Date
Details
Price
Change
Source
9/04/2026
Listed
$399,000
—
MLS
Disclaimer: Historical sales information is derived from public records provided by the county offices. Information is not guaranteed and should be independently verified.
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1/25
$399,000 Just Listed
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Property Description
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!
Full Property Details
Full Property Details for 5278 SE Alderway Ave
General
- Price: $399,000
- Taxes: $4,639 (2025)
- Status: Active
- Type: Single Family
- Source: RWMLS
- MLS ID: 460187401
- Updated: 9/4/2026
- Added to Site: 1 day(s) ago
Interior
- Interior Features: Wood Floors
- Fireplace: Yes
- Number of Fireplaces: 2
- Fireplace(s): Stove, Wood Burning
- Appliances: Dishwasher, Disposal, Free-Standing Range
Rooms
Bathrooms
- Total Bathrooms: 1
- Full Bathrooms: 1
- Main - Full Baths: 1
Bedrooms
- Total Bedrooms: 3
- Primary Bedroom: Main
- Bedroom 2: Main
- Bedroom 3: Main
Other Rooms
- Living Room: Main
- Family Room: Main
- Kitchen: Main
- Dining Room: Main
Exterior
- Exterior Features: Fenced, Patio, Raised Beds, RV Parking, Tool Shed, Yard
Parking
- Garage: Yes
- Attached garage: Yes
- Total Spaces: 2
- Parking Features: Driveway
Location
- County: Clackamas
- Driving Directions: Theissan to Wallace South to Alderway Ave
School Information
- Elementary School: View Acres
- Middle School: Alder Creek
- High School: Putnam
Community
- Community Name: 145 - Milwaukie, Gladstone, Happy Valley, Clckmas, Dmscus, Estacada
Heating & Cooling
- Central air: Yes
- Air Conditioning: Yes
- Cooling Type: Central Air
- Heating Type: Forced Air
- Heating Fuel: Electricity, Gas
Utilities
- Sewer: Public Sewer
- Water: Public Water
Structural Information
- Property Detached: Yes
- Architectural Style: 1 Story, Ranch
- Basement Desc.: Crawl Space
- Roof: Composition
- Windows: Aluminum Frames
- Stories/Levels: 1
- Square Feet: 1,388
- Year Built: 1973
- Property Condition: Fixer
Lot Features
- Lot Size: 7, 000 to 9, 999 SqFt
- Frontage: Paved
- Lot Features: Level
Financial Considerations
- Tax Amount: $4,639.31
- Tax Year: 2025
- Terms: Cash, Rehab
Disclosures and Reports
- Legal Description: 774 OAK PARK UNIT 2 LT 005 BLK 06
- Disclosures/Reports: Exempt
- Property ID: 456642
Listed by Equity Oregon Real Estate (503) 550-5808, Marissa Newbury (503) 318-8950
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Listing agent
— 5278 SE Alderway Ave —
Marissa Newbury
Equity Oregon Real Estate
503-550-5808
NMLS#: 1598647
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Schools
Schools serving 5278 SE Alderway Ave
School District:North Clackamas School District 12
| Name | Grades | Distance |
|---|---|---|
View Acres Elementary School 4828 SE View Acres Rd, Milwaukie, OR 97267 | K-5 | 0.7 mi |
Alder Creek Middle School 13801 SE Webster Rd, Milwaukie, OR 97267 | 6-8 | 1.3 mi |
Putnam High School 4950 Southeast Roethe Road, Milwaukie, OR 97267 | 9-12 | 0.5 mi |
Disclaimer:
School attendance boundaries provided by ATTOM Data Solutions and are for reference only. Contact the school directly to verify enrollment eligibility.
Price & Sales History for 5278 SE Alderway Ave
Tax History
Tax History for 5278 SE Alderway Ave
Year
Property Taxes
Change
Tax Assessment
Change
2025
$4,639
4%
$244,276
3%
2024
$4,475
3%
$237,162
3%
2023
$4,349
10%
$230,255
6%
2021
$3,965
-4%
$217,038
-3%
2022
$4,115
4%
$223,549
6%
2021
$3,965
5%
$210,717
3%
2019
$3,785
14%
$204,580
3%
2018
$3,312
3%
$198,621
3%
2017
$3,206
4%
$192,836
3%
2016
$3,092
3%
$187,219
3%
2015
$3,003
6%
$181,766
3%
2014
$2,839
2%
$176,472
3%
2013
$2,791
—
$171,332
—
Disclaimer: Historical tax information is derived from public records provided by the county offices. Information is not guaranteed and should be independently verified.
Estimate the Cost
Estimate the Cost for 5278 SE Alderway Ave
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5278 SE Alderway Ave, Milwaukie, OR 97267 (MLS# 460187401) is a Single Family property with 3 bedrooms and 1 full bathroom. 5278 SE Alderway Ave is currently listed for $399,000 and was received on September 04, 2026. Want to learn more about 5278 SE Alderway Ave? Do you have questions about finding other Single Family real estate for sale in Milwaukie? You can browse all Milwaukie real estate or contact a Coldwell Banker agent to request more information.