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Reed Multifamily Homes & Duplexes for Sale

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  • /46

    $855,000

    • 4 Beds
    • 3 Baths
    • 2,576 Sq Ft

    3407 SE Steele St, Portland, OR 97202

    A mid-century modern dream awaits in the heart of the Reed College area. This 1957 beauty has classic MCM features throughout, large pictures windows letting tons of natural light in, original hardwood floors and classic built-ins. This inviting residence features 4 bedrooms and 3 full bathrooms, and can be used as a duplex. The upper level boasts 3 large bedrooms and 2 full bathrooms with robust

    Aaron Heard Keller Williams PDX Central

    3407 SE Steele St, Portland, OR 97202
  • /27

    $3,899,900 New Construction

    • 10 Beds
    • 15 Baths
    • 8,706 Sq Ft

    5170 SE 28th Ave, Portland, OR 97202

    Nestled in the phenomenal Reed neighborhood with an impressive 88 BikeScore, this ten unit community is just steps from Reed College, making it the perfect choice for student housing or traditional rental housing with its sensational, multifaceted SE PDX location. With restaurants, parks, and the stunning Crystal Springs Rhododendron Garden nearby, it offers both convenience and charm. Step

    Darryl Bodle Keller Williams Realty Portland Premiere

    5170 SE 28th Ave, Portland, OR 97202

Why Live in Reed

Reed, the smallest neighborhood in Southeast Portland, is primarily known for Reed College, which occupies much of its 439 acres. The college's century-old, East Coast-style brick buildings and public-access lake with surrounding trails provide a park-like setting for residents. The neighborhood features a mix of quintessential old Portland bungalows, mid-century ranch-style homes, and newer farmhouses. Despite its proximity to Downtown Portland, less than 4 miles away, Reed maintains a residential feel with mature tree-lined streets and limited commercial activity. Local highlights include Heretic Coffee Co., Gigantic Brewing, and food carts like Breaking Buns. For more dining options, residents often venture to nearby South East Powell Boulevard and South East Woodstock Boulevard. Reed offers access to highly rated schools, including Hosford Middle and Cleveland High, known for their dual language programs. The proximity of Reed College means that residents can attend a regular calendar of campus lectures, musical performances, and athletic events. Off-campus, residents enjoy venues like the Clinton Street Theater, Aladdin Theater, and Oaks Amusement Park. Grocery shopping is convenient with Trader Joe’s, Safeway, and New Seasons Market nearby. Public transportation options include TriMet buses and a light rail station, with Portland International Airport just 11 miles away. Medical care is accessible at nearby hospitals such as Adventist Health Portland and Providence Portland Medical Center.

Home Trends in Reed, OR

Housing Trends

Median Sale Price
$655,000
Median Single Family Sale Price
$665,944
Median 2 Bedroom Sale Price
$362,450
Average Price Per Sq Ft
$344
Number of Homes for Sale
10
Last 12 months Home Sales
37
Months of Supply
3.20
Median List Price
$630,000
Median Change From 1st List Price
0%
Median Home Sale Price YoY Change
16%
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