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
5124 SE APPENINE Way Milwaukie, OR Step into a lifestyle of ease in this nicely maintained 3-bedroom, 2-bathroom ranch. Perfe...	3 beds \| 2 baths \| 1,263 sq.ft.	$525,000	Airbnb cash on cash: -0.15% Traditional cash on cash: 3.16% Airbnb Rental Income: $1439 Traditional Rental Income: $2635 Airbnb ROI: -0.15% Traditional ROI: 3.16%
7826 SE SPORRI Ln Milwaukie, OR This beautiful three-bedroom, two and a half bath home is tucked away on a charming street...	3 beds \| 3 baths \| 1,509 sq.ft.	$399,999	Airbnb cash on cash: 0.28% Traditional cash on cash: 4.13% Airbnb Rental Income: $1753 Traditional Rental Income: $2713 Airbnb ROI: 0.28% Traditional ROI: 4.13%
6920 SE LAMPHIER St Milwaukie, OR Move-in ready and better than new. High EPS rated Modern Contemporary home within Clackama...	4 beds \| 3 baths \| 1,906 sq.ft.	$594,000	Airbnb cash on cash: N/A Traditional cash on cash: 4.52% Airbnb Rental Income: $null Traditional Rental Income: $3759 Airbnb ROI: N/A Traditional ROI: 4.52%
7930 SE Overland St Milwaukie, OR Open House Sat/Sun 3/28 & 3/29 1-3pm. Step inside and youâll feel right at home. This pr...	3 beds \| 1 baths \| 1,719 sq.ft.	$419,000	Airbnb cash on cash: 1.6% Traditional cash on cash: 3.91% Airbnb Rental Income: $1753 Traditional Rental Income: $2176 Airbnb ROI: 1.6% Traditional ROI: 3.91%
17511 SE SCRUTTON Ln Milwaukie, OR Excellent one-level ranch home on a corner lot in the desirable Milwaukie area! One block ...	3 beds \| 2 baths \| 960 sq.ft.	$420,000	Airbnb cash on cash: 0.66% Traditional cash on cash: 3.93% Airbnb Rental Income: $1571 Traditional Rental Income: $2406 Airbnb ROI: 0.66% Traditional ROI: 3.93%
5073 SE RAINBOW Ln Milwaukie, OR Charming, Fully Refreshed Ranch with Shop and Sunroom!This beautifully updated one-level r...	3 beds \| 1 baths \| 1,240 sq.ft.	$429,000	Airbnb cash on cash: 0.68% Traditional cash on cash: 4.13% Airbnb Rental Income: $1603 Traditional Rental Income: $2533 Airbnb ROI: 0.68% Traditional ROI: 4.13%
3444 SE ALDERCREST Rd Milwaukie, OR Introducing a rare and thoughtfully designed, modern oasis. Step inside and discover three...	3 beds \| 3 baths \| 2,962 sq.ft.	$785,000	Airbnb cash on cash: -0.46% Traditional cash on cash: 1.6% Airbnb Rental Income: $1571 Traditional Rental Income: $2624 Airbnb ROI: -0.46% Traditional ROI: 1.6%
14525 SE FAIROAKS Ave Milwaukie, OR Lovely one level Milwaukie home sitting on a large corner lot. Located only 1 mile from sh...	3 beds \| 1 baths \| 1,246 sq.ft.	$439,900	Airbnb cash on cash: 0.59% Traditional cash on cash: 3.77% Airbnb Rental Income: $1527 Traditional Rental Income: $2393 Airbnb ROI: 0.59% Traditional ROI: 3.77%
6514 SE THIESSEN Rd Milwaukie, OR Step inside this beautifully remodeled 3-bedroom, 2-bath cottage and fall in love with its...	3 beds \| 2 baths \| 1,721 sq.ft.	$489,000	Airbnb cash on cash: 0.29% Traditional cash on cash: 2.92% Airbnb Rental Income: $1439 Traditional Rental Income: $2214 Airbnb ROI: 0.29% Traditional ROI: 2.92%
6541 SE KETCHUM St Milwaukie, OR OPEN HOUSE 4/4 from 2-4pm. Regal Renaissance home built by Street of Dreams builder, truly...	3 beds \| 3 baths \| 2,580 sq.ft.	$798,000	Airbnb cash on cash: -0.6% Traditional cash on cash: 2.86% Airbnb Rental Income: $1753 Traditional Rental Income: $3842 Airbnb ROI: -0.6% Traditional ROI: 2.86%
