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About this home
A Rare Two In One Opportunity in Mount Scott-Arleta! This unique property offers a magical opportunity to create a family compound, shared living experience, or income-producing investment. Featuring a charming former general store thoughtfully converted into a residence with a newer roof, mini-split system, flooring, exterior paint, and full kitchen remodel, along with a 2021 detached 2 bedroom, 1.5 bath home, this property offers two distinct living spaces with endless possibilities for multigenerational living, hosting family and friends, or generating rental income. Even better, both residences have been legally converted into separate condominiums, offering the flexibility to sell either residence independently, now or in the future. Bring your vision, take a closer look, and run the numbers. You’ll quickly see the incredible potential and value this property offers. Conveniently located approximately 1.6 miles from Reed College and just 1 mile from the vibrant Woodstock commercial district, you’ll enjoy easy access to neighborhood shops, restaurants, and local amenities. Two residences with truly exciting possibilities. A rare opportunity to create something special in Southeast Portland.
Single-familyProperty Type
1914Year Built
4,791 sq ftLot Size
$222Price/Sq.Ft.
Listed by Maddie Landers• John L. Scott Portland Central
Listed by Doug Landers• John L. Scott Portland Central
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Around this home
Schools
K - 12
Preschool & daycare
Arleta Elementary School
Public K-5 • Assigned • 0.3mi
9/10
Kellogg Middle School
Public 6-8 • Assigned • 1.2mi
5/10
Franklin High School
Public 9-12 • Assigned • 1.5mi
6/10
Provided by GreatSchools
About Mount
Scott-Arleta
Mount Scott-Arleta, located between SE Foster Rd and SE Woodstock Blvd, is a residential and commercial Portland neighborhood with a walkable main street feel and pocket parks. The neighborhood’s character concentrates around the SE Foster Rd corridor near SE 72nd Ave, where taquerias, bottle shops, music rooms, and late-night bites line the sidewalks. Early-20th-century bungalows and cottages mix with small apartment courts and newer infill along busier streets. Mt. Scott Park’s open lawns and paths set a green backdrop for daily routines. Community pillars include the historic Mt. Scott Community Center, the Foster Outdoor Public Market, and the Foster-Powell neighborhood library. The terrain rises toward Mt. Scott, giving many blocks a quiet, tucked-away cadence despite the steady Foster Road energy.
Provided by Walk Score and Local Logic
Market insights
6504 SE Reedway Unit A & B · $875,000
DAYS ON MARKET
1 days
The average home goes pending in 118 days.
SALE-TO-LIST
97.0%
Most homes are selling 3% below list price.
LIST PRICE
$875,000
Median sale price in this area is $299,727. (66% lower than this home)
PRICE DROP
0 price drops
30% of homes in this area have had a price drop in the past month.
Property details
Interior
Exterior
Finance
Kitchen
Bathroom
Bedroom
Living
Dining
Interior features
High ceilings
Vaulted ceilings
Caregiver quarters
Partial unfinished basement
Vinyl and wood window frames
Updated and remodeled
Bedrooms
Three bedrooms, including a primary bedroom on the main level and two bedrooms upstairs
Bathrooms
Four bathrooms: three full and one half; one full and one half on the main level, and two full upstairs
Kitchen
Built-in range
Dishwasher
Free-standing refrigerator
Laundry & utility
Laundry on the main level
Flooring
Wall-to-wall carpet
Heating & cooling
Mini-split heating and cooling
Exterior features
Second residence
Tool shed
Yard
Corner lot
Level terrain
Public road access
Home design
Single-family residence
Parking
On-street parking
Construction
Built in 1914
Wood siding
Composition roof
Concrete perimeter foundation
Utilities
Electricity and gas
Public water
Public sewer
HOA & community
Condominium association with insurance and management
Electricity and solar
View estimated energy costs and solar savings for this home
Sale and tax history for 6504 SE Reedway Unit A & B
Sale History
Tax History
Date
Event
Price
RMLS #750295792
Nov 5, 2026
Listed
$875,000
$222/sq ft
As the MLS and public records start to fill up, we'll list the details here.
Public record
Public record
Zoning
Beds
—
Baths
—
Stories
—
Lot width
80 ft.
Lot depth
120 ft.
Lot size
—
Year renovated
2022
Finished Sq. Ft.
—
Unfinished Sq. Ft.
—
Total Sq. Ft.
—
Year built
2022
Style
Condo/Co-op
County
Multnomah County
APN
R737215
Parking Spaces
—
Basement
—
Accessible
—
HOA Dues
—
Garage
—
Features
—
Last updated by owner on Oct 30, 2026.
R2.5
Residential 2,500 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
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, 15 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 • 97206
Average low and high temperatures (°F)
48
36
50
37
58
43
65
44
71
49
78
54
84
58
85
61
78
56
62
46
53
43
50
41
Jan
Feb
Mar
Apr
May
Jun
Jul
Aug
Sep
Oct
Nov
Dec
Sun exposure
95/ 100
Exceptional sunlight
Sunscore
This home ranks in the top 2% for direct sun exposure in Portland. There appears to be minimal shading by surrounding buildings, terrain, and vegetation.
9.8 hrs
5.2 hrs
JuneDecember
Provided by Shadowmap
Redfin Estimate for 6504 SE Reedway Unit A & B
We cannot show automated home-value estimates for this home.
Nearby homes have recently sold between $540,000 and $680,000.
Nearby comparable homes
The Redfin Estimate uses 6 recent nearby sales, priced between $540K to $680K.