Spacious Custom Home for Rent in Milwaukie – Ideal for Multigenerational Living
3243 SE Floss Street, Milwaukie, OR 5 Bedrooms + Office | 3.5 Bathrooms | 3,253 Sq Ft | Built in 2021
Welcome to this beautifully designed custom home in a quiet Milwaukie neighborhood, offering exceptional flexibility for modern living. With a fully equipped basement suite, premium finishes throughout, and ample indoor/outdoor space, this property is ideal for large households, multigenerational families, remote work, or anyone looking for room to spread out.
Property Highlights
• 3,253 total sq ft
o Main home: 2,208 sq ft
o Basement suite: 1,045 sq ft
o Additional cold storage: 308 sq ft
• Built in 2021 with custom finishes and upgraded electrical features
• 5 bedrooms + dedicated office
• 3.5 bathrooms
• 2-car garage with EV charging hookup
• Large driveway with both paved and gravel parking areas
• Newly landscaped yard with low-maintenance turf
• Located one block from the local elementary school and playground
• Walking distance to hospital
• Approximately:
o 12–15 minutes to Downtown Portland
o Under 5 minutes to Sellwood and Eastmoreland neighborhoods
Flexible Multigenerational Layout
One of the standout features of this home is the thoughtfully designed lower level, which functions as a separate living space.
Basement Features
• Private stairwell entrance
• 1 bedroom + 1 full bathroom
• Separate kitchen
• Separate laundry area
• Egress windows installed to code
• Large cold storage room
This setup is ideal for:
• Multigenerational households
• Guests or extended family
• Live-in caregivers
• Private work/live arrangements
• Additional privacy within a shared home
Main House Features
The main living area spans the first and second floors and includes:
• 4 spacious bedrooms
• 2.5 bathrooms
• Dedicated office/flex space
• Open-concept living and dining areas
• Modern kitchen with custom finishes
• Premium lighting and electrical upgrades
• Large windows with abundant natural light
Additional Details
• Tenant responsible for utilities: Electric, Gas, Water, Garbage
• Pets: Negotiable with extra pet fee
• Rental insurance required
• Lease terms: Minimum 12 months
• Available: September 1, 2026
First month’s rent and security deposit due at signing. Tenant responsible for all utilities except internet, which is included. No smoking. Pets negotiable on case by case basis with additional deposit. No subleasing or short-term rentals permitted. Tenant must maintain yard and landscaping to current standard. Renter’s insurance required. Applicants subject to screening and income verification.
Amenities
In-unit amenities
These amenities may not be available for every unit
County Use Description: RESIDENTIAL PROPERTY IMPROVED
Financial
Assessor Information
Assessment Year: 2025
Tax Area: MILWAUKIE
Public facts
Beds: 6
Baths: 3.5
Sq. Ft.: 3,292
Stories: —
Lot Size: 6,970 square feet
Style: Single Family Residential
Year Built: 2021
Year Renovated: —
County: Clackamas County
APN: 05036369
Home facts updated by county records on Sep 18, 2026
Sale and tax history for 3243 SE Floss St
Sale History
Tax History
Date
Event
Price
REDFIN #1
Oct 1, 2026
Rental Removed
$4,350
$1/sq ft
Aug 27, 2026
Price Changed
$4,350
$1/sq ft
Jul 29, 2026
Price Changed
$4,500
$1/sq ft
Jun 29, 2026
Price Changed
$4,600
$1/sq ft
May 26, 2026
Listed for Rent
$4,800
$1/sq ft
Year
Property tax
Land + Additions
Assessment*
2025
$11,265 (+3.5%)
2024
$10,879 (+11.0%)
2023
$9,802 (+5.3%)
2022
$9,313 (+362.0%)
2021
$2,016
Around this home
Schools
Places
Transit
6/10
Ardenwald Elementary School
Public, K-5 • Assigned • 0.2mi
3/10
Rowe Middle School
Public, 6-8 • Assigned • 1.7mi
2/10
Milwaukie High School
Public, 9-12 • Assigned • 1.2mi
Provided by GreatSchools
About
Ardenwald
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
Public facts and zoning for 3243 SE Floss St
Beds
6
Baths
3.5
Sq. Ft.
3,292
Stories
—
Lot Size
6,970 Sq. Ft.
Style
Single Family Residential
Year Built
2021
Year Renovated
—
County
Clackamas County
APN
05036369
Home facts updated by county records on Sep 18, 2026.
Additional resources
Zoning
Working on getting current and accurate zoning information for this home.Learn more
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
Thinking of selling?
Estimated sale price
$888,000 – $1.08M
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All information is deemed reliable but not guaranteed. Redfin and its affiliates may receive compensation if you contact a rental property or sign a lease.
In-unit amenities
These amenities may not be available for every unit