photo 1: 4511 SE 40TH AVE SE, Portland OR 97202

Listing courtesy of Berkshire Hathaway HomeServices NW Real Estate.

Active

4511 SE 40TH AVE SE, Portland OR 97202

$639,991

Price

-

Beds

-

Baths

2,045

Sq. Ft.

Price improvement don’t miss out on this incredible opportunity for this amazing property! Exceptional investment opportunity of this duplex, qualifies for special financing if owner occupied! This fully remodeled property features both a stunning main residence and a separate ADU (Accessory Dwelling Unit) with proven Airbnb rental history averaging $2,000 monthly over 3+ years. Main Residence Highlights-Modernized kitchen featuring new appliances, tile countertops, and freshly painted gray cabinets- Elegant upgrades including custom light fixtures, new electrical switches and outlets throughout- Fresh two-tone paint on walls and ceilings- Durable laminate vinyl plank flooring and 6' baseboards- Smart thermostat and new AC system- Two spacious bedrooms, including primary suite with dual walk-in closets- New covered deck with custom design-Professional landscaping- Full perimeter fencing with new concrete walkways- Superior insulation: R-60 in attic and new crawl space coverage- Oversized one-car garage. ADU Features:- Complete one-bedroom unit- Full kitchen with stove, microwave, and refrigerator- Bedroom. walk in closet-bathroom. This thoughtfully renovated property combines modern amenities with proven income potential, making it an attractive investment opportunity.

Listing Type

Multifamily

Property Type

--

Built Year

1999

Levels

2

Price/Sqft

--

Lot Size Acre

0.06

Status

Active

Days on Realoq

36

Living Area

2,045 Sq. Ft.

Lot Size Sqft

2,613 Sq. Ft.

Location

Fireplace
  • No
Cooling Features
  • CentralAir
Heating Features
  • ForcedAir
Agent

John Goodnight

Brokerage

Berkshire Hathaway HomeServices NW Real Estate

Source AOR

Multnomah

Listing ID #

348523201

Possession

CloseOfEscrow

This content last updated on 03/28/2025 04:46 PM. Some properties which appear for sale on this web site may subsequently have sold or may no longer be available.

The content relating to real estate for sale on this web site comes in part from the IDX program of the RMLS of Portland, Oregon. Real estate listings held by brokerage firms other than Realoq Inc. are marked with the RMLS logo, and detailed information about these properties includes the names of the listing brokers. Listing content is copyright © 2025 RMLS, Portland, Oregon.

All information provided is deemed reliable but is not guaranteed and should be independently verified.

This content last updated on 03/28/2025 03:47 PM. Some properties which appear for sale on this web site may subsequently have sold or may no longer be available.

Listing content is © 2025 RMLS, Portland, Oregon.

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