REED Homes under $400,000

REED Homes under $400,000

Welcome to Reed, a charming subdivision nestled in the vibrant city of Portland, Oregon, located in Multnomah County. Known for its picturesque streets and a strong sense of community, Reed is an ideal neighborhood for those seeking a blend of suburban tranquility and urban convenience. With a rich array of amenities, including parks, shops, and restaurants, Reed offers a lifestyle that caters to both relaxation and recreation.

One of the most appealing aspects of Reed is its accessibility to affordable housing options. For homebuyers looking for properties under $400,000, this neighborhood presents a fantastic opportunity. The real estate market in Reed features a diverse selection of homes, from cozy bungalows to modern townhouses, perfect for first-time buyers, young families, or anyone looking to invest in the thriving Portland area.

Living in Reed means being close to some of Portland's best attractions, including the stunning Reed College campus, which adds a unique cultural flair to the neighborhood. Residents can enjoy the lush green spaces, such as the nearby Reed Canyon Park, perfect for leisurely strolls or weekend picnics.

With its affordable home prices and welcoming atmosphere, Reed is not just a place to live; it's a community where neighbors become friends and memories are made. Whether you're a seasoned homeowner or embarking on your first real estate journey, Reed offers a fantastic opportunity to embrace the Portland lifestyle without breaking the bank. Come discover your dream home in this delightful subdivision today!

Newest REED Homes under $400,000

5169 SE 28th AVE, Portland
$324,900
2 Beds ⋅ 2 Baths ⋅ 548784810 MLS
Welcome to polished new construction in Portland’s Reed neighborhood, where my 88 Bike Score and proximity to Reed College put parks, restaurants, neighborhood essentials and Crystal Springs Rhododendron Garden close at hand. Woodstock, Brooklyn and Westmoreland expand your options for coffee, dining, shopping and recreation while I maintain a quieter residential setting in close in SE Portland. Crafted by a local boutique builder known for elevated interior detailing, I stand apart with illuminated crown molding, architectural built ins, designer accent walls and layered lighting throughout. My open main level connects the kitchen, dining and living spaces for an easy everyday flow. In my kitchen, rich cabinetry, an intricate backsplash, floating shelves and accent lighting create a warm, polished backdrop, while the living area is anchored by a dramatic feature wall with built ins and soft ambient lighting. A guest bathroom continues the distinctive design with moody finishes and elegant tilework. Upstairs, my primary suite and spacious secondary bedroom feature soaring ceilings, oversized windows and perimeter lighting that adds another layer of architectural interest. My thoughtful bedroom separation offers flexibility for guests, shared living, work from home needs or additional privacy. Outside, my private fenced yard and patio create room for morning coffee, gardening, pets or relaxing outdoors. With refined finishes, distinctive details and a location near Reed College and some of Southeast Portland’s favorite neighborhoods, I bring character and convenience together in a brand new home. 100% financing may be available to qualified buyers; ask for details. The list price reflects buyer eligibility for the Portland Housing Bureau System Development Charge exemption program, with owner occupancy as the primary buyer requirement.

5169 SE 28th AVE, Portland
5187 SE 28th AVE, Portland
$325,000
2 Beds ⋅ 2 Baths ⋅ 319002896 MLS
Welcome to polished new construction in Portland’s Reed neighborhood, where my 88 Bike Score and close proximity to Reed College create a compelling combination of daily convenience, lifestyle appeal, and investment potential. Restaurants, parks, neighborhood essentials, and Crystal Springs Rhododendron Garden are all nearby, while Woodstock, Brooklyn, and Westmoreland expand the options for coffee, dining, shopping, and recreation. Crafted by a local boutique builder known for refined interior detailing, signature illuminated crown molding, architectural built ins, and designer accent walls, I showcase distinctive character from the moment you enter. My kitchen pairs rich cabinetry with an intricate backsplash, floating shelves, and accent lighting that creates a warm, layered atmosphere. My open concept layout connects the kitchen to the dining and living areas, where a dramatic accent wall with built ins and soft ambient lighting establishes a stylish setting for everyday living and entertaining. On my lower level, a guest bathroom carries the design forward with moody tones and elegant tilework. Upstairs, my primary suite and spacious secondary bedroom feature perimeter lighting, soaring ceilings, and oversized windows that fill the rooms with natural light. My thoughtful bedroom separation and flexible layout work equally well for an owner occupant, roommates, or an investor seeking a property near Reed College. Outside, my private fenced yard and cozy patio offer space for morning coffee, gardening, pets, or evening gatherings. My setting balances a peaceful residential feel with convenient access to the destinations that make close in SE Portland so desirable. 100% financing may be available to qualified buyers; ask for details. My list price is subject to the buyer qualifying for Portland Housing Bureau’s System Development Charge Exemption Program, an initiative designed to promote affordable housing across the City of Portland.

5187 SE 28th AVE, Portland
5179 SE 28th AVE Unit #6, Portland
$299,900
2 Beds ⋅ 2 Baths ⋅ 405166729 MLS
Welcome to polished new construction in Portland’s Reed neighborhood, where my 88 Bike Score and close proximity to Reed College create a compelling combination of daily convenience, lifestyle appeal, and investment potential. Restaurants, parks, neighborhood essentials, and Crystal Springs Rhododendron Garden are all nearby, while Woodstock, Brooklyn, and Westmoreland expand the options for coffee, dining, shopping, and recreation. Crafted by a local boutique builder known for refined interior detailing, signature illuminated crown molding, architectural built ins, and designer accent walls, I showcase distinctive character from the moment you enter. My kitchen pairs rich cabinetry with an intricate backsplash, floating shelves, and accent lighting that creates a warm, layered atmosphere. My open concept layout connects the kitchen to the dining and living areas, where a dramatic accent wall with built ins and soft ambient lighting establishes a stylish setting for everyday living and entertaining. On my lower level, a guest bathroom carries the design forward with moody tones and elegant tilework. Upstairs, my primary suite and spacious secondary bedroom feature perimeter lighting, soaring ceilings, and oversized windows that fill the rooms with natural light. My thoughtful bedroom separation and flexible layout work equally well for an owner occupant, roommates, or an investor seeking a property near Reed College. Outside, my private fenced yard and cozy patio offer space for morning coffee, gardening, pets, or evening gatherings. My setting balances a peaceful residential feel with convenient access to the destinations that make close in SE Portland so desirable. 100% financing may be available to qualified buyers; ask for details. My list price is subject to the buyer qualifying for Portland Housing Bureau’s System Development Charge Exemption Program, an initiative designed to promote affordable housing across the City of Portland.

5179 SE 28th AVE Unit #6, Portland
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