514 Southeast 42nd Avenue

Portland, OR 97215

$869,900
Price
Beds
Baths
2,176 Sq. Ft.
$400 / Sq. Ft.
2,176
Sq. Ft.
$400
per Sq. Ft.

Description

Welcome to this stunningly remodeled home with lower level ADU in the highly sought-after Laurelhurst neighborhood! Incredible investment opportunity or way to supplement your mortgage with rental income. Perfectly located, you'll enjoy easy access to the vibrant shops and restaurants of Belmont and Hawthorne, plus the tranquility of Laurelhurst Park just a short stroll away. This home has been thoughtfully and impeccably designed to offer both style and functionality. The main house features a spacious...Welcome to this stunningly remodeled home with lower level ADU in the highly sought-after Laurelhurst neighborhood! Incredible investment opportunity or way to supplement your mortgage with rental income. Perfectly located, you'll enjoy easy access to the vibrant shops and restaurants of Belmont and Hawthorne, plus the tranquility of Laurelhurst Park just a short stroll away. This home has been thoughtfully and impeccably designed to offer both style and functionality. The main house features a spacious layout with three bedrooms and two full bathrooms, beautifully appointed across two levels. The main floor includes a convenient bedroom and a luxurious bathroom with a spa-like walk-in shower, offering comfort and convenience. The expansive living room flows seamlessly into the stunning kitchen, complete with an abundance of cabinetry (including built-ins), a pantry, under-counter storage, and a striking waterfall countertop. High-end stainless steel appliances and sleek tilework add a modern touch to this inviting space. Upstairs, you’ll find two additional bedrooms, a lavish bathroom and versatile second living room room perfect for a home office, playroom, or cozy movie nights. The lower level is equally impressive, featuring a fully functional ADU with separate entrance, two bedrooms and a bathroom. Outside, the home continues to impress with off-street parking, a detached garage, and an expansive driveway. Enjoy the serenity of a private, beautifully landscaped yard with a covered deck, patio space, and a charming front porch, perfect for outdoor relaxation. This home combines modern luxury with an unbeatable location, making it a rare find in one of Portland’s most desirable neighborhoods. Don’t miss your chance to experience this exceptional property! [Home Energy Score = 4. HES Report at https://rpt.greenbuildingregistry.com/hes/OR10193476]
  1. Listed by Darryl Bodle • Keller Williams Realty Portland Premiere
  2. Listed by Kelly Christian • Keller Williams Realty Portland Premiere

Property Details for 514 Southeast 42nd Avenue

Subdivision
LAURELHURST
Parking Features
Driveway, Garage
Zoning
R2.5
View
Trees Woods
Garage Spaces
1.00
Parking Total
3.00
LISTING UPDATED: 02/27/2025 01:28 PM

Property Details for 514 Southeast 42nd Avenue

StatusActive
MLS #696514188
Days on Market39
Taxes$8,740 / year
HOA Fees-
Condo/Co-op Fees-
Compass TypeMulti Family
MLS TypeMulti Family
Year Built1913
Lot Size0.11 AC / 4,791 SF
CountyMultnomah County

