Preserve the charm of this existing home while making it your own! Renovation is currently underway, and pricing is subject to change as improvements are completed. Act now to personalize your finishes while there's still time. Depending on the final price point, upgrade options may include new kitchen cabinetry, quartz, a remodeled main-level bathroom, a brand-new upper-level bathroom with laundry, and additional custom enhancements. Situated in one of Portland's most sought-after neighborhoods, this property offers exceptional walkability just blocks from the vibrant Montavilla district, featuring popular restaurants, cafés, boutiques, and local shopping. Set on a 64' x 105' corner R5-zoned lot with alley access, this is a rare opportunity with outstanding flexibility for homeowners, investors, or developers. Endless possibilities for renovation, expansion, the addition of accessory dwelling units (buyer to verify), or future redevelopment. With strong upside potential, a highly desirable location, and valuable development opportunities, this is an investment that is becoming increasingly difficult to find in Portland. Buyer to verify square footage of home (subject to change with renovation ) and all development potential with the City. Sale is subject to successful PLA.