5139 SE Aldona CT
Milwaukie, OR, 97267 $ 3,799,900
Bedrooms24 Baths24.0 Sq 11,892 Monthly Estimate*
$ 23,397
for $3,799,900 with 24 bedrooms and 24 full baths. This 11,892 square foot home was built in 2026 on a lot size of 0.88.
Built by a multi-year Street of Dreams builder and Builder of the Year award winner by the Home Building Association, this offering includes four newly constructed duplexes at Robbins Place, totaling eight residential units across Lots 7 through 10 on approximately 0.88 acres combined. The package delivers twelve bedrooms and eight full plus four half bathrooms, with unit sizes ranging from approximately 1,487 to 1,495 square feet. Each unit features an efficiently designed two-story layout with three bedrooms and two and a half bathrooms, open-concept main level living, a covered front porch, private patio, and fenced yard. One-car attached garages with additional driveway parking enhance tenant appeal and functionality. A half bathroom is located on the main level, while upstairs includes all bedrooms and a full laundry room for added convenience. Constructed with durability and long-term performance in mind, each duplex includes high-efficiency gas forced-air heating, modern insulation standards, and quality finishes throughout. A double-framed common wall with a one-inch air gap and insulation between units enhances separation and privacy. Located in Clackamas County, property taxes may be lower than many areas within Portland city limits. The development offers 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 quick access to SE McLoughlin Blvd, supporting strong rental demand and commuter convenience. With varying exterior styles for architectural diversity and new construction reducing near-term capital expenditure risk, this eight-unit portfolio presents a compelling opportunity for investors seeking stable, low-maintenance multifamily assets in a growing Milwaukie submarket.
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FeaturesGeneralSewer PublicSewer
Heating ForcedAir90
Cooling None
Roof Composition
Zoning R10
Garage Spaces 8.0
Security Features Sidewalk
Year Built 2026
Stories Count 2
Tax Year 2026
Parcel Number New Construction
Gross Income 271203.0
County Clackamas
Net Operating Income 198305.0
Operating Expense 63508.0
Property Type MultiFamily
HOA N
Subdivision Name OAK GROVE COMMUNITY COUNCIL
Rent Includes None
Status Active
Directions Use 15500 SE Wallace Rd Milwaukie on Maps to Reach Community. Drive on SE Aldona Ct take first R
High School Putnam
City Milwaukie
Disclosures Exempt
Number Of Units Total 8
MLS Area _145
Lot Size Square Feet 38332.0
Listing Terms Cash Conventional
Elementary School View Acres
Tax Annual Amount 0
Middle/Junior High School Alder Creek
Property Condition UnderConstruction
Standard Status Active
Accessory Dwelling Unit Y/N N
Legal Description TBD
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InteriorBasement CrawlSpace
Storage Garage
Hot Water Gas Tank
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 4 Baths Total 3
Unit 4 Beds Total 3
Unit 5 Beds Total 3
Unit 6 Beds Total 3
Unit 7 Beds Total 3
Unit 8 Beds Total 3
Unit Type UnitTypeType1 UnitTypeType2 UnitTypeType3 UnitTypeType4 UnitTypeType5 UnitTypeType6 UnitTypeType7 UnitTypeType8
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ExteriorParking Features Driveway Garage
Lot Features Level
Water Source PublicWater
Total Parking 8.0
Exterior Description BoardBattenSiding CementSiding LapSiding
Foundation Details ConcretePerimeter StemWall
Building Area Total 11892.0
Lot Size Acres 0.88
Road Surface Type Paved
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* Excluded FeaturesList ByKeller Williams Realty Portland PremiereBroker
Affordability Calculator
- Monthly Principal & Interest
- $23,397
- Monthly Property Taxes
- --
- Monthly Home Insurance
- --
Default based on a 30-year fixed rate of 6.25% 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.
Learn more about how to save NearbyMulti-family listings in Milwaukie, OR
Average List Price $2,709,744
Percent of Sale Price 29%
About Milwaukie, OR 21,166 Population
3% Since 2002
$ 58,128 Median Income
42.01 Median Age
22% Households with Children
Trends Information provided by ATTOM Data Solutions.
1948895 Elementary School
1948946 Middle School
Putnam High School High School
Pricing History| Date | Price | Price Change | Description |
|---|
| 2/18/2026 | $3,799,900 | | Listed Price |