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Data Last Updated: 06/09/2026 20:03 PT
$724,900
Send a tour request for 4535 SW LAURELWOOD AVE, Portland, OR, 97225.
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This home sits in Portland. The home was built in 1942, set into the rhythm of the neighborhood.
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.
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