About This Home

This 3-bedroom, 1-bathroom single family at 3525 SE LAKE Rd in Milwaukie, OR is listed for $499,000 ($315 per sqft). Built in 1912, the home offers 1,584 sqft of living space on a 0.67 acres lot.

Key Features

  • Built in 1912
  • 0.67 acre lot

Property Details

1 story
1 full
1912
Listing Description

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 flexi

bility 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 deve

lopment 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.

Monthly Cost Estimate

$2,669/mo

20% down · 6.5% · 30 years

Principal$361
Interest$2,162
Insurance$146

Estimates only. Actual payments may vary.

Location

3525 SE LAKE Rd

Milwaukie, OR 97222

Property Details

Heating

Baseboard

Questions & Answers

This 3-bedroom, 1-bathroom single family at 3525 SE LAKE Rd is listed at $499,000 ($315/sqft). The estimated monthly payment is $2,669 based on 20% down, a 30-year loan at 6.5% interest, estimated insurance.

Key features include: Built in 1912, 0.67 acre lot.

This property is listed by Jacob Aveling and can be reached at 5037534297.

JA

Jacob Aveling

Agent at Real Broker

(503) 753-4297

Listed by Real Broker · View on Broker Site

MLS# 693508643· Source: listhub· 3 days on market

Copyright © 2026 Regional Multiple Listing Services. All rights reserved. All information provided by the listing agent/broker is deemed reliable but is not guaranteed and should be independently verified.

3525 SE LAKE Rd, Milwaukie, OR 97222

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