5141 SE Aldona CT, Milwaukie, OR 97267

$13,774,900
46,391
SqFt

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List Price
$13,774,900
Days on Market
160
MLS#
336091629
Property Type
Multifamily
Sqft. of Residence
46,391
Lot Size
20, 000 SqFt to .99 Acres
Region
Milwaukie, Gladstone, Happy Valley, Clckmas, Dmscus, Estacada
Status
ACTIVE

Property Description

Built by a multi-year Street of Dreams builder and Builder of the Year award winner by the Home Building Association, Robbins Place is a newly constructed 29-unit multifamily community offering scale, efficiency, and long-term durability in a growing Milwaukie submarket. The development consists of twenty-nine three-bedroom, two and a half bathroom homes totaling approximately 46,391 rentable square feet, delivering 87 bedrooms, 58 full bathrooms, and 29 half bathrooms across the community. Each unit features an efficiently designed two-story layout with open-concept main level living, covered front porch, private patio, fenced yard, and attached garage. Unit sizes range from approximately 1,472 to 1,816 square feet, with an average unit size of ~1,600 square feet, supporting strong rental positioning within the three-bedroom segment of the market. One-car attached garages with additional driveway parking enhance tenant appeal and functionality. All bedrooms are located upstairs along with a full laundry room, while a main-level half bathroom adds convenience. Constructed with durability and long-term performance in mind, the community includes high-efficiency gas forced-air heating, modern insulation standards, and quality finishes throughout. Double-framed common walls with a one-inch air gap and insulation between units enhance separation and privacy. Located in Clackamas County, the property benefits from tax positioning outside Portland city limits while maintaining close proximity to Milwaukie Bay Park and the Willamette River waterfront (~1.5 mi), downtown Milwaukie shops and dining (~1.5 mi), New Seasons Market (~1.6 mi), the Milwaukie/Main Street MAX Station (~1.7 mi), and convenient access to SE McLoughlin Blvd. The combination of location, unit mix, scale, and new construction quality presents a compelling opportunity for investors seeking stabilized cash flow, portfolio expansion, or long-term hold potential in a high-demand rental corridor.

Additional Information

Year Built
2026
High School
Putnam
Elementary School
View Acres
Middle School
Alder Creek
Acres
2.82
Living Area
46,391
Stories
2
Subdivision
OAK GROVE COMMUNITY COUNCIL
Terms
Cash, Conventional
Cooling Description
None
Fuel Description
Gas
Heating Description
Forced Air - 90%
Hoa Rent Includes
None
Hot Water Description
Gas, Tank
Exterior Description
Board & Batten Siding, Cement Siding, Lap Siding
Roof Type
Composition
Sewer Description
Public Sewer
View
Trees/Woods
Parking
Driveway, Garage
Security Or Entry
Sidewalk
Parking Description
Driveway, Garage
Road Surface
Paved
Number Of Units Total
29
Unit Type One Baths Total
3
Unit Type One Beds Total
3
Unit Type One Rent
2895
Unit Type One Sq Ft
1475
Unit Type One Units Total
10
Unit Type Two Baths Total
3
Unit Type Two Beds Total
3
Unit Type Two Units Total
11
Unit Type Three Baths Total
3
Unit Type Three Beds Total
3
Unit Type Three Rent
2995
Unit Type Three Sq Ft
1725
Unit Type Three Units Total
6
Unit Type Four Baths Total
3
Unit Type Four Beds Total
3
Unit Type Four Rent
3050
Unit Type Four Sq Ft
1816
Unit Type Four Units Total
2

Mortgage Calculator

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Calculator source: Real Geeks

Listing courtesy of Keller Williams Realty Portland Premiere.

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