0 Parcel 05038972, Milwaukie, OR 97222

Local realty services provided by:ERA Freeman & Associates, Realtors
0 Parcel 05038972,Milwaukie, OR 97222
$400,000
Virtual Tour
  • 0.69 Acres
  • Lots / Land
  • Active
Listed by: nick shivers
Office: exp realty, llc.
MLS#:510249490
Source:PORTLAND

Price summary

  • Price:$400,000

About this home

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.

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Home facts

  • Listing ID #:510249490
  • Added:168 day(s) ago
  • Updated:February 20, 2026 at 12:23 PM

Structure and exterior

  • Lot area:0.69 Acres

Schools

  • High school:Milwaukie
  • Middle school:Rowe
  • Elementary school:Lewelling

Utilities

  • Water:Water Available

Finances and disclosures

  • Price:$400,000
  • Tax amount:$3,154 (2025)
MLS LogoAll 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 ERA Freeman & Associates, Realtors 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: February 20, 2026

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