3506 SE OLSEN ST, Milwaukie, OR 97222

$450,000
3
BD
1
BA
1,874
SqFt

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Sold Price
$450,000
List Price
$409,000
Closing Date
Feb 03, 2026
Days on Market
39
Status
SOLD
MLS#
316591569
Bedrooms
3
Bathrooms
1
Partial Bathrooms
1
Living Area
1,874
Lot Size
15, 000 to 19, 999 SqFt
Region
Milwaukie, Gladstone, Happy Valley, Clckmas, Dmscus, Estacada

Property Description

Opportunity knocks! This single-level 3 bedroom 1.5 bath home sits on a generous .38-acre flat/usable lot on a quiet residential street, offering endless potential. Featuring a large 2-car garage and original hardwood floors remain preserved beneath the carpet in select areas. This home is a prime candidate for sweat-equity updates, development potential or a full remodel. The expansive lot provides ample space for entertaining, gardening, or simply enjoying the privacy and flexibility rarely found at this price point. 1255 sq ft of finished living space with over 600 sq ft of additional opportunity to add in the unfinished basement. Priced to sell, this is an excellent opportunity for investors, renovators, or buyers looking to customize a home to their taste. Bring your vision and unlock the potential. Information is deemed reliable but not guaranteed, buyers to do their own due diligence when purchasing.

Additional Information

Tax Amount
$3,951
Year Built
1925
High School
Milwaukie
Elementary School
Ardenwald
Middle School
Rowe
Garage Spaces
2
Garage Type
Detached
Living Area
1,874
Stories
1
Property Type
Single Family Residence
Terms
Cash, Conventional, FHA
Accessibility Features
Main Floor Bedroom w/Bath, One Level
Master Bedroom Level
Main
Fuel Description
Electricity, Gas
Heating Description
Baseboard, Radiant
Hot Water Description
Gas
Exterior Description
Other
Roof Type
Composition
Sewer Description
Public Sewer
Style
1 Story, Ranch
Parking
Driveway
Parking Description
Driveway
Road Surface
Paved
Exterior Features
Fenced, Yard
Interior Features
Hardwood Floors, Wall to Wall Carpet, Washer/Dryer
Kitchen Appliances
Free-Standing Range, Free-Standing Refrigerator

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Calculator source: Real Geeks

Listing courtesy of Knipe Realty ERA Powered. Selling Office: MORE Realty.

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.