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$1,195,000 Just Listed

  • For Sale
  • Active
  • Single Family
  • 6 Beds
  • 3 Full Baths
  • 2,847 Sq. Ft.
  • Updated 4 hours ago

Next open house:

Open House: 1:00 PM - 3:00 PM

Saturday 3/7 1:00 PM - 3:00 PM

2425 NE 40th Ave,Portland, OR 97212

2425 NE 40th AvePortlandOR97212

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  • Open House: 1:00 PM - 3:00 PM

    Sunday 3/8 1:00 PM - 3:00 PM

    2425 NE 40th Ave,Portland, OR 97212
    2425 NE 40th AvePortlandOR97212
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OPEN Sat 3/7 1-3pm & Sun 3/8 1-3pm stop by and see this classic 1916 craftsman bungalow in Grant Park! Updated throughout! Ideally located in the Grant Park neighborhood...live in the heart of Northeast Portland! Timeless charm in the spacious living room with hardwood floors and a focus on the original wood fireplace with rich woodwork details. Easy entertaining! Brand new kitchen with tile floor, quartz slab counters, cabinetry, skylight, stainless appliances and gas range. Six true bedrooms! Main floor bedrooms, one with french doors that open to the deck and backyard..would make a great home office! Retreat upstairs to a cozy bedroom suite with balcony for sunsets, large closet, and full bathroom. Amazing attic storage area. The fully finished lower level expands the home's livability - sparkly new bedroom suite complete with a spacious bedroom, tiled bathroom , and walk-in closet space. A comfortable family room and a tiled laundry room adds everyday convenience. Rest easy...new high efficient gas furnace, tankless water heater, roof & gutters, updated plumbing and electrical, double pane windows throughout. Enjoy the new easy-care composite deck and brick patio this summer! Single car garage with door opener, new driveway. Blocks to Grant Park with tree-lined walking paths, community gardens and swimming pool, and the fully renovated Grant Park High School. Enjoy the Hollywood area- Whole Foods, coffee shops, restaurants, MAX, bus lines, easy access to freeway...quick trip to the airport! [Home Energy Score = 1. HES Report at https://rpt.greenbuildingregistry.com/hes/OR10231461]

Full Property Details for 2425 NE 40th Ave

General

  • Price: $1,195,000
  • Taxes: $9,795 (2025)
  • Status: Active
  • Type: Single Family
  • Source: RWMLS
  • MLS ID: 642059400
  • Updated: 3/6/2026
  • Added to Site: 1 day(s) ago

Interior

  • Interior Features: Garage Door Opener, Hardwood Floors, Laundry, Luxury Vinyl Plank, Quartz, Skylight(s), Tile Floor
  • Fireplace: Yes
  • Number of Fireplaces: 1
  • Fireplace(s): Wood Burning
  • Appliances: Dishwasher, Disposal, Free-Standing Gas Range, Free-Standing Refrigerator, Microwave, Quartz, Range Hood, Stainless Steel Appliance(s), Tile

Rooms

Bathrooms

  • Total Bathrooms: 3
  • Full Bathrooms: 3
  • Upper - Full Baths: 1
  • Main - Full Baths: 1
  • Lower - Full Baths: 1

Bedrooms

  • Total Bedrooms: 6
  • Primary Bedroom: 12 x 16, Lower, 192 Sq. Ft.
  • Bedroom 2: 11 x 13, Main, 143 Sq. Ft.
  • Bedroom 3: 11 x 13, Main, 143 Sq. Ft.
  • Bedroom 4: 16 x 13, Upper, 208 Sq. Ft.
  • Bedroom 5: 12 x 10, Main, 120 Sq. Ft.

