Rare, single-level ranch in highly-desirable Laurelhurst! Whether you're downsizing, just getting started, or looking to add to your investment portfolio, this home provides all the benefits of a premier Portland neighborhood without the prohibitive entry price or exorbitant maintenance costs of the typical Laurelhurst home. So many updates to the systems and finishes have already been completed for you: newer siding, plumbing, double-paned windows (quiet inside!) electrical, flooring, tilework, and paint. Perched up and away from the street for maximum privacy, this move-in-ready home has a bright and cheerful living room with a wood-burning fireplace and newer wood floors. A cozy dining area has sliding doors to a spacious and quiet covered patio for year-round indoor/outdoor dining. The stylishly-updated kitchen has marble countertops and stainless steel appliances plus direct access to a laundry room and an attached, oversized garage. The comfortable primary suite has a dedicated half-bath and a double closet with built-ins. A second bedroom, a work-from-home office, and a tastefully-updated full bathroom complete the one-level package. The fully-fenced backyard has an expansive lawn, multiple veggie and flower beds, & a large detached studio/workshop for all of your creative endeavors. Conveniently located mere blocks to highly-rated Laurelhurst Elementary and All Saints School, gorgeous Laurelhurst Park, the bustling Hollywood District, Providence Hospital, Whole Foods, and so much more. Easy travel times via car, MAX, bike and foot to all points Portland! [Home Energy Score = 1. HES Report at https://rpt.greenbuildingregistry.com/hes/OR10199973]
Adorable ranch home nestled in desirable Laurelhurst. Steps from Laurelhurst Elementary. Home features new siding, new plumbing, updated electrical, new LVP, new carpet, new tile with fresh paint inside & out. Primary suite w/ wall to wall carpet & dedicated half bath. Stylish kitchen has new concrete countertops w/ black stainless appliances (fridge included). Wood burning fireplace. Gorgeous, fully fenced back yard with covered patio & recently built large storage shed. Truly a must see! [Home Energy Score = 1. HES Report at https://rpt.greenbuildingregistry.com/hes/OR10199973]
Public Records
Jul 6, 2016
Sold
$443,779
$377/sq ft
RMLS #16212929
Jul 6, 2016
Sold
$443,780
$377/sq ft
Jun 16, 2016
Pending
—
Jun 2, 2016
Listed
$470,000
$399/sq ft
OPEN SUNDAY, 6/12 FROM 1:00-3:00. On the market for the first time since the 1970s, this ranch has been well cared-for and is move-in ready. The inside features laminate flooring and new cabinets in the kitchen, while the backyard provides a private escape. With its covered patio, garden and mature fruit trees, you will never know you are just a couple miles from downtown Portland.
Year
Property tax
Land + Additions
Assessment*
2025
$7,381 (+3.7%)
2024
$7,116 (+9.3%)
2023
$6,512 (+2.2%)
2022
$6,371 (+15.7%)
2021
$5,505 (+9.0%)
2020
$5,050 (+3.8%)
2019
$4,864 (−9.4%)
2018
$5,372 (+4.3%)
2017
$5,148 (+13.4%)
2016
$4,539 (+2.7%)
2015
$4,420 (+1.5%)
2014
$4,354 (+2.4%)
2013
$4,253 (+10.5%)
2012
$3,847 (+3.9%)
2011
$3,703 (+5.4%)
2010
$3,513 (+2.7%)
2009
$3,421
Tax history for 4038 NE Multnomah St
Year
Property tax
Land + Additions
Assessment*
2025
$7,381 (+3.7%)
2024
$7,116 (+9.3%)
2023
$6,512 (+2.2%)
2022
$6,371 (+15.7%)
2021
$5,505 (+9.0%)
2020
$5,050 (+3.8%)
2019
$4,864 (−9.4%)
2018
$5,372 (+4.3%)
2017
$5,148 (+13.4%)
2016
$4,539 (+2.7%)
2015
$4,420 (+1.5%)
2014
$4,354 (+2.4%)
2013
$4,253 (+10.5%)
2012
$3,847 (+3.9%)
2011
$3,703 (+5.4%)
2010
$3,513 (+2.7%)
2009
$3,421
*Taxable value of land and structures on it ("additions") is determined regularly by local assessors and does not affect market price.
Public record
Public record
Zoning
Permits
Beds
3
Baths
1.5
Stories
1
Lot width
—
Lot depth
—
Lot size
6,497 Sq. Ft.
Year renovated
1973
Sq. Ft.
1,163
Year built
1973
Style
Single Family Residential
County
Multnomah County
APN
R203188
Parking Spaces
—
Basement
—
Accessible
—
HOA Dues
—
Garage
—
Features
—
Last updated by owner on Jul 15, 2026.
R5
Residential 5,000 zone
The single-dwelling zones are intended to preserve land for housing and to provide housing opportunities for individual households. The zones implement the comprehensive plan policies and designations for single-dwelling housing and provide options for infill housing that is compatible with the scale of the single-dwelling neighborhood.
Permitted uses
Include but are not limited to:
Housing-Single unit
Housing-Multiple units
Housing-Senior
Oct 30, 2025 • Active
Electrical
Remove and replace an electrical service panel.
Electrical
Permit history is from public records and may be incomplete or inaccurate. Redfin and its agents make no representations about the property condition or permit status. Buyers should independently verify all information.