Trash or treasure? Value is primarily in the land with potential opportunities for redevelopment but possible remodel and enlarge the existing 1-bedroom cottage with full bath plus additional commode & sink in unfinished basement. Or use as temporary housing/rental while future plans are explored. New roof & gutters in 2024. Some remodeling was started and not completed in years past. Property includes a metal garage/shop (1440 sq ft) with concrete floor offering added utility. Buyers may consider potential for “middle housing”, multi-unit, or condo-style development, subject to zoning and jurisdictional requirements. Buyer to complete all due diligence regarding condition, allowable uses, density, and development feasibility. Property sold as-is/where is. CASH sale only. Could be great opportunity for investment.
Sold
$295,000
3739 SE Olsen St, Milwaukie, OR 97222
1beds
1,134sqft
Residential, Single Family Residence
Built in 1935
10,018 Square Feet Lot
$321,700 Zestimate®
$260/sqft
$2,039 Estimated rent
Home value
$321,700
$306,000 - $338,000
$2,039/mo
Zestimate® history
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Zillow last checked:
Listing updated:
Listed by:
Roger Hough 503-516-5688,
Better Homes & Gardens Realty
Bought with:
Brian Briggs, 201220806
Hardy Properties
Source: RMLS (OR),MLS#: 786176151
Facts & features
Interior
Bedrooms & bathrooms
- Bedrooms: 1
- Bathrooms: 2
- Full bathrooms: 1
- Partial bathrooms: 1
- Main level bathrooms: 1
Rooms
- Room types: Dining Room, Family Room, Kitchen, Living Room, Primary Bedroom
Primary bedroom
- Level: Main
Dining room
- Level: Main
Kitchen
- Level: Main
Living room
- Level: Main
Cooling
- None
Appliances
- Included: Free-Standing Refrigerator, Electric Water Heater
Features
- Storage
- Flooring: Concrete
- Windows: Double Pane Windows, Vinyl Frames, Wood Frames
- Basement: Exterior Entry,Partial,Unfinished
- Number of fireplaces: 1
- Fireplace features: Wood Burning
Interior area
- Total structure area: 1,134
- Total interior livable area: 1,134 sqft
Property
Parking
- Parking features: Driveway, Other, Detached, Oversized
- Has uncovered spaces: Yes
Accessibility
- Accessibility features: Past Accessibility, Accessibility
Features
- Levels: One
- Stories: 1
- Patio & porch: Porch
- Exterior features: Yard
- Fencing: Fenced
Lot
- Size: 10,018 Square Feet
- Dimensions: 10,152 SQ FT
- Features: Level, SqFt 10000 to 14999
Details
- Additional structures: Garagenull, Storage
- Parcel number: 00004211
- Zoning: R-MD
Construction
Type & style
- Home type: SingleFamily
- Architectural style: Bungalow
- Property subtype: Residential, Single Family Residence
Materials
- Metal Frame, Metal Siding, Hard Concrete Stucco
- Foundation: Concrete Perimeter
- Roof: Composition
Condition
- Fixer
- New construction: No
- Year built: 1935
Utilities & green energy
- Electric: 220 Volts
- Gas: Gas
- Sewer: Public Sewer
- Water: Public
Community & HOA
Community
- Security: Unknown
- Subdivision: Ardenwald
HOA
- Has HOA: No
Location
- Region: Milwaukie
Financial & listing details
- Price per square foot: $260/sqft
- Tax assessed value: $424,082
- Annual tax amount: $3,121
- Date on market: 4/15/2026
- Cumulative days on market: 11 days
- Listing terms: Cash
- Road surface type: Paved
Price history
| Date | Event | Price |
|---|---|---|
| 5/15/2026 | Sold | $295,000-9.2%$260/sqft |
Source:  RMLS (OR) #786176151 Report a problem | ||
| 4/28/2026 | Pending sale | $325,000$287/sqft |
Source: RMLS (OR) #786176151 Report a problem | ||
| 4/15/2026 | Listed for sale | $325,000+345.2%$287/sqft |
Source: RMLS (OR) #786176151 Report a problem | ||
| 2/21/1997 | Sold | $73,000$64/sqft |
Source: Public Record Report a problem | ||
Public tax history
| Year | Property taxes | Tax assessment |
|---|---|---|
| 2025 | $3,122 +3.5% | $141,876 +3% |
| 2024 | $3,015 +2.9% | $137,744 +3% |
| 2023 | $2,931 +5.3% | $133,733 +3% |
| 2022 | $2,784 +3.6% | $129,838 +3% |
| 2021 | $2,687 +3.2% | $126,057 +3% |
| 2020 | $2,603 +1.5% | $122,386 +3% |
| 2019 | $2,564 +12.5% | $118,822 +3% |
| 2018 | $2,280 | $115,361 +3% |
| 2017 | $2,280 +6.5% | $112,001 +3% |
| 2016 | $2,141 | $108,739 +3% |
| 2015 | $2,141 +5% | $105,572 +3% |
| 2014 | $2,039 +8.1% | $102,497 +3% |
| 2013 | $1,886 +2.5% | $99,512 +3% |
| 2012 | $1,840 +0.9% | $96,614 +3% |
| 2011 | $1,823 +5.6% | $93,800 +3% |
| 2010 | $1,727 +1% | $91,068 +3% |
| 2009 | $1,710 +5.7% | $88,416 +3% |
| 2008 | $1,619 +2.9% | $85,841 +3% |
| 2007 | $1,573 +12.2% | $83,341 +3% |
| 2006 | $1,402 +0.6% | $80,914 +3% |
| 2005 | $1,392 +4.2% | $78,557 +3% |
| 2004 | $1,336 +2% | $76,269 +3% |
| 2003 | $1,310 +3% | $74,048 +3% |
| 2002 | $1,272 +1.8% | $71,891 +3% |
| 2001 | $1,249 +2.3% | $69,797 +3% |
| 2000 | $1,221 | $67,764 |
Find assessor info on the county website
Neighborhood: Ardenwald
Nearby homes
- $513,0003 bd2 ba1.1k sqft3725 SE Olsen St, Milwaukie, OR 97222Off Market
- $425,7003 bd1 ba992 sqft3803 SE Olsen St, Milwaukie, OR 97222Off Market
- $452,8002 bd1 ba1.4k sqft3715 SE Olsen St, Milwaukie, OR 97222Off Market
- $644,0003 bd2 ba2.4k sqft3811 SE Olsen St, Portland, OR 97222Off Market
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- $508,6003 bd2 ba1.1k sqft3687 SE Olsen St, Milwaukie, OR 97222Off Market
- $533,3004 bd2 ba2.9k sqft3726 SE Olsen St, Milwaukie, OR 97222Off Market
Nearby schools
GreatSchools rating
- 6/10Ardenwald Elementary SchoolGrades: K-5Distance: 0.2 mi
- 3/10Rowe Middle SchoolGrades: 6-8Distance: 1.5 mi
- 2/10Milwaukie High SchoolGrades: 9-12Distance: 1.1 mi
Schools provided by the listing agent
- Elementary: Ardenwald
- 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.
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Estimated market value
$321,700
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Estimated market value
$321,700
- Oregon
- Clackamas County
- Milwaukie
- 97222
- Ardenwald
- 3739 SE Olsen St
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