Real Estate Investment Properties for Sale in Milwaukie, OR

Looking for investment property in Milwaukie, OR with high ROI ?

Explore a variety of short-term homes & houses in Milwaukie, OR. Invest wisely with VRBO & Milwaukie, OR Airbnb properties available for purchase. Find your ideal investment property among our curated listings for a rewarding real estate venture.

Investment Property for Sale in Milwaukie, OR

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PROPERTY	DETAILS	SALE PRICE	INVESTMENT PERFORMANCE
4215 SE King Rd Milwaukie, OR Fantastic opportunity in a great location. Currently used as a business but this would be ...	N/A beds \| N/A baths \| 5,360 sq.ft.	$1,230,000	Airbnb cash on cash: -1.37% Traditional cash on cash: -1.24% Airbnb Rental Income: $1167 Traditional Rental Income: $933 Airbnb ROI: -1.37% Traditional ROI: -1.24%
0 SE Cedar Ave Milwaukie, OR 0 SE Cedar Ave, Oak Grove, OR 97267 \| Other	N/A beds \| N/A baths \| N/A	$127,500	Airbnb cash on cash: 3.13% Traditional cash on cash: 4.99% Airbnb Rental Income: $1087 Traditional Rental Income: $945 Airbnb ROI: 3.13% Traditional ROI: 4.99%
4103 SE Olsen St #3 Milwaukie, OR 4103 SE Olsen St #3, Milwaukie, OR 97222 \| Condo/Coop	2 beds \| 1 baths \| 816 sq.ft.	$299,999	Airbnb cash on cash: 1.91% Traditional cash on cash: 4.99% Airbnb Rental Income: $1714 Traditional Rental Income: $2109 Airbnb ROI: 1.91% Traditional ROI: 4.99%
7802 SE Sporri Ln #21 Milwaukie, OR 7802 SE Sporri Ln #21, Clackamas OR, OR 97267 \| Condo/Coop	3 beds \| 2 baths \| 1,503 sq.ft.	$399,000	Airbnb cash on cash: 1.2% Traditional cash on cash: 3.57% Airbnb Rental Income: $2085 Traditional Rental Income: $2436 Airbnb ROI: 1.2% Traditional ROI: 3.57%
0 SE Jennings Ave Milwaukie, OR 0 SE Jennings Ave, Gladstone, OR 97267 \| Other	N/A beds \| N/A baths \| 2,780 sq.ft.	$100,000	Airbnb cash on cash: 4.38% Traditional cash on cash: 8.23% Airbnb Rental Income: $1077 Traditional Rental Income: $1083 Airbnb ROI: 4.38% Traditional ROI: 8.23%
Columbia Plan Milwaukie, OR	3 beds \| 2 baths \| 1,561 sq.ft.	$699,900	Airbnb cash on cash: -0.06% Traditional cash on cash: 1.46% Airbnb Rental Income: $2085 Traditional Rental Income: $2541 Airbnb ROI: -0.06% Traditional ROI: 1.46%
Henry Plan Milwaukie, OR	3 beds \| 2 baths \| 2,197 sq.ft.	$749,900	Airbnb cash on cash: -0.18% Traditional cash on cash: 1.75% Airbnb Rental Income: $2085 Traditional Rental Income: $2899 Airbnb ROI: -0.18% Traditional ROI: 1.75%
Mercer Plan Milwaukie, OR	4 beds \| 2 baths \| 2,378 sq.ft.	$779,900	Airbnb cash on cash: 0.02% Traditional cash on cash: 1.89% Airbnb Rental Income: $2321 Traditional Rental Income: $3107 Airbnb ROI: 0.02% Traditional ROI: 1.89%
Pearl Plan Milwaukie, OR	5 beds \| 3 baths \| 2,592 sq.ft.	$799,900	Airbnb cash on cash: N/A Traditional cash on cash: 2.31% Airbnb Rental Income: $null Traditional Rental Income: $3486 Airbnb ROI: N/A Traditional ROI: 2.31%
14206 SE RAELYN Ter Milwaukie, OR This one-story home checks all the boxes with 3 bedrooms, 2 bathrooms, an open concept liv...	3 beds \| 2 baths \| 1,460 sq.ft.	$519,000	Airbnb cash on cash: 1.02% Traditional cash on cash: 4.04% Airbnb Rental Income: $2071 Traditional Rental Income: $3005 Airbnb ROI: 1.02% Traditional ROI: 4.04%
12600 SE Freeman Way Milwaukie, OR 12600 SE Freeman Way, Milwaukie, OR 97222 \| Condo/Coop	2 beds \| 1 baths \| 903 sq.ft.	$254,000	Airbnb cash on cash: -2.2% Traditional cash on cash: 0.79% Airbnb Rental Income: $1343 Traditional Rental Income: $1648 Airbnb ROI: -2.2% Traditional ROI: 0.79%
9505 SE 79TH Ave Milwaukie, OR Charming single-level cottage tucked away in a quiet Milwaukie neighborhood. This 3-bedroo...	3 beds \| 2 baths \| 1,222 sq.ft.	$490,000	Airbnb cash on cash: 1.53% Traditional cash on cash: 2.97% Airbnb Rental Income: $2085 Traditional Rental Income: $2212 Airbnb ROI: 1.53% Traditional ROI: 2.97%
3738 SE Harvey St #1 Milwaukie, OR 3738 SE Harvey St #1, Milwaukie, OR 97222 \| Condo/Coop	2 beds \| 1 baths \| 960 sq.ft.	$250,000	Airbnb cash on cash: 1.79% Traditional cash on cash: 5.24% Airbnb Rental Income: $1714 Traditional Rental Income: $2055 Airbnb ROI: 1.79% Traditional ROI: 5.24%
