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
Active
$599,000
4410 SE Aldercrest Rd, Milwaukie, OR 97222
3beds
2,033sqft
:
Get pre-qualified$4,159/mo
Residential, Single Family Residence
Built in 1953
1.16 Acres Lot
$588,100 Zestimate®
$295/sqft
$-- HOA
What's special
Wood-burning fireplacePeaceful treed territorial settingPartially finished basement
- 15 days |
- 1,491 |
- 47 |
Zillow last checked:
Listing updated:
Listed by:
Sarah Boylan 503-522-1080,
Premiere Property Group, LLC,
Donald Johnson, P.C. 503-939-9353,
Premiere Property Group, LLC
Source: RMLS (OR),MLS#: 392299608
Facts & features
Interior
Bedrooms & bathrooms
- Bedrooms: 3
- Bathrooms: 2
- Full bathrooms: 1
- Partial bathrooms: 1
- Main level bathrooms: 1
Rooms
- Room types: Bedroom 2, Bedroom 3, Dining Room, Family Room, Kitchen, Living Room, Primary Bedroom
Primary bedroom
- Level: Main
Heating
- Forced Air
Cooling
- None
Appliances
- Included: Electric Water Heater
Features
- Basement: Partially Finished
- Number of fireplaces: 1
- Fireplace features: Wood Burning
Interior area
- Total structure area: 2,033
- Total interior livable area: 2,033 sqft
Property
Parking
- Parking features: Driveway
- Has uncovered spaces: Yes
Features
- Levels: Two
- Stories: 2
- Has view: Yes
- View description: Trees/Woods
Lot
- Size: 1.16 Acres
- Features: Sloped, Wooded, Acres 1 to 3
Details
- Parcel number: 00439868
- Zoning: R10
Construction
Type & style
- Home type: SingleFamily
- Property subtype: Residential, Single Family Residence
Materials
- Wood Composite
- Foundation: Concrete Perimeter
- Roof: Composition
Condition
- Fixer
- New construction: No
- Year built: 1953
Utilities & green energy
- Sewer: Public Sewer
- Water: Public
Community & HOA
HOA
- Has HOA: No
Location
- Region: Milwaukie
Financial & listing details
- Price per square foot: $295/sqft
- Tax assessed value: $576,586
- Annual tax amount: $4,390
- Date on market: 4/17/2026
- Listing terms: Cash,Conventional
- Road surface type: Gravel, Paved
Estimated market value
$588,100
$559,000 - $618,000
$3,335/mo
Price history
| Date | Event | Price |
|---|---|---|
| 7/26/2026 | Listed for sale | $599,000$295/sqft |
Source:  RMLS (OR) #392299608 Report a problem | ||
| 6/12/2026 | Pending sale | $599,000$295/sqft |
Source: RMLS (OR) #392299608 Report a problem | ||
| 6/1/2026 | Listed for sale | $599,000$295/sqft |
Source: RMLS (OR) #392299608 Report a problem | ||
| 5/25/2026 | Pending sale | $599,000$295/sqft |
Source: RMLS (OR) #392299608 Report a problem | ||
| 4/17/2026 | Listed for sale | $599,000$295/sqft |
Source: RMLS (OR) #392299608 Report a problem | ||
Public tax history
| Year | Property taxes | Tax assessment |
|---|---|---|
| 2025 | $4,391 +3.7% | $232,886 +3% |
| 2024 | $4,234 +2.9% | $226,103 +3% |
| 2023 | $4,114 +5.7% | $219,518 +3% |
| 2022 | $3,891 +3.8% | $213,125 +3% |
| 2021 | $3,747 +3.3% | $206,918 +3% |
| 2020 | $3,627 +1.5% | $200,892 +3% |
| 2019 | $3,574 +14.4% | $195,041 +3% |
| 2018 | $3,124 | $189,360 +3% |
| 2017 | $3,124 +7.3% | $183,845 +3% |
| 2016 | $2,912 | $178,490 +3% |
| 2015 | $2,912 +3% | $173,291 +3% |
| 2014 | $2,828 +7.1% | $168,244 +3% |
| 2013 | $2,641 +2.4% | $163,344 +3% |
| 2012 | $2,579 +0.6% | $158,586 +3% |
| 2011 | $2,565 +6% | $153,967 +3% |
| 2010 | $2,420 +3.1% | $149,483 +3% |
| 2009 | $2,348 +6.6% | $145,129 +3% |
| 2008 | $2,202 +2.5% | $140,902 +3% |
| 2007 | $2,149 +12% | $136,798 +3% |
| 2006 | $1,919 +1.6% | $132,814 +3% |
| 2005 | $1,889 +3.2% | $128,946 +3% |
| 2004 | $1,831 +2% | $125,190 +3% |
| 2003 | $1,795 +3.2% | $121,544 +3% |
| 2002 | $1,739 +2% | $118,004 +3% |
| 2001 | $1,704 +3.6% | $114,567 +3% |
| 2000 | $1,645 | $111,230 |
Find assessor info on the county website
Monthly payment
Est. payment
Payment breakdown
Explore the cost of this home by adjusting the details. Changes won't be saved.Climate risks
Neighborhood: 97222
Nearby schools
GreatSchools rating
- 6/10Oak Grove Elementary SchoolGrades: K-5Distance: 1.1 mi
- 2/10Alder Creek Middle SchoolGrades: 6-8Distance: 1.2 mi
- 4/10Putnam High SchoolGrades: 9-12Distance: 1.7 mi
Schools provided by the listing agent
- Elementary: Oak Grove
- Middle: Alder Creek
- High: Putnam
Source: RMLS (OR). This data may not be complete. We recommend contacting the local school district to confirm school assignments for this home.
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