Here's a chance to get into Arbor Lodge and build real equity with some sweat and TLC. This single-level 1948 home sits on a 5,000 sqft R5 lot on a quiet, established North Portland street. Shops and restaurants are within walking distance, Peninsula Park is just blocks away, and you've got quick access to I-5. It's the kind of neighborhood made for evening walks under those golden Northwest sunsets. It needs work, but the bones are here and worth the effort. Original oak hardwood floors run through the living room, dining room, and bedrooms. The dining room has a built-in mahogany buffet and hutch, and the living room keeps its original tiled fireplace. The kitchen and baths are ready for your finishes.The full basement adds a lot of the upside. It has both interior and exterior entry plus existing utility plumbing already in place, which makes it a strong candidate for expanded living space or an ADU down the road. Buyer to verify any ADU plans with the City of Portland. The attached garage has direct access from the basement and from the side of the home, and out back there's a large gated concrete parking area with room for a shop, RV, or boat.Bring your contractor and your vision. With a little love this one has all the makings of a special home, and houses with this much original character, on a lot like this, in this part of town, don't sit around long. Easy to show.