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About This Home

This 5-bedroom, 3-bathroom single family at 4731 SE 40TH Ave in Portland, OR is listed for $799,000 ($295 per sqft). Built in 1907, the home offers 2,710 sqft of living space on a 0.12 acres lot.

Agent Description

Offer received. Offer deadline to be 6/23 at 8pm. Best of Old and New! This beautifully preserved 1907 farmhouse blends timeless character with thoughtful modern updates. Original charm shines throughout with high ceilings, built-ins, hardwood floors, tongue-and-groove ceilings, and classic beadboard details.

The stylishly remodeled kitchen and stunning designer-inspired primary suite bring contemporary comfort to this historic home. With 5 bedrooms, 3 bathrooms, including a convenient Jack-and-Jill bath, and two full kitchens; there is room for everyone. A sliding glass door opens to a private deck overlooking a beautifully landscaped, fully fenced backyard oasis complete with a hot tub (new in 2023), fire pit gathering area, and lush lawn.

The lower level is configured as a private living space with its own entrance, full kitchen, and flexible layout. Currently operating as a successful Airbnb, this space enjoys strong occupancy and offers excellent income-producing potential or an ideal setup for guests, multigenerational living, or a home office. A rare opportunity to enjoy historic farmhouse charm, modern amenities, and exceptional versatility all in one remarkable property in a coveted neighborhood! [Home Energy Score = 3. HES Report

Key Features

  • Built in 1907
  • 0.12 acre lot
  • 3 stories

Property Details

3 stories
3 full
1907

Amenities

A/C

Monthly Cost Estimate

$4,273/mo

20% down · 6.5% · 30 years

Principal$578
Interest$3,462
Insurance$233

Estimates only. Actual payments may vary.

Location

4731 SE 40TH Ave

Portland, OR 97202

REED/WOODSTOCK

Features & Amenities

Interior Features

ConcreteFloorHardwoodFloorsHighCeilingsSeparateLivingQuartersApartmentAuxLivingUnitSkylightTileFloorWainscotingWalltoWallCarpetWasherDryer

Exterior Features

CoveredDeckDogRunFencedGardenPorchYard

Property Details

Pool Features

PorchDeck

Heating

Forced Air

Cooling

Central Air

Appliances

BuiltinRangeBuiltinRefrigeratorDishwasherGasAppliancesIslandTile

Questions & Answers

This 5-bedroom, 3-bathroom single family at 4731 SE 40TH Ave is listed at $799,000 ($295/sqft). The estimated monthly payment is $3,462 based on 20% down at 6.5% interest.

Key features include: Built in 1907, 0.12 acre lot, 3 stories. Interior Features: ConcreteFloor, HardwoodFloors, HighCeilings. Exterior Features: CoveredDeck, DogRun, Fenced.

This property is listed by Phuong Hart and can be reached at 5034494904 or phuong@corcoranprime.com.

PH

Phuong Hart

Agent at Corcoran Prime

(503) 449-4904

Listed by Corcoran Prime · View on Broker Site

MLS# 668277082· Source: listhub· Updated 5 days ago

Copyright © 2026 Regional Multiple Listing Services. All rights reserved. All information provided by the listing agent/broker is deemed reliable but is not guaranteed and should be independently verified.

4731 SE 40TH Ave, Portland, OR 97202

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