Basement can be converted to 2nd unit. Discover exceptional versatility and timeless charm at this spacious property backing directly to Cherry Park with endless potential for multi-generational living, care home or duplex conversion. Featuring original hardwood floors in beautiful condition, this well-maintained home blends classic character with thoughtful modern updates. The main level offers inviting light-filled living spaces, access to bedrooms and an easy flow for daily living or caregiving. New carpet in main level great room. W/D hookups in the garage for all main level living, minimal stairs. Downstairs, a separate exterior entrance makes the lower-level ideal for extended family, guests or Padsplit. Full bath on lower level plus potential for kitchenette and W/D hookups in the generous utility room. Huge bonus room with gorgeous ceiling! Major systems are updated for peace of mind, 2014 roof, water heater, A/C, and 90% efficient furnace in 2016, plus a 200-amp electrical service upgrade with whole-home surge protection. These improvements ensure comfort and reliability for years to come. Outside, enjoy a fenced yard with a dedicated dog run, and direct access to the open greenspace of Cherry Park-perfect for morning walks or playtime. A detached one-room ADU 12'x 16', 192 sq ft, in the backyard adds even more flexibility-ideal for a guest suite, studio, private office or potential rental income. ADU is complete with laminate floors and a mini-split for comfort. Located in a quiet, established neighborhood with easy access to shopping, dining, OHSU SE Campus and I-205/84, this property offers the perfect combination of lifestyle convenience, income potential, and long-term value. Bring your vision and make the most of this unique, opportunity-rich property in the heart of Portland's eastside. [Home Energy Score = 3. HES Report at https://rpt.greenbuildingregistry.com/hes/OR10242925]