This home's estimate is 36.8% lower than the average sale price ($685K) of 6 comparable homes.
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7408 SW 31st Ave, Portland, OR 97219
About this home
PRICE REDUCTION. . . FANTASTIC OPPORTUNITY in Multnomah Village! Expanded potential for development with new R5 zoning changes. The owner is also selling the CM1 (small commercial) building (7401 SW Capitol Hwy), directly behind this home. A combination sale might offer more flexibility. Buyer due diligence here!

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Market trends in Multnomah Village, OR
Last updated September 2026
Buyer's Market
Seller's Market
Seller's market
- OPEN TODAY, 2:30PM TO 4:30PM$880,8003 beds3 baths2,461 sq ft10051 SW Balmer Cir, Portland, OR 97219Sonya Sperring • Windermere Heritage
- COMING SOON$650,0003 beds2 baths1,735 sq ft10408 SW 53rd Ave, Portland, OR 97219Mark Scholz • Keller Williams Realty Portland Premiere
- $3,599,9505 beds4 baths5,693 sq ft1545 S Mary Failing Ct, Portland, OR 97219Michael Smira • John L. Scott Portland Central
- OPEN SUN, 12PM TO 2PM
- $725,0004 beds2 baths2,354 sq ft4033 SW Galeburn St, Portland, OR 97219Dylan Siebers • Urban Pacific Real Estate
- VIDEO TOUR
- OPEN SUN, 11AM TO 1PM$750,0003 beds3 baths2,851 sq ft12225 SW 34th Ave, Portland, OR 97219Elizabeth Davidson • Cascade Hasson Sotheby's International Realty
- OPEN SUN, 12PM TO 2PM$585,0003 beds2 baths1,500 sq ft5314 SW Baird St, Portland, OR 97219Marisa La Fata • Inhabit Real Estate
- 3D WALKTHROUGH$719,0003 beds2 baths1,892 sq ft7548 S Kelly Ave, Portland, OR 97219Helen Hoyt • Portland Creative Realtors
See all
Provided by Redfin
Sale history for 7408 SW 31st Ave
$138/sq ft
$132/sq ft
$51/sq ft
Tax history for 7408 SW 31st Ave
*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
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.Include but are not limited to:
- Housing-Single unit
- Housing-Multiple units
- Housing-Senior
ADU
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: Driveway, On Street
- Parking Total: 1
- Garage Information
- Garage Type: Detached
- Garage Spaces: 1
Interior
- Appliances
- Appliances: Dishwasher, Free-Standing Range, Free-Standing Refrigerator
- Hot Water Description: Electricity
- Interior Features
- Has Accessibility: Yes
- Accessibility Features: Ground Level
- Interior Features: Vinyl Floor, Wood Floors
- Fireplace YN: Yes
- Fireplaces Total: 1
- Fireplace Features: Wood Burning
- Basement: Daylight, Exterior Entry, Full Basement
- Bathroom Information
- Bathrooms Full: 2
- Bathrooms Full Lower Level: 1
- Bathrooms Full Main Level: 1
- Bathrooms Total Integer: 2
- Bathrooms Total Lower Level: 1
- Bathrooms Total Main Level: 1
- Baths Total: 2
- Room 4 Information
- Area: 132
- Description: Bonus Room
- Length: 12
- Width: 11
- Level: Lower
- Room 5 Information
- Area: 378
- Description: Bonus Room
- Length: 21
- Width: 18
- Level: Lower
- Room 7 Information
- Area: 108
- Description: 2nd Bedroom
- Length: 12
- Width: 9
- Level: Main
- Room 8 Information
- Area: 195
- Length: 15
- Width: 13
- Level: Lower
- Room 9 Information
- Area: 77
- Description: Dining Room
- Length: 11
- Width: 7
- Level: Main
- Room 10 Information
- Area: 360
- Description: Family Room
- Length: 24
- Width: 15
- Level: Main
- Room 11 Information
- Area: 99
- Description: Kitchen