3081 SE RIESLING Rd Milwaukie, OR Welcome Home! Step in to this open 18-foot-high foyer that leads into elegant formal livin...	4 beds \| 3 baths \| 2,346 sq.ft.	$639,000	Airbnb cash on cash: -1.58% Traditional cash on cash: 3.97% Airbnb Rental Income: $751 Traditional Rental Income: $3744 Airbnb ROI: -1.58% Traditional ROI: 3.97%
6337 SE BROWNLEE Rd Milwaukie, OR Welcome to 6337 SE Brownlee Rd! Nestled on nearly a full acre in Milwaukie, surrounded by ...	4 beds \| 3 baths \| 2,903 sq.ft.	$774,999	Airbnb cash on cash: -1.47% Traditional cash on cash: 3.69% Airbnb Rental Income: $751 Traditional Rental Income: $4161 Airbnb ROI: -1.47% Traditional ROI: 3.69%
14730 SE LUELLA Ln Milwaukie, OR Step into this beautifully updated single-level home, perfectly blending comfort and moder...	3 beds \| 2 baths \| 1,568 sq.ft.	$544,000	Airbnb cash on cash: 0.4% Traditional cash on cash: 3.53% Airbnb Rental Income: $1753 Traditional Rental Income: $2864 Airbnb ROI: 0.4% Traditional ROI: 3.53%
8712 SE 41ST Ave Milwaukie, OR Modernized, move-in ready ranch in the highly sought-after Ardenwald neighborhood. This ho...	2 beds \| 1 baths \| 1,232 sq.ft.	$475,000	Airbnb cash on cash: -0.51% Traditional cash on cash: 3.06% Airbnb Rental Income: $997 Traditional Rental Income: $2229 Airbnb ROI: -0.51% Traditional ROI: 3.06%
4813 SE Barbara Lynn Way Milwaukie, OR Well maintained 4 bedroom plus main level den home in the Cereghino Farms community of Mil...	4 beds \| 3 baths \| 2,379 sq.ft.	$749,000	Airbnb cash on cash: -0.8% Traditional cash on cash: 4.05% Airbnb Rental Income: $751 Traditional Rental Income: $3826 Airbnb ROI: -0.8% Traditional ROI: 4.05%
9504 SE 77TH Ave Milwaukie, OR BACK ON MARKET AT NO FAULT OF SELLER! Detached structure includes a full bathroom and kitc...	4 beds \| 3 baths \| 1,511 sq.ft.	$499,900	Airbnb cash on cash: N/A Traditional cash on cash: 1.45% Airbnb Rental Income: $null Traditional Rental Income: $1603 Airbnb ROI: N/A Traditional ROI: 1.45%
12313 SE OATFIELD Rd Milwaukie, OR Fantastic home on almost 1/2 acre with excellent layout and spacious gated drive! Within m...	3 beds \| 3 baths \| 3,572 sq.ft.	$725,000	Airbnb cash on cash: -0.46% Traditional cash on cash: 0.98% Airbnb Rental Income: $1571 Traditional Rental Income: $2093 Airbnb ROI: -0.46% Traditional ROI: 0.98%
6898 SE BRIGADOON St Milwaukie, OR This beautiful 4-bedroom, 2.5-bathroom home is nestled in a tranquil cul de sac. The prope...	4 beds \| 3 baths \| 2,156 sq.ft.	$629,999	Airbnb cash on cash: N/A Traditional cash on cash: 3.05% Airbnb Rental Income: $null Traditional Rental Income: $3094 Airbnb ROI: N/A Traditional ROI: 3.05%
6311 SE Chloe Rose Way Milwaukie, OR Nestled in a prime Milwaukie location, this brand-new 3-bedroom, 2.5-bath home offers appr...	3 beds \| 3 baths \| 1,700 sq.ft.	$499,900	Airbnb cash on cash: -0.02% Traditional cash on cash: 5.31% Airbnb Rental Income: $1571 Traditional Rental Income: $3609 Airbnb ROI: -0.02% Traditional ROI: 5.31%
