Skip to main content
Back to Search Results
|

4042 N Michigan Ave, Portland, OR 97227

Show All 43 Photos
For Sale

$637,000

5 beds • 2 baths • 2,690 sqft

Estimated Payment

$      /mo. †

APR for 30 years

Change Loan Terms

  • Single Family Detached
    Property type

  • $236.80
    Price per square foot

  • Over 50 Years Old
    Age

  • Basement
    Rooms

Explore this Property

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 a historic neighborhood or an investment property with an incredible upside as a short term rental. Walk Score of 90 and Bike Score of 98! Open house July 27th, 11am-1pm. [Home Energy Score = 1. HES Report at https://rpt.greenbuildingregistry.com/hes/OR10239355]
MLS# 227097331

Courtesy Of Windermere Realty Trust

(503) 284-7755

Open Houses

July

27

Sunday

In Person

Sunday, July 27, 2025

11:00AM - 1:00PM

Property Features

  • Age
    Over 50 Years Old
  • Amenities
    Deck, Porch
  • Appliances
    Dishwasher, Range, Refrigerator, Washer
  • Architecture Style
    Victorian
  • Exterior Type
    Wood Siding
  • Heating System
    Forced Air
  • Lot Size
    0.09 Acres
  • Rooms
    Basement

Map and Directions

Directions to 4042 N Michigan Ave, Portland, OR 97227

Home seller CENTURY 21 North Homes Realty

Get to know the neighborhood. A local affiliated CENTURY 21 office will help you set up tours, give advice, and negotiate with sellers.

CENTURY 21 North Homes Realty

(503) 652-2260
Learn More About Us

Mortgage Calculator

$
$ %
Loan Term
%
Invalid number

$ /year
$ /year
$ /month

Monthly Payment Breakdown

  • Principle and Interest
    $0
  • Property Taxes
    $0
  • Hazard Insurance
    $0
  • Private Mortgage Insurance
    $0
  • HOA Dues
    $0
  • Total Monthly Payment:
    $0

Calculators provided for estimating purposes only. Consult with your lender to determine precise payment requirements.

An Equal Opportunity Company

Copyright © 2025 Regional Multiple Listing Services. All rights reserved. All information provided by the listing agent/broker is deemed reliable but is not guaranteed and should be independently verified. Information being provided is for consumers' personal, non-commercial use and may not be used for any purpose other than to identify prospective properties consumers may be interested in purchasing. Information being provided is for consumers' personal, non-commercial use and may not be used for any purpose other than to identify prospective properties consumers may be interested in purchasing.

Data powered by Attom Data Solutions. Copyright© 2025. Information deemed reliable but not guaranteed.

This information is provided for general informational purposes only and should not be relied on in making any home-buying decisions. School information does not guarantee enrollment. Contact a local real estate professional or the school district(s) for current information on schools. This information is not intended for use in determining a person's eligibility to attend a school or to use or benefit from other city, town or local services.

† Based on a 30-year fixed rate of 3.38% with 20% down. The estimated payment is offered for convenience and is not an offer of credit. Due to market fluctuations, interest rates are subject to change at any time and without notice. Interest rates are also subject to credit and property approval based on secondary market guidelines. The rates shown are based on average rates for our best qualified customers. Your individual rate may vary. Rates may differ for FHA, VA or jumbo loans.

Loading