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Sold
  • $434,900

    506 NE Lawrence Ave, Portland, OR 97232

    2beds
    1,136sqft
    Residential, Townhouse
    Built in 1997
    871.2 Square Feet Lot
    $431,600 Zestimate®
    $383/sqft
    $1,993 Estimated rent

    Home value

    $431,600

    $397,000 - $466,000

    $1,993/mo

    Zestimate® history
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    What's special

    Cozy gas fireplaceBright open living spaceAmple storage spaceSecluded back deckPrivate balconyGolden bamboo floors
    Live in the heart of one of Portland's most vibrant neighborhoods! This urban townhouse offers a unique blend of comfort, convenience, and opportunity. The bright, open living space is designed for modern living. Skylights flood the area with natural light, while a cozy gas fireplace and golden Bamboo floors add warmth and ambiance. The living room extends seamlessly to a private balcony, offering the perfect spot to relax or enjoy a morning coffee in the city’s dynamic atmosphere.This home is ideal for both personal living and professional use, thanks to its flexible zoning and thoughtful layout. The two well-separated master bedroom suites provide privacy and comfort, making the property suitable for roommates, guests, or a live/work setup. The lower-level suite includes access to a secluded back deck, creating a peaceful retreat amidst the urban buzz. Practical features abound, including ample storage space and private parking - the attached garage is an exciting find in this location! Additionally, the absence of HOA fees makes this an attractive option for homeowners and investors alike. Whether you're entertaining guests in the open-concept living area or enjoying a quiet evening on the deck, this townhouse offers a harmonious blend of style and functionality. Seller to provide an allowance for carpet and/or appliance replacement! This is a fantastic investment opportunity and a welcoming home in the heart of the city. Don't miss the chance to experience the best of Portland right outside your door with some of the city’s finest restaurants, lively entertainment, and cultural attractions within blocks. This home embodies the ultimate urban lifestyle! You will love living here! [Home Energy Score = 8. HES Report at https://rpt.greenbuildingregistry.com/hes/OR10235128]

    Zillow last checked:

    Listing updated:

    Listed by:

    Tom Cotter 503-260-7876,

    Think Real Estate

    Bought with:

    Michael Bluhm, 201218396

    Neighbors Realty

    Source: RMLS (OR),MLS#: 24606300MLS Logo

    Facts & features

    Interior

    Bedrooms & bathrooms
    • Bedrooms: 2
    • Bathrooms: 2
    • Full bathrooms: 2
    • Main level bathrooms: 1
    Primary bedroom
    • Features: Bathroom, Bamboo Floor
    • Level: Upper
    Bedroom 2
    • Features: Patio, Suite, Wallto Wall Carpet
    • Level: Main
    Dining room
    • Features: Living Room Dining Room Combo, Bamboo Floor
    • Level: Upper
    Kitchen
    • Features: Dishwasher, Eat Bar, Pantry, Bamboo Floor
    • Level: Upper
    Living room
    • Features: Balcony, Fireplace, Living Room Dining Room Combo, Bamboo Floor
    • Level: Upper
    Heating
    • Forced Air, Fireplace(s)
    Cooling
    • Air Conditioning Ready
    Appliances
    • Included: Dishwasher, Disposal, Free-Standing Range, Free-Standing Refrigerator, Plumbed For Ice Maker, Stainless Steel Appliance(s), Washer/Dryer, Gas Water Heater
    Features
    • High Ceilings, Vaulted Ceiling(s), Suite, Living Room Dining Room Combo, Eat Bar, Pantry, Balcony, Bathroom, Tile
    • Flooring: Bamboo, Wall to Wall Carpet
    • Windows: Double Pane Windows, Vinyl Frames
    • Number of fireplaces: 1
    • Fireplace features: Gas
    Interior area
    • Total structure area: 1,136
    • Total interior livable area: 1,136 sqft

    Property

    Parking
    • Total spaces: 1
    • Parking features: Garage Door Opener, Attached
    • Attached garage spaces: 1
    Features
    • Stories: 3
    • Patio & porch: Patio
    • Exterior features: Balcony
    Lot
    • Size: 871.20 sqft
    • Features: Commons, SqFt 0K to 2999
    Details
    • Parcel number: R238976
    • Zoning: CM2

    Construction

    Type & style
    • Home type: Townhouse
    • Property subtype: Residential, Townhouse
    • Attached to another structure: Yes
    Materials
    • Cement Siding, T111 Siding
    • Foundation: Concrete Perimeter
    • Roof: Composition
    Condition
    • Resale
    • New construction: No
    • Year built: 1997

    Utilities & green energy

    • Gas: Gas
    • Sewer: Public Sewer
    • Water: Public

    Community & neighborhood

    Location
    • Region: Portland
    • Subdivision: Kerns

    Other

    Other facts
    • Listing terms: Cash,Conventional
    • Road surface type: Paved

    Price history

    DateEventPrice
    3/14/2025Sold$434,900-5.4%$383/sqft
    Source: RMLS (OR) #24606300 Report a problem
    2/13/2025Pending sale$459,900$405/sqft
    Source: RMLS (OR) #24606300 Report a problem
    2/5/2025Price change$459,900-3.2%$405/sqft
    Source: RMLS (OR) #24606300 Report a problem
    1/14/2025Price change$475,000-4%$418/sqft
    Source: RMLS (OR) #24606300 Report a problem
    1/4/2025Listed for sale$495,000+266.9%$436/sqft
    Source: RMLS (OR) #24606300 Report a problem
    3/31/1999Sold$134,900$119/sqft
    Source: Public Record Report a problem

    Public tax history

    YearProperty taxesTax assessment
    2025$5,774 +3.7%$214,280 +3%
    2024$5,566 +4%$208,040 +3%
    2023$5,352 +2.2%$201,990 +3%
    2022$5,237 +1.7%$196,110 +3%
    2021$5,148 +9%$190,400 +3%
    2020$4,723 +3.8%$184,860 +3%
    2019$4,549 $179,480 +3%
    2018$4,549 +3%$174,260 +3%
    2017$4,415 +14%$169,190 +3%
    2016$3,873 $164,270 +3%
    2015$3,873 $159,490

    Find assessor info on the county website

    Neighborhood: Kerns

    Nearby schools

    GreatSchools rating
    Schools provided by the listing agent
    • Elementary: Buckman
    • Middle: Hosford
    • High: Cleveland

    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
    $431,600
    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
    $431,600