$999,900

4401 SW 40th Ave Portland, OR 97221

$10,000
Closing credit¹
4 beds
3 full
4,358 sqft
0.3 acres
$229 / sqft
House

Property details

About 4401 SW 40th Ave

Welcome to a custom 1974 home that’s as unique as it is impressive—where every detail has been meticulously crafted to offer a perfect blend of sophistication, functionality, and style. With sweeping, multi-level design, soaring ceilings, and flexible spaces that cater to your every need, this home is built for entertaining, relaxing, and living your best life. From the moment you step into the show stopping living room, you’ll be struck by the dramatic tongue and groove wood ceilings, built-in bookshelves, and an expansive open-concept layout that creates an effortless flow. A beautiful gas stove adds a touch of warmth and character, making this space the perfect setting for cozy nights or lively gatherings. The expansive kitchen boasts custom oak cabinetry, leather granite countertops and a chef’s range over looking the backyard oasis. Upstairs, you’ll find three generously sized bedrooms, plus a primary ensuite. The updated bathroom features heated floors and skylights that flood the space with natural light, while the walk-in closet offers ample room for your wardrobe.The expansive gymnasium room is ready for whatever you envision—whether that’s a space to break a sweat, an artist's studio, or an ADU. Adjacent to this, the sauna is ready to help you unwind and recharge. Step outside to your backyard oasis, where a brand-new Trex deck extends your living space outdoors. Simply enjoy the peaceful, mature landscaping-with native plants, fruit trees, and a garden. This yard offers both beauty and bounty. Whether you're entertaining or relaxing, this space has it all. With a newer roof already taken care of, all the major items are checked off for you, giving you peace of mind and more time to enjoy your stylish, worry-free home. With its playful yet practical design, striking architectural features, and versatile spaces, this home is the perfect canvas for your next chapter. [Home Energy Score = 1. HES Report at https://rpt.greenbuildingregistry.com/hes/OR10237852]

Highlights

Home typeSingle Family Residence
HeatingBaseboard, Heat Pump
StatusActive
CoolingHeat Pump
Size4,358 sqft
Lot size0.32 Acres
Year built1974
ParkingDriveway, Street Parking
MLS #287265763
Attached garage2 spaces
FireplaceGas Fireplace, Stove

Summary

  • Full Bathrooms: 3
  • Appliances: Dishwasher, Disposal, Gas Range, Refrigerator
  • Basement: No
  • Flooring Type: Hardwood, Heated Tile, Tile
  • Interior: Ceiling Fan(s), High Ceilings, Laundry, Skylight, Vaulted Ceiling(s), Wall to Wall Carpet, Washer/Dryer
  • Fireplace: Gas Fireplace, Stove
  • Total Bedroom Count: 4
  • Garage Space: 2 spaces
  • Attached Garage: Yes
  • Parking: Driveway, Street Parking
  • Exterior: Covered Patio, Deck, Fence, Garden, Patio, Yard
  • Architectural Style: Contemporary, Custom Style
  • Heating: Baseboard, Heat Pump
  • Cooling: Heat Pump
  • List Price: $999,900
  • Price/SqFt: $229
  • Annual Tax Amount: $15,198
  • Tax Year: 2023
  • Lot: Level, Trees
  • Directions: SW Hamilton N on SW 40th
  • Year Built: 1974
  • Stories: 2
  • Living Area: 4,358 SqFt
  • Lot Size: 0.32 Acres
  • MLS Number: 287265763
  • MLS Name: Regional Multiple Listing Service, Inc.
  • Office Name: Modern Homes Collective
  • Office Phone: (503) 267-7202
  • Listing Agent: Rachel Narragon

IDXThe content relating to real estate for sale on this web site comes in part from the IDX program of the RMLS of Portland, Oregon. Real estate listings held by another brokerage firm are marked with the RMLS logo, and detailed information about these properties includes the names of the listing brokers. Listing content is copyright © 2025 Regional Multiple Listing Service, Inc. (RMLS™) Portland, Oregon.

The information on this web site is provided exclusively for consumers' personal, non-commercial use and may not be used for any purpose other than to identify prospective properties consumers may be interested in purchasing. We are not responsible or liable for misinformation, misprints, or typographical errors. All information provided is deemed reliable but is not guaranteed and should be independently verified through personal inspection by and/or with the appropriate professionals. Properties subject to prior sale, change, withdrawal or rental. All data, including all measurements and calculations of area, is obtained from various sources and has not been, and will not be, verified by broker or MLS. All information should be independently reviewed and verified for accuracy. Properties may or may not be listed by the office/agent presenting the information.

Data displayed may be a portion of, and not a complete set of all listings published in the MLS.
Last updated on: 5/3/2025, 12:20:52 AM Eastern. If you have any questions regarding the accuracy of this data, please contact us at help@rockethomes.com.

