Beautifully Restored 1926 Two Story with Full Basement. Two Bedrooms on Main with Full Bath. Bath has New Flooring and New Bath Insert. Kitchen has New Appliances and Kitchen Nook. Covered Breezeway to Separate Entry off Kitchen. Refinished, Cherry Hardwood Floors, New Paint Throughout with New Carpet. Built-ins & New Blinds. Two Bedrooms Upstairs. Laundry in Basement. Basement Finished with Sealed Flooring. Bedroom and Large Bonus Area are Non-conforming. Separate Entrance in Basement. Extra Long Driveway. Fully Fenced. New Gutters and Stairs on Porch. Some Updated Electrical. Major Potential. Long Time Same Owners. Stairs are Steep, Please Watch Your Head. Investment Opportunity? [Home Energy Score = 1. HES Report at https://rpt.greenbuildingregistry.com/hes/OR10225434]
Single-familyProperty Type
1926Year Built
5,227 sq ftLot Size
$250Est. Price/Sq.Ft.
1 car garageParking
Listed by Amber Deuchar• Keller Williams Realty Portland Elite
Potential for four bedrooms. Single pane windows. One bathroom.
2 years ago• May not reflect the current state of the home
Joe Donaldson
Redfin Associate agent
Sale history for 8048 SE Reedway St
Date
Event
Price
RMLS #24508081
May 29, 2024
Sold
$382,000
$217/sq ft
May 18, 2024
Pending
—
May 8, 2024
Delisted
—
Apr 29, 2024
Pending
—
Apr 6, 2024
Price Changed
$399,000
$227/sq ft
Feb 29, 2024
Listed
$415,000
$236/sq ft
Year
Property tax
Land + Additions
Assessment*
2025
$4,567 (+12.7%)
2024
$4,053 (+4.0%)
2023
$3,898 (+2.2%)
2022
$3,813 (+1.7%)
2021
$3,749 (+9.0%)
2020
$3,439 (+3.8%)
2019
$3,313 (+3.0%)
2018
$3,216 (+4.3%)
2017
$3,082 (+9.3%)
2016
$2,820 (+2.7%)
2015
$2,746 (+1.5%)
2014
$2,705 (+2.4%)
2013
$2,643 (+10.5%)
2012
$2,391 (+3.9%)
2011
$2,301 (+5.4%)
2010
$2,183 (+2.7%)
2009
$2,126
Tax history for 8048 SE Reedway St
Year
Property tax
Land + Additions
Assessment*
2025
$4,567 (+12.7%)
2024
$4,053 (+4.0%)
2023
$3,898 (+2.2%)
2022
$3,813 (+1.7%)
2021
$3,749 (+9.0%)
2020
$3,439 (+3.8%)
2019
$3,313 (+3.0%)
2018
$3,216 (+4.3%)
2017
$3,082 (+9.3%)
2016
$2,820 (+2.7%)
2015
$2,746 (+1.5%)
2014
$2,705 (+2.4%)
2013
$2,643 (+10.5%)
2012
$2,391 (+3.9%)
2011
$2,301 (+5.4%)
2010
$2,183 (+2.7%)
2009
$2,126
*Taxable value of land and structures on it ("additions") is determined regularly by local assessors and does not affect market price.
Public record
Public record
Zoning
Beds
3
Baths
1
Stories
1
Lot width
—
Lot depth
—
Lot size
5,000 Sq. Ft.
Year renovated
1926
Sq. Ft.
1,155
Year built
1926
Style
Single Family Residential
County
Multnomah County
APN
R200039
Parking Spaces
—
Basement
—
Accessible
—
HOA Dues
—
Garage
—
Features
—
Last updated by owner on Jul 15, 2026.
RM2
Residential Multi-Dwelling 2 zone
The RM2 zone is a medium-scale multi-dwelling zone that is generally applied in and around a variety of centers and corridors that are well-served by transit. Allowed housing is characterized by buildings of up to three or four stories with a higher percentage of building coverage than in the RM1 zone, while still providing opportunities for landscaping and outdoor spaces that integrate with residential neighborhood characteristics. The major types of new housing development will be a diverse range of multi-dwelling structures and other compact housing that contribute to the intended urban scale of centers and corridors, while providing transitions in scale and characteristics to lower-scale residential neighborhoods.