About This Home
This 3-bedroom, 2-bathroom single family at 2132 SE REEDWAY St in Portland, OR is listed for $539,900 ($359 per sqft). Built in 1927, the home offers 1,505 sqft of living space on a 0.11 acres lot.
Key Features
- Built in 1927
- 0.11 acre lot
- 2 stories
Property Details
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.Th
e 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
Monthly Cost Estimate
$2,887/mo
20% down · 6.5% · 30 years
Estimates only. Actual payments may vary.
Location
2132 SE REEDWAY St
Portland, OR 97202
Features & Amenities
Interior Features
Exterior Features
Property Details
Pool Features
Heating
Appliances
Questions & Answers
This 3-bedroom, 2-bathroom single family at 2132 SE REEDWAY St is listed at $539,900 ($359/sqft). The estimated monthly payment is $2,887 based on 20% down, a 30-year loan at 6.5% interest, estimated insurance.
Key features include: Built in 1927, 0.11 acre lot, 2 stories. Interior Features: HardwoodFloors, VinylFloor, WasherDryer. Exterior Features: Fenced, Porch.
This property is listed by Omar Torres and can be reached at 5033819668.