Virtual Tour

Building Information for 514 Southeast 42nd Avenue

Stories3Residences2Year Built1913Building Size-Lot Size0.11 AC / 4,791 SF

Property Information for 514 Southeast 42nd Avenue

Summary
Location and General Information
  • Country: US
  • Directions: SE Belmont St, N on SE 42nd Ave
  • Road Surface: Paved
School Information
  • Elementary School: Glencoe
  • High School: Franklin
  • Middle Or Junior School: Mt Tabor
Taxes and HOA
  • Tax Annual Amount: $8,739.90
  • Parcel Number: R134809
  • Tax Legal Description: CLARE ADD, BLOCK 1, S 47' OF LOT 1&2
Virtual Tour
Property
Lot Information
  • Acres: 0.11
  • Lot Description: Level
  • Lot Size Square Feet: 4791.0
  • Lot Size Dimension: 100' x 47'
  • Lot Size Range: Sq Ft3000to4999
  • Lot Size: 3,000 to 4,999 Sq Ft
Property and Assessments
  • Property Type: Multi Family
  • Water Description: Public Water
  • Property Condition: Updated Remodeled
  • Year Built: 1913
Utilities
  • Cooling Description: Central Air
  • Fuel Description: Gas
  • Heating Description: Forced Air
  • Hot Water Description: Gas, Tankless
  • Sewer Description: Public Sewer
  • Rent Includes: None
Interior and Exterior Features
Exterior Features
  • Exterior Description: Cement Siding
  • Roof Type: Composition
Interior Features
  • Basement: Exterior Entry, Finished, Separate Living Quarters Apartment Aux Living Unit
  • Stories: 3
Multi Family
Multi-Family Information
  • Number Of Units Total: 2
  • Gross Income Actual: $.00
  • Net Income Actual: $.00
  • Operating Expense: $.00
  • Unit Type Type: Unit Type Type1, Unit Type Type2
  • SqFt Approximate Building Total: 2176
Unit 1 Information
  • Unit Type 1 Baths Total: 2
  • Unit Type 1 Baths Decimal: 2.00
  • Unit Type 1 Beds Total: 3
  • Unit Type 1 Features: Air Conditioning, Deck, Dishwasher, Range
  • Unit Type 1 Rent: $0
  • Unit Type 1 SqFt: 1448.0
  • Unit Type 1 Units Total: 1
Unit 2 Information
  • Unit Type 2 Baths Total: 1
  • Unit Type 2 Baths Decimal: 1.00
  • Unit Type 2 Beds Total: 2
  • Unit Type 2 Features: Dishwasher
  • Unit Type 2 Rent: $1,950
  • Unit Type 2 SqFt: 728.0
  • Unit Type 2 Units Total: 1

Public Records for 514 Southeast 42nd Avenue

Taxable ValueLand-Additions-Total-
Tax Record2022$6,094 ($508 / month)
Home Facts
Beds2Baths2Total Finished SqFt1,448 SqFtAbove Grade Finished SqFt1,448 SqFtUnfinished Basement SqFt728 SqFtStories2Lot Size4,700 SqFtStyleSingle Family ResidenceYear Built1913ZoningR2.5CountyMULTNOMAHAPN1S2E06BB 18800Fireplace TypeHas Fireplace

Schools near 514 Southeast 42nd Avenue

This home is within Portland School District 1j.
Rating
School
Type
Grades
Distance
Public - K to 5
Public - 6 to 8
Public - 9 to 12
Public - PK to 5
Rating
School
Distance
Glencoe Elementary School
PublicK to 5

Mt Tabor Middle School
Public6 to 8

Franklin High School
Public9 to 12

Richmond Elementary School
PublicPK to 5

School ratings and boundaries are provided by GreatSchools.org and Pitney Bowes. This information should only be used as a reference. Proximity or boundaries shown here are not a guarantee of enrollment. Please reach out to schools directly to verify all information and enrollment eligibility.

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514 Southeast 42nd Avenue is a multi-family home for sale in Portland, OR 97215. This property was listed for sale on January 27, 2025 by Keller Williams Realty Portland Premiere, it's currently listed at $869,900. This listing's school district is Portland School District 1j. Nearby schools include Glencoe Elementary School, Mt Tabor Middle School and Franklin High School. 514 Southeast 42nd Avenue is a 0-bed, 0-bath, 2,176 sqft multi-family home built in 1913.

No guarantee, warranty or representation of any kind is made regarding the completeness or accuracy of descriptions or measurements (including square footage measurements and property condition), such should be independently verified, and Compass expressly disclaims any liability in connection therewith. Photos may be virtually staged or digitally enhanced and may not reflect actual property conditions. Offers of compensation are subject to change at the discretion of the seller. No financial or legal advice provided. Equal Housing Opportunity.

Listing Courtesy of Keller Williams Realty Portland Premiere

All information provided is deemed reliable but is not guaranteed and should be independently verified. 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 Compass are marked with the RMLS logo and detailed information about these properties includes the names of the listing brokers. Copyright © 2025 RMLS, Portland, Oregon. Last updated: 02/27/2025 01:28 PM