This move-in-ready Sellwood home offers a unique dual-living opportunity, featuring a spacious main residence alongside a fully detached, private-entry Tiny House permitted for short-term rentals. With no CC&Rs, it is an incredible find for owner-occupants seeking rental income or investors looking for a versatile asset. The bright, open-concept main home (4BR/2BA) boasts large windows and gorgeous hardwood floors. The main level highlights a fully-equipped kitchen, an expansive living and dining area with a cozy fireplace, a flexible bedroom or office, a full bathroom, and a dedicated laundry space. Upstairs, you will find two additional bedrooms complete with custom built-ins and a large walk-in closet. The finished basement serves as a luxurious primary suite retreat, featuring a built-in sound system and a spa-like private bathroom with a jetted tub and a sleek glass walk-in shower. Unit B is a Tiny House with separate entryway, offering a bedroom, full bathroom, complete kitchen, and an in-unit washer/dryer. Outdoor space has beautifully illuminated front landscaping and a relaxing backyard gazebo seating area. Additional premium features include dedicated driveway parking with an installed EV station and a detached two-car garage boasting a bonus office room with heated floors. Perfectly situated just minutes from the Willamette River, you can enjoy easy access to waterfront parks, nature, and Sellwood's vibrant corridors of independent shops, cafes, and pubs. Don't miss this incredible income-producing property in one of Portland's most desirable neighborhoods! Owner is a Licensed Oregon Broker.