14305 SE RIVER RD, Milwaukie, OR 97267

$625,000
5
BD
3
BA
2,800
SqFt

Show Photos

Verify your account to unlock exclusive photos, mortgage tools, and more.

List Price
$625,000
Days on Market
86
Status
PENDING
MLS#
709959932
Bedrooms
5
Bathrooms
3
Living Area
2,800
Lot Size
20, 000 SqFt to .99 Acres
Region
Milwaukie, Gladstone, Happy Valley, Clckmas, Dmscus, Estacada

Property Description

Development Opportunity in Prime Milwaukie Location! Beautifully renovated 2,800 SF one-level ranch on a rare 0.51-acre R7-zoned lot in desirable Oak Grove, offering exceptional livability today and exciting future development potential. This spacious home features 5 bedrooms, 3 bathrooms, including 2 primary suites, a large open kitchen and dining area, two family rooms, and plumbing in place for a future kitchenette and bar—ideal for multigenerational living or entertaining.Extensively updated with nearly every major system replaced, including a new roof, energy-efficient windows, siding, fireplace and chimney, fresh interior and exterior paint, new plumbing, new 80-gallon water heater (plumbed for future gas hookup), new gas furnace, central A/C, solar system, 340-amp electrical panel, new interior and exterior outlets, and all new interior and exterior lighting.Enjoy modern conveniences including a whole-home speaker system with indoor and outdoor speakers, Ring doorbell, interior and exterior security cameras, covered patio, private courtyard, attached garage, 3-car carport, and abundant parking for RVs, boats, trailers, and recreational vehicles. A 50-amp outlet is ready for an RV, camper, or tiny home.The R7 zoning offers incredible potential for future development with the possibility of creating 3–5 lots (buyer to verify with local authorities). Whether you're searching for a home, investment property, or future development opportunity, this property offers unmatched flexibility.Conveniently located just minutes from downtown Milwaukie, the future MAX station, Sellwood, shopping, dining, parks, and schools. Rarely does a property combine extensive renovations, a large dividable lot, and outstanding investment potential in such a desirable location. Live in it, rent it, or develop it—the possibilities are endless!

Additional Information

Tax Amount
$5,750
Year Built
1946
High School
Putnam
Elementary School
Oak Grove
Middle School
Alder Creek
Garage Spaces
2
Garage Type
Attached
Living Area
2,800
Stories
1
Property Type
Single Family Residence
Terms
Cash, Conventional, FHA
Master Bedroom Level
Main
Cooling Description
Central Air
Fuel Description
Electricity
Heating Description
Forced Air
Exterior Description
Wood Siding
Sewer Description
Public Sewer
Style
Ranch
Parking
Carport, Driveway
Parking Description
Carport, Driveway
Exterior Features
Fenced, Patio, Yard

Mortgage Calculator

Amount of Loan
Annual Interest Rate
%
Term of Loan
Years

Does not include any taxes or fees.
Please consult a financial professional.
Calculator source: Real Geeks

Listing courtesy of Keller Williams PDX Central.

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.