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Updated 3 hours ago

Beautifully Updated Condo In Multnomah Village - 3...


7937 SW 40th Ave Unit E Portland, OR

3 Bed
2 Bath

1,160 Sq. Ft.

Available starting Jun. 21st
3 Beds • 2 Bath
$2,699
1160 ft2
1 Available
Managed By: Prop M, Inc
-
$2,699
Available Jun 21st, 2026
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Amenities
Fireplace
Garbage Disposal
Fees & leasing info
Pets
Dogs Ok
Cats Ok
Property details
Description

Love Where You Live. Apply Today, Tour Tomorrow.
Welcome home to the heart of Multnomah Village, one of Southwest Portland’s most beloved neighborhoods. Enjoy the perfect mix of community charm and city convenience with walkable streets, cozy coffee shops, local boutiques, and popular neighborhood dining just moments from your door. Spend weekends exploring Gabriel Park, browsing nearby farmers markets, or enjoying the peaceful, tree-lined surroundings that make this area so special. With quick access to downtown Portland, I-5, and public transit, commuting and exploring the city couldn’t be easier.
Thing's You'll Love:
-Bright and open living space with beautiful bamboo flooring throughout
-Custom murals and artistic accents create a truly one-of-a-kind home
-Cozy fireplace perfect for relaxing evenings and entertaining guests
-Modern kitchen with sleek white cabinetry and quartz countertops
-Stainless steel appliances including refrigerator, electric oven/stove, dishwasher, and microwave
-Ample built-in shelving and storage throughout the home
-Spacious bedrooms with large windows and bold accent walls
-Primary suite featuring an updated en-suite bathroom with designer tile and walk-in shower
-Beautifully remodeled secondary bathroom with modern finishes
-Private balcony with an attached storage space
-Two covered parking spaces included
-Community swimming pool and hot tub access included
Smart Application Process:
-Apply online, fast, secure, and mobile-friendly
-One in-person tour per renter due to high demand
-Virtual tours often available, ask for a link
-Boost your approval chances by submitting all documents upfront
-Home available for move-in 10 days after approved application
Utilities & Lease Info:
-Included: Water/Sewer and Garbage
-Tenant Covers: Electric, Gas, and Internet/Cable
-Washer/Dryer: Included
-Heating: Electric Cadet
-Cooling: N/A
-Pets: Two pets allowed (dogs or cats) - $40/month per pet + $500 additional deposit
*Tenant responsible for $150 Move in/out fee to HOA, must schedule all moves with HOA in advance*
Schools:
-Maplewood Elementary School
-Jackson Middle School
-Ida B. Wells High School
Why Renters Love Us:
-Open 365 days and Answer our telephone 24 hours a day
-Electronic Move Ins, High Tech, Paperless, Mobile App, and more
-Our carpets are cleaned using a combination of eco-friendly products, cutting-edge equipment and 230 degree steam to eliminate bacteria and allergens for a healthier living space
-7 day a week maintenance service
-73% of renters who love their maintenance team, stay longer
-7 day a week showings, fits your schedule
-Improve your credit score with each on-time payment, lowering the interest rate you will pay on loans
-88% care about reviews, so we work hard to earn them
*We answer phones 24/7 and won’t ghost you like that bad Hinge date: Use code GHOST to schedule a priority showing!*
Ready to schedule a tour or apply?
-View our Rental Criteria here: https://www.propmhomes.com/rental-criteria
-Questions? Call us. We’re here 365 days a year.
-Email us! propmhomes-7937-sw-40th-avenue-unit-e@appfolioleads.com
Disclaimer: All information, regardless of source, is not guaranteed and should be independently verified. Including paint, flooring, square footage, amenities, and more. This home may have an HOA/COA which has additional charges associated with move-in/move-out. Tenant(s) would be responsible for verification of these charges, rules, as well as associated costs. Applications are processed first-come, first-served. All homes have been lived in and are not new. The heating and cooling source needs to be verified by the applicant. Square footage may vary from website to website and must be independently verified. Please confirm the year the home was built so you are aware of the age of the home. A lived-in home will have blemishes, defects, and more. Homes are not required to have A/C. Please verify status before viewing/applying.

