5017 Se 40TH Ave, Portland, OR 97202

• 4 beds |
• 2 baths |
• 1,840 sqft

Property Description

Beautifully refreshed corner-lot duplex with two stylish, move-in-ready units. The upper 3 bed / 1 bath features large rooms, updated kitchen, living room with cozy wood-burning fireplace and generous storage, while the lower 1 bed / 1 bath offers the same modern comfort and efficiency. Both units include AC and heat units, updated kitchens with newer appliances and in-unit laundry, and each residence enjoys its own separately fenced, landscaped yard for privacy and outdoor living. Walking distance to Reed College and Woodstock’s cafés, markets, and parks, with multiple nearby bus lines for easy commuting. Currently tenant-occupied, purchase as your own or we are offering stability with excellent long-term, mid-term, or rental versatility—buyer to verify use options. [Home Energy Score = 5. HES Report at https://rpt.greenbuildingregistry.com/hes/OR10206804]

Listing Status:

Active

Date Added:

November 3, 2025 at 06:00AM

Listing Office:

Keller Williams Realty Portland Premiere : 503-597-2444

Listing Agent:

Noah Kirshbaum : 503-957-3836

MLS ID:

540311485

Interior

• General: Ceiling fanHardwood floorsLaundrySeparate living quarters apartment aux living unit
• Appliances: Free standing rangeFree standing refrigeratorQuartzRange hood
• Basement: DaylightFinished
• A/C: Air conditioning ready
• Heating: Forced air
• Fireplace: Wood burningFireplaceFireplaces: 1
• Disability Feature: Caregiver quartersMain floor bedroom bath

Exterior

• General: BrickWood sidingCovered patioDeckFencedYard
• Style: Daylight ranchMid century modern
• Parking: DrivewayParking spaces: 0

Construction

• Roofing: Composition
• Windows: DoublePaneWindowsVinylFrames
• General: SlabStem wall

Location

• Road/Access: Paved
• Originating MLS: Regional Multiple Listing ServiceInc.
• County: Multnomah

Lot

• Zoning: R5PORTERS ADDBLOCK 9E 1/2 OF LOT 1&2R245879

Utilities

• Water: Public water
• Sewer: Public sewer

Financial

• Source: Regional Multiple Listing ServiceInc.

This listing courtesy of Noah Kirshbaum, Keller Williams Realty Portland Premiere