7940 SW 31st Ave #2, Portland, OR 97219
Property image
Property image
OFF MARKET

$395,200

Trulia Estimate
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

Multnomah

Home Highlights

Property Type
Townhouse
Living Area
1,410 sqft
Price/Sqft
$280
Parking
Attached Garage

Local Information

  • Map ViewExplore the area around 7940 SW 31st Ave #2.
  • Schools1 Elementary School1 Middle School1 High School
  • Shop & Eat
-- mins to
Commute Destination

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
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

Interior Features

Heating & Cooling
Heating: CentralAir ConditioningCooling System: Air Conditioner, Central AirHeating Fuel: Central
Appliances & Utilities
Dishwasher
Levels, Entrance, & Accessibility
Floors: Hardwood

Property Information

Property Type / Style
Property Type: Townhouse

Rental Terms, Policies & Fees

Lease Term: 1 YearAvailable: now

Exterior Features

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

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Neighborhood Overview

Neighborhood stats provided by third party data sources.

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.
  • Zsofia Csikos
    "There are many families in the neighborhood, some schools, nearby parks. Many nice local shops in the Village."
  • Trulia User
    "There’s barely sidewalks in this neighborhood and unsafe drivers zooming around! I wish there was better control of the homeless on the sidewalks there are."
  • Leahr.guthrie
    "Great neighborhood looking for a new place and want to stay here! Its a great area for kids and I have three"
  • Trulia User
    "Walkable shopping, good restaurants, small town feel inside a large city, quiet, good neighbors, ……."
  • B L
    "I’ve lived a block away for 4 years and it’s a great area. Only issue I have is the lack of sidewalks and high traffic on Multnomah Blvd. But the trees, nearby park, and friendly people make up for it."
  • Emily T.
    "The air is fresh because of all the beautiful tall trees and gardens perfect for a garden-loving family "
  • Bassam A.
    "Good ppl and quiet neighborhood. Everything is close by. 5 minutes from everything. Downtown, Beaverton, Tigard, schools. It is in the middle of everything. I love Portland"
  • Dan M.
    "An excellent are close to public transportation. A great little village with small town atmosphere minutes from downtown."
  • Dan M.
    "A great place to live only a few minutes to downtown Portland. "
  • Doris
    "Close to all major freeways in Portland, minutes to Downtown, great parks and schools, near shopping and restaurants."
  • Barto
    "funk, convenience,fun. Take a walk for live jazz, fresh starbucks coffee or an ethnic restaurant experience."

LGBTQ Local Legal Protections

Price and Tax history

DateEventPrice
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

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

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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.
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