$400,000

0 Parcel 05038972 Unit 103678446 Milwaukie, OR 97222

Lake Road Neighborhood

Estimated payment $2,351/month

Total Views 156,628
0.69 Acre
$579,710 Price per Acre
30,056 Sq Ft Lot

Highlights

  • 0.69 Acre Lot
  • No HOA
  • No Heating
  • Corner Lot

About This Lot

Unlock the income potential of this .69-acre parcel, perfectly positioned on a corner lot and zoned MR-1. This lot is next door to 7190 SE King Rd, Milwaukie OR. With sewer and water available at the street on 70th, this property is ideally suited for shared-wall townhomes or a multi-plex development, which will most likely represent the highest and best use. Investors and builders will appreciate the strong upside: multi-family residential demand continues to grow in this area, offering excellent opportunities for rental income, resale, or long-term appreciation. The location places future residents just minutes from restaurants, shopping, schools, and nature parks making it an unbeatable mix of convenience and lifestyle amenities. This is an exceptional chance to create a modern residential community in a desirable neighborhood. Whether building for income generation, resale, or long-term portfolio growth, this property offers the flexibility and fundamentals needed for success. *Seller financing available.

Listing Agent

Nick Shivers

Keller Williams PDX Central License #200209063 Listed on: 09/04/2025

Keller Williams PDX Central

Property Details

Property Type

  • Land

Est. Annual Taxes

  • $3,041

Lot Details

  • 0.69 Acre Lot
  • Corner Lot
  • Level Lot
  • Property is zoned MR-1

Schools

  • Lewelling Elementary School
  • Rowe Middle School
  • Milwaukie High School

Community Details

  • No Home Owners Association

Listing and Financial Details

  • Assessor Parcel Number 05038972

Property Details

Property Type

Land

Est. Annual Taxes

$3,041

Lot Details

0

Listing Details

  • Standard Status: Active
  • MLS Status: Active
  • Property Type: Land
  • Property Sub Type: SingleFamilyResidence
  • Property Attached Yn: No
  • Current Price For Status: 400000.0
  • Open House: No
  • Special Features: VirtualTour

Interior Features

  • Lot Size Range: SqFt20000toAcres1

Exterior Features

  • Lot Size: 20,000 SqFt to .99 Acres
  • View: No
  • Lot Features: CornerLot, PublicRoad
  • Road Surface Type: Paved
  • Disclosures: Disclosure

Garage/Parking

  • Attached Garage: No

Utilities

  • Utilities: PublicSewer, WaterAvailable
  • Cooling Y N: No
  • Heating Yn: No

Association/Amenities

  • Existing Structures: No

Condo/Co-op/Association

  • Association: No

Schools

  • Elementary School: Lewelling
  • High School: Milwaukie
  • Middle Or Junior School: Rowe

Lot Info

  • Zoning: MR-1
  • Land Description: Level
  • Land Lease: No
  • Lot Size Acres: 0.69
  • Lot Size Sq Ft: 30056.0
  • Parcel #: 05038972

Green Features

  • Green Certification: No

Rental Info

  • Availability: Sale

Tax Info

  • Tax Deferral: No
  • Tax Year: 2024
  • Tax Annual Amount: 3041.21

Map

Range of Values:

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Value Increase
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Percent Increase
--
Adjusted for Inflation
Collateral Analytics

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Home Values in the Area

Source: Public Records

Average Home Value in this Area





Source: Public Records

Property History

Date Event Price List to Sale Price per Sq Ft
09/04/2025 09/04/25 For Sale $400,000 -- --
Source: Regional Multiple Listing Service (RMLS)

About the Listing Agent

Nick Shivers

Keller Williams PDX Central

(503) 809-5431

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Simply put, Nick and his team love people. Their passions are to SERVE unselfishly, GUIDE as if the client is a family member, and GIVE BACK generously. They understand that the purchase or sale of a home is the most significant investment many people make in their lifetime. They take that seriously, offering their very best from every team member to provide exceptional service. Although factual information and strategic negotiation are high priorities, so are helping set expectations and

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Source: Regional Multiple Listing Service (RMLS)

MLS Number: 103678446

Regional Multiple Listing Service (RMLS)