2132 SE REEDWAY ST, Portland, OR 97202

$499,900
3
BD
2
BA
1,505
SqFt

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List Price
$499,900
Price Change
▼ $40,000 1784340645
Days on Market
30
Status
ACTIVE
MLS#
123737380
Bedrooms
3
Bathrooms
2
Living Area
1,505
Lot Size
3, 000 to 4, 999 SqFt
Region
Portland Southeast

Property 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 at https://rpt.greenbuildingregistry.com/hes/OR10196927]

Additional Information

Tax Amount
$5,142
Year Built
1927
High School
Cleveland
Elementary School
Llewellyn
Middle School
Sellwood
Fireplaces Total
1
Garage Spaces
1
Garage Type
Detached
Acres
0.11
Living Area
1,505
Stories
2
Property Type
Single Family Residence
Terms
Cash, Conventional, FHA, VA Loan
Master Bedroom Level
Main
Fireplace Description
Wood Burning
Fuel Description
Gas
Heating Description
Forced Air
Hot Water Description
Electricity, Tank
Exterior Description
Asbestos
Roof Type
Composition
Sewer Description
Public Sewer
Style
Bungalow
Parking
Driveway
Parking Description
Driveway
Road Surface
Paved
Exterior Features
Fenced, Porch
Interior Features
Hardwood Floors, Vinyl Floor, Washer/Dryer
Kitchen Appliances
Built-in Range, Dishwasher, Disposal, Free-Standing Range, Quartz, Stainless Steel Appliance(s)

Mortgage Calculator

Amount of Loan
Annual Interest Rate
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Term of Loan
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Calculator source: Real Geeks

Listing courtesy of Keller Williams PDX Central.

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