5 months on rocket

7937 SW 40th Ave Unit C, Portland, OR, 97219

$342,500

Home List Price

$4,067*

Closing Credit

3 Bedrooms
2 Full Baths
1,165 SqFt
$294/SqFt
Condo

Location

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7937 SW 40th Ave Unit C, Portland$342,500

Buyer Closing Credits

$4,067*

1.25% Loan Amount

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Property Highlights

Home TypeCondominium
ParkingCovered
Garage2 spaces
Year Built1990
CoolingWindow Unit(s)
ViewPark
MLS #24125278
StatusActive

About 7937 SW 40th Ave Unit C

Lovely 3-bedroom condo near charming Multnomah Village & Gabriel Park! This one level condo is a great rental and investment opportunity. No rental cap. Current owners had rented it to OHSU medical students. It features an open floor plan w/ a large living room that flows into the kitchen & dining room--perfect for gatherings & entertaining. The modern kitchen includes bamboo floors, shaker cabinets & stainless appliances. Primary bedroom w/ walk-in closet & attached full bath. Relax on the covered deck w/ enclosed storage room. Ideally located at the back of complex w/ extra guest parking & green space for pets. Community pool & spa. Amazing location walkable to Multnomah Village & Gabriel Park. 2 covered parking spaces #38 & #40. Newer siding, windows, exterior paint. Fridge, washer/dryer, microwave & portable a/c included. NO SPECIAL ASSESSMENT FEE ADDED TO MONTHLY HOA. IT HAS BEEN PAID OFF FOR THIS CONDO.

Property Details

Property Features

Property Information:

  • Architectural Style: 1 Story, Common Wall
  • Year Built: 1990
  • Stories: 1
  • Living Area: 1,165 SqFt

Listing Office:

  • Office Name: Berkshire Hathaway HomeServices NW Real Estate
  • Office Phone: (503) 624-9660
  • Listing Agent: Jeanie Williams

Interior Features

Interior Information:

  • Appliances: Dishwasher, Disposal, Range, Refrigerator
  • Flooring Type: Bamboo, Granite, Tile
  • Interior: Granite, Wall to Wall Carpet, Washer/Dryer

Bedroom and Bathroom Information:

  • Full Bathrooms: 2
  • Total Bedroom Count: 3

Exterior Features

Exterior Information:

  • View: Park
  • Exterior: Covered Deck

Parking Information:

  • Garage Space: 2 spaces
  • Attached Garage: No
  • Parking: Covered

Utilities

Utilities Information:

  • Cooling: Window Unit(s)

Other

Directions Information:

  • Directions: Corner of SW 40th and Multnomah. Driveway on 40th.

Price Information

Listing Price Info

Price Summary:

  • List Price: $342,500
  • Price Per SqFt: $294/SqFt

HOA Fees:

  • Amount: $656
  • Frequency: Monthly
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Housing Market Comparison

See how this home compares to others in Portland, OR.

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Portland, OR

City

Med. Sold Price

$541.3K

Med. Price/SqFt

$315

Avg. Days On Market

48

# of Sold Homes

849

7937 SW 40th Ave Unit C vs Portland

154 DAYS ON ROCKET

+106 Days

$342,500

-$198.8K Less

$294/SqFt

-$22 Less

KEY TAKEAWAY

This property is $198.8K less than the Median Sold Price and $22/SqFt less than other homes in Portland, OR.

Based on homes sold in the last 12 months

MLS Details

MLS Information:

  • MLS Name: Regional Multiple Listing Service, Inc.
  • MLS Number: #24125278

Listing Office:

  • Office Name: Berkshire Hathaway HomeServices NW Real Estate
  • Office Phone: (503) 624-9660
  • Listing Agent: Jeanie Williams

IDXThe content relating to real estate for sale on this web site comes in part from the IDX program of the RMLS of Portland, Oregon. Real estate listings held by another brokerage firm are marked with the RMLS logo, and detailed information about these properties includes the names of the listing brokers. Listing content is copyright © 2024 Regional Multiple Listing Service, Inc. (RMLS™) Portland, Oregon.

The information on this web site is provided exclusively for consumers' personal, non-commercial use and may not be used for any purpose other than to identify prospective properties consumers may be interested in purchasing. We are not responsible or liable for misinformation, misprints, or typographical errors. All information provided is deemed reliable but is not guaranteed and should be independently verified through personal inspection by and/or with the appropriate professionals. Properties subject to prior sale, change, withdrawal or rental. All data, including all measurements and calculations of area, is obtained from various sources and has not been, and will not be, verified by broker or MLS. All information should be independently reviewed and verified for accuracy. Properties may or may not be listed by the office/agent presenting the information.

Data displayed may be a portion of, and not a complete set of all listings published in the MLS.
Last updated on: 11/22/2024, 11:20:52 AM Eastern. If you have any questions regarding the accuracy of this data, please contact us at help@rockethomes.com.

Property Sales & Tax

We're sorry, we currently don't have sales or tax history data for this listing.

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$2,433

Per Month

Recommended Financing

30-Year Fixed

Rate/APR

7.5% / 6.68%

Total Monthly Payment

$1,093

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Schools

Schools Nearby

The school rating is a score out of 10, where 10 is the highest and 1 is the lowest. Assigned schools have a bold outline.

Nearby Schools

school-card-donut-603117
9
/10

  • Maplewood Elementary School

  • 7452 SW 52nd Ave

  • 0.55 miles

  • Public District Grades KG-5

school-card-donut-603118
9
/10

  • Hayhurst Elementary School

  • 5037 SW Iowa St

  • 1.03 miles

  • Public District Grades KG-5

school-card-donut-603119
9
/10

  • Capitol Hill Elementary School

  • 8401 SW 17th Ave

  • 1.18 miles

  • Public District Grades KG-5

All data from GreatSchools

Neighborhood

What Are The Neighbors Like?

The neighbors living near this home have an average income of $76,809. Most Portland, OR residents have annual incomes between $35k-100k. Most families are single, no kids. Residents of this area typically have post secondary degree education.

All data provided by Home Junction and Claritas

Frequently Asked Questions About 7937 SW 40th Ave Unit C

What is the listing price of this property?

The listing price of 7937 SW 40th Ave Unit C property is $342,500.

What type of property is this?

The property 7937 SW 40th Ave Unit C is a condo located in Portland, Oregon, 97219.

Is this property for sale now?

Active Listing: 7937 SW 40th Ave Unit C is For Sale (Active/New) which means the seller is accepting offers.

How many bedrooms and bathrooms does this property have?

The property at 7937 SW 40th Ave Unit C has 3 bedrooms and 2 bathrooms.

What is the square footage of this property?

The property 7937 SW 40th Ave Unit C is 1,165 SqFt (source: MLS/tax record).

Which year was this property built?

The year of construction for 7937 SW 40th Ave Unit C is 1990.

Rocket Homes›Oregon›Multnomah County›Portland›97219›7937 SW 40th Ave Unit C

This home is located at 7937 SW 40th Ave Unit C in Portland, OR and zip code 97219 in the Southwest Portland neighborhood. This 1,165 square foot home was built in 1990. Features: 3 bedrooms, 2 bathrooms. It has been listed on Rocket Homes since June 21, 2024 and is currently priced at $342,500.

In October 2024, from all listings sold in Portland, OR there were more than 298 sold above asking price, over 339 sold below and more than 212 were sold right at the asked price. In October 2024 in Portland, OR there were 4.2% more homes for sale than in September 2024. Listings spent 48 days on the market in October 2024, and had a median list price of $541,309 during the same period.

From Rocket Homes Real Estate and based on county public records data.

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