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
6725 SE MABEL Ave Milwaukie, OR Priced to sell. This spacious, one-level ranch home offers 4 bedrooms and 2 full bathrooms...	4 beds \| 2 baths \| 2,287 sq.ft.	$499,950	Airbnb cash on cash: 0.02% Traditional cash on cash: 2.44% Airbnb Rental Income: $1376 Traditional Rental Income: $2088 Airbnb ROI: 0.02% Traditional ROI: 2.44%
8870 SE SPENCER Dr Milwaukie, OR Rare opportunity to own a thoughtfully maintained home on an oversized lot in close-in Hap...	4 beds \| 2 baths \| 2,007 sq.ft.	$579,900	Airbnb cash on cash: N/A Traditional cash on cash: 4.65% Airbnb Rental Income: $null Traditional Rental Income: $3646 Airbnb ROI: N/A Traditional ROI: 4.65%
11649 SE Fuller Rd #101 Milwaukie, OR Nestled in a peaceful community, this beautifully accessible single-level condo offers com...	2 beds \| 1 baths \| 731 sq.ft.	$224,900	Airbnb cash on cash: -1.31% Traditional cash on cash: 5.94% Airbnb Rental Income: $1138 Traditional Rental Income: $2303 Airbnb ROI: -1.31% Traditional ROI: 5.94%
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: 0.83% Traditional cash on cash: 4.99% Airbnb Rental Income: $749 Traditional Rental Income: $945 Airbnb ROI: 0.83% Traditional ROI: 4.99%
4103 SE Olsen St #8 Milwaukie, OR 4103 SE Olsen St #8, Milwaukie, OR 97222 \| Condo/Coop	2 beds \| 1 baths \| 816 sq.ft.	$359,999	Airbnb cash on cash: -0.04% Traditional cash on cash: 3.85% Airbnb Rental Income: $1181 Traditional Rental Income: $2109 Airbnb ROI: -0.04% Traditional ROI: 3.85%
4103 SE Olsen St #4 Milwaukie, OR 4103 SE Olsen St #4, Milwaukie, OR 97222 \| Condo/Coop	2 beds \| 1 baths \| 732 sq.ft.	$339,999	Airbnb cash on cash: 0.07% Traditional cash on cash: 3.99% Airbnb Rental Income: $1181 Traditional Rental Income: $2048 Airbnb ROI: 0.07% Traditional ROI: 3.99%
4103 SE Olsen St #3 Milwaukie, OR 4103 SE Olsen St #3, Milwaukie, OR 97222 \| Condo/Coop	2 beds \| 1 baths \| 816 sq.ft.	$349,999	Airbnb cash on cash: 0.01% Traditional cash on cash: 4.01% Airbnb Rental Income: $1181 Traditional Rental Income: $2109 Airbnb ROI: 0.01% Traditional ROI: 4.01%
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.	$450,000	Airbnb cash on cash: 0.15% Traditional cash on cash: 3.13% Airbnb Rental Income: $1645 Traditional Rental Income: $2436 Airbnb ROI: 0.15% Traditional ROI: 3.13%
5801 SE Hazel Milwaukie, OR Discover this brand new Craftsman-style construction featuring three bedrooms and two and ...	3 beds \| 2 baths \| 1,305 sq.ft.	$450,000	Airbnb cash on cash: N/A Traditional cash on cash: 5.38% Airbnb Rental Income: $null Traditional Rental Income: $3244 Airbnb ROI: N/A Traditional ROI: 5.38%
4134 SE Washington St Milwaukie, OR Fantastic 1950's Triplex with great rental history in convenient Milwaukie location. Close...	6 beds \| N/A baths \| 2,784 sq.ft.	$695,000	Airbnb cash on cash: N/A Traditional cash on cash: 1.62% Airbnb Rental Income: $null Traditional Rental Income: $2434 Airbnb ROI: N/A Traditional ROI: 1.62%
0 SE Jennings Ave Milwaukie, OR 0 SE Jennings Ave, Gladstone, OR 97267 \| Other	N/A beds \| N/A baths \| 2,780 sq.ft.	$125,000	Airbnb cash on cash: 0.83% Traditional cash on cash: 6.27% Airbnb Rental Income: $741 Traditional Rental Income: $1083 Airbnb ROI: 0.83% Traditional ROI: 6.27%
Columbia Plan Milwaukie, OR	3 beds \| 2 baths \| 1,561 sq.ft.	$699,900	Airbnb cash on cash: -0.68% Traditional cash on cash: 1.32% Airbnb Rental Income: $1645 Traditional Rental Income: $2541 Airbnb ROI: -0.68% Traditional ROI: 1.32%
Henry Plan Milwaukie, OR	3 beds \| 2 baths \| 2,197 sq.ft.	$749,900	Airbnb cash on cash: -0.8% Traditional cash on cash: 1.46% Airbnb Rental Income: $1645 Traditional Rental Income: $2899 Airbnb ROI: -0.8% Traditional ROI: 1.46%
