Listing provided courtesy of Kinected Realty, LLCMLS# 150013492MLS Provider
  • 47 days on site
  • 1 views

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.

Source: Regional MLS, MLS#: 150013492

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  • Property Type
    Residential
  • Lot
    0.23 acres

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KATY POWELL

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  • Median Age
    39
  • Population Density
    4,225
  • College Educated
    45%
  • Estimated Median Income
    $64,905
  • Estimated Total Home Owners
    8,656
  • Estimated Total Renters
    7,434
  • Owner / Renter Divide
    54% / 46%
  • Estimated Average Household Size
    2
  • Total Population
    36,904
  • Community data courtesy of LiveBy, Inc.

Owning this Home

$
$ %
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* All calculations are estimates and provided by Reliance Network, for informational purposes only. Actual amounts may vary. ** Assumes 6.50% APR, 20% down payment, and conventional 30-year fixed rate first mortgage. Rates cited are for instructional purposes only; current rates are subject to change at any time without notice. You should not make any decisions based simply on the information provided. Additional required amounts such as taxes, insurance, homeowner association dues, assessments, mortgage insurance premiums, flood insurance or other such required payments should also be considered. Contact your mortgage company for current rates and additional information. Any mortgage broker or insurance agent that may appear is independent and is not affiliated with, endorsed by, or provided by the MLS.

Life at 5520 SE ALDERCREST RD


Schools


School data courtesy of LiveBy, Inc.
Ratings are based on a scale of 1-5, with 5 being the highest rating and 1 being the lowest rating. The schools displayed on this website are for informational purposes only and may not represent a complete or up-to-date list. School assignments are subject to change and should be verified directly with the local school district. Please contact the appropriate school district to confirm school zoning and enrollment eligibility for this property.

History

Date Event Value Agent
6/15/2026Source: Regional MLS Status Change
Pending
6/9/2026Source: Regional MLS Status Change
Active
5/20/2026Source: Regional MLS Status Change
Pending
5/14/2026Source: Regional MLS Added to Database
May 14, 2026