Welcome to the Mississippi Neighborhood, one of the oldest neighborhoods in Portland, steeped in history and community. The location is amazing. Just steps away from Mississippi corridor. Dine and imbibe in the many restaurants, bars, and food carts. Support the thriving local shops along the way. This home, built in 1900, still reflects the style and history of the era, yet has been beautifully restored and updated for today. In 2019 the home was fully permitted for short-term rentals. This included safety upgrades required for egress, height standards, and electrical. This also allowed for 2 additional legal bedrooms upstairs and one in the basement, now boasting 5 bedrooms and 2 baths. Additional upgrades include replacing knob and tube wiring, adding high speed internet wiring, new flooring in bathrooms, restoring many window frames and doors, plus new water heater (2024). The open floor plan is great for entertaining which extends from the front parlor with pocket doors to the covered back deck with fully fenced yard. No need to hunt for parking in this vibrant "go-to" neighborhood. Enjoy two private gated off-street parking spots accessed from alleyway behind house. This could be your home in the heart of a historic neighborhood or an investment property with an incredible upside as a short term rental. Walk Score of 90 and Bike Score of 98! [Home Energy Score = 1. HES Report at https://rpt.greenbuildingregistry.com/hes/OR10239355]
Sold
$631,000
4042 N Michigan Ave, Portland, OR 97227
5beds
2,690sqft
Residential, Single Family Residence
Built in 1900
3,920.4 Square Feet Lot
$629,300 Zestimate®
$235/sqft
$3,618 Estimated rent
Home value
$629,300
$585,000 - $680,000
$3,618/mo
Zestimate® history
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$3,883/mo
Est. payment
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Est. payment
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List your homeWhat's special
Fully fenced yardCovered back deckOpen floor plan
Zillow last checked:
Listing updated:
Listed by:
Douglas Meyer 503-314-9210,
Windermere Realty Trust
Bought with:
Kathleen Molony, 201255426
Portlandia Properties, LLC
Source: RMLS (OR),MLS#: 227097331
Facts & features
Interior
Bedrooms & bathrooms
- Bedrooms: 5
- Bathrooms: 2
- Full bathrooms: 2
- Main level bathrooms: 2
Primary bedroom
- Level: Main
- Area: 144
- Dimensions: 12 x 12
Bedroom 2
- Level: Main
- Area: 132
- Dimensions: 12 x 11
Bedroom 3
- Level: Upper
- Area: 170
- Dimensions: 10 x 17
Bedroom 4
- Level: Upper
- Area: 120
- Dimensions: 10 x 12
Bedroom 5
- Level: Lower
- Area: 156
- Dimensions: 12 x 13
Dining room
- Features: Builtin Features
- Level: Main
- Area: 156
- Dimensions: 13 x 12
Family room
- Level: Upper
- Area: 462
- Dimensions: 14 x 33
Kitchen
- Features: Island, Pantry
- Level: Main
- Area: 273
- Dimensions: 12 x 21
Living room
- Level: Main
- Area: 168
- Dimensions: 14 x 12
Heating
- Forced Air
Cooling
- Exhaust Fan
Appliances
- Included: Dishwasher, Free-Standing Range, Free-Standing Refrigerator, Gas Appliances, Washer/Dryer, Gas Water Heater
Features
- High Ceilings, High Speed Internet, Built-in Features, Kitchen Island, Pantry
- Flooring: Wood
- Windows: Wood Frames
- Basement: Finished,Unfinished
Interior area
- Total structure area: 2,690