Mercer Plan Milwaukie, OR	4 beds \| 2 baths \| 2,378 sq.ft.	$779,900	Airbnb cash on cash: N/A Traditional cash on cash: 1.53% Airbnb Rental Income: $null Traditional Rental Income: $3107 Airbnb ROI: N/A Traditional ROI: 1.53%
Pearl Plan Milwaukie, OR	5 beds \| 3 baths \| 2,592 sq.ft.	$799,900	Airbnb cash on cash: N/A Traditional cash on cash: 1.85% Airbnb Rental Income: $null Traditional Rental Income: $3486 Airbnb ROI: N/A Traditional ROI: 1.85%
5041 SE King Rd unit: B #B Milwaukie, OR Pre-construction opportunity in Milwaukie! This 3 bedroom, 2 bathroom unit is part of a th...	3 beds \| 2 baths \| 1,210 sq.ft.	$415,000	Airbnb cash on cash: N/A Traditional cash on cash: 4.92% Airbnb Rental Income: $null Traditional Rental Income: $2770 Airbnb ROI: N/A Traditional ROI: 4.92%
10909 SE Home Ave Milwaukie, OR No HOA! Just completed top notch new construction townhome in desirable neighborhood! 3 be...	3 beds \| 2 baths \| 1,323 sq.ft.	$439,900	Airbnb cash on cash: 0.78% Traditional cash on cash: 4.3% Airbnb Rental Income: $1776 Traditional Rental Income: $2738 Airbnb ROI: 0.78% Traditional ROI: 4.3%
12510 SE 23RD Ave Milwaukie, OR Storybook charm meets everyday ease. This sweet cottage is filled with cozy corners, warm ...	2 beds \| 1 baths \| 706 sq.ft.	$379,000	Airbnb cash on cash: 0.29% Traditional cash on cash: 2.84% Airbnb Rental Income: $1127 Traditional Rental Income: $1655 Airbnb ROI: 0.29% Traditional ROI: 2.84%
14123 SE UPPER ALDERCREST Dr Milwaukie, OR Recently remodeled home on a 0.52-acre lot in Milwaukie. Set back from the road and surrou...	3 beds \| 2 baths \| 1,937 sq.ft.	$615,000	Airbnb cash on cash: 0% Traditional cash on cash: 3.86% Airbnb Rental Income: $1617 Traditional Rental Income: $3374 Airbnb ROI: 0% Traditional ROI: 3.86%
16705 SE KINGSRIDGE Ct Milwaukie, OR Skip the Bank Seller Financing Makes This Home More Accessible Than Ever. Tucked at the en...	4 beds \| 2 baths \| 1,702 sq.ft.	$550,000	Airbnb cash on cash: N/A Traditional cash on cash: 3.47% Airbnb Rental Income: $null Traditional Rental Income: $2912 Airbnb ROI: N/A Traditional ROI: 3.47%
18515 SE RIVER Rd Milwaukie, OR OPEN HOUSE Sunday 12pm - 2pm Unleash the Potential of This Milwaukie Property! This ...	4 beds \| 1 baths \| 2,916 sq.ft.	$500,000	Airbnb cash on cash: N/A Traditional cash on cash: 5.58% Airbnb Rental Income: $null Traditional Rental Income: $3617 Airbnb ROI: N/A Traditional ROI: 5.58%
4501 SE CHELSEA St Milwaukie, OR Charming one-level home on a quiet private street with plenty of yard space.Step inside an...	3 beds \| 1 baths \| 1,326 sq.ft.	$475,000	Airbnb cash on cash: 0.67% Traditional cash on cash: 2.49% Airbnb Rental Income: $1617 Traditional Rental Income: $1966 Airbnb ROI: 0.67% Traditional ROI: 2.49%
4825 SE BROOKSIDE Dr Milwaukie, OR Discover this delightful, cozy single-level Milwaukie home, offering 992 square feet of so...	3 beds \| 2 baths \| 992 sq.ft.	$424,900	Airbnb cash on cash: N/A Traditional cash on cash: 4.51% Airbnb Rental Income: $null Traditional Rental Income: $2689 Airbnb ROI: N/A Traditional ROI: 4.51%
9604 SE STANLEY Ave Milwaukie, OR This soon to be renovated 2-bedroom, 2-bathroom bungalow from 1941 will undergo a thorough...	2 beds \| 2 baths \| 804 sq.ft.	$410,000	Airbnb cash on cash: -0.41% Traditional cash on cash: 3.04% Airbnb Rental Income: $956 Traditional Rental Income: $1932 Airbnb ROI: -0.41% Traditional ROI: 3.04%
5085 SE Britton Ave Milwaukie, OR Bright and comfortable, this 3 bedroom, 2 bath home is full of character with built-ins, a...	3 beds \| 2 baths \| 1,864 sq.ft.	$539,000	Airbnb cash on cash: 0.15% Traditional cash on cash: 3.88% Airbnb Rental Income: $1617 Traditional Rental Income: $3039 Airbnb ROI: 0.15% Traditional ROI: 3.88%
