17770 Cook St Portland, OR 97267
This exceptional 0.89-acre property located at 17770 SE Cook St, Portland, OR 97267, presents a remarkable investment opportunity in the desirable Jennings Lodge area of unincorporated Milwaukie/Clackamas County. Currently featuring a fixer-upper home and shop with newer roofs, the property is zoned R7, allowing for diverse development options. According to Clackamas County, the land qualifies for middle housing, opening possibilities for multiple single-family homes, 2-4 plexes, townhomes, or cottage clusters. Investors and developers will appreciate the potential to renovate the existing structures or remove them to maximize the buildable area. The property's idyllic location near the Boardman Wetlands Nature Park provides easy access to nature trails and scenic views, while still offering convenient proximity to local amenities. This unique opportunity allows for capitalizing on Milwaukie's growing market, making it an ideal project for those seeking a blend of tranquil living and significant development potential. The asking price for this exceptional property is $600,000.
Cap rate
Implied · in-place · derived from last sale + estimated NOIValue
AI, CAP & Alternative Use estimations · Realmo proprietary blendComparables
6 recent transactions · within 1.5 miComparable in this City
Similar Nearby for Sale
Similar Nearby for Lease
Property description
Physical attributes from public recordsZoning & alternative use
No recorded transactions found for this property.
Costs & Benchmarks
Operating expenses, capex projections, utility benchmarks, and submarket comparables — all in one view.
Risks
Flood, climate, environmental, title, and tenant-concentration risk — surfaced with mitigations and source citations.