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Sold
  • $655,000

    4535 SW Laurelwood Ave, Portland, OR 97225

    3beds
    2,126sqft
    Residential, Single Family Residence
    Built in 1942
    0.32 Acres Lot
    $654,900 Zestimate®
    $308/sqft
    $3,192 Estimated rent

    Home value

    $654,900

    $622,000 - $688,000

    $3,192/mo

    Zestimate® history
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    What's special

    Guest quartersMultigenerational livingPrivate officeFinished lower levelBonus roomClient-facing workspaceVersatile floor plan
    ASSUMABLE 4.05% VA LOAN AVAILABLE! Buyers do NOT need to be veterans to potentially assume this low-interest loan, subject to lender approval and qualification. In today’s market, this unique financing opportunity could provide significant monthly savings for qualified buyers.Rare Commercial General (CG) opportunity in highly sought-after Raleigh Hills, located in desirable Washington County! This unique property offers exceptional flexibility for residential living, an owner-user, live/work setup, boutique office, wellness practice, professional services, or investment opportunity (buyer to verify permitted uses).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, bonus room, or future kitchenette potential.Enjoy abundant off-street parking, including a large driveway with potential RV, boat, trailer, or equipment parking. A detached garage with covered parking adds even more convenience and functionality.Ideally located just minutes from shopping, dining, parks, downtown Portland, major commuter routes, Nike, Intel, and many of Washington County’s largest employers, this property offers an exceptional combination of location, flexibility, and opportunity.Properties offering Commercial General zoning, residential flexibility, a large lot, abundant parking, and an assumable 4.05% loan are exceptionally rare. Whether you’re looking to live, work, invest, or create something unique, this property presents possibilities that are difficult to find in today’s market.Don’t miss this rare opportunity to secure a flexible-use property in one of Washington County’s most desirable locations while potentially taking advantage of an assumable 4.05% VA loan available to qualified buyers.

    Zillow last checked:

    Listing updated:

    Listed by:

    Sherry Hawkins 503-750-1104,

    eXp Realty, LLC

    Bought with:

    Hashem Hashem, 201242580

    Vantage Point Brokers, LLC

    Source: RMLS (OR),MLS#: 407767518MLS Logo

    Facts & features

    Interior

    Bedrooms & bathrooms
    • Bedrooms: 3
    • Bathrooms: 2
    • Full bathrooms: 2
    • Main level bathrooms: 1
    Rooms
    • Room types: Laundry, Bonus Room, Bedroom 2, Bedroom 3, Dining Room, Family Room, Kitchen, Living Room, Primary Bedroom
    Primary bedroom
    • Features: Closet, Wood Floors
    • Level: Main
    • Area: 121
    • Dimensions: 11 x 11
    Bedroom 2
    • Features: Closet, Wood Floors
    • Level: Main
    • Area: 88
    • Dimensions: 11 x 8
    Bedroom 3
    • Features: Closet, Wallto Wall Carpet
    • Level: Lower
    • Area: 128
    • Dimensions: 16 x 8
    Dining room
    • Features: Sliding Doors, Wood Floors
    • Level: Main
    • Area: 90
    • Dimensions: 9 x 10
    Family room
    • Features: Fireplace, Wallto Wall Carpet
    • Level: Lower
    • Area: 253
    • Dimensions: 11 x 23
    Kitchen
    • Features: Microwave, Free Standing Range, Free Standing Refrigerator, Granite, Tile Floor
    • Level: Main
    • Area: 153
    • Width: 17
    Living room
    • Features: Fireplace, Wood Floors
    • Level: Main
    • Area: 234
    • Dimensions: 13 x 18
    Heating
    • Forced Air, Fireplace(s)
    Cooling
    • Central Air
    Appliances
    • Included: Dishwasher, Disposal, Free-Standing Range, Free-Standing Refrigerator, Microwave, Plumbed For Ice Maker, Stainless Steel Appliance(s), Washer/Dryer, Gas Water Heater
    • Laundry: Laundry Room
    Features
    • Granite, Closet, Butlers Pantry, Tile
    • Flooring: Tile, Wall to Wall Carpet, Wood
    • Doors: Sliding Doors
    • Windows: Double Pane Windows, Vinyl Frames
    • Basement: Finished,Full
    • Number of fireplaces: 2
    • Fireplace features: Gas
    Interior area
    • Total structure area: 2,126
    • Total interior livable area: 2,126 sqft

    Property

    Parking
    • Total spaces: 1
    • Parking features: Driveway, RV Access/Parking, Garage Door Opener, Converted Garage, Detached
    • Garage spaces: 1
    • Has uncovered spaces: Yes
    Accessibility
    • Accessibility features: Main Floor Bedroom Bath, Accessibility
    Features
    • Stories: 2
    • Patio & porch: Deck, Porch
    • Exterior features: Yard
    • Fencing: Fenced
    Lot
    • Size: 0.32 Acres
    • Features: Level, SqFt 10000 to 14999
    Details
    • Additional structures: RVParking
    • Parcel number: R97460
    • Zoning: Comm/Re

    Construction

    Type & style
    • Home type: SingleFamily
    • Architectural style: Bungalow,Traditional
    • Property subtype: Residential, Single Family Residence
    Materials
    • Lap Siding
    • Foundation: Concrete Perimeter
    • Roof: Composition
    Condition
    • Updated/Remodeled
    • New construction: No
    • Year built: 1942

    Utilities & green energy

    • Gas: Gas
    • Sewer: Public Sewer
    • Water: Public
    • Utilities for property: Cable Connected

    Community & HOA

    Community
    • Security: Security Gate
    HOA
    • Has HOA: No
    Location
    • Region: Portland

    Financial & listing details

    • Price per square foot: $308/sqft
    • Annual tax amount: $4,548
    • Date on market: 4/23/2026
    • Cumulative days on market: 372 days
    • Listing terms: Assumable,Cash,Conventional,FHA,VA Loan
    • Road surface type: Paved

    Price history

    DateEventPrice
    8/20/2026Sold$655,000-7.6%$308/sqft
    Source: RMLS (OR) #407767518 Report a problem
    7/21/2026Pending sale$709,000$333/sqft
    Source: RMLS (OR) #407767518 Report a problem
    7/15/2026Price change$709,000-2.2%$333/sqft
    Source: eXp Realty #407767518 Report a problem
    5/21/2026Price change$724,900-1.4%$341/sqft
    Source: RMLS (OR) #407767518 Report a problem
    4/23/2026Listed for sale$735,000+12.3%$346/sqft
    Source: RMLS (OR) #407767518 Report a problem
    5/25/2018Sold$654,500-2.2%$308/sqft
    Source: RMLS (OR) #18541822 Report a problem
    4/25/2018Pending sale$669,000$315/sqft
    Source: Windermere Realty Trust #18541822 Report a problem
    4/3/2018Listed for sale$669,000$315/sqft
    Source: Windermere Realty Trust #18541822 Report a problem

    Public tax history

    Tax history is unavailable.

    Neighborhood: West Slope

    Nearby schools

    GreatSchools rating
    Schools provided by the listing agent
    • Elementary: Raleigh Park
    • Middle: Whitford
    • High: Beaverton

    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
    $654,900
    Get a cash offer in 3 minutes
    Find out how much your home could sell for in as little as 3 minutes with a no-obligation cash offer.
    Estimated market value
    $654,900