5041 SE King RD, Milwaukie, OR 97222

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Sold Price
$1,100,000
List Price
$1,200,000
Closing Date
May 11, 2026
Days on Market
142
MLS#
596045290
Property Type
Multifamily
Sqft. of Residence
3,666
Lot Size
5, 000 to 6, 999 SqFt
Region
Milwaukie, Gladstone, Happy Valley, Clckmas, Dmscus, Estacada
Status
SOLD

Property Description

Rare pre-construction triplex investment opportunity in Milwaukie. This new construction project consists of three (3) well-designed units, each offering 3 bedrooms, 2 bathrooms, and a private garage. Built for long-term durability and low maintenance, the property is ideal for investors seeking stable cash flow and appreciation in a strong rental market. Modern layouts, efficient systems, and new construction minimize deferred maintenance and maximize tenant appeal. Excellent opportunity for buy-and-hold investors or 1031 exchange buyers. Convenient access to transit, downtown Milwaukie, schools, parks, and major commuter routes. Pricing, specifications, and timelines subject to change during construction.

Additional Information

Year Built
2026
High School
Milwaukie
Elementary School
Lewelling
Middle School
Rowe
Garage Spaces
1
Living Area
3,666
Stories
2
Terms
Cash, Conventional
Cooling Description
Mini Split
Fuel Description
Electricity
Heating Description
Mini Split
Hoa Rent Includes
None
Hot Water Description
Electricity
Exterior Description
Lap Siding
Roof Type
Composition
Sewer Description
Public Sewer
View
Territorial
Parking
Garage
Parking Description
Garage
Covenants/Restrictions
Yes
Road Surface
Paved
Number Of Units Total
3
Unit Type One Baths Total
3
Unit Type One Beds Total
3
Unit Type One Sq Ft
1228
Unit Type One Units Total
1
Unit Type Two Baths Total
3
Unit Type Two Beds Total
3
Unit Type Two Units Total
1
Unit Type Three Baths Total
3
Unit Type Three Beds Total
3
Unit Type Three Sq Ft
1228
Unit Type Three Units Total
1

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Calculator source: Real Geeks

Listing courtesy of Keller Williams Premier Partners. Selling Office: eXp Realty, LLC.

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