5523 SE 40th Ave, Portland, OR 97202
Local realty services provided by:ERA Freeman & Associates, Realtors
5523 SE 40th Ave,Portland, OR 97202
$546,500
- 2 Beds
- 2 Baths
- - sq. ft.
- Single family
- Sold
Listed by: tom portlock
Office: more realty503-353-6673
MLS#:497514717
Source:PORTLAND
Sorry, we are unable to map this address
Price summary
- Price:$546,500
About this home
Uniquely designed and incredibly chic European inspired "cabin-style" 1 bedroom main home living area with additional 1 bedroom newly renovated living area offering extra income opportunity! This super cool home feels like your own private tree-house with ultra-privacy and West Hills sunset views! An array of windows and skylights flood the home with natural light, and the mantled fireplace brings cozy warm winter nights to life! Located on a quiet and lush dead-end street in the coveted and conveniently close-in Woodstock/Reed College neighborhood. The huge attached covered decks on each floor offer valuable and fun year-round outdoor living space options. The main home features high vaulted natural-wood ceilings with skylights throughout to give this home hard to match bright and airy environment. Outstanding custom built-ins galore allow ultimate personalization and storage options throughout the home. A very bright and open-air kitchen is loaded with cabinet and pantry storage, and maximum counter top space with eating bar that is ideal for cooking and gathering. Beautiful ceramic tile and granite kitchen countertops and tiled bathtub/shower add even more custom appeal. The 1 bedroom living space in the walk-out lower level was newly remodeled in 2025 with a current $1,700 month-to-month rental income. Other recent upgrades include a mini-split HVAC in 2023, new roof in 2023, new sewer line in 2022, and a new radon system in 2024. All Appliances, including a Wolf Professional Gas Range, are being offered with the home as well! This is truly unique and rare gem of a home awaits you! [Home Energy Score = 4. HES Report at https://rpt.greenbuildingregistry.com/hes/OR10200734]...
Contact an agent
Home facts
- Year built:1920
- Listing ID #:497514717
- Added:49 day(s) ago
- Updated:October 21, 2026 at 06:46 AM
Rooms and interior
- Bedrooms:2
- Total bathrooms:2
- Full bathrooms:2
- Kitchen Description:Dishwasher, Free Standing Gas Range, Free Standing Range, Free Standing Refrigerator, Gas Appliances, Pantry, Stainless Steel Appliance, Tile
- Basement Description:Exterior Entry, Finished, Separate Living Quarters/apartment/aux Living Unit
Heating and cooling
- Heating:Forced Air
Structure and exterior
- Roof:Composition
- Year built:1920
- Lot Features:Bluff, Gentle Sloping, Secluded, Trees
- Architectural Style:Cabin, Daylight Ranch
- Exterior Features:Covered Deck, Covered Patio, Deck, Garden, Guest Quarters, Second Residence, Yard
- Foundation Description:Concrete Perimeter
- Levels:2 Stories
Schools
- High school:Cleveland
- Middle school:Other
- Elementary school:Woodstock
Utilities
- Water:Public Water
- Sewer:Public Sewer
Finances and disclosures
- Price:$546,500
- Tax amount:$5,143 (2025)
Features and amenities
- Laundry features:Washer/Dryer
- Amenities:Aluminum Frame Windows, Ceiling Fan, Double Pane Window(s), High Ceilings, Laundry, Tile Floor, Vaulted Ceiling
Parking
- Parking description:On street
New listings near 5523 SE 40th Ave
- New
Listed by ERA$120,000Active3 beds 2 baths1,080 sq. ft.5200 SE 132nd Ave #15, Portland, OR 97236
MLS# 508400489Listed by: KNIPE REALTY ERA POWERED - New
$395,000Active3 beds 1 baths864 sq. ft.17708 SE Clay St, Portland, OR 97233
MLS# 107129776Listed by: OREGON FIRST - New
$1,095,000Active4 beds 4 baths3,581 sq. ft.3125 NW Blue Sky Ln, Portland, OR 97229
MLS# 285268888Listed by: THE AGENCY PORTLAND - New
$369,900Active2 beds 3 baths820 sq. ft.3217 SE 28th Ave, Portland, OR 97202
MLS# 496686947Listed by: KELLER WILLIAMS REALTY PORTLAND PREMIERE - New
$480,000Active3 beds 2 baths1,820 sq. ft.10054 NE Weidler St, Portland, OR 97220
MLS# 787383785Listed by: KELLER WILLIAMS REALTY PROFESSIONALS - New
$365,000Active3 beds 1 baths884 sq. ft.10947 SE Schiller St, Portland, OR 97266
MLS# 783829882Listed by: REAL ESTATE PERFORMANCE GROUP - New
$419,000Active1 beds 2 baths1,007 sq. ft.1310 NW Naito Pkwy #206, Portland, OR 97209
MLS# 324901988Listed by: HARCOURTS ELITE - New
$209,950Active2 beds 2 baths1,041 sq. ft.5115 SW Oleson Rd, Portland, OR 97225
MLS# 407207793Listed by: JIM KUNKEL REALTY - Open Sat, 12 to 3pmNew
$750,000Active3 beds 4 baths2,466 sq. ft.6823 SW Burlingame Ave, Portland, OR 97219
MLS# 784557850Listed by: WINDERMERE REALTY TRUST - New
$409,000Active2 beds 2 baths863 sq. ft.4427 NE Prescott St #B, Portland, OR 97218
MLS# 188664742Listed by: NEIGHBORS REALTY