A rare opportunity offering exceptional space, flexibility and two distinct living areas on an oversized 0.17-acre lot in Northeast Portland. Thoughtfully arranged for privacy and versatility, this unique property is ideal for multigenerational living, extended family or the opportunity to live in one space while renting the other to help offset the monthly mortgage.The 3 bedroom, 2 bath residence features new carpet, a spacious primary bedroom and an inviting great room with a wet bar. The well-designed layout opens to a private backyard with a patio, creating a comfortable setting for outdoor dining, entertaining or relaxing.The separate 2-bedroom, 1-bath living area offers an updated kitchen and bathroom, luxury vinyl flooring throughout and a multi-zone mini-split system for year-round comfort. A private wood deck extends the living space outdoors and provides another peaceful place to unwind.Beautiful mature landscaping enhances the front yard and complements the home’s welcoming covered porch. Additional features include a newer roof, a storage shed and a small garage offering valuable space for tools, hobbies and seasonal belongings.With approximately 3,237 square feet of total space, including a partially finished basement, this distinctive property combines character, functionality and income producing potential in a convenient Portland location near shopping, restaurants, transit and major commuter routes. Don't let your buyers miss out on this one!