14617 SE THORNAPPLE Ln Milwaukie, OR Well maintained dream home in one of Milwaukie's most sought-after neighborhoods! Tucked a...	4 beds \| 3 baths \| 2,769 sq.ft.	$659,900	Airbnb cash on cash: 0.72% Traditional cash on cash: 3.36% Airbnb Rental Income: $2321 Traditional Rental Income: $3371 Airbnb ROI: 0.72% Traditional ROI: 3.36%
14047 SE Piper Cub Way Milwaukie, OR Welcome to this stunning newer-construction home nestled in a quiet Milwaukie neighborhood...	4 beds \| 3 baths \| 2,533 sq.ft.	$699,960	Airbnb cash on cash: -0.16% Traditional cash on cash: 3.1% Airbnb Rental Income: $1859 Traditional Rental Income: $3486 Airbnb ROI: -0.16% Traditional ROI: 3.1%
1686 SE Mcbrod Ave #3 Milwaukie, OR 1686 SE Mcbrod Ave #3, Milwaukie, OR 97222 \| Other	N/A beds \| N/A baths \| 0 sq.ft.	$125,000	Airbnb cash on cash: 3.91% Traditional cash on cash: 7% Airbnb Rental Income: $1186 Traditional Rental Income: $1171 Airbnb ROI: 3.91% Traditional ROI: 7%
0 SE Sparrow St Milwaukie, OR 0 SE Sparrow St, Milwaukie, OR 97222 \| Other	N/A beds \| N/A baths \| 0 sq.ft.	$490,000	Airbnb cash on cash: -0.6% Traditional cash on cash: 0.38% Airbnb Rental Income: $1087 Traditional Rental Income: $1165 Airbnb ROI: -0.6% Traditional ROI: 0.38%
0 SE Harrison St #7 Milwaukie, OR 0 SE Harrison St #7, Milwaukie, OR 97222 \| Other	N/A beds \| N/A baths \| N/A	$220,000	Airbnb cash on cash: 1.35% Traditional cash on cash: 2.44% Airbnb Rental Income: $1167 Traditional Rental Income: $1009 Airbnb ROI: 1.35% Traditional ROI: 2.44%
0 SE Harrison St #8 Milwaukie, OR 0 SE Harrison St #8, Milwaukie, OR 97222 \| Other	N/A beds \| N/A baths \| N/A	$220,000	Airbnb cash on cash: 1.35% Traditional cash on cash: 2.44% Airbnb Rental Income: $1167 Traditional Rental Income: $1009 Airbnb ROI: 1.35% Traditional ROI: 2.44%
5139 SE Aldona Ct Milwaukie, OR Built by a multi-year Street of Dreams builder and Builder of the Year award winner by the...	24 beds \| 24 baths \| 11,892 sq.ft.	$3,799,900	Airbnb cash on cash: N/A Traditional cash on cash: 0.05% Airbnb Rental Income: $null Traditional Rental Income: $7180 Airbnb ROI: N/A Traditional ROI: 0.05%
5141 SE Aldona Ct Milwaukie, OR Built by a multi-year Street of Dreams builder and Builder of the Year award winner by the...	6 beds \| 6 baths \| 43,077 sq.ft.	$13,774,900	Airbnb cash on cash: N/A Traditional cash on cash: -1.34% Airbnb Rental Income: $null Traditional Rental Income: $8079 Airbnb ROI: N/A Traditional ROI: -1.34%
8011 SE Sporri Ln #34 Milwaukie, OR Well maintained Condo. Original Owners have updated and upgraded this home for the next po...	3 beds \| 2 baths \| 1,509 sq.ft.	$399,500	Airbnb cash on cash: 1.02% Traditional cash on cash: 4.69% Airbnb Rental Income: $2085 Traditional Rental Income: $2924 Airbnb ROI: 1.02% Traditional ROI: 4.69%
10606 SE Main St #204 Milwaukie, OR Experience the best of downtown Milwaukie, where convenience and community come together r...	2 beds \| 2 baths \| 958 sq.ft.	$350,000	Airbnb cash on cash: -1.23% Traditional cash on cash: 3.68% Airbnb Rental Income: $1528 Traditional Rental Income: $2699 Airbnb ROI: -1.23% Traditional ROI: 3.68%
10992 SE Stanley Ave Milwaukie, OR This newly built 2026 home offers a thoughtful, modern layout with 4 bedrooms, a versatile...	4 beds \| 3 baths \| 2,260 sq.ft.	$715,000	Airbnb cash on cash: 0.71% Traditional cash on cash: 3.65% Airbnb Rental Income: $2321 Traditional Rental Income: $3703 Airbnb ROI: 0.71% Traditional ROI: 3.65%
13136 SE Linden Ln #4 Milwaukie, OR Meticulously maintained 3 bed, 2.5 bath end unit condo tucked away on a quiet dead end str...	3 beds \| 2 baths \| 1,517 sq.ft.	$389,900	Airbnb cash on cash: 0.76% Traditional cash on cash: 3.9% Airbnb Rental Income: $2071 Traditional Rental Income: $2684 Airbnb ROI: 0.76% Traditional ROI: 3.9%
15770 SE REESE Ct Milwaukie, OR Exceptional value awaits in this stunning 4 bed/3 full bath home meticulously maintained b...	4 beds \| 3 baths \| 2,053 sq.ft.	$659,900	Airbnb cash on cash: -0.08% Traditional cash on cash: 4.14% Airbnb Rental Income: $1859 Traditional Rental Income: $3958 Airbnb ROI: -0.08% Traditional ROI: 4.14%