Additional Details
Total Unit Count: 1
Last Updated: Updated 3 hours ago
Contact Number: (503) 395-7055
Internet Providers
Provider Max Download Speed (Mbps) Max Upload Speed (Mbps)
ViaSat, Inc. 100.0 3.0
Hughes Network Systems, LLC 25.0 3.0
CenturyLink, Inc. 15.0 0.75
VSAT Systems, LLC 2.0 1.3
Data from June 2020 provided by the FCC
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Affordability
To comfortably afford an apartment, we recommend having at least three times your monthy rent in gross household income.
View suggested annual incomes for Beautifully Updated Condo In Multnomah Village - 3 Bedrooms! by bedroom type below.
3 Bedroom
Suggested income:
$97,200
per year
Rent report

Beautifully Updated Condo In Multnomah Village - 3 Bedrooms! Rent vs. Portland Average

 Beautifully Updated Condo In Multnomah Village - 3 Bedrooms!      Portland Average
3BR
$2,699
$2,479
$0
$900
$1,800
$2,700
$3,600

Beautifully Updated Condo In Multnomah Village - 3 Bedrooms! is asking 9% more than the average 3 bedroom apartment in Portland.

If you upsized to an average priced Portland 4 bedroom apartment, you would pay 41% more per month.

If you downsized to an average priced Portland 2 bedroom apartment, you would pay 31% less per month.

Beautifully Updated Condo In Multnomah Village - 3 Bedrooms! provides 10% less square footage than the average Portland 3 bedroom apartment.

Monthly Rent Rent per Sq. Ft. Suggested
Monthly Income
Beautifully Updated Condo In Multnomah Village - 3 Bedrooms!
3BR $2,699 $2.30 $8,097
Portland Average
Studio $1,208 $2.90 $3,623
1BR $1,492 $2.40 $4,475
2BR $1,895 $2.10 $5,686
3BR $2,479 $1.90 $7,437
4BR $4,178 $1.80 $12,533

Availability in Portland

In order to find the best deal, you need to know what types of units are available. Property managers may be willing to give concessions if they have many vacant units.

There are currently 1,738 1BR units on the market in Portland. If you're looking to negotiate, this may be your best option.

Studio
1BR
2BR
3BR
4BR
25% 38% 30% 6% 1%
Available Units in Portland
Studio 1,127
1BR 1,738
2BR 1,364
3BR 284
4BR 41
Location
Nearby Colleges
Nearby Hospitals
Name Distance
Portland Va Medical Center 2.7 mi.
Ohsu Transplant Hospital 2.73 mi.
Ohsu Hospital And Clinics 2.73 mi.
Nearby Fire Stations
Name Distance
Vermont Fire Protection District 1.0 mi.
Hillsdale Fire Protection District 1.02 mi.
City Of Garibaldi Fire Department 1.91 mi.
FAQs
Is this property currently leasing units?
Yes, there is 1 unit available at this property.
How many units are move-in ready in the next 2 months?
This property has 1 unit available for move-in on June 21, 2026.
What's the square footage of the available units?
It's 1,160 square feet.
Does this property allow cats or dogs?
This property allows tenants to keep cats and dogs.
How many bedrooms are in the available units?
There are 3 bedroom units available.
How many bathrooms are in the available units?
There are 2 bathroom units available.
What's the monthly rent at this property?
Beautifully Updated Condo In Multnomah Village - 3 Bedrooms! has a 3 bedroom unit starting at $2,699.
Where is this property located?
This property is at 7937 SW 40th Ave Unit E in Portland, OR. It's 4.4 miles southwest from the center of Portland.
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