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Listed by Keller Williams Realty Portland Premiere

$2,450,000

Est. payment - /mo

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4,898 SqFt

Open Sun 1PM-3PM

SE 19th AVE Milwaukie, OR 97222

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Paul Sowards

paulalexsow@gmail.com +1(503) 781-8652

OPEN HOUSE

Sun Nov 24, 1:00pm - 3:00pm

UPDATED:

11/21/2024 08:48 AM

Key Details

Property Type Multi-Family

Listing Status Active

Purchase Type For Sale

Square Footage 4,898 sqft

Price per Sqft $500

Subdivision Island Station

MLS Listing ID 24231014

Year Built 1938

Annual Tax Amount $22,081

Tax Year 2023

Lot Size 1.690 Acres

Property Description

This is a once-in-a-lifetime opportunity to own your dream riverfront compound with not one, but TWO beautifully updated homes, set on a sprawling 1.69-acre lot with stunning river views. Whether you’re looking for multi-generational living, rental potential, or simply the space to spread out and enjoy the best of both worlds, this property offers it all. The first home features 4 bedrooms and 3 full baths, including a separate living quarters on the lower level, ideal for guests or multigen living. An expansive deck stretches across the back, perfect for outdoor dining and enjoying the breathtaking river views. Inside, the chef-inspired kitchen boasts high-end finishes and is perfect for entertaining, while the open-concept living areas provide plenty of space for relaxation and enjoyment. The second home offers 3 bedrooms and 1 full and 2 half baths, with an expansive deck that overlooks the river and property. The lower level provides additional space ready for customization to suit your needs, whether as a workshop, home office, or more living space. The gorgeous open-concept floor plan connects the living, dining, and kitchen areas, creating a bright and inviting atmosphere. In between the two homes, you’ll find 3 buildable lots, offering even more potential for expansion, whether you want to grow your compound or preserve the open space for privacy. Enjoy the ultimate combination of peaceful riverfront living and convenience, with easy access to Highway 99E for quick commuting and just 0.6 miles to downtown for shopping, dining, coffee shops, and more. With two stunning homes, ample land, and endless possibilities, this rare riverfront property is a must-see.

Location

State OR

County Clackamas

Area _145

Zoning R-MD

Rooms

Basement Partially Finished, Separate Living Quarters Apartment Aux Living Unit

Interior

Heating Forced Air, Wall Heater

Exterior

Garage Spaces 2.0

Waterfront Yes

Waterfront Description RiverFront

View River, Territorial, Trees Woods

Roof Type Composition

Garage No

Building

Lot Description Gentle Sloping, Level

Story 2

Sewer Public Sewer

Water Public Water

Level or Stories 2

Schools

Elementary Schools Oak Grove

Middle Schools Alder Creek

High Schools Putnam

Others

Acceptable Financing Cash, Conventional

Listing Terms Cash, Conventional

Regional Multiple Listing Service (RMLS)

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Paul Sowards

Broker

+1(503) 781-8652