For sale Home

Listed Oct 22, 2026

$650,000 Est. $4,299/mo

4020 Southeast Lexington Street

  • 3

    Beds

  • 2

    Baths

  • 2,202

    Sq ft

The story

  • Basement

Shining with meticulous stewardship by the same family (and second owners!) for 50+ years, this iconic midcentury ranch offers an extraordinary opportunity in one of SE Portland's most livable neighborhoods. The classic floor plan is flexible and comfortable, with spacious living room and dining room, an airy eat-in kitchen, and three generous bedrooms plus two full baths on the main level. The clean, dry basement has high ceilings and can be used as-is for casual recreation space or as a canvas for your custom finish plans. Recent major upgrades include replacement of furnace and A/C, new 220 electric service & new panel, and new dishwasher and laundry appliances. The exterior was brush-painted over the summer, with exceptional attention to detail. The house is wonderful to live in, but the star of the show is the 75 x 100 lot, which is your own private park. Exquisite, established four-season landscaping showcases lush foliage and color year-round, with special treats in spring, with pastel clouds of dogwood and wisteria, and brilliant sprays of crimson and gold in autumn. You're four blocks from the 16-acre recently reimagined recreation destination Errol Heights Park, and almost as close to a trailhead of the Springwater Corridor. Shopping and dining are less than a mile away on Woodstock, including the Heist food carts, New Seasons, Grand Central, Dick's Primal, Safeway, BiMart, and the famous Cloud City Ice Cream. All this, plus assignment to coveted Duniway Elementary (an easy .4 mile commute). Just ask the warm, community-minded local BuyNothing group...this neighborhood is Portland's best-kept secret. Don't miss your chance to be the third owner of this wonderful home! [Home Energy Score = 2. HES Report at https://rpt.greenbuildingregistry.com/hes/OR10252716]

Facts & features

Home type

Home

Year built

1951

Floors

2

Price per sq ft

$295

Parking

1-car garage

Included features

  • Fireplace

    1 fireplace

  • Basement

    Yes

  • Cooling

    Central Air

  • Heating

    Forced Air

  • Appliances

    Dishwasher, Free Standing Range, Free Standing Refrigerator, Stainless Steel Appliance

  • Roof

    Composition

  • Lot Information

    Level

  • Exterior

    Fenced, Garden, Gas Hookup, Porch, Storm Door, Yard

  • Water Source

    Public Water

  • Sewer

    Public Sewer

Mortgage calculator

Estimated monthly payment

$4,299 /mo

7% rate · 30-yr fixed · 20% down

  • Principal & interest $3,460
  • Property tax $650
  • Insurance $190

Includes principal, interest, taxes & insurance.

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Listing Broker

Windermere Realty Trust

Broker Name

Windermere Realty Trust

Agent

Joan-Marie Rogers