Multi-Gen OPPORTUNITY!!! Nestled in a well-established residential area of Milwaukie, this home sits close to everyday conveniences while maintaining a peaceful neighborhood feel. You’re just minutes from downtown Milwaukie, with its local coffee shops, eateries, indie cinema, and riverfront paths along the Willamette, offering a charming small-town center with big-city access. Commuters will appreciate quick connections into Portland via nearby main arterials and transit options, making it easy to get into the city for work or play. The Lake Road area is known for its community atmosphere and tree-lined streets, giving the home a comfortable, settled setting. With a mix of mid-century homes and well-kept yards, the neighborhood feels both welcoming and enduring. Outdoor enthusiasts will love being close to some of Milwaukie’s best parks and natural areas. Nearby Milwaukie Bay Park offers 8.5 acres of riverfront green space along the Willamette and Kellogg Creek, perfect for picnics, waterfront walks, and summer events. Elk Rock Island and its surrounding natural area provide wooded trails, water views, and wildlife watching just a short drive away, making it a favorite local escape.You’ll also be within easy reach of additional neighborhood parks and play areas across Milwaukie, including established spaces like North Clackamas Community Park and a growing system of newer neighborhood parks supported by the Milwaukie Parks Foundation. Price adjusted to align with current market comps. The initial price was an over estimate this well maintained home is in excellent condition.