For sale

$499,900

Est. $3,114/mo —

•

1,505

sq ft

2132 SE Reedway St, Portland, OR 97202

About this home

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]

Single-familyProperty Type

1927Year Built

4,791 sq ftLot Size

$332Price/Sq.Ft.

1 car garageParking

Listed by Omar Torres • Keller Williams PDX Central

Listing updated: Jul 17, 2026 at 02:08pm

Redfin checked: a minute ago

•Source:RMLS #123737380

Payment calculator

$3,114 per month

Principal and interest$2,594

Property taxes

$429

HOA dues

Home insurance

$92

Utilities

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Open houses

No upcoming open houses.

Nearby open houses (10)

OPEN FRI, 3:30PM TO 5:30PM
$385,000
3 beds2 baths1,741 sq ft
616 SE 175th Pl, Portland, OR 97233
Amy Rhew • Real Broker
OPEN FRI, 4PM TO 6PM
$449,000
3 beds3 baths1,779 sq ft
13162 SW Raptor Pl, Tigard, OR 97223
Sarah Malarkey • NextHome Realty Connection
REDFIN OPEN SAT, 11AM TO 1PM3D WALKTHROUGH
$495,000
3 beds2 baths1,094 sq ft
15125 SW Barcelona Way, Beaverton, OR 97007
Redfin
REDFIN OPEN SAT, 11AM TO 1PM3D WALKTHROUGH
$375,000
2 beds2 baths1,398 sq ft
10217 NW Alder Grove Ln, Portland, OR 97229
Redfin
REDFIN OPEN SAT, 12PM TO 2PM3D WALKTHROUGH
$144,000
3 beds2 baths1,296 sq ft
7455 SE King Rd #58, Portland, OR 97222
Redfin
OPEN SAT, 12PM TO 2PM
$675,000
3 beds2 baths1,432 sq ft
2124 N Humboldt St, Portland, OR 97217
Rushie Ellenwood • Neighborhood Works
OPEN SAT, 1PM TO 3PM
$998,000
4 beds4 baths4,520 sq ft
15137 SE Saint Andrews Ct, Happy Valley, OR 97086
Krystal Rollins • Nova Realty NW, LLC
REDFIN OPEN SAT, 2PM TO 4PM3D WALKTHROUGH
$375,000
3 beds3 baths1,599 sq ft
8555 N Kellogg St Unit 1-2, Portland, OR 97203
Redfin
OPEN SUN, 10AM TO 12PM
$199,000
1 bed1 bath550 sq ft
84 Galen St, Lake Oswego, OR 97035
Yi Liu • Kozy Real Estate Group
REDFIN OPEN SUN, 1PM TO 3PM3D WALKTHROUGH
$575,000
3 beds1 bath1,837 sq ft
2915 NE 56th Ave, Portland, OR 97213
Redfin

Around this home

Schools

K - 12
Preschool & daycare

Llewellyn Elementary School

Public K-5 • Assigned • 0.5mi

10/10

Sellwood Middle School

Public 6-8 • Assigned • 1.3mi

8/10

Cleveland High School

Public 9-12 • Assigned • 1.2mi

7/10

Provided by GreatSchools

About

Westmoreland

Westmoreland, located between Sellwood-Moreland and Eastmoreland, is a residential and walkable Portland neighborhood with a leafy street grid and a village-style commercial strip. The neighborhood’s character concentrates around SE 17th Avenue and SE Bybee Boulevard, where corner cafes, a classic movie house marquee, and small storefronts set a low-key rhythm. Reed College’s wooded campus edges the area with trails and quiet greenspace. Westmoreland Park and the Crystal Springs Rhododendron Garden shape daily routes with ponds, paths, and seasonal color. Early-20th-century bungalows and Tudors line calm blocks, while SE Milwaukie Avenue carries bikes and buses toward downtown.

Provided by Walk Score and Local Logic

Offer insights

2132 SE Reedway St · $499,900

Strong offer

$500K and above

75% chance or better to win

Why $500K+ is a strong offer

DAYS ON MARKET

The average home goes pending in 15 days.

SALE-TO-LIST

Most homes are selling 1% above list price.

