2132 SE REEDWAY ST Portland, OR $ 539,900
2132 SE REEDWAY ST
$ 539,900
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2132 SE REEDWAY ST

Portland, OR, 97202
$ 539,900
Bedrooms3 Baths2.0 Sq 1,505

Monthly Estimate*

$ 3,409

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Single Family Home for sale in Portland, OR

for $539,900 with 3 bedrooms and 2 full baths. This 1,505 square foot home was built in 1927 on a lot size of 0.11.

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]

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Single Family Active

Price

$ 539,900

Bedrooms

3

Full Bath

2

Property Type

Single Family

Taxes

$ 5,142

Style

Bungalow

Lot Size

0.11

Year Built

1927

Town/City

Portland

County/Region

Multnomah

MLS | Web ID

123737380

Features
Interior
Interior Amenities HardwoodFloors VinylFloor WasherDryer
Basement Finished FullBasement
Total Fireplaces 1
Fireplace Features WoodBurning
Hot Water Electricity Tank
Window Features DoublePaneWindows
Total Bathrooms 2.0
Total Bedrooms 3
Total Baths 2
1/2 Baths 0
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General
Sewer PublicSewer
Heating ForcedAir
Roof Composition
Appliances BuiltinRange Dishwasher Disposal FreeStandingRange Quartz StainlessSteelAppliance
Garage Spaces 1.0
Architectural Style Bungalow
Year Built 1927
Stories Count 2
Property Subtype SingleFamilyResidence
Tax Year 2025
Parcel Number R304470
County Multnomah
Property Type Residential
HOA N
Full Baths 2
Status Active
Directions SE McLoughlin to SE 22nd
High School Cleveland
City Portland
Disclosures Disclosure
MLS Area _143
Lot Size Square Feet 4791.0
Listing Terms Cash Conventional FHA VALoan
Elementary School Llewellyn
Tax Annual Amount 5142.98
Middle/Junior High School Sellwood
Property Condition Resale
Standard Status Active
Accessory Dwelling Unit Y/N N
Legal Description WESTMORELAND BLOCK 45 LOT 22
ADU False
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Exterior
Exterior Amenities Fenced Porch
Parking Features Driveway
Lot Features CornerLot
Water Source PublicWater
Total Parking 1.0
Garage Type Detached
Exterior Description Asbestos
Foundation Details ConcretePerimeter
Building Area Total 1505.0
Lot Size Acres 0.11
Road Surface Type Paved
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Internal Only
Street Number 1 2132
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* Excluded Features
List By
Keller Williams Pdx Central

Broker

omar@nomirealtygroup.com

Email

Affordability Calculator

$3,837
Per Month
89%
11%
0%
Monthly Principal & Interest
$3,409
Monthly Property Taxes
$429
Monthly Home Insurance
--
Default based on a 30-year fixed rate of 6.49% 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.
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Nearby
1948987 Elementary School
1948901 Middle School
Cleveland High School High School
Pricing History
DatePricePrice ChangeDescription
6/30/2026$539,900 Listed Price

Map


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2132 SE REEDWAY ST, Portland, OR, 97202 is a Single Family Home for sale at $539,900 with 1,505 sqft and a lot size of 0.11. 2132 SE REEDWAY ST has 3 bedrooms, 2.0 baths, and was built in 1927. The property's zip code is 97202 which is in Portland, OR