4511 Se 40th Ave Portland, OR 97202

Multi-Family (2-4 Units) MLS #: 348523201 Courtesy Of Berkshire Hathaway HomeServices Northwest Real Estate

$649,991

2,045 sq ft
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Est. Property Tax: $8,293
Estimated monthly payments: $3,532/mo.* (recalculate)

Property InformationDescription

Exceptional investment opportunity! 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.
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Features

  • Age: 21-30 Years Old
  • Architecture Style: Other
  • Heating System: Forced Air
  • Lot Size: 0.06 Acres
  • View Type: City

MAP & DIRECTIONS

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4511 Se 40th Ave, Portland, OR 97202
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School Information

4511 Se 40th Ave, Portland, OR 97202

Elementary School
Grades EE-5 | Public School
GROUT ELEMENTARY SCHOOL
Portland, OR 97202
3119 SE Holgate Blvd
503.­916.6209
Distance: 0.5 mi
School Rating
A
Student:Teacher Ratio
16:1
Total Students
350
Middle School
Grades 6-8 | Public School
HOSFORD MIDDLE SCHOOL
Portland, OR 97214
2303 SE 28th Pl
503.­916.5640
Distance: 1.3 mi
School Rating
B+
Student:Teacher Ratio
21:1
Total Students
675
High School
Grades 9-12 | Public School
CLEVELAND HIGH SCHOOL
Portland, OR 97202
3400 SE 26th Ave
503.­916.5120
Distance: 1.0 mi
School Rating
C
Student:Teacher Ratio
20:1
Total Students
1582
Other Nearby Schools Distance Type Grades School Rating
Creston Elementary School 0.5 mi Public EE-5 A-
St Ignatius School 0.6 mi Private PK-8
Tucker Maxon School 0.7 mi Private PK-5
Whole Child Montessori Center 0.7 mi Private PK-T1
Woodstock Elementary School 0.7 mi Public KG-5 B+
Sunstone Montessori School 1.0 mi Private PK
Mt Scott Park Center For Learning 1.1 mi Private 9-12
Franklin High School 1.1 mi Public 9-12 B+
Lewis Elementary School 1.1 mi Public KG-5 A
Richmond Elementary School 1.1 mi Public PK-5 A-
Arleta Elementary School 1.3 mi Public KG-5 A
Puddletown School 1.3 mi Private KG-6
Atkinson Elementary School 1.3 mi Public KG-5 A-
Holy Family School 1.4 mi Private PK-8
Winterhaven School 1.4 mi Public KG-8 A
Duniway Elementary School 1.5 mi Public KG-5 A+
Lane Middle School 1.6 mi Public 6-8 D-
This information is provided for general informational purposes only and should not be relied on in making any home-buying decisions. School information does not guarantee enrollment. Contact a local real estate professional or the school district(s) for current information on schools. This information is not intended for use in determining a person's eligibility to attend a school or to use or benefit from other city, town or local services.

Demographic Data

Portland, OR 97202

Median Age: 37.9
Married: 41%
Number of Households: 18,955
Households with Children: 25.3%
  • Occupancy Types
    • 0 Vacant
    • 0 Owned
    • 0 Rented
  • Transportation to Work
    • 0 Drive
    • 0 Public Transportation
    • 0 Walk / Bike / Other
    • 0 Work at Home
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