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Pending
$799,000

4731 SE 40th Ave, Portland, OR 97202

5beds
2,710sqft
: 
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Residential, Single Family Residence
Built in 1907
5,227 Square Feet Lot
$-- Zestimate®
$295/sqft
$-- HOA

What's special

Hot tubFlexible layoutStylishly remodeled kitchenConvenient jack-and-jill bathTongue-and-groove ceilingsHigh ceilingsStunning designer-inspired primary suite
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]
18 days
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1,638
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181
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Likely to sell faster than

Zillow last checked:

Listing updated:

Listed by:

Phuong Hart 503-321-2000,

Corcoran Prime,

Jeffrey Hurder 503-929-8991,

Corcoran Prime

Source: RMLS (OR),MLS#: 668277082MLS Logo

    Facts & features

    Interior

    Bedrooms & bathrooms
    • Bedrooms: 5
    • Bathrooms: 3
    • Full bathrooms: 3
    • Main level bathrooms: 1
    Rooms
    • Room types: Bedroom 4, Bedroom 5, 2nd Kitchen, Bedroom 2, Bedroom 3, Dining Room, Family Room, Kitchen, Living Room, Primary Bedroom
    Primary bedroom
    • Features: Ensuite, Walkin Closet, Wallto Wall Carpet
    • Level: Upper
    Bedroom 2
    • Features: Wallto Wall Carpet
    • Level: Upper
    Bedroom 3
    • Features: Wallto Wall Carpet
    • Level: Main
    Bedroom 4
    • Features: Wallto Wall Carpet
    • Level: Main
    Bedroom 5
    • Level: Lower
    Dining room
    • Features: Tile Floor
    • Level: Main
    Family room
    • Features: Wood Floors
    • Level: Main
    Kitchen
    • Features: Builtin Features, Gas Appliances, Island, Tile Floor
    • Level: Main
    Living room
    • Features: Wood Floors
    • Level: Main
    Heating
    • Forced Air
    Cooling
    • Central Air
    Appliances
    • Included: Built-In Range, Built-In Refrigerator, Dishwasher, Gas Appliances, Washer/Dryer, Gas Water Heater
    Features
    • High Ceilings, Wainscoting, Built-in Features, Kitchen Island, Walk-In Closet(s), Tile
    • Flooring: Concrete, Hardwood, Tile, Wall to Wall Carpet, Wood
    • Basement: Finished,Separate Living Quarters Apartment Aux Living Unit
    Interior area
    • Total structure area: 2,710
    • Total interior livable area: 2,710 sqft
    Video & virtual tour

    Property

    Parking
    • Parking features: On Street
    • Has uncovered spaces: Yes
    Features
    • Stories: 3
    • Patio & porch: Covered Deck, Porch
    • Exterior features: Dog Run, Garden, Yard
    • Fencing: Fenced
    Lot
    • Size: 5,227 Square Feet
    • Features: Seasonal, SqFt 5000 to 6999
    Details
    • Additional structures: SeparateLivingQuartersApartmentAuxLivingUnit
    • Parcel number: R172271

    Construction

    Type & style
    • Home type: SingleFamily
    • Architectural style: Farmhouse
    • Property subtype: Residential, Single Family Residence
    Materials
    • Cement Siding, Shingle Siding
    • Roof: Composition
    Condition
    • Resale
    • New construction: No
    • Year built: 1907

    Utilities & green energy

    • Gas: Gas
    • Sewer: Public Sewer
    • Water: Public

    Community & HOA

    Community
    • Subdivision: Reed/Woodstock
    HOA
    • Has HOA: No
    Location
    • Region: Portland

    Financial & listing details

    • Price per square foot: $295/sqft
    • Tax assessed value: $700,790
    • Annual tax amount: $6,936
    • Date on market: 6/19/2026
    • Cumulative days on market: 18 days
    • Listing terms: Cash,Conventional
    • Road surface type: Paved

      Estimated market value

      Not available

      Estimated sales range

      Not available

      Not available

      Price history

      DateEventPrice
      6/30/2026Pending sale$799,000$295/sqft
      Source: RMLS (OR) #668277082 Report a problem
      6/19/2026Listed for sale$799,000+31%$295/sqft
      Source: RMLS (OR) #668277082 Report a problem
      11/15/2019Sold$610,000$225/sqft
      Source: RMLS (OR) #19141384 Report a problem
      10/11/2019Pending sale$610,000$225/sqft
      Source: Urban Nest Realty #19141384 Report a problem
      10/5/2019Price change$610,000-2.4%$225/sqft
      Source: Urban Nest Realty #19141384 Report a problem
      9/3/2019Pending sale$625,000$231/sqft
      Source: Urban Nest Realty #19141384 Report a problem
      8/8/2019Listed for sale$625,000+61.9%$231/sqft
      Source: Urban Nest Realty #19141384 Report a problem
      8/2/2013Sold$386,000$142/sqft
      Source: RMLS (OR) #13217388 Report a problem
      11/20/2012Listing removed$1,795$1/sqft
      Source: Owner Report a problem
      10/6/2012Price change$1,795-5.3%$1/sqft
      Source: Owner Report a problem
      9/28/2012Price change$1,895-5%$1/sqft
      Source: Owner Report a problem
      9/21/2012Listed for rent$1,995$1/sqft
      Source: Owner Report a problem

      Public tax history

      YearProperty taxesTax assessment
      2025$6,936 +3.7%$257,420 +3%
      2024$6,687 +4%$249,930 +3%
      2023$6,430 +2.2%$242,660 +3%
      2022$6,291 +1.7%$235,600 +3%
      2021$6,185 +9%$228,740 +3%
      2020$5,674 +9.1%$222,080 +8.2%
      2019$5,202 $205,260 +3%
      2018$5,202 +3%$199,285 +10.6%
      2017$5,049 +22.4%$180,150 +3%
      2016$4,124 $174,910 +3%
      2015$4,124 +2.7%$169,820 +3%
      2014$4,016 +3.9%$164,880 +3%
      2013$3,863 +10.5%$160,080 +3%
      2012$3,495 +3.9%$155,420 +3%
      2011$3,363 +5.4%$150,900 +3%
      2010$3,191 +2.7%$146,510 +3%
      2009$3,108 +6%$142,250 +3%
      2008$2,933 +0.3%$138,110 +3%
      2007$2,924 +11.4%$134,090 +3%
      2006$2,626 +4.7%$130,190 +3%
      2005$2,508 -8.2%$126,400 +3%
      2004$2,732 +2.3%$122,720 +3%
      2003$2,671 +8.9%$119,150 +3%
      2002$2,453 +7.4%$115,680 +6.1%
      2000$2,285 $109,050

      Find assessor info on the county website

      Monthly payment

      Est. payment

      Payment breakdown

      Explore the cost of this home by adjusting the details. Changes won't be saved.
      All calculations are estimates and provided by Zillow, Inc. for informational purposes only. Actual amounts may vary.
      HOA fees may include property taxes on listings classified as Co-Ops. Contact the listing agent and/or owner for fee details.
      Mortgage interest rates are dependent on a number of factors, including credit score, down payment, and repayment length. Interest rate data provided by Zillow Group Marketplace, Inc. as of 1/1/1970 from various mortgage lenders with which we have lead or other similar arrangements; the Estimated Payment is an average of those rates.
      See how much you could borrow to make a competitive offer.

      Climate risks

      Neighborhood: Woodstock

      Getting around

      74 / 100
      Very Walkable
      48 / 100
      Some Transit
      86 / 100
      Very Bikeable

      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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