Oregon
Portland
4036 Ne SENATE St

$985,000

4036 Ne SENATE St, Portland, OR 97232

5 beds |
4 baths |
3,455 sqft

Single-Family Home
Built in 1916
5,227sqft lot
1 car garage
$285/sqft
Listed 18 hours ago

Property Description

Rare Opportunity in Coveted Laurelhurst – Two Homes for the Price of One! This exceptional 1915 home offers a spacious four bed/1.5 bath main residence plus a stunning two-story permitted ADU with one bedroom and 1.5 baths. The modern 2017 attached ADU has vaulted ceilings, skylights, gas fireplace, loft (previously used as office or a second bedroom), balcony and complete separate utilities. Perfect for multi-generational living, blended family, or an income stream! The permitted ADU has a history of renting for $2,500/month long term, or $5,000+/month short term. Enjoy the lucrative income generation! The main home sits proudly above the road with an enclosed front porch keeping both residences peaceful and quiet. Enjoy a 5-minute walk to MAX, Trader Joe’s, Whole Foods, Hollywood Farmers Market, New Seasons, Hollywood Theater, 24 Hour Fitness, and more. Street level garage, separate basement entrance and large shed are valuable storage options for both residences. Laurelhurst K-8, Grant High School, close to Central Catholic. Walk and bike score of 94. This is truly a unique opportunity in one of Portland’s most desirable neighborhoods! Open Saturday & Sunday 11am-1pm. [Home Energy Score = 3. HES Report at https://rpt.greenbuildingregistry.com/hes/OR10239762]

Listing Status:: Active
Date Added:: August 8, 2025 at 05:00AM
Listing Office:: Realty Works Group : 503-975-1829
Listing Agent:: Andrew Galler CRS : 503-975-1829
MLS ID:: 561218478

General: Garage door openerGraniteHardwood floorsHigh speed internetLaundryLuxury vinyl plankSeparate living quarters apartment aux living unitSkylightTile floorVaulted ceilingVinyl floorWainscotingWasher dryer
Appliances: DishwasherDisposalFree standing gas rangeFree standing rangeFree standing refrigeratorGranitePantryStainless steel appliance
Basement: Crawl spacePartial basement
A/C: Central air
Heating: Forced air
Fireplace: GasWood burningFireplaceFireplaces: 2
Eco/Green Feature: Partial ceiling insulationPartial wall insulationTankless

This listing courtesy of Andrew Galler CRS, Realty Works Group

Monthly Payment

$Est. Payment

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

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Location

Schools Nearby

Laurelhurst Elementary School

840 NE 41st Ave, Portland, OR, 97232

Grades KG-8

0.23 miles away

Laurelhurst Elementary School

840 NE 41st Ave, Portland, OR, 97232

Grades KG-8

0.23 miles away

Grant High School

2245 NE 36th Ave, Portland, OR, 97212

Grades 9-12

0.53 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.