16 NE 148th Ave, Portland, OR 97230

Versatile split-level home offers rental potential with multiple living spaces & a bonus studio living structure in the back. The upstairs unit boasts a traditional floor plan with 3 spacious bedrooms, 2 full bathrooms, laminate flooring throughout & a formal grand entry. The updated kitchen with granite countertops, stainless steel appliances, tile flooring, a built-in cooktop, and a beautiful dining area with a bar. The spacious living room offers warm wood floors, a cozy fireplace, and access to a large covered back deck, perfect for year-round BBQs and entertaining. The primary suite includes a walk-in closet and an en-suite bathroom with a walk-in shower. Plus 2 more spacious bedrooms and a modern hall bathroom with custom tile walk-in shower. The downstairs unit hosts 2 bedrooms and 1 bathroom, and a separate kitchen is equipped with a sink, storage, and a freestanding range. The bathroom features LVP flooring, laundry hookups, and a walk-in shower, along with a separate powder room, offering added convenience. A bonus room provides flexible space for an office, gym, or additional living area. In addition, the property includes a studio living structure in the back, each side offering a studio unit—perfect for extra rental income, guests, or extended family. Outside, enjoy a fully fenced yard, a large, oversized driveway, and a covered carport with RV parking. This is a rare income-generating property you won’t want to miss!