Offered for the first time in over 40 years, this well-loved Parkrose home sits proudly on a beautifully landscaped 0.18-acre corner lot. With 2,184 square feet of living space, this 3-bedroom, 3-bathroom home has incredible bones, timeless features, and flexible living potential. Inside, you'll find hardwood floors throughout the main level (also under the carpet in all bedrooms), a classic corner fireplace, and abundant natural light. The kitchen has been tastefully updated with quartz countertops and an under-mount stainless steel sink, while original wood-framed windows on the main level add charm. Other windows have been updated to energy-efficient vinyl.The daylight basement is full of potential, featuring a bright studio space that could function as a 4th bedroom with proper egress, a workshop, and ample storage. A separate exterior entrance makes this a perfect candidate for multi-generational living, rental potential, or home studio. The outdoor space is truly special, with mature apple and maple trees, a fully fenced yard, a 14x11 raised deck for entertaining, and a greenhouse tucked along the east side. The 480 SF two-car garage includes additional overhead storage and plenty of room for tools or hobby gear. With solid mechanicals, thoughtful updates, and the kind of craftsmanship you only find in older homes, this property is ready to shine for its next chapter. Just four blocks from Russell Elementary and near parks, transit, and shopping—this is a rare opportunity in a quiet established neighborhood. [Home Energy Score = 3. HES Report at https://rpt.greenbuildingregistry.com/hes/OR10240011]