Price reduction! Opportunity knocks in one of Portland's most sought-after neighborhoods! This classic 1930 home is ready for your updates and vision, offering the chance to build instant equity while enjoying an unbeatable location. Just three houses from iconic Mt. Tabor Park, the property features timeless details-original millwork, hardwood floors, picture windows, vintage light fixtures, and abundant charm throughout. Upstairs, three light-filled bedrooms and a full bath provide comfortable living, while a main-level full bath (garage conversion) adds flexibility. Step onto the upper balcony for morning coffee with partial city views. The daylight basement has been converted into an income-producing studio apartment that lives like a one-bedroom-ideal for offsetting the mortgage, funding improvements, or hosting guests. A private driveway and spacious patio complete this property, all set on a prime Mt. Tabor lot. Whether restoring its vintage character or updating with modern touches, this home offers a rare combination of income potential, charm, and location-steps from trails, greenspaces, and city views, with easy access to downtown and beyond.