$735,000

4535 Sw LAURELWOOD Ave, Portland, OR 97225

3 beds |
2 baths |
3,177 sqft

Single-Family Home
Built in 1942
0.32acre lot
1 car garage
$231/sqft
Listed 21 hours ago

Property Description

Assumable VA loan at 4.05%—an incredible opportunity in today’s market! Rare opportunity in highly desirable Raleigh Hills, this unique property offers dual residential and commercial zoning, opening the door to endless possibilities—live, work, or invest all in one location.Set on a spacious .32-acre lot, this charming bungalow-style home features 3 bedrooms, 2 bathrooms, and a flexible layout with a finished lower level—perfect for a home office, client space, or potential business use. The finished lower level also offers excellent potential for multigenerational living or guest quarters, with space that may lend itself to a future kitchenette.The layout offers versatility while maintaining a warm, inviting feel throughout. Enjoy abundant off-street parking, including a large driveway with RV/boat parking potential—ideal for clients, equipment, or extra vehicles. A detached garage with covered parking adds even more functionality and convenience.Located just minutes from shopping, dining, parks, and major commuter routes, this property blends everyday comfort with exceptional flexibility. A rare find offering style, space, opportunity, and a powerful financing advantage—don’t miss this one!

Listing Status:: Active
Date Added:: April 23, 2026
Data Last Updated:: April 24, 2026 at 1:41AM
Listing Office:: eXp Realty, LLC : 888-814-9613
Listing Agent:: Sherry Hawkins : 503-750-1104
MLS ID:: 407767518

General: Garage door openerGraniteLaundryTile floorWallto wall carpetWasher dryerWood floors
Appliances: Butlers pantryDishwasherDisposalFree standing rangeFree standing refrigeratorGraniteMicrowavePlumbed for ice makerStainless steel applianceTile
Basement: FinishedFull basement
A/C: Central air
Heating: Forced air
Fireplace: GasFireplaceFireplaces: 2
Disability Feature: Main floor bedroom bath

General: Lap sidingDeckFencedPorchPublic roadRv parkingYard
Style: BungalowTraditional
Parking: DrivewayRv access parkingParking spaces: 1

Roofing: Composition
Windows: DoublePaneWindowsVinylFrames
General: Concrete perimeter

Road/Access: Paved
Originating MLS: Regional Multiple Listing ServiceInc.
County: Washington

Zoning: Comm/ReACRES 0.32R97460

Water: Public water
Sewer: Public sewer

Source: Regional Multiple Listing ServiceInc.

This listing courtesy of Sherry Hawkins , eXp Realty, LLC

Monthly Payment

$Est. Payment

Principal & Interest $
Property Taxes $
Home Insurance $
VA Funding Fee $

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Location

Schools Nearby

Raleigh Park Elementary School

3670 SW 78th Ave, Portland, OR, 97225

Grades KG-5

0.48 miles away

Whitford Middle School

7935 SW Scholls Ferry Rd, Beaverton, OR, 97008

Grades 6-8

1.95 miles away

Beaverton High School

13000 SW 2nd St, Beaverton, OR, 97005

Grades 9-12

2.40 miles away

Disclaimer: School and School District information courtesy of the National Center for Education Statistics (NCES). School boundaries may change. Proximity to listed schools does not guarantee enrollment eligibility. Contact the school district for more information and exact boundaries.