4511 N Commercial Ave, Portland, OR 97217

Set in one of Portlands most desirable and vibrant neighborhoods, this home seamlessly blends timeless character with unbeatable connectivity. Ideal for those who prioritize location and an urban lifestyle, youre just moments from the energy of the Mississippi and Williams corridors, offering effortless access to cafes, restaurants, boutiques, and nearby parks. Whether youre biking to work or meeting friends for coffee around the corner, this location delivers the very best of Portland living: connected, convenient, and community-driven. Thoughtfully remodeled from top to bottom, this home features extensive system upgrades including new HVAC, updated electrical, a new water heater, and a newer roof (approx. 5 years old). Original charm has been carefully preserved with refinished hardwood floors and restored wood windows on the main level, while double-pane vinyl windows on the upper and lower levels add modern efficiency. The fully finished lower level, with its own exterior entrance, offers exceptional flexibility for guests, multi-generational living, or income potential. Complete with two bedrooms, a full bath, and ample storage, this space is well-suited for rental use with estimated rents around $1,600/month (per Rentometer). Turnkey and income-producing, this is a rare opportunity to own a beautifully updated home in a truly unbeatable location. Seller is willing to provide toward closing costs with a compelling offer.