# 5017 SE 40TH Ave, Portland, OR 97202

> **TL;DR:** 4bd/2ba single family, $649,900 ($353/sqft), built 1954, 1,840 sqft. Est. $2,816/mo. Listed 158 days.

## Property at a Glance

| Attribute | Value |
|-----------|-------|
| Price | $649,900 |
| Price/sqft | $353 |
| Bedrooms | 4 |
| Bathrooms | 2 full |
| Square Feet | 1,840 |
| Year Built | 1954 |
| Lot Size | 4,792 sqft (0.11 acres) |
| Stories | 2 |
| Property Type | Single Family (Single Family Residence) |
| Status | For Sale |
| Days on Market | 158 |

## Estimated Monthly Costs

| Category | Amount |
|----------|--------|
| Mortgage (20% down, 6.5%) | $2,816 |
| **Total** | **$2,816** |

## Nearby Schools

- **Elementary:** Woodstock
- **Middle:** Lane
- **High:** Cleveland

## Property Highlights

- Built in 1954
- 0.11 acre lot
- 2 stories

## Description

### Agent Description
Beautifully refreshed corner-lot duplex "style" with two gorgeous, 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 cafes, 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

## Location

- **Address:** 5017 SE 40TH Ave, Portland, OR 97202
- **County:** Multnomah
- **Neighborhood:** Woodstock
- **Coordinates:** 45.486473, -122.621862
- **Google Maps:** https://www.google.com/maps?q=45.486473,-122.621862

## Listing Agent

- **Name:** Noah Kirshbaum
- **Brokerage:** Keller Williams Realty Portland Premiere
- **Phone:** 5039573836
- **Email:** talktonoah32@gmail.com

## Primary Photo

![5017 SE 40TH Ave - Primary Photo](http://lh.rdcpix.com/aee070ff04c9bdfaeca8f00ee39028ael-f3597323335r.jpg)

*21 total photos available on [listing page](https://www.propertysimple.com/listing/5017-se-40th-ave-portland-or-97202-40311485)*

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**MLS#:** 540311485 | **Updated:** 2026-04-26
**Source:** listhub

*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.*

[View on PropertySimple](https://www.propertysimple.com/listing/5017-se-40th-ave-portland-or-97202-40311485)

---

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