Charming corner-lot ranch in Portland’s Madison South neighborhood. Fully updated in 2022, this versatile home offers flexible living options and strong income-offset potential. The main level features 3 bedrooms and a full bathroom with a walk-in shower, a bright living room filled with natural light, and an updated kitchen with stainless steel appliances. The finished basement, with a separate exterior entrance, adds valuable additional living space including 2 bedrooms, 1 full bathroom, a family room, and a second kitchen, providing excellent potential multi-generational living or rental income. Enjoy outdoor year-round on the expansive covered porch, while the fenced backyard offers an ideal setting for family gatherings. Major updates include a newer roof, furnace, and air conditioner, enhancing long-term peace of mind. The property is partially occupied, with the owner residing in one bedroom and tenants occupying four additional rooms. [Home Energy Score = 4. HES Report at https://rpt.Greenbuildingregistry.Com/hes/OR10243707]