5520 SE ALDERCREST RD

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.