JUST LISTED: Woodstock Townhome

$525,000

4531 SE 40th Ave Portland, OR 97202

3 beds | 3.5 baths | 1,869 sq. ft.

Tucked away in a quiet, private setting, this urban townhome offers spacious living, pleasant views, and easy access to top cafes and shops. Two treehouse-like decks extend the living space, offering stunning east-west views.

Inside, the upper level features two en-suite bedrooms with walk-in closets, while the ground floor boasts a separate two-room suite—perfect for multigenerational living. Currently operating as a licensed short-term rental, this turnkey unit netted $24,800 in 2024 and comes fully furnished.

Thoughtful upgrades include hardwood floors throughout the upper levels, custom built-in bookcases, and unpainted cedar trim. A single-car garage, off-street parking, and a fenced backyard add to the home’s versatility, making it a low-maintenance alternative to a single-family home.

Recent updates include a new furnace (2024), fresh interior and exterior paint (2021), and updated appliances, light fixtures, and sinks (2020).

Located near neighborhood favorites like Trader Joe’s, Keeper Coffee, and Café Rowan, with easy access to Reed College, Woodstock, and Creston Pool. No HOA or dues!