A rare opportunity in the heart of SW Portland, just moments from Multnomah Village—this fully remodeled 3-bedroom, 2-bath home offers flexible living with a full basement ADU space, taken to the studs with rough-in plumbing and electrical in place. Whether you’re envisioning rental income, guest quarters, multigenerational living, or a private home office, this unfinished area is primed for your vision and offers lasting value.The upstairs remodel, completed in 2020, showcases a modern aesthetic and thoughtful touches throughout. Bright, open living areas flow seamlessly, anchored by a stunning kitchen and refreshed bathrooms that are both stylish and functional. The home also includes all-new plumbing, a new A/C unit, and an upgraded electrical panel with a dedicated EV charger. Triple-pane windows, smart features, and quality finishes enhance comfort, while custom closet organizers add practical elegance. Outdoors, a spacious, private backyard with a large deck, framed by lush laurel bushes, offers the perfect setting to relax or entertain. A full storage room beneath the deck provides ample space for tools, bikes, and outdoor gear. Off-street parking in front, in addition to the two car garage and driveway, adds to the ease of everyday living. With a prime location and improved access via the newly completed Capitol Highway sidewalk and bike path, this home blends modern comfort, convenience, and exciting potential. [Home Energy Score = 5. HES Report at https://rpt.greenbuildingregistry.com/hes/OR10139879]
Single-familyProperty Type
1969Year Built
9,147 sq ftLot Size
$277Est. Price/Sq.Ft.
2 car garageParking
Listed by Anna Alvarez• Move Real Estate Inc
Bought with C. Morgan Davis• Keller Williams PDX Central
Vanessa Calvert • Cascade Hasson Sotheby's International Realty
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Provided by Redfin
Sale history for 8231 SW Capitol Hwy
Date
Event
Price
RMLS #674258229
Jun 20, 2025
Sold
$640,000
$259/sq ft
May 25, 2025
Pending
—
May 14, 2025
Price Changed
$639,900
$259/sq ft
Apr 24, 2025
Listed
$649,900
$263/sq ft
RMLS #19118533
Jun 4, 2020
Sold
$488,000
$197/sq ft
Apr 26, 2020
Pending
—
Mar 5, 2020
Price Changed
$499,999
$202/sq ft
Feb 8, 2020
Relisted
—
Dec 16, 2019
Delisted
—
Sep 20, 2019
Listed
$549,000
$222/sq ft
Steps to Multnomah Village's eclectic shopping, galleries, and dining from casual to fine. Day ranch with separate downstairs entry (plumbed for 2nd kitchen, could be ADU). Triple paned windows for QUIET. Huge 440 sft deck off main, and 9240 sft lot with large terraced backyard make for entertainer's paradise. Beautiful landscaping includes mature trees, fruit trees, grape vines, and a garden space on lowest terrace. Upcoming sidewalk and bike lane on Capitol will not encroach on front yard.
Year
Property tax
Land + Additions
Assessment*
2025
$9,052 (+3.7%)
2024
$8,727 (+4.0%)
2023
$8,391 (+2.2%)
2022
$8,210 (+1.7%)
2021
$8,071 (+9.0%)
2020
$7,403 (+3.8%)
2019
$7,131 (+3.0%)
2018
$6,922 (+4.3%)
2017
$6,634 (+9.3%)
2016
$6,070 (+2.7%)
2015
$5,911 (+1.5%)
2014
$5,822 (+8.0%)
2013
$5,390 (+17.9%)
2012
$4,570 (−5.0%)
2011
$4,813 (+2.6%)
2010
$4,691 (+2.7%)
2009
$4,567
Tax history for 8231 SW Capitol Hwy
Year
Property tax
Land + Additions
Assessment*
2025
$9,052 (+3.7%)
2024
$8,727 (+4.0%)
2023
$8,391 (+2.2%)
2022
$8,210 (+1.7%)
2021
$8,071 (+9.0%)
2020
$7,403 (+3.8%)
2019
$7,131 (+3.0%)
2018
$6,922 (+4.3%)
2017
$6,634 (+9.3%)
2016
$6,070 (+2.7%)
2015
$5,911 (+1.5%)
2014
$5,822 (+8.0%)
2013
$5,390 (+17.9%)
2012
$4,570 (−5.0%)
2011
$4,813 (+2.6%)
2010
$4,691 (+2.7%)
2009
$4,567
*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
3
Baths
2
Stories
2
Lot width
—
Lot depth
—
Lot size
9,147
Year renovated
1969
Sq. Ft.
2,472
Year built
1969
Style
Single Family Residential
County
Multnomah County
APN
R181008
Parking Spaces
2
Basement
Yes
Accessible
Yes
HOA Dues
—
Garage
Yes
Features
Views, Green
Last updated by owner on Jun 22, 2025.
R7
Residential 7,000 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
Sep 1, 2021 • Final
Electrical
Upgrade the electrical service and replace the electrical panel.
Electrical
Jul 8, 2019 • Final
Mechanical
HVAC
Plumbing
Water heater
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, EV Ready
Parking Total: 2
Garage Information
Garage Type: Attached, Oversized
Garage Spaces: 2
Has Attached Garage: Yes
Interior
Virtual Tour Information
Virtual Tour Type: 3-D Tour
Has Virtual Tour Unbranded: Yes
Virtual Tour Type 2: Video
Has Virtual Tour Unbranded 2: Yes
Appliances
Appliances: Dishwasher, Disposal, Free-Standing Range, Free-Standing Refrigerator, Plumbed For Ice Maker, Quartz, Range Hood, Stainless Steel Appliance(s)
Hot Water Description: Gas
Interior Features
Has Accessibility: Yes
Accessibility Features: Accessible Entrance, Garage on Main, Main Floor Bedroom w/Bath, Minimal Steps, Natural Lighting, Walk-in Shower
Interior Features: Accessory Dwelling Unit, Engineered Hardwood, Garage Door Opener, Laundry, Luxury Vinyl Plank, Quartz, Separate Living Quarters/Apartment/Aux Living Unit, Tile Floor, Washer/Dryer