OFF MARKET

Off market apr 2025 for $520K

$498,040

Est. refi paymentEst. refi $4,073/mo

•

1,617

sq ft

8040 SE Madison St, Portland, OR 97215

About this home

Welcome to your urban retreat! Tucked away in a peaceful corner of the city, this charming home offers a cozy and tranquil escape. Inside, the open living and dining areas create the perfect atmosphere for both relaxing and entertaining. The beautiful tiled fireplace brings warmth and a welcoming ambiance on cold winter evenings. The expansive full basement presents endless possibilities, whether you're looking for extra storage or a space to bring your creative ideas to life. The detached garage is just steps from your front door for added convenience. Outside, you’ll discover a flexible studio space perfect for hobbies or projects, plus an additional storage area for all your yard tools. Situated in a prime location, this home provides easy access to the Montavilla Farmers Market, Mt. Tabor Park, and a variety of local eateries and shops. Don’t miss out on the chance to make this home yours! [Home Energy Score = 4. HES Report at https://rpt.greenbuildingregistry.com/hes/OR10237297]

Single-familyProperty Type

1949Year Built

4,791 sq ftLot Size

$308Est. Price/Sq.Ft.

1 car garageParking

Listed by Alex Cristurean • RE/MAX Equity Group

Listed by Alexis Buturoaga • RE/MAX Equity Group

Bought with Melinda Hood • MORE Realty

Redfin checked: 3 minutes ago

•Source:RMLS #281331387

Redfin Estimate

$498,040

$22K since sold in April 2025$9,000 since September

Recently sold homes
Estimate history
Homes for sale

This home's estimate is 9.6% lower than the average sale price ($551K) of 6 comparable homes.

SOLD MAY 8, 2026
$613,841
A
3 beds1 bath1,641 sq ft
7506 SE Main St, Portland, OR 97215
SOLD AUG 31, 2026
$644,800
B
2 beds2 baths1,536 sq ft
1050 SE 73rd Ave, Portland, OR 97215
SOLD DEC 17, 2025
$450,000
C
3 beds1 bath1,596 sq ft
7643 SE Market St, Portland, OR 97215
SOLD JUN 18, 2026
$535,000
D
2 beds1 bath1,633 sq ft
7523 SE Washington St, Portland, OR 97215
SOLD JUN 29, 2026
$450,000
E
3 beds1 bath1,280 sq ft
1304 SE 84th Ave, Portland, OR 97216
SOLD APR 14, 2026
$611,000
F
3 beds1 bath1,825 sq ft
7835 SE Salmon St, Portland, OR 97215

Claim this home to receive a free report every month with insights on the changing estimate.

Earn from this home

Sell

$62,368

Est. take-home

List your home with Redfin and save $4,980

Refinance

Est. cash available

Get cash now or lower your monthly rate

Rent

$2,444/mo

Redfin rental estimate

List your home for rent

Market trends in Montavilla, OR

Last updated September 2026

Buyer's Market

Seller's Market

Seller's market

Sale-to-List Price

101.7%

1.5% MoM

Median sale price

$466K

$9K MoM

Avg. days on market

12d

3 days MoM

Recently sold homes

7 MoM

New listings for sale

NEW 20 HRS AGO
$759,000
3 beds3 baths2,004 sq ft
2371 SE 51st Ave, Portland, OR 97215
Jordan Snook • Dream Dwelling
COMING SOON
$925,000
3 beds3 baths2,575 sq ft
7231 SE Clay St, Portland, OR 97215
Marisa Swenson • Modern Homes Collective
OPEN SAT, 11AM TO 1PM
$449,000
1 bed1 bath768 sq ft
4704 SE Madison St, Portland, OR 97215
Brian Johnson • Windermere Realty Trust
$950,000
5 beds3 baths2,284 sq ft
4320 SE Hawthorne Blvd, Portland, OR 97215
Thomas Cale • Cascade Hasson Sotheby's International Realty
$850,000
8 beds4 baths— sq ft
2121 SE 50th Ave, Portland, OR 97215
Justine Syck • Move Real Estate Inc
$575,000
3 beds2 baths2,949 sq ft
5433 SE Division St, Portland, OR 97206
Evelyn Rosling • Cascade Hasson Sotheby's International Realty
$417,500
1 bed1 bath784 sq ft
5624 SE Ankeny St, Portland, OR 97215
Christopher Lancefield • Lancefield Realty
$995,000
5 beds3 baths3,777 sq ft
4249 SE Stark St, Portland, OR 97215
Beth Hamilton • Keller Williams Realty Professionals
$775,000
4 beds2 baths3,298 sq ft
922 SE 66th Pl, Portland, OR 97215
Heidi Settlemier • Alameda Realty LLC
See all

