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$1,100,000

  • Sold
  • Sold
  • Multi-Family
  • Updated 5 days ago
See This Home
Save This Home
See This Home
Save This Home
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.

Full Property Details for 5041 SE King Rd

General

  • Sold For: $1,100,000
  • Status: Sold
  • Type: Multi-Family
  • Source: RWMLS
  • MLS ID: 596045290
  • Added to Site: 149 day(s) ago

Rental Information

  • Rent Includes: None

Parking

  • Garage: Yes
  • Parking Features: Garage

Location

  • County: Clackamas
  • Driving Directions: SE 82nd Ave to SE King Rd

School Information

  • Midd School District: Rowe
  • Elementary School: Lewelling
  • Middle School: Rowe
  • High School: Milwaukie

Community

  • Community Name: 145 - Milwaukie, Gladstone, Happy Valley, Clckmas, Dmscus, Estacada

Heating & Cooling

  • Air Conditioning: Yes
  • Cooling Type: Mini Split
  • Heating Type: Mini Split
  • Heating Fuel: Electricity

Utilities

  • Sewer: Public Sewer
  • Water: Public Water

Structural Information

  • Property Detached: Yes
  • Basement Desc.: None
  • Roof: Composition
  • Stories/Levels: 2
  • Square Feet: 3,666
  • Year Built: 2026
  • Property Condition: Under Construction

Lot Features

  • Lot Size: 5, 000 to 6, 999 SqFt
  • Frontage: Paved
  • Lot Features: Level

Financial Considerations

  • Terms: Cash, Conventional

Disclosures and Reports

  • Disclosures/Reports: Exempt
  • Property ID: New Construction

Listed by Keller Williams Premier Partners (360) 693-3336, Viktor Rudnitskii (503) 756-0029
Sold by eXp Realty, LLC (888) 814-9613, Terry Foster

Listing agent

— 5041 SE King Rd —

  • Viktor Rudnitskii

    Keller Williams Premier Partners

    360-693-3336

viktor@idealhomesteam.com

Get Pre-Approved Today

Be ready to buy your new home!

with our affiliated lender
NMLS#: 1598647

Get Pre-Approved

Be ready to buy your new home!

with our affiliated lender
NMLS#: 1598647

Get Pre-Approved

Schools serving 5041 SE King Rd

School District:North Clackamas School District 12
NameGradesDistance
Lewelling Elementary School
5325 Southeast Logus Road, Milwaukie, OR 97222
K-50.3 mi
Rowe Middle School
3606 Southeast Lake Road, Milwaukie, OR 97222
6-81.3 mi
Milwaukie High School
2301 Southeast Willard Street, Milwaukie, OR 97222
9-121.4 mi
Disclaimer: School attendance boundaries provided by ATTOM Data Solutions and are for reference only. Contact the school directly to verify enrollment eligibility.

Price & Sales History for 5041 SE King Rd

Date
Details
Price
Change
Source
5/11/2026
Sold
$1,100,000
-8.33%
MLS
12/20/2025
Listed
$1,200,000
—
MLS
Disclaimer: Historical sales information is derived from public records provided by the county offices. Information is not guaranteed and should be independently verified.

Listed by Keller Williams Premier Partners (360) 693-3336, Viktor Rudnitskii (503) 756-0029
Sold by eXp Realty, LLC (888) 814-9613, Terry Foster

Just Listed near 5041 SE King Rd

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6903 Glen Echo Ave, Gladstone, OR 97027 - Photo 1 Just Listed
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6903 Glen Echo Ave  #B  Gladstone, OR 97027

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2430 Summit Ct, Lake Oswego, OR 97034 - Photo 1 Just Listed
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17055 SE Webster Rd, Gladstone, OR 97027 - Photo 1 Just Listed
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Listed by RE/MAX Equity Group, Brianna Snodgrass
29 Oswego Summit, Lake Oswego, OR 97035 - Photo 1 Just Listed
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Price Reduced near 5041 SE King Rd

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45 Eagle Crest Dr, Lake Oswego, OR 97035 - Photo 1 Price Reduced
-$7,000 (-2.72%)
$250,000

45 Eagle Crest Dr  #311  Lake Oswego, OR 97035

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Listed by Opt, Aaron Pontius
17332 Lake Haven Dr, Lake Oswego, OR 97035 - Photo 1 Price Reduced
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17332 Lake Haven Dr  Lake Oswego, OR 97035

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  • Active
  • Updated 4 days ago
  • 4
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  • 2
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  • 2,799
    Sq. Ft.
Listed by Cascade Hasson Sotheby's International Realty, Karie Jett
5955 Washington Ct, Lake Oswego, OR 97035 - Photo 1 Price Reduced
-$100,000 (-7.7%)
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5955 Washington Ct  Lake Oswego, OR 97035

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19319 Dogwood Ct, Lake Oswego, OR 97035 - Photo 1 Price Reduced
-$27,000 (-2.4%)
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19319 Dogwood Ct  Lake Oswego, OR 97035

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    Sq. Ft.
Listed by Soldera Properties, Inc, Chris Hoem and Soldera Properties, Inc, Julie Hoem

Recent Sales near 5041 SE King Rd

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5821 SE Monroe St, Milwaukie, OR 97222 - Photo 1 Sold
$1,150,000

5821 SE Monroe St  Milwaukie, OR 97222

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4917 SE Aldercrest Rd, Milwaukie, OR 97222 - Photo 1 Sold
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4917 SE Aldercrest Rd  Milwaukie, OR 97222

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Listed by Think Real Estate, Hope Beraka
Sold by Think Real Estate, Breylan Deal-Eriksen
11265 SE 30th Ave, Milwaukie, OR 97222 - Photo 1 Sold
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11265 SE 30th Ave  Milwaukie, OR 97222

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Listed by Harcourts Real Estate Network Group, Nancy Kelly and Harcourts Real Estate Network Group, Marissa Kelly
Sold by Keller Williams PDX Central, Carrie Coffin
4022 SE Aldercrest Rd, Milwaukie, OR 97222 - Photo 1 Sold
$1,050,000

4022 SE Aldercrest Rd  Milwaukie, OR 97222

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  • 5
    Beds
  • 4
    Total Baths
  • 3,653
    Sq. Ft.
Listed by The Agency Portland, Dirk Hmura and The Agency Portland, Nicole Jochum
Sold by Move Real Estate Inc, Brittany Gibbs

5041 SE King Rd, Milwaukie, OR 97222 (MLS# 596045290) is a Multi-Family property that was sold at $1,100,000 on May 11, 2026. Want to learn more about 5041 SE King Rd? Do you have questions about finding other Multi-Family real estate for sale in Milwaukie? You can browse all Milwaukie real estate or contact a Coldwell Banker agent to request more information.