5523 SE 40TH AVE, Portland, OR 97202
5523 SE 40TH AVE, Portland, OR 97202
5523 SE 40TH AVE, Portland, OR 97202
5523 SE 40TH AVE, Portland, OR 97202
5523 SE 40TH AVE, Portland, OR 97202
5523 SE 40TH AVE, Portland, OR 97202
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Listed by MORE Realty • 503-475-7423
$ 525,000
Est. payment | /mo

2 Beds

2 Baths

1,526 SqFt


Save
$ 525,000
Est. payment | /mo
Save

2 Beds

2 Baths

1,526 SqFt

Key Details

Property Type Single Family Home

Sub Type Single Family Residence

Listing Status Active

Purchase Type For Sale

Square Footage 1,526 sqft

Price per Sqft $344

MLS Listing ID 497514717

Style Cabin, Daylight Ranch

Bedrooms 2

Full Baths 2

HOA Y/N No

Year Built 1920

Annual Tax Amount $5,142

Tax Year 2025

Lot Size 5,227 Sqft

Property Sub-Type Single Family Residence

Property Description

Uniquely designed and incredibly chic European inspired "cabin-style" 1 bedroom home with additional 1 bedroom newly renovated living unit offering extra income opportunity! This super cool home feels like your own private tree-house with ultra-privacy and West Hills sunset views! An array of windows and skylights flood the home with natural light, and the mantled fireplace brings cozy warm winter nights to life! Located on a quiet and lush dead-end street in the coveted and conveniently close-in Woodstock/Reed College neighborhood. The huge attached covered decks on each floor offer valuable and fun year-round outdoor living space options. The main home features high vaulted natural-wood ceilings with skylights throughout to give this home hard to match bright and airy environment. Outstanding custom built-ins galore allow ultimate personalization and storage options throughout the home. A very bright and open-air kitchen is loaded with cabinet and pantry storage, and maximum counter top space with eating bar that is ideal for cooking and gathering. Beautiful ceramic tile and granite kitchen countertops and tiled bathtub/shower add even more custom appeal. The 1 bedroom living space in the walk-out lower level was newly constructed in 2025 with a current $1,700 month-to-month rental income. Other recent upgrades include a mini-split HVAC in 2023, new roof in 2023, new sewer line in 2022, and a new radon system in 2024. All Appliances, including a Wolf Professional Gas Range, are being offered with the home as well! This is truly unique and rare gem of a home awaits you!

Location

State OR

County Multnomah

Area _143

Rooms

Basement Exterior Entry, Finished, Separate Living Quarters Apartment Aux Living Unit

Interior

Interior Features Ceiling Fan, High Ceilings, Laundry, Separate Living Quarters Apartment Aux Living Unit, Skylight, Tile Floor, Vaulted Ceiling, Washer Dryer

Heating Forced Air

Cooling Mini Split

Fireplaces Number 1

Fireplaces Type Wood Burning

Appliance Dishwasher, Free Standing Gas Range, Free Standing Range, Free Standing Refrigerator, Gas Appliances, Pantry, Solid Surface Countertop, Stainless Steel Appliance, Tile

Exterior

Exterior Feature Covered Deck, Covered Patio, Deck, Garden, Guest Quarters, Second Residence, Yard

View Territorial

Roof Type Composition

Garage No

Building

Lot Description Bluff, Gentle Sloping, Secluded, Trees

Story 2

Foundation Concrete Perimeter

Sewer Public Sewer

Water Public Water

Level or Stories 2

Schools

Elementary Schools Woodstock

Middle Schools Lane

High Schools Cleveland

Others

Senior Community No

Acceptable Financing Cash, Conventional

Listing Terms Cash, Conventional

Regional Multiple Listing Service (RMLS)

Nearby Locations

Carrie Warlaumont

"My job is to find and attract mastery-based agents to the office, protect the culture, and make sure everyone is happy! "

+1(503) 803-3812

carriewarlaumont@epique.me

1026 SW Greenburg Rd Fl 4, Portland, OR 97223

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5523 SE 40TH AVE