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Active
    • Price cut: $40K (7/17)
    $499,900

    2132 SE Reedway St, Portland, OR 97202

    3beds
    1,505sqft
    : 
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    Residential, Single Family Residence
    Built in 1927
    4,791 Square Feet Lot
    $-- Zestimate®
    $332/sqft
    $-- HOA

    What's special

    Generous side yardFinished basementInviting bungalow-style homeCozy dining spaceSeparate private entranceFunctional kitchen
    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]
    18 days
    |
    1,275
    |
    89
    |

    Likely to sell faster than

    Zillow last checked:

    Listing updated:

    Listed by:

    Omar Torres 503-381-9668,

    Keller Williams PDX Central

    Source: RMLS (OR),MLS#: 123737380MLS Logo

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      Facts & features

      Interior

      Bedrooms & bathrooms
      • Bedrooms: 3
      • Bathrooms: 2
      • Full bathrooms: 2
      • Main level bathrooms: 1
      Rooms
      • Room types: Bedroom 2, Bedroom 3, Dining Room, Family Room, Kitchen, Living Room, Primary Bedroom
      Primary bedroom
      • Level: Main
      Bedroom 2
      • Level: Main
      Bedroom 3
      • Level: Lower
      Dining room
      • Level: Main
      Kitchen
      • Level: Main
      Living room
      • Level: Main
      Heating
      • Forced Air
      Appliances
      • Included: Built-In Range, Dishwasher, Disposal, Free-Standing Range, Stainless Steel Appliance(s), Washer/Dryer, Electric Water Heater, Tank Water Heater
      Features
      • Quartz
      • Flooring: Hardwood, Vinyl
      • Windows: Double Pane Windows
      • Basement: Finished,Full
      • Number of fireplaces: 1
      • Fireplace features: Wood Burning
      Interior area
      • Total structure area: 1,505
      • Total interior livable area: 1,505 sqft

      Property

      Parking
      • Total spaces: 1
      • Parking features: Driveway, Detached
      • Garage spaces: 1
      • Has uncovered spaces: Yes
      Features
      • Stories: 2
      • Patio & porch: Porch
      • Fencing: Fenced
      Lot
      • Size: 4,791 Square Feet
      • Features: Corner Lot, SqFt 3000 to 4999
      Details
      • Parcel number: R304470

      Construction

      Type & style
      • Home type: SingleFamily
      • Architectural style: Bungalow
      • Property subtype: Residential, Single Family Residence
      Materials
      • Asbestos
      • Foundation: Concrete Perimeter
      • Roof: Composition
      Condition
      • Resale
      • New construction: No
      • Year built: 1927

      Utilities & green energy

      • Gas: Gas
      • Sewer: Public Sewer
      • Water: Public

      Community & HOA

      HOA
      • Has HOA: No
      Location
      • Region: Portland

      Financial & listing details

      • Price per square foot: $332/sqft
      • Tax assessed value: $523,880
      • Annual tax amount: $5,142
      • Date on market: 6/29/2026
      • Listing terms: Cash,Conventional,FHA,VA Loan
      • Road surface type: Paved

        Estimated market value

        Not available

        Estimated sales range

        Not available

        Not available

        Price history

        DateEventPrice
        7/17/2026Price change$499,900-7.4%$332/sqft
        Source: RMLS (OR) #123737380 Report a problem
        6/30/2026Listed for sale$539,900+20%$359/sqft
        Source: RMLS (OR) #123737380 Report a problem
        3/13/2025Listing removed$1,900$1/sqft
        Source: Zillow Rentals Report a problem
        3/11/2025Listed for rent$1,900+5.6%$1/sqft
        Source: Zillow Rentals Report a problem
        10/30/2023Listing removed--
        Source: Zillow Rentals Report a problem
        10/26/2023Listed for rent$1,800$1/sqft
        Source: Zillow Rentals Report a problem
        1/31/2022Sold$450,000+5.9%$299/sqft
        Source: RMLS (OR) #21072706 Report a problem
        12/15/2021Pending sale$425,000$282/sqft
        Source: RMLS (OR) #21072706 Report a problem
        12/10/2021Listed for sale$425,000$282/sqft
        Source: RMLS (OR) #21072706 Report a problem

        Public tax history

        YearProperty taxesTax assessment
        2025$5,143 +3.7%$190,870 +3%
        2024$4,958 +4%$185,320 +3%
        2023$4,768 +2.2%$179,930 +3%
        2022$4,665 +1.7%$174,690 +3%
        2021$4,586 +9%$169,610 +3%
        2020$4,207 +3.8%$164,670 +3%
        2019$4,052 $159,880 +3%
        2018$4,052 +3%$155,230 +3%
        2017$3,933 +14%$150,710 +3%
        2016$3,450 $146,330 +3%
        2015$3,450 +2.7%$142,070 +3%
        2014$3,360 +3.9%$137,940 +3%
        2013$3,232 +10.5%$133,930 +3%
        2012$2,924 +3.9%$130,030 +3%
        2011$2,814 +5.4%$126,250 +3%
        2010$2,670 +2.7%$122,580 +3%
        2009$2,600 +6%$119,010 +3%
        2008$2,454 +0.3%$115,550 +3%
        2007$2,446 +11.4%$112,190 +3%
        2006$2,197 +4.7%$108,930 +3%
        2005$2,098 -8.2%$105,760 +3%
        2004$2,285 +2.3%$102,680 +3%
        2003$2,235 +8.9%$99,690 +3%
        2002$2,053 +7.4%$96,790 +6.1%
        2000$1,912 +7.5%$91,250 +3%
        1999$1,778 $88,600
        Find assessor info on the county website

        Monthly payment

        Est. payment

        Payment breakdown

        Explore the cost of this home by adjusting the details. Changes won't be saved.
        All calculations are estimates and provided by Zillow, Inc. for informational purposes only. Actual amounts may vary.
        HOA fees may include property taxes on listings classified as Co-Ops. Contact the listing agent and/or owner for fee details.
        Mortgage interest rates are dependent on a number of factors, including credit score, down payment, and repayment length. Interest rate data provided by Zillow Group Marketplace, Inc. as of 1/1/1970 from various mortgage lenders with which we have lead or other similar arrangements; the Estimated Payment is an average of those rates.
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        Climate risks

        Neighborhood: Sellwood-Moreland

        Getting around

        58 / 100
        Somewhat Walkable
        48 / 100
        Some Transit
        95 / 100
        Biker's Paradise

        Nearby schools

        GreatSchools rating
        Schools provided by the listing agent
        • Elementary: Llewellyn
        • Middle: Sellwood
        • High: Cleveland

        Source: RMLS (OR). This data may not be complete. We recommend contacting the local school district to confirm school assignments for this home.

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