MULTNOMAH VILLAGE LIVING WITH A PROVEN ADU OPPORTUNITY. Rarely does a home offer this combination of timeless Portland character, an exceptional Multnomah Village location, and a separate ADU with an established rental history. Just one block from the shops, restaurants, cafés, and neighborhood energy of Multnomah Village, 3530 SW Falcon is a special opportunity for homeowners, investors, and anyone looking for flexibility in how they live and use their property.The charming 1913 bungalow welcomes you with classic architectural details including beautiful hardwood floors, boxed-beam ceilings, built-ins, and a cozy fireplace. The main home offers 2 bedrooms and 2 bathrooms, with inviting living spaces that retain the warmth and character that make older Portland homes so desirable.And then there's the ADU—a significant added value and one of the property's defining features. Completely separate from the main residence, the ADU includes its own kitchen and bathroom and has been successfully used as an Airbnb for years. Whether continued as a short-term rental where permitted, offered as a longer-term rental, used for guests or family, or transformed into a private workspace, the ADU provides an unusual level of flexibility and opportunity.Outside, the property offers a private setting with a patio for morning coffee, outdoor dining, or entertaining friends. An attached one-car garage and additional off-street parking add practical convenience.Best of all, you're one block from Multnomah Village—close enough to get coffee, dinner, groceries, shopping, and everything that gives this neighborhood its distinctive community feel, while still enjoying the privacy of your own residential retreat.Home Energy Score = 6. HES Report at https://us.greenbuildingregistry.com/green-homes/OR10252009