514 Se 42nd Ave Portland, OR 97215

Multi-Family (2-4 Units) MLS #: 696514188 Courtesy Of Keller Williams Realty Portland Premiere

$879,900

2,176 sq ft
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Est. Property Tax: $8,739
Estimated monthly payments: $4,575/mo.* (recalculate)

Property InformationDescription

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]
MORTGAGE CALCULATOR

Features

  • Age: Over 50 Years Old
  • Amenities: Dock
  • Architecture Style: Other
  • Heating System: Forced Air
  • Lot Size: 0.11 Acres
  • Rooms: Basement

MAP & DIRECTIONS

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514 Se 42nd Ave, Portland, OR 97215
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School Information

514 Se 42nd Ave, Portland, OR 97215

Elementary School
Grades KG-5 | Public School
GLENCOE ELEMENTARY SCHOOL
Portland, OR 97215
825 SE 51st Ave
503.­916.6207
Distance: 0.4 mi
School Rating
A
Student:Teacher Ratio
17:1
Total Students
396
Middle School
Grades 6-8 | Public School
MT TABOR MIDDLE SCHOOL
Portland, OR 97215
5800 SE Ash St
503.­916.5646
Distance: 0.7 mi
School Rating
A-
Student:Teacher Ratio
21:1
Total Students
721
High School
Grades 9-12 | Public School
FRANKLIN HIGH SCHOOL
Portland, OR 97206
5405 SE Woodward St
503.­916.5140
Distance: 1.3 mi
School Rating
B+
Student:Teacher Ratio
20:1
Total Students
1999
Other Nearby Schools Distance Type Grades School Rating
The Portland Montessori School 0.5 mi Private PK-5
Sunnyside Environmental School 0.6 mi Public KG-8 A-
All Saints Chool 0.6 mi Private PK-8
Laurelhurst Elementary School 0.7 mi Public KG-8 A
Pacific Crest Community School 0.9 mi Private 6-12
Richmond Elementary School 0.9 mi Public PK-5 A-
Central Catholic High School 1.0 mi Private 9-12
Da Vinci Middle School 1.1 mi Public 6-8 A
Atkinson Elementary School 1.2 mi Public KG-5 A-
Hosford Middle School 1.2 mi Public 6-8 B+
Le Monde French Immersion Public Charter School 1.3 mi Public KG-8 A-
Beverly Cleary School 1.4 mi Public KG-8 A
Grant High School 1.4 mi Public 9-12 A-
St Ignatius School 1.4 mi Private PK-8
Buckman Elementary School 1.4 mi Public KG-5 B+
Village Free School 1.5 mi Private UG
Rose City Park Elementary School 1.6 mi Public KG-5 B
This information is provided for general informational purposes only and should not be relied on in making any home-buying decisions. School information does not guarantee enrollment. Contact a local real estate professional or the school district(s) for current information on schools. This information is not intended for use in determining a person's eligibility to attend a school or to use or benefit from other city, town or local services.

Demographic Data

Portland, OR 97215

Median Age: 41
Married: 40%
Number of Households: 8,389
Households with Children: 24%
  • Occupancy Types
    • 0 Vacant
    • 0 Owned
    • 0 Rented
  • Transportation to Work
    • 0 Drive
    • 0 Public Transportation
    • 0 Walk / Bike / Other
    • 0 Work at Home
Copyright © 2025 Regional Multiple Listing Services. All rights reserved. All information provided by the listing agent/broker is deemed reliable but is not guaranteed and should be independently verified. Information being provided is for consumers' personal, non-commercial use and may not be used for any purpose other than to identify prospective properties consumers may be interested in purchasing.