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 daniellegates.bendpremierrealestate.com 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: 118
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: Danielle Gates Principal Broker
Agent Phone: (541) 921-7130
Agency Title: Bend Premier Real Estate

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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

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