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Sold
  • $600,000

    4511 SE 40th Ave Unit A, Portland, OR 97202

    3beds
    2,045sqft
    Multi Family
    Built in 1999
    -- sqft lot
    $-- Zestimate®
    $293/sqft
    $1,683 Estimated rent

    Home value

    Not available

    Estimated sales range

    Not available

    $1,683/mo

    Zestimate® history
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    What's special

    Huge price improvement, owners have contingent offer on another property and need to sell. Don’t miss out on this incredible opportunity for this amazing property! Exceptional investment opportunity for this duplex, qualifies for special financing if owner occupied, This fully remodeled property features both a stunning main residence and a separate ADU (Accessory Dwelling Unit) with proven Airbnb rental history averaging $2,000 monthly over 3+ years. Main Residence Highlights-Modernized kitchen featuring new appliances, tile countertops, and freshly painted gray cabinets- Elegant upgrades including custom light fixtures, new electrical switches and outlets throughout- Fresh two-tone paint on walls and ceilings- Durable laminate vinyl plank flooring and 6' baseboards- Smart thermostat and new AC system- Two spacious bedrooms, including primary suite with dual walk-in closets- New covered deck with custom design-Professional landscaping- Full perimeter fencing with new concrete walkways- Superior insulation: R-60 in attic and new crawl space coverage- Oversized one-car garage. ADU Features:- Complete one-bedroom unit- Full kitchen with stove, microwave, and refrigerator- Bedroom. walk in closet-bathroom. This thoughtfully renovated property combines modern amenities with proven income potential, making it an attractive investment opportunity.

    Zillow last checked:

    Listing updated:

    Listed by:

    John Goodnight 541-913-8257,

    Berkshire Hathaway HomeServices NW Real Estate

    Bought with:

    Eric Holmes, 200608111

    Dwell Realty

    Source: RMLS (OR),MLS#: 348523201MLS Logo

    Facts & features

    Interior

    Bedrooms & bathrooms
    • Bedrooms: 3
    • Bathrooms: 3
    • Full bathrooms: 3
    Heating
    • Forced Air, Fireplace(s)
    Cooling
    • Central Air, Air Conditioning
    Appliances
    • Included: Refrigerator, Other Water Heater
    Features
    • Flooring: Wood
    • Basement: None
    Interior area
    • Total structure area: 2,045
    • Total interior livable area: 2,045 sqft

    Property

    Parking
    • Total spaces: 2
    • Parking features: Garage, Garage Door Opener
    • Garage spaces: 1
    • Has uncovered spaces: Yes
    Features
    • Stories: 2
    • Has view: Yes
    • View description: City
    Lot
    • Size: 2,613 sqft
    • Dimensions: 2725
    • Features: Trees, SqFt 0K to 2999
    Details
    • Parcel number: R181818
    • Zoning: RM2

    Construction

    Type & style
    • Home type: MultiFamily
    • Property subtype: Multi Family
    Materials
    • Lap Siding, Other
    • Foundation: Concrete Perimeter
    • Roof: Other
    Condition
    • Existing
    • Year built: 1999

    Utilities & green energy

    • Sewer: Public Sewer
    • Water: Public
    • Utilities for property: Other Internet Service

    Community & neighborhood

    Security
    • Security features: None
    Location
    • Region: Portland
    • Subdivision: Woodstock

    HOA & financial

    Other financial information
    • Total actual rent: 2000

    Other

    Other facts
    • Listing terms: Cash,Conventional,FHA,VA Loan
    • Road surface type: Paved

    Price history

    DateEventPrice
    7/8/2026Listing removed$1,695$1/sqft
    Source: Zillow Rentals Report a problem
    6/18/2026Price change$1,695-5.6%$1/sqft
    Source: Zillow Rentals Report a problem
    6/10/2026Listed for rent$1,795-10%$1/sqft
    Source: Zillow Rentals Report a problem
    5/21/2025Sold$600,000-1.6%$293/sqft
    Source: RMLS (OR) #348523201 Report a problem
    4/14/2025Pending sale$610,000$298/sqft
    Source: RMLS (OR) #348523201 Report a problem
    4/8/2025Price change$610,000-4.7%$298/sqft
    Source: RMLS (OR) #348523201 Report a problem
    3/11/2025Price change$639,991-1.5%$313/sqft
    Source: RMLS (OR) #348523201 Report a problem
    2/20/2025Listed for sale$649,991+37.9%$318/sqft
    Source: RMLS (OR) #348523201 Report a problem
    2/17/2021Listing removed--
    Source: Owner Report a problem
    1/27/2020Sold$471,500+32.8%$231/sqft
    Source: RMLS (OR) #19005515 Report a problem
    2/28/2015Listing removed$1,995$1/sqft
    Source: Owner Report a problem
    1/29/2015Listed for rent$1,995$1/sqft
    Source: Owner Report a problem
    10/8/2014Sold$355,000-2.7%$174/sqft
    Source: Public Record Report a problem
    9/13/2014Listed for sale$365,000+78.1%$178/sqft
    Source: Bellmoore Realty, LLC Report a problem
    10/1/1999Sold$204,900$100/sqft
    Source: Public Record Report a problem

    Public tax history

    YearProperty taxesTax assessment
    2025$8,602 +3.7%$319,250 +3%
    2024$8,293 +4%$309,960 +3%
    2023$7,975 +2.2%$300,940 +3%
    2022$7,802 +1.7%$292,180 +3%
    2021$7,670 +9%$283,670 +3%
    2020$7,036 +3.8%$275,410 +3%
    2019$6,777 $267,390 +3%
    2018$6,777 +3%$259,610 +3%
    2017$6,578 +14%$252,050 +3%
    2016$5,770 $244,710 +3%
    2015$5,770 +24.1%$237,590 +3%
    2014$4,650 +16.6%$230,670 +3%
    2013$3,987 +10.6%$223,960 +3%
    2012$3,604 +2.6%$217,440 +3%
    2011$3,515 -12.6%$211,110 +3%
    2010$4,022 -4.7%$204,970 +3%
    2009$4,221 +2.9%$199,000 +3%
    2008$4,103 +0.3%$193,210 +3%
    2007$4,091 +11.4%$187,590 +3%
    2006$3,673 +4.7%$182,130 +3%
    2005$3,509 -8.2%$176,830 +3%
    2004$3,821 +2.3%$171,680 +3%
    2003$3,737 +8.9%$166,680 +3%
    2002$3,432 +7.4%$161,830 +6.1%
    2000$3,196 $152,550

    Find assessor info on the county website

    Neighborhood: Woodstock

    Nearby schools

    GreatSchools rating
    Schools provided by the listing agent
    • Elementary: Grout
    • Middle: Hosford
    • High: Cleveland

    Source: RMLS (OR). This data may not be complete. We recommend contacting the local school district to confirm school assignments for this home.

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