Nestled in the vibrant heart of Southeast Portland, this beautiful Craftsman bungalow places you just down the street from the iconic Hawthorne Blvd and blocks from Division St. New Seasons is just down the street for your gourmet groceries, and Fred Meyer is just around the corner for everything else. Explore renowned restaurants, cozy cafes, unique boutique shops, and even a movie theater, all from your front door. With a Walk Score of 95, a Bike Score of 100, and three bus lines nearby, a car-free lifestyle is not just possible; it's easy.
Step inside to discover a home filled with character, featuring hardwood floors, crown molding, and beautiful woodwork. A previous owner was a carpenter, and his influence can be found throughout the house, including with a beautiful faux-Grandfather clock in the dining room, hiding a laundry chute. The inviting living room is anchored by a large picture window, offering a peaceful view of the tree-lined street. The well-equipped kitchen features a 6-burner gas stove, large refrigerator, dishwasher, pantry, and a built-in wine rack.
There are two downstairs bedrooms, each with a Queen-sized bed, as well as a full bath.
The private upstairs retreat is a fully carpeted master suite, designed for both relaxation and productivity. It includes:
* A spacious bedroom with a comfortable California King-sized bed.
* A private bathroom with a large, walk-in shower.
* A dedicated, large office space - perfect for remote work.
* Ample storage in multiple closets.
Additional Amenities:
* Off-street parking
* Full-sized washer and dryer
* Abundant storage
* Second fridge in basement
Don't just visit Portland... Live it.
Sold for $750,000
$750,000
1848 SE 40th Ave, Portland, OR 97214
3beds
1,600sqft
Single Family Residence
Built in ----
-- sqft lot
$751,200 Zestimate®
$469/sqft
$3,107 Estimated rent
Home value
$751,200
$699,000 - $811,000
$3,107/mo
Zestimate® history
Owner options
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$3,107/mo
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$3,107/mo
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$4,666/mo
Est. payment
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$4,666/mo
Est. payment
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List your homeWhat's special
Second fridge in basementAbundant storageBeautiful woodworkFully carpeted master suiteCrown moldingHardwood floorsOff-street parking
Zillow last checked:
Listing updated:
Source: Zillow Rentals
Facts & features
Interior
Bedrooms & bathrooms
- Bedrooms: 3
- Bathrooms: 2
- Full bathrooms: 2
Heating
- Forced Air
Appliances
- Included: Dishwasher, Dryer, Microwave, Oven, Refrigerator, Washer
- Laundry: In Unit
Features
- Flooring: Carpet, Hardwood
- Furnished: Yes
Interior area
- Total interior livable area: 1,600 sqft
Property
Parking
- Parking features: Off Street
- Details: Contact manager
Features
- Exterior features: Heating system: Forced Air
Details
- Parcel number: R211885
Construction
Type & style
- Home type: SingleFamily
- Property subtype: Single Family Residence
Community & HOA
Community
- Deposit fee: $1,998
Location
- Region: Portland
Financial & listing details
- Price per square foot: $469/sqft
- Tax assessed value: $640,340
- Annual tax amount: $4,222
- Date on market: 1/16/2026
- Date available: 01/16/2026
- Lease term: 1 Month
Price history
| Date | Event | Price |
|---|---|---|
| 2/4/2026 | Listing removed | $3,995$2/sqft |
Source: Zillow Rentals Report a problem | ||
| 1/17/2026 | Listed for rent | $3,995$2/sqft |
Source: Zillow Rentals Report a problem | ||
| 6/13/2025 | Sold | $750,000+415.5%$469/sqft |
Source: Public Record Report a problem | ||
| 11/22/1995 | Sold | $145,500$91/sqft |
Source: Public Record Report a problem | ||
Public tax history
| Year | Property taxes | Tax assessment |
|---|---|---|
| 2025 | $4,222 -33.9% | $156,690 -34.4% |
| 2024 | $6,390 +4% | $238,830 +3% |
| 2023 | $6,145 +2.2% | $231,880 +3% |
| 2022 | $6,011 +1.7% | $225,130 +3% |
| 2021 | $5,910 +9% | $218,580 +3% |
| 2020 | $5,422 +3.8% | $212,220 +3% |
| 2019 | $5,222 | $206,040 +3% |
| 2018 | $5,222 +3% | $200,040 +3% |
| 2017 | $5,069 +14% | $194,220 +3% |
| 2016 | $4,446 | $188,570 +3% |
| 2015 | $4,446 +2.7% | $183,080 +3% |
| 2014 | $4,329 +3.9% | $177,750 +3% |
| 2013 | $4,165 +10.5% | $172,580 +3% |
| 2012 | $3,768 +3.9% | $167,560 +3% |
| 2011 | $3,626 +5.4% | $162,680 +3% |
| 2010 | $3,440 +2.7% | $157,950 +3% |
| 2009 | $3,350 +6% | $153,350 +3% |
| 2008 | $3,162 +0.3% | $148,890 +3% |
| 2007 | $3,152 +11.4% | $144,560 +3% |
| 2006 | $2,831 +4.7% | $140,350 +3% |
| 2005 | $2,704 -8.2% | $136,270 +3% |
| 2004 | $2,945 +2.3% | $132,310 +3% |
| 2003 | $2,880 +8.9% | $128,460 +3% |
| 2002 | $2,645 +14% | $124,720 +12.6% |
| 2000 | $2,320 | $110,730 |
Find assessor info on the county website
Neighborhood: Richmond
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Nearby schools
GreatSchools rating
- 10/10Glencoe Elementary SchoolGrades: K-5Distance: 0.7 mi
- 10/10Mt Tabor Middle SchoolGrades: 6-8Distance: 1.1 mi
- 6/10Franklin High SchoolGrades: 9-12Distance: 0.8 mi
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Estimated market value
$751,200
Get a cash offer in 3 minutes
Find out how much your home could sell for in as little as 3 minutes with a no-obligation cash offer.
Estimated market value
$751,200
- Oregon
- Multnomah County
- Portland
- 97214
- Richmond
- 1848 SE 40th Ave