This one-of-a-kind home offers multiple paths for long-term value.Tucked away in an established Portland neighborhood, the property features a functional layout, a generous lot, and mature landscaping—making it an ideal option for first-time buyers looking to build equity, investors seeking long-term rental potential, or those ready to right-size with true main-level living for their next chapter. The home provides a solid foundation with room to personalize, update, or enhance over time.The main floor offers true one-level living with beautifully maintained, gleaming hardwood floors and a comfortable, functional layout. The kitchen features abundant cabinetry and an eat-bar, perfect for everyday living and entertaining. The light-filled living room is anchored by a cozy gas fireplace and an oversized slider that opens to a covered outdoor patio, extending the living space and inviting the outdoors in. The primary bedroom also features a slider to a private patio, creating a peaceful retreat that can be enjoyed year-round with seamless indoor-outdoor flow.The fully finished basement apartment with a separate entrance with separate laundry and full kitchen adds exceptional flexibility and may support multi-generational living, a home office, a gym, or future rental possibilities, subject to buyer verification and due diligence. Combined with the lot size and configuration—which may allow for future expansion or an ADU (buyer to verify)—this home presents multiple paths forward. Basement bedrooms non-conforming buyer to perform their own due diligence regarding zoning, rents, and permitted uses.Beyond its versatility, the home offers everyday convenience with close proximity to John Luby Park, Rocky Butte, neighborhood favorites like Starbucks and Black Rock Coffee, shopping and easy access to major commuter routes. Click the virtual tour link for a 3D home tour and floorplan! [Home Energy Score = 2. HES Report at https://rpt.greenbuildingregistry.com/hes/OR10243278]