# 3739 SE OLSEN St, Milwaukie, OR 97222

> **TL;DR:** 1bd/2ba single family, $325,000 ($287/sqft), built 1935, 1,134 sqft. Est. $1,408/mo. Listed 1 days.

## Property at a Glance

| Attribute | Value |
|-----------|-------|
| Price | $325,000 |
| Price/sqft | $287 |
| Bedrooms | 1 |
| Bathrooms | 1 full, 1 half |
| Square Feet | 1,134 |
| Year Built | 1935 |
| Lot Size | 10,019 sqft (0.23 acres) |
| Stories | 1 |
| Property Type | Single Family (Single Family Residence) |
| Status | For Sale |
| Days on Market | 1 |

## Estimated Monthly Costs

| Category | Amount |
|----------|--------|
| Mortgage (20% down, 6.5%) | $1,408 |
| **Total** | **$1,408** |

## Nearby Schools

- **Elementary:** Ardenwald
- **Middle:** Rowe
- **High:** Milwaukie

## Property Highlights

- Built in 1935
- 0.23 acre lot

## Description

### Agent Description
Trash to Treasure? Value is primarily in the land with potential opportunities for redevelopment. Possible remodel and enlarge the existing 1-bedroom cottage with full bath plus additional commode & sink in unfinished basement. Or use as temporary housing/rental while future plans are explored. New roof & gutters in 2024. Some remodeling was started and not completed in years past. Property includes a metal garage/shop (1440 sq ft) with concrete floor offering added utility. Buyers may consider potential for "middle housing", multi-unit, or condo-style development, subject to zoning and jurisdictional requirements. Buyer to complete all due diligence regarding condition, allowable uses, density, and development feasibility, including consultation with appropriate professionals. Property sold as-is/where is. CASH sale only. Opportunity for investors, builders and others.

## Location

- **Address:** 3739 SE OLSEN St, Milwaukie, OR 97222
- **County:** Clackamas
- **Neighborhood:** Ardenwald
- **Coordinates:** 45.455056, -122.623823
- **Google Maps:** https://www.google.com/maps?q=45.455056,-122.623823

## Listing Agent

- **Name:** Roger Hough
- **Brokerage:** Better Homes & Gardens Realty
- **Phone:** 5035165688
- **Email:** Rogerhough@Houghteam.com

## Primary Photo

![3739 SE OLSEN St - Primary Photo](http://lh.rdcpix.com/6941f008ee26192be4ad19b64fc342e0l-f1159869221r.jpg)

*9 total photos available on [listing page](https://www.propertysimple.com/listing/3739-se-olsen-st-milwaukie-or-97222-86176151)*

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**MLS#:** 786176151 | **Updated:** 2026-04-24
**Source:** listhub

*Copyright © 2026 Regional Multiple Listing Services. All rights reserved. All information provided by the listing agent/broker is deemed reliable but is not guaranteed and should be independently verified.*

[View on PropertySimple](https://www.propertysimple.com/listing/3739-se-olsen-st-milwaukie-or-97222-86176151)

---

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