Own in Multnomah Village for under $200,000! This bright, move-in-ready 1-bedroom condo offers an exciting opportunity to own in one of Portland’s most charming and walkable neighborhoods, just blocks from the shops, restaurants, coffee, and community of Multnomah Village, with Gabriel Park nearby.Fresh paint and new carpet throughout make this 712 square foot home feel fresh, bright, and welcoming. The smart, open floor plan lives larger than expected, with abundant natural light and plenty of thoughtful storage. The well appointed kitchen features wine storage, an eat-in bar, and a great connection to the living space. Sliding glass doors open to a covered porch that’s perfect for morning coffee, entertaining, or enjoying your own outdoor space year-round. Even better, the porch includes a walk-in storage closet, a rare and incredibly useful bonus for condo living.The generous bedroom features a walk-in closet with custom organizers, while the updated bathroom offers a stylish new vanity. A coat closet and laundry closet are conveniently located at the entry, keeping everyday essentials neatly tucked away. Your deeded parking space is located directly in front of the unit for maximum convenience.And the HOA delivers serious value, covering water, sewer, trash, and exterior maintenance, while also giving you access to the community pool and hot tub. Spend less time worrying about exterior upkeep and more time enjoying everything Multnomah Village has to offer.Under $200K, a prime Multnomah Village location, deeded parking, private outdoor space, pool + hot tub, and major utilities included in the HOA—this is an opportunity to own in one of Portland’s most desirable neighborhoods without the price tag you might expect. Come see why this condo is such a great way to make Multnomah Village your home!
Multnomah Village, located between Hillsdale and Garden Home, is a walkable and village-like Portland neighborhood with a compact main street and a wooded, creekside backdrop. The neighborhood’s character concentrates around SW Multnomah Blvd and SW 35th Ave, where bookshops, bakeries, pubs, and small galleries line the sidewalks. Landmark architecture leans Craftsman and mid-century, with tidy bungalows and low-slung ranch homes on leafy blocks. Village Books anchors the literary streak, while the Multnomah Arts Center adds studios, classes, and performances. Gabriel Park’s trails and fields shape daily routines, and nearby Tryon Creek State Natural Area brings a forested edge to the grid.
Provided by Walk Score and Local Logic
Offer insights
7937 SW 40th Ave Unit I · $179,950
$179K and above
75% chance or better to win
Why $179K+ is a strong offer
DAYS ON MARKET
138 days
The average home goes pending in 118 days.
SALE-TO-LIST
97.0%
Most homes are selling 3% below list price.
About offer insights
Property details
Interior
Exterior
Finance
Kitchen
Bathroom
Bedroom
Living
Dining
Interior features
Bamboo flooring in main living areas
Wall-to-wall carpet in select rooms
Double-pane windows with vinyl frames
Washer and dryer included in unit
Closet organizer in primary bedroom
Built-in features in kitchen (eat bar, built-in refrigerator)
Bedrooms
Primary bedroom on main level with suite and walk-in closet
Bathrooms
One full bathroom on the main level
Double sinks in kitchen area (additional sink detail listed with kitchen)
Kitchen
Built-in refrigerator
Dishwasher
Disposal
Microwave
Free-standing range
Eat bar
Stainless steel appliances
Island
Laundry & utility
Washer and dryer located in unit
Electric hot water
Flooring
Bamboo flooring
Wall-to-wall carpet
Tile floor in entry/storage area
Heating & cooling
Zoned heating
No central cooling listed
Exterior features
Covered patio and deck (deck approx. 7' x 8')
In-ground pool and spa/hot tub in community
Security lights
Cement siding
Lot is in a cul-de-sac, gentle sloping, private with trees
Concrete and paved road access
Deck available for the unit (approx. 56 sq ft)
Home design
Condominium (residential)
One-level floor plan for the unit
Unit located on upper floor of a 3-story building
Views of trees/woods
Parking
Deeded parking space (P77)
Off-street parking
Deeded garage/parking type for complex
Security
Security lights on property
Construction
Built in 1990
Composition roof
Concrete perimeter foundation
Utilities
Public water
Public sewer
Electric fuel for systems
HOA & community
HOA includes exterior maintenance, insurance, grounds maintenance, management, pool, sewer, spa/hot tub, trash and water
Monthly association fee (listed)
Financial info
Association fee collected monthly
Other
Condominium complex has 48 units
Unit level: 2 of 3 total levels
Washer and dryer included in unit per condo info
No assigned storage available
Pets allowed per condominium policy
Electricity and solar
View estimated energy costs and solar savings for this home
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.