Abstract: The present invention pertains to a foldable bicycle including a main frame comprised of a front frame portion and a rear frame portion, a handlebar structure, a removably, adjustable seat structure, and two removable wheels. The two wheels include a front wheel and a rear wheel both of which are removably mounted to the bicycle frame by quick-release lock mechanisms. Upon removing the bicycles adjustable seat structure and the front wheel and rear wheel, the main frame may be folded by rotating the front frame portion oppositely with respect to the rear frame portion. Upon such folding, the two frame portions form a triangularly shaped unit which lies in three parallel planes.