5073 SE RAINBOW LN Milwaukie, OR $ 419,000
5073 SE RAINBOW LN
$ 419,000
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5073 SE RAINBOW LN

Milwaukie, OR, 97222
$ 419,000
Bedrooms3 Baths1.0 Sq 1,240

Monthly Estimate*

$ 2,580

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Single Family Home for sale in Milwaukie, OR

for $419,000 with 3 bedrooms and 1 full bath. This 1,240 square foot home was built in 1963 on a lot size of 0.16.

Offers due Monday at 5pm. Charming, Fully Refreshed Ranch with Shop and Sunroom!This beautifully updated one-level ranch sits on a quiet, oversized .16-acre lot and features fresh interior and exterior paint. The bright interior boasts refinished hardwood floors and a spacious kitchen upgraded with quartz countertops, stainless steel appliances, and new laminate flooring. The home offers a completely renovated full bathroom, three comfortable bedrooms, and a utility room leading to a versatile bonus room or potential fourth bedroom.Designed for both relaxation and utility, the layout includes a sunroom that opens to a fully fenced backyard with a covered back patio. A standout feature is the 20x20 detached shop/oversized garage, which was recently updated with a new metal roof. With energy-efficient vinyl windows and a main house roof replaced in 2017, this move-in-ready home offers modern comfort and exceptional hobby space in one polished package.

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Single Family Active

Price

$ 419,000

Bedrooms

3

Full Bath

1

Property Type

Single Family

Taxes

$ 4,051

Style

Stories1,Ranch

Lot Size

0.16

Year Built

1963

Town/City

Milwaukie

County/Region

Clackamas

MLS | Web ID

531220443

Features
Interior
Interior Amenities HardwoodFloors LaminateFlooring Laundry Quartz
Basement CrawlSpace
Hot Water Gas
Window Features DoublePaneWindows VinylFrames
Total Bathrooms 1.0
Total Bedrooms 3
Total Baths 1
1/2 Baths 0
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General
Sewer PublicSewer
Heating ForcedAir
Cooling None
Roof Composition
Appliances Dishwasher Disposal FreeStandingRange FreeStandingRefrigerator Microwave Quartz StainlessSteelAppliance
Garage Spaces 1.0
Architectural Style Stories1 Ranch
Year Built 1963
Stories Count 1
Property Subtype SingleFamilyResidence
Tax Year 2025
Parcel Number 00073529
Accessibility GarageonMain GroundLevel MainFloorBedroomBath MinimalSteps OneLevel UtilityRoomOnMain
County Clackamas
Property Type Residential
HOA N
Full Baths 1
Status Active
Directions SE Johnson Creek South on SE 55th Ave West on SE Rainbow Ln
High School Milwaukie
City Milwaukie
Disclosures Disclosure
MLS Area _145
Lot Size Square Feet 6969.0
Listing Terms Cash Conventional FHA VALoan
Elementary School Ardenwald
Tax Annual Amount 4051.55
Middle/Junior High School Rowe
Property Condition UpdatedRemodeled
Virtual Tour https://unbranded.youriguide.com/j5tyiu0f/
Standard Status Active
Accessory Dwelling Unit Y/N N
Legal Description 916 TARRYBROOKS #2 LT 6 BLK 3
ADU False
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Exterior
Exterior Amenities CoveredPatio Fenced RVBoatStorage Yard
Parking Features Driveway OffStreet
Lot Features Level
Water Source PublicWater
Total Parking 1.0
Garage Type Detached Oversized
Exterior Description CementSiding WoodSiding
Foundation Details ConcretePerimeter
Building Area Total 1240.0
Lot Size Acres 0.16
Road Surface Type Paved
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Internal Only
Street Number 1 5073
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* Excluded Features
List By
Real Broker

Broker

marshall@primenwhomes.com

Contact

Affordability Calculator

$2,917
Per Month
88%
12%
0%
Monthly Principal & Interest
$2,580
Monthly Property Taxes
$338
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.
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Nearby
1950214 Elementary School
1949208 Middle School
Milwaukie High School High School
Pricing History
DatePricePrice ChangeDescription
3/20/2026$419,000 Listed Price

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5073 SE RAINBOW LN, Milwaukie, OR, 97222 is a Single Family Home for sale at $419,000 with 1,240 sqft and a lot size of 0.16. 5073 SE RAINBOW LN has 3 bedrooms, 1.0 baths, and was built in 1963. The property's zip code is 97222 which is in Milwaukie, OR