19503 SE KAY St Milwaukie, OR Private lot with a must see forest view for relaxing evenings or a cup of coffee in the mo...	3 beds \| 2 baths \| 2,312 sq.ft.	$734,900	Airbnb cash on cash: -0.46% Traditional cash on cash: 2.57% Airbnb Rental Income: $1617 Traditional Rental Income: $3236 Airbnb ROI: -0.46% Traditional ROI: 2.57%
19697 SE COTTONWOOD St Milwaukie, OR This home is basically NEW CONSTRUCTION, taken all the way down to the foundation! Experie...	5 beds \| 2 baths \| 4,200 sq.ft.	$1,695,000	Airbnb cash on cash: -1.66% Traditional cash on cash: -0.01% Airbnb Rental Income: $1251 Traditional Rental Income: $3460 Airbnb ROI: -1.66% Traditional ROI: -0.01%
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.	$515,000	Airbnb cash on cash: 0.64% Traditional cash on cash: 2.78% Airbnb Rental Income: $1645 Traditional Rental Income: $2212 Airbnb ROI: 0.64% Traditional ROI: 2.78%
14617 SE Thornapple Ln Milwaukie, OR OPEN HOUSE - Well maintained dream home in one of Milwaukie's most sought-after neighborho...	4 beds \| 2 baths \| 2,769 sq.ft.	$699,900	Airbnb cash on cash: N/A Traditional cash on cash: 3.11% Airbnb Rental Income: $null Traditional Rental Income: $3371 Airbnb ROI: N/A Traditional ROI: 3.11%
13945 SE Piper Cub Way Milwaukie, OR Last home available in the beautiful Fawn Meadows subdivision! Homes built by local builde...	3 beds \| 2 baths \| 1,816 sq.ft.	$629,960	Airbnb cash on cash: -0.15% Traditional cash on cash: 3.66% Airbnb Rental Income: $1617 Traditional Rental Income: $3401 Airbnb ROI: -0.15% 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 \| 2 baths \| 3,063 sq.ft.	$775,000	Airbnb cash on cash: N/A Traditional cash on cash: 2.9% Airbnb Rental Income: $null Traditional Rental Income: $3511 Airbnb ROI: N/A Traditional ROI: 2.9%
14047 SE Piper Cub Way Milwaukie, OR Welcome to this stunning newer-construction home nestled in a quiet Milwaukie neighborhood...	5 beds \| 2 baths \| 2,533 sq.ft.	$719,960	Airbnb cash on cash: -0.93% Traditional cash on cash: 2.99% Airbnb Rental Income: $1251 Traditional Rental Income: $3486 Airbnb ROI: -0.93% Traditional ROI: 2.99%
6313 SE Chloe Rose Way Milwaukie, OR This move-in-ready 3-bedroom, 2.5-bath home at 6313 SE Chloe Rose Way offers 1,700 square ...	3 beds \| 2 baths \| 1,700 sq.ft.	$499,900	Airbnb cash on cash: 0.32% Traditional cash on cash: 5.05% Airbnb Rental Income: $1617 Traditional Rental Income: $3370 Airbnb ROI: 0.32% Traditional ROI: 5.05%
6323 SE CHLOE ROSE Way Milwaukie, OR Major price improvement! Beautifully finished new construction at Chloe Creek Estates offe...	3 beds \| 2 baths \| 1,528 sq.ft.	$459,900	Airbnb cash on cash: 0.51% Traditional cash on cash: 4.04% Airbnb Rental Income: $1617 Traditional Rental Income: $2677 Airbnb ROI: 0.51% Traditional ROI: 4.04%
6305 SE Chloe Rose Way Milwaukie, OR Introducing Chloe Creek Estates, a community of high-quality attached residences. Each res...	3 beds \| 2 baths \| 1,528 sq.ft.	$499,900	Airbnb cash on cash: 0.32% Traditional cash on cash: 3.81% Airbnb Rental Income: $1617 Traditional Rental Income: $2793 Airbnb ROI: 0.32% Traditional ROI: 3.81%
10905 SE HOME Ave Milwaukie, OR No HOA! End unit! Just completed top notch new construction townhome in desirable neighbor...	3 beds \| 2 baths \| 1,336 sq.ft.	$449,900	Airbnb cash on cash: 0.74% Traditional cash on cash: 4.24% Airbnb Rental Income: $1776 Traditional Rental Income: $2764 Airbnb ROI: 0.74% Traditional ROI: 4.24%
4305 SE FRANKLIN St Milwaukie, OR Welcome to this 2-bedroom, 1-bath bungalow in the heart of Milwaukie. This is an excellent...	2 beds \| 1 baths \| 722 sq.ft.	$300,000	Airbnb cash on cash: -0.1% Traditional cash on cash: 5.5% Airbnb Rental Income: $1051 Traditional Rental Income: $2268 Airbnb ROI: -0.1% Traditional ROI: 5.5%

