4036 NE SENATE ST

Portland, OR 97232

Rare Opportunity in Coveted Laurelhurst – Two Homes for the Price of One! This exceptional 1915 home offers a spacious four bed/1.5 bath main residence plus a stunning two-story permitted ADU with one bedroom and 1.5 baths. The modern 2017 attached ADU has vaulted ceilings, skylights, gas fireplace, loft (previously used as office or a second bedroom), balcony and complete separate utilities. Perfect for multi-generational living, blended family, or an income stream! The permitted ADU has a history of renting for $2,500/month long term, or $5,000+/month short term. Enjoy the lucrative income generation! The main home sits proudly above the road with an enclosed front porch keeping both residences peaceful and quiet. Enjoy a 5-minute walk to MAX, Trader Joe’s, Whole Foods, Hollywood Farmers Market, New Seasons, Hollywood Theater, 24 Hour Fitness, and more. Street level garage, separate basement entrance and large shed are valuable storage options for both residences. Laurelhurst K-8, Grant High School, close to Central Catholic. Walk and bike score of 94. This is truly a unique opportunity in one of Portland’s most desirable neighborhoods! Open Saturday & Sunday 11am-1pm. [Home Energy Score = 3. HES Report at https://rpt.greenbuildingregistry.com/hes/OR10239762]

Listing courtesy of Andrew Galler CRS of Realty Works Group 5039751829



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Last checked 2025-08-10 04:40 PM PDT.

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