3525 SE Lake Rd, Milwaukie, OR 97222

Local realty services provided by:ERA Freeman & Associates, Realtors
3525 SE Lake Rd,Milwaukie, OR 97222
$550,000
  • 3 Beds
  • 1 Baths
  • 1,584 sq. ft.
  • Single family
  • Active
Listed by: jacob aveling
Office: fathom realty oregon, llc.541-316-9643
MLS#:127072913
Source:PORTLAND

Price summary

  • Price:$550,000
  • Price per sq. ft.:$347.22

About this home

Prime development opportunity on Lake Rd with groundwork already in place. This 28,170 SF property consists of two lots and offers strong potential for a variety of residential build concepts, including multi-unit development or future partitioning, providing flexibility for builders and investors.Existing 3 bed, 1 bath home at approximately 1,584 SF is on site and slated for removal, allowing for a clean slate for redevelopment. Survey and topographical survey have been completed and are available for review, helping streamline early-stage planning and due diligence.Ideal for developers seeking a project with momentum, optionality, and long-term upside in a growing area. Buyer to perform own due diligence regarding development potential, zoning, and permitted uses.

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Home facts

  • Year built:1912
  • Listing ID #:127072913
  • Added:3 day(s) ago
  • Updated:April 14, 2026 at 11:19 AM

Rooms and interior

  • Bedrooms:3
  • Total bathrooms:1
  • Full bathrooms:1
  • Basement Description:Unfinished
  • Living area:1,584 sq. ft.

Heating and cooling

  • Heating:Baseboard

Structure and exterior

  • Year built:1912
  • Building area:1,584 sq. ft.
  • Lot area:0.65 Acres
  • Architectural Style:1 Story
  • Foundation Description:Concrete Perimeter
  • Levels:1 Story

Schools

  • High school:Milwaukie
  • Middle school:Rowe
  • Elementary school:Milwaukie

Utilities

  • Water:Public Water
  • Sewer:Public Sewer

Finances and disclosures

  • Price:$550,000
  • Price per sq. ft.:$347.22
  • Tax amount:$3,544 (2025)
MLS LogoAll information provided is deemed reliable but is not guaranteed and should be independently verified. The content relating to real estate for sale on this web site comes in part from the IDX program of the RMLS of Portland Oregon. Real estate listings held by brokerage firms other than ERA Freeman & Associates, Realtors are marked with the RMLS logo and detailed information about these properties includes the names of the listing brokers. Copyright 2026 RMLS, Portland, Oregon. Last updated: April 14, 2026