Recently Viewed Properties
See This Home
Save This Listing
Close

View All Photos

$419,000 Just Listed

  • For Sale
  • Active
  • Single Family
  • 3 Beds
  • 1 Full Bath
  • 1,240 Sq. Ft.
  • Updated 2 days ago
See This Home
Save This Home
See This Home
Save This Home
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.

Full Property Details for 5073 SE Rainbow Ln

General

  • Price: $419,000
  • Taxes: $4,051 (2025)
  • Status: Active
  • Type: Single Family
  • Source: RWMLS
  • MLS ID: 531220443
  • Updated: 3/21/2026
  • Added to Site: 3 day(s) ago

Interior

  • Interior Features: Hardwood Floors, Laminate Flooring, Laundry, Quartz
  • Appliances: Dishwasher, Disposal, Free-Standing Range, Free-Standing Refrigerator, Microwave, Quartz, Stainless Steel Appliance(s)

Rooms

Bathrooms

  • Total Bathrooms: 1
  • Full Bathrooms: 1
  • Main - Full Baths: 1

Bedrooms

  • Total Bedrooms: 3
  • Primary Bedroom: 13 x 10, Main, 130 Sq. Ft.
  • Bedroom 2: 9 x 12, Main, 108 Sq. Ft.
  • Bedroom 3: 9 x 9, Main, 81 Sq. Ft.

Other Rooms

  • Living Room: 14 x 12, Main, 168 Sq. Ft.
  • Kitchen: 17 x 11, Main, 187 Sq. Ft.
  • Sun Room/Solarium: 14 x 10, Main
  • Laundry: 12 x 10, Main

Exterior

  • Exterior Features: Covered Patio, Fenced, RV/Boat Storage, Yard

Parking

  • Garage: Yes
  • Total Spaces: 1
  • Parking Features: Driveway, Off Street

Location

  • County: Clackamas
  • Driving Directions: SE Johnson Creek, South on SE 55th Ave, West on SE Rainbow Ln

School Information

  • Elementary School: Ardenwald
  • Middle School: Rowe
  • High School: Milwaukie

Community

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

Heating & Cooling

  • Cooling Type: None
  • Heating Type: Forced Air
  • Heating Fuel: Gas

Utilities

  • Sewer: Public Sewer
  • Water: Public Water

Structural Information

  • Property Detached: Yes
  • Architectural Style: 1 Story, Ranch
  • Basement Desc.: Crawl Space
  • Roof: Composition
  • Windows: Double Pane Windows, Vinyl Frames
  • Stories/Levels: 1
  • Square Feet: 1,240
  • Year Built: 1963
  • Property Condition: Updated/Remodeled

Lot Features

  • Lot Size (Acres): 0.16
  • Lot Size (Sq. Ft.): 6,969
  • Lot Size: 7, 000 to 9, 999 SqFt
  • Frontage: Paved
  • Lot Features: Level

Financial Considerations

  • Tax Amount: $4,051.55
  • Tax Year: 2025
  • Terms: Cash, Conventional, FHA, VA Loan

Disclosures and Reports

  • Legal Description: 916 TARRYBROOKS #2 LT 6 BLK 3
  • Disclosures/Reports: Disclosure
  • Property ID: 73529

Listed by Real Broker (855) 450-0442, Marshall Rosario (971) 645-6977

Quickly Find Out More

* Indicates a required field

Yes, I would like more information. Please use and/or share my information with a Coldwell Banker ® affiliated agent to contact me about my real estate needs. By clicking Send Message, I request to be contacted by phone or text message and consent to being contacted by automated means. I understand that my consent to receive calls or texts is not a condition of purchasing any property, goods, or services. Alternatively, I understand that I can access real estate services by email or I can contact the agent myself.

If an Coldwell Banker affiliated agent is not available in the area where I need assistance, I agree to be contacted by a real estate agent affiliated with another brand owned or licensed by Anywhere Real Estate (BHGRE®, CENTURY 21®, Corcoran®, ERA®, or Sotheby’s International Realty®). I acknowledge that I have read and agree to the Terms of Use and Privacy Notice.

We Value Your Privacy

Listing agent

— 5073 SE Rainbow Ln —

  • Marshall Rosario

    Real Broker

    855-450-0442

marshall@primenwhomes.com

Get Pre-Approved Today

Be ready to buy your new home!

with our affiliated lender
NMLS#: 1598647

Get Pre-Approved

Get a Great Insurance Rate

Find the right home insurance for your new home!

with our affiliated in-house agency

Request a Quote

Save up to an additional 20% by bundling your home and auto together!