About offer insights

Property details

Interior
Exterior
Finance

Kitchen

Bathroom

Bedroom

Living

Interior features
Hardwood floors
Vinyl flooring
Finished full basement
Double-pane windows
Wood-burning fireplace (1)

Bedrooms
Primary bedroom (main level)
Second bedroom (main level)
Third bedroom (lower level)

Bathrooms
Two full bathrooms — one on the main level and one on the lower level

Kitchen
Built-in range
Free-standing range
Dishwasher
Disposal
Quartz countertops
Stainless steel appliances

Laundry & utility
Washer and dryer
Electric tank water heater

Flooring
Hardwood
Vinyl

Heating & cooling
Forced air heating
No central air

Sale and tax history for 2132 SE Reedway St

Sale History
Tax History

Date

Event

Price

RMLS #123737380

Jul 17, 2026

Price Changed

$499,900

$332/sq ft

Jun 30, 2026

Listing Removed

—

Jun 29, 2026

Listed

$539,900

$359/sq ft

TURBOTENANT #1

Sep 20, 2023

Rental Removed

$2,500

$2/sq ft

Aug 20, 2023

Listed for Rent

$2,500

$2/sq ft

RMLS #21072706

Jan 31, 2022

Sold

$450,000

$299/sq ft

Dec 15, 2021

Pending

—

Dec 10, 2021

Listed

$425,000

$282/sq ft

Charming bungalow with lots of character on a corner lot. Newer roof and exterior paint. Fireplace with original built-ins and hardwood floors. Third bedroom in basement is nonconforming. Yard has great potential for garden and outdoor living. In a great neighborhood, not far from popular restaurant/shopping area and minutes to Sellwood. This home is an incredible first time buyer opportunity. [Home Energy Score = 4. HES Report at https://rpt.greenbuildingregistry.com/hes/OR10196927]

Public Records

Apr 12, 1993

Sold

$69,000

$46/sq ft

Public Records

Sep 1, 1989

Sold

$39,800

$26/sq ft

Public record

Public record
Zoning
Permits

Beds

Baths

Stories

Lot width

—

Lot depth

—

Lot size

4,900 Sq. Ft.

Year renovated

1927

Finished Sq. Ft.

780

Unfinished Sq. Ft.

—

Total Sq. Ft.

780

Year built

1927

Style

Single Family Residential

County

Multnomah County

APN

R304470

Parking Spaces

—

Basement

—

Accessible

—

HOA Dues

—

Garage

—

Features

—

Last updated by owner on Jul 15, 2026.

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

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 92° expected this year, 14 days in 30 years

1/10 Wind Factor

Minimal risk of severe winds over next 30 years

10/10 Air Factor

19 unhealthy days expected this year, 21 days in 30 years

Provided by First Street

Historical weather

Portland, OR • 97202

Average low and high temperatures (°F)

Jan

Feb

Mar

Apr

May

Jun

Jul

Aug

Sep

Oct

Nov

Dec

Sun exposure

81/ 100

Very good sunlight

Sunscore

There appears to be minimal shading by surrounding buildings, terrain, and vegetation.

8.7 hrs

3.7 hrs

JuneDecember

Provided by Shadowmap

Redfin Estimate for 2132 SE Reedway St

We cannot show automated home-value estimates for this home.

Nearby homes have recently sold between $450,000 and $651,000.

Nearby comparable homes

The Redfin Estimate uses 6 recent nearby sales, priced between $450K to $651K.

SOLD APR 20, 2026
$549,000 Last sold price
3 beds4 baths1,453 sq ft
1603 SE Glenwood St, Portland, OR 97202
$46/sq ft
smaller lot
90 years newer
SOLD JUN 12, 2026
$450,000 Last sold price
3 beds2 baths1,484 sq ft
2122 SE Ellis St, Portland, OR 97202
$29/sq ft
2 years older
SOLD NOV 25, 2025
$590,000 Last sold price
3 beds2 baths1,943 sq ft
5811 SE 23rd Ave, Portland, OR 97202
$28/sq ft
15 years newer
SOLD JUN 10, 2026
$493,000 Last sold price
2 beds2 baths1,560 sq ft
2026 SE Insley St, Portland, OR 97202
$16/sq ft
12 years older
SOLD BY REDFIN JUN 22, 2026
$475,000 Last sold price
2 beds1 bath1,646 sq ft
1831 SE Insley St, Portland, OR 97202
$43/sq ft
21 years older
SOLD BY REDFIN JUN 29, 2026
$651,000 Last sold price
4 beds2 baths2,248 sq ft
4515 SE 30th Ave, Portland, OR 97202
$42/sq ft
27 years newer

