OFF MARKET

Off Market Feb 2025 for $982K

$1,008,962

Est. refi paymentEst. refi $6,216/mo

•

3,122

sq ft

4312 SW 40th Ave, Portland, OR 97221

About this home

OPEN HOUSE SUNDAY 11/17, 2-4pm. Glorious natural light streams into this brilliant Bridlemile Beauty! Primary Suite on each level! High ceilings and gleaming hardwood floors grace this urban oasis that sits on a luxurious, private, level 15,000 square foot lot landscaped for fun and flexibility. In addition to the gourmet kitchen/ great room, the main level boasts both a vaulted family room/ office and a roomy guest/ multi-generational primary suite with walk-in closet and bath; both rooms open onto a spacious new, south facing sun-dappled deck! Upstairs, the generous Primary suite with romantic fireplace, massive walk-in closet and new soaking tub, opens to a Romeo and Juliet balcony for your morning tea or coffee. Brand new granite counter tops in kitchen and lower powder. Over-sized garage for your hobbies and toys. New tool/ storage shed that contains pump for spring-fed irrigation system. Massive two direction (east and south facing) back yard makes for fun in the sun with room for a Casita or ADU (buyer does due diligence with city). Two blocks to Hamilton Park and Bridlemile Elementary School! Taxes say house was built in 1948; original house was brought down to one wall and completely rebuilt in 2002. (To see east and south yards on Virtual Tour, place cursor on "360" logo on the French doors to exit the house.) Listing Agent is related to Seller. [Home Energy Score = 4. HES Report at https://rpt.greenbuildingregistry.com/hes/OR10231101]

Single-familyProperty Type

2002Year Built

0.35 acresLot Size

$323Est. Price/Sq.Ft.

2 car garageParking

Listed by Keith Berne • RE/MAX Equity Group

Bought with Brittany Gibbs • Move Real Estate Inc

Redfin checked: a minute ago

•Source:RMLS #24071240

Redfin Estimate

$1,008,962

$27K since sold in February 2025$10K since August

Recently sold homes
Estimate history
Homes for sale

This home's estimate is 10.3% lower than the average sale price ($1.12M) of 6 comparable homes.

SOLD JUL 31, 2026
$1,075,000
A
4 beds4 baths3,128 sq ft
4830 SW Dosch Park Ln, Portland, OR 97239
SOLD AUG 14, 2026
$1,107,700
B
5 beds3 baths3,464 sq ft
4304 SW 36th Pl, Portland, OR 97221
SOLD MAR 2, 2026
$1,550,000
C
4 beds4 baths3,809 sq ft
4302 SW Terlyn Ct, Portland, OR 97221
SOLD AUG 14, 2026
$995,000
D
4 beds2 baths2,802 sq ft
3868 SW Bridlemile Ln, Portland, OR 97221
SOLD JUL 20, 2026
$1,115,000
E
3 beds4 baths2,875 sq ft
5120 SW Santa Monica Ct, Portland, OR 97221
SOLD JUN 1, 2026
$905,000
F
4 beds3 baths3,160 sq ft
4221 SW 47th Dr, Portland, OR 97221

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$184,963

Est. take-home

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Est. cash available

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Rent

$5,668/mo

Redfin rental estimate

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Market trends in Bridlemile, OR

Last updated August 2026

Buyer's Market

Seller's Market

Seller's market

Sale-to-List Price

99.2%

0.1% MoM

Median sale price

$905K

$5K MoM

Avg. days on market

10d

1 days MoM

Recently sold homes

1 MoM

New listings for sale

OPEN SAT, 1PM TO 3PM
$674,900
3 beds3 baths2,036 sq ft
5702 SW Seymour St, Portland, OR 97221
Rose Anderson • Wise Move Real Estate
3D WALKTHROUGH
$1,500,000
5 beds4 baths5,084 sq ft
1334 SW 57th Ave, Portland, OR 97221
Nathan Austin • Keller Williams PDX Central
$315,000
2 beds1 bath1,102 sq ft
3707 SW 52nd Pl #7, Portland, OR 97221
Nancy Wheeler • Windermere Realty Trust
VIDEO TOUR
$1,195,000
5 beds4 baths4,623 sq ft
5510 SW Sweetbriar St, Portland, OR 97221
Patrick J. Henry, P.C. • Coldwell Banker Bain
3D WALKTHROUGH
$2,200,000
6 beds4 baths5,596 sq ft
4110 SW Jerald Ct, Portland, OR 97221
Stephen FitzMaurice • eXp Realty, LLC
3D & VIDEO TOUR
$1,685,000
5 beds5 baths6,445 sq ft
4004 SW Scholls Ferry Rd, Portland, OR 97221
Patrick J. Henry, P.C. • Coldwell Banker Bain
See all

