4393 Southeast Lake Road

Milwaukie, OR 97222

$825,000
Price
—
Beds
3,350 Sq. Ft.
$246 / Sq. Ft.
3,350
Sq. Ft.
$246
per Sq. Ft.
a front view of a house with a yard and garage
a front view of a house with a yard and tree s
a front view of a house with a yard
a view of a house with a yard
a backyard of a house with barbeque oven table and chairs
a view of a yard with plants and large trees
a living room with furniture and a fireplace
a living room with furniture and a fireplace
a living room with furniture and a window
a view of hallway with walk in closet
a kitchen with stainless steel appliances granite countertop a stove a sink and a microwave
a kitchen with kitchen island granite countertop white cabinets and white appliances
a workspace with furniture and a window
a bedroom with a bed and a flat screen tv
a bedroom with a bed and a closet
a bathroom with a sink vanity mirror and toilet
a bedroom with furniture and a chandelier
a view of a dining room with furniture and window
a living room with furniture and a window
a living room with furniture and a large window
a view of a dining room with furniture and wooden floor
a living room with furniture rug and wooden floor
a bedroom with a bed and wooden floor
a bathroom with a sink a toilet and shower
a picture of a bathroom with a shower curtain and a potted plant
a kitchen with kitchen island a sink stove and refrigerator
a kitchen with a sink cabinets and window
a view of livingroom with furniture
a bathroom with a sink and a shower
a view of a house with a yard patio and fire pit

Description

Best location, style, and value! Triplex Investment with Massive Upside Potential on Oversized Lot! Neighborhood of tree-lined streets and new development of luxury $800,000 SFR homes. Property is 1 mile to popular downtown Milwaukie, MAX train and new riverfront park. Easy place to live without a car. Bike path along newly paved Lake Rd, less than 10 minutes to New Seasons, Bob's Red Mill Cafe, farmer's market, and Clackamas Town Center. Upstairs: 3 bed/2 bath home with deck and huge, private backyard....Best location, style, and value! Triplex Investment with Massive Upside Potential on Oversized Lot! Neighborhood of tree-lined streets and new development of luxury $800,000 SFR homes. Property is 1 mile to popular downtown Milwaukie, MAX train and new riverfront park. Easy place to live without a car. Bike path along newly paved Lake Rd, less than 10 minutes to New Seasons, Bob's Red Mill Cafe, farmer's market, and Clackamas Town Center. Upstairs: 3 bed/2 bath home with deck and huge, private backyard. Ground level: Two 1 bed/1 bath inviting apartments. Good condition with new paint + roof. Currently zoned for 4plex, may add more rental structures according to city-massive upside potential!
  1. Listed by John Hefferin • Nostalgic Home Realty

Property Details for 4393 Southeast Lake Road

Subdivision
1 mile from downtown Milwaukie
Parking Features
Garage, Off Street
Zoning
R10
View
Trees Woods
Garage Spaces
1.00
Parking Total
7.00
LISTING UPDATED: 08/05/2024 03:00 AM

Property Details for 4393 Southeast Lake Road

StatusActive
MLS #24289122
Days on Market143
Taxes$5,424 / year
HOA Fees-
Condo/Co-op Fees-
Compass TypeMulti Family
MLS TypeMulti Family
Year Built1929
Lot Size-
CountyClackamas County

