Location, versatility, and incredible future upside meet at 4836 N Albina Ave! Perfectly situated steps from Portland's iconic Mississippi Ave and Williams corridors, this charming home features a fantastic, highly adaptable multi-level floor plan with room to run. The bright interior boasts classic architectural millwork, fresh paint, a beautifully updated kitchen with granite counters, and stainless appliances. Beyond the move-in-ready charm and rare off-street parking, the property sits on a generous 5,000 sq ft corner lot with RM2 zoning-allowing for future development of up to 15,000 sq ft. A rare find offering the perfect blend of immediate urban living and massive long-term investment potential.