Provided by Redfin

Redfin agents who toured

Beautiful home, light bright, natural finish wood floors. Great space for entertaining, work from home. The primary is very spacious with a beautiful view of the tree line behind the home. Lots size is great and the home is situated on a quiet dead...
2 years ago• May not reflect the current state of the home
Lora Smith
Redfin Premier agent
This home built in 2002 features a guest suite on the main floor overlooking the side yard, an open concept layout great room, in back, and spacious primary suite overlooking the backyard. Close to downtown Portland and easy access to Beaverton as...
2 years ago• May not reflect the current state of the home
Kurt Dahlke
Redfin Associate agent

Sale history for 4312 SW 40th Ave

** Price available after signing in.

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Tax history for 4312 SW 40th Ave

*Taxable value of land and structures on it ("additions") is determined regularly by local assessors and does not affect market price.

Public record

Public record
Zoning
Permits

Beds

Baths

3.5

Stories

Lot width

—

Lot depth

—

Lot size

0.35 Acres

Year renovated

2001

Sq. Ft.

3,122

Year built

1948

Style

Single Family Residential

County

Multnomah County

APN

R327522

Parking Spaces

—

Basement

—

Accessible

—

HOA Dues

—

Garage

—

Features

—

Last updated by owner on Jul 15, 2026.

R10

Residential 10,000 Zone

The single-dwelling zones are intended to preserve land for housing and to provide housing opportunities for individual households. The zones implement the comprehensive plan policies and designations for single-dwelling housing and provide options for infill housing that is compatible with the scale of the single-dwelling neighborhood.

Zone overlays

Constrained Sites Overlay Zone
Environmental Conservation Overlay Zone

Permitted uses

Include but are not limited to:

Housing

Property details

Parking

Parking Information
Parking Total: 2

Garage Information
Garage Type: Attached, Oversized
Garage Spaces: 2
Has Attached Garage: Yes

Interior

Virtual Tour Information
Virtual Tour Type: 3-D Tour
Has Virtual Tour Unbranded: Yes

Appliances
Appliances: Cook Island, Dishwasher, Disposal, Down Draft, Free-Standing Refrigerator, Gas Appliances, Granite, Microwave, Stainless Steel Appliance(s)
Hot Water Description: Gas

Interior Features
Has Accessibility: Yes
Accessibility Features: Garage on Main
Interior Features: Garage Door Opener, Hardwood Floors, High Ceilings, Plumbed For Central Vacuum, Tile Floor, Vaulted Ceiling(s), Wall to Wall Carpet
Fireplace YN: Yes
Fireplaces Total: 3
Fireplace Features: Gas
Window Features: Vinyl Frames
Basement: Crawl Space

Bathroom Information
Bathrooms Full: 3
Bathrooms Full Main Level: 1
Bathrooms Full Upper Level: 2
Bathrooms Partial: 1
Bathrooms Partial Main Level: 1
Bathrooms Total Integer: 4
Bathrooms Total Main Level: 1.1
Bathrooms Total Upper Level: 2
Baths Total: 3.1

Room 4 Information
Area: 104
Description: Entry
Length: 13
Width: 8
Level: Main

Room 5 Information
Description: 2nd Primary Bedroom
Features: Bathroom, Deck
Features Cont: Vaulted Ceiling(s), Walk in Closet
Level: Main

Room 7 Information
Description: 2nd Bedroom
Level: Upper

Room 8 Information
Description: 3rd Bedroom
Level: Upper

Room 9 Information
Description: Dining Room

Room 10 Information
Description: Family Room
Features: Deck, Fireplace
Features Cont: Vaulted Ceiling(s)
Level: Main

Room 11 Information
Description: Kitchen

Room 12 Information
Description: Living Room

Room 13 Information
Area: 432
Description: Primary Bedroom
Features: Bathroom, Fireplace
Features Cont: Bathtub, Shower, Walk in Closet
Length: 24
Width: 18
Level: Upper

Room 14 Information
Description: Great Room
Features: Family Room/Kitchen Combo, Fireplace, Kitchen/Dining Room Combo
Level: Main

