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Listed by Berkshire Hathaway HomeServices NW Real Estate
$610,000
Est. payment /mo
2,045 SqFt
Pending
4511 SE 40TH AVE SE Portland, OR 97202
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Key Details
Property Type Multi-Family
Listing Status Pending
Purchase Type For Sale
Square Footage 2,045 sqft
Price per Sqft $298
Subdivision Woodstock
MLS Listing ID 348523201
Year Built 1999
Annual Tax Amount $8,293
Tax Year 2024
Lot Size 2,613 Sqft
Property Description
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.
Location
State OR
County Multnomah
Area _143
Zoning RM2
Rooms
Basement None
Interior
Heating Forced Air
Cooling Central Air
Exterior
Garage Spaces 1.0
View City
Roof Type Other
Garage No
Building
Lot Description Trees
Story 2
Foundation Concrete Perimeter
Sewer Public Sewer
Water Public Water
Level or Stories 2
Schools
Elementary Schools Grout
Middle Schools Hosford
High Schools Cleveland
Others
Acceptable Financing Cash, Conventional, FHA, VALoan
Listing Terms Cash, Conventional, FHA, VALoan

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