$5,284 Closing Credit¹
#24240653, Dena Swift, Listing Office: HomeSmart Realty Group
$439,000 List price
8040 SE Madison St Portland, OR 97215
$5,213
Closing credit¹
2 beds
1 full
1,617 sqft
0.1 acres
$271 / sqft
House
Property details
About 8040 SE Madison St
Welcome to your urban retreat! Tucked away in a peaceful corner of the city, this charming home offers a cozy and tranquil escape. Inside, the open living and dining areas create the perfect atmosphere for both relaxing and entertaining. The beautiful tiled fireplace brings warmth and a welcoming ambiance on cold winter evenings. The expansive full basement presents endless possibilities, whether you're looking for extra storage or a space to bring your creative ideas to life. The detached garage is just steps from your front door for added convenience. Outside, you’ll discover a flexible studio space perfect for hobbies or projects, plus an additional storage area for all your yard tools. Situated in a prime location, this home provides easy access to the Montavilla Farmers Market, Mt. Tabor Park, and a variety of local eateries and shops. Don’t miss out on the chance to make this home yours! [Home Energy Score = 4. HES Report at https://rpt.greenbuildingregistry.com/hes/OR10237297]
Highlights
Home typeSingle Family Residence
HeatingForced Air
StatusSale Pending
(Pending)
(Pending)
CoolingCentral Air
Size1,617 sqft
BasementYes
Lot size0.11 Acres
Year built1949
ParkingDriveway, Street Parking
MLS #281331387
Garage1 space
FireplaceGas Fireplace, Insert
Summary
- MLS Number: 281331387
- MLS Name: Regional Multiple Listing Service, Inc.
- Office Name: RE/MAX Equity Group
- Office Phone: (503) 653-0607
- Listing Agent: Alex Cristurean, Alexis Buturoaga
The 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: 4/9/2025, 2:11:21 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
$439,000
8040 SE Madison St
$5,213
closing credit¹
Sell your home with Rocket and save even more!
Seller rebate
0.5% sale price²
Price information
Property sales
| Date | Event | Price |
|---|---|---|
| Jun 09, 2006 | Home Sold | $216,000 |
Tax history
| Year | Assessment | Property Tax |
|---|---|---|
| 2023 | $161,290 | $4,273 |
| 2022 | $156,600 | $4,181 |
| 2021 | $152,040 | $4,181 |
| 2020 | $147,620 | $4,110 |
| 2018 | $139,160 | $3,526 |
| 2017 | $135,110 | $3,379 |
History based on county public records data.
Nearby schools
8
Portland Arthur Academy Charter School
Public Charter KG-5
0.4 mi
•7507 SE Yamhill St
7
Vestal Elementary School
Public District KG-5
0.8 mi
•161 NE 82nd Ave
5
Cherry Park Elementary School
Public District PK-5
1.2 mi
•1930 SE 104th Ave
School ratings are a score out of 10, where 10 is the highest and 1 is the lowest.
Neighborhood
The neighbors living near this home have an average income of $63,431. Residents of Portland, OR typically earn between $35k-100k each year. Most families are single, no kids. The majority of residents in this area have post secondary degree education.
How much money do the neighbors make?
18%
<35k
58%
35k-100k
21%
100k-200k
3%
200k+
What level of education do the neighbors have?
High School Diploma
Post Secondary Degree
Masters Degree
Doctorate
What types of families live nearby?
51%
Single, No Kids
7%
Single, with Kids
24%
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
19%
18-34 yrs old
50%
35-64 yrs old
14%
65+ yrs old
What do the neighbors do for fun?
Men's Tennis
Hiking/backpacking
Live Theatre
Where do the neighbors shop?
Nordstrom Rack
Bloomingdales
Crate & Barrel
Where do the neighbors go to eat?
The Cheesecake Factory
Starbucks
Boston Market
What do the neighbors drive?
Volvo
Audi
Mercedes
What do the neighbors listen to?
News
Alternative- Rhythmic Contemporary Hits
All data provided by Home Junction and Claritas
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Frequently asked questions
About 8040 SE Madison St
This home is located at 8040 SE Madison St in Portland, OR and zip code 97215 in the Southeast Portland neighborhood. This 1,617 square foot home, which was built in 1949, sits on a 0.11 acre lot. Features: 2 bedrooms, 1 bathroom. It has been listed on Rocket Homes since April 5, 2025 and is currently priced at $439,000.
Portland, OR housing market in March 2025 saw over 260 listings sold above listed price, more than 174 sold at listed price and over 254 sold below. In March 2025 in Portland, OR there were 11.5% more homes for sale than in February. The median list price of listings available in March 2025 was $547,107, while the average time on the real estate market was 58 days.
From Rocket Homes Real Estate and based on county public records data.