3328 Se Olsen St

Milwaukie, OR
$ 599,000 Beds 4 Baths 2 Sq 2,750 Virtual Tour
Monthly Estimate* How much can I afford?

Coming to the market for the 1st time, this 1950s gem sits on a generous quarter-acre lot in the highly sought after Ardenwald neighborhood. With 4 bedrooms, 2 bathrooms, a finished basement, and a large detached garage, there’s plenty of room to settle in, spread out, and make it your own. One of the home’s hidden treasures is underfoot. Original hardwood floors run throughout the main and second levels and have been covered by carpet for more than 40 years. The home has been lovingly maintained by its longtime owners, with gas heat and central air conditioning providing year-round comfort. Downstairs, the finished basement adds another level of usable living space with room for entertaining, hobbies, movie nights, or game day— with pool table and bonus room. The storage room could also be converted into a 5th bedroom. Outside is where this quarter-acre property really stands apart. Beautiful established rose bushes and mature plantings fill the yard with color, while in-ground sprinklers help keep everything thriving. A covered patio provides a sheltered place for summer dinners, morning coffee, or simply enjoying the garden. The large detached garage offers excellent space for vehicles, storage, projects, or a workshop. It also has plenty of space above for adding another bonus room or ADU.

Active

  • Price
  • $ 599,000
  • City
  • Milwaukie
  • Bedrooms
  • 4
  • Full Bathrooms
  • 2
  • County
  • CLACKAMAS
  • Half Bathrooms
  • 0
  • Area
  • 145
  • Lot Size
  • 0.25 Acres
  • Zip
  • 97222
  • Sqr Footage
  • 2,750
  • Year Built
  • 1955
  • Taxes
  • $ 6591
  • Style
  • Stories2,Bungalow
  • MLS#
  • 124604564
Listed By: Keller Williams Realty Portland Elite - 503-929-6985
Data Source: Regional Multiple Listing Service (RMLSOR)

Features

General

Sewer PublicSewer
Heating ForcedAir,WoodStove
Cooling CentralAir
Roof Shingle
Appliances FreeStandingRange,FreeStandingRefrigerator
Garage Spaces 1.0
Architectural Style Stories2,Bungalow
Security Features Entry,Sidewalk
Year Built 1955
Stories Count 2
Property Subtype SingleFamilyResidence
Tax Year 2025
Parcel Number 00012122
Accessibility KitchenCabinets,Parking
County Clackamas
Property Type Residential
HOA No
Subdivision Name ARDENWALD
Full Baths 2
Status Active
Directions SE 32nd Ave to SE Olsen St
High School Milwaukie
City Milwaukie
Disclosures Disclosure
MLS Area _145
Lot Size Square Feet 10890.0
Listing Terms Cash,Conventional,FHA,VALoan
Elementary School Ardenwald
Tax Annual Amount 6591.77
Middle/Junior High School Alder Creek
Property Condition Approximately
Standard Status Active
Accessory Dwelling Unit Y/N No
Legal Description 222 ROCKWOOD AC PT LTS 1&2
AttributionContact 503-929-6985
SeniorCommunityYn False
ADU False

Interior Features

Interior Amenities Laundry,WasherDryer
Basement Finished,FullBasement
Total Fireplaces 2
Fireplace Features Insert,WoodBurning
Hot Water Electricity
Window Features VinylFrames
Total Bathrooms 2.0
FuelDescription Electricity,Gas
Total Bedrooms 4
Total Baths 2

Exterior Features

Exterior Amenities CoveredPatio,Fenced,Patio,RVParking,Sprinkler,ToolShed,Yard
Parking Features Driveway,OnStreet
Lot Features IrrigatedIrrigationEquipment,PublicRoad
Water Source PublicWater
Total Parking 1.0
Garage Type Detached,Oversized
Exterior Description Aluminum
Foundation Details ConcretePerimeter
Building Area Total 2750.0
Lot Size Acres 0.25
Road Surface Type Paved

Amenities

  • Foreclosure
  • Views
  • Short Sale
  • New Construction
  • Adult 55+
  • Lease To Own
  • No HOA Fees
  • Furnished
  • Primary On Main
  • Air Conditioning
  • Seller Finance
  • Green
  • Fixer Upper
  • Horse
  • Golf
  • Fireplace
  • Deck
  • Garage
  • Basement
  • Pool

Affordability Calculator

$3,786

Per Month

Based on the average sale price from the Hillsboro, OR office

  • Monthly Principal & interest $2,658
  • Monthly Property Taxes $1,062
  • Monthly Home Insurance $67
Adjust Payment Options
Agent Photo

Let's determine your purchasing power. Working with my mortgage partner, you'll have the information you need to shop for a home with confidence.

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.

Mortgage calculator provided courtesy of Inside Real Estate.

Schools

Elementary School Ardenwald Elementary School
Middle School Alder Creek Middle School
High School Milwaukie High School

Price History

9/15/2026 Listed $599,000

Property vs Zip Code Average in 97222

Price
AVG $610K
$600K
Taxes
AVG $5,255
$6,591
Year Built
AVG 1953
1955
Visits
AVG 154
6
Data Provided by Inside Real Estate®

Areas That We Cover

3328 Se Olsen St Milwaukie, OR is a Single Family Home for sale at $599000 with 2750 sqft and a lot size of 0.25 Acres Acre(s). 3328 Se Olsen St Milwaukie has 4 bedrooms, 2 baths and was built in 1955. The property's zip code is 97222 which is in Milwaukie, OR

*Information deemed reliable but not guaranteed.

Financial calculator disclaimer: 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.

Mortgage calculator provided courtesy of Inside Real Estate.

All information deemed reliable, but not guaranteed, and should be independently verified. The real estate information and related content displayed on this site is provided for consumers personal, non-commercial use and may not be used for any purpose other than to identify prospective properties consumers may be interested in purchasing.