5041 SE King Rd

Milwaukie, OR 97222

$1,200,000
Price
—
Beds
—
Baths
3,666 Sq. Ft.
$327 / Sq. Ft.
3,666
Sq. Ft.
$327
per Sq. Ft.
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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...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.
  1. Listed by Viktor Rudnitskii • Keller Williams Premier Partners • viktor@idealhomesteam.com

Property Details for 5041 Southeast King Road

Parking Features
Garage
Zoning
RMD
View
Territorial
Garage Spaces
1.00
LISTING UPDATED: 04/07/2026 12:12 AM

Property Details for 5041 Southeast King Road

StatusActive
MLS #596045290
Days on Market108
Taxes-
HOA Fees-
Condo/Co-op Fees-
Compass TypeMulti Family
MLS TypeMulti Family
Year Built2026
Lot Size-
CountyClackamas County
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Location

Listing Courtesy of Keller Williams Premier Partners
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Building Information for 5041 Southeast King Road

Stories2Residences3Year Built2026Building Size-Lot Size-

Payment Calculator

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$6,213 per month

30 year fixed, 6.46% Interest

Principal and Interest

$6,043

Property Taxes

$170

HOA Dues

$0

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Property Information for 5041 Southeast King Road

Summary
Location and General Information
  • Country: US
  • Directions: SE 82nd Ave to SE King Rd
  • Road Surface: Paved
School Information
  • Elementary School: Lewelling
  • High School: Milwaukie
  • Middle Or Junior School: Rowe
Taxes and HOA
  • Tax Annual Amount: $.00
  • Parcel Number: New Construction
  • Tax Legal Description: PARTITION PLAT 2023-009 PARCEL
Property
Lot Information
  • Lot Description: Level
  • Lot Size Range: Sq Ft5000to6999
  • Lot Size: 5,000 to 6,999 Sq Ft
Property and Assessments
  • Property Type: Multi Family
  • Water Description: Public Water
  • Property Condition: Under Construction
  • Year Built: 2026
Utilities
  • Cooling Description: Mini Split
  • Fuel Description: Electricity
  • Heating Description: Mini Split
  • Hot Water Description: Electricity
  • Sewer Description: Public Sewer
  • Rent Includes: None
Interior and Exterior Features
Exterior Features
  • Exterior Description: Lap Siding
  • Roof Type: Composition
Interior Features
  • Basement: None
  • Foundation Details: Concrete Perimeter
  • Stories: 2
Multi Family
Multi-Family Information
  • Number Of Units Total: 3
  • Gross Income Actual: $.00
  • Net Income Actual: $.00
  • Operating Expense: $.00
  • Unit Type Type: Unit Type Type1, Unit Type Type2, Unit Type Type3
  • SqFt Approximate Building Total: 3666
Unit 1 Information
  • Unit Type 1 Baths Total: 3
  • Unit Type 1 Baths Decimal: 2.10
  • Unit Type 1 Beds Total: 3
  • Unit Type 1 Features: Dishwasher, Disposal, Range, Washer Dryer Hookup
  • Unit Type 1 Rent: $0
  • Unit Type 1 SqFt: 1228.0
  • Unit Type 1 Units Total: 1
Unit 2 Information
  • Unit Type 2 Baths Total: 3
  • Unit Type 2 Baths Decimal: 2.10
  • Unit Type 2 Beds Total: 3
  • Unit Type 2 Features: Dishwasher, Disposal, Range, Washer Dryer Hookup
  • Unit Type 2 Rent: $0
  • Unit Type 2 SqFt: 1210.0
  • Unit Type 2 Units Total: 1
Unit 3 Information
  • Unit Type 3 Baths Total: 3
  • Unit Type 3 Baths Decimal: 2.10
  • Unit Type 3 Beds Total: 3
  • Unit Type 3 Features: Dishwasher, Disposal, Range, Washer Dryer Hookup
  • Unit Type 3 Rent: $0
  • Unit Type 3 SqFt: 1228.0
  • Unit Type 3 Units Total: 1

Public Records for 5041 Southeast King Road

Taxable ValueLand-Additions-Total-
Tax Record2025$2,045 ($170 / month)
Home Facts
Beds0Lot Size5,663 SqFtStyleResidentialCountyCLACKAMASAPN12E30CD06102

Schools near 5041 Southeast King Road

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 5041 Southeast King Road, Milwaukie, OR 97222

5041 Southeast King Road is a multi-family home for sale in Milwaukie, OR 97222. This property was listed for sale on December 20, 2025 by Keller Williams Premier Partners, it's currently listed at $1,200,000. This listing's school district is North Clackamas School District 12. Nearby schools include Lewelling Elementary School, Rowe Middle School and Milwaukie High School. 5041 Southeast King Road is a 0-bed, 0-bath, 3,666 sqft multi-family home built in 2026.

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 Keller Williams Premier Partners

All information provided is deemed reliable but is not guaranteed and should be independently verified. The content relating to real estate for sale on this web site comes in part from the IDX program of the RMLS of Portland Oregon. Real estate listings held by brokerage firms other than Compass are marked with the RMLS logo and detailed information about these properties includes the names of the listing brokers. Copyright © 2026 RMLS, Portland, Oregon. Last updated: 04/07/2026 12:12 AM