Opportunity to acquire a level, 1.8-acre, medium-density development site in Milwaukie. Located on a quiet street with nearby access to SE McLoughlin Boulevard. The existing home is leased on a month-to-month basis for $1,500 per month, providing flexible interim income during pre-development. Located in unincorporated Clackamas County, outside of the more heavily regulated rental markets of nearby Portland & Multnomah County. Build 22+ units with bonus. Please do not disturb tenants.