About this home
A beautiful backyard retreat, sun-filled living spaces, and a location in one of Portland's most loved neighborhoods make 40 Austin Street a home with so much to offer! Thoughtfully updated and tucked into the heart of Back Cove, this inviting property features four spacious bedrooms plus a versatile fifth room, perfect for a home office, guest space, or additional bedroom. Inside, you'll find an updated kitchen with granite countertops, a convenient first-floor primary bedroom, and a spacious living room complemented by an additional sunken living area, offering plenty of room to relax and entertain. Upstairs, four generously sized bedrooms feature beautiful new hardwood floors, along with a newer bathroom. With spacious rooms throughout, this home offers flexibility and comfort for a variety of lifestyles. The immaculate basement provides excellent potential for additional finished space, whether you envision a home gym, playroom, music room, or woodworking workshop. A large, one-car garage adds valuable storage and convenience. Outside, the beautifully landscaped and private backyard feels like an oasis of its own, featuring lovely hardscaping and a patio perfect for summer dinners, entertaining friends, or enjoying a quiet morning coffee. Seasonal water views from the bedroom add an extra touch of charm. All of this is just moments from Payson Park, the Back Cove Trail, neighborhood favorites, and Portland's fantastic restaurants and shops. With its inviting living spaces, versatile layout, private backyard, and desirable Back Cove location, 40 Austin Street is a special opportunity to enjoy the very best of Portland living!
Listing last checked: Listing updated:
Listed by Listing Agent · Portside Real Estate Group · MLS #1684580
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Details at a glance
Interior5 property facts
- Rooms
- 8
- Heating
- Electric, Wood, Baseboard
- Cooling
- None
- Flooring
- Carpet, Laminate, Wood
- Fireplaces
- 0
Building5 property facts
- Style
- Single Family Residence
- Year built
- 1985
- Garage
- 1
- Foundation
- Poured Concrete
- Roof
- Shingle
Land & utilities4 property facts
- Lot size
- 0.27 acres
- Water
- Public
- Sewer
- Public Sewer
- Zoning
- SFR
Financial2 property facts
- Annual taxes
- $10,249
- Assessment year
- 2025
Location
Estimated monthly cost
Explore costs at the $850,000 asking price. Adjust the assumptions to your situation.
Known monthly costs$5,152 / monthAdjust
- Principal & interest
- $4,298
- Property tax
- $854
- Insurance
- Not entered
- HOA
- Not entered
Listing annual taxes: $10,249. Initial monthly tax is one twelfth of that amount. HOA amount was not supplied.
Partial estimate: add insurance, monthly HOA to include those costs. Blank amounts are unknown.
The initial 6.5% rate is illustrative, not a current rate or lender quote. Excludes utilities, maintenance, closing costs and mortgage insurance, which may apply with a down payment below 20%. Taxes and insurance can change.
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About 40 Austin Street
Can I request a private showing?
Request a tour of 40 Austin Street and a Bean Group agent will help coordinate an available time with the listing side.
Can you help me evaluate this property?
Yes. We can discuss condition, comparable sales, offer strategy and the questions worth asking before you decide whether to proceed.
Are property documents available?
Availability varies by property and source. Request the documents you need and we will help obtain what is available.

