This 1940 home is unique in floorplan and function, and offers the opportunity for upside improvements. It is a single family home with the option to easily have 2 separate living areas:extended family, occasional guest suite, a short term rental, or possibly a full time income producing ADU. 2 bedrooms and a full bath are 4 steps up from main level. Birdseye Maple floors, ready for refinishing, are throughout the main level. Corner windows with well thought out placement create bright rooms with lots of space for furniture and wall decor.The kitchen has been updated with white cabinetry and laminate countertops and engineered flooring. White appliances, and a corner banquette with adjacent built-in cabinetry create a comfortable eating area. The main level office is cozy with paneling reclaimed from The Portland Hotel in downtown Portland, and is located next to a half bath. A large laundry area with nice windows and lots of storage complete the main level. The stairway to the lower level can be accessed from the main floor (with locking door) or from an exterior door. The "apartment" kitchen has all appliances, a walk-in pantry plus a washer and dryer. Both the large "family room",and a bedroom access a covered deck. A smaller room that could be hobby, office, or den area and a full bathroom with shower complete the lower level. The yard can also be accessed from this lower level. The front entrance has a lovely water feature garden, and raised beds. A huge deck with large tropical pond & waterfall, plus a large lounging area is a perfect spot for relaxing and entertaining. And if you have thought about the benefit of fresh eggs, the chicken coop is ready for a new brood! A few blocks away, you will find Alameda ES, Beaumont MS, Grant HS, Wilshire and Grant Parks, Beaumont Village,Fremont Center at 15th . A better location is hard to find! [Home Energy Score = 1. HES Report at https://rpt.greenbuildingregistry.com/hes/OR10237416]