Rare opportunity in John's Landing. Two homes on one tax lot offering flexibility for multigenerational living, income potential, or future Multi-Family Development. The main residence on SW Vermont St is a showcase of modern light and space with soaring 20+ ft ceilings, floor-to-ceiling windows, and an open kitchen featuring a center island and sleek white cabinetry. The main level primary suite provides comfort and privacy. Upstairs, two spacious bedrooms each enjoy ensuite baths, while the top floor offers a versatile bonus room and seating area that opens to a spectacular east-facing rooftop terrace with sweeping views of Mt. Hood. The second home, set on the corner of the lot, is approx. 1,100 SF with 2 bedrooms and 1 bath. Ideal for a guest house, rental, or creative studio. Both homes are sold as is, with seller to make no repairs. All of this in one of Portland's most desirable neighborhoods, just blocks from coffee shops, restaurants, groceries, and the Willamette Park waterfront, and only 5 minutes to downtown Portland. This is your chance to make an investment in lifestyle, location, and opportunity. Schedule your showing today.