USAORPortland5523 Se 40Th Ave
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$525,000

For Sale

21 hours ago

5523 Se 40Th Ave, Portland, OR

House

MLS® 497514717

2 Bed

2 Bath

1526 sqft

0

  • Key Facts
  • Description
  • Rooms
  • Map

Key Facts

Type Single Family Residence
Levels Residential
Size 1526 sqft
Garage 
Taxes $5,143
Days Active 1
Lot Size 0.12 Acres
Approx. Age 1920
Avg. Price Per Sqft $344
MLS® Number 497514717

Property Address: 5523 Se 40th Ave, Portland, OR, 97202-4230

Average square foot calculated using Size range provided by listing agent.

Description

Uniquely designed and incredibly chic European inspired "cabin-style" 1 bedroom home with additional 1 bedroom newly renovated living unit 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 constructed 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!
MLS® Number497514717
Laundry Level
Central VacNo
FireplaceYes
Acreage
Exterior
Garage
Approx. Age1920
BasementExterior Entry, Finished, Separate Living Quarters Apartment Aux Living Unit
DrivewayOn Street
Garage Spaces
HeatForced Air
A/CMini Split

Extras

Rooms

Change to metres

Living Room:Main FloorNot available
Great Room:Not available
Other:Lower LevelNot available
Dining Room:Main FloorNot available
Bedroom 2:Not available
Bathroom 2:Lower LevelNot available
Other:Lower LevelNot available
Family Room:Not available
Bedroom 1:Main FloorNot available
Kitchen:Main FloorNot available

Price History

-End Date
Not Sold YetSold Price

For Sale

Sep 2, 2026List Date
$525,000List Price
  • Commute

Commute

Starting Address
Destination Address
5523 Se 40Th Ave, Portland, OR

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