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Presented by: Like Kind RealtyPowered by Highrises
For Sale

$525,000

4531 SE 40th Ave, Portland, OR 97202

  • 3Beds
  • 4Baths
  • 1869SqFt
  • 3Beds
  • 4Baths
  • 1869SqFt
  • Property Type
    Townhouse
  • Year Built
    1999
  • Price per Sqft
    $281
  • On highrises
    9 Days
  • Garage
    1 Car

Property Details

Quiet and private urban townhome offers spacious living, pleasant views and convenience to prime cafes and shops. Two treehouse-like decks expand living space with east/west views. Two en-suite bedrooms with walk-in closets on the upper floor, plus a separate ground-floor two-room suite, support multigenerational living. The ground floor unit, currently a popular, licensed, short-term rental, which netted $24, 800 in 2024, is being sold turnkey and fully furnished. Upgrades include hardwood floors throughout the two upper floors, custom built-in bookcases, and unpainted cedar trim. With a single car garage, off-street parking, and fenced-in backyard, this versatile townhome is an ideal, low maintenance, single family home alternative. Recent updates include a new furnace (2024), fresh paint inside and out (2021), new refrigerator, range, kitchen sink, washroom sink, washer/dryer and updated light fixtures (2020). Neighborhood favorites include Trader Joes, Keeper Coffee, Cafe Rowan. Convenient to Reed College, Woodstock, and Creston Pool. No HOA or dues! [Home Energy Score = 6. HES Report at

Property Features

Bedrooms

  • Bedrooms: 3
  • Primary Bedroom Dimensions: 12 x 15
  • Bedroom 2 Dimensions: 10 x 14
  • Bedroom 3 Dimensions: 11 x 12
  • Primary Bedroom Level: Upper
  • Bedroom 2 Level: Upper
  • Bedroom 3 Level: Lower
  • Primary Bedroom Features: Bathroom, CeilingFan
  • Bedroom 2 Features: Bathroom, CeilingFan
  • Bedroom 3 Features: Bathroom, ClosetOrganizer
Call: 1 855 961 0679

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By proceeding, you consent to receive calls and texts at the number you provided, including marketing by autodialer and prerecorded and artificial voice, and email, from Teacup Real Estate Media and 
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  • Presented by:
  • Natalie Strom
  • state license#201217486

Discover More

Learn more about 4531 SE 40th Ave

Call: 1 855 961 0679

Or fill out the contact form

By proceeding, you consent to receive calls and texts at the number you provided, including marketing by autodialer and prerecorded and artificial voice, and email, from Teacup Real Estate Media and 
 about your inquiry and other home-related matters, but not as a condition of any purchase.