4724 SE THIESSEN RD

Milwaukie, 97267

  • 4 Bed

  • 2 Bath

  • 2313 SqFt

  • 22 DOM

  • Built: 1935

  • Status: Active

$549,900

Price cut: $25K (08-11-2025)

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4724 SE THIESSEN RD

Milwaukie 97267

$549900

Price cut: $25K (08-11-2025)

  • 4 Bed

  • 2 Bath

  • 2313 SqFt

  • 22 DOM

  • Built: 1935

  • Status: Active

Krishna Regupathy

Principal Broker

(503) 893-8874

Motivated Seller, bring us an offer. Solar panels can be inherited by new buyer! Rehab loan, make it your own.Price adjustment due to the seller identifying their new home. Newer stainless steel appliances stay with the property. Wonderful piece of property for your urban farm, ADU build out or redevelopment!FOR REDEVELOPMENT: 1/2 acre, approximately 22,251 SF in R10 (Urban Low Density Residential) with existing single-family residence. Right in the heart of Milwaukie, near the Max Orange Line.Many available options: partition-able for two tax lots, each could be divided for Mid Level Housing or developed on a single lot as multi-family. * 1 or multiple cottage clusters on 1 property, with or without MHLD - Yes, as many cottage clusters (4-9 units) as you can fit on the lot would be allowed. * Duplex, triplex, or quadplex - with or without MHLD - Yes but only one duplex, triplex, or quadplex allowed on a single tax lot. If you first partition the lot to create two legal tax lots you could then build up to 8 units. The units can be townhouse style (side by side) designed under the residential code. * Traditional land division for detached homes (or middle housing on each parcel) - Yes a traditional land division to create two lots is feasible. You can build a single family home on each lot of the different middle housing development options. See the comprehensive report from Faster Permits regarding development options attached to the listing. House is a minor cosmetic fixer. Buyer diligence required: seller makes no warrant as to suitability of purpose for any particular use. Cross-Listed in Residential #501527855

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