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Home + Sea Realty
7 Beds3.5 Baths4,646 sqft

6504 SE Reedway #A & #B, Portland

$875,000

ActiveMLS®: 750295792Listing held by another brokerage, marked RMLS
Price per sqft
$188.33
Built in
1914
Property size
4,646 sqft
Lot size
4,792 sqft
Property type
Residential
Days on market
5

Overview

Open House Saturday 11/7 from 11-1! 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. Like what you see? See MLS #240374748 for 6504 SE Reedway #A.

Details

Interior

Interior features
High Ceilings, Laundry, Vaulted Ceiling, Wall to Wall Carpet
Appliances
Built-in Range, Dishwasher, Free Standing Refrigerator
Cooling
Yes
Cooling description
Mini Split
Heating
Yes
Heating description
Mini Split
Windows
Vinyl Frames, Wood Frames

Exterior and lot

Lot size
4,792 sqft
Exterior features
Second Residence, Tool Shed, Yard
Lot features
Corner Lot, Level, Public Road
Architectural style
Two Stories
Roof
Composition
View
No

Utilities

Sewer
Public Sewer
Water source
Public Water

Parking

Garage spaces
0
Parking
On Street
Total parking
0

Schools

High school
Franklin
Middle school
Kellogg
Elementary school
Arleta

Location

City
Portland
County
Multnomah

Taxes and dues

Annual taxes
$7,409

Location

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

Map showing the location of 6504 SE Reedway #A & #B, Portland, OR 97206
© Mapbox © OpenStreetMap

Monthly payment estimate

$5,275 /mo

20% · $175,000
7.00%
Principal and interest
$4,657
Property tax
$617
Total
$5,275

Estimate only, and not an offer of credit. Assumes 20% down ($175,000) and a 30-year fixed rate at 7.00%. Property tax is the assessed annual amount from the listing, divided by twelve. Rates change daily. Insurance and mortgage insurance are not included. Speak to a lender for terms that apply to you.

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To: Kat Wyzevich

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