5141 SE Aldona CT, Milwaukie, OR 97267

Property Description

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.