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$975,000 Just Listed

  • For Sale
  • Active
  • Single Family
  • 4 Beds
  • 2 Full Baths
  • 2,540 Sq. Ft.
  • Updated 1 hour ago

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Open House: 2:00 PM - 4:00 PM

Sunday 5/31 2:00 PM - 4:00 PM

2333 SE 40th Ave,Portland, OR 97214

2333 SE 40th AvePortlandOR97214

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Experience timeless mid-century design reimagined with refined updates, original character & exceptional versatility in the 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).The functional layout offers two bedrooms on the main level alongside spacious living & dining areas. The open kitchen features an island, quartzite 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 or 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, cafés & 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.

Full Property Details for 2333 SE 40th Ave

General

  • Price: $975,000
  • Taxes: $5,498 (2025)
  • Status: Active
  • Type: Single Family
  • Source: RWMLS
  • MLS ID: 154257407
  • Updated: 5/27/2026
  • Added to Site: 2 day(s) ago

Interior

  • Interior Features: Dual Flush Toilet, Hardwood Floors, Laundry, Quartz, Skylight(s), Tile Floor, Wall to Wall Carpet, Wood Floors
  • Fireplace: Yes
  • Number of Fireplaces: 2
  • Fireplace(s): Wood Burning
  • Appliances: Dishwasher, Disposal, Free-Standing Range, Free-Standing Refrigerator, Gas Appliances, Granite, Island, Pantry, Plumbed For Ice Maker, Range Hood, Stainless Steel Appliance(s), Tile

Rooms

Bathrooms

  • Total Bathrooms: 2
  • Full Bathrooms: 2
  • Main - Full Baths: 1
  • Lower - Full Baths: 1

Bedrooms

  • Total Bedrooms: 4
  • Primary Bedroom: 21 x 12, Upper, 252 Sq. Ft.
  • Bedroom 2: 12 x 12, Main, 144 Sq. Ft.
  • Bedroom 3: 12 x 10, Main, 120 Sq. Ft.
  • Bedroom 4: 24 x 14, Lower, 336 Sq. Ft.

Other Rooms

  • Living Room: 19 x 12, Main, 228 Sq. Ft.
  • Family Room: 38 x 21, Lower, 798 Sq. Ft.
  • Kitchen: 19 x 9, Main, 171 Sq. Ft.
  • Dining Room: 13 x 11, Main, 143 Sq. Ft.
  • Laundry: 10 x 9, Lower

Exterior

  • Exterior Features: RV Parking, Yard

Parking

  • Parking Features: Driveway, On Street

Location

  • County: Multnomah
  • Driving Directions: SE Cesar Chavez to SE Caruthers to SE 40th

School Information

  • Elementary School: Glencoe
  • Middle School: Mt Tabor
  • High School: Franklin

Community

  • Community Name: 143 - Portland Southeast

Heating & Cooling

  • Central air: Yes
  • Air Conditioning: Yes
  • Cooling Type: Central Air
  • Heating Type: Forced Air
  • Heating Fuel: Gas

Utilities

  • Sewer: Public Sewer
  • Water: Public Water

Structural Information

  • Property Detached: Yes
  • Architectural Style: Bungalow, Mid-Century Modern
  • Basement Desc.: Finished, Full Basement
  • Roof: Composition
  • Windows: Double Pane Windows, Vinyl Frames
  • Stories/Levels: 3
  • Square Feet: 2,540
  • Year Built: 1942
  • Property Condition: Updated/Remodeled

Lot Features

  • Lot Size (Acres): 0.12
  • Lot Size (Sq. Ft.): 5,227
  • Lot Size: 5, 000 to 6, 999 SqFt
  • Frontage: Paved
  • Lot Features: Level

Financial Considerations

  • Tax Amount: $5,498.34
  • Tax Year: 2025
  • Terms: Cash, Conventional, FHA, VA Loan

Disclosures and Reports

  • Legal Description: HOWES ADD, BLOCK 3, LOT 6
  • Disclosures/Reports: Disclosure
  • Property ID: R184107

Listed by Premiere Property Group, LLC (503) 670-9000, Kristina Horning (503) 523-8556

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Listing agent

— 2333 SE 40th Ave —

  • Kristina Horning

    Premiere Property Group, LLC

    503-670-9000

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NMLS#: 1598647

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NMLS#: 1598647

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Save up to an additional 20% by bundling your home and auto together!

Schools serving 2333 SE 40th Ave

School District:Portland School District 1j
NameGradesDistance
Glencoe Elementary School
825 Southeast 51st Avenue, Portland, OR 97215
K-51 mi
Mt Tabor Middle School
5800 Southeast Ash Street, Portland, OR 97215
6-81.4 mi
Franklin High School, Portland, OR
5405 Southeast Woodward Street, Portland, OR 97206
9-120.8 mi
Disclaimer: School attendance boundaries provided by ATTOM Data Solutions and are for reference only. Contact the school directly to verify enrollment eligibility.

Price & Sales History for 2333 SE 40th Ave Get Price Alerts and Save Property

Date
Details
Price
Change
Source
5/26/2026
Listed
$975,000
103.12%
MLS
9/29/2025
Sold
$480,000
—
Public Record
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Disclaimer: Historical sales information is derived from public records provided by the county offices. Information is not guaranteed and should be independently verified.

Tax History for 2333 SE 40th Ave

Year
Property Taxes
Change
Tax Assessment
Change
2025
$5,498
4%
$204,060
3%
2024
$5,301
4%
$198,120
3%
2023
$5,097
4%
$192,350
6%
2021
$4,902
-2%
$181,320
-3%
2022
$4,987
2%
$186,750
6%
2021
$4,902
13%
$176,040
3%
2019
$4,332
3%
$170,920
3%
2018
$4,205
4%
$165,950
3%
2017
$4,030
9%
$161,120
3%
2016
$3,688
3%
$156,430
3%
2015
$3,592
2%
$151,880
3%
2014
$3,537
2%
$147,460
3%
2013
$3,455
—
$143,170
—
View All
Disclaimer: Historical tax information is derived from public records provided by the county offices. Information is not guaranteed and should be independently verified.

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Listed by Premiere Property Group, LLC (503) 670-9000, Kristina Horning (503) 523-8556

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2333 SE 40th Ave, Portland, OR 97214 (MLS# 154257407) is a Single Family property with 4 bedrooms and 2 full bathrooms. 2333 SE 40th Ave is currently listed for $975,000 and was received on May 26, 2026. Want to learn more about 2333 SE 40th Ave? Do you have questions about finding other Single Family real estate for sale in Portland? You can browse all Portland real estate or contact a Coldwell Banker agent to request more information.

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