5 months on rocket

4393 SE Lake Rd, Milwaukie, OR, 97222

$825,000

Home List Price

$9,797*

Closing Credit

0 Baths
3,350 SqFt
$246/SqFt
House

Location

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4393 SE Lake Rd, Milwaukie$825,000

Buyer Closing Credits

$9,797*

1.25% Loan Amount

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Property Highlights

Home TypeOther
ParkingGarage, Street Parking
Garage1 space
Year Built1929
HeatingBaseboard, Forced Air
ViewTrees/Woods
MLS #24289122
StatusActive

About 4393 SE Lake Rd

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!

Property Details

Property Features

Property Information:

  • Year Built: 1929
  • Stories: 2
  • Living Area: 3,350 SqFt

Listing Office:

  • Office Name: Nostalgic Home Realty
  • Office Phone: (503) 358-2048
  • Listing Agent: John Hefferin

Interior Features

Interior Information:

  • Basement: No

Exterior Features

Exterior Information:

  • View: Trees/Woods

Parking Information:

  • Garage Space: 1 space
  • Attached Garage: No
  • Parking: Garage, Street Parking

Lot Features

Lot Information:

  • Lot: Gentle Sloping, Level

Utilities

Utilities Information:

  • Heating: Baseboard, Forced Air

Other

Directions Information:

  • Directions: Freeman (at Bob's Red Mill famous Cafe)

Price Information

Listing Price Info

Price Summary:

  • List Price: $825,000
  • Price Per SqFt: $246/SqFt
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Housing Market Comparison

See how this home compares to others in Milwaukie, OR.

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Milwaukie, OR

City

Med. Sold Price

$504K

Med. Price/SqFt

$303

Avg. Days On Market

24

# of Sold Homes

17

4393 SE Lake Rd vs Milwaukie

174 DAYS ON ROCKET

+150 Days

$825,000

+$321K More

$246/SqFt

-$58 Less

KEY TAKEAWAY

This property is $321K more than the Median Sold Price and $58/SqFt less than other homes in Milwaukie, OR.

Based on homes sold in the last 12 months

MLS Details

MLS Information:

  • MLS Name: Regional Multiple Listing Service, Inc.
  • MLS Number: #24289122

Listing Office:

  • Office Name: Nostalgic Home Realty
  • Office Phone: (503) 358-2048
  • Listing Agent: John Hefferin

IDXThe 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 another brokerage firm are marked with the RMLS logo, and detailed information about these properties includes the names of the listing brokers. Listing content is copyright © 2024 Regional Multiple Listing Service, Inc. (RMLS™) Portland, Oregon.

The information on this web site is provided exclusively for consumers' personal, non-commercial use and may not be used for any purpose other than to identify prospective properties consumers may be interested in purchasing. We are not responsible or liable for misinformation, misprints, or typographical errors. All information provided is deemed reliable but is not guaranteed and should be independently verified through personal inspection by and/or with the appropriate professionals. Properties subject to prior sale, change, withdrawal or rental. All data, including all measurements and calculations of area, is obtained from various sources and has not been, and will not be, verified by broker or MLS. All information should be independently reviewed and verified for accuracy. Properties may or may not be listed by the office/agent presenting the information.

Data displayed may be a portion of, and not a complete set of all listings published in the MLS.
Last updated on: 12/18/2024, 5:20:58 AM Eastern. If you have any questions regarding the accuracy of this data, please contact us at help@rockethomes.com.

Property Sales & Tax

We're sorry, we currently don't have sales or tax history data for this listing.

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$4,185

Per Month

Recommended Financing

30-Year Fixed

Rate/APR

7.5% / 6.68%

Total Monthly Payment

$2,540

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NMLS#3030

Schools

Schools Nearby

The school rating is a score out of 10, where 10 is the highest and 1 is the lowest. Assigned schools have a bold outline.

Nearby Schools

school-card-donut-4406708
3
/10

  • Linwood Elementary School

  • 11909 SE Linwood Ave

  • 0.86 miles

  • Public District Grades KG-5

school-card-donut-4406709
8
/10

  • Sojourner School

  • 11909 SE Linwood Ave

  • 0.86 miles

  • Public District Grades KG-5

school-card-donut-4406710
7
/10

  • View Acres Elementary School

  • 4828 SE View Acres Rd

  • 1.04 miles

  • Public District Grades KG-5

All data from GreatSchools

Neighborhood

What Are The Neighbors Like?

The neighbors living near this home have an average income of $98,512. Typical income of Milwaukie, OR residents is between $100k-200k annually. Residents typically live in married, no kids family. The most common level of education of people living in this area is post secondary degree.

All data provided by Home Junction and Claritas

Frequently Asked Questions About 4393 SE Lake Rd

What is the listing price of this property?

The listing price of 4393 SE Lake Rd property is $825,000.

What type of property is this?

The property 4393 SE Lake Rd is a house located in Milwaukie, Oregon, 97222.

Is this property for sale now?

Active Listing: 4393 SE Lake Rd is For Sale (Active/New) which means the seller is accepting offers.

What is the square footage of this property?

The property 4393 SE Lake Rd is 3,350 SqFt (source: MLS/tax record).

Which year was this property built?

The year of construction for 4393 SE Lake Rd is 1929.

Rocket Homes›Oregon›Clackamas County›Milwaukie›97222›4393 SE Lake Rd

This home is located at 4393 SE Lake Rd in Milwaukie, OR and zip code 97222 in the Northridge Condominiums neighborhood. This 3,350 square foot home was built in 1929. It has been listed on Rocket Homes since June 26, 2024 and is currently priced at $825,000.

In November 2024, from all listings sold in Milwaukie, OR there were more than 11 sold above asking price, over 3 sold below and more than 3 were sold right at the asked price. Between October 2024 and November 2024, Milwaukie, OR real estate market has seen decrease in the number of listings by 13.9%. While the average time on the market in November 2024 was 24 days, the median list price was $504,000.

From Rocket Homes Real Estate and based on county public records data.

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