17014 SE WILEY WAYMilwaukie, OR 97267
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Beautifully updated home with a fully permitted ADU and deeded PRIVATE ACCESS to the Willamette River. Thoughtfully reimagined to provide two separate living spaces, this versatile property offers exceptional flexibility for owner-occupants, multi-generational living, guests, or those seeking supplemental rental income. Seller has established rental income of approximately $7,800 per month (season dependant) and can provide additional rental information upon request.Extensive improvements include a new roof, remodeled kitchen with stainless steel appliances, designer finishes, refinished hardwood floors, updated lighting, custom window coverings, remodeled bathrooms, and a stylish fireplace with insert. The converted garage serves as a fully permitted ADU with a full bath and separate systems.Major system upgrades include updated plumbing, electrical panel, HVAC with A/C, and water heater.. Outside, enjoy stamped concrete, a covered patio, pergola, landscaped yard, RV parking, workshop shed, and hot tub hookup.Potential investment and development opportunities may exist, including possible multi-unit use, subject to buyer verification. A rare combination of modern updates, flexible living, proven income potential, and private river access. Buyer to perform all due diligence regarding zoning, permitted uses, development opportunities, short-term and long-term rental regulations, and any financial projections or income potential.
| 9 hours ago | Listing updated with changes from the MLS® | |
| a week ago | Price changed to $1,375,000 | |
| 3 weeks ago | Listing first seen on site |
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Last checked 2026-06-26 09:37 AM PDT.
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