Shawn Realty 503-515-44992,300 sq ft
10244 SW 40TH AVE, Portland, OR 97219
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- Building Area
- 2,300 sq ft
- Price/Sq Ft
- $239/sq ft
- Year Built
- 1949
- Garage
- 2 spaces
- County
- Multnomah
- Annual Tax
- $8,383
- Days on Market
- 18 days
- Open House
- None scheduled
Monthly payment
$4,186 per month
- Principal & interest$3,373
- Property taxes$699
- HOA dues$0
- Home insurance$115
- Utilities$0
10% down · 30-year fixed · 7.24% rate · 7.341% APR (est.)
Rate: Freddie Mac weekly average, as of 10/29/2026. Estimate by Shawn Realty, not RMLS data.
Estimate by Shawn Realty, not RMLS data.
- Interest rate: 7.24% (7.341% APR, estimated). Rate: Freddie Mac weekly average, as of 10/29/2026.
- Down payment: 10% ($54,990) on $549,900; loan $494,910
- Term: 30-year fixed (360 monthly payments)
- Property taxes: $699/mo (RMLS annual tax ÷ 12)
- HOA dues: $0 (no HOA fee listed in RMLS)
- Home insurance: $115/mo (Shawn Realty assumption, 0.25% of price per year; not a quote)
- Est. APR assumes 1% of the loan amount in points and lender fees.
This is an estimate. Verify exact numbers with your lender.
Estimate only, not a loan offer or commitment. Principal, interest, est. property tax and HOA. Excludes homeowners insurance, mortgage insurance (PMI, typically required with under 20% down) and other costs. Actual rate, APR and payment depend on credit, lender and loan program. Talk to a licensed loan officer.
Description
Welcome home to this beautifully remodeled 1949 classic on a corner lot in the sought-after Huber neighborhood! Offering 5 bedrooms, 3 full bathrooms, and 2,300 square feet across three levels, this home blends timeless character with modern comfort. The main level features a warm and inviting living and dining area centered around a wood-burning fireplace, perfect for cool Portland evenings. Recent updates include luxury vinyl flooring, new light fixtures, fresh interior and exterior paint, and a beautifully remodeled kitchen with new cabinets, quartz countertops, and stainless steel appliances, including a built-in microwave and dishwasher. A true standout is the fully finished basement featuring separate living quarters with its own exterior entrance, second full kitchen, bathroom, and two bedrooms. This flexible layout is ideal for extended family, multigenerational living, or an owner-occupant seeking additional privacy and separation. Property is currently classified as a single-family residence and is not permitted as a legal duplex or ADU, but offers potential for future conversion and separate rental income, subject to city approval. Additional features include forced-air heating with central A/C, an attached 2-car garage, composition shingle roof, and a low-maintenance yard with a deck for relaxing or entertaining. Adding to the appeal is its unique setting next to the future Jackson Middle School Athletic Hub, currently being transformed with new synthetic turf fields, an upgraded 8-lane track, field lighting, improved pathways, and landscaping. This exciting neighborhood investment will create an impressive recreational setting just steps from your door, with schools, parks, and everyday conveniences close by. Classic 1949 charm, modern updates, and flexible living possibilities make this a unique opportunity! [Home Energy Score = 5. HES Report at https://rpt.greenbuildingregistry.com/hes/OR10222488%5D
Facts & Features
| Property Type | Multi Family |
|---|---|
| Building Area (sq ft) | 2300 |
| Year Built | 1949 |
| Garage Spaces | 2 |
| County | Multnomah |
| Subdivision | CAPITOL HILL |
| Elementary School | Markham |
| Middle School | Jackson |
| High School | Ida B Wells |
| Heating | Forced Air 90, Wall Heater |
| Cooling | Central Air |
| Basement | Finished, Full Basement, Separate Living Quarters Apartment Aux Living Unit |
| View | No |
| Lot Features | Level |
| Parking | Driveway, Garage |
| Sewer | Public Sewer |
| Water | Public Water |
| Annual Taxes | $8,383 |
| Original List Price | $575,000 |
| RMLS # | 576653717 |
Map data © OpenStreetMap contributors (not RMLS data).
Listed by Troy D Doty P.C. • Northwest Realty Source
Contact: info@nwrealtysource.com
Listing updated: Oct 20, 2026 at 6:20pm
Source: RMLS #576653717 
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 brokerage firms other than Shawn Realty are marked with the RMLS logo, and detailed information about these properties includes the name of the listing brokers. Listing content is copyright © 2026 RMLS, Portland, Oregon.
All information provided is deemed reliable but is not guaranteed and should be independently verified.
This content last updated on 11/01/2026 02:31. Some properties which appear for sale on this web site may subsequently have sold or may no longer be available.
IDX information is provided exclusively for consumers' personal, non-commercial use, may not be used for any purpose other than to identify prospective properties consumers may be interested in purchasing, and is deemed reliable but is not guaranteed accurate by RMLS.
Ask Shawn Yu about this home
Shawn Yu, Shawn Realty · 503-515-4499
Shawn Yu (Shawn Realty) is not the listing agent for this home.
Shawn Realty