Real Estate investment in Milwaukie, OR

There are 44 properties for sale in the city of Milwaukie . The median list price in Milwaukie is $521,450 and the average price per square foot is $293. In February 2026, the average monthly cash on cash return in Milwaukie is 4.00%. The average monthly rental income in Milwaukie is $2,864.

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

There are 44 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 $1,617.

Your search for investment property begins and ends here

Investment Property for Sale in Milwaukie, OR

6725 SE MABEL Ave

Milwaukie, OR

4 beds | 2 baths | 2,287 sq.ft.

$499,950

Airbnb cash on cash: 0.02%

Traditional cash on cash: 2.44%

Airbnb Rental Income: $1376

Traditional Rental Income: $2088

Airbnb ROI: 0.02%

Traditional ROI: 2.44%

8870 SE SPENCER Dr

Milwaukie, OR

4 beds | 2 baths | 2,007 sq.ft.

$579,900

Airbnb cash on cash: N/A

Traditional cash on cash: 4.65%

Airbnb Rental Income: $null

Traditional Rental Income: $3646

Airbnb ROI: N/A

Traditional ROI: 4.65%

11649 SE Fuller Rd #101

Milwaukie, OR

2 beds | 1 baths | 731 sq.ft.

$224,900

Airbnb cash on cash: -1.31%

Traditional cash on cash: 5.94%

Airbnb Rental Income: $1138

Traditional Rental Income: $2303

Airbnb ROI: -1.31%

Traditional ROI: 5.94%

0 SE Cedar Ave

Milwaukie, OR

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

$127,500

Airbnb cash on cash: 0.83%

Traditional cash on cash: 4.99%

Airbnb Rental Income: $749

Traditional Rental Income: $945

Airbnb ROI: 0.83%

Traditional ROI: 4.99%

4103 SE Olsen St #8

Milwaukie, OR

2 beds | 1 baths | 816 sq.ft.

$359,999

Airbnb cash on cash: -0.04%

Traditional cash on cash: 3.85%

Airbnb Rental Income: $1181

Traditional Rental Income: $2109

Airbnb ROI: -0.04%

Traditional ROI: 3.85%

4103 SE Olsen St #4

Milwaukie, OR

2 beds | 1 baths | 732 sq.ft.

$339,999

Airbnb cash on cash: 0.07%

Traditional cash on cash: 3.99%

Airbnb Rental Income: $1181

Traditional Rental Income: $2048

Airbnb ROI: 0.07%

Traditional ROI: 3.99%

4103 SE Olsen St #3

Milwaukie, OR

2 beds | 1 baths | 816 sq.ft.

$349,999

Airbnb cash on cash: 0.01%

Traditional cash on cash: 4.01%

Airbnb Rental Income: $1181

Traditional Rental Income: $2109

Airbnb ROI: 0.01%

Traditional ROI: 4.01%

7802 SE Sporri Ln #21

Milwaukie, OR

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

$450,000

Airbnb cash on cash: 0.15%

Traditional cash on cash: 3.13%

Airbnb Rental Income: $1645

Traditional Rental Income: $2436

Airbnb ROI: 0.15%