5041 SE King RD Milwaukie, OR $ 1,200,000
5041 SE King RD
$ 1,200,000
Recently Listed New Construction
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5041 SE King RD

Milwaukie, OR, 97222
$ 1,200,000
Bedrooms9 Baths9.0 Sq 3,666

Monthly Estimate*

$ 7,486

5041 SE King RD, Milwaukie, OR 97222 - Image 1
5041 SE King RD, Milwaukie, OR 97222 - Image 2

Multi-Family Home for sale in Milwaukie, OR

for $1,200,000 with 9 bedrooms and 9 full baths. This 3,666 square foot home was built in 2026.

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.

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Multi-Family Active

Price

$ 1,200,000

Bedrooms

9

Full Bath

9

Property Type

Multi-Family

Taxes

$ 0

Style

Year Built

2026

Town/City

Milwaukie

County/Region

Clackamas

MLS | Web ID

596045290

Features
General
Sewer PublicSewer
Heating MiniSplit
Cooling MiniSplit
Roof Composition
Zoning RMD
Garage Spaces 1.0
Year Built 2026
Stories Count 2
Parcel Number New Construction
Gross Income 0
County Clackamas
Net Operating Income 0
Operating Expense 0
Property Type MultiFamily
HOA N
Rent Includes None
Status Active
Directions SE 82nd Ave to SE King Rd
High School Milwaukie
City Milwaukie
Disclosures Exempt
Number Of Units Total 3
MLS Area _145
Listing Terms Cash Conventional
Elementary School Lewelling
Tax Annual Amount 0
Middle/Junior High School Rowe
Property Condition UnderConstruction
Standard Status Active
Accessory Dwelling Unit Y/N N
Legal Description PARTITION PLAT 2023-009 PARCEL
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Interior
Basement None
Hot Water Electricity
Unit 1 Baths Total 3
Unit 1 Beds Total 3
Unit 2 Baths Total 3
Unit 2 Beds Total 3
Unit 3 Baths Total 3
Unit 3 Beds Total 3
Unit Type UnitTypeType1 UnitTypeType2 UnitTypeType3
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Exterior
Parking Features Garage
Lot Features Level
Water Source PublicWater
Exterior Description LapSiding
Foundation Details ConcretePerimeter
Building Area Total 3666.0
Road Surface Type Paved
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Internal Only
Street Number 1 5041
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* Excluded Features
List By
Keller Williams Premier Partners

Broker

viktor@idealhomesteam.com

Contact

Affordability Calculator

$7,486
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Monthly Principal & Interest
$7,486
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Default based on a 30-year fixed rate of 6.375% with 20% down. The estimated payment is offered for convenience and is not an offer of credit. Due to market fluctuations, interest rates are subject to change at any time and without notice. Your individual rate may vary. Rates may differ for FHA, VA or jumbo loans.
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Nearby
1950268 Elementary School
1949208 Middle School
Milwaukie High School High School
Pricing History
DatePricePrice ChangeDescription
12/21/2025$1,200,000 Listed Price

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5041 SE King RD, Milwaukie, OR, 97222 is a Multi-Family Home for sale at $1,200,000 with 3,666 sqft. 5041 SE King RD has 9 bedrooms, 9.0 baths, and was built in 2026. The property's zip code is 97222 which is in Milwaukie, OR