ASSUMABLE LOAN option with interest rate at 4.25%!! Nestled in the charming and walkable Parkrose Heights neighborhood, this open and spacious home offers three bedrooms, three bathrooms, vaulted ceilings, and huge windows that flood the space with natural light. The unique layout and separation between levels offers the opportunity for multi-generational living or the ability to rent one level for additional income. So many updates have been made, including $32,000 in solar panels, installed in 2022, newer roof and water heater, and a beautifully remodeled kitchen. The primary bedroom offers an ensuite bathroom, and the spacious lower level was being used as a separate apartment with kitchenette, livingroom, and dining area (furniture has been removed). The fenced yard offers a patio with a gazebo and ample space for gardening, entertaining, or creating your own outdoor oasis. The roomy shed below the home has all the storage you need for outdoor supplies. This prime location, just minutes from restaurants, shops, coffee, schools, Rocky Butte Natural Area hiking and biking trails, The Grotto, Dharma Rain Zen Center, Portland Airport, freeways, and public transportation, makes getting anywhere you need to go a breeze. This is a truly rare find that offers space, flexibility, and timeless charm in a desirable and sought-after neighborhood.