7574 SW 31st AVE Portland, OR 97219
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Price:
$3,184,300
Units:
6
Acres:
0.14
Unit 1:
2 Bed 2.1 Bath $2,575/mo
Features: Air Conditioning, Dishwasher, Range, Washer/Dryer Hookup
Unit 2:
2 Bed 2.1 Bath $2,425/mo
Features: Air Conditioning, Dishwasher, Range, Washer/Dryer Hookup
Unit 3:
2 Bed 2.1 Bath $2,425/mo
Features: Air Conditioning, Dishwasher, Range, Washer/Dryer Hookup
Unit 4:
2 Bed 2.1 Bath $2,450/mo
Features: Air Conditioning, Dishwasher, Range, Washer/Dryer Hookup
Unit 5:
2 Bed 2.1 Bath $2,350/mo
Features: Air Conditioning, Dishwasher, Range, Washer/Dryer Hookup
Unit 6:
2 Bed 2.1 Bath $2,425/mo
Features: Air Conditioning, Dishwasher, Range, Washer/Dryer Hookup
MLS#:
460796463
Lot Size:
5,000 to 6,999 SqFt
Type:
Multi
Zone:
CM1
Yr Built:
2026
Taxe/yr:
$0.00
County:
Multnomah
Status:
Active
Levels:
2
Heat:
Heat Pump, Mini Split
Nhood/Bldg:
MULTNOMAH VILLAGE
View:
Trees/Woods
Elem:
Maplewood
Middle:
Jackson
High:
Ida B Wells
Lot Desc:
Level, Public Road
Area:
Portland NW/ SW/ S, Raleigh Hills
Courtesy of:
Keller Williams Realty Portland Premiere
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.
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