$395,200
as of Sep 1, 2026
- 2 Beds
- 2.5 Baths
- 1,410 sqft
- 2 Beds
- 2.5 Baths
- 1,410 sqft
7940 SW 31st Ave #2, Portland, OR 97219
Home Highlights
Property Type
Townhouse
Living Area
1,410 sqft
Price/Sqft
$280
Parking
Attached Garage
Local Information
-- mins to
About this House
Located in the heart of Multnomah Village (with a walk score of 87). This fabulous townhome has it all. You'll fall in love with the convenient location in walking distance to restaurants, shops and breweries. Close to several grocery stores and OHSU, as well as easy access to I-5 and one block from bus stops.
This Multnomah Village townhome features 2 bedrooms with on-suite bathrooms in addition to a half bathroom downstairs. Contemporary style unit with open layout of living, dining, and kitchen areas as well as vaulted ceilings and skylights. Gourmet kitchen has granite counter tops, newer stainless steel appliances & eating bar. 2 car tandem garage with storage. Also has air conditioning for those hot summer days.
TERMS:
*Available Now
-Lease Term: 12 months
-$2650 rent
-$2650 security deposit due at move-in
-Garbage/Recycling: Landlord Responsibility
-Water/Sewer: Landlord Responsibility
-Gas/Electricity: Tenant Responsibility
-Parking: Tandem Parking in Garage
-Renter's Insurance Required
-This home is not ADA compliant
-No smoking or vaping on the premises
-Must abide by HOA rules and regulations if applicable
SCREENING REQUIREMENTS:
-Total verifiable household gross income 2.5x rent
-Minimum credit score of 660
-Five years of eviction free rental history
-Two years of verifiable rental or mortgage history
-No active or discharged bankruptcy within the past five years
-Current and previous rental references (not family members)
HOW TO APPLY:
-The Application Period Opens on Monday, July 14, 2026 at 10:00 AM. This is 72 hours after the unit availability was originally posted. Per City of Portland, if an application is submitted prior to the Open Application Period, the City requires that Landlords apply an 8-hour penalty to the time application was received.
-We process completed applications in the order they are received. All individuals in your application group who are 18 years of age or older must submit an application in order for the application to be considered completed
-Please apply though Zillow
1 year lease
This Multnomah Village townhome features 2 bedrooms with on-suite bathrooms in addition to a half bathroom downstairs. Contemporary style unit with open layout of living, dining, and kitchen areas as well as vaulted ceilings and skylights. Gourmet kitchen has granite counter tops, newer stainless steel appliances & eating bar. 2 car tandem garage with storage. Also has air conditioning for those hot summer days.
TERMS:
*Available Now
-Lease Term: 12 months
-$2650 rent
-$2650 security deposit due at move-in
-Garbage/Recycling: Landlord Responsibility
-Water/Sewer: Landlord Responsibility
-Gas/Electricity: Tenant Responsibility
-Parking: Tandem Parking in Garage
-Renter's Insurance Required
-This home is not ADA compliant
-No smoking or vaping on the premises
-Must abide by HOA rules and regulations if applicable
SCREENING REQUIREMENTS:
-Total verifiable household gross income 2.5x rent
-Minimum credit score of 660
-Five years of eviction free rental history
-Two years of verifiable rental or mortgage history
-No active or discharged bankruptcy within the past five years
-Current and previous rental references (not family members)
HOW TO APPLY:
-The Application Period Opens on Monday, July 14, 2026 at 10:00 AM. This is 72 hours after the unit availability was originally posted. Per City of Portland, if an application is submitted prior to the Open Application Period, the City requires that Landlords apply an 8-hour penalty to the time application was received.
-We process completed applications in the order they are received. All individuals in your application group who are 18 years of age or older must submit an application in order for the application to be considered completed
-Please apply though Zillow
1 year lease
7940 SW 31st Ave #2, Portland, OR 97219 is a 2 bedroom, 3 bathroom, 1,410 sqft townhouse in Multnomah. It last sold for $251,000 on Apr 16, 2013 (9,372% above the $2,650 asking price). More recently, it was listed as a rental in July 2026 with an asking price of $2,650 per month. That rental listing was removed on July 28, 2026. This property is not currently displayed as for sale or rent on Trulia. The Trulia Estimate is $395,200, with a rent estimate of $3,039/month.
