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Joe Saling

joe@sellingpdxhomes.com +1(503) 910-7364

Listed by Northwest Realty Source • info@nwrealtysource.com

$ 650,000

Est. payment | -/mo

3,750 SqFt

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$ 650,000

Est. payment | -/mo

Save Virtual Tour

3,750 SqFt

Key Details

Property Type Multi-Family

Listing Status Pending

Purchase Type For Sale

Square Footage 3,750 sqft

Price per Sqft $173

MLS Listing ID 178806652

HOA Y/N No

Year Built 1920

Annual Tax Amount $4,941

Tax Year 2025

Lot Size 0.330 Acres

Property Description

Rare opportunity to own a fully renovated triplex in the heart of Milwaukie, ready to go from day one. Whether you're an investor looking to fill all three units at today's market rents, or a buyer who wants to live in one unit and let the others help pay the mortgage, this property checks every box.The main floor unit offers two bedrooms and two bathrooms, plus two additional finished basement rooms that could become legal bedrooms three and four with the addition of egress windows. With its generous layout, it makes an ideal owner occupied home. Upstairs you'll find a studio apartment and a separate one bedroom unit, both freshly updated, vacant, and ready for tenants of your choosing. The big work has already been done for you. In 2026 the property received new Hardie Plank siding, new luxury vinyl flooring and carpet in every unit, all new water heaters and toilets, and fresh interior and exterior paint throughout. All three kitchens feature new appliances, the plumbing has been updated throughout, and the light fixtures have been refreshed. You'll also enjoy vinyl windows, a large, 2024 high efficiency gas furnace, a roof replaced in 2018, and a low maintenance Trex deck for relaxing outdoors. A detached garage offers the potential for additional income. The lot is very large, with room to add more parking or even explore an additional ADU, buyer to verify. Set in a great Milwaukie location, convenient to shopping, dining, parks, and easy commutes throughout the Portland metro. Turnkey triplexes like this don't come along often, so schedule your showing today!

Location

State OR

County Clackamas

Community Laundry

Area _145

Zoning R7

Rooms

Basement Full Basement, Partially Finished, Storage Space

Interior

Heating Forced Air90, Wall Heater

Cooling Central Air

Exterior

Garage Spaces 1.0

Community Features Laundry

Roof Type Composition

Garage No

Building

Lot Description Level, Private, Trees

Story 3

Foundation Concrete Perimeter, Slab

Sewer Public Sewer

Water Public Water

Level or Stories 3

Schools

Elementary Schools Ardenwald

Middle Schools Rowe

High Schools Milwaukie

Others

Acceptable Financing Cash, Conventional, FHA, VALoan

Listing Terms Cash, Conventional, FHA, VALoan

Virtual Tour https://www.zillow.com/view-imx/c44ce983-2924-4571-bd3e-b5ea7ad5d630?initialViewType=pano&hidePhotos=true&setAttribution=mls&wl=true&utm_source=email&utm_medium=email&utm_campaign=emo-floorplancompleted

Regional Multiple Listing Service (RMLS)

NEARBY SCHOOLS & BUSINESSES

FEATURED AREAS

3628 SE Wake ST Milwaukie, OR 97222