5523 SE 40TH AVE, Portland, OR 97202

  • $525,000

Overview

  • 2
    Bedrooms
  • 2
    Bathrooms
  • 1526 Sqft
    Property Size
  • 1920
    Year Built
  • SingleFamilyResidence, Residential
    Property Type
  • 497514717
    MLS#
  • 0.12 Acres
    Land Area
  • MORE Realty
    Office Name
  • Tom Portlock
    Agent Name

Description

Uniquely designed and incredibly chic European inspired “cabin-style” 1 bedroom home with additional 1 bedroom newly renovated living unit offering extra income opportunity! This super cool home feels like your own private tree-house with ultra-privacy and West Hills sunset views! An array of windows and skylights flood the home with natural light, and the mantled fireplace brings cozy warm winter nights to life! Located on a quiet and lush dead-end street in the coveted and conveniently close-in Woodstock/Reed College neighborhood. The huge attached covered decks on each floor offer valuable and fun year-round outdoor living space options. The main home features high vaulted natural-wood ceilings with skylights throughout to give this home hard to match bright and airy environment. Outstanding custom built-ins galore allow ultimate personalization and storage options throughout the home. A very bright and open-air kitchen is loaded with cabinet and pantry storage, and maximum counter top space with eating bar that is ideal for cooking and gathering. Beautiful ceramic tile and granite kitchen countertops and tiled bathtub/shower add even more custom appeal. The 1 bedroom living space in the walk-out lower level was newly constructed in 2025 with a current $1,700 month-to-month rental income. Other recent upgrades include a mini-split HVAC in 2023, new roof in 2023, new sewer line in 2022, and a new radon system in 2024. All Appliances, including a Wolf Professional Gas Range, are being offered with the home as well! This is truly unique and rare gem of a home awaits you!

Details

Updated on September 2, 2026 at 4:09 pm
  • MLS# 497514717
  • Price $525,000
  • Property Size 1526 Sqft
  • Land Area 0.12 Acres
  • Bedrooms 2
  • Bathrooms 2
  • Garage Size x x
  • Year Built 1920
  • Property Type SingleFamilyResidence, Residential
  • Property Status Active
  • Office Name MORE Realty
  • Agent Name Tom Portlock
  • Office Phone 503-353-6673

Additional details

  • Listing Terms Cash, Conventional
  • Roof Composition
  • Sewer Public Sewer
  • Cooling Mini Split
  • Heating Forced Air
  • County Multnomah
  • Property Type Residential
  • Parking On Street
  • Elementary School Woodstock
  • Middle School Lane
  • High School Cleveland
  • Architectural Style Cabin, Daylight Ranch

Walkscore

Mortgage Calculator

Contact Information

Inquire About This Property

0 Review

Sort by:
Leave a Review

Leave a Review

Similar Listings

Disclaimer (Because Lawyers Are Fun):
RMLS The listings you see here are pulled from the RMLS IDX feed and are meant exclusively for your personal, non-commercial snooping pleasure. You can’t use this info to build a Zillow clone, stalk your ex’s new house, or anything shady. It’s just here to help you find your next place to live. The data is considered reliable, but let’s be real—mistakes happen, and RMLS doesn’t guarantee it's 100% accurate. Double-check the details before you fall in love with that “3-bedroom charmer” that turns out to be a 1-bedroom with a sketchy garage conversion. IDX information is provided exclusively for consumers’ personal, non-commercial use, it may not be used for any purpose other than to identify prospective properties consumers may be interested in purchasing, data is deemed reliable but is not guaranteed accurate by RMLS. All information provided is deemed reliable, but is not guaranteed and should be independently verified.

Compare listings

Compare