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5278 SE Alderway Ave, 
Milwaukie, OR 97267

$399,000

3

Beds

1

Bath

1,388

Sq Ft

Single Family

Active

Listed by

Marissa Newbury

Equity Oregon Real Estate

503-550-5808

Last updated:

September 9, 2026, 11:45 AM

MLS#

460187401

Source:

PORTLAND

About This Home

5278 SE Alderway Ave

Investor Special on top of the hill in Milwaukie !! This classic brick ranch is waiting for your revival!! Beautiful beveled glass door entryway with continuous wide plank hardwood floors step down into a sunken living room with a cozy wood burning fireplace. Functionally connected for that 70's entertaining the dining room includes a great character cut out wood framed custom picture window. Wood floors throughout dining and kitchen with a bonus 2nd living room includes a hearth for a wood stove. Sliding doors to a private back yard with a tool shed and raised garden beds. Primary bedroom features with double closets.Deep oversized 2 car garage and RV parking! New gas furnace and AC in 2009! Wood stove and all personal property to be removed before closing. Motivated Seller!

Home Facts

Single Family

1 Bath

3 Bedrooms

Built in 1973

Price Summary

399,000

$287 per Sq. Ft.

MLS #:

460187401

Last Updated:

September 9, 2026, 11:45 AM

Added:

5 day(s) ago

Rooms & Interior

Bedrooms

Total Bedrooms:

3

Bathrooms

Total Bathrooms:

1

Full Bathrooms:

1

Interior

Living Area:

1,388 Sq. Ft.

Structure

Structure

Architectural Style:

1 Story, Ranch

Building Area:

1,388 Sq. Ft.

Year Built:

1973

Finances & Disclosures

Finances

Price:

$399,000

Price per Sq. Ft:

$287 per Sq. Ft.

MLS Logo
All information provided is deemed reliable but is not guaranteed and should be independently verified. The content relating to real estate for sale on this web site comes in part from the IDX program of the RMLS of Portland Oregon. Real estate listings held by brokerage firms other than Coldwell Banker Valley Brokers are marked with the RMLS logo and detailed information about these properties includes the names of the listing brokers. Copyright 2026 RMLS, Portland, Oregon. Last updated: September 9, 2026

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Contact an Agent

Yes, I would like more information. Please use and/or share my information with a Coldwell Banker ® affiliated agent to contact me about my real estate needs. By clicking Contact, I request to be contacted by phone or text message and consent to being contacted by automated means. I understand that my consent to receive calls or texts is not a condition of purchasing any property, goods, or services. Alternatively, I understand that I can access real estate services by email or I can contact the agent myself.

If a Coldwell Banker affiliated agent is not available in the area where I need assistance, I agree to be contacted by a real estate agent affiliated with another brand owned or licensed by Anywhere Real Estate (BHGRE®, CENTURY 21®, Corcoran®, ERA®, or Sotheby's International Realty®). I acknowledge that I have read and agree to the terms of use and privacy notice.