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4535 SW Laurelwood Ave

Portland, OR 97225
  • $724,900
  • STATUS: Active
  • ON SITE: 49 Days
  • MLS #: 407767518
Open House
UPDATED: 24 min ago
$724,900
  • 3
    BEDS
  • 0.32
    ACRES
  • 2
    BATHS
  • 0
    1/2 BATHS
  • 3,177
    SQFT
  • $228
    $/SQFT
Type:
Single-Family Home
Built:
1942
County:

School Information

Elementary School:
Middle School:
High School:

Description

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.

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Listing content is copyright © 2026 RMLS™, Portland, Oregon. The 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 brokerage firms other than Coho Realty are marked with the RMLS™ logo, and detailed information about these properties includes the names of the listing brokers. Data last updated 2026-06-12T22:51:44.56.Data deemed reliable but not guaranteed. Some properties which appear for sale on this web site may subsequently have sold or may no longer be available. IDX information 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. All information provided is deemed reliable but is not guaranteed accurate by RMLS™ or Coho Realty and should be independently verified.
www.coho.realty/homes/175732001
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4535 SW Laurelwood Ave Portland, OR 97225

  • Price: $724,900
  • Status: Active
  • On Site: 49 Days
  • Updated: 24 min ago
  • MLS #: 407767518
3
Beds
2
Baths
0
½ Baths
0.32
Acres
3,177
SQFT
$228
$/SQFT
1942
Built
Neighborhood:
Portland Nw/ Sw/ S, Raleigh Hills
County:
Washington
Area:
Portland Nw/ Sw/ S, Raleigh Hills
Elementary School:
Raleigh Park
Middle School:
Whitford
High School:
Beaverton
Property Description
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.
Exterior Features

Architectural Style Bungalow Traditional Attached Garage YN No Exterior Description Lap Siding Exterior Features Deck Fenced Porch Public Road RVParking Yard Foundation Details Concrete Perimeter Garage Type Converted Detached Lot Features Level Parking Features Driveway RVAccess Parking Parking Total 1 Road Surface Type Paved Roof Composition View YN No

Interior Features

Additional Room Description Laundry Additional Room Level Lower Additional Room2 Description Bonus Room Additional Room2 Level Lower Appliances Butlers Pantry Dishwasher Disposal Free Standing Range Free Standing Refrigerator Granite Microwave Plumbed For Ice Maker Stainless Steel Appliance Tile Basement Finished Full Basement Bathrooms Full Lower Level 1 Bathrooms Full Main Level 1 Bathrooms Full Upper Level 0 Bathrooms Partial Lower Level 0 Bathrooms Partial Main Level 0 Bathrooms Partial Upper Level 0 Cooling Central Air Cooling YN Yes Dining Room Features Sliding Doors Dining Room Features Cont Wood Floors Dining Room Level Main Family Room Features Fireplace Family Room Features Cont Wallto Wall Carpet Family Room Level Lower Fireplace Features Gas Fireplace YN Yes Fireplaces Total 2 Heating Forced Air Heating YN Yes Interior Features Garage Door Opener Granite Laundry Tile Floor Wallto Wall Carpet Washer Dryer Wood Floors Kitchen Features Microwave Kitchen Features Cont Free Standing Range Free Standing Refrigerator Granite Tile Floor Kitchen11 Level Main Living Room Features Fireplace Living Room Features Cont Wood Floors Living Room Level Main Lower Level Area Total 1059 Main Level Area Total 2118 Primary Bedroom Features Cont Closet Wood Floors Primary Bedroom Level Main Second Bedroom Features Cont Closet Wood Floors Second Bedroom Level Main Third Bedroom Features Cont Closet Wallto Wall Carpet Third Bedroom Level Lower Upper Level Area Total 0 Window Features Double Pane Windows Vinyl Frames

Property Features

Accessibility Features Main Floor Bedroom Bath Accessibility YN Yes Association YN No Bank Owned YN No Farm YN No Fuel Description Gas Green Certification YN No Home Warranty YN No Hot Water Description Gas IDXAddress Display YN Yes Internet Service Type Cable Listing Terms Assumable Cash Conventional FHA VALoan New Construction YN No Property Attached YN No Property Condition Updated Remodeled Property Sub Type Single Family Residence RVDescription RVParking Security Features Security Gate Senior Community YN No Sewer Public Sewer Short Sale YN No Tax Annual Amount 4548.52 Tax Year 2025 Water Source Public Water Zoning Comm / Re

Listing provided courtesy of eXp Realty, LLC: 503-750-1104.


Listing content is copyright © 2026 RMLS™, Portland, Oregon. The 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 brokerage firms other than Coho Realty are marked with the RMLS™ logo, and detailed information about these properties includes the names of the listing brokers. Data last updated 2026-06-12T22:51:44.56.Data deemed reliable but not guaranteed. Some properties which appear for sale on this web site may subsequently have sold or may no longer be available. IDX information 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. All information provided is deemed reliable but is not guaranteed accurate by RMLS™ or Coho Realty and should be independently verified.
 
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500 Liberty St SE, Suite 410
Salem OR, 97301