2132 SE Reedway St, Portland, OR 97202
Local realty services provided by:ERA Freeman & Associates, Realtors
2132 SE Reedway St,Portland, OR 97202
$539,900
- 3 Beds
- 2 Baths
- 1,505 sq. ft.
- Single family
- Active
Listed by: omar torres
Office: keller williams pdx central503-548-4848
MLS#:123737380
Source:PORTLAND
Price summary
- Price:$539,900
- Price per sq. ft.:$358.74
About this home
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....
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Home facts
- Year built:1927
- Listing ID #:123737380
- Added:1 day(s) ago
- Updated:June 30, 2026 at 08:25 PM
Rooms and interior
- Bedrooms:3
- Total bathrooms:2
- Full bathrooms:2
- Kitchen Description:Built In Range, Dishwasher, Disposal, Free Standing Range, Quartz, Stainless Steel Appliance
- Basement Description:Finished, Full Basement
- Living area:1,505 sq. ft.
Heating and cooling
- Heating:Forced Air
Structure and exterior
- Roof:Composition
- Year built:1927
- Building area:1,505 sq. ft.
- Lot area:0.11 Acres
- Lot Features:Corner Lot
- Architectural Style:Bungalow
- Exterior Features:Fenced, Porch
- Foundation Description:Concrete Perimeter
- Levels:2 Stories
Schools
- High school:Cleveland
- Middle school:Sellwood
- Elementary school:Llewellyn
Utilities
- Water:Public Water
- Sewer:Public Sewer
Finances and disclosures
- Price:$539,900
- Price per sq. ft.:$358.74
- Tax amount:$5,143 (2025)
Features and amenities
- Laundry features:Washer/Dryer
- Amenities:Double Pane Window(s), Hardwood Floors, Vinyl Floors
Parking
- Total parking spaces:1
- Parking description:Driveway
- Garage spaces:1
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