0 Parcel 05038972 510249490, Milwaukie, OR 97222 - Clackamas County

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.