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

separator

PROPERTY	DETAILS	SALE PRICE	INVESTMENT PERFORMANCE
15210 SE LINDEN LN Milwaukie, OR Stunning rare Oak Grove home!! Enjoy your own paradise! Huge half plus acre lot with a gor...	4 beds \| 3 baths \| 3,011 sq.ft.	$744,999	Airbnb cash on cash: N/A Traditional cash on cash: 5.03% Airbnb Rental Income: $null Traditional Rental Income: $4904 Airbnb ROI: N/A Traditional ROI: 5.03%
12225 SE 19th AVE Milwaukie, OR Discover the perfect blend of tranquility and convenience with this picturesque riverfront...	3 beds \| 3 baths \| 2,494 sq.ft.	$899,900	Airbnb cash on cash: 0.87% Traditional cash on cash: 2.46% Airbnb Rental Income: $3305 Traditional Rental Income: $3902 Airbnb ROI: 0.87% Traditional ROI: 2.46%
3174 SE LAKE RD Milwaukie, OR PRICE REDUCED! Spacious 3bed/2bath condo in a beautiful setting with trees, green spaces, ...	3 beds \| 2 baths \| 1,044 sq.ft.	$265,000	Airbnb cash on cash: 5.84% Traditional cash on cash: 6.28% Airbnb Rental Income: $3305 Traditional Rental Income: $2677 Airbnb ROI: 5.84% Traditional ROI: 6.28%
10623 SE 75TH AVE Milwaukie, OR Detached 2 story condo with 3 bedrooms and 2.5 bathrooms. Great curb appeal with a modern ...	3 beds \| 3 baths \| 1,572 sq.ft.	$480,000	Airbnb cash on cash: 3.72% Traditional cash on cash: 4.44% Airbnb Rental Income: $3494 Traditional Rental Income: $3044 Airbnb ROI: 3.72% Traditional ROI: 4.44%
4304 SE FIELDCREST DR Milwaukie, OR Daily-light Ranch, lower level perfect for dual living or rental investment property, sepa...	4 beds \| 2 baths \| 2,128 sq.ft.	$560,900	Airbnb cash on cash: N/A Traditional cash on cash: 4.47% Airbnb Rental Income: $null Traditional Rental Income: $3397 Airbnb ROI: N/A Traditional ROI: 4.47%
17431 SE BOARDMAN CT Milwaukie, OR Welcome to this charming property that awaits your personal touch. The home's neutral colo...	3 beds \| 1 baths \| 1,006 sq.ft.	$466,000	Airbnb cash on cash: 4.83% Traditional cash on cash: 2.51% Airbnb Rental Income: $3758 Traditional Rental Income: $1929 Airbnb ROI: 4.83% Traditional ROI: 2.51%
10907 SE WOOD AVE Milwaukie, OR Charming 4BD/2BA ranch with great opportunities. Upstairs you'll find two recently refresh...	4 beds \| 2 baths \| 2,322 sq.ft.	$549,000	Airbnb cash on cash: N/A Traditional cash on cash: 5.05% Airbnb Rental Income: $null Traditional Rental Income: $3742 Airbnb ROI: N/A Traditional ROI: 5.05%
19697 SE COTTONWOOD ST Milwaukie, OR Experience the epitome of modern luxury living. This beautifully renovated home is tucked ...	5 beds \| 3 baths \| 4,200 sq.ft.	$1,895,000	Airbnb cash on cash: 0.62% Traditional cash on cash: 0.52% Airbnb Rental Income: $5707 Traditional Rental Income: $4394 Airbnb ROI: 0.62% Traditional ROI: 0.52%
9546 SE 76TH AVE Milwaukie, OR Seller offering concessions with acceptable offer! Step into this fresh, vibrant 3 bedroom...	3 beds \| 3 baths \| 1,295 sq.ft.	$469,000	Airbnb cash on cash: 4.12% Traditional cash on cash: 4.54% Airbnb Rental Income: $3494 Traditional Rental Income: $2909 Airbnb ROI: 4.12% Traditional ROI: 4.54%
4180 SE HARVEY ST Milwaukie, OR Investor's dream! This property is zoned RM-D, offering potential for division into multi-...	2 beds \| 1 baths \| 1,661 sq.ft.	$449,000	Airbnb cash on cash: 2.49% Traditional cash on cash: 3.67% Airbnb Rental Income: $2510 Traditional Rental Income: $2396 Airbnb ROI: 2.49% Traditional ROI: 3.67%