- Total interior livable area: 2,690 sqft
Property
Parking
- Parking features: Off Street, Parking Pad
- Has uncovered spaces: Yes
Features
- Stories: 3
- Patio & porch: Covered Deck, Porch
- Fencing: Fenced
Lot
- Size: 3,920 sqft
- Features: SqFt 3000 to 4999
Details
- Parcel number: R223546
Construction
Type & style
- Home type: SingleFamily
- Architectural style: Victorian
- Property subtype: Residential, Single Family Residence
Materials
- Lap Siding, Metal Siding, Wood Siding, Insulation and Ceiling Insulation
- Foundation: Concrete Perimeter
- Roof: Shingle
Condition
- Resale
- New construction: No
- Year built: 1900
Utilities & green energy
- Gas: Gas
- Sewer: Public Sewer
- Water: Public
- Utilities for property: Cable Connected
Community & neighborhood
Location
- Region: Portland
- Subdivision: Mississippi
Other
Other facts
- Listing terms: Cash,Conventional,FHA,VA Loan
- Road surface type: Paved
Price history
| Date | Event | Price |
|---|---|---|
| 8/25/2025 | Sold | $631,000-0.9%$235/sqft |
Source:  RMLS (OR) #227097331 Report a problem | ||
| 7/31/2025 | Pending sale | $637,000$237/sqft |
Source: RMLS (OR) #227097331 Report a problem | ||
| 6/27/2025 | Listed for sale | $637,000+173.6%$237/sqft |
Source: RMLS (OR) #227097331 Report a problem | ||
| 12/15/2004 | Sold | $232,800+1405.6%$87/sqft |
Source: Public Record Report a problem | ||
| 1/2/2001 | Sold | $15,462$6/sqft |
Source: Public Record Report a problem | ||
Public tax history
| Year | Property taxes | Tax assessment |
|---|---|---|
| 2025 | $3,873 +3.7% | $143,750 +3% |
| 2024 | $3,734 +4% | $139,570 +3% |
| 2023 | $3,591 +2.2% | $135,510 +3% |
| 2022 | $3,513 +1.7% | $131,570 +3% |
| 2021 | $3,454 +9% | $127,740 +3% |
| 2020 | $3,168 +9.3% | $124,020 +8.4% |
| 2019 | $2,899 | $114,390 +3% |
| 2018 | $2,899 +3% | $111,060 +3% |
| 2017 | $2,814 +14% | $107,830 +3% |
| 2016 | $2,468 | $104,690 +3% |
| 2015 | $2,468 +2.7% | $101,650 +3% |
| 2014 | $2,404 +3.9% | $98,690 +3% |
| 2013 | $2,312 +10.5% | $95,820 +3% |
| 2012 | $2,092 +3.9% | $93,030 +3% |
| 2011 | $2,013 +5.4% | $90,330 +3% |
| 2010 | $1,910 +2.7% | $87,700 +3% |
| 2009 | $1,860 +6% | $85,150 +3% |
| 2008 | $1,755 +0.3% | $82,670 +3% |
| 2007 | $1,750 +11.3% | $80,270 +3% |
| 2006 | $1,572 +4.7% | $77,940 +3% |
| 2005 | $1,501 +60.5% | $75,670 +80.1% |
| 2004 | $935 +2.3% | $42,020 +3% |
| 2003 | $915 +8.9% | $40,800 +3% |
| 2002 | $840 +7.4% | $39,620 +6.1% |
| 2000 | $783 | $37,350 |
Find assessor info on the county website
Neighborhood: Boise
Nearby schools
GreatSchools rating
- 7/10Boise-Eliot Elementary SchoolGrades: PK-5Distance: 0.4 mi
- 8/10Harriet Tubman Middle SchoolGrades: 6-8Distance: 1 mi
- 5/10Jefferson High SchoolGrades: 9-12Distance: 0.7 mi
Schools provided by the listing agent
- Elementary: Boise-Eliot
- Middle: Harriet Tubman
- High: Jefferson,Grant
Source: RMLS (OR). This data may not be complete. We recommend contacting the local school district to confirm school assignments for this home.
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Estimated market value
$629,300
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Estimated market value
$629,300
- Oregon
- Multnomah County
- Portland
- 97227
- Boise
- 4042 N Michigan Ave
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