Search
7-Unit Apartment Building
For Sale
$3,184,300

7574 SW 31st Ave, Portland, OR 97219

MultiFamily, Portland, OR

Property Size6,760 SF
Lot Size0.14 Acres
Price / SF$471.05
Days on Market19

Property Features for 7574 SW 31st Ave

General Information

Property type Residential Multi Family
Property subtype Other
Property condition Under Construction
Zoning CM1
Bedrooms 10
Bathrooms 15
Full bathrooms 15
Rooms Bedroom 8, Bathroom 4, Bedroom 2, Bedroom 3, Bathroom 1, Bathroom 2, Bathroom 8, Bathroom 12, Bedroom 6, Bedroom 1, Bedroom 9, Bathroom 14, Bathroom 10, Bedroom 7, Bathroom 3, Bathroom 13, Bathroom 7, Bathroom 9, Bathroom 15, Bathroom 11, Bathroom 5, Bedroom 5, Bathroom 6, Bedroom 4, Bedroom 10
Subdivision MULTNOMAH VILLAGE
Elementary school Maplewood
Middle school Jackson
High school Ida B Wells
Directions SW Multnomah Blvd to SW Capitol Hwy, north on Capitol Hwy to property near SW 31st Ave.
Standard status Active
APN New Construction
Size 6,760 SF
Lot size 0.14 Acres

Utilities

Heating system Heat Pump (Heating)
Cooling system Heat Pump

Amenities

private patio
in-unit laundry

Building Details

Year built 2026
Floors in Building 2
Number of units 6
Roof type Composition
Listing Agency: Keller Williams Realty Portland Premiere
Listed By: Darryl Bodle · License #199910100
Added: Aug 19 Changed: Sep 6 Last Checked: Sep 6 at 4:06AM
MLS# 460796463

Copyright © 2026 Regional Multiple Listing Services. All rights reserved. All information provided by the listing agent/broker is deemed reliable but is not guaranteed and should be independently verified.

Investment Insights

Based on property information with market context.

This 7-unit apartment property is configured as a fourplex and triplex, with approximately 6,760 square feet across seven two-bedroom residences. Each home has a two-story layout with an open kitchen, dining, and living area on the main level, along with a private patio. The upper floor includes two bedrooms, two full bathrooms, and laundry. Heat-pump systems provide heating and cooling, and the property is identified as under construction with a 2026 year built.

The 0.14-acre property is located at 7574 SW 31st Ave in Portland's Multnomah area. An 83 Walk Score and nearby destinations including Multnomah Arts Center, Village Coffee, Fat City Cafe, Annie Bloom's Books, and Grand Central Bakery support a walkable neighborhood setting. The property is zoned CM1 and includes a composition roof.

Key Highlights

  • Seven 2‑bedroom, 2 1/2‑bathroom residences
  • Approximately 6,760 square feet on a 0.14‑acre site
  • Fourplex and triplex configuration

Property Analytics

Current Use

Apartment buildings

Suggested Use

Top Pick Building Supply Computer & Electronic Repair Plumbing Service HVAC Service Grocery & Convenience Store (Bike/Boat/Book/etc) Store

Score = modeled unmet demand for each use within ~1 mi (higher = bigger opportunity). Zoning and permitted uses should be independently verified with local authorities.

Lease Details

7
Residential units

Location Intelligence

Trade Area within ½ mile

1,179
Businesses Nearby

Demographics for 97219, OR

42,474
Population
18,881
Households
2.2
Avg Household Size
40
Median Age
66%
College-Educated
98%
High-School Grad
11.7 sq mi
ZIP Area
3,630
Density / Sq Mi
$115,525
Median Household Income
$59,178
Median Earnings
$1,603
Median Rent
$651,600
Median Home Value

Market

Vacancy Rate% for Multifamily in West region

7% 2022
7.8% 2023
8.6% 2024
8.6% 2025
Rey
Questions? Ask Rey
Realmo’s AI knows this listing — price, zoning, demand, history. Ask anything.

Frequently Asked Questions

What type of property is this?
Apartment building - Under-construction multifamily property with two-story residences, private patios, and heat-pump systems.
Where is this apartment building located?
The property is located at 7574 SW 31st Ave Portland, OR.
What is the asking price?
The asking price for this property is $3,184,300.
What are key features of this property?
This property features: Seven 2‑bedroom, 2 1/2‑bathroom residences; Approximately 6,760 square feet on a 0.14‑acre site; Fourplex and triplex configuration
More about this property
Thanks! Your message was sent.
Error! Your message wasn't sent.
Please enter your name
Please enter email
Please enter the email in the correct format
Please enter phone
Please enter the number in the correct format
Please enter message