6725 SE MABEL AVE Milwaukie, OR Sprawling one level home on just under half acre. New roof, new hardi siding, new kitchen...	4 beds \| 2 baths \| 2,287 sq.ft.	$650,000	Airbnb cash on cash: N/A Traditional cash on cash: 1.64% Airbnb Rental Income: $null Traditional Rental Income: $2088 Airbnb ROI: N/A Traditional ROI: 1.64%
4378 SE MONROE ST Milwaukie, OR New Price for this delightful one-story ranch. It has been thoughtfully renovated and is m...	3 beds \| 2 baths \| 1,134 sq.ft.	$459,900	Airbnb cash on cash: 3.8% Traditional cash on cash: 4.49% Airbnb Rental Income: $3305 Traditional Rental Income: $2860 Airbnb ROI: 3.8% Traditional ROI: 4.49%
2910 SE OAK GROVE BLVD Milwaukie, OR Opportunity knocks! Two units, both currently rented, with excellent cash flow. The main h...	N/A beds \| N/A baths \| 1,763 sq.ft.	$499,000	Airbnb cash on cash: 0.41% Traditional cash on cash: 2.8% Airbnb Rental Income: $1597 Traditional Rental Income: $2253 Airbnb ROI: 0.41% Traditional ROI: 2.8%
6428 SE JENNINGS AVE Milwaukie, OR This stunning estate offers the best of both worlds: a beautifully remodeled main house an...	5 beds \| 4 baths \| 2,496 sq.ft.	$1,298,000	Airbnb cash on cash: 1.95% Traditional cash on cash: 1.56% Airbnb Rental Income: $5707 Traditional Rental Income: $4091 Airbnb ROI: 1.95% Traditional ROI: 1.56%
7601 SE ROOTS RD Milwaukie, OR Seller may consider buyer concessions if made in an offer. Welcome to your dream home, boa...	3 beds \| 2 baths \| 1,712 sq.ft.	$553,000	Airbnb cash on cash: 3.16% Traditional cash on cash: 1.95% Airbnb Rental Income: $3494 Traditional Rental Income: $2100 Airbnb ROI: 3.16% Traditional ROI: 1.95%
3707 SE ALDERCREST RD Milwaukie, OR Exquisite designer remodel located on a rare estate-sized lot with Kellogg Creek flowing t...	4 beds \| 3 baths \| 2,800 sq.ft.	$1,149,999	Airbnb cash on cash: 1.85% Traditional cash on cash: 1.16% Airbnb Rental Income: $4726 Traditional Rental Income: $3010 Airbnb ROI: 1.85% Traditional ROI: 1.16%
807 SE RIVER FOREST CT Milwaukie, OR Location! Location! Location! This stunning home in River Forest offers a serene and peace...	3 beds \| 2 baths \| 1,932 sq.ft.	$724,900	Airbnb cash on cash: 1.98% Traditional cash on cash: 3.71% Airbnb Rental Income: $3305 Traditional Rental Income: $3734 Airbnb ROI: 1.98% Traditional ROI: 3.71%
1808 SE ANSPACH ST Milwaukie, OR Beautifully updated 1-level ranch tucked away in a peaceful cul-de-sac near Oak Grove Blvd...	3 beds \| 2 baths \| 1,350 sq.ft.	$479,900	Airbnb cash on cash: 3.61% Traditional cash on cash: 2.81% Airbnb Rental Income: $3305 Traditional Rental Income: $2203 Airbnb ROI: 3.61% Traditional ROI: 2.81%
2611 SE SWAIN AVE Milwaukie, OR Charming ranch-style home with full basement set on almost half an acre! There's an inviti...	3 beds \| 3 baths \| 2,688 sq.ft.	$629,213	Airbnb cash on cash: 2.27% Traditional cash on cash: 4.73% Airbnb Rental Income: $3305 Traditional Rental Income: $4007 Airbnb ROI: 2.27% Traditional ROI: 4.73%
9690 SE 80TH AVE Milwaukie, OR Seller may consider buyer concessions if made in an offer. Welcome to this charming proper...	3 beds \| 1 baths \| 1,179 sq.ft.	$384,000	Airbnb cash on cash: 5.64% Traditional cash on cash: 5.11% Airbnb Rental Income: $3494 Traditional Rental Income: $2530 Airbnb ROI: 5.64% Traditional ROI: 5.11%
