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 DescriptionExterior Entry, Separate Living Quarters/Apartment/Aux Living Unit, Finished
Virtual Tours for 514 42ND AVE Portland, OR
Lot & Building Features
CoolingCentral Air
HeatingForced Air
Parking DescriptionDriveway, Garage
SewerPublic Sewer
WaterPublic Water
Water HeaterGas, Tankless
Community and Schools
Elementary SchoolGlencoe
Junior High SchoolMt Tabor
Senior High SchoolFranklin
Unit Features
Unit Type 1 Area1448
Unit Type 1 Baths2.000
Unit Type 1 Baths Total2
Unit Type 1 Beds Total3
Unit Type 1 FeaturesAir Conditioning, Range, Dishwasher, Deck
Unit Type 1 Units Total1
Unit Type 2 Actual Rent1950
Unit Type 2 Area728
Unit Type 2 Baths1.000
Unit Type 2 Baths Total1
Unit Type 2 Beds Total2
Unit Type 2 FeaturesDishwasher
Unit Type 2 Units Total1
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.
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.
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