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Early Access listings

EARLY ACCESSREDFIN COMING SOON

$695,000

3 beds3 baths1,837 sq ft

2747 NW Raleigh St #2, Portland, OR 97210

EARLY ACCESSREDFIN COMING SOON

$825,000

3 beds2.5 baths2,100 sq ft

5330 SW River Rd, Hillsboro, OR 97123

EARLY ACCESSREDFIN COMING SOON

$675,000

3 beds2.5 baths2,394 sq ft

12550 SW Moorhen Way, Beaverton, OR 97007

Nearby similar homes

$699,000

Studio1 bath1 sq ft

6901 SE Oaks Park Way #26, Portland, OR 97202

Jett Even • SimpliHOM

$1,800,000

4 beds4 baths4,217 sq ft

3328 SE Crystal Springs Blvd, Portland, OR 97202

Michael Jacobson • Windermere Realty Trust

$499,000

2 beds2 baths1,022 sq ft

7720 S Macadam Ave, Portland, OR 97219

Kendall Bergstrom-Delancellotti • Cascade Hasson Sotheby's International Realty

3D WALKTHROUGH

$679,900

3 beds3 baths1,954 sq ft

4201 SE Harold St, Portland, OR 97206

Shay Ernisse • Keller Williams PDX Central

$749,900

4 beds4 baths2,518 sq ft

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Kenny Yoder • Home Team Realty, LLC.

VIDEO TOUR

$599,900

Land— sq ft

5205 SE 18th Ave, Portland, OR 97202

Darryl Bodle • Keller Williams Realty Portland Premiere

New listings for sale in 97202

FOR SALE BY OWNER

$615,000

3 beds2 baths1,490 sq ft

2811 SE Cesar E Chavez Blvd, Portland, OR 97202

VIDEO TOUR

$975,000

4 beds4 baths2,942 sq ft

2130 SE Lambert St, Portland, OR 97202

Linda Skeele • Windermere Realty Trust

$850,000

7 beds4 baths3,306 sq ft

2910 SE Gladstone St, Portland, OR 97202

Benjamin Ficker • Rarebird Real Estate

3D WALKTHROUGH

$415,000

2 beds3 baths1,075 sq ft

7520 SE Milwaukie Ave #201, Portland, OR 97202

Erin Bergstrom • Windermere Realty Trust

$539,900

3 beds1 bath1,579 sq ft

7754 SE Milwaukie Ave, Portland, OR 97202

Peggy Williams • eXp Realty, LLC

$759,000

4 beds2 baths2,304 sq ft

3704 SE Raymond St, Portland, OR 97202

Cynthia Fneish • Weichert, Realtors on Main Street

3D WALKTHROUGH

$550,000

3 beds3 baths1,529 sq ft

1612 SE Claybourne St, Portland, OR 97202

Daniel Fagan • Windermere Realty Trust

$529,900

3 beds2 baths1,244 sq ft

2617 SE Cesar E Chavez Blvd, Portland, OR 97202

Valerie Hunter • H & H Preferred Real Estate

$419,000

3 beds1 bath1,856 sq ft

2803 SE Clinton St, Portland, OR 97202

Wayne Sanman • RE/MAX Equity Group

Details provided by RMLS and may not match the public record. Learn more.

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GreatSchools Ratings provided by GreatSchools.org.

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About this home

Payment calculator

See this home in person

Nearby open houses (10)

Around this home

Schools

Offer insights

Property details

Sale and tax history for 2132 SE Reedway St

Public record

Climate risks

Historical weather

Sun exposure

Redfin Estimate for 2132 SE Reedway St

Early Access listings

Nearby similar homes

New listings for sale in 97202

More real estate resources