12600 SE FREEMAN WAY #4 Milwaukie, OR This cozy condo offers a perfect blend of comfort and convenience. The spacious living roo...	1 beds \| 1 baths \| 792 sq.ft.	$215,000	Airbnb cash on cash: 3.17% Traditional cash on cash: 3.84% Airbnb Rental Income: $2097 Traditional Rental Income: $1695 Airbnb ROI: 3.17% Traditional ROI: 3.84%
4264 SE BRAE ST Milwaukie, OR Discover the charm of 4264 SE BRAE ST, Milwaukie, OR 97222! This delightful property, is i...	4 beds \| 3 baths \| 3,046 sq.ft.	$764,900	Airbnb cash on cash: 2.96% Traditional cash on cash: 3% Airbnb Rental Income: $4726 Traditional Rental Income: $3779 Airbnb ROI: 2.96% Traditional ROI: 3%
17770 SE COOK ST Milwaukie, OR This property offers excellent potential for builders and developers, situated in a desira...	3 beds \| 1 baths \| 1,042 sq.ft.	$600,000	Airbnb cash on cash: 3.47% Traditional cash on cash: 2.11% Airbnb Rental Income: $3758 Traditional Rental Income: $2184 Airbnb ROI: 3.47% Traditional ROI: 2.11%
1500 SE WAVERLY DR Milwaukie, OR Welcome to the stunning Quisisana Estate! A unique, one-of-a-kind mansion sits in a beauti...	5 beds \| 14 baths \| 16,496 sq.ft.	$4,180,000	Airbnb cash on cash: N/A Traditional cash on cash: -0.61% Airbnb Rental Income: $null Traditional Rental Income: $7056 Airbnb ROI: N/A Traditional ROI: -0.61%
16420 SE WEBSTER RD Milwaukie, OR Bring your ideas to this 1900 built home on 1.59ac lot! House needs major work but with so...	3 beds \| 1 baths \| 1,670 sq.ft.	$700,000	Airbnb cash on cash: 2.2% Traditional cash on cash: 0.2% Airbnb Rental Income: $3494 Traditional Rental Income: $1416 Airbnb ROI: 2.2% Traditional ROI: 0.2%
18284 SE RIVER RD Milwaukie, OR This 3-bed, 2.5 bath home offers vaulted ceilings in the entry, family room and living roo...	3 beds \| 3 baths \| 1,958 sq.ft.	$589,000	Airbnb cash on cash: 3.29% Traditional cash on cash: 4.48% Airbnb Rental Income: $3758 Traditional Rental Income: $3596 Airbnb ROI: 3.29% Traditional ROI: 4.48%
11067 SE 42ND AVE Milwaukie, OR Discover this fantastic 4-plex situated on a desirable corner lot in the heart of Milwauki...	N/A beds \| N/A baths \| 3,552 sq.ft.	$669,900	Airbnb cash on cash: -0.14% Traditional cash on cash: 0.88% Airbnb Rental Income: $1753 Traditional Rental Income: $1908 Airbnb ROI: -0.14% Traditional ROI: 0.88%
7400 SE OTTY ST Milwaukie, OR This 1930s two-story home is situated on a spacious 0.73-acre lot, offering ample outdoor ...	2 beds \| 1 baths \| 1,616 sq.ft.	$699,995	Airbnb cash on cash: 1.19% Traditional cash on cash: 2.06% Airbnb Rental Income: $2510 Traditional Rental Income: $2471 Airbnb ROI: 1.19% Traditional ROI: 2.06%
15222 SE LA MARQUITA WAY Milwaukie, OR Beautiful Daylight Ranch Home Located in Desirable Neighborhood! Features a Spacious 3,06...	5 beds \| 3 baths \| 3,062 sq.ft.	$629,900	Airbnb cash on cash: 5.59% Traditional cash on cash: 5.49% Airbnb Rental Income: $5707 Traditional Rental Income: $4511 Airbnb ROI: 5.59% Traditional ROI: 5.49%
15318 SE Oatfield RD Milwaukie, OR Welcome to this impeccable 3 bed 2 bath ranch style Milwaukie gem. This delightful and ext...	3 beds \| 2 baths \| 1,668 sq.ft.	$542,500	Airbnb cash on cash: 3.77% Traditional cash on cash: 4.87% Airbnb Rental Income: $3758 Traditional Rental Income: $3500 Airbnb ROI: 3.77% Traditional ROI: 4.87%
