5017 SE 40TH AVE

Portland, 97202

  • 4 Bed

  • 2 Bath

  • 1840 SqFt

  • 29 DOM

  • Built: 1954

  • Status: Active

$675,000

Price cut: $24.9K (12-02-2025)

X

5017 SE 40TH AVE

Portland 97202

$675000

Price cut: $24.9K (12-02-2025)

  • 4 Bed

  • 2 Bath

  • 1840 SqFt

  • 29 DOM

  • Built: 1954

  • Status: Active

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Request Tour, Ask a Question or Start an Offer

Mohanraj Rajendran

Real Estate Agent

(503) 336-1515

Beautifully refreshed corner-lot duplex with two stylish, 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 cafés, 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]

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Residence Information

  • 0

  • 920

  • 920

  • 1840

  • County

  • 920

  • 1/Gas

  • 4

  • 2

  • 0

  • 2

  • Composition

  • DaylightRanch,MidCenturyModern

  • Driveway

  • 2

  • 1954

  • Yes

  • Brick, WoodSiding

  • Daylight,Finished

  • Daylight,Finished

  • Slab,StemWall

  • DoublePaneWindows,Vi

Features and Utilities

  • Fireplace, HardwoodFloors

  • FreeStandingRange, FreeStandingRefrigerator, Quartz, RangeHood

  • CeilingFan, HardwoodFloors, Laundry, SeparateLivingQuartersApartmentAuxLivingUnit

  • CoveredPatio, Deck, Fenced, Yard

  • CaregiverQuarters, MainFloorBedroomBath

  • AirConditioningReady

  • Gas

  • ForcedAir

  • PublicSewer

  • Gas

  • Gas

Financial

  • 5851.93

  • 0

  • Cash,Conventional,FHA,VALoan

  • 11-03-2025

  • 2650

  • No

  • No

Comparable Information

  • 29

  • 50

  • Cash,Conventional,FHA,VALoan

  • $699,900

  • $675,000

  • Dec 02, 2025 15:04

Schools

Elementary : Woodstock N/A Ratings
Middle : Lane N/A Ratings
High : Cleveland N/A Ratings

Map

Listing courtesy of Keller Williams Realty Portland Premiere.

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: Dec 23, 2025 11:01 | Listing last modified Dec 02, 2025 15:04. Some properties which appear for sale on this web site may subsequently have sold or may no longer be available.

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