Eugene Pahomsky

7738 Sw 31st Ave

Portland, OR
$ 550,000 Beds 3 Baths 2 Sq 2,390
Monthly Estimate* How much can I afford?

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 and location in one remarkable package.

Active

  • Price
  • $ 550,000
  • City
  • Portland
  • Bedrooms
  • 3
  • Full Bathrooms
  • 1
  • County
  • MULTNOMAH
  • Half Bathrooms
  • 2
  • Area
  • 148
  • Lot Size
  • 0.12 Acres
  • Zip
  • 97219
  • Sqr Footage
  • 2,390
  • Year Built
  • 1920
  • Taxes
  • $ 9312
  • Style
  • Stories2,Bungalow
  • MLS#
  • 548231304
Listed By: MORE Realty - 503-459-1963
Data Source: Regional Multiple Listing Service (RMLSOR)

Features

General

Sewer PublicSewer
Heating ForcedAir
Roof Composition
Appliances Dishwasher,FreeStandingRange,FreeStandingRefrigerator,Granite,StainlessSteelAppliance
Zoning RM2
Architectural Style Stories2,Bungalow
Year Built 1920
Stories Count 3
Property Subtype SingleFamilyResidence
Tax Year 2025
Parcel Number R263268
Accessibility NaturalLighting
County Multnomah
Property Type Residential
HOA No
Subdivision Name MULTNOMAH VILLAGE
Full Baths 1
Status Active
Directions SW Multnomah Blvd & SW 31st Ave
High School Ida B Wells
City Portland
Disclosures Disclosure
MLS Area _148
Lot Size Square Feet 5227.0
Listing Terms Cash,Conventional,FHA
Elementary School Maplewood
Tax Annual Amount 9312.42
Middle/Junior High School Jackson
Property Condition Approximately
Standard Status Active
Accessory Dwelling Unit Y/N No
ViewDescription TreesWoods
Legal Description RYAN PL,BLOCK 1,S 57' OF W 88' OF LOT 2
AttributionContact 503-459-1963
SeniorCommunityYn False
ADU False

Interior Features

Interior Amenities CeilingFan,HardwoodFloors,WasherDryer,WoodFloors
Basement PartiallyFinished
Total Fireplaces 1
Fireplace Features WoodBurning
Hot Water Gas
Window Features StormWindow
Total Bathrooms 1.2
FuelDescription Gas
Total Bedrooms 3
Total Baths 3
1/2 Baths 2

Exterior Features

Exterior Amenities Deck,Fenced,Garden,Porch,RVParking,Yard
Parking Features Driveway,RVAccessParking
Lot Features Level,OnBusline,Private,Trees
Water Source PublicWater
Exterior Description WoodSiding
Foundation Details ConcretePerimeter
Building Area Total 2390.0
Lot Size Acres 0.12
Road Surface Type Paved

Amenities

  • Foreclosure
  • Views
  • Short Sale
  • New Construction
  • Adult 55+
  • Lease To Own
  • No HOA Fees
  • Furnished
  • Primary On Main
  • Air Conditioning
  • Seller Finance
  • Green
  • Fixer Upper
  • Horse
  • Golf
  • Fireplace
  • Deck
  • Garage
  • Basement
  • Pool

Affordability Calculator

$3,786

Per Month

Based on the average sale price from the Hillsboro, OR office

  • Monthly Principal & interest $2,658
  • Monthly Property Taxes $1,062
  • Monthly Home Insurance $67
Adjust Payment Options
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Let's determine your purchasing power. Working with my mortgage partner, you'll have the information you need to shop for a home with confidence.

Default based on a 30-year fixed rate of 6.49% with 20% down. The estimated payment is offered for convenience and is not an offer of credit. Due to market fluctuations, interest rates are subject to change at any time and without notice. Your individual rate may vary. Rates may differ for FHA, VA, or jumbo loans.

Mortgage calculator provided courtesy of Inside Real Estate.

Schools

Elementary School Maplewood Elementary School
Middle School Jackson Middle School
High School Ida B Wells High School

Price History

8/2/2026 Listed $579,000
8/12/2026 1% - $575,000
9/12/2026 2% - $565,000
9/15/2026 3% - $550,000

Property vs Zip Code Average in 97219

Price
AVG $1.02M
$550K
Taxes
AVG $12,864
$9,312
Year Built
AVG 1973
1920
Visits
AVG 133
65
Data Provided by Inside Real Estate®

In The Neighborhood

Areas That We Cover

7738 Sw 31st Ave Portland, OR is a Single Family Home for sale at $550000 with 2390 sqft and a lot size of 0.12 Acres Acre(s). 7738 Sw 31st Ave Portland has 3 bedrooms, 1 baths and was built in 1920. The property's zip code is 97219 which is in Portland, OR

*Information deemed reliable but not guaranteed.

Financial calculator disclaimer: Default based on a 30-year fixed rate of 6.49% with 20% down. The estimated payment is offered for convenience and is not an offer of credit. Due to market fluctuations, interest rates are subject to change at any time and without notice. Your individual rate may vary. Rates may differ for FHA, VA or jumbo loans.

Mortgage calculator provided courtesy of Inside Real Estate.

All information deemed reliable, but not guaranteed, and should be independently verified. The real estate information and related content displayed on this site is provided for consumers personal, non-commercial use and may not be used for any purpose other than to identify prospective properties consumers may be interested in purchasing.

Eugene Pahomsky

Eugene Pahomsky

971-297-3357

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