5520 SE ALDERCREST RD, Milwaukie, OR 97222

$390,000
3
BD
1
BA
1,764
SqFt

Show Photos

Verify your account to unlock exclusive photos, mortgage tools, and more.

Sold Price
$390,000
List Price
$374,900
Closing Date
Jul 07, 2026
Days on Market
54
Status
SOLD
MLS#
150013492
Bedrooms
3
Bathrooms
1
Living Area
1,764
Lot Size
10, 000 to 14, 999 SqFt
Region
Milwaukie, Gladstone, Happy Valley, Clckmas, Dmscus, Estacada

Property Description

Charming Craftsman style bungalow in the desirable Milwaukie Heights neighborhood! Step onto the main level and into a spacious living room featuring beautiful hardwood floors and abundant natural light. This home retains its original character with a custom kitchen showcasing solid built in cabinetry and a bright, inviting eating nook. The primary bedroom and full bathroom are conveniently located on the main floor. Upstairs, you’ll find a versatile second living area perfect for a home office, study space, media room, or hobby area, along with two additional bedrooms. The lower level offers a large basement with separate laundry area and ample square footage, ideal for a workshop, storage, or potential future living space conversion. Situated on a generous nearly 1/4-acre lot, the property features both front and back yards with excellent north/south exposure ideal for gardening, outdoor entertaining, and maximizing natural light. Enjoy the peaceful setting from the newer composite back deck. A detached two-car garage with a durable metal roof provides excellent space for storage, a workshop, or creative use. Buyers to perform due diligence regarding zoning and development possibilities; potential for multigenerational living or future ADU conversion. Conveniently located near parks, shopping, dining, and easy freeway access, this home offers the perfect blend of charm, space, and accessibility in one of Milwaukie’s most sought-after neighborhoods.

Additional Information

Tax Amount
$3,446
Year Built
1925
High School
Putnam
Elementary School
View Acres
Middle School
Alder Creek
Garage Spaces
2
Garage Type
Detached
Acres
0.23
Living Area
1,764
Stories
3
Subdivision
MILWAUKIE HEIGHTS
Property Type
Single Family Residence
Terms
Cash, Conventional, FHA, Rehab
Master Bedroom Level
Main
Cooling Description
None
Fuel Description
Gas
Heating Description
Forced Air
Hot Water Description
Electricity
Exterior Description
Wood Siding
Roof Type
Composition
Sewer Description
Public Sewer
Style
Bungalow, Craftsman
Parking
Driveway
Parking Description
Driveway
Road Surface
Paved
Exterior Features
Deck, RV Parking, Workshop, Yard
Interior Features
Concrete Floor, Hardwood Floors, High Ceilings, Laundry, Vinyl Floor, Wall to Wall Carpet, Washer/Dryer
Kitchen Appliances
Free-Standing Range

Mortgage Calculator

Amount of Loan
Annual Interest Rate
%
Term of Loan
Years

Does not include any taxes or fees.
Please consult a financial professional.
Calculator source: Real Geeks

Listing courtesy of Kinected Realty, LLC. Selling Office: SimpliHOM.

The content relating to real estate for sale on this site comes in part from the IDX program of the RMLS of Portland, Oregon. Real Estate listings held by brokerage firms other than this firm are marked with the RMLS logo, and detailed information about these properties include the name of the listing's broker. Listing content is copyright © 2026 RMLS of Portland, Oregon. All information provided is deemed reliable but is not guaranteed and should be independently verified. This content last updated on . Some properties which appear for sale on this web site may subsequently have sold or may no longer be available.