Rare opportunity on 1.16 acres in Milwaukie (R10 zoning) featuring a fixer home plus two additional approx. .33-acre parcels created through a 1991 minor partition. Ideal for builders, investors, or buyers looking for land potential with upside. The existing 3-bedroom, 1.1-bath home offers 2,033 sq ft, a wood-burning fireplace, partially finished basement, and peaceful treed territorial setting tucked away yet close to schools, services, and commuter routes. Property includes public water and sewer already connected, adding flexibility for future possibilities. Level of opportunity here is hard to find: renovate the existing home, explore development potential, or hold as a long-term investment property. Cash out only. No terms. Buyer to perform due diligence regarding buildability, lot lines, and development feasibility
Single-familyProperty Type
1953Year Built
1.16 acresLot Size
$295Price/Sq.Ft.
Listed by Sarah Boylan• Premiere Property Group, LLC
Listed by Donald Johnson, P.C.• Premiere Property Group, LLC
Urban Low Density Residential District is adopted to implement the policies of the Comprehensive Plan for Low Density Residential, Village Standard Lot Residential, Village Small Lot Residential, Village Townhouse, Medium Density Residential, Medium High Density Residential, High Density Residential, Special High Density Residential, Village Apartment, and Regional Center High Density Residential areas.
Permitted uses
Include but are not limited to:
Religious facility
Housing-Multiple units
Recreation
Golf related
Apr 10, 2012 • Final
Building - mechanical residential
Gas
HVAC
Sep 16, 2004 • Final
Building - electrical
Work on a meter base.
Electrical
Electric meter
Permit history is from public records and may be incomplete or inaccurate. Redfin and its agents make no representations about the property condition or permit status. Buyers should independently verify all information.
Climate risks
1/10 Flood Factor
Minimal risk of a flood reaching the building in the next 30 years
3/10 Fire Factor
0.31% chance of being in a wildfire in next 30 years
2/10 Heat Factor
7 days above 94° expected this year, 14 days in 30 years
1/10 Wind Factor
Minimal risk of severe winds over next 30 years
10/10 Air Factor
18 unhealthy days expected this year, 20 days in 30 years
Provided by First Street
Historical weather
Portland, OR • 97222
Average low and high temperatures (°F)
48
36
51
37
58
43
65
44
71
49
77
54
84
58
84
60
78
56
64
47
54
43
51
41
Jan
Feb
Mar
Apr
May
Jun
Jul
Aug
Sep
Oct
Nov
Dec
Sun exposure
48/ 100
Low sunlight
Sunscore
There appears to be significant shading by surrounding buildings, terrain, and vegetation.
9.8 hrs
0.9 hr
JuneDecember
Provided by Shadowmap
Redfin Estimate for 4410 SE Aldercrest Rd
$564,709
$34K under list price of $599K
Nearby comparable homes
The Redfin Estimate uses 6 recent nearby sales, priced between $507K to $695K.