Extremely rare opportunity to own two homes on one double corner lot in a prime SE Portland location! Live in one and rent the other, use both as income-generating properties, enjoy community or multi-generational living, or explore the development potential of this rare oversized lot (buyer to do due diligence). The 4930 home has 1 bed/1 bath, an open and bright floor plan, large covered back deck, full basement, and many updates, including refinished floors, newer tub, sink, tile, water heater, green hydronic floor heat system, and Anderson windows. A basement egress window has been purchased and the well has been dug, so it just needs final install. 4932 has 2 beds/1 bath with new mini split heat and painted floors, and large enclosed sun porch. There are two detached garages, and one has a separate electric panel and is being used as an office/studio. This location can not be beat, as you are just minutes from Foster Powell, Mt. Scott, Arleta, and Woodstock shops, restaurants, food carts, parks, freeways, and public transportation. Per BDS; RIP2 may allow traditional partition/middle housing land division process (buyer to verify all). Please do not disturb tenants.