Welcome to this unique North Rocky Butte gem-a 1924 charmer offering exceptional flexibility, privacy, and income potential. Perfect for multi-generational living, offsetting your mortgage with rental income, or creating your own private retreat, this property features a 2-bed, 2-bath main house plus two ADUs. The main home blends vintage warmth with modern comforts, an updated kitchen, a cozy fireplace in the living room, and a spacious primary suite with generous closets and a tranquil view of the lush backyard. The second bedroom and full bath offer added space for guests or a home office. Attached to the main house, but with its own private exterior entrance, is an above-ground studio ADU-ideal for guests, rental income, or a creative workspace. Below the main house, the basement has been transformed into another fully functional ADU, maximizing both privacy and versatility. Outside, the magic continues. Situated on a corner lot, the backyard feels like a hidden forest grotto-an urban oasis surrounded by trees, complete with a peaceful water feature, fire pit, covered BBQ area, and multiple entertainment areas. Two sheds with power offer endless possibilities for workshops, art studios, or gear storage. Located in a quiet pocket of the sought-after North Rocky Butte neighborhood, you'll enjoy a peaceful setting with quick access to parks, trails, and all the amenities of NE Portland. This is more than a home-it's a lifestyle, and an opportunity. Don't miss it.