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4005 NE Hassalo St, Portland, OR 97232 — photograph 1

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4005 NE Hassalo St, Portland, OR 97232 — photograph 1
7 Beds5 Baths4,096 sqft

4005 NE Hassalo St, Portland

$1,600,000

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PendingMLS®: 260140557Listing held by another brokerage, marked RMLS
Price per sqft
$390.63
Built in
1927
Property size
4,096 sqft
Lot size
5,227 sqft
Property type
Residential
Days on market
125

Overview

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]

Details

Interior

Interior features
Ceiling Fan, Concrete Floor, Engineered Hardwood, Garage Door Opener, Hardwood Floors, Laundry, Luxury Vinyl Plank, Tile Floor, Vaulted Ceiling, Wall to Wall Carpet, Washer / Dryer
Appliances
Dishwasher, Disposal, Free Standing Gas Range, Gas Appliances, Microwave, Pantry, Plumbed For Ice Maker, Solid Surface Countertop, Stainless Steel Appliance, Tile
Fireplace
Yes
Fireplaces
3
Fireplace description
Gas, Pellet Stove, Wood Burning
Cooling
Yes
Cooling description
Central Air
Heating
Yes
Heating description
Forced Air
Windows
Double Pane Windows, Wood Frames

Exterior and lot

Lot size
5,227 sqft
Exterior features
Accessory Dwelling Unit, Covered Deck, Deck, Fenced, Fire Pit, Free Standing Hot Tub, Porch, Water Feature, Yard
Lot features
Level
Architectural style
Craftsman
Roof
Composition
View
No

Utilities

Sewer
Public Sewer
Water source
Public Water

Parking

Garage spaces
1
Parking
Driveway, On Street
Total parking
1

Schools

High school
Grant
Middle school
Laurelhurst
Elementary school
Laurelhurst

Location

City
Portland
County
Multnomah
Subdivision
LAURELHURST

Taxes and dues

Annual taxes
$12,904 (2025)

Location

4005 NE Hassalo St, Portland, OR 97232

Map showing the location of 4005 NE Hassalo St, Portland, OR 97232
© Mapbox © OpenStreetMap

Monthly payment estimate

$9,591 /mo

20% · $320,000
7.00%
Principal and interest
$8,516
Property tax (2025)
$1,075
Total
$9,591

Estimate only, and not an offer of credit. Assumes 20% down ($320,000) and a 30-year fixed rate at 7.00%. Property tax is the assessed annual amount from the listing, divided by twelve. Rates change daily. Insurance and mortgage insurance are not included. Speak to a lender for terms that apply to you.

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