3718 SE 40TH AVE

Portland, 97202

  • 4 Bed

  • 2 Bath

  • 2384 SqFt

  • 43 DOM

  • Built: 1953

  • Status: Active

$625,000

X

3718 SE 40TH AVE

Portland 97202

$625000

  • 4 Bed

  • 2 Bath

  • 2384 SqFt

  • 43 DOM

  • Built: 1953

  • Status: Active

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Mohanraj Rajendran

Real Estate Agent

(503) 336-1515

Prime investment opportunity on a classic inner city Portland Duplex. One Vacant Unit. New roof and exterior paint in 2024 and new furnace in 2016. Two bedroom, one bath units with hardwood floors throughout, open kitchen, great storage and bonus space with high ceilings in the basement and private garages. Owner occupied option available or rent both units as this property delivers an attractive 5.5 cap rate. Close to shopping, entertainment, local Creston and Kenilworth Parks and located a half block from mass transit for easy movement throughout the city.

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Residence Information

  • 2384

  • 4

  • 2

  • Composition

  • Garage,OffStreet

  • 1

  • 1953

  • No

  • WoodSiding

  • Unfinished

  • Unfinished

  • ConcretePerimeter

Features and Utilities

  • WindowUnit

  • Electricity

  • ForcedAir

  • PublicSewer

  • Electricity

  • Gas

Financial

  • 7960.55

  • MaintenanceGrounds

  • Cash,Conventional,VALoan

  • 06-19-2025

  • No

  • No

Comparable Information

  • 43

  • 46

  • Cash,Conventional,VALoan

  • $625,000

  • $625,000

  • Aug 01, 2025 08:49

Schools

Elementary : Creston N/A Ratings
Middle : Kellogg N/A Ratings
High : Franklin N/A Ratings

Map

Listing courtesy of John L. Scott Portland Central.

The content relating to real estate for sale on this site comes in part from the IDX program of the RMLS of Portland, Oregon. Real Estate listings held by brokerage firms other than this firm are marked with the RMLS logo, and detailed information about these properties include the name of the listing's broker. Listing content is copyright © 2019 RMLS of Portland, Oregon. All information provided is deemed reliable but is not guaranteed and should be independently verified. Mohan Realty Group data last checked: Aug 04, 2025 12:02 | Listing last modified Aug 01, 2025 08:49. Some properties which appear for sale on this web site may subsequently have sold or may no longer be available.

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