Provided by Redfin

Sale history for 8040 SE Madison St

Tax history for 8040 SE Madison St

*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

Stories

Lot width

—

Lot depth

—

Lot size

4,785 Sq. Ft.

Year renovated

1949

Sq. Ft.

867

Year built

1949

Style

Single Family Residential

County

Multnomah County

APN

R140159

Parking Spaces

—

Basement

—

Accessible

—

HOA Dues

—

Garage

—

Features

—

Last updated by owner on Oct 5, 2026.

RM1

Residential Multi-Dwelling 1 Zone

The RM1 zone is a low-scale multi-dwelling zone that is generally applied in locations intended to provide a transition in scale to single-dwelling residential areas, such as the edges of mixed-use centers and civic corridors, and along or near neighborhood corridors. Allowed housing is characterized by one to three story buildings that relate to the patterns of residential neighborhoods, but at a somewhat larger scale and building coverage than allowed in the single-dwelling zones. The major types of new development will be duplexes, triplexes, rowhouses, courtyard housing, small apartment buildings, and other relatively small-scale multi-dwelling and small-lot housing types that are compatible with the characteristics of Portland's residential neighborhoods.

Permitted uses

Include but are not limited to:

Housing
Housing-Group
Housing-Single unit
Housing-Multiple units
Housing-Senior

Property details

Parking

Parking Information
Parking Features: Driveway, On Street
Parking Total: 1

Garage Information
Garage Type: Detached
Garage Spaces: 1

Interior

Appliances
Appliances: Free-Standing Gas Range, Free-Standing Refrigerator
Hot Water Description: Electricity

Interior Features
Has Accessibility: Yes
Accessibility Features: Bathroom Cabinets, Kitchen Cabinets, One Level
Interior Features: Garage Door Opener, Hardwood Floors, Laundry, Soaking Tub, Vinyl Floor, Washer/Dryer
Fireplace YN: Yes
Fireplaces Total: 1
Fireplace Features: Gas, Insert
Window Features: Wood Frames
Basement: Unfinished

Bathroom Information
Bathrooms Full: 1
Bathrooms Full Main Level: 1
Bathrooms Total Integer: 1
Bathrooms Total Main Level: 1
Baths Total: 1

Room 4 Information
Description: Media Room
Features Cont: Studio
Level: Main

Room 7 Information
Description: 2nd Bedroom
Features Cont: Closet, Wood Floors
Level: Main

Room 9 Information
Description: Dining Room
Features Cont: Wood Floors
Level: Main

Room 10 Information
Description: Family Room
Level: Lower

Room 11 Information
Description: Kitchen
Features: Nook
Features Cont: Free-Standing Range, Free-Standing Refrigerator
Level: Main

Room 12 Information
Description: Living Room
Features: Fireplace
Features Cont: Wood Floors
Level: Main

Room 13 Information
Description: Primary Bedroom
Features Cont: Closet, Wood Floors
Level: Main

Room 14 Information
Description: Great Room

Exterior

Exterior Features
Roof: Composition
Exterior Features: Covered Patio, Fenced, Garden, Outbuilding, Tool Shed
Exterior Description: Aluminum, Brick
Unreinforced Masonry Bldg: Unknown

Lot Information
Lot Size Square Feet: 4,791
Lot Size Range: 3,000 to 4,999 SqFt
Lot Size Acres: 0.11
Lot Size: 3,000 to 4,999 SqFt
Lot Features: Level
Parcel Number: R140159
Road Surface Type: Paved

