3948 SE WAKE ST, Milwaukie, OR 97222

$492,000
4
BD
2
BA
2,572
SqFt

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Sold Price
$492,000
List Price
$495,000
Closing Date
Oct 28, 2025
Days on Market
41
Status
SOLD
MLS#
740237152
Bedrooms
4
Bathrooms
2
Partial Bathrooms
1
Living Area
2,572
Lot Size
7, 000 to 9, 999 SqFt
Region
Milwaukie, Gladstone, Happy Valley, Clckmas, Dmscus, Estacada

Property Description

OPPORTUNITY KNOCKS!!! HUGE UPSIDE POTENTIAL. This spacious Milwaukie home is ideally located within walking distance to Ardenwald Elementary. Offering versatility and room to grow, this residence features three bedrooms and 1.5 bathrooms on the main level, complemented by a traditional living room plus a large family room addition with soaring vaulted ceilings—perfect for gatherings and everyday living. The lower level adds even more flexibility with an additional bedroom, full bathroom, and a generous living space, ideal for guests, extended family, or a home office setup. Set on a sizable lot, the property boasts an in-ground pool for summer enjoyment, a one-car attached garage, and the added benefit of Clackamas County taxes. With solid bones and plenty of square footage, this home presents a fantastic opportunity to increase value through cosmetic updates and personalization. Don’t miss this chance to own a property that combines convenience, space, and potential—all in a desirable Milwaukie neighborhood.

Additional Information

Tax Amount
$5,850
Year Built
1956
High School
Milwaukie
Elementary School
Ardenwald
Middle School
Rowe
Fireplaces Total
3
Garage Spaces
1
Garage Type
Attached
Living Area
2,572
Stories
2
Subdivision
ARDENWALD / MILWAUKIE
Property Type
Single Family Residence
Terms
Cash, Conventional, FHA, VA Loan
Master Bedroom Level
Main
Cooling Description
Central Air
Fireplace Description
Gas, Wood Burning
Fuel Description
Electricity, Gas
Heating Description
Forced Air
Hot Water Description
Electricity
Exterior Description
Wood Siding
Roof Type
Composition, Shingle
Sewer Description
Public Sewer
Style
Ranch
Parking
Driveway, Off Street
Parking Description
Driveway, Off Street
Road Surface
Concrete, Paved
Exterior Features
In Ground Pool, Outbuilding, Yard
Interior Features
Garage Door Opener, Hardwood Floors

Mortgage Calculator

Amount of Loan
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Term of Loan
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Calculator source: Real Geeks

Listing courtesy of Where, Inc. Selling Office: Vantage Point Properties Inc.

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