10244 SW 40th Ave, Portland, OR 97219
What's special
Welcome home to this beautifully remodeled 1949 classic on a corner lot in the sought-after Huber neighborhood! Offering 5 bedrooms, 3 full bathrooms, and 2,300 square feet across three levels, this home blends timeless character with modern comfort. The main level features a warm and inviting living and dining area centered around a wood-burning fireplace, perfect for cool Portland evenings. Recent updates include luxury vinyl flooring, new light fixtures, fresh interior and exterior paint, and a beautifully remodeled kitchen with new cabinets, quartz countertops, and stainless steel appliances, including a built-in microwave and dishwasher. A true standout is the fully finished basement featuring separate living quarters with its own exterior entrance, second full kitchen, bathroom, and two bedrooms. This flexible layout is ideal for extended family, multigenerational living, or an owner-occupant seeking additional privacy and separation. Property is currently classified as a single-family residence and is not permitted as a legal duplex or ADU, but offers potential for future conversion and separate rental income, subject to city approval. Additional features include forced-air heating with central A/C, an attached 2-car garage, composition shingle roof, and a low-maintenance yard with a deck for relaxing or entertaining. Adding to the appeal is its unique setting next to the future Jackson Middle School Athletic Hub, currently being transformed with new synthetic turf fields, an upgraded 8-lane track, field lighting, improved pathways, and landscaping. This exciting neighborhood investment will create an impressive recreational setting just steps from your door, with schools, parks, and everyday conveniences close by. Classic 1949 charm, modern updates, and flexible living possibilities make this a unique opportunity! [Home Energy Score = 5. HES Report at https://rpt.greenbuildingregistry.com/hes/OR10222488]
- 29 days
- 2,432
- 201
Travel times
Living Room/Dining Room
Kitchen
Primary Bedroom
Primary Bathroom
Bedroom
Bedroom
Family Room
Kitchen
Bedroom
Office
Breakfast Nook
Zillow last checked:
Listing updated:
Troy D Doty P.C. info@nwrealtysource.com,
Northwest Realty Source
Facts & features
Interior
Bedrooms & bathrooms
- Bedrooms: 5
- Bathrooms: 3
- Full bathrooms: 3
Heating
- Forced Air 90
Cooling
- Central Air
Appliances
- Included: Dishwasher, Range, Refrigerator, Microwave, Gas Water Heater, Tank Water Heater
- Laundry: Washer Dryer Hookup
Features
- Basement: Finished,Full,Separate Living Quarters Apartment Aux Living Unit
Interior area
- Total structure area: 2,300
- Total interior livable area: 2,300 sqft
Video & virtual tour
Property
Parking
- Total spaces: 2
- Parking features: Driveway, Garage
- Garage spaces: 2
- Has uncovered spaces: Yes
Features
- Stories: 3
Lot
- Features: Level, SqFt 3000 to 4999
Details
- Parcel number: R184362
- Zoning: RM1
Construction
Type & style
- Home type: MultiFamily
- Property subtype: Multi Family
Materials
- Cedar
- Foundation: Concrete Perimeter, Slab
Condition
- Updated/Remodeled
- Year built: 1949
Utilities & green energy
- Gas: Gas
- Sewer: Public Sewer
- Water: Public
- Utilities for property: Cable Connected
Community & HOA
Community
- Subdivision: Capitol Hill
Location
- Region: Portland
Financial & listing details
- Price per square foot: $239/sqft
- Tax assessed value: $583,860
- Annual tax amount: $8,382
- Date on market: 10/14/2026
- Listing terms: Cash,Conventional,FHA,VA Loan
- Total actual rent: 4350
- Road surface type: Paved
Price history
| Date | Event | Price |
|---|---|---|
| 10/21/2026 | Price change | $549,900-4.4%$239/sqft |
Source: | ||
| 10/1/2026 | Price change | $575,000-4.2%$250/sqft |
Source: | ||
| 9/14/2026 | Price change | $599,900-4.8%$261/sqft |
Source: | ||
| 8/27/2026 | Price change | $629,900-1.6%$274/sqft |
Source: | ||
| 8/12/2026 | Price change | $639,900-1.5%$278/sqft |
Source: | ||
| 7/23/2026 | Price change | $649,900-4.1%$283/sqft |
Source: | ||
| 6/25/2026 | Listed for sale | $677,900+7.9%$295/sqft |
Source: | ||
| 2/27/2026 | Sold | $628,500$273/sqft |
Source: Public Record Report a problem | ||
Public tax history
| Year | Property taxes | Tax assessment |
|---|---|---|
| 2025 | $8,383 +3.7% | $311,400 +3% |
| 2024 | $8,082 +4% | $302,340 +3% |
| 2023 | $7,771 +2.2% | $293,540 +3% |
| 2022 | $7,603 +1.7% | $284,990 +3% |
| 2021 | $7,474 +9% | $276,690 +3% |
| 2020 | $6,856 +3.8% | $268,640 +3% |
| 2019 | $6,604 | $260,820 -5% |
| 2018 | $6,604 +3% | $274,610 +11.7% |
| 2017 | $6,410 +14.2% | $245,860 +3% |
| 2016 | $5,615 | $238,700 +3% |
| 2015 | $5,615 +15.4% | $231,760 +3% |
| 2014 | $4,865 +26.8% | $225,010 +3% |
| 2013 | $3,836 +11.8% | $218,460 +3% |
| 2012 | $3,430 -6.1% | $212,100 +3% |
| 2011 | $3,653 -9.3% | $205,930 +3% |
| 2010 | $4,028 -2.7% | $199,940 +3% |
| 2009 | $4,140 +3.7% | $194,120 +3% |
| 2008 | $3,993 +4.2% | $188,470 +3% |
| 2007 | $3,830 +14.7% | $182,980 +3% |
| 2006 | $3,339 +4.1% | $177,660 +0.6% |
| 2005 | $3,209 -5.8% | $176,590 +3% |
| 2004 | $3,407 +5.8% | $171,450 +3% |
| 2003 | $3,219 +12.9% | $166,470 +3% |
| 2002 | $2,852 +7.8% | $161,630 +6.1% |
| 2000 | $2,645 | $152,360 |
Monthly payment
Estimated market value
Not available
Estimated sales range
Not available
Not available
Climate risks
Explore flood, wildfire, and other predictive climate risk information for this property on First Street®️.