Building Information for 4393 Southeast Lake Road

Stories2Residences3Year Built1929Building Size-Lot Size-

Property Information for 4393 Southeast Lake Road

Summary
Location and General Information
  • Country: US
  • Directions: Freeman (at Bob's Red Mill famous Cafe)
  • Road Surface: Paved
School Information
  • High School: Milwaukie
  • Middle Or Junior School: Rowe
Taxes and HOA
  • Tax Annual Amount: $5,424.06
  • Parcel Number: 00095890
  • Tax Legal Description: SECTION 31 TOWNSHIP 1S RANGE 2E QUARTER CC TAX LOT 00901
Property
Lot Information
  • Lot Description: Gentle Sloping, Level
  • Lot Size Range: Sq Ft15000to19999
  • Lot Size: 15,000 to 19,999 Sq Ft
Property and Assessments
  • Property Type: Multi Family
  • Water Description: Public Water
  • Property Condition: Approximately
  • Year Built: 1929
Utilities
  • Fuel Description: Electricity, Gas
  • Heating Description: Baseboard, Forced Air, Gas Stove
  • Hot Water Description: Electricity, Gas
  • Sewer Description: Public Sewer
  • Rent Includes: Trash Collection
Interior and Exterior Features
Exterior Features
  • Exterior Description: Cement Siding
  • Roof Type: Composition
Interior Features
  • Basement: None
  • Foundation Details: Slab
  • Stories: 2
Multi Family
Multi-Family Information
  • Number Of Units Total: 3
  • Gross Income Actual: $69,540.00
  • Gross Rent Multiplier: $11.86
  • Net Income Actual: $64,740.00
  • Operating Expense: $4,800.00
  • Storage: Garage
  • Unit Type Type: Unit Type Type1, Unit Type Type2, Unit Type Type3
  • SqFt Approximate Building Total: 3350
Unit 1 Information
  • Unit Type 1 Baths Total: 2
  • Unit Type 1 Beds Total: 3
  • Unit Type 1 Features: Deck, Range, Refrigerator, Washer Dryer
  • Unit Type 1 Rent: $2,800
  • Unit Type 1 SqFt: 1513.0
  • Unit Type 1 Units Total: 1
Unit 2 Information
  • Unit Type 2 Baths Total: 1
  • Unit Type 2 Beds Total: 1
  • Unit Type 2 Features: Disposal, Range, Refrigerator, Unfurnished
  • Unit Type 2 Rent: $1,400
  • Unit Type 2 SqFt: 897.0
  • Unit Type 2 Units Total: 1
Unit 3 Information
  • Unit Type 3 Baths Total: 1
  • Unit Type 3 Beds Total: 1
  • Unit Type 3 Features: Disposal, Refrigerator, Unfurnished, Washer Dryer Hookup
  • Unit Type 3 Rent: $1,595
  • Unit Type 3 SqFt: 940.0
  • Unit Type 3 Units Total: 1

Schools near 4393 Southeast Lake Road

This home is within North Clackamas School District 12.
Rating
School
Type
Grades
Distance
Campbell Elementary School
Public - K to 6
Rowe Middle School
Public - 6 to 8
Milwaukie High School
Public - 9 to 12
Sojourner School
Public - K to 5
Rating
School
Distance
Campbell Elementary School
PublicK to 6

Rowe Middle School
Public6 to 8

Milwaukie High School
Public9 to 12

Sojourner School
PublicK to 5

School ratings and boundaries are provided by GreatSchools.org and Pitney Bowes. This information should only be used as a reference. Proximity or boundaries shown here are not a guarantee of enrollment. Please reach out to schools directly to verify all information and enrollment eligibility.

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More information about 4393 Southeast Lake Road, Milwaukie, OR 97222

4393 Southeast Lake Road is a multi-family home for sale in Milwaukie, OR 97222. This property was listed for sale on June 26, 2024 by Nostalgic Home Realty, it's currently listed at $825,000. This listing's school district is North Clackamas School District 12. Nearby schools include Campbell Elementary School, Rowe Middle School and Milwaukie High School. 4393 Southeast Lake Road is a 0-bed, 0-bath, 3,350 sqft multi-family home built in 1929.

No guarantee, warranty or representation of any kind is made regarding the completeness or accuracy of descriptions or measurements (including square footage measurements and property condition), such should be independently verified, and Compass expressly disclaims any liability in connection therewith. Photos may be virtually staged or digitally enhanced and may not reflect actual property conditions. Offers of compensation are subject to change at the discretion of the seller. No financial or legal advice provided. Equal Housing Opportunity.

Listing Courtesy of Nostalgic Home Realty

All information provided is deemed reliable but is not guaranteed and should be independently verified. The content relating to real estate for sale on this web site comes in part from the IDX program of the RMLS of Portland Oregon. Real estate listings held by brokerage firms other than Compass are marked with the RMLS logo and detailed information about these properties includes the names of the listing brokers. Copyright © 2024 RMLS, Portland, Oregon. Last updated: 08/05/2024 03:00 AM