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About the Listing RGIC05 - KINGALEX,SCHUGREU
Charming 1920s home in the heart of Multnomah Village, blending timeless character with thoughtful updates and flexible living potential. Zoned RM2, this property offers opportunity for residential, investment, or live/work use, with a history of both private residence and home-based business.Filled with natural light, the home features hardwood floors throughout (oak on main, fir upstairs), original woodwork, and classic built-ins. The spacious layout includes 3 bedrooms—two oversized—plus a dedicated office or art space. The primary suite offers a walk-in closet, and a butler's pantry adds everyday convenience.Recent updates include: new interior paint (2026), new chimney (2026), sewer line replacement (2025), newer furnace and ductless system, updated kitchen appliances and an EV charger. Oil tank has been decommissioned.The home also has a strong short-term rental history, professionally managed and marketed across multiple platforms.A separate basement entrance opens the door to ADU, multi-generational living potential, or a spacious garden level workshop. Enjoy a large, private backyard, attic storage, and excellent walkability just moments from shops, dining, and the Multnomah Arts Center. A rare opportunity to own a versatile and character-rich property in one of Portland’s most beloved neighborhoods, just steps away from Multnomah Village.
Listing Highlights
Status
Active
Days on Site
14
Property Type
Residential
MLS ®
643309575
Year Built
1920
Total Square Footage
2,390
Lot/Acreage
0.12
County
Multnomah
Neighborhood
Multnomah
Elementary School
Maplewood
Middle School
Jackson
High School
Ida B Wells
Interior Details
- Bedrooms: 3
- Bathrooms: 1 Full / 2 Half
- Appliances: Dishwasher, Free-Standing Range, Free-Standing Refrigerator, Granite, Stainless Steel Appliance(s)
- Air Cond:
- Heating: Forced Air
- Fireplaces: 1, Wood Burning
- Floor:
- Above Ground Sq Ft:
- Below Ground Sq Ft: n/a
- Basement: Partially Finished
- Other: Ceiling Fan(s),Hardwood Floors,Washer/Dryer,Wood Floors
- Water: Public Water
Exterior Details
- Lot Description: Level
- Garage Capacity: N/A
- Parking Spaces: 0
- Zoning: RM2
- Roof: Composition
- Others: Deck,Fenced,Garden,Porch,Yard,Resale
- Sewer: Public Sewer
- Parking Features: Driveway,EVReady
Financial Details
- Tax Amount: $9,312
- Taxes w/Assessments: N/A
- Tax/Property ID: R263268
- Tax Year: N/A
Payment Calculator
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Questions About..
7738 SW 31st Ave Portland, OR 97219
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