3628 SE Wake St, Milwaukie, OR 97222
Local realty services provided by:Better Homes and Gardens Real Estate Equinox
Listed by: troy d doty p.c.
Office: northwest realty source503-719-4336
MLS#:178806652
Source:PORTLAND
Price summary
- Price:$650,000
- Price per sq. ft.:$173.33
About this home
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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Home facts
- Year built:1920
- Listing ID #:178806652
- Added:5 day(s) ago
- Updated:October 07, 2026 at 12:46 PM
Rooms and interior
- Basement Description:Full Basement, Partial Finished, Storage Space
- Living area:3,750 sq. ft.
Heating and cooling
- Cooling:Central Air
- Heating:Forced Air 90
Structure and exterior
- Roof:Composition
- Year built:1920
- Building area:3,750 sq. ft.
- Lot area:0.33 Acres
- Lot Features:Level, Private, Trees
- Foundation Description:Concrete Perimeter, Slab
- Levels:3 Stories
Schools
- High school:Milwaukie
- Middle school:Rowe
- Elementary school:Ardenwald
Utilities
- Water:Public Water
- Sewer:Public Sewer
Finances and disclosures
- Price:$650,000
- Price per sq. ft.:$173.33
- Tax amount:$4,941 (2025)
Parking
- Total parking spaces:3
- Parking description:Off Street, Paved
- Garage spaces:1
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