photo 1: 4531 SE 40TH AVE, Portland OR 97202

Listing courtesy of Like Kind Realty.

Pending

4531 SE 40TH AVE, Portland OR 97202

$525,000

Price

3

Beds

4

Baths

1,869

Sq. Ft.

Quiet and private urban townhome offers spacious living, pleasant views and convenience to prime cafes and shops. Two treehouse-like decks expand living space with east/west views. Two en-suite bedrooms with walk-in closets on the upper floor, plus a separate ground-floor two-room suite, support multigenerational living. The ground floor unit, currently a popular, licensed, short-term rental, which netted $24,800 in 2024, is being sold turnkey and fully furnished. Upgrades include hardwood floors throughout the two upper floors, custom built-in bookcases, and unpainted cedar trim. With a single car garage, off-street parking, and fenced-in backyard, this versatile townhome is an ideal, low maintenance, single family home alternative. Recent updates include a new furnace (2024), fresh paint inside and out (2021), new refrigerator, range, kitchen sink, washroom sink, washer/dryer and updated light fixtures (2020). Neighborhood favorites include Trader Joes, Keeper Coffee, Cafe Rowan. Convenient to Reed College, Woodstock, and Creston Pool. No HOA or dues! [Home Energy Score = 6. HES Report at https://rpt.greenbuildingregistry.com/hes/OR10236754]

Listing Type

Residential

Property Type

Attached

Built Year

1999

Levels

3

Price/Sqft

--

Lot Size Acre

0.04

Status

Pending

Days on Realoq

5

Living Area

1,869 Sq. Ft.

Lot Size Sqft

1,742 Sq. Ft.

Location

Fireplace
  • Yes
Fireplace Features
  • Gas
Interior Features
  • GarageDoorOpener, SeparateLivingQuartersApartmentAuxLivingUnit, WasherDryer, WoodFloors
Cooling Features
  • CentralAir
Heating Features
  • ForcedAir
Appliances
  • Dishwasher, FreeStandingGasRange, StainlessSteelAppliance
Agent

Natalie Strom

Brokerage

Like Kind Realty

Source AOR

Multnomah

Listing ID #

407253216

Possession

CloseOfEscrow

This content last updated on 04/01/2025 10:44 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 04/01/2025 10:44 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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