Oregon
Portland
4042 N MICHIGAN Ave

$637,000

4042 N MICHIGAN Ave, Portland, OR 97227

5 beds |
2 baths |
2,690 sqft

Single-Family Home
Built in 1900
3,920sqft lot
—— car garage
$237/sqft
Listed 27 days ago

Property Description

Welcome to the Mississippi Neighborhood, one of the oldest neighborhoods in Portland, steeped in history and community. The location is amazing. Just steps away from Mississippi corridor. Dine and imbibe in the many restaurants, bars, and food carts. Support the thriving local shops along the way. This home, built in 1900, still reflects the style and history of the era, yet has been beautifully restored and updated for today. In 2019 the home was fully permitted for short-term rentals. This included safety upgrades required for egress, height standards, and electrical. This also allowed for 2 additional legal bedrooms upstairs and one in the basement, now boasting 5 bedrooms and 2 baths. Additional upgrades include replacing knob and tube wiring, adding high speed internet wiring, new flooring in bathrooms, restoring many window frames and doors, plus new water heater (2024). The open floor plan is great for entertaining which extends from the front parlor with pocket doors to the covered back deck with fully fenced yard. No need to hunt for parking in this vibrant "go-to" neighborhood. Enjoy two private gated off-street parking spots accessed from alleyway behind house. This could be your home in the heart of a historic neighborhood or an investment property with an incredible upside as a short term rental. Walk Score of 90 and Bike Score of 98! Open house July 27th, 11am-1pm. [Home Energy Score = 1. HES Report at https://rpt.greenbuildingregistry.com/hes/OR10239355]

Listing Status:: Active
Date Added:: June 26, 2025 at 05:00AM
Listing Office:: Windermere Realty Trust : 503-284-7755
Listing Agent:: Douglas Meyer : 503-314-9210
MLS ID:: 227097331

General: High ceilingsHigh speed internetWasher dryerWood floors
Appliances: DishwasherFree standing rangeFree standing refrigeratorGas appliancesIslandPantry
Basement: FinishedUnfinished
A/C: Exhaust fan
Heating: Forced air
Fireplace: Fireplaces: 0
Eco/Green Feature: Insulationand ceiling insulation

This listing courtesy of Douglas Meyer, Windermere Realty Trust

Monthly Payment

$Est. Payment

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

Ready to Start a VA Loan?

Get Started

NMLS #1907 ^†

Get Prequalified »

Interest rates used in the VA mortgage calculator are shown for illustrative purposes only. Your rate may differ based on a variety of factors, including your credit score and the current market conditions. To get your personalized interest rate, start your quote online.

Location

Schools Nearby

Boise-Eliot / Humboldt Elementary School

620 N Fremont St, Portland, OR, 97227

Grades PK-5

0.38 miles away

Harriet Tubman Middle School

2231 N Flint Ave, Portland, OR, 97227

Grades 6-8

1.02 miles away

Jefferson High School

5210 N Kerby Ave, Portland, OR, 97217

Grades 9-12

0.58 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.