506 Ne LAWRENCE Ave, Portland, OR 97232

$475,000 Asking Price

2 beds
2 baths
1,136  sqft
Built in 1997

Live in the heart of one of Portland's most vibrant neighborhoods! This urban townhouse offers a unique blend of comfort, convenience, and opportunity. The bright, open living space is designed for modern living. Skylights flood the area with natural light, while a cozy gas fireplace and golden Bamboo floors add warmth and ambiance. The living room extends seamlessly to a private balcony, offering the perfect spot to relax or enjoy a morning coffee in the city’s dynamic atmosphere.This home is ideal for both personal living and professional use, thanks to its flexible zoning and thoughtful layout. The two well-separated master bedroom suites provide privacy and comfort, making the property suitable for roommates, guests, or a live/work setup. The lower-level suite includes access to a secluded back deck, creating a peaceful retreat amidst the urban buzz. Practical features abound, including ample storage space and private parking - the attached garage is an exciting find in this location! Additionally, the absence of HOA fees makes this an attractive option for homeowners and investors alike. Whether you're entertaining guests in the open-concept living area or enjoying a quiet evening on the deck, this townhouse offers a harmonious blend of style and functionality. Seller to provide an allowance for carpet and/or appliance replacement! This is a fantastic investment opportunity and a welcoming home in the heart of the city. Don't miss the chance to experience the best of Portland right outside your door with some of the city’s finest restaurants, lively entertainment, and cultural attractions within blocks. This home embodies the ultimate urban lifestyle! You will love living here! [Home Energy Score = 8. HES Report at https://rpt.greenbuildingregistry.com/hes/OR10235128]

Features & Amenities

Interior

General:
Bamboo floor, Garage door opener, High ceilings, Skylight, Vaulted ceiling, Wallto wall carpet, Washer dryer
Appliances:
Dishwasher, Disposal, Free standing range, Free standing refrigerator, Pantry, Plumbed for ice maker, Stainless steel appliance, Tile
A/C:
Air conditioning ready
Heating:
Forced air
Fireplace:
Gas, Fireplace, Fireplaces: 1

Exterior

General:
Cement siding, T 111 siding
Style:
Townhouse
Parking:
Parking spaces: 1

Construction

Roofing:
Composition
Windows:
DoublePaneWindows,VinylFrames
General:
Concrete perimeter

Location

Road/Access:
Paved
Originating MLS:
Regional Multiple Listing Service, Inc.
County:
Multnomah

Lot

Zoning:
CM2, PARTITION PLAT 1996-6, LOT 3, R238976

Utilities

Water:
Public water
Sewer:
Public sewer

Financial

Source:
Regional Multiple Listing Service, Inc.

This listing courtesy of:
Think Real Estate, Tom Cotter

About Portland, OR

Housing

Number of Units
428,822
Median Home Value
$473,531
Median Rent
$1,251

43.72% of housing units are renter occupied.

5.89% are vacant.

Commute

Car
46.63%
Public Transportation
6.64%
Walk to Work
3.11%
Work from Home
40.47%
Other
0.60%

The median travel time to work is 17 minutes.

People

Population
933,432
Median Age
38.50
Median Household Size
2.55

Education

High School
15.24%
Associate’s Degree
6.78%
Bachelor’s Degree
30.17%
Graduate Degree
20.64%

Disclaimer: Community and Demographic information uses data from the U.S. Census Bureau but is not endorsed or certified by the Census Bureau.

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