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About the Listing ROOM01 - OBRIENJT,GILKAT
Bring your vision to life in this classic 2,540 sq ft bungalow, ideally situated on an oversized corner lot in one of SE Portland’s most desirable neighborhoods. Just blocks from the energy of Division, Hawthorne, and Clinton, this property offers a rare opportunity with incredible potential. The main floor features two bedrooms, a full bath, original hardwood floors, a cozy fireplace, and a charming kitchen with an inviting eat-in nook. Upstairs, a third bedroom awaits your creative touch, while the expansive unfinished basement provides ample space for additional living area, storage, or future development.Outside, a detached garage offers off-street parking or the perfect opportunity for an ADU conversion. Zoned R2.5, the lot allows for up to four units—making this an exceptional project for developers, builders, or investors seeking flexibility and upside. Whether you're looking to renovate, expand, or completely reimagine the space, the possibilities here are as exciting as the location itself. Buyer to conduct due diligence. Don’t miss this rare chance to create value in the heart of Portland’s vibrant inner eastside. [Home Energy Score = 2. HES Report at https://rpt.greenbuildingregistry.com/hes/OR10239426]
Listing Highlights for 2333 SE 40th Ave
Interior Details
- Bedrooms: 3
- Bathrooms: 1 Full / 1 Half
- Appliances:
- Air Cond:
- Heating: Forced Air
- Fireplaces: 1, Wood Burning
- Floor:
- Above Ground Sq Ft:
- Below Ground Sq Ft: n/a
- Basement: Unfinished
- Other: Laundry,Washer/Dryer,Wood Floors,Master on Main
- Water: Public Water
Exterior Details
- Lot Description: Level
- Garage Capacity: 1 car
- Parking Spaces: 1
- Zoning: R2.5
- Roof: Composition
- Others: Fixer
- Sewer: Public Sewer
- Parking Features: Detached
Financial Details
- Tax Amount: $5,301
- Taxes w/Assessments: N/A
- Tax/Property ID: R184107
- Tax Year: N/A
Payment Calculator
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Listing Location
Questions About..
2333 SE 40th Ave Portland, OR 97214
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