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$595,000   Price Analysis
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6504 SE Reedway St
Portland, OR 97206
7 bed 4 bath unknown SqFt ($0/SqFt)
4,791SqFt lot. Built 1914
Listed 2024-06-28, Taxes $6,560
Ⓧ Possibly USDA Ineligible
due to property condition

near Arleta

Own a corner lot with two houses!

* Sale Pending *

Rent both or live in one and hav e a rental income. So many options--Put some sweat-equity into the main house and live in the newly built detached ADU. Would make a tremendous investment property as well. Main house is a fixer upper with 5 bedrooms and two baths. Large lodge-like living room, kitchen and 3 bedrooms on main floor, two bedrooms upstairs with a generous family room.

Nwer windows throughout. Detached ADU faces 65th Ave. Open floor plan has a full lux kitchen with island, large storage closet and powder room. Two bedrooms upstairs and full bath with washer and dryer . Each floor has a mini split, bedrooms have Envi heaters. Private backyard has generous storage shed. ADU fully permitted and built by Arthur Donaghey Construction. Also listed as Residential MLS 24069897. [Home Energy Score = 1. HES Report at


Presented by Michelle Maida at
John L. Scott Portland Northeast.
Listing Agent Photo

Property MLS #24515558 from RMLS

Bedrooms: 7

Cooling Features: WallUnit
Heating Features: MiniSplit, Zoned
Heating Fuel: Electricity, Gas
Heating: Yes
Water Heaters: Electricity, Gas

Full Bathrooms: 4

Storage: Basement, Locked

Basement Description: CrawlSpace, PartiallyFinished, Unfinished

Lot Description: Level
Lot Size Acres: 0.1099862
Lot Size Square Feet: 4791

Road Surface Type: Paved

Parking Features: OnStreet

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

Arleta Elementary School is a public elementary school located approximately 0.3 miles away.
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Franklin High School is a public high school located approximately 1.5 miles away.
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Sunstone Montessori School is a private elementary school located approximately 0.6 miles away.
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Lane Middle School is a public middle school located approximately 0.7 miles away.
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Gross Income: 68400
Rent Includes: TrashCollection

Number of Units: 2
Unit Type: UnitTypeType1, UnitTypeType2
Bedrooms in Unit-1: 5
Bedrooms in Unit-2: 2
Total Bathrooms in Unit-1: 2
Total Bathrooms in Unit-2: 2

Calculated Total Monthly Association Fees: 0

LotSizeRange: SqFt3000to4999
Annual Tax Amount: 6705.770000000
Source Listing Status: Pending
County: Multnomah
Directions: Se Reedway & SE 65
Source Property Type: MultiFamily
Source Neighborhood: MT SCOTT/ARLETA
Parcel Number: R290297
Subdivision: MT SCOTT/ARLETA
Zoning: 2.5
Source System Name: C2C

YearAssessments
Building + Land
Total
Tax
2022$unknown + $unknown
$245,690
$6,560
2021$unknown + $unknown
$157,790
$4,266
2020$unknown + $unknown
$216,390
$5,528
2019$unknown + $unknown
$210,090
$5,324
2018$unknown + $unknown
$203,980
$5,168
2017$unknown + $unknown
$198,040
$4,953
2016$unknown + $unknown
$192,280
$4,533
2015$unknown + $unknown
$186,680
$4,414
2014$unknown + $unknown
$181,250
$4,348
2013$unknown + $unknown
$175,980
$4,247
2012$unknown + $unknown
$170,860
$3,842
2011$unknown + $unknown
$165,890
$3,697
2010$unknown + $unknown
$161,060
$3,508
2009$unknown + $unknown
$156,370
$3,416
2008$unknown + $unknown
$151,820
$3,223
2007$unknown + $unknown
$147,400
$3,214

Listed 2024-06-28
$595,000
RMLS
Listed 2024-06-28
$595,000
RMLS
Listing removed 2022-12-06
$699,000
RMLS
Listing removed 2022-12-06
$699,000
RMLS
Listing removed 2020-04-30
$215,000
RMLS
Sold 2020-02-04
$496,500
RMLS
Listed 2020-01-10
$430,000
RMLS

Operating Expense: 18735

Year Built: 1914
Building Exterior Type: CementSiding, WoodSiding
Property Age: 110
Property Condition: Fixer
Roof: Composition
Levels or Stories: 2

Sewer: PublicSewer
Water Source: PublicWater
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The property loan eligibility may be subject to additional requirements beyond geographical location including but not limited to the condition of the property. Speak with a real estate professional to find out more about the eligibility of a specific property.