4535 SW LAURELWOOD AVE, Portland, OR 97225

$655,000
3
BD
2
BA
2,126
SqFt

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Sold Price
$655,000
List Price
$709,000
Closing Date
Aug 20, 2026
Days on Market
119
Status
SOLD
MLS#
407767518
Bedrooms
3
Bathrooms
2
Living Area
2,126
Lot Size
10, 000 to 14, 999 SqFt
Region
Portland NW/ SW/ S, Raleigh Hills

Property Description

ASSUMABLE 4.05% VA LOAN AVAILABLE! Buyers do NOT need to be veterans to potentially assume this low-interest loan, subject to lender approval and qualification. In today’s market, this unique financing opportunity could provide significant monthly savings for qualified buyers.Rare Commercial General (CG) opportunity in highly sought-after Raleigh Hills, located in desirable Washington County! This unique property offers exceptional flexibility for residential living, an owner-user, live/work setup, boutique office, wellness practice, professional services, or investment opportunity (buyer to verify permitted uses).Situated on a spacious .32-acre lot, this charming bungalow-style property features 3 bedrooms, 2 bathrooms, and a versatile floor plan designed to adapt to a variety of needs. The finished lower level offers excellent potential for a private office, client-facing workspace, guest quarters, multigenerational living, bonus room, or future kitchenette potential.Enjoy abundant off-street parking, including a large driveway with potential RV, boat, trailer, or equipment parking. A detached garage with covered parking adds even more convenience and functionality.Ideally located just minutes from shopping, dining, parks, downtown Portland, major commuter routes, Nike, Intel, and many of Washington County’s largest employers, this property offers an exceptional combination of location, flexibility, and opportunity.Properties offering Commercial General zoning, residential flexibility, a large lot, abundant parking, and an assumable 4.05% loan are exceptionally rare. Whether you’re looking to live, work, invest, or create something unique, this property presents possibilities that are difficult to find in today’s market.Don’t miss this rare opportunity to secure a flexible-use property in one of Washington County’s most desirable locations while potentially taking advantage of an assumable 4.05% VA loan available to qualified buyers.

Additional Information

Tax Amount
$4,548
Year Built
1942
High School
Beaverton
Elementary School
Raleigh Park
Middle School
Whitford
Fireplaces Total
2
Garage Spaces
1
Garage Type
Converted, Detached
Acres
0.32
Living Area
2,126
Stories
2
Property Type
Single Family Residence
Terms
Assumable, Cash, Conventional, FHA, VA Loan
Accessibility Features
Main Floor Bedroom w/Bath
Master Bedroom Level
Main
Cooling Description
Central Air
Fireplace Description
Gas
Fuel Description
Gas
Heating Description
Forced Air
Hot Water Description
Gas
Exterior Description
Lap Siding
Roof Type
Composition
Sewer Description
Public Sewer
Style
Bungalow, Traditional
Parking
Driveway, RV Access/Parking
Security Or Entry
Security Gate
Parking Description
Driveway, RV Access/Parking
Road Surface
Paved
Exterior Features
Deck, Fenced, Porch, Public Road, RV Parking, Yard
Interior Features
Garage Door Opener, Granite, Laundry, Tile Floor, Wall to Wall Carpet, Washer/Dryer, Wood Floors
Kitchen Appliances
Butler's Pantry, Dishwasher, Disposal, Free-Standing Range, Free-Standing Refrigerator, Granite, Microwave, Plumbed For Ice Maker, Stainless Steel Appliance(s), Tile

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Listing courtesy of eXp Realty, LLC. Selling Office: Vantage Point Brokers, LLC.

The content relating to real estate for sale on this site comes in part from the IDX program of the RMLS of Portland, Oregon. Real Estate listings held by brokerage firms other than this firm are marked with the RMLS logo, and detailed information about these properties include the name of the listing's broker. Listing content is copyright © 2026 RMLS of Portland, Oregon. All information provided is deemed reliable but is not guaranteed and should be independently verified. This content last updated on . Some properties which appear for sale on this web site may subsequently have sold or may no longer be available.