$849,900

514 SE 42nd Ave Portland, OR 97215

$10,000
Closing credit¹
2,176 sqft
0.1 acres
$391 / sqft
House

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

Home typeOther
HeatingForced Air
StatusActive
CoolingCentral Air
Size2,176 sqft
BasementYes
Lot size0.11 Acres
Year built1913
ParkingDriveway, Garage
MLS #696514188
Garage1 space
ViewTrees/Woods

Virtual tour

Summary

  • 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

IDXThe content relating to real estate for sale on this web site comes in part from the IDX program of the RMLS of Portland, Oregon. Real estate listings held by another brokerage firm are marked with the RMLS logo, and detailed information about these properties includes the names of the listing brokers. Listing content is copyright © 2025 Regional Multiple Listing Service, Inc. (RMLS™) Portland, Oregon.

The information on this web site is provided exclusively for consumers' personal, non-commercial use and may not be used for any purpose other than to identify prospective properties consumers may be interested in purchasing. We are not responsible or liable for misinformation, misprints, or typographical errors. All information provided is deemed reliable but is not guaranteed and should be independently verified through personal inspection by and/or with the appropriate professionals. Properties subject to prior sale, change, withdrawal or rental. All data, including all measurements and calculations of area, is obtained from various sources and has not been, and will not be, verified by broker or MLS. All information should be independently reviewed and verified for accuracy. Properties may or may not be listed by the office/agent presenting the information.

Data displayed may be a portion of, and not a complete set of all listings published in the MLS.
Last updated on: 4/8/2025, 8:20:52 AM Eastern. If you have any questions regarding the accuracy of this data, please contact us at help@rockethomes.com.

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view of front of property featuring a garage

$849,900

514 SE 42nd Ave

$10,000

closing credit¹

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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.

All data from GreatSchools

Neighborhood

The neighbors living near this home have an average income of $49,150. The majority of Portland, OR residents have income between $35k-100k annually. The most common type of family is single, no kids. The most common level of education of people living in this area is post secondary degree.

How much money do the neighbors make?

24%
<35k
67%
35k-100k
8%
100k-200k
1%
200k+

What level of education do the neighbors have?

No High School
High School Diploma
Post Secondary Degree
Masters Degree

What types of families live nearby?

71%
Single, No Kids
3%
Single, with Kids
15%
Married, No Kids
11%
Married, with Kids

Are the neighbors home owners or renters?

Home Owners
Renters

How old are people in this area?

9%
<11 yrs old
2%
12-17 yrs old
40%
18-34 yrs old
42%
35-64 yrs old
7%
65+ yrs old

What do the neighbors do for fun?

  • Music ConcertsMusic Concerts
  • Art MuseumsArt Museums
  • Major League Soccer (MLS)Major League Soccer (MLS)

Where do the neighbors shop?

  • H&MH&M
  • BloomingdalesBloomingdales
  • Banana RepublicBanana Republic

Where do the neighbors go to eat?

  • ChipotleChipotle
  • StarbucksStarbucks
  • Jack In The BoxJack In The Box

What do the neighbors drive?

  • VolkswagenVolkswagen
  • AudiAudi
  • ToyotaToyota

What do the neighbors listen to?

  • Rhythmic Contemporary HitsRhythmic Contemporary Hits
  • NewsNews
  • JazzJazz
All data provided by Home Junction and Claritas

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Frequently asked questions

About 514 SE 42nd Ave

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.

Portland, OR housing market in March 2025 saw over 260 listings sold above listed price, more than 174 sold at listed price and over 254 sold below. The number of listings in Portland, OR increased by 11.5% between February and March 2025. In March 2025, listings were on the market for 58 days. During the same period, the median list price in this real estate market was $547,107.

From Rocket Homes Real Estate and based on county public records data.

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