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.
Listing Provided Courtesy of Jacob Aveling, Fathom Realty Oregon, LLC
General Information
127072913
SingleFamilyResidence
0
DOM
3
0.65 acres
1
1584
1912
Clackamas
00033494
Milwaukie 7/10
Rowe 3/10
Milwaukie 7/10
Residential
SingleFamilyResidence
SUBDIVISION QUINCY ADD 168 PT BLKS 26 & 29
Listing Provided Courtesy of Jacob Aveling, Fathom Realty Oregon, LLC
Krishna Realty data last checked: Apr 10, 2026 14:11 | Listing last modified Apr 10, 2026 10:09,
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Residence Information
0
1584
0
1584
County
1584
3
1
0
1
Stories1
1
1912
No
WoodSiding
Unfinished
Unfinished
ConcretePerimeter
Features and Utilities
Baseboard
PublicSewer
Electricity
Financial
3543.76
0
CallListingAgent,Cash,Other
04-10-2026
No
No
Comparable Information
0
0
CallListingAgent,Cash,Other
$550,000
$550,000
Apr 10, 2026 10:09
Schools
charter Elementary : Milwaukie
7/10Ratingspublic Middle : Rowe
3/10Ratingscharter High : Milwaukie
7/10Ratings
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.
