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Matt Willcuts

mattw@willcutscompany.com +1(503) 807-8008

Listed by Keller Williams Realty Portland Premiere • 503-709-4632

$ 3,094,300

Est. payment | -/mo

6,760 SqFt

Save Virtual Tour

$ 3,094,300

Est. payment | -/mo

Save Virtual Tour

6,760 SqFt

Open House

Sun Oct 11, 1:00pm - 3:00pm

Key Details

Property Type Multi-Family

Listing Status Active

Purchase Type For Sale

Square Footage 6,760 sqft

Price per Sqft $457

Subdivision Multnomah Village

MLS Listing ID 460796463

Year Built 2026

Lot Size 6,098 Sqft

Property 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.

Location

State OR

County Multnomah

Area _148

Zoning CM1

Rooms

Basement Crawl Space

Interior

Heating Heat Pump, Mini Split

Cooling Heat Pump, Mini Split

Exterior

View Trees Woods

Roof Type Composition

Garage No

Building

Lot Description Level, Public Road

Story 2

Foundation Concrete Perimeter, Stem Wall

Sewer Public Sewer

Water Public Water

Level or Stories 2

Schools

Elementary Schools Maplewood

Middle Schools Jackson

High Schools Ida B Wells

Others

Acceptable Financing Cash, Conventional

Listing Terms Cash, Conventional

Virtual Tour https://www.youtube.com/watch?v=9q6N1rDpy2I

Regional Multiple Listing Service (RMLS)

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+1(503) 538-8311

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7574 SW 31st AVE Portland, OR 97219