Milwaukie Homes under $700,000

Milwaukie Homes under $700,000

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Newest Milwaukie Homes under $700,000

3628 SE Wake ST, Milwaukie
$650,000
178806652 MLS
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!

3628 SE Wake ST, Milwaukie

11647 SE 35TH AVE, Milwaukie
$489,900
3 Beds ⋅ 1 Baths ⋅ 777164004 MLS
Welcome to your Gardenesque Oasis! Step through the landscaped terrace front, framed by mature grapevines, a Japanese maple, and established garden beds. Inside, original hardwood floors, built-ins, wood-framed dual-pane windows, and colorful pops of personality showcase the home’s classic character. Windows on all sides fill the home with natural light, while four exterior exits create an effortless indoor-outdoor connection. The main level features three bedrooms, a full bath, and a kitchen flowing naturally into the dining and living spaces. A wood-burning fireplace anchors the living room with a unique double-sided design extending toward the patio. A whole-house fan circulates cool air throughout the home as an alternative to traditional central AC. The private, fully fenced backyard is the true showstopper, thoughtfully maintained without herbicides or pesticides. Seasonal blooms include daffodils, hellebores, tulips, coneflowers, clematis, fuchsias, Shasta daisies, black-eyed Susans, and asters, with evergreen shrubs and ferns providing year-round interest. Apple, cherry and pear trees with huckleberry and honeyberry bushes, water fountain, rain barrels, compost bin, open shed and meandering paved paths complete this peaceful retreat. The finished daylight basement adds flexible living space, a half bath with potential for a full bath, and direct access to an extra deep insulated garage that can fit 2 cars. Notable updates include a 2025 garage door/range hood, 2024 water heater, 2024 furnace service, 2023 refrigerator, 2022 stove, 2021 foundation skim coat, 2015 roof, 2012 electrical panel, 2008 vinyl windows/doors, and additional electrical upgrades through 2026. Just blocks from Downtown Milwaukie, Pfriem Brewery, New Seasons, Pietro Pizza, Century Park, Minthorn Natural Area, Highway 224, TriMet, and the Willamette River, this home offers neighborhood living with easy access to Sellwood-Moreland and Portland. Come for the gardens, stay for the charm! [Home Energy Score = 5. HES Report at https://rpt.greenbuildingregistry.com/hes/OR10251935]

11647 SE 35TH AVE, Milwaukie

5620 SE ALDERCREST RD, Milwaukie
$680,000
4 Beds ⋅ 2 Baths ⋅ 270113622 MLS
Come and see this quality 4 bedroom/2 bath farmhouse, built in 1914 with a 6 car garage this Sunday from 10:00 to 1:00! It is full of original character and charm, from its period lighting, picture rail molding, to the welcoming covered front porch with a swing. Inside, a wood burning fireplace with mantel and built-ins anchors the living space. The kitchen is upgraded with a Wolf gas range and stainless-steel appliances. Upstairs are three bedrooms and a full bathroom, while a main-level bedroom and full bathroom offer flexibility for guests or make a home office. The finished basement adds even more living space, with a utility room and exterior entry through the laundry room, perfect for multigenerational living option, workout room, and plentiful storage. Outside, the expansive, fenced .84-acre lot is zoned R10 with building potential in unincorporated Milwaukie. Relax or entertain on the back deck overlooking the private yard and cool off in the above-ground pool with a deep end. 220 is ready if you'd like to add a hot tub. The standout 20 x 60 ft drive-through garage/shop is ideal for hobbyists, or anyone needing room for projects. There is plenty of parking, including an additional 19 x 50 ft RV/boat parking area, so all your toys, family and friends have a spot. Updated wiring and electrical provide peace of mind behind the vintage charm. Centrally located, you're just minutes from grocery, shops, great food, medical, parks, and the Willamette River. You'll enjoy the space and options of a true country-style property.

5620 SE ALDERCREST RD, Milwaukie

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The content relating to real estate for sale on this site comes in part from the IDX program of the RMLS of Portland, Oregon. Real Estate listings held by brokerage firms other than this firm are marked with the RMLS logo, and detailed information about these properties include the name of the listing's broker. Listing content is copyright © 2026 RMLS of Portland, Oregon. All information provided is deemed reliable but is not guaranteed and should be independently verified. This content last updated on . Some properties which appear for sale on this web site may subsequently have sold or may no longer be available.