A charming bungalow-style residence nestled in the heart of the highly coveted Alberta Arts district in NE Portland. Built in 1927, this timeless home offers a unique opportunity for those seeking a property with character and potential. With the right vision and resources this home is a great investment. As you step through the front door, you'll be greeted by the warmth of the hardwood floors that span the living spaces. The main level features an inviting living and dining room, a cozy kitchen, one bedroom and a well-appointed bathroom. The upstairs has unlimited potential to be made into the primary suite. The partially finished basement, spanning an additional 800 square feet, presents an exciting opportunity. Transform this space into a third bedroom and an additional bathroom, realizing the full potential of this home. The possibilities are limited only by your imagination. Recent upgrades include a new water heater, providing enhanced comfort and efficiency. The property's R2 zoning opens doors to further expansion and creative possibilities. Consider adding an Accessory Dwelling Unit (ADU) on the property for extra income or an additional living space. Take advantage of buying into the vibrant community, with eclectic shops, art galleries, and a plethora of dining options just steps away. Immerse yourself in the rich culture and creativity that define this sought-after Portland neighborhood. This home is a canvas waiting for your personal touch. Ideal for those with a vision and the desire to revitalize a property to its fullest potential. Buyers are encouraged to conduct their own due diligence to ensure the property aligns with their vision and plans.