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Data Last Updated: 06/19/2026 17:27 PT
$799,000
Send a tour request for 4731 SE 40TH AVE, Portland, OR, 97202.
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Create free accountThis home sits in Portland. Built in 1907.
Best of Old and New! This beautifully preserved 1907 farmhouse blends timeless character with thoughtful modern updates. Original charm shines throughout with high ceilings, built-ins, hardwood floors, tongue-and-groove ceilings, and classic beadboard details. The stylishly remodeled kitchen and stunning designer-inspired primary suite bring contemporary comfort to this historic home. With 5 bedrooms, 3 bathrooms, including a convenient Jack-and-Jill bath, and two full kitchens; there is room for everyone. A sliding glass door opens to a private deck overlooking a beautifully landscaped, fully fenced backyard oasis complete with a hot tub (new in 2023), fire pit gathering area, and lush lawn. The lower level is configured as a private living space with its own entrance, full kitchen, and flexible layout. Currently operating as a successful Airbnb, this space enjoys strong occupancy and offers excellent income-producing potential or an ideal setup for guests, multigenerational living, or a home office. A rare opportunity to enjoy historic farmhouse charm, modern amenities, and exceptional versatility all in one remarkable property in a coveted neighborhood!