10400 SE COOK CT #7 Milwaukie, OR SEE IT NOW! Wonderfully remodeled, 3 bedroom, 2 bath home. Excellent manufactured home i...	3 beds \| 2 baths \| 1,520 sq.ft.	$158,900	Airbnb cash on cash: 8.28% Traditional cash on cash: 10.35% Airbnb Rental Income: $3494 Traditional Rental Income: $3037 Airbnb ROI: 8.28% Traditional ROI: 10.35%
4302 SE FIELDCREST DR Milwaukie, OR This spacious five-bedroom home features a primary suite with a well-appointed sitting roo...	5 beds \| 2 baths \| 1,898 sq.ft.	$545,000	Airbnb cash on cash: N/A Traditional cash on cash: 5.13% Airbnb Rental Income: $null Traditional Rental Income: $3705 Airbnb ROI: N/A Traditional ROI: 5.13%
2915 SE HARRISON ST Milwaukie, OR This beautiful Mediterranean-style home offers the perfect combination of style, comfort, ...	3 beds \| 2 baths \| 1,295 sq.ft.	$385,000	Airbnb cash on cash: 5.06% Traditional cash on cash: 7.52% Airbnb Rental Income: $3305 Traditional Rental Income: $3452 Airbnb ROI: 5.06% Traditional ROI: 7.52%
10925 SE 54TH PL Milwaukie, OR Located on a quiet cul-de-sac in Milwaukieâs Linnwood neighborhood, this updated home of...	4 beds \| 2 baths \| 2,060 sq.ft.	$570,000	Airbnb cash on cash: N/A Traditional cash on cash: 4.03% Airbnb Rental Income: $null Traditional Rental Income: $3299 Airbnb ROI: N/A Traditional ROI: 4.03%
5460 SE CLAYSON AVE Milwaukie, OR Welcome to your dream home in Milwaukie, Oregon! This delightful split-level house is a pe...	4 beds \| 2 baths \| 1,829 sq.ft.	$544,900	Airbnb cash on cash: 5.4% Traditional cash on cash: 4.99% Airbnb Rental Income: $4726 Traditional Rental Income: $3539 Airbnb ROI: 5.4% Traditional ROI: 4.99%
10588 SE 53RD PL Milwaukie, OR TAKE A CLOSER LOOK AT THIS ONE! HOME PLUS THREE OUTBUILDINGS (SEPARATE SHOP, OFFICE & SHED...	3 beds \| 3 baths \| 2,066 sq.ft.	$687,000	Airbnb cash on cash: 1.92% Traditional cash on cash: 3.14% Airbnb Rental Income: $3305 Traditional Rental Income: $3349 Airbnb ROI: 1.92% Traditional ROI: 3.14%
13952 SE Piper Cub WAY Milwaukie, OR Welcome to Fawn Meadows! Homes under construction by local builder Stonecreek Development....	4 beds \| 3 baths \| 1,966 sq.ft.	$539,960	Airbnb cash on cash: 5.28% Traditional cash on cash: 5.34% Airbnb Rental Income: $4726 Traditional Rental Income: $3780 Airbnb ROI: 5.28% Traditional ROI: 5.34%
13948 SE Piper Cub WAY Milwaukie, OR Welcome to Fawn Meadows! Homes under construction by local builder Stonecreek Development....	4 beds \| 3 baths \| 1,984 sq.ft.	$539,960	Airbnb cash on cash: 5.91% Traditional cash on cash: 6.13% Airbnb Rental Income: $4726 Traditional Rental Income: $3859 Airbnb ROI: 5.91% Traditional ROI: 6.13%
3738 SE WAKE ST Milwaukie, OR Step into this charming 3-bedroom, 1Â½-bath ranch home, ideally located across from Ardenw...	3 beds \| 2 baths \| 1,631 sq.ft.	$519,000	Airbnb cash on cash: N/A Traditional cash on cash: 3.18% Airbnb Rental Income: $null Traditional Rental Income: $2597 Airbnb ROI: N/A Traditional ROI: 3.18%
4246 SE WASHINGTON ST Milwaukie, OR Welcome to this one level ranch style home. Backyard with southern exposure. Formal living...	4 beds \| 2 baths \| 1,729 sq.ft.	$464,900	Airbnb cash on cash: N/A Traditional cash on cash: 5.27% Airbnb Rental Income: $null Traditional Rental Income: $3256 Airbnb ROI: N/A Traditional ROI: 5.27%

