2333 SE 40TH AVE, Portland, OR 97214

  • $975,000

Overview

  • 4
    Bedrooms
  • 2
    Bathrooms
  • 2540 Sqft
    Property Size
  • 1942
    Year Built
  • SingleFamilyResidence, Residential
    Property Type
  • 154257407
    MLS#
  • 0.12 Acres
    Land Area
  • Premiere Property Group, LLC
    Office Name
  • Kristina Horning
    Agent Name

Description

Timeless mid-century design reimagined with refined updates, original character, and exceptional versatility on a desirable corner lot in one of Portland’s most sought-after neighborhoods. Refinished hardwood floors, abundant natural light & black framed windows create a dramatic first impression, complemented by a crisp black-and-white exterior. Extensive improvements include new siding, roof, A/C & the convenience of dual laundry areas (main + basement), along with rare off-street RV/boat parking—an exceptional find for inner Southeast Portland.The functional layout offers two bedrooms on the main level alongside spacious living & dining areas. The open kitchen features an island, high-end granite countertops & ceiling-height designer-selected cabinetry. The fully tiled lower level—with egress window, private side entrance, full bath, bar sink, storage & flexible enclosed space—offers endless possibilities, ideal for a fourth bedroom, family room, guest quarters, multigenerational living or potential dual-living setup.Rare R2.5 zoning provides opportunity for future expansion with potential for a garage, ADU or lot split (buyer to verify). City-approved plans available for a custom 2-car garage with upper-level living space & bath; price subject to increase if built to specifications.Enjoy easy access to both Division & Hawthorne—known for award-winning dining, boutique shopping, cafés & Portland’s vibrant culture. Nearby favorites include acclaimed restaurants such as St. Jack, Ava Gene’s & more, along with proximity to Mount Tabor Park, neighborhood parks & recreation. Exceptional walkability with a Walk Score of 94, Bike Score of 99 & convenient transit access make this an unmatched urban lifestyle opportunity.

Details

Updated on June 8, 2026 at 5:42 pm
  • MLS# 154257407
  • Price $975,000
  • Property Size 2540 Sqft
  • Land Area 0.12 Acres
  • Bedrooms 4
  • Bathrooms 2
  • Garage Size x x
  • Year Built 1942
  • Property Type SingleFamilyResidence, Residential
  • Property Status Active
  • Office Name Premiere Property Group, LLC
  • Agent Name Kristina Horning
  • Office Phone 503-670-9000

Additional details

  • Listing Terms Cash, Conventional, FHA, VALoan
  • Roof Composition
  • Sewer Public Sewer
  • Cooling Central Air
  • Heating Forced Air
  • County Multnomah
  • Property Type Residential
  • Parking Driveway, RVAccess Parking
  • Elementary School Glencoe
  • Middle School Mt Tabor
  • High School Franklin
  • Architectural Style Bungalow, Mid Century Modern

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