2333 Se 40th Ave

Portland, OR
$ 825,000 Beds 4 Baths 2 Sq 2,540 Virtual Tour
Monthly Estimate* How much can I afford?

Ideally located in the heart of Richmond, just moments from the vibrant Division and Hawthorne districts, this extensively remodeled home offers the perfect balance of Portland character and modern living. Gated off street parking, rare R2.5 zoning, a potentially dividable corner lot, and city approved plans for a detached two car garage with future upper level living space offer exceptional flexibility and future development potential, including ADU possibilities (buyer to perform all due diligence).Expansive black framed windows fill the home with natural light. Original hardwood floors extend throughout the main living areas, while the completely remodeled open kitchen features ceiling height designer cabinetry, granite countertops, an oversized island, abundant storage, and effortless flow into the living and dining areas. The updated bathrooms feature refined finishes. All appliances are included, making your move that much easier.The spacious primary bedroom lives like its own private suite, complete with a skylight, walk in closet, and potential for a private bathroom.The fully finished lower level features a spacious family room with a wet bar, full bathroom, egress window, generous storage, and a fourth bedroom or flexible space for guests, multigenerational living, home offices, or hobbies. Its separate entrance and thoughtful layout make it ideal for extended stays, independent living, or hosting family and guests.A fully fenced backyard and gated parking provide room for multiple vehicles, RVs, boats, or recreational equipment.Conveniently located near neighborhood parks and Mount Tabor, this home offers the perfect combination of location, versatility, and modern living in one of Portland's most sought after neighborhoods. [Home Energy Score = 2. HES Report at https://rpt.greenbuildingregistry.com/hes/OR10239426]

Active

  • Price
  • $ 825,000
  • City
  • Portland
  • Bedrooms
  • 4
  • Full Bathrooms
  • 2
  • County
  • MULTNOMAH
  • Half Bathrooms
  • 0
  • Area
  • 143
  • Lot Size
  • 0.12 Acres
  • Zip
  • 97214
  • Sqr Footage
  • 2,540
  • Year Built
  • 1942
  • Taxes
  • $ 5498
  • Style
  • Bungalow,MidCenturyModern
  • MLS#
  • 176208294
Listed By: Premiere Property Group, LLC -
Data Source: Regional Multiple Listing Service (RMLSOR)

Features

General

Sewer PublicSewer
Heating ForcedAir
Cooling CentralAir
Roof Composition
Appliances CookIsland,Dishwasher,Disposal,DownDraft,FreeStandingGasRange,FreeStandingRefrigerator,GasAppliances,Granite,Island,Pantry,PlumbedForIceMaker,PotFiller,RangeHood,StainlessSteelAppliance,Tile
Zoning R2.5
Architectural Style Bungalow,MidCenturyModern
Year Built 1942
Stories Count 3
Property Subtype SingleFamilyResidence
Tax Year 2025
Parcel Number R184107
Accessibility MainFloorBedroomBath,MinimalSteps,NaturalLighting,Parking,WalkinShower
County Multnomah
Property Type Residential
HOA No
Subdivision Name RICHMOND / DIVISION
Full Baths 2
Status Active
Directions SE Cesar Chavez to SE Caruthers to SE 40th
High School Franklin
City Portland
Disclosures Disclosure
MLS Area _143
Lot Size Square Feet 5227.0
Listing Terms Cash,Conventional,FHA,VALoan
Elementary School Glencoe
Tax Annual Amount 5498.34
Middle/Junior High School Mt Tabor
Property Condition UpdatedRemodeled
Standard Status Active
Accessory Dwelling Unit Y/N No
Legal Description HOWES ADD,BLOCK 3,LOT 6
SeniorCommunityYn False
ADU False

Interior Features

Interior Amenities ConcreteFloor,DualFlushToilet,Granite,HardwoodFloors,Laundry,Quartz,Skylight,TileFloor,WalltoWallCarpet,WoodFloors
Basement ExteriorEntry,Finished,FullBasement
Total Fireplaces 2
Fireplace Features WoodBurning
Hot Water Gas
Window Features DoublePaneWindows,VinylFrames
Total Bathrooms 2.0
FuelDescription Gas
Total Bedrooms 4
Total Baths 2

Exterior Features

Exterior Amenities Fenced,Patio,RVParking,RVBoatStorage,Yard
Parking Features Driveway,RVAccessParking
Lot Features Gated,Level
Water Source PublicWater
Exterior Description LapSiding
Foundation Details ConcretePerimeter
Building Area Total 2540.0
Lot Size Acres 0.12
Road Surface Type Paved

Amenities

  • Foreclosure
  • Views
  • Short Sale
  • New Construction
  • Adult 55+
  • Lease To Own
  • No HOA Fees
  • Furnished
  • Primary On Main
  • Air Conditioning
  • Seller Finance
  • Green
  • Fixer Upper
  • Horse
  • Golf
  • Fireplace
  • Deck
  • Garage
  • Basement
  • Pool

Affordability Calculator

$3,786

Per Month

Based on the average sale price from the Hillsboro, OR office

  • Monthly Principal & interest $2,658
  • Monthly Property Taxes $1,062
  • Monthly Home Insurance $67
Adjust Payment Options
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Let's determine your purchasing power. Working with my mortgage partner, you'll have the information you need to shop for a home with confidence.

Default based on a 30-year fixed rate of 6.49% with 20% down. The estimated payment is offered for convenience and is not an offer of credit. Due to market fluctuations, interest rates are subject to change at any time and without notice. Your individual rate may vary. Rates may differ for FHA, VA, or jumbo loans.

Mortgage calculator provided courtesy of Inside Real Estate.

Schools

Elementary School Glencoe Elementary School
Middle School Mt Tabor Middle School
High School Franklin High School

Price History

9/4/2026 Listed $825,000

Property vs Zip Code Average in 97214

Price
AVG $910K
$830K
Taxes
AVG $10,047
$5,498
Year Built
AVG 1920
1942
Visits
AVG 76
23
Data Provided by Inside Real Estate®

Areas That We Cover

2333 Se 40th Ave Portland, OR is a Single Family Home for sale at $825000 with 2540 sqft and a lot size of 0.12 Acres Acre(s). 2333 Se 40th Ave Portland has 4 bedrooms, 2 baths and was built in 1942. The property's zip code is 97214 which is in Portland, OR

*Information deemed reliable but not guaranteed.

Financial calculator disclaimer: Default based on a 30-year fixed rate of 6.49% with 20% down. The estimated payment is offered for convenience and is not an offer of credit. Due to market fluctuations, interest rates are subject to change at any time and without notice. Your individual rate may vary. Rates may differ for FHA, VA or jumbo loans.

Mortgage calculator provided courtesy of Inside Real Estate.

All information deemed reliable, but not guaranteed, and should be independently verified. The real estate information and related content displayed on this site is provided for consumers personal, non-commercial use and may not be used for any purpose other than to identify prospective properties consumers may be interested in purchasing.