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

$875,000
7
BD
3
BA
3,939
SqFt

Show Photos

Verify your account to unlock exclusive photos, mortgage tools, and more.

List Price
$875,000
Days on Market
1
Status
ACTIVE
MLS#
750295792
Rent
2375
Bedrooms
7
Bathrooms
3
Partial Bathrooms
1
Living Area
3,939
Lot Size
3, 000 to 4, 999 SqFt
Region
Portland Southeast

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.

Additional Information

Tax Amount
$7,408
Year Built
1914
High School
Franklin
Elementary School
Arleta
Middle School
Kellogg
Acres
0.11
Living Area
3,939
Stories
2
Property Type
Single Family Residence
Terms
Cash, Conventional, FHA, VA Loan
Accessibility Features
Caregiver Quarters, Main Floor Bedroom w/Bath, Utility Room On Main
Master Bedroom Level
Main
Cooling Description
Mini Split
Fuel Description
Electricity, Gas
Heating Description
Mini Split
Hot Water Description
Gas
Exterior Description
Wood Siding
Roof Type
Composition
Sewer Description
Public Sewer
Style
2 Story
Parking
On Street
Security Or Entry
None
Parking Description
On Street
Covenants/Restrictions
Yes
Road Surface
Paved
Exterior Features
Second Residence, Tool Shed, Yard
Interior Features
High Ceilings, Laundry, Vaulted Ceiling(s), Wall to Wall Carpet
Kitchen Appliances
Built-in Range, Dishwasher, Free-Standing Refrigerator

How much is your home worth?

...get instant property value now!

Mortgage Calculator

Amount of Loan
Annual Interest Rate
%
Term of Loan
Years

Does not include any taxes or fees.
Please consult a financial professional.
Calculator source: Real Geeks

Listing courtesy of John L. Scott Portland Central.

The content relating to real estate for sale on this site comes in part from the IDX program of the RMLS of Portland, Oregon. Real Estate listings held by brokerage firms other than this firm are marked with the RMLS logo, and detailed information about these properties include the name of the listing's broker. Listing content is copyright © 2026 RMLS of Portland, Oregon. All information provided is deemed reliable but is not guaranteed and should be independently verified. This content last updated on . Some properties which appear for sale on this web site may subsequently have sold or may no longer be available.