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3123 SE Olsen St, Milwaukie, OR 97222

$489,000

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Property Description

This bright and happy home in coveted Ardenwald has been lovingly maintained and offers everything you need, including a brand-new roof. Beautifully updated custom kitchen, bright living room, large bathroom with a soaking tub and walk-in shower, and a second bedroom, all on the main floor. Upstairs features a lovely primary suite with two closets and a well-appointed bathroom. Custom-built-in woodwork, heated bathroom floors on the main, and ample storage make this house a standout! The living space extends to the gracious covered patio with a gas grill. Lovely, sunny yard with raised beds, irrigation, and built-in drainage. A large 3-car garage/shop offers ample space for all your hobbies and vehicles. Lots of storage options, from the roomy basement to the shop. This house has been a successful vacation rental for several years, thanks to its neighborhood mixed-use zoning (NMU). [Home Energy Score = 6. HES Report at https://rpt.greenbuildingregistry.com/hes/OR10244214]

3123 SE Olsen St | MLS# 184788884

This single family home located at 3123 SE Olsen St, Milwaukie, OR 97222 is currently listed for sale with an asking price of $489,000. This property was built in 1930 and has 2 bedrooms and 2 full baths with 1875 sq. ft. SE Olsen St is located in the ARDENWALD subdivision. Search ARDENWALD real estate on www.williamraven.realtor today.

Property Features

Property Type: Residential - Single Family
Basement: Full Basement, Storage Space, Unfinished
Basement: Yes
Cooling: Central Air
Fuel Type: Electricity, Gas
Garage: 3
Heating: Forced Air95Plus, Radiant
Home Style: Bungalow
Lot Size: 0.18 Acres
Roof Type: Composition
Stories: 2.0
Taxes: $3,490
Year Built: 1930
Square Feet: 1,875

Feature Descriptions

Accessibility: Main Floor Bedroom w-Bath, Natural Lighting, Walk-in Shower
Bathroom: 1.0 (Main), 1.0 (Upper)
Days on Site: 3
Exterior: Cedar, Lap Siding
Exterior: Covered Deck, Fire Pit, Garden, Gas Hookup, Outbuilding, Patio, RV-Boat Storage, Tool Shed, Workshop, Yard
Green Certification: Yes
Hot Water: Gas
Interior: Ceiling Fan(s), Garage Door Opener, Hardwood Floors, Heated Tile Floor, Soaking Tub, Tile Floor, Washer-Dryer
Kitchen: Dishwasher, Disposal, Free-Standing Gas Range, Free-Standing Refrigerator, Granite, Pantry, Stainless Steel Appliance(s), Tile
Lot: Seasonal, Trees
Parking Notes: Detached, ExtraDeep, Oversized, Driveway, RVAccessPar
Rental Amount: $3900.00
Sewer: Public Sewer
Square Footage: 672 (Lower), 762 (Main), 441 (Upper)
Water: Public Water
Waterfront: Seasonal

Room Sizes

2nd Bedroom: 10 X 15 Level - Main
Kitchen: 14 X 8 Level - Main
Living Room: 16 X 15 Level - Main
Primary Bedroom: 18 X 12 Level - Upper

Local Schools

High School: Milwaukie
Middle School: Rowe
Elementary School: Ardenwald

Listed By / Shown By

Listed By

Agency Name: Urban Nest Realty
Agency Phone: 503-432-8126

Shown By

Agent Name: William Raven Broker
Agent Phone: (541) 280-9701
Agency Title: Bend Premier Real Estate

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Estimated Payment

$ 2,906.11 per month $2,472.65 Principal & Interest $290.83 Property Tax $142.63 Homeowner's Insurance

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Disclaimer: 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 consumers personal, non-commercial use and may not be used for any purpose other than to identify prospective properties consumers may be interested in purchasing. Information on this site was last updated 03/02/2026. The listing information on this page last changed on 03/02/2026. The data relating to real estate for sale on this website comes in part from the Internet Data Exchange program of Delta Media Group MLS (last updated Mon 03/02/2026 3:43:11 PM EST) or RMLS (last updated Mon 03/02/2026 3:41:17 PM EST) or COAR/MLSCO (last updated Mon 03/02/2026 3:41:33 PM EST). Real estate listings held by brokerage firms other than Bend Premier Real Estate may be marked with the Internet Data Exchange logo and detailed information about those properties will include the name of the listing broker(s) when required by the MLS. All rights reserved.

The content relating to real estate for sale on this web site comes in part from the IDX program of the RMLS of Portland, Oregon. Real estate listings held by other brokerage firms are marked with the RMLS logo, and detailed information about these properties includes the names of the listing brokers. Listing content is copyright © 2026 RMLS, Portland, Oregon. Some properties which appear for sale on this web site may subsequently have sold or may no longer be available.

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