5017 SE 40TH AVE Portland, OR $ 675,000
5017 SE 40TH AVE
$ 675,000
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5017 SE 40TH AVE

Portland, OR, 97202
$ 675,000
Bedrooms4 Baths2.0 Sq 1,840

Monthly Estimate*

$ 4,211

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Single Family Home for sale in Portland, OR

for $675,000 with 4 bedrooms and 2 full baths. This 1,840 square foot home was built in 1954 on a lot size of 0.11.

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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Single Family Active

Price

$ 675,000

Bedrooms

4

Full Bath

2

Property Type

Single Family

Taxes

$ 5,851

Style

DaylightRanch,MidCenturyModern

Lot Size

0.11

Year Built

1954

Town/City

Portland

County/Region

Multnomah

MLS | Web ID

540311485

Features
Interior
Interior Amenities CeilingFan HardwoodFloors Laundry SeparateLivingQuartersApartmentAuxLivingUnit
Basement Daylight Finished
Total Fireplaces 1
Fireplace Features WoodBurning
Hot Water Gas
Window Features DoublePaneWindows VinylFrames
Total Bathrooms 2.0
Total Bedrooms 4
Total Baths 2
1/2 Baths 0
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General
Sewer PublicSewer
Heating ForcedAir
Cooling AirConditioningReady
Roof Composition
Appliances FreeStandingRange FreeStandingRefrigerator Quartz RangeHood
Zoning R5
Garage Spaces 0
Architectural Style DaylightRanch MidCenturyModern
Year Built 1954
Stories Count 2
Property Subtype SingleFamilyResidence
Tax Year 2024
Parcel Number R245879
Accessibility CaregiverQuarters MainFloorBedroomBath
County Multnomah
Property Type Residential
HOA N
Subdivision Name Woodstock
Full Baths 2
Status Active
Directions SE Cesar E Chavez to SE Raymond to SE 40th Ave
High School Cleveland
City Portland
Disclosures Disclosure
MLS Area _143
Lot Size Square Feet 4791.0
Listing Terms Cash Conventional FHA VALoan
Elementary School Woodstock
Tax Annual Amount 5851.93
Middle/Junior High School Lane
Property Condition Resale
Standard Status Active
Accessory Dwelling Unit Y/N N
Legal Description PORTERS ADD BLOCK 9 E 1/2 OF LOT 1&2
ADU False
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Exterior
Exterior Amenities CoveredPatio Deck Fenced Yard
Parking Features Driveway
Lot Features CornerLot Level
Water Source PublicWater
Total Parking 0
Exterior Description Brick WoodSiding
Foundation Details Slab StemWall
Building Area Total 1840.0
Lot Dimensions 4800
Lot Size Acres 0.11
Road Surface Type Paved
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Internal Only
Street Number 1 5017
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* Excluded Features
List By
Keller Williams Realty Portland Premiere

Broker

503-957-3836

Contact

Affordability Calculator

$4,699
Per Month
90%
10%
0%
Monthly Principal & Interest
$4,211
Monthly Property Taxes
$488
Monthly Home Insurance
--
Default based on a 30-year fixed rate of 6.375% with 20% down. The estimated payment is offered for convenience and is not an offer of credit. Due to market fluctuations, interest rates are subject to change at any time and without notice. Your individual rate may vary. Rates may differ for FHA, VA or jumbo loans.
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Nearby
1949320 Elementary School
1949461 Middle School
Cleveland High School High School
Pricing History
DatePricePrice ChangeDescription
12/2/2025$675,000 -3.56% Price Down
11/6/2025$699,900 Listed Price

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5017 SE 40TH AVE, Portland, OR, 97202 is a Single Family Home for sale at $675,000 with 1,840 sqft and a lot size of 0.11. 5017 SE 40TH AVE has 4 bedrooms, 2.0 baths, and was built in 1954. The property's zip code is 97202 which is in Portland, OR