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5141 SE Aldona Ct, Milwaukie, OR 97267

$13,774,900

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Property Description

Built by a multi-year Street of Dreams builder and Builder of the Year award winner by the Home Building Association, Robbins Place is a newly constructed 29-unit multifamily community offering scale, efficiency, and long-term durability in a growing Milwaukie submarket. The development consists of twenty-nine three-bedroom, two and a half bathroom homes totaling approximately 43,077 square feet of living space, delivering 87 bedrooms, 58 full bathrooms, and 29 half bathrooms across the community. Each unit features an efficiently designed two-story layout with open-concept main level living, covered front porch, private patio, and fenced yard. One-car attached garages with additional driveway parking enhance tenant appeal and functionality. All bedrooms are located upstairs along with a full laundry room, while a main-level half bathroom adds convenience. Unit sizes are approximately 1,485 square feet, with one unit at 1,497 square feet, supporting strong rental positioning within the three-bedroom segment of the market. Constructed with durability and long-term performance in mind, the community includes high-efficiency gas forced-air heating, modern insulation standards, and quality finishes throughout. Double-framed common walls with a one-inch air gap and insulation between units enhance separation and privacy. Located in Clackamas County, the property benefits from tax positioning outside Portland city limits while maintaining close proximity to Milwaukie Bay Park and the Willamette River waterfront (~1.5 mi), downtown Milwaukie shops and dining (~1.5 mi), New Seasons Market (~1.6 mi), the Milwaukie/Main Street MAX Station (~1.7 mi), and convenient access to SE McLoughlin Blvd. The combination of location, unit mix, scale, and new construction quality presents a compelling opportunity for investors seeking stabilized cash flow, portfolio expansion, or long-term hold potential in a high-demand rental corridor.

5141 SE Aldona Ct | MLS# 336091629

This multi-family property located at 5141 SE Aldona Ct, Milwaukie, OR 97267 is currently listed for sale with an asking price of $13,774,900. Search Milwaukie real estate on www.williamraven.realtor today.

Property Features

Property Type: Multi Unit - Multiple
Basement: CrawlSpace
Cooling: None
Fuel Type: Gas
Heating: Forced Air90
Roof Type: Composition
Stories: 2.0
Year Built: 2026
Square Feet: 43,077

Units

Unit Type 1:
Bathroom(s): 3
Bedrooms: 3
Features: Dishwasher, Range, Storage, WasherDryerHookup
Rent: $2795.00
Square Footage: 1485
Total Units: 28
Unit Type 2:
Bathroom(s): 3
Bedrooms: 3
Features: Dishwasher, Range, Storage, WasherDryerHookup
Rent: $2795.00
Square Footage: 1497
Total Units: 1

Feature Descriptions

Days on Site: 11
Exterior: Board & Batten Siding, Cement Siding, Lap Sidi
Gross Income: $941500.00 (Actual)
Hot Water: Gas, Tank
Lot: Level
Net Income: $722486.00 (Actual)
Operating Expenses: $151524.00 (Actual)
Parking: Driveway, Garage
Parking Notes: Driveway, Garage
Sewer: Public Sewer
Special View Info: Trees/Woods
Storage: Garage
Units: 29
Water: Public Water

Local Schools

High School: Putnam
Middle School: Alder Creek
Elementary School: View Acres

Listed By / Shown By

Listed By

Agency Name: Keller Williams Realty Portland Premiere
Agency Contact: 503-709-4632

Shown By

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

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Estimated Payment

$ 73,671.07 per month $69,653.39 Principal & Interest $0.00 Property Tax (data not provided by mls) $4,017.68 Homeowner's Insurance

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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 03/02/2026. The listing information on this page last changed on 03/02/2026. 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 Mon 03/02/2026 3:43:11 PM EST) or RMLS (last updated Mon 03/02/2026 3:41:17 PM EST) or COAR/MLSCO (last updated Mon 03/02/2026 3:41:33 PM 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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