4511 SE 40TH AVE SE new Save Request In-Person Tour Request Virtual Tour
Portland,OR 97202
Key Details
Property Type Multi-Family
Listing Status Active
Purchase Type For Sale
Square Footage 2,045 sqft
Price per Sqft $317
Subdivision Woodstock
MLS Listing ID 348523201
Year Built 1999
Annual Tax Amount $8,293
Tax Year 2024
Lot Size 2,613 Sqft
Property Description
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.
Location
State OR
County Multnomah
Area _143
Zoning RM2
Interior
Heating Forced Air
Cooling Central Air
Exterior
Garage Spaces 1.0
View City
Roof Type Other
Building
Lot Description Trees
Story 2
Foundation Concrete Perimeter
Sewer Public Sewer
Water Public Water
Schools
Elementary Schools Grout
Middle Schools Hosford
High Schools Cleveland
Others
Acceptable Financing Cash,Conventional,FHA,VALoan
Listing Terms Cash,Conventional,FHA,VALoan