More space, more possibilities, and multiple living areas in one exceptional property. This expansive 1946 Cape Cod offers more than 3,600 square feet across three finished levels, creating an ideal opportunity for multigenerational living, a home business, shared ownership, or strategic house hacking in the established Metzger neighborhood. The main level features a welcoming living room, dining area, two bedrooms, a full bathroom, and a refreshed kitchen with new quartz countertops. Newly refinished original white oak floors and fresh interior paint brighten the home while preserving its character. The recently finished lower level adds two bedrooms, a family room, and a modern bathroom with radiant heated tile floors. Upstairs lives like a charming apartment-style retreat with two bedrooms, a full bathroom, kitchen, office or flex space, and private interior and exterior access. Appliances are included, and upstairs furnishings may be negotiated. The rare 1/3 acre lot offers a fully fenced, park-like backyard, two driveways, abundant parking, and RV parking with full hookups. An adorable, furnished tiny-house cabin with deck may be negotiated separately or disconnected and removed. Major recent improvements include two updated electrical panels, a Carrier furnace with a 40-year warranty, water heater, all new PEX plumbing, sump pump, radon mitigation system, kitchen appliances, flooring, and light fixtures. A complete improvements list and pre-inspection report are available, providing valuable transparency before an offer is written. A lender-paid 2-1 buydown is available to qualified buyers. Seller financing may also be considered, subject to buyer qualification and mutually acceptable terms. Conveniently located near I-5, Highway 217, Trader Joe’s, and Washington Square, this is a unique opportunity to create a flexible living arrangement while building long-term equity.
Listing courtesy of Keller Williams PDX Central.
The content relating to real estate for sale on this site comes in part from the IDX program of the RMLS of Portland, Oregon. Real Estate listings held by brokerage firms other than this firm are marked with the RMLS logo, and detailed information about these properties include the name of the listing's broker. Listing content is copyright © 2026 RMLS of Portland, Oregon. All information provided is deemed reliable but is not guaranteed and should be independently verified. This content last updated on . Some properties which appear for sale on this web site may subsequently have sold or may no longer be available.