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About this home
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.
Single-familyProperty Type
1955Year Built
0.25 acresLot Size
$218Price/Sq.Ft.
1 car garageParking
Listed by Eric Newson• Keller Williams Realty Portland Elite
Ardenwald, located between SE McLoughlin Blvd and the Willamette River, is a residential and riverside Milwaukie neighborhood with mid-century ranch homes and leafy streets. The neighborhood’s character concentrates around the Springwater Corridor at SE 17th Ave, where cyclists and walkers stream past trailheads and pocket greens. Housing leans to postwar one-levels and split-levels, with occasional newer infill near the corridor. The river edge and Kellogg Creek shape daily routines with long, flat routes for commuting by bike. Milwaukie Bay Park and the riverfront esplanade set a calm, outdoors-forward rhythm. Nearby, Milwaukie Cafe and Milwaukie Floral & Garden anchor local errands with a distinctly hometown feel.
Provided by Walk Score and Local Logic
Market insights
3328 SE Olsen St · $599,000
DAYS ON MARKET
1 days
The average home goes pending in 25 days.
SALE-TO-LIST
99.0%
Most homes are selling 1% below list price.
LIST PRICE
$599,000
Median sale price in this area is $655,799. (9% higher than this home)
PRICE DROP
0 price drops
26% of homes in this area have had a price drop in the past month.
Property details
Interior
Exterior
Finance
Kitchen
Bathroom
Bedroom
Living
Dining
Interior features
Finished full basement
Laundry area (lower level)
Washer and dryer included
Two wood-burning fireplaces with inserts
Vinyl window frames
Accessible features including lowered kitchen cabinets and parking
Bedrooms
Primary bedroom on main level with double closet
Second bedroom on main level with closet
Third bedroom on upper level
Fourth bedroom on upper level
Bonus room on lower level
Bathrooms
Two full bathrooms (one on main level, one on upper level)
Kitchen
Free-standing range
Free-standing refrigerator
Kitchen nook
Double sinks
Laundry & utility
Lower-level laundry room
Hot water: electric
Heating & cooling
Forced air heating
Wood stove
Central air conditioning
Exterior features
Shingle roof
Aluminum exterior
Covered patio and patio
Fenced yard with sprinkler system
RV parking
Tool shed
Public paved road frontage
Irrigation equipment
Home design
Single family residence (residential)
Not attached to another property
Approximately described condition
Parking
Driveway and on-street parking
Detached oversized 1-car garage
Total parking count: 1
Security
Entry and sidewalk security features
Construction
Built in 1955
Concrete perimeter foundation
Utilities
Public water
Public sewer
Electricity and gas service available
Internet: cable and fiber optics
Other
No land lease
Not a senior community
Electricity and solar
View estimated energy costs and solar savings for this home
The moderate density residential zone is intended to create, maintain, and promote neighborhoods and allow a broad range of housing types. Some non-residential uses are allowed, but overall the character is one of residential neighborhoods.
Permitted uses
Include but are not limited to:
Housing-Single unit
Housing-Multiple units
Housing-Senior
Oct 25, 2016 • Final
Residential mechanical
Install gas piping at one location and replace the furnace.
Gas
HVAC
Sep 7, 2007 • Final
Building - electrical
Electrical
HVAC
Permit history is from public records and may be incomplete or inaccurate. Redfin and its agents make no representations about the property condition or permit status. Buyers should independently verify all information.
Climate risks
1/10 Flood Factor
Minimal risk of a flood reaching the building in the next 30 years
1/10 Fire Factor
Unlikely to be in a wildfire in next 30 years
3/10 Heat Factor
7 days above 93° expected this year, 15 days in 30 years
1/10 Wind Factor
Minimal risk of severe winds over next 30 years
10/10 Air Factor
19 unhealthy days expected this year, 21 days in 30 years
Provided by First Street
Historical weather
Portland, OR • 97222
Average low and high temperatures (°F)
48
36
51
37
58
43
65
44
71
49
77
54
84
58
85
61
78
56
64
47
54
43
51
41
Jan
Feb
Mar
Apr
May
Jun
Jul
Aug
Sep
Oct
Nov
Dec
Sun exposure
In this area, properties receive around 9.8 hours in
June and 2 hours in December, placing it below the
U.S. average for solar exposure.
9.8 hrs
2 hrs
JuneDecember
Provided by Shadowmap
Redfin Estimate for 3328 SE Olsen St
We cannot show automated home-value estimates for this home.
Nearby homes have recently sold between $500,000 and $695,000.
Nearby comparable homes
The Redfin Estimate uses 6 recent nearby sales, priced between $500K to $695K.