Other Rooms

  • Living Room: 23 x 21, Main, 483 Sq. Ft.
  • Family Room: 11 x 17, Lower, 187 Sq. Ft.
  • Kitchen: 15 x 13, Main, 195 Sq. Ft.
  • Dining Room: 13 x 13, Main, 169 Sq. Ft.
  • Laundry: 8 x 12, Lower

Exterior

  • Exterior Features: Deck, Fenced, Patio, Yard

Parking

  • Garage: Yes
  • Total Spaces: 1
  • Parking Features: Driveway

Location

  • County: Multnomah
  • Subdivision: GRANT PARK
  • Driving Directions: NE Knott, South on NE 40th, between Brazee & Thompson

School Information

  • Elementary School: Beverly Cleary
  • Middle School: Beverly Cleary
  • High School: Grant

Community

  • Community Name: 142 - Portland Northeast

Heating & Cooling

  • Central air: Yes
  • Air Conditioning: Yes
  • Cooling Type: Central Air
  • Heating Type: Forced Air - 95+%
  • Heating Fuel: Gas

Utilities

  • Sewer: Public Sewer
  • Water: Public Water

Structural Information

  • Property Detached: Yes
  • Architectural Style: Bungalow, Craftsman
  • Basement Desc.: Finished, Full Basement
  • Roof: Composition
  • Windows: Double Pane Windows, Vinyl Frames
  • Stories/Levels: 3
  • Square Feet: 2,847
  • Year Built: 1916
  • 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
  • Lot Dimensions: 50 x 100
  • Frontage: Paved
  • Lot Features: Level

Green Features

  • Green Certified: Yes

Financial Considerations

  • Tax Amount: $9,795.84
  • Tax Year: 2025
  • Terms: Cash, Conventional, FHA, VA Loan

Disclosures and Reports

  • Legal Description: ROSSMERE, BLOCK 13, LOT 3
  • Disclosures/Reports: Disclosure
  • Property ID: R262432

Listed by Windermere Realty Trust (503) 284-7755, Allison Johnson (503) 704-0038

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Listing agent

— 2425 NE 40th Ave —

  • Allison Johnson

    Windermere Realty Trust

    503-284-7755

503-704-0038

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NMLS#: 1598647

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

Be ready to buy your new home!

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NMLS#: 1598647

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Find the right home insurance for your new home!

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

Schools serving 2425 NE 40th Ave

School District:Portland School District 1j
NameGradesDistance
Beverly Cleary School
1915 Northeast 33rd Avenue, Portland, OR 97212
K-80.5 mi
Grant High School
2245 Northeast 36th Avenue, Portland, OR 97212
9-120.2 mi
Disclaimer: School attendance boundaries provided by Pitney Bowes and are for reference only. Contact the school directly to verify enrollment eligibility.

Price & Sales History for 2425 NE 40th Ave Get Price Alerts and Save Property

Date
Details
Price
Change
Source
3/05/2026
Listed
$1,195,000
95.02%
MLS
8/29/2024
Sold
$612,750
—
Public Record
Get Price Alerts and Save Property
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 2425 NE 40th Ave

Year
Property Taxes
Change
Tax Assessment
Change
2025
$9,796
4%
$363,550
3%
2024
$9,444
4%
$352,970
3%
2023
$9,081
4%
$342,690
6%
2021
$8,734
-2%
$323,020
-3%
2022
$8,884
2%
$332,710
6%
2021
$8,734
13%
$313,620
3%
2019
$7,718
3%
$304,490
3%
2018
$7,491
2%
$295,630
—
2017
$7,373
9%
$294,750
3%
2016
$6,747
3%
$286,170
3%
2015
$6,570
2%
$277,840
3%
2014
$6,471
8%
$269,750
3%
2013
$5,986
—
$261,900
—
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 Windermere Realty Trust (503) 284-7755, Allison Johnson (503) 704-0038

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2425 NE 40th Ave, Portland, OR 97212 (MLS# 642059400) is a Single Family property with 6 bedrooms and 3 full bathrooms. 2425 NE 40th Ave is currently listed for $1,195,000 and was received on March 05, 2026. Want to learn more about 2425 NE 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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