- Length: 11
- Width: 9
- Level: Main
- Room 12 Information
- Area: 187
- Description: Living Room
- Features: Fireplace
- Length: 17
- Width: 11
- Level: Main
- Room 13 Information
- Area: 195
- Description: Primary Bedroom
- Length: 15
- Width: 13
- Level: Main
- Room 14 Information
- Description: Great Room
Exterior
- Exterior Features
- Roof: Composition
- Exterior Features: Outdoor Fireplace, Tool Shed, Yard
- Exterior Description: Vinyl Siding
- Lot Information
- Lot Size Square Feet: 4,356
- Lot Size Range: 3,000 to 4,999 SqFt
- Lot Size Dimensions: 5000 to 6,999 sq. ft
- Lot Size Acres: 0.1
- Lot Size: 3,000 to 4,999 SqFt
- Lot Features: Corner Lot, Gentle Sloping
- Parcel Number: R122943
- Road Surface Type: Paved
- Property Information
- Property Type: Residential
- Property Sub Type: Single Family Residence
- Property Attached YN: No
- Property Condition: Fixer
- Main Level Area Total: 1,326
- Lower Level Area Total: 1,326
- View YN: No
- Building Information
- Year Built: 1925
- Building Area Total: 2,652
- Building Area Description: TAX
- Building Area Calculated: 1,326
- Foundation Details: Concrete Perimeter
Financial
- Tax Information
- Tax Year: 2020
- Tax Legal Description: BUCKINGHAM HTS, BLOCK 2, LOT 17 EXC S 30.5' LOT 18
- Tax Annual Amount: $6,211.05
Utilities
- Utility Information
- Green Certification YN: No
- Fuel Description: Gas
- Water Source: Public Water
- Sewer: Public Sewer
- Heating & Cooling
- Heating YN: Yes
- Heating: Forced Air
- Cooling YN: No
Location
- School Information
- Elementary School: Maplewood
- Middle Or Junior School: Jackson
- High School: Ida B Wells
- Location Information
- Directions: SW Capitol Hwy to SW Miles St., go west on Miles to corner of Miles and SW 31st.
- Unparsed Address: 7408 SW 31st AVE, Portland, OR 97219
- Community Information
- Senior Community YN: No
- Zoning: R5
Public facts
- Beds: 2
- Baths: 2.0
- Sq. Ft.: 2,326
- Stories: 1.0
- Lot Size: 5,867 square feet
- Style: Single Family Residential
- Year Built: 1922
- Year Renovated: 1922
- County: Multnomah County
- APN: R122957
Other
- Listing Information
- MlsStatus: Sold
- Listing Price Information
- Price Type: List Price
- New Construction Information
- New Construction YN: No
Around this home
Schools
Public K-5 • Assigned • 1.0mi
Public 6-8 • Assigned • 1.4mi
Public 9-12 • Assigned • 1.0mi
Lifestyle
Provided by Walk Score and Local Logic
Climate risks
Minimal risk of a flood reaching the building in the next 30 years
Unlikely to be in a wildfire in next 30 years
7 days above 91° expected this year, 14 days in 30 years
Minimal risk of severe winds over next 30 years
19 unhealthy days expected this year, 20 days in 30 years
Sun exposure
In this area, properties receive around 9.6 hours in June and 2 hours in December, placing it below the U.S. average for solar exposure.
Nearby similar homes
New listings for sale in 97219
Home values near 7408 SW 31st Ave
| Address | Redfin Estimate |
|---|---|
2 Beds | 1 Baths | 969 Sq. Ft. | $437,780 |
2 Beds | 1 Baths | 882 Sq. Ft. | $450,931 |
| Address | Redfin Estimate |
|---|---|
3 Beds | 3 Baths | 1946 Sq. Ft. | $688,798 |
3 Beds | 1 Baths | 936 Sq. Ft. | $396,870 |
| Address | Redfin Estimate |
|---|---|
3 Beds | 3 Baths | 1796 Sq. Ft. | $682,712 |
2 Beds | 1 Baths | 776 Sq. Ft. | $397,111 |
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