Property Information
Property Type: Residential
Property Sub Type: Single Family Residence
Property Attached YN: No
Property Condition: Resale
Main Level Area Total: 867
Lower Level Area Total: 750
View YN: No

Building Information
Year Built: 1949
Building Area Total: 1,617
Building Area Description: County
Building Area Calculated: 867
Foundation Details: Concrete Perimeter

Financial

Tax Information
Tax Year: 2024
Tax Legal Description: CORONA PK, BLOCK 3, LOT 17&18
Tax Annual Amount: $4,444.64

Lease / Rent Information
Land Lease YN: No

Utilities

Utility Information
Green Certification YN: Yes
Fuel Description: Gas
Internet Service Type: Cable
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: Bridger
Middle Or Junior School: Harrison Park
High School: Franklin

Location Information
Directions: SE 80th Ave, East on Madison St
Unparsed Address: 8040 SE MADISON ST, Portland, OR 97215

Community Information
Senior Community YN: No
Zoning: RM1

Public facts

Beds: 2
Baths: 1.0
Sq. Ft.: 867
Stories: 1.0
Lot Size: 4,785 square feet
Style: Single Family Residential
Year Built: 1949
Year Renovated: 1949
County: Multnomah County
APN: R140159

Home facts updated by county records on Oct 5, 2026

Other

Listing Information
MlsStatus: Sold

Listing Price Information
Price Type: List Price

New Construction Information
New Construction YN: No

Around this home

Schools

Bridger Creative Science School

Public K-8 • Assigned • 0.2mi

9/10

Franklin High School

Public 9-12 • Assigned • 1.5mi

6/10

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

3/10 Heat Factor

7 days above 92° expected this year, 15 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, 21 days in 30 years

Provided by First Street

Historical weather

Portland, OR • 97215

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 9.7 hours in June and 2 hours in December, placing it below the U.S. average for solar exposure.

9.7 hrs

2 hrs

JuneDecember

Provided by Shadowmap

Estimated sale price

$474,000 – $573,000

Reach more buyers when you sell with Redfin. Save up to $4,980 in fees. 3 minutes to get started.

Need the cash from your home fast? Sell to .

