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.	$1,090,000	Airbnb cash on cash: -1.56% Traditional cash on cash: -1.27% Airbnb Rental Income: $991 Traditional Rental Income: $933 Airbnb ROI: -1.56% Traditional ROI: -1.27%
3743 SE HAGER Ln Milwaukie, OR Set among towering cedar trees on a private, oversized lot, this Milwaukie home offers a p...	4 beds \| 3 baths \| 2,721 sq.ft.	$565,000	Airbnb cash on cash: 1.52% Traditional cash on cash: 5.29% Airbnb Rental Income: $2499 Traditional Rental Income: $3886 Airbnb ROI: 1.52% Traditional ROI: 5.29%
7969 SE Sporri Ln #31 Milwaukie, OR First time home buyers or downsizing, do not miss this detached condo; quiet neighborhood ...	3 beds \| 2 baths \| 1,480 sq.ft.	$390,000	Airbnb cash on cash: 1.42% Traditional cash on cash: 3.25% Airbnb Rental Income: $2070 Traditional Rental Income: $2208 Airbnb ROI: 1.42% Traditional ROI: 3.25%
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.	$414,900	Airbnb cash on cash: 2.69% Traditional cash on cash: 3.77% Airbnb Rental Income: $2568 Traditional Rental Income: $2393 Airbnb ROI: 2.69% Traditional ROI: 3.77%
19583 SE Cottonwood St Milwaukie, OR Discover an extraordinary opportunity to own a luxurious, updated waterfront residence wit...	3 beds \| 2 baths \| 3,488 sq.ft.	$1,095,000	Airbnb cash on cash: -0.83% Traditional cash on cash: 0.3% Airbnb Rental Income: $2390 Traditional Rental Income: $2954 Airbnb ROI: -0.83% Traditional ROI: 0.3%
9133 SE STILLWATER Ln Milwaukie, OR Built in 2022, this beautifully crafted Jackson Hills home blends modern design with thoug...	5 beds \| 3 baths \| 2,528 sq.ft.	$849,900	Airbnb cash on cash: N/A Traditional cash on cash: 2.45% Airbnb Rental Income: $null Traditional Rental Income: $3753 Airbnb ROI: N/A Traditional ROI: 2.45%
16310 SE 84th Ave Milwaukie, OR Move in ready 2-bed/1-bath in desirable all age manufactured home park. This single wide h...	2 beds \| 1 baths \| 924 sq.ft.	$84,000	Airbnb cash on cash: 0.59% Traditional cash on cash: 8.36% Airbnb Rental Income: $1839 Traditional Rental Income: $1984 Airbnb ROI: 0.59% Traditional ROI: 8.36%
13159 SE Sprout Ln Milwaukie, OR Beautiful new construction Home in Cereghino Farms Milwaukie. 5 bedrooms total + den with ...	6 beds \| 2 baths \| 3,166 sq.ft.	$875,000	Airbnb cash on cash: -0.18% Traditional cash on cash: 2.04% Airbnb Rental Income: $2216 Traditional Rental Income: $3547 Airbnb ROI: -0.18% Traditional ROI: 2.04%
12434 SE 26th Ave Milwaukie, OR 12434 SE 26th Ave, Portland, OR 97222 \| Single Family Residential	4 beds \| 1 baths \| 3,368 sq.ft.	$579,000	Airbnb cash on cash: 1.81% Traditional cash on cash: 4.55% Airbnb Rental Income: $2488 Traditional Rental Income: $3366 Airbnb ROI: 1.81% Traditional ROI: 4.55%
12313 SE Oatfield Rd Milwaukie, OR Exceptional value at $675,000 for this spacious daylight ranch on nearly 1/2 acre, offerin...	3 beds \| 2 baths \| 3,572 sq.ft.	$635,000	Airbnb cash on cash: 1.02% Traditional cash on cash: 1.26% Airbnb Rental Income: $2568 Traditional Rental Income: $2093 Airbnb ROI: 1.02% Traditional ROI: 1.26%
5816 SE Firwood St Milwaukie, OR 5816 SE Firwood St, Milwaukie, OR 97222 \| Single Family Residential	2 beds \| 1 baths \| 960 sq.ft.	$349,000	Airbnb cash on cash: 1.56% Traditional cash on cash: 1.94% Airbnb Rental Income: $1723 Traditional Rental Income: $1373 Airbnb ROI: 1.56% Traditional ROI: 1.94%
