4731 SE 40TH AVE, Portland, OR 97202 | MLS #668277082 | Cascade Hasson Sotheby’s International Realty
 
Listing provided courtesy of Corcoran PrimeMLS# 668277082MLS ProviderContact Information: 503-321-2000
  • 11 days on site
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OPEN HOUSE 6/27, 11am-1pm. Best of Old and New! This beautifully preserved 1907 farmhouse blends timeless character with thoughtful modern updates. Original charm shines throughout with high ceilings, built-ins, hardwood floors, tongue-and-groove ceilings, and classic beadboard details. The stylishly remodeled kitchen and stunning designer-inspired primary suite bring contemporary comfort to this historic home. With 5 bedrooms, 3 bathrooms, including a convenient Jack-and-Jill bath, and two full kitchens; there is room for everyone. A sliding glass door opens to a private deck overlooking a beautifully landscaped, fully fenced backyard oasis complete with a hot tub (new in 2023), fire pit gathering area, and lush lawn. The lower level is configured as a private living space with its own entrance, full kitchen, and flexible layout. Currently operating as a successful Airbnb, this space enjoys strong occupancy and offers excellent income-producing potential or an ideal setup for guests, multigenerational living, or a home office. A rare opportunity to enjoy historic farmhouse charm, modern amenities, and exceptional versatility all in one remarkable property in a coveted neighborhood! Home Energy Score = 3. HES Report at https://rpt.greenbuildingregistry.com/hes/OR10026278

Source: Regional MLS, MLS#: 668277082

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  • Property Type
    Residential
  • Lot
    0.12 acres

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Tekela Fisher

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  • Median Age
    37
  • Population Density
    5,954
  • College Educated
    66%
  • Estimated Median Income
    $86,351
  • Estimated Total Home Owners
    9,199
  • Estimated Total Renters
    8,995
  • Owner / Renter Divide
    51% / 49%
  • Estimated Average Household Size
    2
  • Total Population
    43,744
  • Community data courtesy of LiveBy, Inc.

Owning this Home

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* All calculations are estimates and provided by Reliance Network, for informational purposes only. Actual amounts may vary. ** Assumes 6.50% APR, 20% down payment, and conventional 30-year fixed rate first mortgage. Rates cited are for instructional purposes only; current rates are subject to change at any time without notice. You should not make any decisions based simply on the information provided. Additional required amounts such as taxes, insurance, homeowner association dues, assessments, mortgage insurance premiums, flood insurance or other such required payments should also be considered. Contact your mortgage company for current rates and additional information. Any mortgage broker or insurance agent that may appear is independent and is not affiliated with, endorsed by, or provided by the MLS.

History

Date Event Value Agent
6/30/2026Source: Regional MLS Status Change
Pending
6/19/2026Source: Regional MLS Added to Database
June 19, 2026