Property Attributes
- MLS#412802149
- TypeSingle Family
- Listing Status Active
- CountyCLACKAMAS
- CityPortland
- Area145
- NeighborhoodOlson Acres
- Zip97206
- StyleStories2
- Year Built1935
- Taxes$ 3966
- Price$ 649,900
- Bedrooms3
- Full Bathrooms2
- Half Bathrooms0
- Sqr Footage3627
- Lot Size0.27 Acres
Data Source:
Regional Multiple Listing Service (RMLSOR)
Property Description
Rare opportunity with multiple income streams and exceptional flexibility. This unique property offers 4 separate components: 1) a 3 bed/2 bath rental house 2087SF, 2) an office space with 5 separate workstations and a restroom (approx. 840 SF), 3) a detached garage/shop with heat, a bathroom with a walk-in shower, and approx. 700 SF, 220V power, and its own electric meter, and 4) a fenced gravel lot. Ideal for investors, owner-users, or buyers seeking flexible space for rental income, business use, storage, or workspace. Gated/fenced setup offers added utility and versatility in a convenient SE Portland location. Buyer to verify all uses, zoning, square footage, and lease terms.
| Elementary School | Middle School | High School |
|---|---|---|
| Ardenwald Elementary School | Rowe Middle School | Milwaukie High School |
| Price History | |
|---|---|
| 5/1/2026 | Listed $749,000 |
| 6/13/2026 | 8$695,000 |
| 8/10/2026 | 7$649,900 |
General Features
| Sewer | PublicSewer |
|---|---|
| Heating | Baseboard,WoodStove |
| Roof | Composition |
| Garage Spaces | 2.0 |
| Architectural Style | Stories2 |
| Year Built | 1935 |
| Stories Count | 2 |
| Property Subtype | SingleFamilyResidence |
| Parcel Number | 00068214 |
| County | Clackamas |
| Property Type | Residential |
| HOA | No |
| Subdivision Name | Olson Acres |
| Full Baths | 2 |
| Status | Active |
| Directions | Johnson Creek to Stanley |
| High School | Milwaukie |
| City | Portland |
| Disclosures | Disclosure |
| MLS Area | _145 |
| Lot Size Square Feet | 11761.0 |
| Listing Terms | Cash,Conventional |
| Elementary School | Ardenwald |
| Tax Annual Amount | 3966.22 |
| Middle/Junior High School | Rowe |
| Property Condition | Approximately |
| Standard Status | Active |
| Accessory Dwelling Unit Y/N | No |
| Legal Description | 462 OLSON ACRES PT LT 6 |
| AttributionContact | Lizbeth@treecityhomes.com |
| SeniorCommunityYn | False |
| ADU | False |
Interior Features
| Interior Amenities | WoodFloors |
|---|---|
| Basement | CrawlSpace |
| Total Fireplaces | 1 |
| Fireplace Features | WoodBurning |
| Total Bathrooms | 2.0 |
| FuelDescription | Electricity,WoodBurning |
| Total Bedrooms | 3 |
| Total Baths | 2 |
Exterior Features
| Exterior Amenities | Fenced,PublicRoad,Workshop,Yard |
|---|---|
| Lot Features | CornerLot,Level |
| Water Source | PublicWater |
| Total Parking | 2.0 |
| Garage Type | Detached |
| Exterior Description | Other,Plywood |
| Foundation Details | ConcretePerimeter |
| Building Area Total | 3627.0 |
| Lot Size Acres | 0.27 |
| Road Surface Type | Paved |
Amenities
- Foreclosure
- Views
- Short Sale
- New Construction
- Adult 55+
- Lease To Own
- No HOA Fees
- Furnished
- Primary On Main
- Air Conditioning
- Seller Finance
- Green
- Fixer Upper
- Horse
- Golf
- Fireplace
- Deck
- Garage
- Basement
- Pool
All information provided is deemed reliable but is not guaranteed and should be independently verified. IDX information is provided exclusively for consumers' personal, non-commercial use, that it may not be used for any purpose other than to identify prospective properties consumers may be interested in purchasing, and that the data is deemed reliable but is not guaranteed accurate by RMLSTM.
The content relating to real estate for sale on this web site comes in part from the IDX program of the RMLSTM of Portland, Oregon. Real estate listings held by brokerage firms other than Portland are marked with the RMLSTM logo, and detailed information about these properties includes the names of the listing brokers. Listing content is copyright © 2026 RMLSTM, Portland, Oregon.
This content last updated on September 11, 2026 7:36 AM UTC at 4 AM. Some properties which appear for sale on this web site may subsequently have sold or may no longer be available.
Southern Oregon Multiple Listing Service All information deemed reliable but not guaranteed. All properties are subject to prior sale, change or withdrawal. Neither listing broker(s) or information provider(s) shall be responsible for any typographical errors, misinformation, misprints and shall be held totally harmless. Listing(s) information is provided for consumer's personal, non-commercial use and may not be used for any purpose other than to identify prospective properties consumers may be