6314 SE Jennings Ave Milwaukie, OR This charming one-story bungalow is situated on a spacious quarter-acre corner lot burstin...	2 beds \| 2 baths \| 1,279 sq.ft.	$475,000	Airbnb cash on cash: 0.41% Traditional cash on cash: 2.3% Airbnb Rental Income: $1588 Traditional Rental Income: $1976 Airbnb ROI: 0.41% Traditional ROI: 2.3%
5337 SE King Rd Milwaukie, OR This charming Craftsman home features beautiful hardwood floors that flow throughout the m...	5 beds \| 2 baths \| 2,915 sq.ft.	$699,900	Airbnb cash on cash: N/A Traditional cash on cash: 4.7% Airbnb Rental Income: $null Traditional Rental Income: $4358 Airbnb ROI: N/A Traditional ROI: 4.7%
4567 SE White Lake Rd Milwaukie, OR Beautifully remodeled 3-bedroom, 1.5-bath home in a quiet neighborhood, features a brand-n...	3 beds \| 1 baths \| 1,192 sq.ft.	$539,000	Airbnb cash on cash: 1.54% Traditional cash on cash: 3.81% Airbnb Rental Income: $2360 Traditional Rental Income: $2920 Airbnb ROI: 1.54% Traditional ROI: 3.81%
0 SE Cedar Ave Milwaukie, OR 0 SE Cedar Ave, Oak Grove, OR 97267 \| Other	N/A beds \| N/A baths \| N/A	$90,000	Airbnb cash on cash: 3.34% Traditional cash on cash: 7.73% Airbnb Rental Income: $897 Traditional Rental Income: $945 Airbnb ROI: 3.34% Traditional ROI: 7.73%
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.	$359,999	Airbnb cash on cash: 1.5% Traditional cash on cash: 4.17% Airbnb Rental Income: $2070 Traditional Rental Income: $2436 Airbnb ROI: 1.5% Traditional ROI: 4.17%
12126 SE Redwood Ave Milwaukie, OR Completely remodeled and truly move-in ready! This beautifully updated 3 bedroom, 1 bath h...	3 beds \| 1 baths \| 1,140 sq.ft.	$499,900	Airbnb cash on cash: 1.29% Traditional cash on cash: 3.43% Airbnb Rental Income: $2070 Traditional Rental Income: $2538 Airbnb ROI: 1.29% Traditional ROI: 3.43%
0 SE Jennings Ave Milwaukie, OR 0 SE Jennings Ave, Gladstone, OR 97267 \| Other	N/A beds \| N/A baths \| 2,780 sq.ft.	$90,000	Airbnb cash on cash: 3.34% Traditional cash on cash: 9.3% Airbnb Rental Income: $897 Traditional Rental Income: $1083 Airbnb ROI: 3.34% Traditional ROI: 9.3%
Columbia Plan Milwaukie, OR	3 beds \| 2 baths \| 1,561 sq.ft.	$702,900	Airbnb cash on cash: -0.08% Traditional cash on cash: 1.46% Airbnb Rental Income: $2070 Traditional Rental Income: $2541 Airbnb ROI: -0.08% Traditional ROI: 1.46%
Henry Plan Milwaukie, OR	3 beds \| 2 baths \| 2,197 sq.ft.	$752,900	Airbnb cash on cash: -0.2% Traditional cash on cash: 1.75% Airbnb Rental Income: $2070 Traditional Rental Income: $2899 Airbnb ROI: -0.2% Traditional ROI: 1.75%
Mercer Plan Milwaukie, OR	4 beds \| 2 baths \| 2,378 sq.ft.	$782,900	Airbnb cash on cash: N/A Traditional cash on cash: 1.89% Airbnb Rental Income: $null Traditional Rental Income: $3107 Airbnb ROI: N/A Traditional ROI: 1.89%
Pearl Plan Milwaukie, OR Pearl Plan, Milwaukie, OR 97267 \| Single Family Residential	5 beds \| 3 baths \| 2,592 sq.ft.	$802,900	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%
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.	$1,200,000	Airbnb cash on cash: 0.38% Traditional cash on cash: 1.6% Airbnb Rental Income: $2779 Traditional Rental Income: $3494 Airbnb ROI: 0.38% Traditional ROI: 1.6%
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.	$1,650,000	Airbnb cash on cash: -1.15% Traditional cash on cash: 0% Airbnb Rental Income: $2216 Traditional Rental Income: $3460 Airbnb ROI: -1.15% Traditional ROI: 0%
