10244 SW 40TH AVE, Portland, OR 97219

$575,000
2,300
SqFt

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List Price
$575,000
Days on Market
0
MLS#
576653717
Property Type
Multifamily
Sqft. of Residence
2,300
Lot Size
3, 000 to 4, 999 SqFt
Region
Portland NW/ SW/ S, Raleigh Hills
Status
ACTIVE

Property Description

Welcome home to this beautifully remodeled 1949 classic on a corner lot in the sought-after Huber neighborhood! Offering 5 bedrooms, 3 full bathrooms, and 2,300 square feet across three levels, this home blends timeless character with modern comfort. The main level features a warm and inviting living and dining area centered around a wood-burning fireplace, perfect for cool Portland evenings. Recent updates include luxury vinyl flooring, new light fixtures, fresh interior and exterior paint, and a beautifully remodeled kitchen with new cabinets, quartz countertops, and stainless steel appliances, including a built-in microwave and dishwasher. A true standout is the fully finished basement featuring separate living quarters with its own exterior entrance, second full kitchen, bathroom, and two bedrooms. This flexible layout is ideal for extended family, multigenerational living, or an owner-occupant seeking additional privacy and separation. Property is currently classified as a single-family residence and is not permitted as a legal duplex or ADU, but offers potential for future conversion and separate rental income, subject to city approval. Additional features include forced-air heating with central A/C, an attached 2-car garage, composition shingle roof, and a low-maintenance yard with a deck for relaxing or entertaining. Adding to the appeal is its unique setting next to the future Jackson Middle School Athletic Hub, currently being transformed with new synthetic turf fields, an upgraded 8-lane track, field lighting, improved pathways, and landscaping. This exciting neighborhood investment will create an impressive recreational setting just steps from your door, with schools, parks, and everyday conveniences close by. Classic 1949 charm, modern updates, and flexible living possibilities make this a unique opportunity! [Home Energy Score = 5. HES Report at https://rpt.greenbuildingregistry.com/hes/OR10222488]

Additional Information

Tax Amount
$8,382
Year Built
1949
High School
Ida B Wells
Elementary School
Markham
Middle School
Jackson
Garage Spaces
2
Living Area
2,300
Stories
3
Subdivision
CAPITOL HILL
Terms
Cash, Conventional, FHA, VA Loan
Cooling Description
Central Air
Fuel Description
Gas
Heating Description
Forced Air - 90%, Wall Heater
Hoa Rent Includes
Electricity, Gas, Heat, Maintenance Grounds, Sewer, Water
Hot Water Description
Gas, Tank
Exterior Description
Cedar
Sewer Description
Public Sewer
Parking
Driveway, Garage
Parking Description
Driveway, Garage
Covenants/Restrictions
Yes
Road Surface
Paved
Number Of Units Total
2
Unit Type One Baths Total
2
Unit Type One Beds Total
3
Unit Type One Rent
2650
Unit Type One Sq Ft
1358
Unit Type One Units Total
1
Unit Type Two Baths Total
1
Unit Type Two Beds Total
2
Unit Type Two Units Total
1

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Calculator source: Real Geeks

Listing courtesy of Northwest Realty Source.

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