Lovely 3 Bedroom Condo WALKABLE TO MULTNOMAH VILLAGE! This one level condo is a GREAT INVESTMENT PROPERTY w/ NO RENTAL CAP. Current owners had rented it to OHSU medical students. It features an open floor plan w/ a large living room that flows into the kitchen & dining room--perfect for gatherings & entertaining. The modern kitchen includes bamboo floors, shaker cabinets & stainless appliances. Primary bedroom w/ walk-in closet & attached full bath. Relax on the covered deck w/ enclosed storage room. Ideally located at the back of complex w/ extra guest parking & green space for pets. Community pool & spa. 2 covered parking spaces #38 & #40. Newer siding, windows, exterior paint. Fridge, washer/dryer, microwave & portable a/c included. NO SPECIAL ASSESSMENT FEE ADDED TO MONTHLY HOA. IT HAS BEEN PAID OFF FOR THIS CONDO. Amazing location walkable to Multnomah Village & Gabriel Park. Multnomah Village is an amazing pocket of cool & unique retail stores, restaurants, brewpubs, art galleries & more. Stroll the tree lined streets & enjoy shopping with great food & drink. See attached information on "The Village" for more. Brand new carpeting!
CondoProperty Type
1990Year Built
$271Est. Price/Sq.Ft.
2 car garageParking
Listed by Jeanie Williams• Berkshire Hathaway HomeServices NW Real Estate
Well taken care of 3 bed, 2 bath condo in close proximity to Multnomah Village. Kitchen features granite counters, crown molding, SS kitchen appliances and laminate flooring. Large master bedroom with walk in closet. Covered patio with extra storage. Unit comes with 2 covered parking spots. New siding, patio, windows and exterior paint. Community features pool, spa and professional landscaping. Plenty of guest parking too!
RMLS #17443356
Feb 17, 2017
Sold
$220,000
$189/sq ft
Jan 21, 2017
Pending
—
Jan 2, 2017
Listed
$220,000
$189/sq ft
+15
3 bed 2 bath mid entry.Check out all the natural light!The only 3 bd condo in this complex available.Gorgeous appointments throughout,Maple cabinets,granite counters,SS appliances,crown moldings.All appliances to remain including HE washer/dryer.TURN KEY condo move-in ready!Walk to the village,easy commute East to I-5,West to 217,centrally located.Investors welcome.Call to agent to schedule viewing today.Offers reviewed same day.
Year
Property tax
Land + Additions
Assessment*
2025
$5,547 (+3.1%)
2024
$5,378 (+4.0%)
2023
$5,171 (+2.2%)
2022
$5,060 (+12.8%)
2021
$4,484 (−1.7%)
2020
$4,563 (+4.6%)
2019
$4,362 (+2.3%)
2018
$4,266 (+4.3%)
2017
$4,089 (+9.3%)
2016
$3,741 (+11.0%)
2015
$3,370 (+15.8%)
2014
$2,910 (+13.1%)
2013
$2,574 (+6.3%)
2012
$2,420 (−12.3%)
2011
$2,758 (−4.6%)
2010
$2,891 (+2.7%)
2009
$2,815
Tax history for 7937 SW 40th Ave Unit C
Year
Property tax
Land + Additions
Assessment*
2025
$5,547 (+3.1%)
2024
$5,378 (+4.0%)
2023
$5,171 (+2.2%)
2022
$5,060 (+12.8%)
2021
$4,484 (−1.7%)
2020
$4,563 (+4.6%)
2019
$4,362 (+2.3%)
2018
$4,266 (+4.3%)
2017
$4,089 (+9.3%)
2016
$3,741 (+11.0%)
2015
$3,370 (+15.8%)
2014
$2,910 (+13.1%)
2013
$2,574 (+6.3%)
2012
$2,420 (−12.3%)
2011
$2,758 (−4.6%)
2010
$2,891 (+2.7%)
2009
$2,815
*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
Beds
—
Baths
2
Stories
1
Lot width
—
Lot depth
—
Lot size
—
Year renovated
1990
Sq. Ft.
1,160
Year built
1990
Style
Condo/Co-op
County
Multnomah County
APN
R582676
Parking Spaces
—
Basement
—
Accessible
—
HOA Dues
—
Garage
—
Features
—
Last updated by owner on Oct 30, 2026.
RM1
C
Residential Multi-Dwelling 1 Zone
The RM1 zone is a low-scale multi-dwelling zone that is generally applied in locations intended to provide a transition in scale to single-dwelling residential areas, such as the edges of mixed-use centers and civic corridors, and along or near neighborhood corridors. Allowed housing is characterized by one to three story buildings that relate to the patterns of residential neighborhoods, but at a somewhat larger scale and building coverage than allowed in the single-dwelling zones. The major types of new development will be duplexes, triplexes, rowhouses, courtyard housing, small apartment buildings, and other relatively small-scale multi-dwelling and small-lot housing types that are compatible with the characteristics of Portland's residential neighborhoods.