#313210332, Martha Peterson, Listing Office: Oregon First
514 SE 42nd Ave Portland, OR 97215
Property details
About 514 SE 42nd Ave
Welcome to this stunningly remodeled home with lower level ADU in the highly sought-after Laurelhurst neighborhood! Incredible investment opportunity or way to supplement your mortgage with rental income. Perfectly located, you'll enjoy easy access to the vibrant shops and restaurants of Belmont and Hawthorne, plus the tranquility of Laurelhurst Park just a short stroll away. This home has been thoughtfully and impeccably designed to offer both style and functionality. The main house features a spacious layout with three bedrooms and two full bathrooms, beautifully appointed across two levels. The main floor includes a convenient bedroom and a luxurious bathroom with a spa-like walk-in shower, offering comfort and convenience. The expansive living room flows seamlessly into the stunning kitchen, complete with an abundance of cabinetry (including built-ins), a pantry, under-counter storage, and a striking waterfall countertop. High-end stainless steel appliances and sleek tilework add a modern touch to this inviting space. Upstairs, you’ll find two additional bedrooms, a lavish bathroom and versatile second living room room perfect for a home office, playroom, or cozy movie nights. The lower level is equally impressive, featuring a fully functional ADU with separate entrance, two bedrooms and a bathroom. Outside, the home continues to impress with off-street parking, a detached garage, and an expansive driveway. Enjoy the serenity of a private, beautifully landscaped yard with a covered deck, patio space, and a charming front porch, perfect for outdoor relaxation. This home combines modern luxury with an unbeatable location, making it a rare find in one of Portland’s most desirable neighborhoods. Don’t miss your chance to experience this exceptional property! [Home Energy Score = 4. HES Report at https://rpt.greenbuildingregistry.com/hes/OR10193476]
Highlights
Virtual tour
Summary
- Basement: Yes
- Garage Space: 1 space
- Attached Garage: No
- Parking: Driveway, Garage
- View: Trees/Woods
- Heating: Forced Air
- Cooling: Central Air
- List Price: $849,900
- Price/SqFt: $390
- Lot: Level
- Directions: SE Belmont St, N on SE 42nd Ave
- Year Built: 1913
- Stories: 3
- Living Area: 2,176 SqFt
- Lot Size: 0.11 Acres
- MLS Number: 696514188
- MLS Name: Regional Multiple Listing Service, Inc.
- Office Name: Keller Williams Realty Portland Premiere
- Office Phone: (503) 597-2444
- Listing Agent: Darryl Bodle, Kelly Christian
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Last updated on: 5/21/2025, 12:20:32 AM Eastern. If you have any questions regarding the accuracy of this data, please contact us at help@rockethomes.com.
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$849,900
514 SE 42nd Ave
$10,000
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Price information
Property sales
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Tax history
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Nearby schools
9
Glencoe Elementary School
Public District KG-5
0.4 mi
•825 SE 51st Ave
8
Richmond Elementary School
Public District PK-5
0.9 mi
•2276 SE 41st Ave
8
Atkinson Elementary School
Public District KG-5
1.2 mi
•5800 SE Division St
School ratings are a score out of 10, where 10 is the highest and 1 is the lowest.
Neighborhood
The neighbors living near this home have an average income of $49,150. Residents of Portland, OR typically earn between $35k-100k each year. The majority of families are single, no kids. The majority of residents in this area have post secondary degree education.
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Frequently asked questions
About 514 SE 42nd Ave
The listing price of 514 SE 42nd Ave property is $849,900.
The property 514 SE 42nd Ave is a house located in Portland, Oregon, 97215.
Active Listing: 514 SE 42nd Ave is For Sale (Active/New) which means the seller is accepting offers.
The nearby schools for 514 SE 42nd Ave are: Glencoe Elementary School (GreatSchools Rating 9/10), Richmond Elementary School (GreatSchools Rating 8/10), Atkinson Elementary School (GreatSchools Rating 8/10), Sunnyside Environmental School (GreatSchools Rating 8/10), Laurelhurst Elementary School (GreatSchools Rating 9/10), Mt Tabor Middle School (GreatSchools Rating 8/10), Franklin High School (GreatSchools Rating 7/10), Grant High School (GreatSchools Rating 8/10), Benson Polytechnic High School (GreatSchools Rating 9/10).
The property at 514 SE 42nd Ave has 0 bathroom.
The property 514 SE 42nd Ave is 2,176 SqFt (source: MLS/tax record).
The year of construction for 514 SE 42nd Ave is 1913.
This home is located at 514 SE 42nd Ave in Portland, OR and zip code 97215 in the Southeast Portland neighborhood. This 2,176 square foot home, which was built in 1913, sits on a 0.11 acre lot. Features: 0 bathroom. It has been listed on Rocket Homes since January 28, 2025 and is currently priced at $849,900.
While more than 338 listings in Portland, OR in April 2025 were sold above asking price, there were more than 186 listings sold at asking price, and more than 313 were sold below. The inventory of homes for sale in Portland, OR between March and April 2025 increased by 18.3%. In April 2025, listings were on the market for 48 days. During the same period, the median list price in this real estate market was $549,429.