Lucrative opportunity for developers in desirable Ardenwald neighborhood of Milwaukie! Zoned R-MD with the potential to develop multiple units on site, this spacious property is nestled among mature landscaping blocks from the Portland city limits but with Clackamas County taxes. The existing 1939 property was a beloved family home for decades but is in need of major upgrades and renovations. This is your opportunity to transform this rare lot into a single family paradise or build additional structures per state law and city code. Only cash offers accepted. Sold in as-is condition; no seller repairs. Buyers to conduct due diligence regarding zoning requirements and development opportunities. [Home Energy Score = 1. HES Report at https://rpt.greenbuildingregistry.com/hes/OR10217832]
Sold
$340,000
3433 SE Olsen St, Milwaukie, OR 97222
3beds
2,358sqft
Residential, Single Family Residence
Built in 1939
10,454.4 Square Feet Lot
$416,600 Zestimate®
$144/sqft
$2,901 Estimated rent
Owner options
What's special
Zillow last checked: 8 hours ago
Listing updated: July 13, 2023 at 12:35pm
Listed by:
Stephanie Soden 503-708-5510,
RE/MAX Equity Group
Bought with:
Rachel Day, 201206820
Urban Nest Realty
Source: RMLS (OR),MLS#: 23625634
Facts & features
Interior
Bedrooms & bathrooms
- Bedrooms: 3
- Bathrooms: 1
- Full bathrooms: 1
- Main level bathrooms: 1
Primary bedroom
- Level: Main
Bedroom 2
- Level: Main
Bedroom 3
- Level: Main
Kitchen
- Level: Main
Living room
- Level: Main
Heating
- None
Cooling
- None
Appliances
- Included: Electric Water Heater
Features
- Windows: Wood Frames
- Basement: Full,Unfinished
Interior area
- Total structure area: 2,358
- Total interior livable area: 2,358 sqft
Property
Parking
- Total spaces: 1
- Parking features: Driveway, Detached
- Garage spaces: 1
- Has uncovered spaces: Yes
Features
- Stories: 3
- Exterior features: Yard
Lot
- Size: 10,454 sqft
- Features: SqFt 10000 to 14999
Details
- Parcel number: 00003276
- Zoning: RMD
Construction
Type & style
- Home type: SingleFamily
- Architectural style: Bungalow
- Property subtype: Residential, Single Family Residence
Materials
- Wood Siding
- Foundation: Concrete Perimeter
- Roof: Composition
Condition
- Fixer
- New construction: No
- Year built: 1939
Utilities & green energy
- Sewer: Public Sewer
- Water: Public
Community & neighborhood
Location
- Region: Milwaukie
Other
Other facts
- Listing terms: Cash,No Financing
- Road surface type: Paved
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Estimated market value
$416,600