10832 SE STEPHENS ST

Basement can be converted to 2nd unit. Discover exceptional versatility and timeless charm at this spacious property backing directly to Cherry Park with endless potential for multi-generational living, care home or duplex conversion. Featuring original hardwood floors in beautiful condition, this well-maintained home blends classic character with thoughtful modern updates. The main level offers inviting light-filled living spaces, access to bedrooms and an easy flow for daily living or caregiving. New carpet in main level great room. W/D hookups in the garage for all main level living, minimal stairs. Downstairs, a separate exterior entrance makes the lower-level ideal for extended family, guests or Padsplit. Full bath on lower level plus potential for kitchenette and W/D hookups in the generous utility room. Huge bonus room with gorgeous ceiling! Major systems are updated for peace of mind, 2014 roof, water heater, A/C, and 90% efficient furnace in 2016, plus a 200-amp electrical service upgrade with whole-home surge protection. These improvements ensure comfort and reliability for years to come. Outside, enjoy a fenced yard with a dedicated dog run, and direct access to the open greenspace of Cherry Park—perfect for morning walks or playtime. A detached one-room ADU 12'x 16', 192 sq ft, in the backyard adds even more flexibility—ideal for a guest suite, studio, private office or potential rental income. ADU is complete with laminate floors and a mini-split for comfort. Located in a quiet, established neighborhood with easy access to shopping, dining, OHSU SE Campus and I-205/84, this property offers the perfect combination of lifestyle convenience, income potential, and long-term value. Bring your vision and make the most of this unique, opportunity-rich property in the heart of Portland’s eastside. [Home Energy Score = 3. HES Report at https://rpt.greenbuildingregistry.com/hes/OR10242925]