Set in the heart of Multnomah Village, this 1925 Cape Cod blends timeless Portland character with thoughtful, modern updates. Just blocks from the Village’s coffee shops, restaurants, boutiques, parks, and everyday conveniences, the location offers neighborhood charm with effortless access to the city. Inside, original hardwood floors, coved ceilings, picture-frame molding, and a classic fireplace preserve the architectural personality of the home while creating a warm backdrop for contemporary living. The main level offers 2 bedrooms and one full bathroom. The primary suite and remodeled bath are designed for privacy and retreat on the lower level.The kitchen and pantry were remodeled in April 2022, bringing updated functionality while complementing the home’s enduring character. Major improvements have also been addressed: a new 200-amp electrical service was installed and knob-and-tube wiring removed in May 2015; the driveway was paved and backyard concrete patio added in August 2021; and the roof and fiber-cement exterior siding were replaced in November 2025. A new AC and furnace, installed in October 2025, provide year-round comfort. The lower-level bathroom was remodeled in April 2026, further enhancing the home’s flexibility.The outdoor space is equally compelling. A fully fenced, expansive backyard creates room to garden, gather, play, or simply enjoy the quiet of this established neighborhood. A gazebo-covered patio extends living space outdoors, while a custom BBQ cover sets the stage for relaxed entertaining. The lower level features a separate entrance and living potential, offering options for multi-generational living, guests, a home office, or future flexibility, subject to buyer verification and applicable requirements. With classic Cape Cod architecture, meaningful recent improvements, generous outdoor space, and an enviable proximity to the Village, this is a character-rich home designed to evolve gracefully with the way you live.
Single-familyProperty Type
1925Year Built
10,018 sq ftLot Size
$320Price/Sq.Ft.
Listed by Kevin Smallbeck• RE/MAX Equity Group
Listed by Michael Shelangoski• RE/MAX Equity Group
Est. $2,921 per month, based on comparable rentals
Sale and tax history for 2406 SW Troy St
Sale History
Tax History
Date
Event
Price
RMLS #184245484
Oct 8, 2026
Sold
$625,000
$320/sq ft
Aug 31, 2026
Pending
—
Aug 28, 2026
Listed
$625,000
$320/sq ft
RMLS #15614787
Apr 30, 2015
Sold
$365,000
$187/sq ft
Apr 1, 2015
Pending
—
Mar 29, 2015
Price Changed
$379,950
$195/sq ft
Mar 21, 2015
Listed
$399,950
$205/sq ft
First time on the market in over 50 years! Charming bungalow in coveted Multnomah Village. Abundant newer windows let in lots of light. Newly refinished hardwood floors on main level. Updated kitchen and main bathroom. Basement has finished full bathroom & laundry room plus 700 sq. ft. with good ceiling height to finish as you wish or use for bonus space/storage. Huge fenced lot with garden, tool shed & room for a garage/shop.
Year
Property tax
Land + Additions
Assessment*
2025
$7,100 (+3.7%)
2024
$6,845 (+4.0%)
2023
$6,582 (+2.2%)
2022
$6,439 (+1.7%)
2021
$6,330 (+9.0%)
2020
$5,807 (+3.8%)
2019
$5,593 (+3.0%)
2018
$5,429 (+4.3%)
2017
$5,203 (+9.3%)
2016
$4,761 (+2.7%)
2015
$4,636 (+1.5%)
2014
$4,567 (+2.9%)
2013
$4,437 (+15.1%)
2012
$3,856 (−0.7%)
2011
$3,883 (+5.5%)
2010
$3,679 (+2.7%)
2009
$3,582
Public record
Public record
Zoning
Permits
Beds
4
Baths
2
Stories
1
Lot width
—
Lot depth
—
Lot size
10,050 Sq. Ft.
Year renovated
1925
Sq. Ft.
1,252
Year built
1925
Style
Single Family Residential
County
Multnomah County
APN
R330098
Parking Spaces
—
Basement
—
Accessible
—
HOA Dues
—
Garage
—
Features
—
Last updated by owner on Oct 15, 2026.
R7
Residential 7,000 zone
The single-dwelling zones are intended to preserve land for housing and to provide housing opportunities for individual households. The zones implement the comprehensive plan policies and designations for single-dwelling housing and provide options for infill housing that is compatible with the scale of the single-dwelling neighborhood.
Permitted uses
Include but are not limited to:
Housing
Dec 7, 2015 • Final
Plumbing
Remove and replace a water heater.
Plumbing
Water heater
Dec 7, 2015 • Final
Electrical
Electrical
Plumbing
Water heater
Permit history is from public records and may be incomplete or inaccurate. Redfin and its agents make no representations about the property condition or permit status. Buyers should independently verify all information.