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About This Home
This 4-bedroom, 2-bathroom single family at 2333 SE 40TH Ave in Portland, OR is listed for $975,000 ($384 per sqft). Built in 1942, the home offers 2,540 sqft of living space on a 0.12 acres lot.
Experience timeless mid-century design reimagined with refined updates, original character & exceptional versatility in one of Portland's most sought-after neighborhoods. Refinished 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 RV/boat parking-an exceptional find for inner Southeast Portland.The functional layout offers two bedrooms 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 fully tiled 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 o
r 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, cafes & 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.
Key Features
- Built in 1942
- 0.12 acre lot
- 3 stories
Property Details
Amenities
Monthly Cost Estimate
$5,215/mo
20% down · 6.5% · 30 years
Estimates only. Actual payments may vary.
Location
2333 SE 40TH Ave
Portland, OR 97214
RICHMOND / DIVISION
Features & Amenities
Interior Features
Exterior Features
Property Details
Heating
Cooling
Appliances
Questions & Answers
This 4-bedroom, 2-bathroom single family at 2333 SE 40TH Ave is listed at $975,000 ($384/sqft). The estimated monthly payment is $4,225 based on 20% down at 6.5% interest.
Key features include: Built in 1942, 0.12 acre lot, 3 stories. Interior Features: DualFlushToilet, HardwoodFloors, Laundry. Exterior Features: RVParking, Yard.
This property is listed by Kristina Horning and can be reached at 5035238556 or kristina@yourlifestyleliving.com.








