Under $500K Investment Properties for Sale in Milwaukie, OR


231- 3 Bed
- 2 Bath
- 1080 sft


398- 3 Bed
- 2 Bath
- 1804 sft


284- 3 Bed
- 2 Bath
- 1302 sft


1452- 4 Bed
- 1 Bath
- 1481 sft
Why Invest in Milwaukie, Oregon?
Discover investment opportunities in Milwaukie, OR under $500k, where median home prices hover around $497K offering entry-level access to the Portland metro. Stable appreciation at 4-5% annually combined with solid rental yields make these properties attractive for cash-flow focused investors. Proximity to Portland drives demand from commuters, with cap rates around 5-6% supporting long-term holds. Renter-occupied rates exceed 40%, ensuring consistent income streams. Economic growth in the region bolsters property values without the premium pricing of central areas.
Frequently Asked Questions
Yes, median sale prices are around $497K as of late 2025, with many single-family homes and condos under $500K. These properties often sell in 30-40 days in a competitive market. Investors find value in fixer-uppers for rental conversion.
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