2132 SE Reedway St, Portland, OR 97202

Portland
Local realty services provided by:Knipe Realty ERA Powered
2132 SE Reedway St,Portland, OR 97202
$499,900
  • 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:$499,900
  • Price per sq. ft.:$332.16

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...

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Home facts

  • Year built:1927
  • Listing ID #:123737380
  • Added:53 day(s) ago
  • Updated:August 22, 2026 at 12:07 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:$499,900
  • Price per sq. ft.:$332.16
  • 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
MLS LogoAll 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 Knipe Realty ERA Powered 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: August 22, 2026

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