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3 Beds
2 Baths
1,505 sqft

$460,000

2132 SE REEDWAY ST, Portland OR, 97202

Price per sqft$305.65
Built in1927
Property size1,505 sqft
Property typeResidential
Listing Courtesy of Keller Williams PDX Central, Omar Torres. 503-381-9668

Overview

Active

Listed Jun 29, 2026

Updated 3 weeks ago

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]

$3,060/mo

Est. mortgage payment based on a $460,000 home price.

All estimates are provided by Luxury Presence for informational purposes only. Actual amounts may vary.

Additional information

MLS® ID
123737380

Interior Features

Bedrooms
3
Bathrooms
2
Fireplace
Yes
Heating
Yes
Basement
Yes

Exterior Features

Lot Size
0.11 Acres

Other Property Details

Taxes
$5,143
Tax Frequency
Annually
Garage
Yes
55+/Senior Community
No
MLS provider logo

Listing Courtesy of Keller Williams PDX Central, Omar Torres. 503-381-9668

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 Saltaire Coastal Homes are marked with the RMLS logo, and detailed information about these properties includes the names of the listing brokers. Listing content is copyright © 2026 RMLS, Portland, Oregon. All information provided is deemed reliable but is not guaranteed and should be independently verified.

This content last updated on 9/12/2026, 3:40 AM UTC. Some properties which appear for sale on this web site may subsequently have sold or may no longer be available

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