Development opportunity. 16,553 sqft divisible lot located near downtown Milwaukie (Clackamas County) with new R-MD Zoning. City says potential to change zoning to commercial. Existing home has value and sits on back corner of lot which may be able to be retained when lot is split. Buyer to do their own due diligence. Developer packet available. Tenant occupied but will vacate prior to closing. Drive by only! DO NOT DISTRUB TENANT or WALK PROPERTY! Offers received. Offer deadline Tuesday 8/19 @ 10am.
Sold
$590,000
2696 SE Lake Rd, Milwaukie, OR 97222
--beds
0baths
0.38Acres
Unimproved Land, Single Family Residence
Built in ----
0.38 Acres Lot
$424,100 Zestimate®
$--/sqft
$1,903 Estimated rent
Home value
$424,100
$339,000 - $513,000
$1,903/mo
Zestimate® history
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Zillow last checked: 7 hours ago
Listing updated: September 14, 2025 at 03:03am
Listed by:
Troy Wilkerson 503-484-7817,
The Broker Network, LLC
Bought with:
Victoria Shah, 201215124
MORE Realty
Source: RMLS (OR),MLS#: 347274216
Facts & features
Interior
Bedrooms & bathrooms
- Bathrooms: 0
Property
Lot
- Size: 0.38 Acres
- Features: Corner Lot, On Busline, Level, SqFt 15000 to 19999
Details
- Additional structures: Existing Structures, Garage
- Parcel number: 00028847
- Zoning: R-MD
Utilities & green energy
- Utilities for property: Electricity Connected, Sewer Connected, Water Connected
Community & neighborhood
Location
- Region: Milwaukie
Other
Other facts
- Listing terms: Cash,Conventional
- Road surface type: Paved
Price history
| Date | Event | Price |
|---|---|---|
| 9/12/2025 | Sold | $590,000+2.6% |
Source:  RMLS (OR) #347274216 Report a problem | ||
| 8/20/2025 | Pending sale | $575,000 |
Source: RMLS (OR) #347274216 Report a problem | ||
| 8/12/2025 | Listed for sale | $575,000+121.2% |
Source: RMLS (OR) #347274216 Report a problem | ||
| 6/22/2005 | Sold | $260,000+33.3% |
Source: Public Record Report a problem | ||
| 5/5/2005 | Sold | $195,000 |
Source: Public Record Report a problem | ||
Public tax history
| Year | Property taxes | Tax assessment |
|---|---|---|
| 2025 | $3,249 +3.5% | $147,658 +3% |
| 2024 | $3,138 +2.9% | $143,358 +3% |
| 2023 | $3,050 +5.3% | $139,183 +3% |
Find assessor info on the county website
Neighborhood: Lake Road
Nearby schools
GreatSchools rating
- 6/10Milwaukie El Puente Elementary SchoolGrades: K-5Distance: 0.2 mi
- 2/10Rowe Middle SchoolGrades: 6-8Distance: 0.6 mi
- 2/10Milwaukie High SchoolGrades: 9-12Distance: 0.2 mi
Schools provided by the listing agent
- Elementary: Milwaukie
- Middle: Rowe
- High: Milwaukie
Source: RMLS (OR). This data may not be complete. We recommend contacting the local school district to confirm school assignments for this home.
- Oregon
- Clackamas County
- Milwaukie
- 97222
- Lake Road
- 2696 SE Lake Rd