6315 SE Chloe Rose Way Milwaukie, OR This newly completed 3-bedroom, 2.5-bath home offers approximately 1,700 sq. ft. of though...	3 beds \| 3 baths \| 1,700 sq.ft.	$499,900	Airbnb cash on cash: -0.09% Traditional cash on cash: 5.24% Airbnb Rental Income: $1571 Traditional Rental Income: $3609 Airbnb ROI: -0.09% Traditional ROI: 5.24%
4807 SE INA Ave Milwaukie, OR Only Detached Home Remaining! No HOA. Under $400K! Wake up and walk to coffee. Hop on McLo...	2 beds \| 3 baths \| 1,398 sq.ft.	$399,900	Airbnb cash on cash: -0.1% Traditional cash on cash: 5.04% Airbnb Rental Income: $960 Traditional Rental Income: $2538 Airbnb ROI: -0.1% Traditional ROI: 5.04%
15915 Harold Ave Milwaukie, OR Do not miss this Milwaukie gem in fantastic Milwaukie location! Potential for two addition...	3 beds \| 2 baths \| 1,840 sq.ft.	$619,000	Airbnb cash on cash: 0.77% Traditional cash on cash: 4.51% Airbnb Rental Income: $1571 Traditional Rental Income: $3281 Airbnb ROI: 0.77% Traditional ROI: 4.51%
5778 SE MCNARY Rd Milwaukie, OR Back on market, no fault of seller. Rare opportunity to own a single-level home on a spaci...	3 beds \| 2 baths \| 2,830 sq.ft.	$714,900	Airbnb cash on cash: -0.77% Traditional cash on cash: 3.26% Airbnb Rental Income: $1571 Traditional Rental Income: $3807 Airbnb ROI: -0.77% Traditional ROI: 3.26%
3585 SE OLSEN St Milwaukie, OR This home has been newly updated including all plumbing, HVAC, new kitchen, baths, applian...	3 beds \| 2 baths \| 1,996 sq.ft.	$599,900	Airbnb cash on cash: 0.44% Traditional cash on cash: 3.63% Airbnb Rental Income: $1724 Traditional Rental Income: $3035 Airbnb ROI: 0.44% Traditional ROI: 3.63%
3434 SE ROCKWOOD St Milwaukie, OR Offer Received-All offers due by 6 p.m. tonight 04/02/26 Open House Friday 04/03 4:30-6:...	3 beds \| 2 baths \| 1,417 sq.ft.	$569,830	Airbnb cash on cash: 0.31% Traditional cash on cash: 3.09% Airbnb Rental Income: $1724 Traditional Rental Income: $2732 Airbnb ROI: 0.31% Traditional ROI: 3.09%
17125 SE SHADOW Ct Milwaukie, OR Discover this meticulously maintained corner-lot ranch in the sought-after Jennings Lodge ...	3 beds \| 2 baths \| 1,628 sq.ft.	$589,000	Airbnb cash on cash: -0.05% Traditional cash on cash: 3.99% Airbnb Rental Income: $1571 Traditional Rental Income: $3344 Airbnb ROI: -0.05% Traditional ROI: 3.99%
9833 SE 17TH Ave Milwaukie, OR Exceptional 2.51-acre shovel-ready development opportunity approved for a 41-unit cottage ...	3 beds \| 2 baths \| 2,667 sq.ft.	$1,995,000	Airbnb cash on cash: -0.76% Traditional cash on cash: 0.57% Airbnb Rental Income: $1468 Traditional Rental Income: $3494 Airbnb ROI: -0.76% Traditional ROI: 0.57%
5041 SE King Rd Milwaukie, OR Rare pre-construction triplex investment opportunity in Milwaukie. This new construction p...	9 beds \| 9 baths \| 3,666 sq.ft.	$1,200,000	Airbnb cash on cash: N/A Traditional cash on cash: 0.64% Airbnb Rental Income: $null Traditional Rental Income: $2998 Airbnb ROI: N/A Traditional ROI: 0.64%
4241 SE NORTHRIDGE Dr Milwaukie, OR Beautifully maintained two-level home in a quiet Milwaukie neighborhood. Recent 2025 updat...	2 beds \| 2 baths \| 1,700 sq.ft.	$574,900	Airbnb cash on cash: -1.08% Traditional cash on cash: 1.45% Airbnb Rental Income: $960 Traditional Rental Income: $1972 Airbnb ROI: -1.08% Traditional ROI: 1.45%
