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5041 SE King Rd, Milwaukie, OR 97222

$1,200,000

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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.

5041 SE King Rd | MLS# 596045290

This multi-family property located at 5041 SE King Rd, Milwaukie, OR 97222 is currently listed for sale with an asking price of $1,200,000. Search Milwaukie real estate on www.williamraven.realtor today.

Property Features

Property Type: Multi Unit - Multiple
Basement: None
Cooling: MiniSplit
Fuel Type: Electricity
Heating: Mini Split
Roof Type: Composition
Stories: 2.0
Year Built: 2026
Square Feet: 3,666

Units

Unit Type 1:
Bathroom(s): 3
Bedrooms: 3
Features: Dishwasher, Disposal, Range, WasherDryerHookup
Square Footage: 1228
Total Units: 1
Unit Type 2:
Bathroom(s): 3
Bedrooms: 3
Features: Dishwasher, Disposal, Range, WasherDryerHookup
Square Footage: 1210
Total Units: 1
Unit Type 3:
Bathroom(s): 3
Bedrooms: 3
Features: Dishwasher, Disposal, Range, WasherDryerHookup
Square Footage: 1228
Total Units: 1

Feature Descriptions

Days on Site: 71
Exterior: Lap Siding
Hot Water: Electricity
Lot: Level
Parking: Garage
Parking Notes: Garage
Sewer: Public Sewer
Special View Info: Territorial
Units: 3
Water: Public Water

Local Schools

High School: Milwaukie
Middle School: Rowe
Elementary School: Lewelling

Listed By / Shown By

Listed By

Agency Name: Keller Williams Premier Partners
Agency Contact: viktor@idealhomesteam.com

Shown By

Agent Name: William Raven Broker
Agent Phone: (541) 280-9701
Agency Title: Bend Premier Real Estate

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Estimate Your Payment

Estimated Payment

$ 6,417.85 per month $6,067.85 Principal & Interest $0.00 Property Tax (data not provided by mls) $350.00 Homeowner's Insurance

Change Payment Information

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Disclaimer: All information deemed reliable but not guaranteed. All properties are subject to prior sale, change or withdrawal. Neither listing broker(s) or information provider(s) shall be responsible for any typographical errors, misinformation, misprints and shall be held totally harmless. Listing(s) information is provided for consumers personal, non-commercial use and may not be used for any purpose other than to identify prospective properties consumers may be interested in purchasing. Information on this site was last updated 03/03/2026. The listing information on this page last changed on 03/03/2026. The data relating to real estate for sale on this website comes in part from the Internet Data Exchange program of Delta Media Group MLS (last updated Tue 03/03/2026 12:04:50 AM EST) or RMLS (last updated Mon 03/02/2026 11:58:17 PM EST) or COAR/MLSCO (last updated Tue 03/03/2026 12:01:16 AM EST). Real estate listings held by brokerage firms other than Bend Premier Real Estate may be marked with the Internet Data Exchange logo and detailed information about those properties will include the name of the listing broker(s) when required by the MLS. All rights reserved.

The content relating to real estate for sale on this web site comes in part from the IDX program of the RMLS of Portland, Oregon. Real estate listings held by other brokerage firms are marked with the RMLS logo, and detailed information about these properties includes the names of the listing brokers. Listing content is copyright © 2026 RMLS, Portland, Oregon. Some properties which appear for sale on this web site may subsequently have sold or may no longer be available.

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