3718 SE 40TH AVE

Portland, 97202

  • 4 Bed

  • 2 Bath

  • 2384 SqFt

  • 1 DOM

  • Built: 1953

  • Status: Active

$625,000

X

3718 SE 40TH AVE

Portland 97202

Open Sat, Jun 21st, 12PM to 2PM

$625000

  • 4 Bed

  • 2 Bath

  • 2384 SqFt

  • 1 DOM

  • Built: 1953

  • Status: Active

    Open House

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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

  • 1

  • 1

  • Cash,Conventional,VALoan

  • $625,000

  • $625,000

  • Jun 19, 2025 17:17

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: Jun 20, 2025 04:12 | Listing last modified Jun 19, 2025 17:17. Some properties which appear for sale on this web site may subsequently have sold or may no longer be available.

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