2333 SE 40TH AVE Portland, OR $ 825,000
2333 SE 40TH AVE
$ 825,000
Recently Listed
Open House 9/6 12pm - 2pm
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2333 SE 40TH AVE

Portland, OR, 97214
$ 825,000
Bedrooms4 Baths2.0 Sq 2,540

Monthly Estimate*

$ 5,209

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Single Family Home for sale in Portland, OR

for $825,000 with 4 bedrooms and 2 full baths. This 2,540 square foot home was built in 1942 on a lot size of 0.12.

Ideally located in the heart of Richmond, just moments from the vibrant Division and Hawthorne districts, this extensively remodeled home offers the perfect balance of Portland character and modern living. Gated off street parking, rare R2.5 zoning, a potentially dividable corner lot, and city approved plans for a detached two car garage with future upper level living space offer exceptional flexibility and future development potential, including ADU possibilities (buyer to perform all due diligence).Expansive black framed windows fill the home with natural light. Original hardwood floors extend throughout the main living areas, while the completely remodeled open kitchen features ceiling height designer cabinetry, granite countertops, an oversized island, abundant storage, and effortless flow into the living and dining areas. The updated bathrooms feature refined finishes. All appliances are included, making your move that much easier.The spacious primary bedroom lives like its own private suite, complete with a skylight, walk in closet, and potential for a private bathroom.The fully finished lower level features a spacious family room with a wet bar, full bathroom, egress window, generous storage, and a fourth bedroom or flexible space for guests, multigenerational living, home offices, or hobbies. Its separate entrance and thoughtful layout make it ideal for extended stays, independent living, or hosting family and guests.A fully fenced backyard and gated parking provide room for multiple vehicles, RVs, boats, or recreational equipment.Conveniently located near neighborhood parks and Mount Tabor, this home offers the perfect combination of location, versatility, and modern living in one of Portland's most sought after neighborhoods. [Home Energy Score = 2. HES Report at https://rpt.greenbuildingregistry.com/hes/OR10239426]

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Open House

9/6/2026 12:00 PM - 2:00 PM
2333 SE 40TH AVE Portland, OR
* Some states or local ordinances may prohibit Open Houses at this time, please confirm with your Weichert agent or local rep to confirm

Single Family Active

Price

$ 825,000

Bedrooms

4

Full Bath

2

Property Type

Single Family

Taxes

$ 5,498

Style

Bungalow,MidCenturyModern

Lot Size

0.12

Year Built

1942

Town/City

Portland

County/Region

Multnomah

MLS | Web ID

176208294

Features
Interior
Interior Amenities ConcreteFloor DualFlushToilet Granite HardwoodFloors Laundry Quartz Skylight TileFloor WalltoWallCarpet WoodFloors
Basement ExteriorEntry Finished FullBasement
Total Fireplaces 2
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 CentralAir
Roof Composition
Appliances CookIsland Dishwasher Disposal DownDraft FreeStandingGasRange FreeStandingRefrigerator GasAppliances Granite Island Pantry PlumbedForIceMaker PotFiller RangeHood StainlessSteelAppliance Tile
Zoning R2.5
Garage Spaces 0
Architectural Style Bungalow MidCenturyModern
Year Built 1942
Stories Count 3
Property Subtype SingleFamilyResidence
Tax Year 2025
Parcel Number R184107
Accessibility MainFloorBedroomBath MinimalSteps NaturalLighting Parking WalkinShower
County Multnomah
Property Type Residential
HOA N
Subdivision Name RICHMOND / DIVISION
Full Baths 2
Status Active
Directions SE Cesar Chavez to SE Caruthers to SE 40th
High School Franklin
City Portland
Disclosures Disclosure
MLS Area _143
Lot Size Square Feet 5227.0
Listing Terms Cash Conventional FHA VALoan
Elementary School Glencoe
Tax Annual Amount 5498.34
Middle/Junior High School Mt Tabor
Property Condition UpdatedRemodeled
Virtual Tour https://my.matterport.com/show/?m=MRB4uA9edMA&mls=1
Standard Status Active
Accessory Dwelling Unit Y/N N
Legal Description HOWES ADD BLOCK 3 LOT 6
ADU False
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Exterior
Exterior Amenities Fenced Patio RVParking RVBoatStorage Yard
Parking Features Driveway RVAccessParking
Lot Features Gated Level
Water Source PublicWater
Total Parking 0
Exterior Description LapSiding
Foundation Details ConcretePerimeter
Building Area Total 2540.0
Lot Size Acres 0.12
Road Surface Type Paved
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Internal Only
Street Number 1 2333
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* Excluded Features
List By
Premiere Property Group, Llc

Broker

kristina@yourlifestyleliving.com

Email

Affordability Calculator

$5,667
Per Month
92%
8%
0%
Monthly Principal & Interest
$5,209
Monthly Property Taxes
$458
Monthly Home Insurance
--
Default based on a 30-year fixed rate of 6.49% 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
1951009 Elementary School
1948940 Middle School
Franklin High School High School
Pricing History
DatePricePrice ChangeDescription
9/4/2026$825,000 Listed Price

Map


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2333 SE 40TH AVE, Portland, OR, 97214 is a Single Family Home for sale at $825,000 with 2,540 sqft and a lot size of 0.12. 2333 SE 40TH AVE has 4 bedrooms, 2.0 baths, and was built in 1942. The property's zip code is 97214 which is in Portland, OR