Recently Listed Open House 9/5 10am - 12pm
11015 SE 54TH PL
Milwaukie, OR, 97222 $ 469,900
Bedrooms3 Baths2.0 Sq 1,662 Monthly Estimate*
$ 2,967
for $469,900 with 3 bedrooms and 2 full baths. This 1,662 square foot home was built in 1964 on a lot size of 0.18.
Milwaukie Opportunity — Instant Sweat Equity or Assumable VA loan of $310,000 at 2.6%! Here’s the cosmetic fixer you’ve been waiting for and it is financeable for VA, FHA or conventional! Reflected in the are the updates needed, this 1,662 sq ft single-level ranch offers an incredible opportunity to build instant sweat equity in a great Milwaukie neighborhood. Located on a quiet cul-de-sac, this home features 3 bedrooms, 2 baths, 2-car garage, fenced backyard, and a large covered patio—all for under $500,000.The open, light-filled floor plan features abundant windows and a spacious kitchen great room with an island and eating bar. A sliding glass door leads to the covered patio and fully fenced backyard with raised flower beds and a tool shed.The home already has many desirable features, including vinyl windows, 90% gas furnace with A/C, gas fireplace, pantry, and a 2-car garage with workbench and storage. The cosmetics are where you can make this home your own. Add some fresh paint, flooring, fixtures, and your personal style, and you can transform this into a fantastic home while potentially creating significant equity through your improvements. Why pay for someone else’s renovations when you can buy at a value and make the improvements yourself? Great neighborhood. Single-level living. 3 bedrooms. 2 baths. 2-car garage. Fenced yard. Cul-de-sac. Under $500K. Opportunities like this don't come along often, and this one won't last long! Come take a look and see the potential for yourself! Open House: Saturday, September 5th 10:00 AM–12:00 PM
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Open House
9/5/2026 10:00 AM - 12:00 PM
11015 SE 54TH PL Milwaukie, OR
* Some states or local ordinances may prohibit Open Houses at this time, please confirm with your Weichert agent or local rep to confirm
FeaturesInteriorInterior Amenities LaminateFlooring Laundry VinylFloor WalltoWallCarpet WasherDryer
Basement CrawlSpace
Total Fireplaces 1
Fireplace Features WoodBurning
Hot Water Electricity
Window Features DoublePaneWindows VinylFrames
Total Bathrooms 2.0
Total Bedrooms 3
Total Baths 2
1/2 Baths 0
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GeneralSewer PublicSewer
Heating ForcedAir90
Cooling CentralAir
Roof Composition
Appliances Dishwasher Disposal FreeStandingRange FreeStandingRefrigerator Island Pantry
Garage Spaces 2.0
Architectural Style Stories1 Ranch
Year Built 1964
Stories Count 1
Property Subtype SingleFamilyResidence
Tax Year 2025
Parcel Number 00086551
Accessibility GarageonMain OneLevel WalkinShower
County Clackamas
Property Type Residential
HOA N
Full Baths 2
Status Active
Directions Rail Rd Ave or Monroe St to Stanley Ave to Woodhaven St to 54th Pl
High School Milwaukie
City Milwaukie
Disclosures Disclosure
MLS Area _145
Lot Size Square Feet 7840.0
Listing Terms Cash Conventional FHA VALoan
Elementary School Linwood
Tax Annual Amount 4964.83
Middle/Junior High School Rowe
Property Condition Resale
Virtual Tour https://www.zillow.com/view-3d-home/57d2cd5d-aa9b-4669-adf1-b7e06c312a7e?setAttribution=mls&wl=true&utm_source=dashboard
Standard Status Active
Accessory Dwelling Unit Y/N N
Legal Description 944 BRIARWOOD NO 2 LT 004 BLK 02
ADU False
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ExteriorExterior Amenities CoveredPatio Fenced Porch RaisedBeds ToolShed Yard
Parking Features Driveway OnStreet
Lot Features Cul_de_sac Level Private
Water Source PublicWater
Total Parking 2.0
Garage Type Attached
Exterior Description Brick WoodSiding
Foundation Details ConcretePerimeter
Building Area Total 1662.0
Lot Size Acres 0.18
Road Surface Type Paved
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* Excluded FeaturesList ByHarcourts Real Estate Network GroupBroker
john@mcclungrealtygroup.comEmail
Affordability Calculator
- Monthly Principal & Interest
- $2,967
- Monthly Property Taxes
- $414
- Monthly Home Insurance
- --
Default based on a 30-year fixed rate of 6.49% with 20% down. The estimated payment is offered for convenience and is not an offer of credit. Due to market fluctuations, interest rates are subject to change at any time and without notice. Your individual rate may vary. Rates may differ for FHA, VA or jumbo loans.
Learn more about how to save NearbySingle family listings in Milwaukie, OR
Average List Price $573,808
Percent of Sale Price 22%
About Milwaukie, OR 21,166 Population
3% Since 2002
$ 58,128 Median Income
42.01 Median Age
22% Households with Children
Trends Information provided by ATTOM Data Solutions.
1949757 Elementary School
1949208 Middle School
Milwaukie High School High School
Pricing History| Date | Price | Price Change | Description |
|---|
| 9/3/2026 | $469,900 | | Listed Price |