2333 SE 40th Ave, Portland, OR 97214

Local realty services provided by:ERA Freeman & Associates, Realtors
#1#2#3
2333 SE 40th Ave,Portland, OR 97214
$495,000
  • 3 Beds
  • 2 Baths
  • 2,540 sq. ft.
  • Single family
  • Active
Listed by:jennifer o'brien
Office:living room realty
MLS#:334948615
Source:PORTLAND

Price summary

  • Price:$495,000
  • Price per sq. ft.:$194.88

About this home

Bring your vision to life in this classic 2,540 sq ft bungalow, ideally situated on an oversized corner lot in one of SE Portland’s most desirable neighborhoods. Just blocks from the energy of Division, Hawthorne, and Clinton, this property offers a rare opportunity with incredible potential. The main floor features two bedrooms, a full bath, original hardwood floors, a cozy fireplace, and a charming kitchen with an inviting eat-in nook. Upstairs, a third bedroom awaits your creative touch, while the expansive unfinished basement provides ample space for additional living area, storage, or future development.Outside, a detached garage offers off-street parking or the perfect opportunity for an ADU conversion. Zoned R2.5, the lot allows for up to four units—making this an exceptional project for developers, builders, or investors seeking flexibility and upside. Whether you're looking to renovate, expand, or completely reimagine the space, the possibilities here are as exciting as the

Contact an agent

contact an agent

Yes, I would like more information from ERA®. Please use and/or share my information with an ERA affiliated agent to contact me about my real estate needs. By clicking Send message, I agree an ERA affiliated agent may contact me by phone or text message including by automated means about real estate services, and that I can access real estate services without providing my phone number. I acknowledge that I have read and agree to theTerms of useandPrivacy notice

Home facts

  • Year built:1942
  • Listing Id #:334948615
  • Added:37 day(s) ago
  • Updated:August 15, 2025 at 04:22 AM

Rooms and interior

  • Bedrooms:3
  • Total bathrooms:2
  • Full bathrooms:1
  • Half bathrooms:1
  • Living area:2,540 sq. ft.

Heating and cooling

  • Heating:Forced Air

Structure and exterior

  • Roof:Composition
  • Year built:1942
  • Building area:2,540 sq. ft.
  • Lot area:0.12 Acres

Schools

  • High school:Franklin
  • Middle school:Mt Tabor
  • Elementary school:Glencoe

Utilities

  • Water:Public Water
  • Sewer:Public Sewer

Finances and disclosures

  • Price:$495,000
  • Price per sq. ft.:$194.88
  • Tax amount:$5,301 (2024)
MLS LogoAll information provided is deemed reliable but is not guaranteed and should be independently verified. 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 ERA Freeman & Associates, Realtors are marked with the RMLS logo and detailed information about these properties includes the names of the listing brokers. Copyright 2025 RMLS, Portland, Oregon. Last updated: August 15, 2025

New listings near 2333 SE 40th Ave