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3525 SE Lake Rd, Milwaukie, OR, 97222

3beds
1baths
1,584sqft
$550,000
$347price/sqft
$4,093/moest. monthly cost
$163,720/yrincome needed

About This Home

Build your dream home on Lake Rd with the added advantage of space, flexibility, and groundwork already in place. This 28,170 SF property spans two lots, offering a rare opportunity to create a custom residence while still leaving room for future options.The existing 3 bed, 1 bath home of approximately 1,584 SF is currently on site, providing flexibility for those considering a renovation, hold strategy, or a fresh start tailored to their vision. Survey, topographical survey, and Geotech report have already been completed and are available for review, helping streamline early-stage planning and due diligence.Beyond a primary residence, the property also presents potential for multi-unit development or future partitioning, giving builders and investors additional paths to explore without taking away from its appeal as a single homesite.Well suited for those looking to build, invest, or secure land with long-term upside in a growing area. Buyer to perform own due diligence regarding development potential, zoning, and permitted uses.

Getting Around

50
WalkingCar-Dependent
46
TransitSome Transit
60
BikeBikeable

Schools

2/10
Rowe Middle SchoolGrades 6-80.2 mi
2/10
Milwaukie High SchoolGrades 9-120.7 mi

Construction

Condition

  • Property condition: Fixer
  • Year built: 1912

Materials

  • Foundation: Concrete Perimeter
  • Construction materials: Wood Siding

Type & Style

  • Home type: SingleFamily
  • Property subType: Residential,Single Family Residence

Interior

Basement

  • Has basement: Yes
  • Basement: Unfinished

Bedrooms & Bathrooms

  • Bedrooms: 3
  • Bathrooms: 1
  • Full bathrooms: 1
  • Main level bathrooms: 1

Heating

  • Heating features: Baseboard

Interior Area

  • Total structure area: 1,584
  • Total interior livable area: 1,584 sqft

Master Bedroom

  • Level: Main

Property

Details

  • Parcel number: 00033494

Features

  • Levels: One
  • Stories: 1

Lot

  • Lot size: 0.65 Acres
  • Features: SqFt 20000 to Acres1