4731 SE 40TH AVE, Portland, OR 97202

$799,000
5
BD
3
BA
2,710
SqFt

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Sold Price
$799,000
List Price
$799,000
Closing Date
Jul 28, 2026
Days on Market
39
Status
SOLD
MLS#
668277082
Bedrooms
5
Bathrooms
3
Living Area
2,710
Lot Size
5, 000 to 6, 999 SqFt
Region
Portland Southeast

Property Description

OPEN HOUSE 6/27, 11am-1pm. Best of Old and New! This beautifully preserved 1907 farmhouse blends timeless character with thoughtful modern updates. Original charm shines throughout with high ceilings, built-ins, hardwood floors, tongue-and-groove ceilings, and classic beadboard details. The stylishly remodeled kitchen and stunning designer-inspired primary suite bring contemporary comfort to this historic home. With 5 bedrooms, 3 bathrooms, including a convenient Jack-and-Jill bath, and two full kitchens; there is room for everyone. A sliding glass door opens to a private deck overlooking a beautifully landscaped, fully fenced backyard oasis complete with a hot tub (new in 2023), fire pit gathering area, and lush lawn. The lower level is configured as a private living space with its own entrance, full kitchen, and flexible layout. Currently operating as a successful Airbnb, this space enjoys strong occupancy and offers excellent income-producing potential or an ideal setup for guests, multigenerational living, or a home office. A rare opportunity to enjoy historic farmhouse charm, modern amenities, and exceptional versatility all in one remarkable property in a coveted neighborhood! [Home Energy Score = 3. HES Report at https://rpt.greenbuildingregistry.com/hes/OR10026278]

Additional Information

Tax Amount
$6,936
Year Built
1907
High School
Cleveland
Elementary School
Grout
Middle School
Hosford
Acres
0.12
Living Area
2,710
Stories
3
Subdivision
REED/WOODSTOCK
Property Type
Single Family Residence
Terms
Cash, Conventional
Master Bedroom Level
Upper
Cooling Description
Central Air
Fuel Description
Gas
Heating Description
Forced Air
Hot Water Description
Gas
Exterior Description
Cement Siding, Shingle Siding
Roof Type
Composition
Sewer Description
Public Sewer
Style
Farmhouse
Parking
On Street
Parking Description
On Street
Road Surface
Paved
Exterior Features
Covered Deck, Dog Run, Fenced, Garden, Porch, Yard
Interior Features
Concrete Floor, Hardwood Floors, High Ceilings, Separate Living Quarters/Apartment/Aux Living Unit, Skylight(s), Tile Floor, Wainscoting, Wall to Wall Carpet, Washer/Dryer
Kitchen Appliances
Built-in Range, Built-in Refrigerator, Dishwasher, Gas Appliances, Island, Tile

Mortgage Calculator

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Listing courtesy of Corcoran Prime. Selling Office: Think Real Estate.

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