This Arbor Lodge home has it all! Exceptional main level living with the mid-century/deco charm of the 1940's. PLUS true multi-gen living/income potential with impeccably finished lower level with interior & exterior entries! Period hardware, light fixtures, coved ceilings, hardwood floors, picture rail, doors and tons of updated windows bringing the outside in and provides lots of natural light. The covered front porch opens to the entry with closet, large living room with gas fireplace and sunny dining room. Artistically updated kitchen has Oregon Red Cedar Cabinets, stainless appliances, & pantry spills out to deck and private yard for year-round entertaining. 3 generous bedrooms, updated hall bath, plus lots of closet space finish out the main level. Built-out in 2018, the lower level has incredible flexibility with both interior and separate exterior entries, additional living space, home business, guest quarters or rental. Large great room area, bedroom, kitchenette, bathroom, shared bonus area, large finished laundry room plus good storage all finished with a modern vibe including stained, polished concrete floors, sharp clean lines and fresh white color palate. Stunning perennial gardens surround this home, creating year-round interest with herb and raised gardens, patio areas for entertaining and a free standing screened eco porch for the ultimate get away. Great location near New Seasons, Arbor Lodge Park, Max-line, I- 5 and lots of neighborhood, bars, cafes, shops and eateries. Walk Score 79; Bike Score 99. [Home Energy Score = 4. HES Report at https://rpt.greenbuildingregistry.com/hes/OR10238541]