | ||
| 9/10/2024 | Listing removed | $1,500$2/sqft |
Source: Zillow Rentals Report a problem | ||
| 8/23/2024 | Listed for rent | $1,500+7.1%$2/sqft |
Source: Zillow Rentals Report a problem | ||
| 2/26/2021 | Listing removed | -- |
Source: Owner Report a problem | ||
| 10/11/2020 | Listing removed | $1,400$2/sqft |
Source: Owner Report a problem | ||
| 9/26/2020 | Price change | $1,400-12.5%$2/sqft |
Source: Owner Report a problem | ||
| 9/21/2020 | Listed for rent | $1,600$2/sqft |
Source: Owner Report a problem | ||
| 6/11/2017 | Listing removed | $149,900$211/sqft |
Source: Keller Williams Realty Professional #17641956 Report a problem | ||
| 6/2/2017 | Listed for sale | $149,900+0.3%$211/sqft |
Source: Keller Williams Realty Profes. #17641956 Report a problem | ||
| 5/15/2016 | Listing removed | $149,500$210/sqft |
Source: Coldwell Banker SEAL #16509812 Report a problem | ||
| 5/5/2016 | Price change | $149,500-3.5%$210/sqft |
Source: Coldwell Banker SEAL #16509812 Report a problem | ||
| 4/18/2016 | Price change | $155,000-8.8%$218/sqft |
Source: Coldwell Banker SEAL #16509812 Report a problem | ||
| 4/15/2016 | Pending sale | $169,900$239/sqft |
Source: Coldwell Banker SEAL #16509812 Report a problem | ||
| 4/7/2016 | Price change | $169,900-5.6%$239/sqft |
Source: Coldwell Banker SEAL #16509812 Report a problem | ||
| 3/29/2016 | Listed for sale | $179,900+22%$253/sqft |
Source: Coldwell Banker SEAL #16509812 Report a problem | ||
| 9/8/2006 | Sold | $147,500$207/sqft |
Source: Public Record Report a problem | ||
Public tax history
| Year | Property taxes | Tax assessment |
|---|---|---|
| 2025 | $3,715 +3.7% | $137,990 +3% |
| 2024 | $3,581 +4% | $133,980 +3% |
| 2023 | $3,444 +2.2% | $130,080 +3% |
| 2022 | $3,369 +8.8% | $126,300 +3% |
| 2021 | $3,096 +1.9% | $122,630 +3% |
| 2020 | $3,039 +3.8% | $119,060 +3% |
| 2019 | $2,927 | $115,600 +3% |
| 2018 | $2,927 +3% | $112,240 +3% |
| 2017 | $2,841 +14% | $108,980 +3% |
| 2016 | $2,492 | $105,810 +3% |
| 2015 | $2,492 +11% | $102,730 +3% |
| 2014 | $2,245 +31% | $99,740 +3% |
| 2013 | $1,714 +6.3% | $96,840 +3% |
| 2012 | $1,612 -12.3% | $94,020 +3% |
| 2011 | $1,837 -4.6% | $91,290 +3% |
| 2010 | $1,926 +2.7% | $88,640 +3% |
| 2009 | $1,875 +5.9% | $86,060 +3% |
| 2008 | $1,770 +0.2% | $83,560 +3% |
| 2007 | $1,766 +75.7% | $81,130 +62.5% |
| 2006 | $1,005 | $49,930 |
Find assessor info on the county website
Monthly payment
Est. payment
Payment breakdown
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Neighborhood: Multnomah
Nearby schools
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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