Get an agent. Get a mortgage. Save big.¹

view of front of house featuring roof with shingles

$999,900

4401 SW 40th Ave

$10,000

closing credit¹

Sell your home with Rocket and save even more!

Seller rebate

0.5% sale price²

Price information

Property sales

DateEventPrice
Sep 01, 1992
Home Sold
$165,000

Tax history

YearAssessmentProperty Tax
2023$574,110$15,198
2022$557,390$14,869
2021$541,160$14,869
2020$525,400$14,618
2018$495,250$12,536
2017$480,830$12,015

History based on county public records data.

Nearby schools

10

Bridlemile Elementary School

Public District KG-5

0.3 mi

4300 SW 47th Dr

9

Hayhurst Elementary School

Public District KG-5

0.9 mi

5037 SW Iowa St

10

Rieke Elementary School

Public District KG-5

1.5 mi

1405 SW Vermont St

School ratings are a score out of 10, where 10 is the highest and 1 is the lowest.

All data from GreatSchools

Neighborhood

The neighbors living near this home have an average income of $116,822. The most common annual income of people living in Portland, OR is between $100k-200k. The majority of families are married, no kids. The most common level of education of people living in this area is post secondary degree.

How much money do the neighbors make?

10%
<35k
28%
35k-100k
41%
100k-200k
21%
200k+

What level of education do the neighbors have?

High School Diploma
Post Secondary Degree
Masters Degree
Doctorate

What types of families live nearby?

25%
Single, No Kids
5%
Single, with Kids
40%
Married, No Kids
30%
Married, with Kids

Are the neighbors home owners or renters?

Home Owners
Renters

How old are people in this area?

15%
<11 yrs old
9%
12-17 yrs old
9%
18-34 yrs old
52%
35-64 yrs old
15%
65+ yrs old

What do the neighbors do for fun?

  • Skiing/snowboardingSkiing/snowboarding
  • Men's TennisMen's Tennis
  • SoccerSoccer

Where do the neighbors shop?

  • NordstromNordstrom
  • BloomingdalesBloomingdales
  • The Container StoreThe Container Store

Where do the neighbors go to eat?

  • California Pizza KitchenCalifornia Pizza Kitchen
  • Bonefish GrillBonefish Grill
  • StarbucksStarbucks

What do the neighbors drive?

  • BMWBMW
  • LexusLexus
  • CadillacCadillac

What do the neighbors listen to?

  • Talk/PersonalityTalk/Personality
  • NewsNews
  • AlternativeAlternative
All data provided by Home Junction and Claritas

Similar homes for sale

Frequently asked questions

About 4401 SW 40th Ave

The listing price of 4401 SW 40th Ave property is $999,900.

The property 4401 SW 40th Ave is a house located in Portland, Oregon, 97221.

Active Listing: 4401 SW 40th Ave is For Sale (Active/New) which means the seller is accepting offers.

The nearby schools for 4401 SW 40th Ave are: Bridlemile Elementary School (GreatSchools Rating 10/10), Hayhurst Elementary School (GreatSchools Rating 9/10), Rieke Elementary School (GreatSchools Rating 10/10), Robert Gray Middle School (GreatSchools Rating 6/10), Raleigh Hills K-8 School (GreatSchools Rating 6/10), The Cottonwood School of Civics and Science (GreatSchools Rating 9/10), Ida B. Wells High School (GreatSchools Rating 8/10), Lincoln High School (GreatSchools Rating 7/10), Metropolitan Learning Center (GreatSchools Rating 7/10).

According to the records, the last property tax for 2023 is $15,198 (source: MLS/based on county public records data).

The last sale was on September 1, 1992 for $165,000 (source: MLS/tax record).

The property at 4401 SW 40th Ave has 4 bedrooms and 4 bathrooms.

The property 4401 SW 40th Ave is 4,358 SqFt (source: MLS/tax record).

The year of construction for 4401 SW 40th Ave is 1974.

This home is located at 4401 SW 40th Ave in Portland, OR and zip code 97221 in the Bridlemile neighborhood. This 4,358 square foot home, which was built in 1974, sits on a 0.32 acre lot. Features: 4 bedrooms, 4 bathrooms. It has been listed on Rocket Homes since May 1, 2025 and is currently priced at $999,900.

In April 2025, from all listings sold in Portland, OR there were more than 338 sold above asking price, over 313 sold below and more than 186 were sold right at the asked price. The inventory of homes for sale in Portland, OR between March and April 2025 increased by 18.3%. In April 2025, listings were on the market for 48 days. During the same period, the median list price in this real estate market was $549,429.

From Rocket Homes Real Estate and based on county public records data.

More resources