4825 NE 40TH AVE Portland, OR $ 550,000
4825 NE 40TH AVE
$ 550,000
Share Save

4825 NE 40TH AVE

Portland, OR, 97211
$ 550,000
Bedrooms2 Baths1.1 Sq 1,718

Monthly Estimate*

$ 3,386

4825 NE 40TH AVE, Portland, OR 97211 - Image 1
4825 NE 40TH AVE, Portland, OR 97211 - Image 2
4825 NE 40TH AVE, Portland, OR 97211 - Image 3
4825 NE 40TH AVE, Portland, OR 97211 - Image 4
4825 NE 40TH AVE, Portland, OR 97211 - Image 5
4825 NE 40TH AVE, Portland, OR 97211 - Image 6
4825 NE 40TH AVE, Portland, OR 97211 - Image 7
4825 NE 40TH AVE, Portland, OR 97211 - Image 8
4825 NE 40TH AVE, Portland, OR 97211 - Image 9
4825 NE 40TH AVE, Portland, OR 97211 - Image 10
4825 NE 40TH AVE, Portland, OR 97211 - Image 11
4825 NE 40TH AVE, Portland, OR 97211 - Image 12
4825 NE 40TH AVE, Portland, OR 97211 - Image 13
4825 NE 40TH AVE, Portland, OR 97211 - Image 14
4825 NE 40TH AVE, Portland, OR 97211 - Image 15
4825 NE 40TH AVE, Portland, OR 97211 - Image 16
4825 NE 40TH AVE, Portland, OR 97211 - Image 17
4825 NE 40TH AVE, Portland, OR 97211 - Image 18
4825 NE 40TH AVE, Portland, OR 97211 - Image 19
4825 NE 40TH AVE, Portland, OR 97211 - Image 20
4825 NE 40TH AVE, Portland, OR 97211 - Image 21
4825 NE 40TH AVE, Portland, OR 97211 - Image 22
4825 NE 40TH AVE, Portland, OR 97211 - Image 23
4825 NE 40TH AVE, Portland, OR 97211 - Image 24
4825 NE 40TH AVE, Portland, OR 97211 - Image 25
4825 NE 40TH AVE, Portland, OR 97211 - Image 26
4825 NE 40TH AVE, Portland, OR 97211 - Image 27
4825 NE 40TH AVE, Portland, OR 97211 - Image 28
4825 NE 40TH AVE, Portland, OR 97211 - Image 29
4825 NE 40TH AVE, Portland, OR 97211 - Image 30
4825 NE 40TH AVE, Portland, OR 97211 - Image 31
4825 NE 40TH AVE, Portland, OR 97211 - Image 32
4825 NE 40TH AVE, Portland, OR 97211 - Image 33
4825 NE 40TH AVE, Portland, OR 97211 - Image 34
4825 NE 40TH AVE, Portland, OR 97211 - Image 35
4825 NE 40TH AVE, Portland, OR 97211 - Image 36
4825 NE 40TH AVE, Portland, OR 97211 - Image 37
4825 NE 40TH AVE, Portland, OR 97211 - Image 38
4825 NE 40TH AVE, Portland, OR 97211 - Image 39
4825 NE 40TH AVE, Portland, OR 97211 - Image 40
4825 NE 40TH AVE, Portland, OR 97211 - Image 41
4825 NE 40TH AVE, Portland, OR 97211 - Image 42
4825 NE 40TH AVE, Portland, OR 97211 - Image 43
4825 NE 40TH AVE, Portland, OR 97211 - Image 44
4825 NE 40TH AVE, Portland, OR 97211 - Image 45
4825 NE 40TH AVE, Portland, OR 97211 - Image 46
4825 NE 40TH AVE, Portland, OR 97211 - Image 47
4825 NE 40TH AVE, Portland, OR 97211 - Image 48

Single Family Home for sale in Portland, OR

for $550,000 with 2 bedrooms and 1 full bath, 1 half bath. This 1,718 square foot home was built in 1942 on a lot size of 0.12.

