Alex Nassar

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 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 generous 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 a beautifully remodeled home with exceptional flexibility in one of Portland's most desirable neighborhoods. Walk Score 92, Bike Score 99. [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
Virtual Tour https://my.matterport.com/show/?m=MRB4uA9edMA&mls=1
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 $870K
$830K
Taxes
AVG $9,873
$5,498
Year Built
AVG 1923
1942
Visits
AVG 76
26
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.

Alex Nassar

Alex Nassar

Transaction Manager

503-840-0674

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