Welcome to 5027 NE 19th Ave - a beautifully restored Portland Craftsman blending historic charm with modern versatility, just one lot off vibrant Alberta Street. The main residence spans the upper two floors and offers flexible living with up to four potential bedrooms, original woodwork, pristine cherry hardwoods, and abundant natural light throughout. A custom kitchen features hand-built cabinetry, stone flooring, an Italian gas range, and stainless appliances. The main level includes a large living room with a classic stone fireplace, formal dining, and multiple flex spaces perfect for bedrooms, office, or den use. Upstairs you'll find two full bathrooms and expansive rooms that can be configured for a primary suite, guest space, or family lounge. Below, the fully permitted garden-level ADU has its own private entrance and includes two true bedrooms, a full kitchen with vintage touches, in-unit laundry, and a beautifully tiled bath - ideal for rental income, multi-generational living, or guest quarters. The property is beautifully landscaped with a great yard and a large deck off the back of the house, perfect for outdoor entertaining and relaxing. In the rear, a detached garage adds even more functionality with finished bonus space, perfect for an art studio or office. Three separate electric meters serve the main home, ADU, and garage. The property also has a current Short-Term Rental permit (buyer to reapply). Just blocks from Alberta's top restaurants, shops, and food carts, this a one-of-a-kind home offers unmatched flexibility, character, and location.