5235 SE 32ND AVE
Portland, OR, 97202 $ 885,000
Bedrooms4 Baths3.1 Sq 3,344 Monthly Estimate*
$ 5,449
for $885,000 with 4 bedrooms and 3 full baths, 1 half bath. This 3,344 square foot home was built in 1975 on a lot size of 0.19.
Modern Main-Floor Suite Across from Reed College.Directly opposite the Reed College athletic fields, this 1975 ranch reimagines classic suburban form with an emphasis on light, flow, and livability—all anchored by a rare primary suite on the main floor.The entry sets a quiet, intentional tone: parquet hardwood, clean lines, and built-in storage that feels integrated rather than added on. From there, the main level opens into a sequence of bright, connected spaces. Oversized windows frame treetops and sky, flooding both living and family rooms with natural light. At the center, the kitchen functions as a true hub— plank floors, granite surfaces, stainless appliances, and an island that transitions seamlessly to a large elevated deck via sliding glass doors for sunset entertainment. The primary suite on the main floor reads like a private wing: a walk-in closet, double-sink bath, and easy proximity to the public spaces without sacrificing separation. It’s a layout that privileges ease and aging-in-place, as well as day-to-day comfort.Below, a daylight basement expands the program of the home. Two generous flex spaces with a fireplace and separate entrance suggest multiple futures—ADU conversion, multi-generational living, studio, office, or student housing—without compromising the integrity of the main level.Outside, the landscape balances structure and softness: mature plantings, a thoughtful mix of sun and shade, stair access from the upper deck, and defined garden beds that invite cultivation rather than maintenance.Positioned at the intersection of several highly walkable Southeast Portland neighborhoods, including nearby Woodstock, the home sits within easy reach of breweries, the Crystal Springs Rhododendron Garden, Eastmoreland Golf Course, light rail, and the layered urban fabric surrounding Reed. It’s a house that quietly supports a range of ways to live, work, and share space—without shouting for attention. Fully fenced, turn the key and enjoy.
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FeaturesInteriorInterior Amenities Granite LoVOCMaterial LuxuryVinylPlank WalltoWallCarpet
Basement ExteriorEntry Finished FullBasement
Total Fireplaces 2
Fireplace Features WoodBurning
Hot Water Electricity Tank
Window Features AluminumFrames StormWindow VinylFrames
Total Bathrooms 3.1
Total Bedrooms 4
Total Baths 4
1/2 Baths 1
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GeneralSewer PublicSewer
Heating ForcedAir
Cooling CentralAir
Roof Composition
Appliances Dishwasher ENERGYSTARQualifiedAppliances FreeStandingRange FreeStandingRefrigerator Granite Island Microwave StainlessSteelAppliance
Zoning R7
Garage Spaces 2.0
Architectural Style Stories2 DaylightRanch
Security Features Entry
Year Built 1975
Stories Count 2
Property Subtype SingleFamilyResidence
Tax Year 2025
Parcel Number R328336
Accessibility AccessibleFullBath GarageonMain GroundLevel MainFloorBedroomBath MinimalSteps NaturalLighting Parking WalkinShower
County Multnomah
Property Type Residential
HOA N
Subdivision Name REED
Full Baths 3
Status Active
Directions Corner of SE Steele & SE 32nd. Across from Reed College Athletic Fields
High School Cleveland
City Portland
Disclosures Exempt
MLS Area _143
Lot Size Square Feet 8276.0
Listing Terms CallListingAgent Cash Conventional FHA VALoan
Elementary School Grout
Tax Annual Amount 10696.87
Middle/Junior High School Hosford
Property Condition UpdatedRemodeled
Standard Status Active
Accessory Dwelling Unit Y/N N
Legal Description SECTION 13 1S 1E TL 2700 0.19 ACRES
ADU False
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ExteriorExterior Amenities Deck Fenced Garden RaisedBeds SecurityLights ToolShed XeriscapeLandscaping Yard
Parking Features Driveway
Lot Features CornerLot GentleSloping GreenBelt Level OnBusline Seasonal
Water Source PublicWater
Total Parking 2.0
Garage Type Attached ExtraDeep Oversized
Exterior Description WoodSiding
Foundation Details ConcretePerimeter
Building Area Total 3344.0
Lot Size Acres 0.19
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* Excluded FeaturesAffordability Calculator
- Monthly Principal & Interest
- $5,449
- Monthly Property Taxes
- $891
- Monthly Home Insurance
- --
Default based on a 30-year fixed rate of 6.25% with 20% down. The estimated payment is offered for convenience and is not an offer of credit. Due to market fluctuations, interest rates are subject to change at any time and without notice. Your individual rate may vary. Rates may differ for FHA, VA or jumbo loans.
Learn more about how to save NearbySingle family listings in Portland, OR
Average List Price $702,287
Percent of Sale Price 21%
About Portland, OR 646,380 Population
22% Since 2002
$ 62,517 Median Income
39 Median Age
22% Households with Children
Trends Information provided by ATTOM Data Solutions.
1949298 Elementary School
1950530 Middle School
Cleveland High School High School
Pricing History| Date | Price | Price Change | Description |
|---|
| 1/19/2026 | $885,000 | | Listed Price |