4505 NE 40th Ave
Portland, OR 97211
- 3 beds
- 1 bath
- 2,346 sqft
- 5,227 sqft lot
- $255 per sqft
- 1947 build
- – on site
Nestled in the heart of the desirable Beaumont-Wilshire neighborhood, this beautifully updated Cape Cod-style home offers the perfect blend of comfort and convenience. Fresh interior paint throughout, featuring gleaming wood floors, brand-new LVP flooring in the kitchen, and new carpet in the upstairs loft bedroom/bonus space. The updated kitchen boasts new quartz countertops, bringing both style and durability to the space. Large picture windows fill the home with natural light, while the cozy wood-burning fireplace adds warmth to the inviting living area. The bathroom features stylish small hex tile flooring and a sleek walk-in shower, creating a timeless feel. The expansive basement provides incredible versatility with a bonus room, laundry area, extra storage, and a dedicated work area. Outside, the private backyard retreat features a covered patio, raised garden beds, and plenty of room to relax or entertain. This home is located in prime location! Just minutes from Fernhill Park, New Seasons Market, and the lively Alberta Arts and Beaumont districts, offering an array of trendy restaurants, cafes, and boutique shopping. Don’t miss this move-in-ready gem! [Home Energy Score = 2. HES Report at https://rpt.greenbuildingregistry.com/hes/OR10236177]
Last checked:
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Checking…
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Last updated Mar 28, 2025
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MLS# 614330983 —
The Building
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Year Built:1947
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New Construction:false
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Architectural Style:Stories2, Capecod
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Roof:Composition
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Stories:3
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Basement:FullBasement,PartiallyFinished
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Exterior Description:Cedar
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Exterior Features:CoveredPatio, Fenced, RaisedBeds, StormDoor
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Building Area Description:Measured
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Building Area Total:2346.0
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Building Area Calculated:1404
Interior
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Interior Features:LuxuryVinylPlank, Quartz, WalltoWallCarpet, WoodFloors
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Fireplace:true
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Fireplaces Total:1
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Fireplace Features:WoodBurning
Room Dimensions
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Main Level Area Total:942
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Upper Level Area Total:462
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Lower Level Area Total:942
Financial & Terms
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Bank Owned:false
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Land Lease:false
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Short Sale:false
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Home Warranty:false
Location
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Directions:On North corner of NE 40th and Prescott
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Latitude:45.555697
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Longitude:-122.622746
The Property
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Parcel Number:R171186
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Property Type:Residential
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Property Subtype:SingleFamilyResidence
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Property Condition:Resale
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Lot Features:CornerLot
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Lot Size Range:SqFt5000to6999
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Lot Size Acres:0.12
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Lot Size SqFt:5227.0
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View:false
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Property Attached:false
Listing Agent
- Contact info:
- Agent phone:
- (971) 533-9182
- Office phone:
- (503) 652-1235
Taxes
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Tax Year:2024
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Tax Legal Description:GOING ST ADD, BLOCK 8, LOT 8
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Tax Annual Amount:4824.28
Beds
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Bedrooms Total:3
Baths
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Total Baths:1
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Full Baths:1
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Total Baths:1.0
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Total Baths Main Level:1.0
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Full Baths Main Level:1
The Listing
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Virtual Tour URL Unbranded:https://media.cbhomephotography.com/sites/kjwklpb/unbranded
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Virtual Tour URL Unbranded 2:https://www.zillow.com/view-3d-home/2b05f54a-b045-4022-a2b8-976ede79cf8f
Heating & Cooling
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Heating:ForcedAir
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Heating:true
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Cooling:false
Utilities
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Sewer:PublicSewer
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Hot Water Description:Gas
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Water Source:PublicWater
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Fuel Description:Gas
Appliances
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Appliances:FreeStandingRange, FreeStandingRefrigerator, Quartz
Schools
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Elementary School:Vernon
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Middle Or Junior School:Vernon
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High School:Jefferson
The Community
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Senior Community:false
Parking
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Attached Garage:false
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Garage Type:Detached
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Garage Spaces:1.0
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Parking Total:1.0
Monthly cost estimate

Asking price
$599,900
Expense | Monthly cost |
---|---|
Mortgage
This calculator is intended for planning and education purposes only. It relies on assumptions and information provided by you regarding your goals, expectations and financial situation, and should not be used as your sole source of information. The output of the tool is not a loan offer or solicitation, nor is it financial or legal advice. |
$3,212
|
Taxes | $402 |
Insurance | $164 |
Utilities | $178 See report |
Total | $3,956/mo.* |
*This is an estimate |
Walk Score®
Provided by WalkScore® Inc.
Walk Score is the most well-known measure of walkability for any address. It is based on the distance to a variety of nearby services and pedestrian friendliness. Walk Scores range from 0 (Car-Dependent) to 100 (Walker’s Paradise).
Bike Score®
Provided by WalkScore® Inc.
Bike Score evaluates a location's bikeability. It is calculated by measuring bike infrastructure, hills, destinations and road connectivity, and the number of bike commuters. Bike Scores range from 0 (Somewhat Bikeable) to 100 (Biker’s Paradise).
Transit Score®
Provided by WalkScore® Inc.
Transit Score measures a location's access to public transit. It is based on nearby transit routes frequency, type of route (bus, rail, etc.), and distance to the nearest stop on the route. Transit Scores range from 0 (Minimal Transit) to 100 (Rider’s Paradise).
Soundscore™
Provided by HowLoud
Soundscore is an overall score that accounts for traffic, airport activity, and local sources. A Soundscore rating is a number between 50 (very loud) and 100 (very quiet).
Air Pollution Index
Provided by ClearlyEnergy
The air pollution index is calculated by county or urban area using the past three years data. The index ranks the county or urban area on a scale of 0 (best) - 100 (worst) across the United Sates.
Sale history
Date | Event | Source | Price | % Change |
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3/26/25
Mar 26, 2025
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Listed / Active | RMLS | $599,900 |

40% of nearby similar homes sold for over asking price
Similar homes that sold in bidding wars went $25k above asking price on average, but some went as high as $80k over asking price.