Charming Arts & Crafts Bungalow with Modern ADU in the Heart of Alberta Arts.Nestled just two blocks off vibrant Alberta Street. Beautifully preserved and thoughtfully updated Arts & Crafts home offers the perfect blend of historic charm and modern versatility. Featuring a spacious 3-bedroom, 2-bath main home and a newly built 2-bedroom, 1-bath lower level accessory dwelling unit (ADU), this property is ideal for multi-generational living, rental income, or creative space. The top two floors of the main residence showcase period details, wood floors, and a renovated kitchen. The upper-level primary suite spans the entire top floor, complete with a private deck and en suite bath. Two additional bedrooms and a full bath on the main floor offer flexibility for work-from-home or guest accommodations. A main level laundry room adds convenience to everyday living. The entire home was lifted in 2017 to create a brand-new lower-level ADU with above grade windows throughout and boasting a spacious open-concept layout with a modern kitchen, generous living and dining areas, two bedrooms, a full bath, and its own laundry room. With upgraded systems throughout, this home ensures peace of mind and efficiency. Off street parking and a detached garage with fully fenced yard and two decks! Enjoy the best of Alberta Arts District living, with world-class restaurants, boutiques, and galleries just moments away. Whether you're looking for a dynamic investment opportunity or a one-of-a-kind place to call home, this property is a rare find in one of Portland’s most sought-after neighborhoods. Check out the low property taxes!