446 NE Ivy St, Portland, OR 97212

A rare opportunity to create your dream urban compound in one of Portlands most sought after neighborhoods. This unique property features a classic Victorian streetscape with multiple flexible living spaces, making it ideal for multigenerational living, extended family, guests, creative studios, or work-from-home lifestyles. Ready for your vision and renovation, the possibilities are endless. Zoned RM1, property could be FOUR separate units: main home with 1bd/1ba, a walk-out lower-level 1bd/1ba apartment, a detached studio with full kitchen, bath, and loft bedroom, and an attached two-story casita with 2bd/1ba. Major updates include a new sewer line (2022), newer HVAC in the main house, and AC throughout. Just half a block from Irving Park and minutes to the Alberta Arts and Mississippi Districts, youll enjoy Portlands best cafes, restaurants, boutiques, and parks. A truly one-of-a-kind property for those who appreciate character, creativity, and the vibrant spirit of inner Northeast Portland.