Rare opportunity with multiple income streams and exceptional flexibility. This unique property offers 4 separate components: 1) a 3 bed/2 bath rental house, 2) an office space with 5 separate workstations and a restroom (approx. 840 SF), 3) a detached garage/shop with heat, a bathroom with a walk-in shower, and approx. 700 SF, 220V power, and its own electric meter, and 4) a fenced gravel lot. Ideal for investors, owner-users, or buyers seeking flexible space for rental income, business use, storage, or workspace. Gated/fenced setup offers added utility and versatility in a convenient SE Portland location. Buyer to verify all uses, zoning, square footage, and lease terms.
Listing Provided Courtesy of Lizbeth Abbott, Tree City Real Estate
General Information
412802149
SingleFamilyResidence
0
DOM
3
0.27 acres
2
2872
1935
Clackamas
00068214
Ardenwald
Rowe
Milwaukie
Residential
SingleFamilyResidence
462 OLSON ACRES PT LT 6
Listing Provided Courtesy of Lizbeth Abbott, Tree City Real Estate
Krishna Realty data last checked: Apr 30, 2026 21:20 | Listing last modified Apr 30, 2026 19:02,
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Residence Information
624
420
988
2872
rmls
1044
1/Gas
3
2
0
2
Composition
2, Detached
Stories2
2
1935
No
Other, Plywood
CrawlSpace
CrawlSpace
ConcretePerimeter
Features and Utilities
WoodFloors
Fenced, PublicRoad, Workshop, Yard
Baseboard, WoodStove
PublicSewer
Electricity, WoodBurning
Financial
3966.22
0
Cash,Conventional
04-30-2026
No
No
Comparable Information
0
0
Cash,Conventional
$749,000
$749,000
Apr 30, 2026 19:02
Schools
Elementary : ArdenwaldN/ARatings Middle : Rowe N/ARatings High : MilwaukieN/ARatings
Rare opportunity with multiple income streams and exceptional flexibility. This unique property offers 4 separate components: 1) a 3 bed/2 bath rental house, 2) an office space with 5 separate workstations and a restroom (approx. 840 SF), 3) a detached garage/shop with heat, a bathroom with a walk-in shower, and approx. 700 SF, 220V power, and its own electric meter, and 4) a fenced gravel lot. Ideal for investors, owner-users, or buyers seeking flexible space for rental income, business use, storage, or workspace. Gated/fenced setup offers added utility and versatility in a convenient SE Portland location. Buyer to verify all uses, zoning, square footage, and lease terms.
