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6504 SE Reedway, Unit #A & #B, Portland, OR 97206

$875,000

28 Photos

Property Description

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.

6504 SE Reedway, Unit #A & #B | MLS# 750295792

This single family home located at 6504 SE Reedway, Unit #A & #B, Portland, OR 97206 is currently listed for sale with an asking price of $875,000. This property was built in 1914 and has 7 bedrooms and 3 full and 1 partial baths with 3939 sq. ft. Search Portland real estate on www.bendpremierrealestate.com today.

Property Features

Property Type: Residential - Single Family
Basement: Yes
Basement: Partial Basement, Unfinished
Cooling: MiniSplit
Fuel Type: Electricity, Gas
Heating: Mini Split
Home Style: 2 Story
Lot Size: 0.11 Acres
Roof Type: Composition
Stories: 2.0
Taxes: $7,409
Year Built: 1914
Square Feet: 3,939

Feature Descriptions

Accessibility: Caregiver Quarters, Main Floor Bedroom w-Bath, Utility Room On Main
Bathroom: 1.1 (Main), 2.0 (Upper)
Exterior: Wood Siding
Exterior: Second Residence, Tool Shed, Yard
Hot Water: Gas
Interior: High Ceilings, Laundry, Vaulted Ceiling(s), Wall to Wall Carpet
Kitchen: Built-in Range, Dishwasher, Free-Standing Refrigerator
Lot: Corner Lot, Level, Public Road
Parking Notes: OnStreet
Rental Amount: $2375.00
Sewer: Public Sewer
Square Footage: 790 (Lower), 2065 (Main), 1791 (Upper)
Water: Public Water

Local Schools

High School: Franklin
Middle School: Kellogg
Elementary School: Arleta

Listed By / Shown By

Listed By

Agency Name: John L. Scott Portland Central
Agency Contact: portlandcentral@johnlscott.com

Shown By

Agency Title: Bend Premier Real Estate
Agency Phone: 541-323-2779

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Estimated Payment

$ 5,297.10 per month $4,424.48 Principal & Interest $617.42 Property Tax $255.21 Homeowner's Insurance

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