Home Details for 7940 SW 31st Ave #2
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Heating & Cooling Heating: CentralAir ConditioningCooling System: Air Conditioner, Central AirHeating Fuel: Central |
Appliances & Utilities Dishwasher |
Levels, Entrance, & Accessibility Floors: Hardwood |
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Property Type / Style Property Type: Townhouse |
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Lease Term: 1 YearAvailable: now |
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Parking & Garage GarageParking: Attached Garage, On Site |
Comparable Sales for 7940 SW 31st Ave #2
Address | Distance | Property Type | Sold Price | Sold Date | Bed | Bath | Sqft |
|---|---|---|---|---|---|---|---|
0.04 | Townhouse | $405,000 | 11/26/25 | 2 | 2 | 1,313 sqft | |
0.04 | Townhouse | $457,000 | 08/27/26 | 2 | 3 | 1,667 sqft | |
0.04 | Townhouse | $465,000 | 09/24/25 | 2 | 3 | 1,667 sqft | |
0.40 | Townhouse | $514,500 | 10/30/25 | 2 | 3 | 1,276 sqft | |
0.59 | Townhouse | $292,000 | 08/07/26 | 3 | 2 | 1,210 sqft | |
0.73 | Townhouse | $378,900 | 07/02/26 | 2 | 3 | 921 sqft | |
0.72 | Townhouse | $429,900 | 04/30/26 | 2 | 3 | 1,004 sqft | |
0.74 | Townhouse | $405,000 | 06/29/26 | 2 | 3 | 921 sqft | |
0.68 | Townhouse | $410,000 | 10/06/25 | 3 | 1.5 | 1,008 sqft | |
0.85 | Townhouse | $444,900 | 04/30/26 | 2 | 3 | 1,028 sqft |
Nearby homes
Get a sense of prices in the area by checking nearby homes.Around this home
What Locals Say about Multnomah
At least 52 Trulia users voted on each feature.
100 % Say it's dog friendly
85 % Say it's walkable to restaurants
75 % Say parking is easy
73 % Say people would walk alone at night
73 % Say car is needed
69 % Say it's walkable to grocery stores
65 % Say there's holiday spirit
60 % Say they plan to stay for at least 5 years
60 % Say neighbors are friendly
58 % Say yards are well-kept
58 % Say there's wildlife
53 % Say kids play outside
45 % Say there are community events
43 % Say it's quiet
41 % Say there are sidewalks
33 % Say streets are well-lit
Sourced by Trulia users. Learn more about our methodology.
LGBTQ Local Legal Protections
LGBTQ Local Legal Protections
Price and Tax history
| Date | Event | Price |
|---|---|---|
Jul 28, 2026 Source: Zillow Rentals | ListingRemoved | $2,650 |
Jul 14, 2026 Source: Zillow Rentals | Listed For Rent | $2,650 |
Jun 30, 2026 Source: Zillow Rentals | ListingRemoved | $2,650 |
Jun 25, 2026 Source: Zillow Rentals | Listed For Rent | $2,650 |
Dec 8, 2023 Source: Zillow Rentals | ListingRemoved | |
Oct 27, 2023 Source: Zillow Rentals | Listed For Rent | $2,500 |
Oct 4, 2023 Source: Zillow Rentals | ListingRemoved | |
Sep 20, 2023 Source: Zillow Rentals | PriceChange | $2,550 Price decreased by 4% |
Sep 3, 2023 Source: Zillow Rentals | Listed For Rent | $2,650 |
Apr 16, 2013 Source: RMLS (OR) #13287982 | Sold | $251,000 |
| Year | Property tax | Tax assessment |
|---|---|---|
| 2025 | $7,036 | $425,990 |
Home facts updated by county records
Frequently asked questions about 7940 SW 31st Ave #2
- What is 7940 SW 31st Ave #2 estimated to be worth?Trulia's estimated value for 7940 SW 31st Ave #2 in Portland, OR is $395,200.
- What is the price history for 7940 SW 31st Ave #2?7940 SW 31st Ave #2 in Portland, OR last sold for $251,000 in April 2013.
- Is Portland a buyer's or seller's market?Portland is currently a seller's market, based on recent for-sale activity.
- What's the median sale price in Portland?The median sale price in Portland is $568K. That is up $3.33K from the prior month.
- Does 7940 SW 31st Ave #2 have air conditioning?Yes, 7940 SW 31st Ave #2 in Portland, OR has air conditioning.
- Does 7940 SW 31st Ave #2 have a garage?Yes, 7940 SW 31st Ave #2 in Portland, OR has an attached garage.
Homes for rent near 7940 SW 31st Ave #2
Affordability
TIP:Try to keep your rent within a third of your gross household income. Learn why in our Renter's Guide.
For this property
PER YEAR
is the suggested income
Win over prospective landlords with your smart budgeting. As a good rule of thumb, ideally you would have at least three times your monthly rent in combined household income.

