Listing provided courtesy of Keller Williams Realty Portland Premiere- MLS# 336091629MLS ProviderContact Information: 503-709-4632

5141 SE Aldona CTMilwaukie, OR 97267

Multi-Family · 46,391 Sq. ft. | 2.82 Acres
$13,774,900 Active

5141 SE Aldona CT Overview

Time on Site:
131 days
Visits:
9

Built by a multi-year Street of Dreams builder and Builder of the Year award winner by the Home Building Association, Robbins Place is a newly constructed 29-unit multifamily community offering scale, efficiency, and long-term durability in a growing Milwaukie submarket. The development consists of twenty-nine three-bedroom, two and a half bathroom homes totaling approximately 46,391 rentable square feet, delivering 87 bedrooms, 58 full bathrooms, and 29 half bathrooms across the community. Each unit features an efficiently designed two-story layout with open-concept main level living, covered front porch, private patio, fenced yard, and attached garage. Unit sizes range from approximately 1,472 to 1,816 square feet, with an average unit size of ~1,600 square feet, supporting strong rental positioning within the three-bedroom segment of the market. One-car attached garages with additional driveway parking enhance tenant appeal and functionality. All bedrooms are located upstairs along with a full laundry room, while a main-level half bathroom adds convenience. Constructed with durability and long-term performance in mind, the community includes high-efficiency gas forced-air heating, modern insulation standards, and quality finishes throughout. Double-framed common walls with a one-inch air gap and insulation between units enhance separation and privacy. Located in Clackamas County, the property benefits from tax positioning outside Portland city limits while maintaining close proximity to Milwaukie Bay Park and the Willamette River waterfront (~1.5 mi), downtown Milwaukie shops and dining (~1.5 mi), New Seasons Market (~1.6 mi), the Milwaukie/Main Street MAX Station (~1.7 mi), and convenient access to SE McLoughlin Blvd. The combination of location, unit mix, scale, and new construction quality presents a compelling opportunity for investors seeking stabilized cash flow, portfolio expansion, or long-term hold potential in a high-demand rental corridor.

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5141 SE Aldona CT Facts & Features

  • Type Multi-Family
  • Sq. ft. 46,391
  • Price/Sq.ft. $297
  • Lot 2.82 Acres

Details

General

School Information

  • Elementary School: View Acres
  • Middle Or Junior School: Alder Creek
  • High School: Putnam

Income/Expenses

  • Gross Income: 981936.0
  • Gross Scheduled Income: 981936.0
  • Net Operating Income: 716539.0
  • Operating Expense: 265397.0

Building Information

  • Year Built: 2026

Location/Region

  • Country: US
  • County Or Parish: Clackamas
  • MLS Area Major: 145 - Milwaukie, Gladstone, Happy Valley, Clckmas, Dmscus, Estacada
  • Subdivision Name: OAK GROVE COMMUNITY COUNCIL

Rent/Lease Information

  • Rent Includes: None

Tax Information

  • Tax Annual Amount: 0
  • Tax Year: 2026

General Information

  • Disclosures: Exempt
  • Listing Terms: Cash,Conventional
  • Parcel Number: New Construction
  • Property Condition: Under Construction
  • Property Type: Multi Family
  • Zoning: R10

Interior

Building Interior

  • Building Area Total: 46391.0

General Information

  • Basement: Crawl Space
  • Cooling: None
  • Foundation Details: Concrete Perimeter,Stem Wall
  • Heating: Forced Air90
  • Security Features: Sidewalk
  • Stories: 2

Exterior

Parking Information

  • Parking Features: Driveway,Garage
  • Parking Total: 116.0

Lot Information

  • Lot Features: Level
  • Lot Size Acres: 2.82
  • Lot Size Square Feet: 122839.0
  • Road Surface Type: Paved
  • Water Source: Public Water

Building Exterior/Construction

  • Roof: Composition

General Information

  • Number Of Units Total: 29
  • Sewer: Public Sewer

5141 SE Aldona CT Neighborhood

Community

97267 (Milwaukie) Demographics

45
Median Age
4,418
Population Density (per sq. mile)
40%
College Educated
$70,170
Estimated Median Income
9,954
Estimated Total Home Owners
3,932
Estimated Total Renters
72% / 28%
Estimated Owner / Renter Divide
2
Estimated Average Household Size
Community data courtesy of LiveBy, Inc.

Schools

School data courtesy of LiveBy, Inc. School ratings are based on a scale of 1-5, with 5 being the highest rating and 1 being the lowest rating.

5141 SE Aldona CT Monthly Cost

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* All calculations are estimates and provided by Reliance Network, for informational purposes only. Actual amounts may vary. ** Assumes 6.50% APR, 20% down payment, and conventional 30-year fixed rate first mortgage. Rates cited are for instructional purposes only; current rates are subject to change at any time without notice. You should not make any decisions based simply on the information provided. Additional required amounts such as taxes, insurance, homeowner association dues, assessments, mortgage insurance premiums, flood insurance or other such required payments should also be considered. Contact your mortgage company for current rates and additional information. Any mortgage broker or insurance agent that may appear is independent and is not affiliated with, endorsed by, or provided by the MLS.

5141 SE Aldona CT Market Data

Based on the last 30 days in this zip code

$631,420
Average List Price
$287
Average Price per Square Foot
25
Properties Sold
63
Average Days on Market
126
Properties for Sale
Calculations provided by Reliance Network

5141 SE Aldona CT History

Date Event Value Agent
2/18/2026Source: Regional MLS Added to Database
February 18, 2026