This is a once-in-a-lifetime opportunity to own your dream riverfront compound with not one, but TWO beautifully updated homes, set on a sprawling 1.69-acre lot with stunning river views. Whether you’re looking for multi-generational living, rental potential, or simply the space to spread out and enjoy the best of both worlds, this property offers it all. The first home features 4 bedrooms and 3 full baths, including a separate living quarters on the lower level, ideal for guests or multigen living. An expansive deck stretches across the back, perfect for outdoor dining and enjoying the breathtaking river views. Inside, the chef-inspired kitchen boasts high-end finishes and is perfect for entertaining, while the open-concept living areas provide plenty of space for relaxation and enjoyment. The second home offers 3 bedrooms and 1 full and 2 half baths, with an expansive deck that overlooks the river and property. The lower level provides additional space ready for customization to suit your needs, whether as a workshop, home office, or more living space. The gorgeous open-concept floor plan connects the living, dining, and kitchen areas, creating a bright and inviting atmosphere. In between the two homes, you’ll find 3 buildable lots, offering even more potential for expansion, whether you want to grow your compound or preserve the open space for privacy. Enjoy the ultimate combination of peaceful riverfront living and convenience, with easy access to Highway 99E for quick commuting and just 0.6 miles to downtown for shopping, dining, coffee shops, and more. With two stunning homes, ample land, and endless possibilities, this rare riverfront property is a must-see.
Active
Price cut: $810.2K (4/25)
$1,599,800
SE 19th Ave, Milwaukie, OR 97222
7beds
4,898sqft
Est.:
Multi Family
Built in 1938
-- sqft lot
$-- Zestimate®
$327/sqft
$-- HOA
What's special
- 194 days
- on Zillow |
- 668 |
- 42 |
Zillow last checked: 7 hours ago
Listing updated: May 14, 2025 at 11:51am
Listed by:
Darryl Bodle 503-709-4632,
Keller Williams Realty Portland Premiere,
Michael Brazie 503-317-3557,
Keller Williams Realty Portland Premiere
Source: RMLS (OR),MLS#: 24231014

Travel times
Tour with a buyer’s agent
Tour with a buyer’s agent
Facts & features
Interior
Bedrooms & bathrooms
- Bedrooms: 7
- Bathrooms: 6
- Full bathrooms: 4
- Partial bathrooms: 2
Heating
- Forced Air
Appliances
- Included: Dishwasher, Range, Electric Water Heater, Gas Water Heater
- Laundry: Washer Dryer Hookup
Features
- Basement: Partially Finished,Separate Living Quarters Apartment Aux Living Unit
Interior area
- Total structure area: 4,898
- Total interior livable area: 4,898 sqft
Video & virtual tour
Property
Parking
- Parking features: Attached, Off Street
- Garage spaces: 2
Features
- Stories: 2
- Patio & porch: Deck
- Has view: Yes
- View description: River, Territorial, Trees/Woods
- Has water view: Yes
- Water view: River
- Waterfront features: River Front
Lot
- Size: 0.96 Acres
- Features: Gentle Sloping, Level, SqFt 20000 to Acres1
Details
- Additional parcels included: 05037561
- Parcel number: 05037565
- Zoning: R-MD
Construction
Type & style
- Home type: MultiFamily
- Property subtype: Multi Family
Materials
- Brick, Lap Siding
- Roof: Composition
Condition
- Year built: 1938
Utilities & green energy
- Gas: Gas
- Sewer: Public Sewer
- Water: Public
Community & HOA
Community
- Subdivision: Island Station
Location
- Region: Milwaukie
Financial & listing details
- Price per square foot: $327/sqft
- Annual tax amount: $18,595
- Date on market: 11/15/2024
- Listing terms: Cash,Conventional
- Road surface type: Paved
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