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Sarita Dua

OPERATOR | The AskSarita Team | Keller Williams Sunset Corridor

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7574 SW 31st Ave , Portland, OR 97219
$3,184,300
Est. Payment: $16,262.72/mo
12 Bed
18 Bath
6760 Sqft
Status: Active | Days on site: 19
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House Description

Positioned just outside the heart of Multnomah Village, this newly built 7 unit investment opportunity pairs efficient modern construction with one of Southwest Portland’s most established neighborhood settings. The property is configured as a fourplex and triplex and offers seven 2 bedroom, 2½ bathroom residences totaling approximately 6,760 square feet. Each home features a thoughtfully designed two story floor plan with an open main level connecting the kitchen, dining area, and living room, plus a private patio that extends usable living space outdoors. Upstairs, each residence includes two bedrooms, two full bathrooms, and conveniently located laundry, while energy efficient mini splits provide year round heating and cooling. The consistent unit mix supports straightforward management, while the mix of end and interior units creates natural differentiation across the property. An exceptional 83 Walk Score strengthens long term tenant appeal, with Multnomah Arts Center, Village Coffee, Fat City Cafe, Annie Bloom’s Books, Grand Central Bakery, and the broader collection of shops, dining, services, and neighborhood amenities of Multnomah Village all nearby. The location also provides convenient access to major Southwest Portland transportation corridors and employment centers while retaining the walkability and neighborhood character that continue to attract residents to this area. New construction gives investors the benefit of modern systems, efficient layouts, and reduced near term capital expenditure compared with older multifamily inventory. Every detail reflects the vision of a multi-year Street of Dreams builder, blending elevated design with everyday livability and backing every home with an exceptional warranty. This is how your investment was meant to be.

Highlights

Listed by Darryl Bodle , 503-709-4632 and Kelly Christian , 503-597-2444 Keller Williams Realty Portland Premiere , 503-597-2444. Portland Regional Multiple Listing Service mls logo

Property Type

Multi-Family

Lot/Acreage
0.14

Year Built

2026

County

Multnomah

Area

148 - Portland NW/ SW/ S, Raleigh Hills

Neighborhood

Multnomah Village

Listing ID

460796463

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Interior Features

Bedrooms and Bathrooms
  • Bedrooms:12
  • Bathrooms:18
  • Full Bathrooms:18
Air Cond:Heat Pump,MiniSplit
Fireplaces:
Basement:Crawl Space
Water:Public Water

Exterior Features

Lot:Level,Public Road
Garage Capacity:0
Zoning:CM1
Roof:Composition
Others:
  • Additional:New Construction
Sewer:Public Sewer
Principal Interest
$16,263
Taxes
$2,030

Home Price

$3,184,300

Loan Details

30 yrs
6.596%

Down Payment

20%
$636,860
All calculations are estimates and provided by Blueroof360. Today’s Rates provided by Blueroof360. Information and interactive calculators are made available to you only as self-help tools for your independent use and are not intended to provide investment or tax advice. We cannot and do not guarantee their applicability or accuracy in regards to your individual circumstances. All examples are hypothetical and are for illustrative purposes. We encourage you to seek personalized advice from qualified professionals regarding all personal finance issues.
Monthly Price:
$16,262.72

Principal

Taxes

Principal Taxes HOA Total
Monthly $16,262.72 $2,029.99 $0.00 $18,292.71
Yearly $195,152.64 $24,359.90 $0.00 $219,512.54
Total $5,854,579.35 $730,796.85 $0.00 $6,585,376.20

Today's Rates

30 Year

6.6%

20 Year

6.33%

15 Year

6.05%

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Market insight data is pulled from the same city as the listing being viewed (Portland, OR).

The schools listed are within a 2-mile radius of the property; however, attendance is not guaranteed. Please contact the local school district to confirm zoning and enrollment options.


The data relating to real estate for sale on this web site comes in part from the Portland Regional Multiple Listing Service. Real estate listings held by brokerage firms other than The AskSarita Team | Keller Williams Sunset Corridor are marked with the IDX logo and detailed information about them includes the name of the listing brokers.

All information deemed reliable but not guaranteed and should be independently verified. All properties are subject to prior sale, change or withdrawal. Neither listing broker(s) nor technology provider shall be responsible for any typographical errors, misinformation, misprints and shall be held totally harmless.

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IDX service by Blueroof 360

Data last updated: 2026-09-07T13:53:59.000Z

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