Be ready to buy your new home!

with our affiliated lender
NMLS#: 1598647

Get Pre-Approved

Find the right home insurance for your new home!

with our affiliated in-house agency

Request a Quote

Save up to an additional 20% by bundling your home and auto together!

Schools serving 5073 SE Rainbow Ln

School District:North Clackamas School District 12
NameGradesDistance
Ardenwald Elementary School
8950 Southeast 36th Avenue, Milwaukie, OR 97222
K-50.7 mi
Rowe Middle School
3606 Southeast Lake Road, Milwaukie, OR 97222
6-81.8 mi
Milwaukie High School
2301 Southeast Willard Street, Milwaukie, OR 97222
9-121.7 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 5073 SE Rainbow Ln Get Price Alerts and Save Property

Date
Details
Price
Change
Source
3/20/2026
Listed
$419,000
56.05%
MLS
1/14/2026
Sold
$268,502
—
Public Record
Get Price Alerts and Save Property
Disclaimer: Historical sales information is derived from public records provided by the county offices. Information is not guaranteed and should be independently verified.

Tax History for 5073 SE Rainbow Ln

Year
Property Taxes
Change
Tax Assessment
Change
2025
$4,052
4%
$184,124
3%
2024
$3,913
3%
$178,762
3%
2023
$3,803
9%
$173,556
6%
2021
$3,487
-3%
$163,594
-3%
2022
$3,613
4%
$168,501
6%
2021
$3,487
5%
$158,830
3%
2019
$3,328
12%
$154,204
3%
2018
$2,959
3%
$149,713
3%
2017
$2,875
3%
$145,352
3%
2016
$2,778
5%
$141,118
3%
2015
$2,646
5%
$137,008
3%
2014
$2,509
2%
$133,017
3%
2013
$2,448
—
$129,143
—
View All
Disclaimer: Historical tax information is derived from public records provided by the county offices. Information is not guaranteed and should be independently verified.

Estimate the Cost for 5073 SE Rainbow Ln

$
Down Payment
%
$
%

$
$

*These costs are estimates, and the interest rates assume exceptional credit standing.

Be ready to buy your new home!

with our affiliated lender
NMLS#: 1598647

Get Pre-Approved

Listed by Real Broker (855) 450-0442, Marshall Rosario (971) 645-6977

Just Listed near 5073 SE Rainbow Ln

This is a carousel with tiles that activate property listing cards. Use the previous and next buttons to navigate.

3525 Lake Grove Ave, Lake Oswego, OR 97035 - Photo 1 Just Listed
$3,600,000
Open House

3525 Lake Grove Ave  Lake Oswego, OR 97035

  • Single Family
  • Active
  • Updated 1 hour ago
  • 4
    Beds
  • 3
    Total Baths
  • 5,007
    Sq. Ft.
Listed by Premiere Property Group, LLC, Haris Wolfgang and Premiere Property Group, LLC, Adine Peterson
12647 SW 21st Ct, Lake Oswego, OR 97035 - Photo 1 Just Listed
$969,900

12647 SW 21st Ct  Lake Oswego, OR 97035

  • Single Family
  • Active
  • Updated 3 days ago
  • 5
    Beds
  • 2
    Total Baths
  • 3,192
    Sq. Ft.
Listed by Oregon First, Kristopher Erickson
916 Cumberland Rd, Lake Oswego, OR 97034 - Photo 1 Just Listed
$865,000

916 Cumberland Rd  Lake Oswego, OR 97034

  • Single Family
  • Active
  • Updated 8 hours ago
  • 3
    Beds
  • 2
    Total Baths
  • 1,700
    Sq. Ft.
Listed by Opt, Sean Shepard
4361 Albert Cir, Lake Oswego, OR 97035 - Photo 1 Just Listed
$999,000

4361 Albert Cir  Lake Oswego, OR 97035

  • Single Family
  • Active
  • Updated 3 days ago
  • 4
    Beds
  • 2
    Total Baths
  • 2,227
    Sq. Ft.
Listed by Keller Williams Realty Professionals, Hannah Wolfe

Price Reduced near 5073 SE Rainbow Ln

This is a carousel with tiles that activate property listing cards. Use the previous and next buttons to navigate.

