4005 NE HASSALO ST, Portland, OR 97232 | Realty ONE Group

4005 NE HASSALO ST, Portland, OR 97232

  • Pending
  • Price Reduced$150,000

 $1,600,000

  • 7 BedroomBedrooms
  • 5 BathroomBathrooms
  • 4,096 Sq.Ft.
  • Single Family
  • Pending
  • MLS# 260140557
  • Sold On
  • Rental
0 More Schedule
Source MLS Verified

PROPERTY DESCRIPTION

A Laurelhurst landmark, reborn for a modern lifestyle - complete with a permitted guest house boasting a 5-star, 5+ year track record as a top-performing short-term rental. This five-bedroom, four-bath dwelling was the subject of an uncompromising restoration by a master craftsman who knew it as his childhood home - a labor of love measured in detail and design excellence. For materials, beauty follows function at every turn: all new hand-stained aluminum clad double-paned windows, real wood trim (no MDF!), solid-core knotty alder doors, soapstone kitchen counters, Carrara marble surfaces, heated bathroom floors and vaulted cedar tongue-and-groove ceilings in both houses. Consider the methods: taken to the studs inside and out, fully insulated between rooms for climate & sound, seismically reinforced to the foundation, and rebuilt with new plumbing, electrical, furnace, & central air. All with the quiet flourishes, such as the original fireplace tile crafted by a celebrated local artist, bridging the home's storied past to its boundless future. Beyond the main residence, the permitted 2008-built guest house lives like a private treehouse retreat: a two-bedroom, one-bath open-concept with a full kitchen, vaulted cedar ceilings, skylights, a hot tub, fire pit, and hammock - a small-scale masterpiece with a loyal roster of repeat guests offering turnkey income potential. A separate studio off the garage provides a work from home dream. All of it rests on one of Portland's most desired streets, where mature trees, gilded landmarks and timeless architecture set a standard to which the rest of the city continues to aspire. Restorations of this caliber meticulous in design, generous in amenities, rich in history - rarely come to market in Laurelhurst. Come see what a lifetime of care looks like and find yourself at home. [Home Energy Score = 5. HES Report at https://rpt.greenbuildingregistry.com/hes/OR10245893]

Property Details

General

  • Subdivision: LAURELHURST
  • Area: 142 - Portland Northeast
  • County: Multnomah
  • Style: Craftsman
  • Beds: 7
  • Full Bathrooms: 5
  • Year Built: 1927
  • Sq. Ft.: 4,096
  • Lot Size: 0.1200
  • Lot Description: Level
  • Garage/Parking Spaces: 1.00
  • Garage Description: Detached

Interior Features

  • Interior Features: Ceiling Fan(s), Concrete Floor, Engineered Hardwood, Garage Door Opener, Hardwood Floors, Laundry, Luxury Vinyl Plank, Tile Floor, Vaulted Ceiling(s), Wall to Wall Carpet, Washer/Dryer

Schools

  • Elementary: Laurelhurst
  • Middle: Laurelhurst
  • High: Grant

Financial Considerations

  • Tax Amount: $12,904
  • Tax Year: 2025

Activity

  • Days On Market: 125
  • List Date: 06/20/2026
 

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