OFF MARKET
Google street view image for 12040 SE Reedway St, Portland, OR 97266
OFF MARKET
$446,219
4
bd
•
2 ba
•
1,970
sq ft

12040 SE Reedway St, Portland, OR 97266

map-entry

About this home

12040 SE Reedway St is a 1,970 square foot house on a 8,100 square foot lot with 4 bedrooms and 2 bathrooms. Based on Redfin's Portland data, we estimate the home's value is $446,219.
Single-familyProperty Type
1955Year Built
8,100 sq ftLot Size
$227Est. Price/Sq.Ft.
Source:Public Records

Redfin Estimate

$446,219
$2,000 since July

This home's estimate is 4% lower than the average sale price ($465K) of 6 comparable homes.

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Earn from this home

Sell
$418,521
Est. take-home

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Rent
$2,642/mo
Redfin rental estimate

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Market trends in Powellhurst-Gilbert, OR

Last updated July 2026

Buyer's Market

Seller's Market

Seller's market

Sale-to-List Price
100.2%

+0.5% MoM

Median sale price
$420K

$10K MoM

Avg. days on market
17d

1 days MoM

Recently sold homes
60

1 MoM

New listings for sale

Provided by Redfin

Sale history for 12040 SE Reedway St

As the MLS and public records start to fill up, we'll list the details here.

Tax history for 12040 SE Reedway St

*Taxable value of land and structures on it ("additions") is determined regularly by local assessors and does not affect market price.

Zoning

R5

Residential 5,000 zone

The single-dwelling zones are intended to preserve land for housing and to provide housing opportunities for individual households. The zones implement the comprehensive plan policies and designations for single-dwelling housing and provide options for infill housing that is compatible with the scale of the single-dwelling neighborhood.
Permitted uses

Include but are not limited to:

  • Housing-Single unit
  • Housing-Multiple units
  • Housing-Senior

Property details

Around this home

Schools

Earl Boyles Elementary School

Public PreK-5 • Assigned • 1.1mi

3/10
Ron Russell Middle School

Public 6-8 • Assigned • 1.0mi

3/10
David Douglas High School

Public 9-12 • Assigned • 2.5mi

2/10
Provided by GreatSchools

Lifestyle

Provided by Walk Score and Local Logic

Climate risks

1/10 Flood Factor

Minimal risk of a flood reaching the building in the next 30 years

1/10 Fire Factor

Unlikely to be in a wildfire in next 30 years

3/10 Heat Factor

7 days above 91° expected this year, 15 days in 30 years

1/10 Wind Factor

Minimal risk of severe winds over next 30 years

10/10 Air Factor

23 unhealthy days expected this year, 27 days in 30 years

Provided by First Street

Historical weather

Portland, OR • 97266
Average low and high temperatures (°F)
48
36
50
37
58
43
66
45
71
49
78
53
84
58
84
60
77
56
63
47
53
44
51
42
Jan
Feb
Mar
Apr
May
Jun
Jul
Aug
Sep
Oct
Nov
Dec

Sun exposure

In this area, properties receive around 9.8 hours in June and 2 hours in December, placing it below the U.S. average for solar exposure.

9.8 hrs
2 hrs
JuneDecember
Provided by Shadowmap
Estimated sale price
$424,000 – $514,000

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Nearby similar homes

NEW 2 HRS AGO
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Chao Tam • MORE Realty
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Sharon Parmenter • Opendoor Brokerage LLC
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Jim Loennig • Keller Williams PDX Central
$450,000
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Vanessa Calvert • Cascade Hasson Sotheby's International Realty
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Victoria Buck • Coldwell Banker Bain
OPEN SAT, 1PM TO 3PM3D WALKTHROUGH
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Heather Pool • John L. Scott Portland Central

New listings for sale in 97266

OPEN SAT, 11AM TO 1PM
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Christina Hamilton • RE/MAX Equity Group
NEW 11 HRS AGO
$325,000
2 beds1 bath1,438 sq ft
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Nick Rossi • Keller Williams Realty Portland Elite
OPEN SAT, 1PM TO 3PM3D WALKTHROUGH
$399,000
3 beds2 baths1,296 sq ft
3944 SE 103rd Ave, Portland, OR 97266
Heather Pool • John L. Scott Portland Central
OPEN SUN, 11AM TO 1PM
$399,900
2 beds1 bath1,299 sq ft
4333 SE 113th Ave, Portland, OR 97266
Timothy Fowler • Keller Williams Premier Partners
3D WALKTHROUGH
$450,000
3 beds2 baths1,334 sq ft
5900 SE 83rd Ave, Portland, OR 97266
Jennifer Parral • Oregon First
$359,000
2 beds1 bath720 sq ft
9006 SE Duke St, Portland, OR 97266
Robert Chown • Where, Inc
3D WALKTHROUGH
$799,000
5 beds3 baths3,646 sq ft
11225 SE Lexington St, Portland, OR 97266
Carla Mink • Think Real Estate
$275,000
3 beds4 baths1,865 sq ft
2607 SE 109th Ave, Portland, OR 97266
Ariel Sasser • Property Group NW
$484,900
4 beds2 baths— sq ft
5835 SE 84th Ave, Portland, OR 97266
Manli Chen • Pete Anderson Realty Assoc, Inc.

Home values near 12040 SE Reedway St

Data from public records.

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