For sale

$460,000

Est. $3,086/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

$306Price/Sq.Ft.

1 car garageParking

Listed by Omar Torres • Keller Williams PDX Central

Listing updated: Sep 11, 2026 at 09:47am

Redfin checked: 2 minutes ago

•Source:RMLS #123737380

Payment calculator

$3,086 per month

Principal and interest$2,573

Property taxes

$429

HOA dues

Home insurance

$84

Utilities

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Open houses

No upcoming open houses.

Nearby open houses (10)

REDFIN OPEN TODAY, 1PM TO 3PM3D WALKTHROUGH
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2 beds1 bath1,042 sq ft
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$1,000,000
4 beds4 baths3,136 sq ft
1634 SE Spokane St, Portland, OR 97202
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REDFIN OPEN TODAY, 1PM TO 3PM3D WALKTHROUGH
$625,000
3 beds2 baths1,895 sq ft
1521 SE Clinton St Unit A&B, Portland, OR 97202
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REDFIN OPEN TODAY, 1PM TO 3PM3D WALKTHROUGH
$650,000
3 beds3 baths2,394 sq ft
12550 SW Moorhen Way, Beaverton, OR 97007
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REDFIN OPEN TODAY, 2PM TO 4PM3D WALKTHROUGH
$590,000
3 beds3 baths2,286 sq ft
3611 SW Condor Ave, Portland, OR 97239
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REDFIN OPEN TODAY, 3:30PM TO 5:30PM3D WALKTHROUGH
$350,000
2 beds1 bath768 sq ft
8233 NE Going Pl, Portland, OR 97220
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REDFIN OPEN SUN, 11AM TO 1PM3D WALKTHROUGH
$450,000
2 beds1 bath1,266 sq ft
7568 N Gilbert Ave, Portland, OR 97203
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REDFIN OPEN SUN, 12:30PM TO 2:30PM3D WALKTHROUGH
$620,000
4 beds2 baths1,944 sq ft
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REDFIN OPEN SUN, 1PM TO 3PM3D & VIDEO TOUR
$995,000
5 beds2 baths2,204 sq ft
2212 SE Tamarack Ave, Portland, OR 97214
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REDFIN OPEN SUN, 1PM TO 3PM3D WALKTHROUGH
$419,900
3 beds3 baths1,535 sq ft
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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 · $460,000

Strong offer

$460K and above

75% chance or better to win

Why $460K+ is a strong offer

DAYS ON MARKET

The average home goes pending in 25 days.

SALE-TO-LIST

Most homes are selling 0% below 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 on the main level
Second bedroom on the main level
Third bedroom on the lower level

Bathrooms
Two full bathrooms (one on main level, one on lower level)

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

Laundry & utility
Washer/dryer included
Electric tank hot water

Flooring
Hardwood
Vinyl

Heating & cooling
Forced air heating
No central air listed

Sale and tax history for 2132 SE Reedway St

Sale History
Tax History

Date

Event

Price

RMLS #123737380

Sep 11, 2026

Relisted

—

Sep 2, 2026

Pending

—

Aug 29, 2026

Price Changed

$460,000

$306/sq ft

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 Oct 5, 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

This home receives average direct sun exposure in Portland. 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 $605,700.

Nearby comparable homes

The Redfin Estimate uses 6 recent nearby sales, priced between $450K to $606K.

SOLD APR 20, 2026
$549,000 Last sold price
3 beds4 baths1,453 sq ft
1603 SE Glenwood St, Portland, OR 97202
$72/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
$3/sq ft
2 years older
SOLD JUN 10, 2026
$493,000 Last sold price
2 beds2 baths1,560 sq ft
2026 SE Insley St, Portland, OR 97202
$10/sq ft
12 years older
SOLD SEP 25, 2026
$550,000 Last sold price
3 beds3 baths1,529 sq ft
1612 SE Claybourne St, Portland, OR 97202
$54/sq ft
smaller lot
90 years newer
SOLD MAY 22, 2026
$605,700 Last sold price
3 beds1 bath2,332 sq ft
6108 SE Milwaukie Ave, Portland, OR 97202
$46/sq ft
2 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
$17/sq ft
21 years older

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Early Access listings

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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

Affordability tools

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

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