Portland, OR 97214,2333 SE 40TH AVE
Portland, OR 97214,2333 SE 40TH AVE,Video Tour
Portland, OR 97214,2333 SE 40TH AVE
33
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Listed by Living Room Realty
$525,000
Est. payment /mo
3 Beds
1.1 Baths
2,540 SqFt
New

2333 SE 40TH AVE Portland, OR 97214

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Key Details

Property Type Single Family Home

Sub Type Single Family Residence

Listing Status Active

Purchase Type For Sale

Square Footage 2,540 sqft

Price per Sqft $206

Subdivision Richmond

MLS Listing ID 334948615

Style Bungalow

Bedrooms 3

Full Baths 1

Year Built 1942

Annual Tax Amount $5,300

Tax Year 2024

Lot Size 5,227 Sqft

Property Sub-Type Single Family Residence

Property Description

Bring your vision to life in this classic 2,540 sq ft bungalow, ideally situated on an oversized corner lot in one of SE Portland's most desirable neighborhoods. Just blocks from the energy of Division, Hawthorne, and Clinton, this property offers a rare opportunity with incredible potential. The main floor features two bedrooms, a full bath, original hardwood floors, a cozy fireplace, and a charming kitchen with an inviting eat-in nook. Upstairs, a third bedroom awaits your creative touch, while the expansive unfinished basement provides ample space for additional living area, storage, or future development.Outside, a detached garage offers off-street parking or the perfect opportunity for an ADU conversion. Zoned R2.5, the lot allows for up to four units—making this an exceptional project for developers, builders, or investors seeking flexibility and upside. Whether you're looking to renovate, expand, or completely reimagine the space, the possibilities here are as exciting as the location itself. Buyer to conduct due diligence. Don't miss this rare chance to create value in the heart of Portland's vibrant inner eastside. [Home Energy Score = 2. HES Report at https://rpt.greenbuildingregistry.com/hes/OR10239426]

Location

State OR

County Multnomah

Area _143

Zoning R2.5

Rooms

Basement Unfinished

Interior

Interior Features Laundry, Washer Dryer, Wood Floors

Heating Forced Air

Fireplaces Number 1

Fireplaces Type Wood Burning

Exterior

Parking Features Detached

Garage Spaces 1.0

Roof Type Composition

Garage Yes

Building

Lot Description Level

Story 3

Sewer Public Sewer

Water Public Water

Level or Stories 3

Schools

Elementary Schools Glencoe

Middle Schools Mt Tabor

High Schools Franklin

Others

Senior Community No

Acceptable Financing Cash

Listing Terms Cash

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Regional Multiple Listing Service (RMLS)

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agent

Suzanne Clark

Your Trusted Advisor, Principle Broker, Licensed in OR | License ID: 200608182

+1(503) 806-9332

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2333 SE 40TH AVE