3872 Botticelli St, Lake Oswego, OR 97035 - Photo 1 Price Reduced
-$6,000 (-1.56%)
$379,000

3872 Botticelli St  Lake Oswego, OR 97035

  • Townhouse
  • Active
  • Updated 5 days ago
  • 3
    Beds
  • 2
    Total Baths
  • 1,171
    Sq. Ft.
Listed by Cascade Hasson Sotheby's International Realty, Jen Wiley
1908 Bonniebrae Dr, Lake Oswego, OR 97034 - Photo 1 Price Reduced
-$10,000 (-1.54%)
$639,999

1908 Bonniebrae Dr  Lake Oswego, OR 97034

  • Condo / Townhouse
  • Active
  • Updated 3 days ago
  • 3
    Beds
  • 2
    Total Baths
  • 1,739
    Sq. Ft.
Listed by John L. Scott, Steve Seislove
16038 Reese Rd, Lake Oswego, OR 97035 - Photo 1 Price Reduced
-$50,000 (-4.65%)
$1,025,000

16038 Reese Rd  Lake Oswego, OR 97035

  • Single Family
  • Active
  • Updated 4 days ago
  • 4
    Beds
  • 3
    Total Baths
  • 3,189
    Sq. Ft.
Listed by Keller Williams Realty Portland Premiere, Lara James and Keller Williams Realty Portland Premiere, Pam Waldman
2627 Park Rd, Lake Oswego, OR 97034 - Photo 1 Price Reduced
-$149,900 (-5%)
$2,850,000

2627 Park Rd  Lake Oswego, OR 97034

  • Single Family
  • Active
  • Updated 4 days ago
  • 4
    Beds
  • 3
    Total Baths
  • 4,992
    Sq. Ft.
Listed by Windermere Realty Trust, Dennis Laird

Recent Sales near 5073 SE Rainbow Ln

This is a carousel with tiles that activate property listing cards. Use the previous and next buttons to navigate.

4835 SE Brookside Dr, Milwaukie, OR 97222 - Photo 1 Sold
$400,000

4835 SE Brookside Dr  Milwaukie, OR 97222

  • Single Family
  • Sold
  • 2
    Beds
  • 1
    Total Bath
  • 864
    Sq. Ft.
Listed by The Broker Network, LLC, Jamie Hinkel and The Broker Network, LLC, Mya Fulmer
Sold by Lark and Fir Realty LLC, Chylese Austin
4735 SE Brookside Dr, Milwaukie, OR 97222 - Photo 1 Sold
$470,000

4735 SE Brookside Dr  Milwaukie, OR 97222

  • Single Family
  • Sold
  • 3
    Beds
  • 2
    Total Baths
  • 1,332
    Sq. Ft.
Listed by Keller Williams PDX Central, Tami Liesy
Sold by Neighbors Realty, KC Heaney
9524 SE 55th Ave, Milwaukie, OR 97222 - Photo 1 Sold
$430,000

9524 SE 55th Ave  Milwaukie, OR 97222

  • Single Family
  • Sold
  • 2
    Beds
  • 1
    Total Bath
  • 1,133
    Sq. Ft.
Listed by Cascade Hasson Sotheby's International Realty, Tricia Smith
Sold by Keller Williams Realty Professionals, Gabriela Mann
9404 SE 42nd Ave, Milwaukie, OR 97222 - Photo 1 Sold
$389,000

9404 SE 42nd Ave  Milwaukie, OR 97222

  • Single Family
  • Sold
  • Updated 3 days ago
  • 3
    Beds
  • 1
    Total Bath
  • 1,288
    Sq. Ft.
Listed by eXp Realty, LLC, Nick Shivers and eXp Realty, LLC, Tayla Cabana
Sold by Move Real Estate Inc, Brittany Gibbs

5073 SE Rainbow Ln, Milwaukie, OR 97222 (MLS# 531220443) is a Single Family property with 3 bedrooms and 1 full bathroom. 5073 SE Rainbow Ln is currently listed for $419,000 and was received on March 20, 2026. Want to learn more about 5073 SE Rainbow Ln? Do you have questions about finding other Single Family real estate for sale in Milwaukie? You can browse all Milwaukie real estate or contact a Coldwell Banker agent to request more information.

Tour this property