Endless possibilities with this rare Portland property—a thoughtfully restored 1915 bungalow on a quiet 0.38-acre site spanning two separate R7-zoned tax lots. The 3 bedroom, 2.5 bathroom home blends vintage charm with modern comfort, featuring original hardwood floors, picture windows, and carefully preserved architectural details alongside all-new major systems and updated appliances. Designer tiles, quartz counters, new carpeting, covered back patio, and fresh interior and exterior paint complete the move-in-ready feel. With the extra lot, you can enjoy the flexibility to expand your lifestyle, investment portfolio, or both! The zoning and space allow for a wide range of possibilities—add an ADU, build a second home, develop for future income, create a garden retreat or sports court, park your RV, or design something entirely your own. Located in a quiet, tree-lined neighborhood with a peaceful atmosphere and natural surroundings, this combined property offers the rare combination of a fully finished home and a buildable lot in one of Portland’s most desirable neighborhoods. The home and lot are also listed separately, but are priced more attractively when purchased together.