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$550,000 Just Listed

  • For Sale
  • Active
  • Single Family
  • 3 Beds
  • 1 Full Bath
  • 1,584 Sq. Ft.
  • Updated 5 hours ago
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Prime development opportunity on Lake Rd with land use groundwork already in motion. This 28,170 SF property consists of two lots with city approval in place to combine into one parcel and develop three detached triplexes, creating a total of nine units. Upon completion of the land use process, the property may also be partitioned into three separate buildable lots for single dwelling residences, offering flexible exit strategies for builders and investors.Existing 3 bed, 1 bath home at approximately 1,584 SF is on site and slated for removal, clearing the way for redevelopment. Geotechnical report and survey are complete and available for review, helping reduce upfront due diligence time.Ideal for developers seeking a project with momentum, optionality, and strong upside in a growing area. Buyer to perform own due diligence regarding development, zoning, and permitted uses.

Full Property Details for 3525 SE Lake Rd

General

  • Price: $550,000
  • Taxes: $3,543 (2025)
  • Status: Active
  • Type: Single Family
  • Source: RWMLS
  • MLS ID: 127072913
  • Updated: Today (4/10/2026)
  • Added to Site: Today

Rooms

Bathrooms

  • Total Bathrooms: 1
  • Full Bathrooms: 1
  • Main - Full Baths: 1

Bedrooms

  • Total Bedrooms: 3
  • Primary Bedroom: Main

Location

  • County: Clackamas
  • Driving Directions: Lake Rd East Past 35th on your left.

School Information

  • Elementary School: Milwaukie
  • Middle School: Rowe
  • High School: Milwaukie

Community

  • Community Name: 145 - Milwaukie, Gladstone, Happy Valley, Clckmas, Dmscus, Estacada

Heating & Cooling

  • Heating Type: Baseboard
  • Heating Fuel: Electricity

Utilities

  • Sewer: Public Sewer
  • Water: Public Water

Structural Information

  • Property Detached: Yes
  • Architectural Style: 1 Story
  • Basement Desc.: Unfinished
  • Stories/Levels: 1
  • Square Feet: 1,584
  • Year Built: 1912
  • Property Condition: Fixer

Lot Features

  • Lot Size (Acres): 0.65
  • Lot Size (Sq. Ft.): 28,314
  • Lot Size: 20, 000 SqFt to .99 Acres

Financial Considerations

  • Tax Amount: $3,543.76
  • Tax Year: 2025
  • Terms: Call Listing Agent, Cash, Other

Disclosures and Reports

  • Legal Description: SUBDIVISION QUINCY ADD 168 PT BLKS 26 & 29
  • Disclosures/Reports: Disclosure
  • Property ID: 33494

Listed by Fathom Realty Oregon, LLC (541) 316-9643, Jacob Aveling (503) 753-4297

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Listing agent

— 3525 SE Lake Rd —

  • Jacob Aveling

    Fathom Realty Oregon, LLC

    541-316-9643

503-753-4297

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NMLS#: 1598647

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Save up to an additional 20% by bundling your home and auto together!

Be ready to buy your new home!

with our affiliated lender
NMLS#: 1598647

Get Pre-Approved

Find the right home insurance for your new home!

with our affiliated in-house agency

Request a Quote

Save up to an additional 20% by bundling your home and auto together!

Schools serving 3525 SE Lake Rd

School District:North Clackamas School District 12
NameGradesDistance
Milwaukie El Puente Elementary School
11250 Southeast 27th Avenue, Milwaukie, OR 97222
K-50.5 mi
Rowe Middle School
3606 Southeast Lake Road, Milwaukie, OR 97222
6-80.2 mi
Milwaukie High School
2301 Southeast Willard Street, Milwaukie, OR 97222
9-120.7 mi
Disclaimer: School attendance boundaries provided by ATTOM Data Solutions and are for reference only. Contact the school directly to verify enrollment eligibility.

Price & Sales History for 3525 SE Lake Rd Get Price Alerts and Save Property

Date
Details
Price
Change
Source
4/10/2026
Listed
$550,000
22.22%
MLS
4/07/2025
Sold
$450,000
—
Public Record
Get Price Alerts and Save Property
Disclaimer: Historical sales information is derived from public records provided by the county offices. Information is not guaranteed and should be independently verified.

Tax History for 3525 SE Lake Rd

Year
Property Taxes
Change
Tax Assessment
Change
2025
$3,544
4%
$161,047
3%
2024
$3,422
3%
$156,357
3%
2023
$3,327
—
$151,803
—
Disclaimer: Historical tax information is derived from public records provided by the county offices. Information is not guaranteed and should be independently verified.

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Listed by Fathom Realty Oregon, LLC (541) 316-9643, Jacob Aveling (503) 753-4297

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3525 SE Lake Rd, Milwaukie, OR 97222 (MLS# 127072913) is a Single Family property with 3 bedrooms and 1 full bathroom. 3525 SE Lake Rd is currently listed for $550,000 and was received on April 10, 2026. Want to learn more about 3525 SE Lake Rd? Do you have questions about finding other Single Family real estate for sale in Northwest Heights? You can browse all Northwest Heights real estate or contact a Coldwell Banker agent to request more information.

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