
Photograph 1 of 48
4005 NE Hassalo St, Portland
$1,600,000
Save- 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

Monthly payment estimate
$9,591 /mo
- 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.





















































