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Updated over 1 month ago
Contact property manager for current availability

Beautifully Updated Condo In Multnomah Village - 3...


7937 SW 40th Ave Unit E Portland, OR

Bed
Bath
3 Beds • 2 Bath
$2,699
1160 ft2
0 Available
Managed By: Prop M, Inc
-
$2,699
Rented
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Where you'll live
Street View
Map View
Satellite View
Amenities
Fireplace
Garbage Disposal
Fees & leasing info
Pets
Dogs Ok
Cats Ok
Property details
Description

**OPEN APPLICATION PERIOD BEGINS 05.03.2025 AT 5PM! IF APPLYING BEFORE THE TIME, THE CITY OF PORTLAND STATES YOU WILL BE PENALIZED 8 HOURS FROM APPLYING.**
*Dream home alert! Homes are flying off the market, so we recommend applying before viewing to snag your spot in line. To speed up approval, gather and submit all documents upfront. Due to high demand, we're only able to offer one in-person showing per potential tenant—so pick your favorite! Most of our listings include virtual tours, so you can preview homes online, and we suggest driving by to check out the neighborhood before scheduling your showing. Have questions? Call our office for help!*
Neighborhood:
Your home in the charming Multnomah Village neighborhood offers the perfect blend of small-town feel and urban convenience. Known for its walkable streets, artisan coffee shops, unique boutiques, and community-focused events, Multnomah Village radiates warmth and character. You're just minutes from Gabriel Park, local farmers markets, and beloved neighborhood eateries like Marco’s Café and John's Marketplace. Easy access to downtown Portland, I-5, and public transit make commuting and exploring the city effortless—while still enjoying the peaceful, tree-lined setting of this close-knit community.
Living Area:
Step into a space like no other—bright, open, and bursting with personality. Beautiful light bamboo floors extend throughout the living area, complemented by modern baseboards and crown molding. Bold, custom murals add an artistic touch that makes this home one-of-a-kind. A cozy fireplace anchors the living room, perfect for relaxed evenings or lively gatherings.
Kitchen:
Modern meets function in this sleek, all-white kitchen featuring stylish cabinetry, stainless steel appliances, and quartz countertops. Ample built-in shelving offers bonus storage, while a moveable island adds flexibility for food prep or casual dining. Your stainless steel appliances include a refrigerator/freezer, electric oven/stove, dishwasher, and a microwave.
Bedroom/Bathroom:
This home offers three unique and spacious bedrooms, each with its own flair—including bold accent walls and natural light pouring through large windows. The primary suite is complete with an en-suite bathroom featuring updated tile, a walk-in shower with designer fixtures, and ample shelving. Secondary bedrooms are generously sized and adjacent to another full, beautifully remodeled bathroom.
Exterior/Parking:
Enjoy your private balcony overlooking the peaceful, tree-lined community—perfect for morning coffee or quiet evenings. Your balcony also features an attached storage room. Two covered parking spaces are included, and you have access to the community swimming pool/hot tub.
Available for a minimum one-year lease with the option to renew.
Rental Criteria: https://www.propmhomes.com/rental-criteria
Utilities Included: Water/Sewer and Garbage.
Utilities you are responsible for: Electric, Gas, and Cable/Internet.
Washer and Dryer are Included in this Rental.
Heating Source: Electric Cadet
Cooling Source: N/A
*Heating and Cooling Sources must be independently verified by the applicant before applying! Homes are not required to have A/C.*
Bring your fur babies! Your home allows for two pets, dogs or cats. Pet Rent is $40 a month per pet and an additional $500 Security Deposit per pet.
Elementary School: Maplewood
Middle School: Jackson
High School: Ida B. Wells
*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 over 1 month ago
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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Photos Floor Plans Amenities
Rent report

If you upsized to an average priced Portland 4 bedroom apartment, you would pay 35% more per month.

If you downsized to an average priced Portland 2 bedroom apartment, you would pay 35% less per month.

Monthly Rent Rent per Sq. Ft. Suggested
Monthly Income
Portland Average
Studio $1,203 $3.00 $3,608
1BR $1,485 $2.40 $4,456
2BR $1,827 $2.10 $5,482
3BR $2,470 $1.80 $7,411
4BR $3,772 $1.60 $11,317

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 1,841 1BR units on the market in Portland. If you're looking to negotiate, this may be your best option.

Studio
1BR
2BR
3BR
4BR
24% 37% 31% 7% 2%
Available Units in Portland
Studio 1,210
1BR 1,841
2BR 1,538
3BR 334
4BR 77
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?
No. This property is not currently accepting new tenants.
Does this property allow cats or dogs?
This property allows tenants to keep cats and dogs.
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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