7738 Sw 31ST Ave, Portland, OR 97219

• 3 beds |
• 3 baths |
• 2,390 sqft

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.

Listing Status:

Active

Date Added:

July 24, 2026

Data Last Updated:

August 6, 2026 at 4:41PM

Listing Office:

MORE Realty : 503-353-6673

Listing Agent:

Mychelle Strouhal : 503-459-1963

MLS ID:

548231304

Interior

• General: Ceiling fanHardwood floorsWasher dryerWood floors
• Appliances: DishwasherFree standing rangeFree standing refrigeratorGraniteStainless steel appliance
• Basement: Partially finished
• Heating: Forced air
• Fireplace: Wood burningFireplaceFireplaces: 1
• Disability Feature: Natural lighting

Exterior

• General: Wood sidingDeckFencedGardenPorchRv parkingYard
• Style: Stories 2Bungalow
• Parking: DrivewayRv access parkingParking spaces: 0

Construction

• Roofing: Composition
• Windows: StormWindow
• General: Concrete perimeter

Location

• Road/Access: Paved
• Originating MLS: Regional Multiple Listing ServiceInc.
• County: Multnomah

Lot

• Zoning: RM2RYAN PLBLOCK 1S 57' OF W 88' OF LOT 2R263268
• View: View

Utilities

• Water: Public water
• Sewer: Public sewer

Financial

• Source: Regional Multiple Listing ServiceInc.