0 Parcel 05038972

Milwaukie, OR 97222

$400,000
Price
30,056 / 0.69
Lot Size / Acres

Description

Unlock the income potential of this .69-acre parcel, perfectly positioned on a corner lot and zoned MR-1. This lot is next door to 7190 SE King Rd, Milwaukie OR. With sewer and water available at the street on 70th, this property is ideally suited for shared-wall townhomes or a multi-plex development, which will most likely represent the highest and best use. Investors and builders will appreciate the strong upside: multi-family residential demand continues to grow in this area, offering excellent...Unlock the income potential of this .69-acre parcel, perfectly positioned on a corner lot and zoned MR-1. This lot is next door to 7190 SE King Rd, Milwaukie OR. With sewer and water available at the street on 70th, this property is ideally suited for shared-wall townhomes or a multi-plex development, which will most likely represent the highest and best use. Investors and builders will appreciate the strong upside: multi-family residential demand continues to grow in this area, offering excellent opportunities for rental income, resale, or long-term appreciation. The location places future residents just minutes from restaurants, shopping, schools, and nature parks making it an unbeatable mix of convenience and lifestyle amenities. This is an exceptional chance to create a modern residential community in a desirable neighborhood. Whether building for income generation, resale, or long-term portfolio growth, this property offers the flexibility and fundamentals needed for success. Seller financing available.
  1. Listed by Nick Shivers • eXp Realty, LLC • 503-389-0821

Property Details for 0 Parcel 05038972

Zoning
MR-1
LISTING UPDATED: 02/22/2026 12:12 AM

Property Details for 0 Parcel 05038972

StatusActive
MLS #510249490
Days on Market171
Taxes$3,154 / year
HOA Fees-
Condo/Co-op Fees-
Compass TypeLand
MLS TypeLand / Single Family Residence
Year Built-
Lot Size0.69 AC
CountyClackamas County

Location

Listing Courtesy of eXp Realty, LLC
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Building Information for 0 Parcel 05038972

Building Size-Lot Size0.69 AC

Payment Calculator

$2,212 per month

30 year fixed, 6.15% Interest

Principal and Interest

$1,950

Property Taxes

$263

HOA Dues

$0

The Payment Calculator is for illustrative purposes only.

Property Information for 0 Parcel 05038972

Summary
Location and General Information
  • Country: US
  • Directions: SE 82nd Ave, L on SE King Rd, lot is on corner of SE 70th and SE King Rd. *Next to 7190 SE King Rd
  • Road Surface: Paved
School Information
  • Elementary School: Lewelling
  • High School: Milwaukie
  • Middle Or Junior School: Rowe
Taxes and HOA
  • Tax Year: 2025
  • Tax Annual Amount: $3,153.68
  • Parcel Number: 05038972
  • Tax Legal Description: PARTITION PLAT 2023-017 PARCEL 1
Property
Lot Information
  • Acres: 0.69
  • Lot Description: Corner Lot, Public Road
  • Lot Size Square Feet: 30056.0
  • Land Description: Level
  • Lot Size Range: Sq Ft20000to Acres1
  • Lot Size: 20,000 Sq Ft to .99 Acres
Property and Assessments
  • Property Sub Type: Single Family Residence
  • Property Type: Land
Utilities
  • Utilities: Public Sewer, Water Available

Schools near 0 Parcel 05038972

This home is within North Clackamas School District 12.
Rating
School
Type
Grades
Distance
Lewelling Elementary School
Public - K to 5
Rowe Middle School
Public - 6 to 8
Milwaukie High School
Public - 9 to 12
Wichita Elementary School
Public - K to 6
Rating
School
Distance
Lewelling Elementary School
PublicK to 5

Rowe Middle School
Public6 to 8

Milwaukie High School
Public9 to 12

Wichita Elementary School
PublicK to 6

School ratings and boundaries are provided by GreatSchools.org and Pitney Bowes. This information should only be used as a reference. Proximity or boundaries shown here are not a guarantee of enrollment. Please reach out to schools directly to verify all information and enrollment eligibility.

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More information about 0 Parcel 05038972, Milwaukie, OR 97222

0 Parcel 05038972 is a 0.69 ac of land for sale in Milwaukie, OR 97222. This property was listed for sale on September 4, 2025 by eXp Realty, LLC, it's currently listed at $400,000. This listing's school district is North Clackamas School District 12. Nearby schools include Lewelling Elementary School, Rowe Middle School and Milwaukie High School. 0 Parcel 05038972 is a 0-bed, 0-bath, 0.69 ac of land on a 30,056 sq. ft. / 0.69 acres lot.

No guarantee, warranty or representation of any kind is made regarding the completeness or accuracy of descriptions or measurements (including square footage measurements and property condition), such should be independently verified, and Compass, Inc., its subsidiaries, affiliates and their agents and associated third parties expressly disclaims any liability in connection therewith. Photos may be virtually staged or digitally enhanced and may not reflect actual property conditions. Offers of compensation are subject to change at the discretion of the seller. No financial or legal advice provided. Equal Housing Opportunity.

Listing Courtesy of eXp Realty, LLC

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