4825 NE 40TH AVE, Portland, OR 97211

$670,000
2
BD
1
BA
1,718
SqFt

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Sold Price
$670,000
List Price
$550,000
Closing Date
Apr 28, 2026
Days on Market
27
Status
SOLD
MLS#
458434920
Bedrooms
2
Bathrooms
1
Partial Bathrooms
1
Living Area
1,718
Lot Size
5, 000 to 6, 999 SqFt
Region
Portland Northeast

Property Description

Set on a quiet, tucked-away street in the heart of the Alberta Arts neighborhood, this 1940s charmer blends timeless character with thoughtful updates and beautiful natural light throughout. Inside, the home feels warm and welcoming, with coved ceilings, picture rail molding, hardwood floors, and a classic fireplace. Large windows fill the space with light, while the open living, dining, and kitchen areas make everyday living and entertaining feel easy and connected. Recent updated include fresh interior paint, beautifully refinished oak floors, a new high-efficiency furnace and A/C, and updated kitchen appliances. Flexible spaces throughout offer endless possibilities. Large “room” behind the extra-deep garage has been used as an art studio with beautiful north-facing light and could also serve as a workshop, gym, home office, or additional parking. The full basement is bright, dry, and comfortable year-round, offering great potential for future expansion- more bedrooms, a home office, creative space, or ADU. The backyard is a true sanctuary—private, peaceful, and surrounded by mature landscaping. Heritage roses, blooming camellias, and a stunning native dogwood create a lush setting, while garden beds offer space to grow flowers and vegetables. A sweet garden shed and Japanese-style fence add to the charm. Step out your front door and you’re just moments from Alberta, 42nd, New Seasons, Pizza Jerk, Oakshire Brewing, and neighborhood parks. All of this on a peaceful non-through street with a strong sense of community, an annual block party, and a beloved little free library out front. Welcome home.

Additional Information

Tax Amount
$5,304
Year Built
1942
High School
Leodis McDaniel
Elementary School
Vernon
Middle School
Vernon
Fireplaces Total
1
Garage Spaces
1
Garage Type
Attached
Acres
0.12
Living Area
1,718
Stories
2
Property Type
Single Family Residence
Lot Size Dimension
50 x 100
Terms
Cash, Conventional, FHA
Master Bedroom Level
Main
Cooling Description
Central Air
Fireplace Description
Wood Burning
Fuel Description
Gas
Heating Description
Forced Air
Hot Water Description
Electricity
Exterior Description
Vinyl Siding
Roof Type
Composition
Sewer Description
Public Sewer
Style
2 Story
Parking
Driveway, On Street
Parking Description
Driveway, On Street
Exterior Features
Fenced, Garden, Tool Shed, Yard
Interior Features
Hardwood Floors, Washer/Dryer
Kitchen Appliances
Dishwasher, Free-Standing Gas Range, Free-Standing Refrigerator

Mortgage Calculator

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Calculator source: Real Geeks

Listing courtesy of Windermere Realty Trust. Selling Office: Think Real Estate.

The content relating to real estate for sale on this site comes in part from the IDX program of the RMLS of Portland, Oregon. Real Estate listings held by brokerage firms other than this firm are marked with the RMLS logo, and detailed information about these properties include the name of the listing's broker. Listing content is copyright © 2026 RMLS of Portland, Oregon. All information provided is deemed reliable but is not guaranteed and should be independently verified. This content last updated on . Some properties which appear for sale on this web site may subsequently have sold or may no longer be available.