About This Home

This 4-bedroom, 2-bathroom single family at 2333 SE 40TH Ave in Portland, OR is listed for $825,000 ($325 per sqft). Built in 1942, the home offers 2,540 sqft of living space on a 0.12 acres lot.

Key Features

  • Built in 1942
  • 0.12 acre lot
  • 3 stories

Property Details

3 stories
2 full
1942

Amenities

A/C
Listing Description

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 updates. Expansive black-framed windows fill the home with natural light, while original hardwood floors and an arched opening from the living to dining preserve the warmth of the main level.

Overlooking the backyard, the beautifully remodeled open kitchen features ceiling-height cabinetry, granite counters, a breakfast nook, entertainer's island, abundant storage, and seamless flow into the living and dining areas. The upper primary bedroom features a skylight and walk-in closet, with potential to create a private ensuite bath.

The fully finished lower level adds an entirely different dimension to the home with a family room, wet bar, full bathroom, egress window, generous storage, fourth bedroom or flex space, separate entrance, and a second laundry area. The layout offers incredible versatility for multigenerational living, guests, work-from-home space, hobbies, or additional living and entertaining.

Outside, a fenced backyard and gated off-street parking provide room for multiple vehicles, an RV, boat, or recreational equipment-an uncommon find in this neighborhood. R2.5 zoning, a spacious corner lot, and city-approved plans for a detached two-car garage with future upper-level living space create even more possibilities, including potential ADU and additional development options (buyer to perform all due diligence).

Just minutes from neighborhood parks, Mount Tabor, and the restaurants, shops, coffee, and energy of Division and Hawthorne, this is a rare opportunity to enjoy the timeless appeal and vibrant lifestyle of one of Portland's most desirable neighborhoods. Walk Score 92, Bike Score 99. [Home Energy Score = 2. HES Report

Monthly Cost Estimate

$4,412/mo

20% down · 6.5% · 30 years

Principal$597
Interest$3,575
Insurance$241

Estimates only. Actual payments may vary.

Location

2333 SE 40TH Ave

Portland, OR 97214

RICHMOND / DIVISION

Features & Amenities

Interior Features

ConcreteFloorDualFlushToiletGraniteHardwoodFloorsLaundryQuartzSkylightTileFloorWalltoWallCarpetWoodFloors

Exterior Features

FencedPatioRVParkingRVBoatStorageYard

Property Details

Outdoor Features

Patio

Heating

Forced Air

Cooling

Central Air

Appliances

CookIslandDishwasherDisposalDownDraftFreeStandingGasRangeFreeStandingRefrigeratorGasAppliancesGraniteIslandPantryPlumbedForIceMakerPotFillerRangeHoodStainlessSteelApplianceTile

Questions & Answers

This 4-bedroom, 2-bathroom single family at 2333 SE 40TH Ave is listed at $825,000 ($325/sqft). The estimated monthly payment is $4,413 based on 20% down, a 30-year loan at 6.5% interest, estimated insurance.

Key features include: Built in 1942, 0.12 acre lot, 3 stories. Interior Features: ConcreteFloor, DualFlushToilet, Granite. Exterior Features: Fenced, Patio, RVParking.

This property is listed by Kristina Horning and can be reached at 5035238556.

KH

Kristina Horning

Agent at Premiere Property Group, LLC

(503) 523-8556
Agent website

Listed by Premiere Property Group, LLC · Broker phone: (503) 670-9000 · View on Broker Site · Broker website

MLS# 176208294· Source: Regional Multiple Listing Services· 23 days on PropertySimple

Copyright © 2026 Regional Multiple Listing Services. All rights reserved. All information provided by the listing agent/broker is deemed reliable but is not guaranteed and should be independently verified.

2333 SE 40TH Ave, Portland, OR 97214

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