Listing provided courtesy of Premiere Property Group, LLCMLS# 154257407MLS Provider
  • 35 days on site
  • 0 views

Timeless mid-century design reimagined with refined updates, original character, and exceptional versatility on a desirable corner lot in one of Portland's most sought-after neighborhoods. Refinished original hardwood floors, abundant natural light & black framed windows create a dramatic first impression, complemented by a crisp black-and-white exterior. Extensive improvements include new siding, roof, A/C & the convenience of dual laundry areas (main + basement), along with rare off-street gate driveway parking and room for an RV/boat' an exceptional find for inner Southeast Portland. The functional layout offers two bedrooms and a bath on the main level alongside spacious living & dining areas. The open kitchen features an island, high-end granite countertops & ceiling-height designer-selected cabinetry. The lower level'with egress window, private side entrance, full bath, bar sink, storage & flexible enclosed space'offers endless possibilities, ideal for a fourth bedroom, family room, guest quarters, multigenerational living or potential dual-living setup. Rare R2.5 zoning provides opportunity for future expansion with potential for a garage, ADU or lot split (buyer to verify). City-approved plans available for a custom 2-car garage with upper-level living space & bath; price subject to increase if built to specifications. Enjoy easy access to both Division & Hawthorne'known for award-winning dining, boutique shopping, caf??s & Portland's vibrant culture. Nearby favorites include acclaimed restaurants such as St. Jack, Ava Gene's & more, along with proximity to Mount Tabor Park, neighborhood parks & recreation. Exceptional walkability with a Walk Score of 94, Bike Score of 99 & convenient transit access make this an unmatched urban lifestyle opportunity.

Source: Regional MLS, MLS#: 154257407

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Open House

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  • Tuesday
    June
    30
    11:00AM - 1:00PM PDT
  • Property Type
    Residential
  • Lot
    0.12 acres

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DAWN BARRY-GRIFFIN

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  • Median Age
    36
  • Population Density
    9,926
  • College Educated
    69%
  • Estimated Median Income
    $74,871
  • Estimated Total Home Owners
    4,343
  • Estimated Total Renters
    9,709
  • Owner / Renter Divide
    31% / 69%
  • Estimated Average Household Size
    2
  • Total Population
    28,348
  • Community data courtesy of LiveBy, Inc.

Owning this Home

$
$ %
%
* All calculations are estimates and provided by Reliance Network, for informational purposes only. Actual amounts may vary. ** Assumes 6.50% APR, 20% down payment, and conventional 30-year fixed rate first mortgage. Rates cited are for instructional purposes only; current rates are subject to change at any time without notice. You should not make any decisions based simply on the information provided. Additional required amounts such as taxes, insurance, homeowner association dues, assessments, mortgage insurance premiums, flood insurance or other such required payments should also be considered. Contact your mortgage company for current rates and additional information. Any mortgage broker or insurance agent that may appear is independent and is not affiliated with, endorsed by, or provided by the MLS.

Life at 2333 SE 40TH AVE


Schools


School data courtesy of LiveBy, Inc.
Ratings are based on a scale of 1-5, with 5 being the highest rating and 1 being the lowest rating. The schools displayed on this website are for informational purposes only and may not represent a complete or up-to-date list. School assignments are subject to change and should be verified directly with the local school district. Please contact the appropriate school district to confirm school zoning and enrollment eligibility for this property.

History

Date Event Value Agent
6/18/2026Source: Regional MLS Price Reduction
$899,000 -5.4%
6/10/2026Source: Regional MLS Price Reduction
$950,000 -2.6%
5/26/2026Source: Regional MLS Added to Database
May 26, 2026
10/2/2025Source: Regional MLS Status Change
Sold
9/7/2025Source: Regional MLS Status Change
Pending
8/29/2025Source: Regional MLS Status Change
Active
8/19/2025Source: Regional MLS Status Change
Pending
8/14/2025Source: Regional MLS Price Reduction
$495,000 -5.7%
7/8/2025Source: Regional MLS Added to Database
July 08, 2025