Exterior

Exterior Features
Roof: Composition
Exterior Features: Deck, Fenced, Patio, Sprinkler, Tool Shed, Yard
Exterior Description: Cedar

Lot Information
Lot Size Square Feet: 15,246
Lot Size Range: 15,000 to 19,999 SqFt
Lot Size Acres: 0.35
Lot Size: 15,000 to 19,999 SqFt
Lot Features: Level, Private
Parcel Number: R327522
Road Surface Type: Paved

Property Information
Property Type: Residential
Property Sub Type: Single Family Residence
Property Attached YN: No
Property Condition: Resale
Upper Level Area Total: 1,456
Main Level Area Total: 1,666
View YN: No

Building Information
Year Built: 2002
Building Area Total: 3,122
Building Area Description: Tax
Building Area Calculated: 3,122

Financial

Tax Information
Tax Year: 2023
Tax Legal Description: SECTION 08 1S 1E, TL 8300 0.35 ACRES
Tax Annual Amount: $17,432.68

Lease / Rent Information
Land Lease YN: No

Utilities

Utility Information
Green Certification YN: Yes
Fuel Description: Gas
Water Source: Public Water
Sewer: Public Sewer

Heating & Cooling
Heating YN: Yes
Heating: Forced Air
Cooling YN: Yes
Cooling: Central Air

Location

School Information
Elementary School: Bridlemile
Middle Or Junior School: Robert Gray
High School: Ida B Wells

Location Information
Directions: Dosch Rd to Hamilton to SW 40th
Unparsed Address: 4312 SW 40TH AVE, Portland, OR 97221

Community Information
Senior Community YN: No

Public facts

Beds: 4
Baths: 3.5
Sq. Ft.: 3,122
Stories: 2.0
Lot Size: 0.35 acres
Style: Single Family Residential
Year Built: 1948
Year Renovated: 2001
County: Multnomah County
APN: R327522

Home facts updated by county records on Jul 15, 2026

Other

Listing Information
MlsStatus: Sold

Listing Price Information
Price Type: List Price

New Construction Information
New Construction YN: No

Around this home

Schools

Bridlemile Elementary School

Public K-5 • Assigned • 0.3mi

10/10

Gray Middle School

Public 6-8 • Assigned • 1.0mi

8/10

Ida B. Wells-Barnett High School

Public 9-12 • Assigned • 1.7mi

8/10

Provided by GreatSchools

Lifestyle

Provided by Walk Score and Local Logic

Climate risks

1/10 Flood Factor

Minimal risk of a flood reaching the building in the next 30 years

1/10 Fire Factor

Unlikely to be in a wildfire in next 30 years

2/10 Heat Factor

7 days above 91° expected this year, 13 days in 30 years

1/10 Wind Factor

Minimal risk of severe winds over next 30 years

10/10 Air Factor

19 unhealthy days expected this year, 20 days in 30 years

Provided by First Street

Historical weather

Portland, OR • 97221

Average low and high temperatures (°F)

Jan

Feb

Mar

Apr

May

Jun

Jul

Aug

Sep

Oct

Nov

Dec

Sun exposure

In this area, properties receive around 9.6 hours in June and 2 hours in December, placing it below the U.S. average for solar exposure.

9.6 hrs

2 hrs

JuneDecember

Provided by Shadowmap

Estimated sale price

$959,000 – $1.16M

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New listings for sale in 97221

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Home values near 4312 SW 40th Ave

Data from public records.

Address	Redfin Estimate
4226 SW 40th Avenue, Portland, OR 3 Beds \| 2 Baths \| 2356 Sq. Ft.	$829,258
4440 SW 40th Avenue, Portland, OR 6 Beds \| 2 Baths \| 2000 Sq. Ft.	$573,084

Address	Redfin Estimate
4447 SW 40th Avenue, Portland, OR 3 Beds \| 2 Baths \| 1364 Sq. Ft.	$695,895
4401 SW 40th Avenue, Portland, OR 4 Beds \| 4 Baths \| 4358 Sq. Ft.	$1,201,341

Address	Redfin Estimate
4410 SW 40th Avenue, Portland, OR 2 Beds \| 1 Baths \| 816 Sq. Ft.	$464,390
4433 SW 40th Avenue, Portland, OR 3 Beds \| 2 Baths \| 1383 Sq. Ft.	$645,300

Property information provided by RMLS when last listed in 2024. This data may not match . Learn more.

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