# 2132 SE REEDWAY St, Portland, OR 97202

> **TL;DR:** 3bd/2ba single family, $539,900 ($359/sqft), built 1927, 1,505 sqft. Est. $2,887/mo. Listed 4 days.

## Property at a Glance

| Attribute | Value |
|-----------|-------|
| Price | $539,900 |
| Price/sqft | $359 |
| Bedrooms | 3 |
| Bathrooms | 2 full |
| Square Feet | 1,505 |
| Year Built | 1927 |
| Lot Size | 4,792 sqft (0.11 acres) |
| Stories | 2 |
| Property Type | Single Family (Single Family Residence) |
| Status | For Sale |
| Days on Market | 4 |

## Estimated Monthly Costs

| Category | Amount |
|----------|--------|
| Principal & Interest (20% down, 30-year at 6.5%) | $2,730 |
| Estimated Insurance | $157 |
| **Total** | **$2,887** |

## Nearby Schools

- **Elementary:** Llewellyn
- **Middle:** Sellwood
- **High:** Cleveland

## Property Highlights

- Built in 1927
- 0.11 acre lot
- 2 stories

## Description

### Agent Description
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

## Location

- **Address:** 2132 SE REEDWAY St, Portland, OR 97202
- **County:** Multnomah
- **Coordinates:** 45.481536, -122.643707
- **Google Maps:** https://www.google.com/maps?q=45.481536,-122.643707

## Listing Agent

- **Name:** Omar Torres
- **Brokerage:** Keller Williams PDX Central
- **Phone:** 5033819668

## Primary Photo

![2132 SE REEDWAY St - Primary Photo](http://lh.rdcpix.com/e7ed79ec36170a6752cefaae4a60579fl-f2222965446r.jpg)

*32 total photos available on [listing page](https://www.propertysimple.ai/listing/2132-se-reedway-st-portland-or-97202-23737380)*

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**MLS#:** 123737380 | **Updated:** 2026-08-03
**Source:** listhub

*Copyright © 2026 Regional Multiple Listing Services. All rights reserved. All information provided by the listing agent/broker is deemed reliable but is not guaranteed and should be independently verified.*

[View on PropertySimple](https://www.propertysimple.ai/listing/2132-se-reedway-st-portland-or-97202-23737380)

---

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