Multi-Family for Sale: 514 42ND AVE, Portland, OR 97215

2,176 sqft
$879,900
$879,900
514 42ND AVE, Portland, OR 97215
2,176 sqft
$879,900
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Price:
$879,900

Type Multi-Family
Square Feet 2,176 sqft
Garage Spaces 1
Lot Size 0.11 acres
Year Built 1913
Taxes Paid $8,739

City Portland
Area 143 - Portland Southeast
County Multnomah
School District Franklin
Subdivision LAURELHURST

MLS 696514188
Status Active
DOM 5 days
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]

Room Features

Basement Description Exterior Entry, Separate Living Quarters/Apartment/Aux Living Unit, Finished

Virtual Tours for 514 42ND AVE Portland, OR

Lot & Building Features

Cooling Central Air
Heating Forced Air
Parking Description Driveway, Garage
Sewer Public Sewer
Water Public Water
Water Heater Gas, Tankless

Community and Schools

Elementary School Glencoe
Junior High School Mt Tabor
Senior High School Franklin

Unit Features

Unit Type 1 Area 1448
Unit Type 1 Baths 2.000
Unit Type 1 Baths Total 2
Unit Type 1 Beds Total 3
Unit Type 1 Features Air Conditioning, Range, Dishwasher, Deck
Unit Type 1 Units Total 1
Unit Type 2 Actual Rent 1950
Unit Type 2 Area 728
Unit Type 2 Baths 1.000
Unit Type 2 Baths Total 1
Unit Type 2 Beds Total 2
Unit Type 2 Features Dishwasher
Unit Type 2 Units Total 1

Price History of 514 42ND AVE, Portland, OR

Date Name Price Difference
01/27/2025 Listing Price $879,900 N/A
*Information provided by REWS for your reference only. The accuracy of this information cannot be verified and is not guaranteed.

Map of 514 42ND AVE, Portland, OR

Location Map Street View
Photo of Don Nunamaker, Realtors
Direct: 541-386-4400
Office
2495 Cascade Ave.
Hood River, OR 97031
541-386-4400
Listed by Keller Williams Realty Portland Premiere, Darryl Bodle & Kelly Christian
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20%
0.99328332765087%
6.75%
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Principal & Interest
Monthly Taxes
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514 42ND AVE (MLS #696514188) is a multi-family listing located in Portland, OR. This multi-family listing is 2,176 sqft and on a lot of 4,791 sqft (or 0.11 acres) and is 112 years old. This property was listed on 01/27/2025 and has been priced for sale at $879,900.

Nearby zip codes are 97202, 97206, 97213, 97214 and 97232.

RMLS

Listing Last updated . Some properties which appear for sale on this web site may subsequently have sold or may no longer be available. Walk Score map and data provided by Walk Score. Google map provided by Google. Bing map provided by Microsoft Corporation.

All information provided is deemed reliable but is not guaranteed and should be independently verified.

Listing information courtesy of: Keller Williams Realty Portland Premiere

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 Don Nunamaker, Realtors are marked with the RMLS. logo, and detailed information about these properties includes the names of the listing brokers. Listing content is copyright © 2025 RMLS., Portland, Oregon.