1225 NE 42nd Ave, Portland, OR 97213

TURNKEY AIRBNB OPPORTUNITY: See standout bonus section. Fall in love with this stunning English Tudor gem, ideally situated in one of Portland's most desirable neighborhoods. Just two blocks from the shops, restaurants, and bars of Hollywood, yet tucked into the quiet, tree-lined streets of Laurelhurst, this home offers the perfect blend of convenience and calm. Inside, three bedrooms and two bathrooms await behind a light-filled interior full of character: gleaming hardwood floors, vaulted ceilings, skylights, crown moulding, and wainscoting set an elegant, welcoming tone throughout. The kitchen and bathrooms have been thoughtfully renovated with modern finishes that complement the home's classic Tudor bones, and the open floor plan makes entertaining effortless. Families will love the location: this home falls within the Laurelhurst Elementary and Laurelhurst Middle School boundaries, both ranked in the top 5% of schools statewide, and feeds into Grant High School, ranked 10th best in Oregon. A standout bonus: a private guest suite with its own separate entrance currently operates as a successful Airbnb, generating $32,000-$42,000 a year in income. Tenants have the opportunity to continue running the Airbnb themselves if they choose, offering a rare chance to offset rent with an already-thriving short-term rental. Comes fully furnished, with an outstanding track record, highly reviewed, and cleaner who manages turn over. If applicant decides to take ownership of the Airbnb an additional $500/mo charge will be applied on top of rent, but ultimately makes monthly rent approximately $2,800 -$3,800 per month net. Don't miss your chance to call this Laurelhurst beauty home. Available September 1st, 2026. Contact us today to schedule a showing! Renter is responsible for all utilities including water and electric. Owner pays garbage. Non-smoking home. Year lease only, no month to month. One months rent lease break fee. Owner is responsible for all yard maintenance. $3,500 security deposit, $500 pet deposit.