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Milwaukie,OR 97222
Key Details
Property Type Multi-Family
Listing Status Active
Purchase Type For Sale
Square Footage 4,898 sqft
Price per Sqft $500
Subdivision Island Station
MLS Listing ID 24231014
Year Built 1938
Annual Tax Amount $22,081
Tax Year 2023
Lot Size 1.690 Acres
Property Description
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.
Location
State OR
County Clackamas
Area _145
Zoning R-MD
Interior
Heating Forced Air, Wall Heater
Exterior
Garage Spaces 2.0
Waterfront Description RiverFront
View River, Territorial, Trees Woods
Roof Type Composition
Building
Lot Description Gentle Sloping, Level
Story 2
Sewer Public Sewer
Water Public Water
Schools
Elementary Schools Oak Grove
Middle Schools Alder Creek
High Schools Putnam
Others
Acceptable Financing Cash,Conventional
Listing Terms Cash,Conventional