5017 SE 40th Ave, Portland, OR 97202

Local realty services provided by:Better Homes and Gardens Real Estate Equinox
5017 SE 40th Ave,Portland, OR 97202
$675,000
  • 4 Beds
  • 2 Baths
  • 1,840 sq. ft.
  • Single family
  • Active
Listed by: noah kirshbaum
Office: keller williams realty portland premiere
MLS#:540311485
Source:PORTLAND

Price summary

  • Price:$675,000
  • Price per sq. ft.:$366.85

About this home

Beautifully refreshed corner-lot duplex with two stylish, move-in-ready units. The upper 3 bed / 1 bath features large rooms, updated kitchen, living room with cozy wood-burning fireplace and generous storage, while the lower 1 bed / 1 bath offers the same modern comfort and efficiency. Both units include AC and heat units, updated kitchens with newer appliances and in-unit laundry, and each residence enjoys its own separately fenced, landscaped yard for privacy and outdoor living. Walking distance to Reed College and Woodstock’s cafés, markets, and parks, with multiple nearby bus lines for easy commuting. Currently tenant-occupied, purchase as your own or we are offering stability with excellent long-term, mid-term, or rental versatility—buyer to verify use options. [Home Energy Score = 5. HES Report at https://rpt.greenbuildingregistry.com/hes/OR10206804]

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Home facts

  • Year built:1954
  • Listing ID #:540311485
  • Added:53 day(s) ago
  • Updated:December 30, 2025 at 12:18 PM

Rooms and interior

  • Bedrooms:4
  • Total bathrooms:2
  • Full bathrooms:2
  • Living area:1,840 sq. ft.

Heating and cooling

  • Cooling:Air Conditioning Ready
  • Heating:Forced Air

Structure and exterior

  • Roof:Composition
  • Year built:1954
  • Building area:1,840 sq. ft.
  • Lot area:0.11 Acres

Schools

  • High school:Cleveland
  • Middle school:Lane
  • Elementary school:Woodstock

Utilities

  • Water:Public Water
  • Sewer:Public Sewer

Finances and disclosures

  • Price:$675,000
  • Price per sq. ft.:$366.85
  • Tax amount:$5,852 (2024)
MLS LogoAll information provided is deemed reliable but is not guaranteed and should be independently verified. The 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 brokerage firms other than Better Homes and Gardens Real Estate Equinox are marked with the RMLS logo and detailed information about these properties includes the names of the listing brokers. Copyright 2025 RMLS, Portland, Oregon. Last updated: December 30, 2025

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