Set in the heart of sought-after Multnomah Village, this storybook farmhouse delivers classic charm and modern updates that make it feel like home from the very first step. A white picket fence frames the front yard, leading to a covered porch perfect for leisurely mornings with coffee or serene evenings watching the sunset. Inside, natural light fills the home, highlighting a layout designed for both comfort and connection. The living room centers around a striking gas fireplace, a focal point that sets the tone for cozy gatherings or quiet nights in. The open floor plan flows effortlessly into the dining area and kitchen, where style meets function. Expansive counters, a gas stove, custom cabinetry and a breakfast nook that complements the home’s character make this space ideal for everyday meals or entertaining. Thoughtful details throughout the main level combine warmth and practicality. Upstairs, the primary suite is a private retreat. Vaulted ceilings create an airy, tranquil atmosphere, while a generous walk-in closet and spa-inspired ensuite, complete with a jetted tub, walk-in shower, double sinks, and private balcony, offer a luxurious escape. Two additional bedrooms provide flexibility for guests, a home office, or play, including one with a built-in loft bed. A newer HVAC system ensures comfort year-round. Step outside to an expansive porch, extending your living space into a lush oasis. A cascading water feature and functional waterwheel bring a touch of whimsy, while mature landscaping, a flourishing apple tree, and chicken coop provide a serene retreat. Just beyond your front door, adventure and community await. Hike tree-lined trails, stroll through the charming shops and eateries that make the Village so special, or visit nearby Gabriel Park with 90 acres of green space, trails, and recreational amenities. All of this - just six miles from downtown Portland- where small-town character blends w/ effortless living and the city at your fingertips. [Home Energy Score = 9. HES Report at https://rpt.greenbuildingregistry.com/hes/OR10238612]
Jon Sanford • Berkshire Hathaway HomeServices NW Real Estate
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Provided by Redfin
Sale history for 7040 SW 31st Ave
Date
Event
Price
RMLS #780553888
Dec 12, 2025
Sold
$685,000
$364/sq ft
Nov 18, 2025
Pending
—
Nov 13, 2025
Listed
$649,000
$344/sq ft
RMLS #787877873
Jul 9, 2025
Sold
$665,000
$353/sq ft
Jun 5, 2025
Pending
—
May 29, 2025
Listed
$650,000
$345/sq ft
+41
Offer received. Offers due at noon, 6/5. Welcome to your storybook retreat in the heart of Multnomah Village, Portland! This beautifully remodeled farmhouse blends timeless charm with modern comfort, wrapped in the warmth of a classic white picket fence. With 3 bedrooms and 2 full baths, this inviting home offers a perfect blend of cozy living and thoughtful updates—including a brand-new HVAC system for year-round comfort.Step onto the welcoming, expansive porches and instantly feel at ease—whether you're sipping coffee at sunrise or enjoying evening breezes with friends. Inside, the charming kitchen is the heart of the home, filled with character and perfect for crafting everything from everyday meals to festive gatherings.Outside, delight in the tranquil sounds of a bubbling water feature complete with a picturesque waterwheel, adding a touch of whimsy to the serene landscape. And what’s a farmhouse without its feathered residents? This property includes a chicken coop and three friendly hens, ready to supply your fresh morning eggs.Ideally located just minutes from the vibrant shops and eateries of Multnomah Village, this one-of-a-kind home invites you to live your farmhouse dream—modern comforts, rustic charm, and a lifestyle you’ll love. Looking for the perfect multigenerational or minicompound, check out the neighboring property MLS#637813613. [Home Energy Score = 9. HES Report at https://rpt.greenbuildingregistry.com/hes/OR10238612]
Public Records
May 25, 2007
Sold
$235,000
$125/sq ft
Public Records
May 3, 1995
Sold
$100,000
$53/sq ft
Public Records
Apr 1, 1987
Sold
$39,500
$21/sq ft
Year
Property tax
Land + Additions
Assessment*
2025
$8,086 (+3.7%)
2024
$7,796 (+4.0%)
2023
$7,496 (+2.2%)
2022
$7,334 (+1.7%)
2021
$7,210 (+9.0%)
2020
$6,614 (+3.8%)
2019
$6,371 (+3.0%)
2018
$6,184 (+4.3%)
2017
$5,926 (+9.3%)
2016
$5,423 (+2.7%)
2015
$5,281 (+1.5%)
2014
$5,201 (+2.4%)
2013
$5,081 (+13.4%)
2012
$4,479 (+1.3%)
2011
$4,423 (+5.5%)
2010
$4,191 (+2.7%)
2009
$4,080
Tax history for 7040 SW 31st Ave
Year
Property tax
Land + Additions
Assessment*
2025
$8,086 (+3.7%)
2024
$7,796 (+4.0%)
2023
$7,496 (+2.2%)
2022
$7,334 (+1.7%)
2021
$7,210 (+9.0%)
2020
$6,614 (+3.8%)
2019
$6,371 (+3.0%)
2018
$6,184 (+4.3%)
2017
$5,926 (+9.3%)
2016
$5,423 (+2.7%)
2015
$5,281 (+1.5%)
2014
$5,201 (+2.4%)
2013
$5,081 (+13.4%)
2012
$4,479 (+1.3%)
2011
$4,423 (+5.5%)
2010
$4,191 (+2.7%)
2009
$4,080
*Taxable value of land and structures on it ("additions") is determined regularly by local assessors and does not affect market price.
