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Justin Harnish

[email protected] +1(503) 699-8483

Listed by eXp Realty, LLC • 503-750-1104

$ 724,900

Est. payment -/mo

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Price Dropped by $10K

4535 SW LAURELWOOD AVE Portland, OR 97225

3 Beds

2 Baths

3,177 SqFt

UPDATED:

Key Details

Property Type Single Family Home

Sub Type Single Family Residence

Listing Status Active

Purchase Type For Sale

Square Footage 3,177 sqft

Price per Sqft $228

MLS Listing ID 407767518

Style Bungalow, Traditional

Bedrooms 3

Full Baths 2

HOA Y/N No

Year Built 1942

Annual Tax Amount $4,548

Tax Year 2025

Lot Size 0.320 Acres

Property Sub-Type Single Family Residence

Property Description

RARE Commercial General (CG) opportunity in highly sought-after SW Portland! Exceptional flexible-use property ideal for an owner-user, live/work setup, boutique office, wellness practice, professional services, or investment opportunity (buyer to verify permitted uses). An assumable VA loan at just 4.05% offers an incredible financing advantage in today's market! Located in desirable Raleigh Hills, this unique property offers rare flexibility with exciting residential and commercial potential. Situated on a spacious .32-acre lot, this charming bungalow-style property features 3 bedrooms, 2 bathrooms, and a versatile floor plan designed to adapt to a variety of needs. The finished lower level offers excellent potential for a private office, client-facing workspace, guest quarters, multigenerational living, or future kitchenette potential. Enjoy abundant off-street parking, including a large driveway with RV/boat parking possibilities—ideal for clients, equipment, or multiple vehicles. A detached garage with covered parking adds even more convenience and functionality. Just minutes from shopping, dining, parks, and major commuter routes, this one-of-a-kind property combines charm, flexibility, location, and opportunity in one compelling package. Whether you're looking to live, work, invest, or create something unique, opportunities like this in Raleigh Hills are exceptionally rare. Don't miss the chance to secure a property with endless possibilities and a major financing advantage!

Location

State OR

County Washington

Area _148

Zoning Comm/Re

Rooms

Basement Finished, Full Basement

Interior

Interior Features Garage Door Opener, Granite, Laundry, Tile Floor, Wallto Wall Carpet, Washer Dryer, Wood Floors

Heating Forced Air

Cooling Central Air

Fireplaces Number 2

Fireplaces Type Gas

Appliance Butlers Pantry, Dishwasher, Disposal, Free Standing Range, Free Standing Refrigerator, Granite, Microwave, Plumbed For Ice Maker, Stainless Steel Appliance, Tile

Exterior

Exterior Feature Deck, Fenced, Porch, Public Road, R V Parking, Yard

Parking Features Converted, Detached

Garage Spaces 1.0

Roof Type Composition

Accessibility MainFloorBedroomBath

Garage Yes

Building

Lot Description Level

Story 2

Foundation Concrete Perimeter

Sewer Public Sewer

Water Public Water

Level or Stories 2

Schools

Elementary Schools Raleigh Park

Middle Schools Whitford

High Schools Beaverton

Others

Senior Community No

Acceptable Financing Assumable, Cash, Conventional, FHA, VALoan

Listing Terms Assumable, Cash, Conventional, FHA, VALoan

Regional Multiple Listing Service (RMLS)

NEARBY SCHOOL & BUSINESS

Justin Harnish

Broker/Owner | License ID: 200112017

+1(503) 699-8483

Justin Harnish

4535 SW LAURELWOOD AVE Portland, OR 97225

Key Details

Location

Rooms

Interior

Exterior

Building

Schools

Others

NEARBY SCHOOL & BUSINESS

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4535 SW LAURELWOOD AVE