Skip main navigation
Active
  • Price cut: $12.5K (5/28)
    $537,500

    3525 SE Lake Rd, Milwaukie, OR 97222

    3beds
    1,584sqft
    : 
    Loading
    Get pre-qualified
    Residential, Single Family Residence
    Built in 1912
    0.65 Acres Lot
    $-- Zestimate®
    $339/sqft
    $-- HOA

    What's special

    Build your dream home on Lake Rd with the added advantage of space, flexibility, and groundwork already in place. This 28,170 SF property spans two lots, offering a rare opportunity to create a custom residence while still leaving room for future options.The existing 3 bed, 1 bath home of approximately 1,584 SF is currently on site, providing flexibility for those considering a renovation, hold strategy, or a fresh start tailored to their vision. Survey, topographical survey, and Geotech report have already been completed and are available for review, helping streamline early-stage planning and due diligence.Beyond a primary residence, the property also presents potential for multi-unit development or future partitioning, giving builders and investors additional paths to explore without taking away from its appeal as a single homesite.Well suited for those looking to build, invest, or secure land with long-term upside in a growing area. Buyer to perform own due diligence regarding development potential, zoning, and permitted uses.
    82 days
    |
    652
    |
    23
    |

    Zillow last checked:

    Listing updated:

    Listed by:

    Jacob Aveling 503-753-4297,

    Fathom Realty Oregon, LLC

    Source: RMLS (OR),MLS#: 127072913MLS Logo

    Loading...

      Facts & features

      Interior

      Bedrooms & bathrooms
      • Bedrooms: 3
      • Bathrooms: 1
      • Full bathrooms: 1
      • Main level bathrooms: 1
      Rooms
      • Room types: Bedroom 2, Bedroom 3, Dining Room, Family Room, Kitchen, Living Room, Primary Bedroom
      Primary bedroom
      • Level: Main
      Heating
      • Baseboard
      Features
      • Basement: Unfinished
      Interior area
      • Total structure area: 1,584
      • Total interior livable area: 1,584 sqft

      Property

      Features
      • Levels: One
      • Stories: 1
      Lot
      • Size: 0.65 Acres
      • Features: SqFt 20000 to Acres1
      Details
      • Parcel number: 00033494

      Construction

      Type & style
      • Home type: SingleFamily
      • Property subtype: Residential, Single Family Residence
      Materials
      • Wood Siding
      • Foundation: Concrete Perimeter
      Condition
      • Fixer
      • New construction: No
      • Year built: 1912

      Utilities & green energy

      • Sewer: Public Sewer
      • Water: Public

      Community & HOA

      HOA
      • Has HOA: No
      Location
      • Region: Milwaukie

      Financial & listing details

      • Price per square foot: $339/sqft
      • Tax assessed value: $376,471
      • Annual tax amount: $3,543
      • Date on market: 4/10/2026
      • Listing terms: Call Listing Agent,Cash,Other

        Estimated market value

        Not available

        Estimated sales range

        Not available

        Not available

        Price history

        DateEventPrice
        5/28/2026Price change$537,500-2.3%$339/sqft
        Source: RMLS (OR) #127072913 Report a problem
        4/10/2026Listed for sale$550,000+22.2%$347/sqft
        Source: RMLS (OR) #127072913 Report a problem
        4/16/2025Sold$450,000-14.3%$284/sqft
        Source: RMLS (OR) #630951089 Report a problem
        3/15/2025Pending sale$525,000$331/sqft
        Source: RMLS (OR) #630951089 Report a problem
        3/15/2025Listed for sale$525,000+337.5%$331/sqft
        Source: RMLS (OR) #630951089 Report a problem
        7/11/2000Sold$120,000$76/sqft
        Source: Public Record Report a problem

        Public tax history

        YearProperty taxesTax assessment
        2025$3,544 +3.5%$161,047 +3%
        2024$3,422 +2.9%$156,357 +3%
        2023$3,327 $151,803

        Find assessor info on the county website

        Monthly payment

        Est. payment

        Payment breakdown

        Explore the cost of this home by adjusting the details. Changes won't be saved.
        All calculations are estimates and provided by Zillow, Inc. for informational purposes only. Actual amounts may vary.
        HOA fees may include property taxes on listings classified as Co-Ops. Contact the listing agent and/or owner for fee details.
        Mortgage interest rates are dependent on a number of factors, including credit score, down payment, and repayment length. Interest rate data provided by Zillow Group Marketplace, Inc. as of 1/1/1970 from various mortgage lenders with which we have lead or other similar arrangements; the Estimated Payment is an average of those rates.
        See how much you could borrow to make a competitive offer.

        Climate risks

        Neighborhood: Lake Road

        Getting around

        50 / 100
        Car-Dependent
        46 / 100
        Some Transit
        60 / 100
        Bikeable

        Nearby schools

        GreatSchools rating
        Schools provided by the listing agent
        • Elementary: Milwaukie
        • Middle: Rowe
        • High: Milwaukie

        Source: RMLS (OR). This data may not be complete. We recommend contacting the local school district to confirm school assignments for this home.

        A local agent can set up tours, give advice and negotiate with sellers.

        Browse local experts

        Similar homes

        Skip to the end of the carouselSkip to the beginning of the carousel