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$550,000 Just Listed

  • For Sale
  • Active
  • Single Family
  • 2 Beds
  • 1 Full Bath
  • 1 Partial Bath
  • 1,718 Sq. Ft.
  • Updated 2 hours ago

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

Saturday 4/4 2:00 PM - 4:00 PM

4825 NE 40th Ave,Portland, OR 97211

4825 NE 40th AvePortlandOR97211

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  • Open House: 2:00 PM - 4:00 PM

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

    4825 NE 40th Ave,Portland, OR 97211
    4825 NE 40th AvePortlandOR97211
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Set on a quiet, tucked-away street in the heart of the Alberta Arts neighborhood, this 1940s charmer blends timeless character with thoughtful updates and beautiful natural light throughout. Inside, the home feels warm and welcoming, with coved ceilings, picture rail molding, hardwood floors, and a classic fireplace. Large windows fill the space with light, while the open living, dining, and kitchen areas make everyday living and entertaining feel easy and connected. Recent updated include fresh interior paint, beautifully refinished oak floors, a new high-efficiency furnace and A/C, and updated kitchen appliances. Flexible spaces throughout offer endless possibilities. Large "room" behind the extra-deep garage has been used as an art studio with beautiful north-facing light and could also serve as a workshop, gym, home office, or additional parking. The full basement is bright, dry, and comfortable year-round, offering great potential for future expansion- more bedrooms, a home office, creative space, or ADU. The backyard is a true sanctuary-private, peaceful, and surrounded by mature landscaping. Heritage roses, blooming camellias, and a stunning native dogwood create a lush setting, while garden beds offer space to grow flowers and vegetables. A sweet garden shed and Japanese-style fence add to the charm. Step out your front door and you're just moments from Alberta, 42nd, New Seasons, Pizza Jerk, Oakshire Brewing, and neighborhood parks. All of this on a peaceful non-through street with a strong sense of community, an annual block party, and a beloved little free library out front. Welcome home.

Full Property Details for 4825 NE 40th Ave

General

  • Price: $550,000
  • Taxes: $5,304 (2025)
  • Status: Active
  • Type: Single Family
  • Source: RWMLS
  • MLS ID: 458434920
  • Updated: 4/2/2026
  • Added to Site: 1 day(s) ago

Interior

  • Interior Features: Hardwood Floors, Washer/Dryer
  • Fireplace: Yes
  • Number of Fireplaces: 1
  • Fireplace(s): Wood Burning
  • Appliances: Dishwasher, Free-Standing Gas Range, Free-Standing Refrigerator

Rooms

Bathrooms

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

Bedrooms

  • Total Bedrooms: 2
  • Primary Bedroom: 13 x 9, Main, 117 Sq. Ft.
  • Bedroom 2: 10 x 9, Main, 90 Sq. Ft.

Other Rooms

  • Living Room: 19 x 13, Main, 247 Sq. Ft.
  • Kitchen: 12 x 7, Main, 84 Sq. Ft.
  • Dining Room: 10 x 8, Main, 80 Sq. Ft.

Exterior

  • Exterior Features: Fenced, Garden, Tool Shed, Yard

Parking

  • Garage: Yes
  • Attached garage: Yes
  • Total Spaces: 1
  • Parking Features: Driveway, On Street

Location

  • County: Multnomah
  • Driving Directions: Alberta Court to NE 40th

School Information

  • High School District: Jefferson
  • Elementary School: Vernon
  • Middle School: Vernon
  • High School: Leodis McDaniel

Community

  • Community Name: 142 - Portland Northeast

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: 2 Story
  • Basement Desc.: Full Basement
  • Roof: Composition
  • Stories/Levels: 2
  • Square Feet: 1,718
  • Year Built: 1942
  • Property Condition: Resale

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
  • Lot Features: Level, Private

Financial Considerations

  • Tax Amount: $5,304.64
  • Tax Year: 2025
  • Terms: Cash, Conventional, FHA

Disclosures and Reports

  • Legal Description: GOING ST ADD, BLOCK 3, LOT 3
  • Disclosures/Reports: Disclosure
  • Property ID: R171103

Listed by Windermere Realty Trust (503) 284-7755, Erin Rothrock (503) 784-3810 and Windermere Realty Trust (503) 636-5000, Tyler Trowbridge (503) 816-6100

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Listing agents

— 4825 NE 40th Ave —

  • Erin Rothrock

    Windermere Realty Trust

    503-284-7755

  • Tyler Trowbridge

    Windermere Realty Trust

    503-636-5000

503-784-3810

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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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with our affiliated in-house agency

Request a Quote

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

Schools serving 4825 NE 40th Ave

School District:Portland School District 1j
NameGradesDistance
Vernon Elementary School
2044 Northeast Killingsworth Street, Portland, OR 97211
K-81.1 mi
Jefferson High School, Portland, OR
5210 North Kerby Avenue, Portland, OR 97217
9-122.4 mi
Leodis V. McDaniel High School
3905 Southeast 91st Avenue, Portland, OR 97266
9-125.1 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 4825 NE 40th Ave Get Price Alerts and Save Property

Date
Details
Price
Change
Source
4/01/2026
Listed
$550,000
27.91%
MLS
6/09/2017
Sold
$430,000
—
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 4825 NE 40th Ave

Year
Property Taxes
Change
Tax Assessment
Change
2025
$5,305
4%
$196,870
3%
2024
$5,114
4%
$191,140
3%
2023
$4,918
4%
$185,580
6%
2021
$4,730
-2%
$174,940
-3%
2022
$4,811
2%
$180,180
6%
2021
$4,730
13%
$169,850
3%
2019
$4,180
3%
$164,910
3%
2018
$4,057
4%
$160,110
3%
2017
$3,888
9%
$155,450
3%
2016
$3,559
3%
$150,930
3%
2015
$3,465
2%
$146,540
3%
2014
$3,413
2%
$142,280
3%
2013
$3,334
—
$138,140
—
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.

Estimate the Cost for 4825 NE 40th Ave

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Listed by Windermere Realty Trust (503) 284-7755, Erin Rothrock (503) 784-3810 and Windermere Realty Trust (503) 636-5000, Tyler Trowbridge (503) 816-6100

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4825 NE 40th Ave, Portland, OR 97211 (MLS# 458434920) is a Single Family property with 2 bedrooms, 1 full bathroom and 1 partial bathroom. 4825 NE 40th Ave is currently listed for $550,000 and was received on April 01, 2026. Want to learn more about 4825 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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