6500 SE MADRONA Dr Milwaukie, OR Nestled on a spacious corner lot in the heart of Milwaukie, Oregon, this charming single l...	4 beds \| 2 baths \| 1,344 sq.ft.	$435,000	Airbnb cash on cash: N/A Traditional cash on cash: 3.53% Airbnb Rental Income: $null Traditional Rental Income: $2342 Airbnb ROI: N/A Traditional ROI: 3.53%
12700 SE 27TH Ave Milwaukie, OR Tucked away on a quiet cul-de-sac, this spacious 4-bedroom, 2-bath home offers the perfect...	4 beds \| 2 baths \| 1,927 sq.ft.	$459,000	Airbnb cash on cash: -0.36% Traditional cash on cash: 6.46% Airbnb Rental Income: $984 Traditional Rental Income: $3561 Airbnb ROI: -0.36% Traditional ROI: 6.46%
5041 SE King Rd unit: B Milwaukie, OR Pre-construction opportunity in Milwaukie! This 3 bedroom, 2 bathroom unit is part of a th...	3 beds \| 3 baths \| 1,210 sq.ft.	$415,000	Airbnb cash on cash: 0.59% Traditional cash on cash: 3.75% Airbnb Rental Income: $1603 Traditional Rental Income: $2375 Airbnb ROI: 0.59% Traditional ROI: 3.75%
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.	$505,000	Airbnb cash on cash: 0.87% Traditional cash on cash: 2.86% Airbnb Rental Income: $1753 Traditional Rental Income: $2212 Airbnb ROI: 0.87% Traditional ROI: 2.86%
13945 SE PIPER CUB Way Milwaukie, OR Last home available in the beautiful Fawn Meadows subdivision! Homes built by local builde...	3 beds \| 3 baths \| 1,816 sq.ft.	$629,960	Airbnb cash on cash: -0.22% Traditional cash on cash: 3.66% Airbnb Rental Income: $1571 Traditional Rental Income: $3401 Airbnb ROI: -0.22% Traditional ROI: 3.66%
14641 SE THORNAPPLE Ln Milwaukie, OR Welcome to Greenbrier - A Hidden Gem in Clackamas!Nestled in the serene and sought-after G...	5 beds \| 3 baths \| 3,063 sq.ft.	$749,000	Airbnb cash on cash: N/A Traditional cash on cash: 3.03% Airbnb Rental Income: $null Traditional Rental Income: $3511 Airbnb ROI: N/A Traditional ROI: 3.03%
6305 SE CHLOE ROSE Way Milwaukie, OR Introducing Chloe Creek Estates, a community of high-quality attached residences. Each res...	3 beds \| 3 baths \| 1,528 sq.ft.	$499,900	Airbnb cash on cash: 0.23% Traditional cash on cash: 3.81% Airbnb Rental Income: $1571 Traditional Rental Income: $2793 Airbnb ROI: 0.23% Traditional ROI: 3.81%
14601 SE RIVER Rd Milwaukie, OR Great development opportunity on a one-acre lot in Milwaukie. A long private, gated drivew...	3 beds \| 1 baths \| 1,000 sq.ft.	$825,000	Airbnb cash on cash: -0.36% Traditional cash on cash: 1.1% Airbnb Rental Income: $1527 Traditional Rental Income: $2203 Airbnb ROI: -0.36% Traditional ROI: 1.1%
4954 SE WILLOW St Milwaukie, OR Nestled in the heart of Milwaukie, this charming home blends warmth, character, and opport...	4 beds \| 3 baths \| 2,496 sq.ft.	$520,000	Airbnb cash on cash: N/A Traditional cash on cash: 4.63% Airbnb Rental Income: $null Traditional Rental Income: $3391 Airbnb ROI: N/A Traditional ROI: 4.63%
6167 SE KELLOGG Ct Milwaukie, OR Tucked away on a quiet cul-de-sac, this custom-built 1971 creekside home is a true Milwauk...	5 beds \| 3 baths \| 3,028 sq.ft.	$599,000	Airbnb cash on cash: N/A Traditional cash on cash: 4.31% Airbnb Rental Income: $null Traditional Rental Income: $3768 Airbnb ROI: N/A Traditional ROI: 4.31%

