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.
Est. $2,457 per month, based on comparable rentals
Sale and tax history for 5520 SE Aldercrest Rd
Sale History
Tax History
Date
Event
Price
RMLS #150013492
Jul 7, 2026
Sold
$390,000
$221/sq ft
Jun 15, 2026
Pending
—
Jun 9, 2026
Relisted
—
May 20, 2026
Pending
—
May 14, 2026
Listed
$374,900
$213/sq ft
Year
Property tax
Land + Additions
Assessment*
2025
$3,447 (+3.7%)
2024
$3,324 (+2.9%)
2023
$3,229 (+5.7%)
2022
$3,054 (+3.8%)
2021
$2,942 (+3.3%)
2020
$2,847 (+1.5%)
2019
$2,806 (+14.4%)
2018
$2,452 (+3.4%)
2017
$2,372 (+3.8%)
2016
$2,286 (+3.0%)
2015
$2,220 (+5.8%)
2014
$2,098 (+1.2%)
2013
$2,073 (+2.4%)
2012
$2,025 (+0.6%)
2011
$2,013 (+6.0%)
2010
$1,900
2009
$1,900
Public record
Public record
Zoning
Permits
Beds
3
Baths
1
Stories
2
Lot width
—
Lot depth
—
Lot size
10,032 Sq. Ft.
Year renovated
—
Sq. Ft.
1,895
Year built
1925
Style
Single Family Residential
County
Clackamas County
APN
00442872
Parking Spaces
—
Basement
—
Accessible
—
HOA Dues
—
Garage
—
Features
—
Last updated by owner on Jul 14, 2026.
R10
Urban Low Density Residential District
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
May 7, 2012 • Final
Building/mechanical/residential/na
Gas
HVAC
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.
Property details
Parking
Parking Information
Parking Features: Driveway
RV Description: RV Parking
Parking Total: 2
Garage Information
Garage Type: Detached
Garage Spaces: 2
Interior
Appliances
Appliances: Free-Standing Range
Hot Water Description: Electricity
Interior Features
Interior Features: Concrete Floor, Hardwood Floors, High Ceilings, Laundry, Vinyl Floor, Wall to Wall Carpet, Washer/Dryer