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5017 SE 40th Ave, Portland, OR 97202

$675,000

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Property Description

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 caf?s, 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]

5017 SE 40th Ave | MLS# 540311485

This single family home located at 5017 SE 40th Ave, Portland, OR 97202 is currently listed for sale with an asking price of $675,000. This property was built in 1954 and has 4 bedrooms and 2 full baths with 1840 sq. ft. SE 40th Ave is located in the Woodstock subdivision. Search Woodstock real estate on www.williamraven.realtor today.

Property Features

Property Type: Residential - Single Family
Basement: Yes
Basement: Daylight, Finished
Cooling: Air Conditioning Ready
Fenced: Yes
Fireplaces: 1
Fuel Type: Gas
Heating: Forced Air
Home Style: Daylight Ranch, Mid-Century Modern
Lot Size: 0.11 Acres
Roof Type: Composition
Stories: 2.0
Taxes: $5,852
Year Built: 1954
Square Feet: 1,840

Feature Descriptions

Accessibility: Caregiver Quarters, Main Floor Bedroom w-Bath
Bathroom: 1.0 (Lower), 1.0 (Main)
Days on Site: 115
Exterior: Covered Patio, Deck, Fenced, Yard
Exterior: Brick, Wood Siding
Fireplace: Wood Burning
Green Certification: Yes
Hot Water: Gas
Interior: Ceiling Fan(s), Hardwood Floors, Laundry, Separate Living Quarters-Apartment-Aux Living Unit
Kitchen: Free-Standing Range, Free-Standing Refrigerator, Quartz, Range Hood
Lot: Corner Lot, Level
Lot Dimensions: 4800
Parking Notes: Driveway
Rental Amount: $2650.00
Sewer: Public Sewer
Square Footage: 920 (Lower), 920 (Main)
Water: Public Water

Room Sizes

2nd Kitchen: 12 X 10 Level - Lower
_2ndPrimary Bedroom: 20 X 10 Level - Lower
Laundry: 12 X 11 Level - Lower
2nd Bedroom: 12 X 9 Level - Main
3rd Bedroom: 10 X 9 Level - Main
Dining Room: 12 X 8 Level - Main
Family Room: 19 X 8 Level - Lower
Kitchen: 10 X 8 Level - Main
Living Room: 12 X 11 Level - Main
Primary Bedroom: 13 X 10 Level - Main

Local Schools

High School: Cleveland
Middle School: Lane
Elementary School: Woodstock

Listed By / Shown By

Listed By

Agency Name: Keller Williams Realty Portland Premiere
Agency Contact: 503-957-3836

Shown By

Agent Name: William Raven Broker
Agent Phone: (541) 280-9701
Agency Title: Bend Premier Real Estate

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Estimated Payment

$ 4,097.71 per month $3,413.17 Principal & Interest $487.67 Property Tax $196.88 Homeowner's Insurance

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Disclaimer: All information deemed reliable but not guaranteed. All properties are subject to prior sale, change or withdrawal. Neither listing broker(s) or information provider(s) shall be responsible for any typographical errors, misinformation, misprints and shall be held totally harmless. Listing(s) information is provided for consumers personal, non-commercial use and may not be used for any purpose other than to identify prospective properties consumers may be interested in purchasing. Information on this site was last updated 03/03/2026. The listing information on this page last changed on 03/03/2026. The data relating to real estate for sale on this website comes in part from the Internet Data Exchange program of Delta Media Group MLS (last updated Tue 03/03/2026 12:04:50 AM EST) or RMLS (last updated Mon 03/02/2026 11:58:17 PM EST) or COAR/MLSCO (last updated Tue 03/03/2026 12:01:16 AM EST). Real estate listings held by brokerage firms other than Bend Premier Real Estate may be marked with the Internet Data Exchange logo and detailed information about those properties will include the name of the listing broker(s) when required by the MLS. All rights reserved.

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 other brokerage firms are marked with the RMLS logo, and detailed information about these properties includes the names of the listing brokers. Listing content is copyright © 2026 RMLS, Portland, Oregon. Some properties which appear for sale on this web site may subsequently have sold or may no longer be available.

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