This home's estimate is 42.8% higher than the average sale price ($708K) of 6 comparable homes.
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7831 SW 34th Ave, Portland, OR 97219
About this home
Don't miss this amazing Multnomah Village investment opportunity! 4plex located right in the heart of Multnomah Village. Next door to Grand Central Bakery and mere steps to all the other shops and restaurants etc! 4 units in total, all the same size and layout with 2 bedroom and 1 bath. Brand new exterior paint throughout. With 3 units currently rented, perfect house hacking opportunity and live in the vacant unit or rent out all 4. Washer and Dryer in all 4 units.

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Market trends in Multnomah Village, OR
Last updated September 2026
Buyer's Market
Seller's Market
Seller's market
- OPEN SUN, 1PM TO 3PM
- NEW 28 HRS AGO$1,990,0005 beds6 baths4,484 sq ft1618 S Corbett Hill Cir, Portland, OR 97219Kristen Kohnstamm • Cascade Hasson Sotheby's International Realty
- OPEN TODAY, 3PM TO 5PM$825,0003 beds4 baths3,801 sq ft9124 SW 23rd Dr, Portland, OR 97219Bradley Wulf • Keller Williams Realty Professionals
- OPEN SUN, 1PM TO 3PM$659,9002 beds3 baths1,490 sq ft3530 SW Falcon St, Portland, OR 97219Michael Palinsky • Reside Realty Group
- 3D WALKTHROUGH$685,0003 beds3 baths2,526 sq ft220 S Texas St, Portland, OR 97219Michelle McCabe • Windermere Realty Trust
- OPEN SUN, 12PM TO 2PM$699,0003 beds2 baths3,009 sq ft601 SW Chestnut St, Portland, OR 97219Marie Purvis • Vetiver Street Real Estate
- OPEN SUN, 12PM TO 2PM$595,0003 beds3 baths1,634 sq ft9324 SW 42nd Ave, Portland, OR 97219Jamie Fricke • Works Real Estate
- $865,0003 beds3 baths2,366 sq ft16 SW Canby St, Portland, OR 97219Vanessa Calvert • Cascade Hasson Sotheby's International Realty
See all
Provided by Redfin
Sale history for 7831 SW 34th Ave
$303/sq ft
$303/sq ft
$322/sq ft
As the MLS and public records start to fill up, we'll list the details here.
Public record
- Public record
- Zoning
CM2
D
Commercial/Mixed Use 2
The Commercial/Mixed Use 2 (CM2) zone is a medium scale zone intended for sites in a variety of centers, along corridors, and in other mixed use areas that have frequent transit service. The zone allows a wide range and mix of commercial and residential uses, as well as employment uses that have limited off-site impacts. Buildings in this zone will generally be up to four stories tall unless height and floor area bonuses are used, or plan district provisions specify other height limits. Development is intended to be pedestrian-oriented, provide a strong relationship between buildings and sidewalks, and complement the scale of surrounding residentially zoned areas.- Design Overlay Zone
Include but are not limited to:
- Religious facility
- Automotive repair garage
- Day care facility
- General retail
- Hospital / medical center
- Housing
- Office
- Educational / school
- Recreation-Other
- Park & open space
Property details
Parking
- Parking Information
- Parking Features: None
Interior
- Multi Unit Information
- # Of Units Total: 4
- Unit Information
- Unit Type: 1, 2, 3, 4
- Unit Type 1 Information
- Actual Rent: $1,550
- Area: 826
- Baths Total: 1
- Beds Total: 2
- Features: Dishwasher, Range, Unfurnished, Washer/Dryer
- Units Total: 1
- Unit Type 2 Information
- Area: 826
- BathsTotal: 1
- Beds Total: 2
- Features: Dishwasher, Range, Unfurnished, Washer/Dryer
- Units Total: 1
- Unit Type 3 Information
- Actual Rent: $1,750
- Area: 826
- Baths Total: 1
- Beds Total: 2
- Features: Dishwasher, Range, Unfurnished, Washer/Dryer
- Units Total: 1
- Unit Type 4 Information
- Actual Rent: $1,850
- Area: 826
- Baths Total: 1
- Beds Total: 2
- Features: Dishwasher, Range, Unfurnished, Washer/Dryer
- Units Total: 1
Exterior
- Exterior Features
- Roof: Composition
- Exterior Description: T-111 Siding
- Lot Information
- Lot Size Square Feet: 3,049
- Lot Size Range: 3,000 to 4,999 SqFt
- Lot Size Acres: 0.07
- Lot Size: 3,000 to 4,999 SqFt
- Lot Features: Level
- Parcel Number: R238864
- Road Surface Type: Paved
- Property Information
- Property Type: Multi Family
- Property Attached YN: No
- Property Condition: Updated/Remodeled
- View YN: No
- Building Information
- Year Built: 1981
- Building Area Total: 3,304
Financial
- Tax Information
- Tax Year: 2024
- Tax Legal Description: PARTITION PLAT 1995-129, LOT 1
- Tax Annual Amount: $11,244.14
- Rent Information
- Rent Includes: Trash Collection
- Lease / Rent Information
- CAP Rate: 6.34
- Gross Rent Multiplier: 11.65
Utilities
- Utility Information
- Green Certification YN: No
- Fuel Description: Electricity
- Water Source: Public Water
- Sewer: Public Sewer
- Heating & Cooling
- Heating YN: Yes
- Heating: Baseboard, Zoned
- Cooling YN: No
Location
- School Information
- Elementary School: Maplewood
- Middle Or Junior School: Jackson
- High School: Ida B Wells
- Location Information
- Directions: From SW Capitol Hwy, turn south on SW 34th Ave.
- Unparsed Address: 7831 SW 34TH AVE, Portland, OR 97219
- Community Information
- Zoning: R2
Public facts
- Beds: —
- Baths: —
- Sq. Ft.: —
- Stories: —
- Lot Size: —
- Style: Multi-Family (2-4 Unit)
- Year Built: —
- Year Renovated: —
- County: Multnomah County
- APN: R238864
Other
- Listing Information
- MlsStatus: Sold
- Listing Price Information
- Price Type: List Price
Around this home
Schools
Public K-5 • Assigned • 0.9mi
Public 6-8 • Assigned • 1.2mi
Public 9-12 • Assigned • 1.2mi
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 7831 SW 34th Ave
| Address | Redfin Estimate |
|---|---|
8 Beds | 4 Baths | 3304 Sq. Ft. | $933,732 |
3 Beds | 4 Baths | 2263 Sq. Ft. | $565,299 |
| Address | Redfin Estimate |
|---|---|
- Beds | - Baths | - Sq. Ft. | $790,999 |
2 Beds | 3 Baths | 1414 Sq. Ft. | $482,119 |
| Address | Redfin Estimate |
|---|---|
3 Beds | 4 Baths | 2057 Sq. Ft. | $602,623 |
- Beds | 2.5 Baths | 1664 Sq. Ft. | $507,624 |
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