Real Estate investment in Milwaukie, OR

There are 70 properties for sale in the city of Milwaukie . The median list price in Milwaukie is $517,500 and the average price per square foot is $229. In April 2026, the average monthly cash on cash return in Milwaukie is 4.00%. The average monthly rental income in Milwaukie is $2,818.

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

There are 70 investment properties available for sale in Milwaukie.

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

The ROI for Short-Term is higher than the Long-Term in Milwaukie with average rental income of $1,571.

Your search for investment property begins and ends here

Investment Property for Sale in Milwaukie, OR

5124 SE APPENINE Way

Milwaukie, OR

3 beds | 2 baths | 1,263 sq.ft.

$525,000

Airbnb cash on cash: -0.15%

Traditional cash on cash: 3.16%

Airbnb Rental Income: $1439

Traditional Rental Income: $2635

Airbnb ROI: -0.15%

Traditional ROI: 3.16%

7826 SE SPORRI Ln

Milwaukie, OR

3 beds | 3 baths | 1,509 sq.ft.

$399,999

Airbnb cash on cash: 0.28%

Traditional cash on cash: 4.13%

Airbnb Rental Income: $1753

Traditional Rental Income: $2713

Airbnb ROI: 0.28%

Traditional ROI: 4.13%

6920 SE LAMPHIER St

Milwaukie, OR

4 beds | 3 baths | 1,906 sq.ft.

$594,000

Airbnb cash on cash: N/A

Traditional cash on cash: 4.52%

Airbnb Rental Income: $null

Traditional Rental Income: $3759

Airbnb ROI: N/A

Traditional ROI: 4.52%

7930 SE Overland St

Milwaukie, OR

3 beds | 1 baths | 1,719 sq.ft.

$419,000

Airbnb cash on cash: 1.6%

Traditional cash on cash: 3.91%

Airbnb Rental Income: $1753

Traditional Rental Income: $2176

Airbnb ROI: 1.6%

Traditional ROI: 3.91%

17511 SE SCRUTTON Ln

Milwaukie, OR

3 beds | 2 baths | 960 sq.ft.

$420,000

Airbnb cash on cash: 0.66%

Traditional cash on cash: 3.93%

Airbnb Rental Income: $1571

Traditional Rental Income: $2406

Airbnb ROI: 0.66%

Traditional ROI: 3.93%

5073 SE RAINBOW Ln

Milwaukie, OR

3 beds | 1 baths | 1,240 sq.ft.

$429,000

Airbnb cash on cash: 0.68%

Traditional cash on cash: 4.13%

Airbnb Rental Income: $1603

Traditional Rental Income: $2533

Airbnb ROI: 0.68%

Traditional ROI: 4.13%

3444 SE ALDERCREST Rd

Milwaukie, OR

3 beds | 3 baths | 2,962 sq.ft.

$785,000

Airbnb cash on cash: -0.46%

Traditional cash on cash: 1.6%

Airbnb Rental Income: $1571

Traditional Rental Income: $2624

Airbnb ROI: -0.46%

Traditional ROI: 1.6%

14525 SE FAIROAKS Ave

Milwaukie, OR

3 beds | 1 baths | 1,246 sq.ft.

$439,900

Airbnb cash on cash: 0.59%

Traditional cash on cash: 3.77%

Airbnb Rental Income: $1527

Traditional Rental Income: $2393

Airbnb ROI: 0.59%