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2132 SE Reedway St, Portland
$460,000
Save
- Price per sqft
- $305.65
- Built in
- 1927
- Property size
- 1,505 sqft
- Lot size
- 4,792 sqft
- Property type
- Residential
- Days on market
- 75
Overview
Charming Bungalow with Income Potential. Welcome to this inviting bungalow-style home offering a perfect blend of comfort, functionality, and future possibilities. The main floor features 2 spacious bedrooms and 1 full bathroom, along with a bright and welcoming living area, a functional kitchen, and a cozy dining space ideal for everyday living.The finished basement adds exceptional versatility with 1 non-conforming bedroom, an additional full bathroom, and a kitchenette. With its separate private entrance, the lower level offers excellent flexibility for guests, extended family, a home office, or potential rental use. Outside, the generous side yard presents an exciting opportunity for future expansion. The City of Portland approved the subdivision of the lot to build a new 1,000 square-foot home under the "Middle House" program (floor plans available upon request),creating even more possibilities for rental income, multigenerational living, or added property value. This property is a unique opportunity for homeowners and investors alike. Don't miss your chance to make this versatile home your own. [Home Energy Score = 4. HES Report at https://rpt.greenbuildingregistry.com/hes/OR10196927]
Details
Interior
- Interior features
- Hardwood Floors, Vinyl Floor, Washer / Dryer
- Appliances
- Built-in Range, Dishwasher, Disposal, Free Standing Range, Quartz, Stainless Steel Appliance
- Fireplace
- Yes
- Fireplaces
- 1
- Fireplace description
- Wood Burning
- Cooling
- No
- Heating
- Yes
- Heating description
- Forced Air
- Windows
- Double Pane Windows
Exterior and lot
- Lot size
- 4,792 sqft
- Exterior features
- Fenced, Porch
- Lot features
- Corner Lot
- Architectural style
- Bungalow
- Roof
- Composition
- View
- No
Utilities
- Sewer
- Public Sewer
- Water source
- Public Water
Parking
- Garage spaces
- 1
- Parking
- Driveway
- Total parking
- 1
Schools
- High school
- Cleveland
- Middle school
- Sellwood
- Elementary school
- Llewellyn
Location
- City
- Portland
- County
- Multnomah
Taxes and dues
- Annual taxes
- $5,143 (2025)
Location
2132 SE Reedway St, Portland, OR 97202
Monthly payment estimate
$2,877 /mo
- Principal and interest
- $2,448
- Property tax (2025)
- $429
- Total
- $2,877
Estimate only, and not an offer of credit. Assumes 20% down ($92,000) and a 30-year fixed rate at 7.00%. Property tax is the assessed annual amount from the listing, divided by twelve. Rates change daily. Insurance and mortgage insurance are not included. Speak to a lender for terms that apply to you.
