$637,000

4042 N MICHIGAN Ave, Portland, OR 97227

  • 5 beds |
  • 2 baths |
  • 2,690 sqft
  • Property Icon Single-Family Home
  • Property Year Built Icon Built in 1900
  • Property Lot Size Icon3,920sqft lot
  • Property Parking Icon —— car garage
  • Property Price Per Square Feet Icon $237/sqft
  • Property List Date Icon 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 $

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Location

Schools Nearby

B

Boise-Eliot / Humboldt Elementary School

620 N Fremont St, Portland, OR, 97227

Grades PK-5

0.38 miles away

H

Harriet Tubman Middle School

2231 N Flint Ave, Portland, OR, 97227

Grades 6-8

1.02 miles away

J

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.

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