Set on a quiet, tucked-away street in the heart of the Alberta Arts neighborhood, this 1940s charmer blends timeless character with thoughtful updates and beautiful natural light throughout. Inside, the home feels warm and welcoming, with coved ceilings, picture rail molding, hardwood floors, and a classic fireplace. Large windows fill the space with light, while the open living, dining, and kitchen areas make everyday living and entertaining feel easy and connected. Recent updated include fresh interior paint, beautifully refinished oak floors, a new high-efficiency furnace and A/C, and updated kitchen appliances. Flexible spaces throughout offer endless possibilities. Large “room” behind the extra-deep garage has been used as an art studio with beautiful north-facing light and could also serve as a workshop, gym, home office, or additional parking. The full basement is bright, dry, and comfortable year-round, offering great potential for future expansion- more bedrooms, a home office, creative space, or ADU. The backyard is a true sanctuary—private, peaceful, and surrounded by mature landscaping. Heritage roses, blooming camellias, and a stunning native dogwood create a lush setting, while garden beds offer space to grow flowers and vegetables. A sweet garden shed and Japanese-style fence add to the charm. Step out your front door and you’re just moments from Alberta, 42nd, New Seasons, Pizza Jerk, Oakshire Brewing, and neighborhood parks. All of this on a peaceful non-through street with a strong sense of community, an annual block party, and a beloved little free library out front. Welcome home.

See more

Single Family Pending

Price

$ 550,000

Bedrooms

2

Full Bath

1

Half Bath

1

Property Type

Single Family

Taxes

$ 5,304

Style

Stories2

Lot Size

0.12

Year Built

1942

Town/City

Portland

County/Region

Multnomah

MLS | Web ID

458434920

Features
Interior
Interior Amenities HardwoodFloors WasherDryer
Basement FullBasement
Total Fireplaces 1
Fireplace Features WoodBurning
Hot Water Electricity
Total Bathrooms 1.1
Total Bedrooms 2
Total Baths 2
1/2 Baths 1
See more
General
Sewer PublicSewer
Heating ForcedAir
Cooling CentralAir
Roof Composition
Appliances Dishwasher FreeStandingGasRange FreeStandingRefrigerator
Garage Spaces 1.0
Architectural Style Stories2
Year Built 1942
Stories Count 2
Property Subtype SingleFamilyResidence
Tax Year 2025
Parcel Number R171103
County Multnomah
Property Type Residential
HOA N
Full Baths 1
Status Pending
Directions Alberta Court to NE 40th
High School Leodis McDaniel
City Portland
Disclosures Disclosure
MLS Area _142
Lot Size Square Feet 5227.0
Listing Terms Cash Conventional FHA
Elementary School Vernon
Tax Annual Amount 5304.64
Middle/Junior High School Vernon
Property Condition Resale
High School 2 Jefferson
Standard Status Pending
Accessory Dwelling Unit Y/N N
Legal Description GOING ST ADD BLOCK 3 LOT 3
ADU False
See more
Exterior
Exterior Amenities Fenced Garden ToolShed Yard
Parking Features Driveway OnStreet
Lot Features Level Private
Water Source PublicWater
Total Parking 1.0
Garage Type Attached
Exterior Description VinylSiding
Building Area Total 1718.0
Lot Dimensions 50 x 100
Lot Size Acres 0.12
See more
Internal Only
Street Number 1 4825
See more
* Excluded Features
List By
Windermere Realty Trust

Broker

503-784-3810

Contact

Affordability Calculator

$3,828
Per Month
88%
12%
0%
Monthly Principal & Interest
$3,386
Monthly Property Taxes
$442
Monthly Home Insurance
--
Default based on a 30-year fixed rate of 6.25% 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.
Learn more about how to save

Discover how much house you can afford

Your dream home may be within reach.

Learn More about how to save

The time to sell is now
THE TIME TO SELL IS NOW! What's my home worth?
Nearby
5375103 Elementary School
5375102 Middle School
Leodis McDaniel High School High School
Pricing History
DatePricePrice ChangeDescription
4/2/2026$550,000 Listed Price

Map


See all

4825 NE 40TH AVE, Portland, OR, 97211 is a Single Family Home for sale at $550,000 with 1,718 sqft and a lot size of 0.12. 4825 NE 40TH AVE has 2 bedrooms, 1.1 baths, and was built in 1942. The property's zip code is 97211 which is in Portland, OR