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(541) 314-8609
Real Estate Company
3628 SE Wake ST, Milwaukie, OR 97222
- $650,000
- 3,750
- SqFt
- List Price
- $650,000
- Days on Market
- 0
- MLS#
- 178806652
- Property Type
- Multifamily
- Sqft. of Residence
- 3,750
- Lot Size
- 10, 000 to 14, 999 SqFt
- Region
- Milwaukie, Gladstone, Happy Valley, Clckmas, Dmscus, Estacada
- Status
- ACTIVE
Property Description
Rare opportunity to own a fully renovated triplex in the heart of Milwaukie, ready to go from day one. Whether you're an investor looking to fill all three units at today's market rents, or a buyer who wants to live in one unit and let the others help pay the mortgage, this property checks every box.The main floor unit offers two bedrooms and two bathrooms, plus two additional finished basement rooms that could become legal bedrooms three and four with the addition of egress windows. With its generous layout, it makes an ideal owner occupied home. Upstairs you'll find a studio apartment and a separate one bedroom unit, both freshly updated, vacant, and ready for tenants of your choosing. The big work has already been done for you. In 2026 the property received new Hardie Plank siding, new luxury vinyl flooring and carpet in every unit, all new water heaters and toilets, and fresh interior and exterior paint throughout. All three kitchens feature new appliances, the plumbing has been updated throughout, and the light fixtures have been refreshed. You'll also enjoy vinyl windows, a large, 2024 high efficiency gas furnace, a roof replaced in 2018, and a low maintenance Trex deck for relaxing outdoors. A detached garage offers the potential for additional income. The lot is very large, with room to add more parking or even explore an additional ADU, buyer to verify. Set in a great Milwaukie location, convenient to shopping, dining, parks, and easy commutes throughout the Portland metro. Turnkey triplexes like this don't come along often, so schedule your showing today!
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Additional Information
- Tax Amount
- $4,941
- Year Built
- 1920
- High School
- Milwaukie
- Elementary School
- Ardenwald
- Middle School
- Rowe
- Garage Spaces
- 1
- Acres
- 0.33
- Living Area
- 3,750
- Stories
- 3
- Lot Size Dimension
- 75.8' X 193'
- Terms
- Cash, Conventional, FHA, VA Loan
- Cooling Description
- Central Air
- Fuel Description
- Electricity, Gas
- Heating Description
- Forced Air - 90%, Wall Heater
- Hoa Rent Includes
- Maintenance Grounds, Sewer, Trash Collection, Water
- Hot Water Description
- Electricity, Tank
- Exterior Description
- Cement Siding
- Roof Type
- Composition
- Sewer Description
- Public Sewer
- Parking
- Off Street, Paved
- Security Or Entry
- Security Lights
- Parking Description
- Off Street, Paved
- Road Surface
- Paved
- Number Of Units Total
- 3
- Unit Type One Baths Total
- 2
- Unit Type One Beds Total
- 3
- Unit Type One Rent
- 2550
- Unit Type One Sq Ft
- 1685
- Unit Type One Units Total
- 1
- Unit Type Two Baths Total
- 1
- Unit Type Two Beds Total
- 1
- Unit Type Two Units Total
- 1
- Unit Type Three Baths Total
- 1
- Unit Type Three Beds Total
- 1
- Unit Type Three Rent
- 1100
- Unit Type Three Sq Ft
- 550
- Unit Type Three Units Total
- 1
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Listing courtesy of Northwest Realty Source.
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.