5017 SE 40th Ave, Portland, OR 97202

Portland
Local realty services provided by:Knipe Realty ERA Powered
5017 SE 40th Ave,Portland, OR 97202
$649,900
  • 4 Beds
  • 2 Baths
  • 1,840 sq. ft.
  • Single family
  • Active
Listed by: noah kirshbaum
Office: keller williams realty portland premiere503-597-2444
MLS#:540311485
Source:PORTLAND

Price summary

  • Price:$649,900
  • Price per sq. ft.:$353.21

About this home

Beautifully refreshed corner-lot duplex "style" with two gorgeous, move-in-ready units. The upper 3 bed / 1 bath features large rooms, updated kitchen, living room with cozy wood-burning fireplace and generous storage, while the lower 1 bed / 1 bath offers the same modern comfort and efficiency. Both units include AC and heat units, updated kitchens with newer appliances and in-unit laundry, and each residence enjoys its own separately fenced, landscaped yard for privacy and outdoor living. Walking distance to Reed College and Woodstock’s cafés, markets, and parks, with multiple nearby bus lines for easy commuting. Currently tenant-occupied, purchase as your own or we are offering stability with excellent long-term, mid-term, or rental versatility—buyer to verify use options. [Home Energy Score = 5. HES Report at https://rpt.greenbuildingregistry.com/hes/OR10206804]

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Home facts

  • Year built:1954
  • Listing ID #:540311485
  • Added:188 day(s) ago
  • Updated:May 14, 2026 at 04:29 PM

Rooms and interior

  • Bedrooms:4
  • Total bathrooms:2
  • Full bathrooms:2
  • Kitchen Description:Free Standing Range, Free Standing Refrigerator, Quartz, Range Hood
  • Basement Description:Daylight, Finished
  • Living area:1,840 sq. ft.

Heating and cooling

  • Cooling:Air Conditioning Ready
  • Heating:Forced Air

Structure and exterior

  • Roof:Composition
  • Year built:1954
  • Building area:1,840 sq. ft.
  • Lot area:0.11 Acres
  • Lot Features:Corner Lot, Level
  • Architectural Style:Daylight Ranch, Mid Century Modern
  • Exterior Features:Covered Patio, Deck, Fenced, Yard
  • Foundation Description:Slab, Stem Wall
  • Levels:2 Stories

Schools

  • High school:Cleveland
  • Middle school:Lane
  • Elementary school:Woodstock

Utilities

  • Water:Public Water
  • Sewer:Public Sewer

Finances and disclosures

  • Price:$649,900
  • Price per sq. ft.:$353.21
  • Tax amount:$6,070 (2025)

Features and amenities

  • Amenities:Ceiling Fan, Double Pane Window(s), Hardwood Floors, Laundry, Vinyl Frame Windows

Parking

  • Parking description:Driveway
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 Knipe Realty ERA Powered are marked with the RMLS logo and detailed information about these properties includes the names of the listing brokers. Copyright 2026 RMLS, Portland, Oregon. Last updated: May 14, 2026

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