Rare opportunity in Portland's Arts District: an owner-occupied 3-unit with flexible income potential and three deeded parking spaces. This Second Empire home, built after the Great Fire, blends historic character with a highly livable owner's unit spanning the 2nd and 3rd floors--offering 2 bedrooms, 1.5 baths, sauna, in-unit laundry, and a private deck. Two additional units (1BR + studio) provide immediate rental or income flexibility, with no registered rents, allowing a new owner to establish market rates. A standout feature is the cupola retreat with city views and glimpses of Back Cove, an uncommon private escape in this part of Portland. Located just steps from Congress Street, Longfellow Square, Portland Museum of Art, and favorites like Boda, LFK, and Hot Suppa. 46 Avon is the right half to the building.