Milwaukie Opportunity — Instant Sweat Equity or Assumable VA loan of $310,000 at 2.6%! Here’s the cosmetic fixer you’ve been waiting for and it is financeable for VA, FHA or conventional! Reflected in the are the updates needed, this 1,662 sq ft single-level ranch offers an incredible opportunity to build instant sweat equity in a great Milwaukie neighborhood. Located on a quiet cul-de-sac, this home features 3 bedrooms, 2 baths, 2-car garage, fenced backyard, and a large covered patio—all for under $500,000.The open, light-filled floor plan features abundant windows and a spacious kitchen great room with an island and eating bar. A sliding glass door leads to the covered patio and fully fenced backyard with raised flower beds and a tool shed.The home already has many desirable features, including vinyl windows, 90% gas furnace with A/C, gas fireplace, pantry, and a 2-car garage with workbench and storage. The cosmetics are where you can make this home your own. Add some fresh paint, flooring, fixtures, and your personal style, and you can transform this into a fantastic home while potentially creating significant equity through your improvements. Why pay for someone else’s renovations when you can buy at a value and make the improvements yourself? Great neighborhood. Single-level living. 3 bedrooms. 2 baths. 2-car garage. Fenced yard. Cul-de-sac. Under $500K. Opportunities like this don't come along often, and this one won't last long! Come take a look and see the potential for yourself! Open House: Saturday, September 5th 10:00 AM–12:00 PM
Listing courtesy of Harcourts Real Estate Network Group.
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.