4535 Sw LAURELWOOD Ave, Portland, OR 97225

• 3 beds |
• 2 baths |
• 3,177 sqft

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 30, 2026 at 4:41PM

Listing Office:

eXp Realty, LLC : 888-814-9613

Listing Agent:

Sherry Hawkins : 503-750-1104

MLS ID:

407767518

Interior

• 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

Exterior

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

Construction

• Roofing: Composition
• Windows: DoublePaneWindowsVinylFrames
• General: Concrete perimeter

Location

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

Lot

• Zoning: Comm/ReACRES 0.32R97460

Utilities

• Water: Public water
• Sewer: Public sewer

Financial

• Source: Regional Multiple Listing ServiceInc.