RealtyLens
for saleRealtyLens property overview
$650,000

4505 NE 40th Ave

Portland, OR, 97211
View more Portland, OR property pages
4Beds
2Baths
2,346Sqft
$277$/sqft

Listing Notes

**Adorable Tudor in Beaumont-Wilshire** Welcome to this beautifully updated and well-maintained 1947 Tudor located in Beaumont-Wilshire, one of Portlands most desirable neighborhoods! Featuring 4 bedrooms, 2 full bathrooms, a large backyard and a finished basement, this turnkey home offers plenty of space and delightful, historic charm. Inside, you'll find high-quality finishes all over, such as the quartz countertops, elegant tile and original hardwood floors (some furniture could be included too - ask realtor). The kitchen is perfect for hosting and every day living, equipped with new stainless steel appliances, a dining area and lots of storage and natural light. In the hallway, what looks like a closet door will lead you upstairs to the large, open bedroom with the whole floor to itself! With original built-ins, closets and its own mini-split, this bedroom makes the perfect getaway. Downstairs, the full basement has already been finished and boasts its own spacious bedroom, cozy living area and a full bathroom as well. To top it off, you'll also find the laundry downstairs and a large, hidden utilities room with tons of extra storage! Outside, the oversized backyard presents abundant opportunities for gardens, hobbies, pets, or even to build an income-producing ADU! With the detached garage, parking is easy and secure, and could even be made into a studio or workshop. This neighborhood is primely located minutes away from the best that Portland has to offer - parks, cafe's, restaurants, bars, the Alberta Arts District, and NE Fremont St! You will not want to miss this one - schedule your private tour now before it's gone! *Open House - Saturday, May 16th from 12pm-2pm*

Market Insights

Below nearby median-6.7%

$277/sqft vs a nearby median of $297/sqft.

Nearby median$297/sqft
Nearby properties11
Property size2,346 sqft
  • -6.7% versus the nearby median price per square foot.
  • Price history is limited, so current comps matter more than trend alone.
  • 2,346 sqft creates a usable price-per-square-foot read.

Pricing Read

Yardstick fair value$704k$652k$756k · 66% confidence
vs ask $650k−$54k (−8.3%)

Asking price is about 8.3% below the fair value — likely to draw competing offers if it's still on market.

$297/sqft median across 3 tight comps × 2,346 sqft= $697k
  • Pre-war character+$17k +2.5%
  • Sparse street life−$10k −1.5%
Cumulative NYC adjustments+$7k+1.0%

Property Read

FreshnessVerification recommended

The page is useful for research, but the status and price should be verified before acting.

Market Position-6.7% vs nearby

The asking price per square foot is below the nearby median, which can be worth a closer comp check.

Price MovementInitial price point

Price history is still limited; review again as more market activity becomes available.

Diligence Read3 items to check
AI ReadinessReady to analyze
Assistant read

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Generated from the facts shown on this page and nearby market data. Not a professional appraisal.

Listing Details

Days on market
5 days
Last price change
No change recorded
Listed
May 8, 2026
Photos
25 photos
Property type
single family
Status
for sale
Last sold
Sep 3, 2025 · $493,715
Garage
1 space

Features & Amenities

Outdoor SpaceCorner LotFireplaceForced AirHardwood FloorsTwo Or More StoriesGarage 1 Or MoreBasementBig YardOpen HouseHidden RoomFurnitureDenPark

Photos

Price History

May 8, 2026Initial record
$650,000for sale

You can also find this listing on Realtor.com.

Listing data sourced from realtor.com. RealtyLens enriches and contextualises it for you, but the original listing lives on the source.