Real Estate investment in Milwaukie, OR

There are 61 properties for sale in the city of Milwaukie . The median list price in Milwaukie is $544,950 and the average price per square foot is $252. In January 2025, the average monthly cash on cash return in Milwaukie is 4.00%. The average monthly rental income in Milwaukie is $3,026.

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

There are 61 investment properties available for sale in Milwaukie.

In 2025, 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 $3,026.

Your search for investment property begins and ends here

Investment Property for Sale in Milwaukie, OR

15210 SE LINDEN LN

Milwaukie, OR

4 beds | 3 baths | 3,011 sq.ft.

$744,999

Airbnb cash on cash: N/A

Traditional cash on cash: 5.03%

Airbnb Rental Income: $null

Traditional Rental Income: $4904

Airbnb ROI: N/A

Traditional ROI: 5.03%

12225 SE 19th AVE

Milwaukie, OR

3 beds | 3 baths | 2,494 sq.ft.

$899,900

Airbnb cash on cash: 0.87%

Traditional cash on cash: 2.46%

Airbnb Rental Income: $3305

Traditional Rental Income: $3902

Airbnb ROI: 0.87%

Traditional ROI: 2.46%

3174 SE LAKE RD

Milwaukie, OR

3 beds | 2 baths | 1,044 sq.ft.

$265,000

Airbnb cash on cash: 5.84%

Traditional cash on cash: 6.28%

Airbnb Rental Income: $3305

Traditional Rental Income: $2677

Airbnb ROI: 5.84%

Traditional ROI: 6.28%

10623 SE 75TH AVE

Milwaukie, OR

3 beds | 3 baths | 1,572 sq.ft.

$480,000

Airbnb cash on cash: 3.72%

Traditional cash on cash: 4.44%

Airbnb Rental Income: $3494

Traditional Rental Income: $3044

Airbnb ROI: 3.72%

Traditional ROI: 4.44%

4304 SE FIELDCREST DR

Milwaukie, OR

4 beds | 2 baths | 2,128 sq.ft.

$560,900

Airbnb cash on cash: N/A

Traditional cash on cash: 4.47%

Airbnb Rental Income: $null

Traditional Rental Income: $3397

Airbnb ROI: N/A

Traditional ROI: 4.47%

17431 SE BOARDMAN CT

Milwaukie, OR

3 beds | 1 baths | 1,006 sq.ft.

$466,000

Airbnb cash on cash: 4.83%

Traditional cash on cash: 2.51%

Airbnb Rental Income: $3758

Traditional Rental Income: $1929

Airbnb ROI: 4.83%

Traditional ROI: 2.51%

10907 SE WOOD AVE

Milwaukie, OR

4 beds | 2 baths | 2,322 sq.ft.

$549,000

Airbnb cash on cash: N/A

Traditional cash on cash: 5.05%

Airbnb Rental Income: $null

Traditional Rental Income: $3742

Airbnb ROI: N/A

Traditional ROI: 5.05%

19697 SE COTTONWOOD ST

Milwaukie, OR

5 beds | 3 baths | 4,200 sq.ft.

$1,895,000

Airbnb cash on cash: 0.62%

Traditional cash on cash: 0.52%

Airbnb Rental Income: $5707

Traditional Rental Income: $4394

Airbnb ROI: 0.62%