7574 Sw 31st Ave, Portland, OR

$3,184,300

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6,760

Square feet

0.14

Acres

About 7574 Sw 31st Ave

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.

Features of 7574 Sw 31st Ave

MLS® # 460796463
Price $3,184,300
Bathrooms 0.00
Square Footage 6,760
Acres 0.14
Year Built 2026
Type Multi Family
Status Active

Community Information

Address 7574 Sw 31st Ave
Area 148 - Portland NW/ SW/ S, Raleigh Hills
Subdivision MULTNOMAH VILLAGE
City Portland
County Multnomah
State OR
Zip Code 97219

Amenities

Parking None
View Trees/Woods
Is Waterfront No
Has Pool No

Interior

Heating Heat Pump, Mini Split
Cooling Heat Pump, Mini Split
Fireplace No
# of Stories 2
Basement Crawl Space

Exterior

Exterior Cement Siding, Lap Siding
Lot Description Level, Public Road
Roof Composition
Foundation Concrete Perimeter, Stem Wall

School Information

Elementary Maplewood
Middle Jackson
High Ida B Wells

Additional Information

Date Listed August 19th, 2026
Days on Market 32
Zoning CM1
Short Sale No
RE / Bank Owned No

Listing Details

OfficeKeller Williams Realty Portland Premiere
Contact Info503-709-4632

Listing Map

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