12600 SE Freeman Way #17 Milwaukie, OR 12600 SE Freeman Way, Milwaukie, OR 97222 \| Condo/Coop	2 beds \| 1 baths \| 903 sq.ft.	$217,500	Airbnb cash on cash: -1.25% Traditional cash on cash: 1.24% Airbnb Rental Income: $1588 Traditional Rental Income: $1648 Airbnb ROI: -1.25% Traditional ROI: 1.24%
6499 SE Norma Cir Milwaukie, OR 6499 SE Norma Cir, Milwaukie, OR 97267 \| Single Family Residential	5 beds \| 4 baths \| 5,760 sq.ft.	$999,999	Airbnb cash on cash: -0.28% Traditional cash on cash: 4.5% Airbnb Rental Income: $2216 Traditional Rental Income: $6105 Airbnb ROI: -0.28% Traditional ROI: 4.5%
3738 SE Harvey St #1 Milwaukie, OR 3738 SE Harvey St #1, Milwaukie, OR 97222 \| Condo/Coop	2 beds \| 1 baths \| 960 sq.ft.	$230,000	Airbnb cash on cash: 3.7% Traditional cash on cash: 5.86% Airbnb Rental Income: $2131 Traditional Rental Income: $2055 Airbnb ROI: 3.7% Traditional ROI: 5.86%
5133 SE Mullan St Milwaukie, OR 5133 SE Mullan St, Portland, OR 97222 \| Single Family Residential	4 beds \| 2 baths \| 2,158 sq.ft.	$717,000	Airbnb cash on cash: N/A Traditional cash on cash: 2.56% Airbnb Rental Income: $null Traditional Rental Income: $3117 Airbnb ROI: N/A Traditional ROI: 2.56%
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.	$684,960	Airbnb cash on cash: 0.3% Traditional cash on cash: 3.1% Airbnb Rental Income: $2216 Traditional Rental Income: $3486 Airbnb ROI: 0.3% Traditional ROI: 3.1%
10515 SE Linwood Ave Milwaukie, OR 10515 SE Linwood Ave, Portland, OR 97222 \| Other	N/A beds \| N/A baths \| N/A	$212,000	Airbnb cash on cash: 1.35% Traditional cash on cash: 2.12% Airbnb Rental Income: $1137 Traditional Rental Income: $913 Airbnb ROI: 1.35% Traditional ROI: 2.12%
10550 SE 29th Ave Milwaukie, OR 1930s Milwaukie bungalow with original character and plenty of opportunity to make it your...	3 beds \| 2 baths \| 2,592 sq.ft.	$499,000	Airbnb cash on cash: 0.81% Traditional cash on cash: 6.19% Airbnb Rental Income: $1887 Traditional Rental Income: $3896 Airbnb ROI: 0.81% Traditional ROI: 6.19%
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: 0.65% Traditional cash on cash: 2.44% Airbnb Rental Income: $991 Traditional Rental Income: $1009 Airbnb ROI: 0.65% 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: 0.65% Traditional cash on cash: 2.44% Airbnb Rental Income: $991 Traditional Rental Income: $1009 Airbnb ROI: 0.65% 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...	3 beds \| 3 baths \| 11,892 sq.ft.	$3,799,900	Airbnb cash on cash: -1.6% Traditional cash on cash: 0.05% Airbnb Rental Income: $1864 Traditional Rental Income: $7180 Airbnb ROI: -1.6% 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...	12 beds \| 12 baths \| 46,391 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.	$385,000	Airbnb cash on cash: 1.06% Traditional cash on cash: 4.91% Airbnb Rental Income: $2070 Traditional Rental Income: $2924 Airbnb ROI: 1.06% Traditional ROI: 4.91%
10992 SE Stanley Ave Milwaukie, OR Builder Incentive - Use for Closing Costs or Rate Buy Down! This newly built 2026 home off...	4 beds \| 3 baths \| 2,260 sq.ft.	$699,800	Airbnb cash on cash: N/A Traditional cash on cash: 3.57% Airbnb Rental Income: $null Traditional Rental Income: $3703 Airbnb ROI: N/A Traditional ROI: 3.57%
3328 SE Olsen St Milwaukie, OR This 2884 square foot single family home has 4 bedrooms and 2.0 bathrooms. This home is lo...	4 beds \| 2 baths \| 2,750 sq.ft.	$599,000	Airbnb cash on cash: N/A Traditional cash on cash: 4.11% Airbnb Rental Income: $null Traditional Rental Income: $3563 Airbnb ROI: N/A Traditional ROI: 4.11%

