Listing provided courtesy of Premiere Property Group, LLC- MLS# 154257407MLS Provider

2333 SE 40TH AVEPortland, OR 97214

Single Family · 4 Beds · 2 Full Baths · 2,540 Sq. ft. | 0.12 Acres
$899,000 Active

2333 SE 40TH AVE Overview

Time on Site:
35 days
Visits:
0

Timeless mid-century design reimagined with refined updates, original character, and exceptional versatility on a desirable corner lot in one of Portland's most sought-after neighborhoods. Refinished original hardwood floors, abundant natural light & black framed windows create a dramatic first impression, complemented by a crisp black-and-white exterior. Extensive improvements include new siding, roof, A/C & the convenience of dual laundry areas (main + basement), along with rare off-street gate driveway parking and room for an RV/boat' an exceptional find for inner Southeast Portland. The functional layout offers two bedrooms and a bath on the main level alongside spacious living & dining areas. The open kitchen features an island, high-end granite countertops & ceiling-height designer-selected cabinetry. The lower level'with egress window, private side entrance, full bath, bar sink, storage & flexible enclosed space'offers endless possibilities, ideal for a fourth bedroom, family room, guest quarters, multigenerational living or potential dual-living setup. Rare R2.5 zoning provides opportunity for future expansion with potential for a garage, ADU or lot split (buyer to verify). City-approved plans available for a custom 2-car garage with upper-level living space & bath; price subject to increase if built to specifications. Enjoy easy access to both Division & Hawthorne'known for award-winning dining, boutique shopping, caf??s & Portland's vibrant culture. Nearby favorites include acclaimed restaurants such as St. Jack, Ava Gene's & more, along with proximity to Mount Tabor Park, neighborhood parks & recreation. Exceptional walkability with a Walk Score of 94, Bike Score of 99 & convenient transit access make this an unmatched urban lifestyle opportunity.

Open Houses

  • PublicTue. Jun 3011:00AM - 1:00PM PDT
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2333 SE 40TH AVE Facts & Features

  • Type Single Family
  • Sq. ft. 2,540
  • Price/Sq.ft. $354
  • Lot 0.12 Acres

Details

General

School Information

  • Elementary School: Glencoe
  • Middle Or Junior School: Mt Tabor
  • High School: Franklin

Building Information

  • Year Built: 1942

Location/Region

  • Country: US
  • County Or Parish: Multnomah
  • MLS Area Major: 143 - Portland Southeast
  • Subdivision Name: RICHMOND / DIVISION

Tax Information

  • Tax Annual Amount: 5498.34
  • Tax Year: 2025

General Information

  • Disclosures: Disclosure
  • Listing Terms: Cash,Conventional,FHA,VA Loan
  • Parcel Number: R184107
  • Property Condition: Updated/Remodeled
  • Property Sub Type: Single Family Residence
  • Property Type: Residential
  • Zoning: R2.5

Interior

Parking Information

  • Garage Spaces: 0

Beds/Baths

  • Bathrooms Full: 2
  • Bathrooms Partial: 0
  • Bathrooms Total: 2
  • Bedrooms Total: 4

Building Interior

  • Building Area Total: 2540.0

General Information

  • Accessibility Features: Main Floor Bedroom w/Bath,Minimal Steps,Natural Lighting,Parking,Walk-in Shower
  • Appliances: Cook Island,Dishwasher,Disposal,Free-Standing Range,Free-Standing Refrigerator,Gas Appliances,Granite,Island,Pantry,Plumbed For Ice Maker,Range Hood,Stainless Steel Appliance(s),Tile
  • Basement: Exterior Entry,Finished,Full Basement
  • Cooling: Central Air
  • Fireplace Features: Wood Burning
  • Fireplaces Total: 2
  • Foundation Details: Concrete Perimeter
  • Heating: Forced Air
  • Interior Features: Dual Flush Toilet,Hardwood Floors,Laundry,Quartz,Skylight(s),Tile Floor,Wall to Wall Carpet,Wood Floors
  • Stories: 3
  • Window Features: Double Pane Windows,Vinyl Frames

Exterior

Parking Information

  • Parking Features: Driveway,RV Access/Parking
  • Parking Total: 0

Lot Information

  • Lot Features: Gated,Level
  • Lot Size Acres: 0.12
  • Lot Size Square Feet: 5227.0
  • Road Surface Type: Paved
  • Water Source: Public Water

Building Exterior/Construction

  • Architectural Style: Bungalow,Mid-Century Modern
  • Roof: Composition

General Information

  • Exterior Features: Fenced,Patio,RV Parking,RV/Boat Storage,Yard
  • Sewer: Public Sewer

2333 SE 40TH AVE Neighborhood

Community

97214 (Portland) Demographics

36
Median Age
9,926
Population Density (per sq. mile)
69%
College Educated
$74,871
Estimated Median Income
4,343
Estimated Total Home Owners
9,709
Estimated Total Renters
31% / 69%
Estimated Owner / Renter Divide
2
Estimated Average Household Size
Community data courtesy of LiveBy, Inc.

Schools

School data courtesy of LiveBy, Inc. School ratings are based on a scale of 1-5, with 5 being the highest rating and 1 being the lowest rating.
* All calculations are estimates and provided by Reliance Network, for informational purposes only. Actual amounts may vary. ** Assumes 6.50% APR, 20% down payment, and conventional 30-year fixed rate first mortgage. Rates cited are for instructional purposes only; current rates are subject to change at any time without notice. You should not make any decisions based simply on the information provided. Additional required amounts such as taxes, insurance, homeowner association dues, assessments, mortgage insurance premiums, flood insurance or other such required payments should also be considered. Contact your mortgage company for current rates and additional information. Any mortgage broker or insurance agent that may appear is independent and is not affiliated with, endorsed by, or provided by the MLS.

2333 SE 40TH AVE Market Data

Based on the last 30 days in this zip code

$703,130
Average List Price
$336
Average Price per Square Foot
22
Properties Sold
56
Average Days on Market
69
Properties for Sale
Calculations provided by Reliance Network

2333 SE 40TH AVE History

Date Event Value Agent
6/18/2026Source: Regional MLS Price Reduction
$899,000 -5.4%
6/10/2026Source: Regional MLS Price Reduction
$950,000 -2.6%
5/26/2026Source: Regional MLS Added to Database
May 26, 2026
10/2/2025Source: Regional MLS Status Change
Sold
9/7/2025Source: Regional MLS Status Change
Pending
8/29/2025Source: Regional MLS Status Change
Active
8/19/2025Source: Regional MLS Status Change
Pending
8/14/2025Source: Regional MLS Price Reduction
$495,000 -5.7%
7/8/2025Source: Regional MLS Added to Database
July 08, 2025