Real Estate investment in Milwaukie, OR

There are 33 properties for sale in the city of Milwaukie . The median list price in Milwaukie is $495,244 and the average price per square foot is $214. In June 2026, the average monthly cash on cash return in Milwaukie is 4.00%. The average monthly rental income in Milwaukie is $2,875.

Milwaukie, OR Real Estate Investing: FAQs for Buyers, Sellers and Investors

There are 33 investment properties available for sale in Milwaukie.

In 2026, the best neighborhood to buy investment property is Lewelling.

The ROI for Long-Term is higher than the Short-Term in Milwaukie with average rental income of $2,875.

Your search for investment property begins and ends here

Investment Property for Sale in Milwaukie, OR

4215 SE King Rd

Milwaukie, OR

N/A beds | N/A baths | 5,360 sq.ft.

$1,230,000

Airbnb cash on cash: -1.37%

Traditional cash on cash: -1.24%

Airbnb Rental Income: $1167

Traditional Rental Income: $933

Airbnb ROI: -1.37%

Traditional ROI: -1.24%

0 SE Cedar Ave

Milwaukie, OR

N/A beds | N/A baths | N/A

$127,500

Airbnb cash on cash: 3.13%

Traditional cash on cash: 4.99%

Airbnb Rental Income: $1087

Traditional Rental Income: $945

Airbnb ROI: 3.13%

Traditional ROI: 4.99%

4103 SE Olsen St #3

Milwaukie, OR

2 beds | 1 baths | 816 sq.ft.

$299,999

Airbnb cash on cash: 1.91%

Traditional cash on cash: 4.99%

Airbnb Rental Income: $1714

Traditional Rental Income: $2109

Airbnb ROI: 1.91%

Traditional ROI: 4.99%

7802 SE Sporri Ln #21

Milwaukie, OR

3 beds | 2 baths | 1,503 sq.ft.

$399,000

Airbnb cash on cash: 1.2%

Traditional cash on cash: 3.57%

Airbnb Rental Income: $2085

Traditional Rental Income: $2436

Airbnb ROI: 1.2%

Traditional ROI: 3.57%

0 SE Jennings Ave

Milwaukie, OR

N/A beds | N/A baths | 2,780 sq.ft.

$100,000

Airbnb cash on cash: 4.38%

Traditional cash on cash: 8.23%

Airbnb Rental Income: $1077

Traditional Rental Income: $1083

Airbnb ROI: 4.38%

Traditional ROI: 8.23%

Columbia Plan

Milwaukie, OR

3 beds | 2 baths | 1,561 sq.ft.

$699,900

Airbnb cash on cash: -0.06%

Traditional cash on cash: 1.46%

Airbnb Rental Income: $2085

Traditional Rental Income: $2541

Airbnb ROI: -0.06%

Traditional ROI: 1.46%

Henry Plan

Milwaukie, OR

3 beds | 2 baths | 2,197 sq.ft.

$749,900

Airbnb cash on cash: -0.18%

Traditional cash on cash: 1.75%

Airbnb Rental Income: $2085

Traditional Rental Income: $2899

Airbnb ROI: -0.18%

Traditional ROI: 1.75%

Mercer Plan

Milwaukie, OR

4 beds | 2 baths | 2,378 sq.ft.

$779,900

Airbnb cash on cash: 0.02%

Traditional cash on cash: 1.89%

Airbnb Rental Income: $2321

Traditional Rental Income: $3107

Airbnb ROI: 0.02%