Nearby similar homes

OPEN SAT, 11AM TO 1PM

$485,000

2 beds1 bath1,822 sq ft

2831 SE 74th Ave, Portland, OR 97206

Michele Bennett • Urban Nest Realty

$510,000

2 beds2 baths1,896 sq ft

2323 SE 70th Ave, Portland, OR 97215

C. Morgan Davis • Keller Williams PDX Central

$489,000

3 beds2 baths1,632 sq ft

1842 SE 92nd Ave, Portland, OR 97216

Tara Stone • MORE Realty

3D WALKTHROUGH

$545,000

3 beds2 baths1,740 sq ft

825 NE 76th Ave, Portland, OR 97213

Annie Leonard • Windermere Realty Trust

$625,000

3 beds2 baths1,858 sq ft

1039 SE 78th Ave, Portland, OR 97215

Gretchen Spring • RE/MAX Equity Group

OPEN SAT, 2PM TO 4PM

$515,000

4 beds3 baths3,308 sq ft

8921 SE Washington St, Portland, OR 97216

Richard Hildreth • Keller Williams Sunset Corridor

New listings for sale in 97215

NEW 20 HRS AGO

$759,000

3 beds3 baths2,004 sq ft

2371 SE 51st Ave, Portland, OR 97215

Jordan Snook • Dream Dwelling

COMING SOON

$925,000

3 beds3 baths2,575 sq ft

7231 SE Clay St, Portland, OR 97215

Marisa Swenson • Modern Homes Collective

OPEN SAT, 11AM TO 1PM

$449,000

1 bed1 bath768 sq ft

4704 SE Madison St, Portland, OR 97215

Brian Johnson • Windermere Realty Trust

$950,000

5 beds3 baths2,284 sq ft

4320 SE Hawthorne Blvd, Portland, OR 97215

Thomas Cale • Cascade Hasson Sotheby's International Realty

$850,000

8 beds4 baths— sq ft

2121 SE 50th Ave, Portland, OR 97215

Justine Syck • Move Real Estate Inc

$575,000

3 beds2 baths2,949 sq ft

5433 SE Division St, Portland, OR 97206

Evelyn Rosling • Cascade Hasson Sotheby's International Realty

$417,500

1 bed1 bath784 sq ft

5624 SE Ankeny St, Portland, OR 97215

Christopher Lancefield • Lancefield Realty

$995,000

5 beds3 baths3,777 sq ft

4249 SE Stark St, Portland, OR 97215

Beth Hamilton • Keller Williams Realty Professionals

$775,000

4 beds2 baths3,298 sq ft

922 SE 66th Pl, Portland, OR 97215

Heidi Settlemier • Alameda Realty LLC

Home values near 8040 SE Madison St

Data from public records.

Address	Redfin Estimate
8049 SE Madison Street, Portland, OR 3 Beds \| 2 Baths \| 1821 Sq. Ft.	$533,171
8110 SE Madison Street, Portland, OR 3 Beds \| 1.5 Baths \| 2276 Sq. Ft.	$505,456

Address	Redfin Estimate
8120 SE Madison Street, Portland, OR 3 Beds \| 1 Baths \| 872 Sq. Ft.	$424,261
8020 SE Madison Street, Portland, OR 3 Beds \| 2 Baths \| 1222 Sq. Ft.	$522,358

Address	Redfin Estimate
8039 SE Madison Street, Portland, OR 2 Beds \| 1 Baths \| 1523 Sq. Ft.	$436,786
8030 SE Madison Street, Portland, OR 2 Beds \| 2 Baths \| 1912 Sq. Ft.	$579,482

Property information provided by RMLS when last listed in 2025. This data may not match . Learn more.

Download the Redfin App on the Apple App Store

Download the Redfin App from the Google Play Store

Join us

Become an Agent

Get referrals

Careers

Find homes faster

About us

Find us

Subsidiaries

Affiliated Business

Countries

United States

Canada

Updated September 2025: By searching, you agree to the Terms of Use, and Privacy Policy.

Do not sell or share my personal information.

REDFIN and all REDFIN variants, WALK SCORE, and the R logos, are trademarks of Redfin Corporation, registered or pending in the USPTO.

California DRE #01521930

Redfin is licensed to do business in New York as Redfin Real Estate. NY Standard Operating Procedures

New Mexico Real Estate Licenses

TREC: Info About Brokerage Services, Consumer Protection Notice

All mortgage lending products and information are provided by Rocket Mortgage, LLC | NMLS #3030; www.NMLSConsumerAccess.org. Licensed in 50 states. This site is not authorized by the New York State Department of Financial Services for mortgage solicitation or loan applications activities related to properties located in the State of New York.

Redfin Corporation is an affiliated business of Rocket Limited Partnership. Each company, and their subsidiaries, are separate legal entities operated and managed through its own management and governance structures.

If you are using a screen reader, or having trouble reading this website, please call Redfin Customer Support for help at 1-844-759-7732.

REDFIN IS COMMITTED TO AND ABIDES BY THE FAIR HOUSING ACT AND EQUAL OPPORTUNITY ACT. READ REDFIN'S FAIR HOUSING POLICY AND THE NEW YORK STATE FAIR HOUSING NOTICE.

GreatSchools Ratings provided by GreatSchools.org.

97219 homes for sale
97086 homes for sale
97225 homes for sale
97229 homes for sale
97202 homes for sale

Houses for rent in Portland	Agents near me	Lake Oswego, OR homes for sale	Portland Housing Market
Houses for sale near me	Portland, OR homes for sale	Salem, OR homes for sale
Land for sale near me	Bend, OR homes for sale	Hillsboro, OR homes for sale
Open Houses near me	Beaverton, OR homes for sale	Portland Property Records
Condos for sale near me	Eugene, OR homes for sale	OR New Listings

Vancouver homes for sale
Beaverton homes for sale
Lake Oswego homes for sale