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

There are 152 investment properties available for sale in Milwaukie.

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

The ROI for Short-Term is higher than the Long-Term in Milwaukie with average rental income of $N/A.

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.

$1,090,000

Airbnb cash on cash: -1.56%

Traditional cash on cash: -1.27%

Airbnb Rental Income: $991

Traditional Rental Income: $933

Airbnb ROI: -1.56%

Traditional ROI: -1.27%

3743 SE HAGER Ln

Milwaukie, OR

4 beds | 3 baths | 2,721 sq.ft.

$565,000

Airbnb cash on cash: 1.52%

Traditional cash on cash: 5.29%

Airbnb Rental Income: $2499

Traditional Rental Income: $3886

Airbnb ROI: 1.52%

Traditional ROI: 5.29%

7969 SE Sporri Ln #31

Milwaukie, OR

3 beds | 2 baths | 1,480 sq.ft.

$390,000

Airbnb cash on cash: 1.42%

Traditional cash on cash: 3.25%

Airbnb Rental Income: $2070

Traditional Rental Income: $2208

Airbnb ROI: 1.42%

Traditional ROI: 3.25%

14525 SE Fairoaks Ave

Milwaukie, OR

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

$414,900

Airbnb cash on cash: 2.69%

Traditional cash on cash: 3.77%

Airbnb Rental Income: $2568

Traditional Rental Income: $2393

Airbnb ROI: 2.69%

Traditional ROI: 3.77%

19583 SE Cottonwood St

Milwaukie, OR

3 beds | 2 baths | 3,488 sq.ft.

$1,095,000

Airbnb cash on cash: -0.83%

Traditional cash on cash: 0.3%

Airbnb Rental Income: $2390

Traditional Rental Income: $2954

Airbnb ROI: -0.83%

Traditional ROI: 0.3%

9133 SE STILLWATER Ln

Milwaukie, OR

5 beds | 3 baths | 2,528 sq.ft.

$849,900

Airbnb cash on cash: N/A

Traditional cash on cash: 2.45%

Airbnb Rental Income: $null

Traditional Rental Income: $3753

Airbnb ROI: N/A

Traditional ROI: 2.45%

16310 SE 84th Ave

Milwaukie, OR

2 beds | 1 baths | 924 sq.ft.

$84,000

Airbnb cash on cash: 0.59%

Traditional cash on cash: 8.36%

Airbnb Rental Income: $1839

Traditional Rental Income: $1984

Airbnb ROI: 0.59%

Traditional ROI: 8.36%

13159 SE Sprout Ln

Milwaukie, OR

6 beds | 2 baths | 3,166 sq.ft.

$875,000

Airbnb cash on cash: -0.18%

Traditional cash on cash: 2.04%

Airbnb Rental Income: $2216

Traditional Rental Income: $3547

Airbnb ROI: -0.18%