5017 SE 40th Ave, Portland, OR 97202
Local realty services provided by:Better Homes and Gardens Real Estate Equinox
Listed by: noah kirshbaum
Office: keller williams realty portland premiere503-597-2444
MLS#:510678529
Source:PORTLAND
Price summary
- Price:$639,000
- Price per sq. ft.:$347.28
About this home
Location and versatility in the heart of Woodstock! This beautifully updated 4-bedroom, 2-bath home offers 1,840 square feet of flexible living space on a spacious corner lot in a fantastic Southeast Portland location.The main level features three bedrooms, a welcoming living room with a wood-burning fireplace, and a kitchen with beautiful quartz countertops and direct access to the spacious deck, perfect for entertaining or relaxing outdoors.The lower level offers incredible possibilities! Complete with a full kitchen featuring quartz countertops, its own furnace, and a wall-mounted AC unit, this versatile space could serve as a private primary suite, multigenerational living quarters, or a potential rental opportunity. The home has a successful history as a rental property, making it an appealing option for both homeowners and investors.Recent improvements include fresh paint, new decking materials, and updated hardware. Outside, the expansive corner lot offers plenty of room for gardening, entertaining, or exploring the possibility of an ADU or additional living space.Enjoy the convenience of being within walking distance of Woodstock’s popular restaurants, coffee shops, grocery stores, and neighborhood shopping, with many parks nearby and easy access to major bus lines. Amazing public schools within walking distance. Enjoy convenient walking access to Reed College, Sellwood, and Eastmoreland.Move-in ready with room to grow, this Woodstock property offers an exceptional combination of location, flexibility, and future potential. Seller offering a 1% up front rate buy down. Please inquire with listing agent Noah Kirshbaum. [Home Energy Score = 5. HES Report at https://rpt.greenbuildingregistry.com/hes/OR10206804]...
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Home facts
- Year built:1954
- Subdivision & Development:Woodstock
- Listing ID #:510678529
- Added:1 day(s) ago
- Updated:November 03, 2026 at 07:21 PM
Rooms and interior
- Bedrooms:4
- Total bathrooms:2
- Full bathrooms:2
- Kitchen Description:Free Standing Range, Free Standing Refrigerator, Quartz, Range Hood
- Basement Description:Daylight, Finished
- 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
- Lot Features:Corner Lot, Gentle Sloping, Level
- Architectural Style:Daylight Ranch, Mid Century Modern
- Exterior Features:Covered Deck, Covered Patio, Cross Fenced, Deck, Fenced, Garden, Patio, Porch, Yard
- Foundation Description:Slab, Stem Wall
- Levels:2 Stories
Schools
- High school:Cleveland
- Middle school:Brentwood
- Elementary school:Woodstock
Utilities
- Water:Public Water
- Sewer:Public Sewer
Finances and disclosures
- Price:$639,000
- Price per sq. ft.:$347.28
- Tax amount:$6,070 (2025)
Features and amenities
- Laundry features:Washer/Dryer
- Amenities:Ceiling Fan, Double Pane Window(s), Hardwood Floors, High Speed Internet, Laundry, Vinyl Frame Windows, Wood Floors
Parking
- Parking description:Carport, Driveway
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