Positioned in a convenient Milwaukie location close to shopping, parks, restaurants, transit, and everyday amenities, this property sits on a generous lot with territorial views and features a daylight basement ADU with its own separate exterior entrance, creating outstanding rental INCOME potential. The kitchen is both warm and functional, featuring rich cherry hardwood floors, granite countertops, stainless steel appliances, and an efficient layout that flows seamlessly into the main living areas. Expansive windows fill the home with natural light, while the bright 13×8 sunroom provides additional flexible living space and a perfect spot to enjoy the views year-round. Step outside to the spacious 20×14 back deck with a gas firepit, ideal for relaxing or entertaining. The fully fenced, low-maintenance yard offers room for pets, gardening, and outdoor enjoyment, along with a unique dog spa featuring instant hot water for convenient pet care. Major updates include a 50-year Presidential roof installed in 2022, new vinyl windows throughout in 2023, and an electrical panel wired for generator backup, allowing for a seamless transition to backup power during outages. The daylight basement studio apartment includes a full bath and separate entrance, offering excellent potential for long-term rental income, short-term rental opportunities, or private guest accommodations. A true standout feature is the MASSIVE 40×20 high-ceiling SHOP attached to the oversized two-car garage. Complete with a 13-foot door and additional RV parking, this one-of-a-kind space is ideal for hobbyists, business owners, collectors, equipment storage, recreational vehicles, or large-scale projects. Rare Milwaukie property with income potential, an incredible shop, and unmatched versatility!