This newly rebuilt home is what you have been waiting for! Over a half-acre lot with a modern living space and a subdividable back lot for future building or resale. Featuring updated kitchen, electrical, roofing, plumbing, siding, gutters and windows all completed in 2022. Equipped with efficient gas heat and appliances, it offers year-round comfort. The oversized private driveway welcomes you to a meticulously rebuilt oversized 2-car garage. Ideal for vehicle storage, a workshop, a hobby space, RV and boat storage! Great investment opportunity! Come check out the .32 acre subdividable lot zoned R8.5 low density. Located in unincorporated Milwaukie/Clackamas County. The county says property qualifies for middle housing for development of multiple single-family homes, 2-4 plexes, townhomes or cottage clusters. Buyer to do their own due diligence for development and verify all information with the City. Come and explore the possibilities this beautiful home and location has to offer!