Public record
Public record
Zoning
Permits
Beds
2
Baths
2
Stories
2
Lot width
—
Lot depth
—
Lot size
5,526 Sq. Ft.
Year renovated
1944
Sq. Ft.
1,884
Year built
1944
Style
Single Family Residential
County
Multnomah County
APN
R202234
Parking Spaces
—
Basement
—
Accessible
—
HOA Dues
—
Garage
—
Features
—
Last updated by owner on Oct 5, 2026.
R5
Residential 5,000 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-Single unit
Housing-Multiple units
Housing-Senior
Apr 21, 2026 • Active
Tree code
Remove trees from a private property.
Grading
Jan 27, 2025 • Final
Plumbing
Replace a sewer line using the pipe bursting method.
Plumbing
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.
Property details
Parking
Parking Information
Parking Features: On Street, Parking Pad
Garage Information
Garage Type: Converted
Interior
Virtual Tour Information
Virtual Tour Type: Video
Has Virtual Tour Unbranded: Yes
Appliances
Appliances: Built-in Oven, Built-in Range, Disposal, Free-Standing Refrigerator, Gas Appliances, Plumbed For Ice Maker, Range Hood, Tile
Hot Water Description: Gas
Interior Features
Has Accessibility: Yes
Accessibility Features: Accessible Approach with Ramp, Main Floor Bedroom w/Bath, Minimal Steps, Utility Room On Main
Interior Features: High Ceilings, High Speed Internet, Jetted Tub, Laminate Flooring, Soaking Tub, Tile Floor, Vaulted Ceiling(s), Wall to Wall Carpet, Washer/Dryer
Fireplace YN: Yes
Fireplaces Total: 1
Fireplace Features: Gas
Window Features: Double Pane Windows
Basement: Crawl Space
Bathroom Information
Bathrooms Full: 2
Bathrooms Full Main Level: 1
Bathrooms Full Upper Level: 1
Bathrooms Total Integer: 2
Bathrooms Total Main Level: 1
Bathrooms Total Upper Level: 1
Baths Total: 2
Room 4 Information
Area: 35
Description: Utility Room
Features Cont: Washer/Dryer
Length: 7
Width: 5
Level: Main
Room 5 Information
Area: 99
Description: Eating Area
Features: Built-in Features
Length: 11
Width: 9
Level: Main
Room 7 Information
Area: 176
Description: 2nd Bedroom
Features: Built-in Features, Exterior Entry
Features Cont: High Ceilings, Wall to Wall Carpet
Length: 11
Width: 16
Level: Main
Room 8 Information
Description: 3rd Bedroom
Features Cont: Closet, Vinyl Floor
Level: Main
Room 9 Information
Area: 162
Description: Dining Room
Features: French Doors
Length: 18
Width: 9
Level: Main
Room 10 Information
Description: Family Room
Room 11 Information
Description: Kitchen
Features: Bay Window, Built-in Features, Built-in Range, Disposal, Gas Appliances