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4042 N Michigan Ave, 
Portland, OR 97227

$637,000


5

Beds


2

Baths


2,690

Sq Ft


Single Family

Active

Listed by

Douglas Meyer

Windermere Realty Trust

503-284-7755

Last updated:

June 28, 2025, 11:16 AM

MLS#

227097331

Source:

PORTLAND

About This Home

4042 N Michigan Ave

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 an Old Portland neighborhood or an investment property with an incredible upside as a short term rental. Set up a private showing or attend an Open House on Sat 6/28 from 12-2 or Sun 6/29 from 11-1 [Home Energy Score = 1. HES Report at https://rpt.greenbuildingregistry.com/hes/OR10239355]

Home Facts

Single Family

2 Baths

5 Bedrooms

Built in 1900

Price Summary

637,000

$236 per Sq. Ft.

MLS #:

227097331

Last Updated:

June 28, 2025, 11:16 AM

Added:

3 day(s) ago


Rooms & Interior

Bedrooms

Total Bedrooms:

5

Bathrooms

Total Bathrooms:

2

Full Bathrooms:

2

Interior

Living Area:

2,690 Sq. Ft.


Structure

Structure

Architectural Style:

Victorian

Building Area:

2,690 Sq. Ft.

Year Built:

1900


Lot

Lot Size (Sq. Ft):

3,920


Finances & Disclosures

Finances

Price:

$637,000

Price per Sq. Ft:

$236 per Sq. Ft.

MLS Logo
All information provided is deemed reliable but is not guaranteed and should be independently verified. The content relating to real estate for sale on this web site comes in part from the IDX program of the RMLS of Portland Oregon. Real estate listings held by brokerage firms other than Coldwell Banker Mountain West Real Estate, Inc. are marked with the RMLS logo and detailed information about these properties includes the names of the listing brokers. Copyright 2025 RMLS, Portland, Oregon. Last updated: June 28, 2025
See this home in person
4042 N Michigan Ave
Attend an upcoming open house
Sun, Jun 29
11:00 PM01:00 PM

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