$559,900

4505 NE 40th Ave Portland, OR 97211

$6,649
Closing credit¹
3 beds
1 full
2,346 sqft
0.1 acres
$239 / sqft
House

Property details

About 4505 NE 40th Ave

Nestled in the heart of the desirable Beaumont-Wilshire neighborhood, this beautifully updated Tudor-style home offers the perfect blend of comfort and convenience. Fresh interior paint throughout, featuring wood floors, 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 basement provides incredible versatility with a bonus room, laundry area, extra storage, and a dedicated work area. Outside, the private backyard 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]

Highlights

Home typeSingle Family Residence
HeatingForced Air
StatusActive
Size2,346 sqft
BasementYes
Lot size0.12 Acres
Year built1947
MLS #614330983
Garage1 space
FireplaceWood Burning

Summary

  • Full Bathrooms: 1
  • Appliances: Range, Refrigerator
  • Basement: Yes
  • Flooring Type: Wood
  • Interior: Quartz, Wall to Wall Carpet
  • Fireplace: Wood Burning
  • Total Bedroom Count: 3
  • Garage Space: 1 space
  • Attached Garage: No
  • Exterior: Covered Patio, Fence, Storm Door(s)
  • Architectural Style: 2 Story, Tudor
  • Heating: Forced Air
  • List Price: $559,900
  • Price/SqFt: $238
  • Annual Tax Amount: $4,638
  • Tax Year: 2023
  • Lot: Corner Lot
  • Directions: On North corner of NE 40th and Prescott
  • Year Built: 1947
  • Stories: 3
  • Living Area: 2,346 SqFt
  • Lot Size: 0.12 Acres
  • MLS Number: 614330983
  • MLS Name: Regional Multiple Listing Service, Inc.
  • Office Name: Berkshire Hathaway HomeServices NW Real Estate
  • Office Phone: (503) 652-1235
  • Listing Agent: Dominic Hernandez, Sybil Hernandez

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: 6/18/2025, 1:43:01 AM Eastern. If you have any questions regarding the accuracy of this data, please contact us at help@rockethomes.com.

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4505 NE 40th Ave, Portland, OR 97211 - view of front of home featuring a chimney, fence, a front lawn, and roof with shingles

$559,900

4505 NE 40th Ave

$6,649

closing credit¹

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Price information

Property sales

DateEventPrice
Apr 01, 1992
Home Sold
$59,500

Tax history

YearAssessmentProperty Tax
2023$175,060$4,638
2022$169,970$4,538
2021$165,020$4,538
2020$160,220$4,461
2018$151,030$3,826
2017$146,640$3,667

History based on county public records data.

Nearby schools

5

Rigler School

Public District KG-5

0.7 mi

5401 NE Prescott St

10

Alameda Elementary School

Public District KG-5

0.9 mi

2732 NE Fremont St

10

Sabin Elementary School

Public District KG-5

1.2 mi

4013 NE 18th Ave

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 $76,812. Typical income of Portland, OR residents is between $35k-100k annually. Most families are single, no kids. Most residents in this area have post secondary degree education.

How much money do the neighbors make?

12%
<35k
49%
35k-100k
30%
100k-200k
9%
200k+

What level of education do the neighbors have?

High School Diploma
Post Secondary Degree
Masters Degree
Doctorate

What types of families live nearby?

55%
Single, No Kids
5%
Single, with Kids
22%
Married, No Kids
18%
Married, with Kids

Are the neighbors home owners or renters?

Home Owners
Renters

How old are people in this area?

12%
<11 yrs old
5%
12-17 yrs old
24%
18-34 yrs old
51%
35-64 yrs old
8%
65+ yrs old

What do the neighbors do for fun?

  • Hiking/backpackingHiking/backpacking
  • TennisTennis
  • Live TheatreLive Theatre

Where do the neighbors shop?

  • BloomingdalesBloomingdales
  • Crate & BarrelCrate & Barrel
  • Nordstrom RackNordstrom Rack

Where do the neighbors go to eat?

  • StarbucksStarbucks
  • Boston MarketBoston Market
  • The Cheesecake FactoryThe Cheesecake Factory

What do the neighbors drive?

  • AudiAudi
  • BMWBMW
  • MercedesMercedes

What do the neighbors listen to?

  • AlternativeAlternative
  • NewsNews
  • Rhythmic Contemporary HitsRhythmic Contemporary Hits
All data provided by Home Junction and Claritas

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Frequently asked questions

About 4505 NE 40th Ave

The listing price of 4505 NE 40th Ave property is $559,900.

The property 4505 NE 40th Ave is a house located in Portland, Oregon, 97211.

Active Listing: 4505 NE 40th Ave is For Sale (Active/New) which means the seller is accepting offers.

The nearby schools for 4505 NE 40th Ave are: Rigler School (GreatSchools Rating 5/10), Alameda Elementary School (GreatSchools Rating 10/10), Sabin Elementary School (GreatSchools Rating 10/10), Beaumont Middle School (GreatSchools Rating 7/10), Vernon Elementary School (GreatSchools Rating 8/10), Faubion School (GreatSchools Rating 5/10), Alliance High School (GreatSchools Rating 2/10), Grant High School (GreatSchools Rating 8/10), Jefferson High School (GreatSchools Rating 8/10).

According to the records, the last property tax for 2023 is $4,638 (source: MLS/based on county public records data).

The last sale was on April 1, 1992 for $59,500 (source: MLS/tax record).

The property at 4505 NE 40th Ave has 3 bedrooms and 1 bathroom.

The property 4505 NE 40th Ave is 2,346 SqFt (source: MLS/tax record).

The year of construction for 4505 NE 40th Ave is 1947.

This home is located at 4505 NE 40th Ave in Portland, OR and zip code 97211 in the Beaumont-Wilshire neighborhood. This 2,346 square foot home, which was built in 1947, sits on a 0.12 acre lot. Features: 3 bedrooms, 1 bathroom. It has been listed on Rocket Homes since March 27, 2025 and is currently priced at $559,900.

Portland, OR housing market in May 2025 saw over 441 listings sold above listed price, more than 196 sold at listed price and over 285 sold below. In May 2025 in Portland, OR there were 15.4% more homes for sale than in April. In May 2025, listings were on the market for 39 days. During the same period, the median list price in this real estate market was $549,622.

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

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