4 bed · 2 bath · 2134 sq. ft. • 7259 sq. ft. Lot + 5642 sq. ft. separate tax lot A Rare SE Portland Opportunity with Commercial Flexibility - EG2 Zoning Flexibility meets future potential. This commercial property offers a unique advantage for entrepreneurs, investors, creatives, or homeowners seeking a live/work lifestyle. Whether envisioned as a boutique business, studio, office, residence, or hybrid space, the non confirming home in this zoning opens the door to possibilities that are increasingly hard to find. With adaptable use and valuable urban positioning, this property is ideal for those looking to integrate work and home life, establish a commercial presence, or secure an asset with versatile long-term upside. Live where you create, launch where you reside, or reimagine the space entirely—this is a property designed to evolve with your vision. Location!!! At the edge of Portland’s beloved Sellwood neighborhood, the location offers a uniquely strategic position where charm, connectivity, and commerce converge. Nestled near the border of Highway 99E and neighboring Milwaukie, this commercial value includes exceptional accessibility while remaining connected to one of SE Portland’s most sought-after communities. Moments from local shops, dining, parks, and everyday amenities, the location balances neighborhood character with highly visible and viable convenience—ideal for residential living, business presence, or live/work flexibility. With seamless access to Portland’s urban core and surrounding areas, it places opportunity at the intersection of lifestyle and location. A distinctive offering in SE Portland where residential comfort and commercial opportunity intersect. The main level blends warmth, character, and functionality with bamboo floors, refreshed interior paint, and a flexible layout designed to adapt to your needs. Two bedrooms have been thoughtfully converted into office spaces, offering ideal work-from-home versatility, creative studio potential or an easy pathway to convert back into sleeping areas. A full bath serves the level, while the kitchen adds vintage charm and nostalgic character—an authentic nod to the home’s roots, ready to be preserved or reimagined. Lower Level - with an exterior entrance, a dramatic modern staircase and new flooring, the lower level has been completely refreshed with all new, never before used space that offers a striking contrast of modern comfort and thoughtful design. Two newly finished bedrooms provide flexibility for guests, private offices, or expanded living, complemented by a sleek contemporary full bath. A connected laundry room adds everyday convenience, while cedar-lined closets bring both function and timeless appeal. Fresh, polished, and move-in ready, this level creates exceptional potential for additional living, workspace, or live/work versatility. Property - Workshop & Extra Lot - An exceptional added value, this property includes a separate additional tax lot—vacant, manicured, and fully fenced—offering rare flexibility in an increasingly limited urban landscape. With abundant off-street parking, the extra lot expands the property’s potential for business use, client access, future development considerations, outdoor activation, or simply added privacy and space. Cleanly maintained and highly functional, this bonus parcel creates a distinctive advantage for owners seeking versatility, convenience, and long-term opportunity.