3407 Se Steele St

Portland, OR
$ 699,000 Beds 4 Baths 3 Sq 2,576
Monthly Estimate* How much can I afford?

Welcome to this stunning 1957 Mid-Century Modern home offering 2,567 square feet of timeless design and flexible living space in the heart of Southeast Portland in the Reed College neighborhood. Featuring 4 bedrooms and 3 full bathrooms, this architectural classic blends iconic mid-century character with modern functionality.Enjoy easy main-floor living with spacious gathering areas, comfortable bedrooms, and abundant natural light streaming through expansive windows. Clean lines, classic mid-century details, and a thoughtfully designed layout create an inviting atmosphere that feels both stylish and livable.The versatile floor plan offers exceptional flexibility, including a fully finished lower level with a separate entrance that functions beautifully as a private mother-in-law suite. This space has successfully operated as an Airbnb, generating an average of approximately $2,000 per month in rental income, providing a unique opportunity for supplemental income, multigenerational living, or extended guest accommodations.Ideally located near Reed College, Woodstock parks, shopping, dining, neighborhood amenities and public transportation, this home combines architectural character, everyday convenience, and income-producing potential.Whether you're searching for a distinctive Mid-Century Modern home, easy one-level living, a multigenerational setup, or a property with proven rental income, this exceptional South East Portland residence delivers it all. [Home Energy Score = 2. HES Report at https://rpt.greenbuildingregistry.com/hes/OR10241227]

Active

  • Price
  • $ 699,000
  • City
  • Portland
  • Bedrooms
  • 4
  • Full Bathrooms
  • 3
  • County
  • MULTNOMAH
  • Half Bathrooms
  • 0
  • Area
  • 143
  • Lot Size
  • 0.15 Acres
  • Zip
  • 97202
  • Sqr Footage
  • 2,576
  • Year Built
  • 1957
  • Taxes
  • $ 8365
  • Style
  • DaylightRanch,MidCenturyModern
  • MLS#
  • 601213519
Listed By: Keller Williams PDX Central -
Data Source: Regional Multiple Listing Service (RMLSOR)

Features

General

Sewer PublicSewer
Heating ForcedAir90
Cooling AirConditioningReady
Roof Composition,Shingle
Appliances Dishwasher,FreeStandingRange,FreeStandingRefrigerator
Zoning R5
Garage Spaces 1.0
Architectural Style DaylightRanch,MidCenturyModern
Security Features None
Year Built 1957
Stories Count 2
Property Subtype SingleFamilyResidence
Tax Year 2025
Parcel Number R581360
Accessibility AccessibleDoors,AccessibleEntrance,CaregiverQuarters,GroundLevel,MainFloorBedroomBath,NaturalLighting,WalkinShower
County Multnomah
Property Type Residential
HOA No
Subdivision Name REED
Full Baths 3
Status Active
Directions Follow 99E-S/SE Grand Ave,right on Holgate,right on SE 28th,turn left onto SE Steele
High School Cleveland
City Portland
Disclosures Disclosure
MLS Area _143
Lot Size Square Feet 6534.0
Listing Terms Cash,Conventional,FHA,VALoan
Elementary School Grout
Tax Annual Amount 8365.04
Middle/Junior High School Hosford
Property Condition Approximately
Standard Status Active
Accessory Dwelling Unit Y/N No
Legal Description PARTITION PLAT 2006-55,LOT 1
SeniorCommunityYn False
ADU False

Interior Features

Interior Amenities HardwoodFloors,Laundry,VinylFloor,WalltoWallCarpet
Basement Finished,FullBasement
Hot Water Electricity
Window Features DoublePaneWindows,VinylFrames
Total Bathrooms 3.0
FuelDescription Electricity,Gas
Total Bedrooms 4
Total Baths 3

Exterior Features

Exterior Amenities Fenced,Porch,PublicRoad,SecondResidence,StormDoor,Yard
Parking Features Driveway,OffStreet
Lot Features CornerLot,Level,PublicRoad
Water Source PublicWater
Total Parking 1.0
Garage Type Detached
Exterior Description WoodSiding
Foundation Details ConcretePerimeter
Building Area Total 2576.0
Lot Size Acres 0.15
Road Surface Type Concrete,Paved

Amenities

  • Foreclosure
  • Views
  • Short Sale
  • New Construction
  • Adult 55+
  • Lease To Own
  • No HOA Fees
  • Furnished
  • Primary On Main
  • Air Conditioning
  • Seller Finance
  • Green
  • Fixer Upper
  • Horse
  • Golf
  • Fireplace
  • Deck
  • Garage
  • Basement
  • Pool

Affordability Calculator

$3,786

Per Month

Based on the average sale price from the Hillsboro, OR office

  • Monthly Principal & interest $2,658
  • Monthly Property Taxes $1,062
  • Monthly Home Insurance $67
Adjust Payment Options
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Let's determine your purchasing power. Working with my mortgage partner, you'll have the information you need to shop for a home with confidence.

Default based on a 30-year fixed rate of 6.49% with 20% down. The estimated payment is offered for convenience and is not an offer of credit. Due to market fluctuations, interest rates are subject to change at any time and without notice. Your individual rate may vary. Rates may differ for FHA, VA, or jumbo loans.

Mortgage calculator provided courtesy of Inside Real Estate.

Schools

Elementary School Grout Elementary School
Middle School Hosford Middle School
High School Cleveland High School

Price History

6/16/2026 Listed $825,000
7/7/2026 4% - $799,900
7/24/2026 7% - $749,000
8/20/2026 3% - $729,000
8/30/2026 4% - $700,000
9/1/2026 1% - $699,000

Property vs Zip Code Average in 97202

Price
AVG $880K
$700K
Taxes
AVG $8,560
$8,365
Year Built
AVG 1952
1957
Visits
AVG 107
246
Data Provided by Inside Real Estate®

Areas That We Cover

3407 Se Steele St Portland, OR is a Single Family Home for sale at $699000 with 2576 sqft and a lot size of 0.15 Acres Acre(s). 3407 Se Steele St Portland has 4 bedrooms, 3 baths and was built in 1957. The property's zip code is 97202 which is in Portland, OR

*Information deemed reliable but not guaranteed.

Financial calculator disclaimer: Default based on a 30-year fixed rate of 6.49% with 20% down. The estimated payment is offered for convenience and is not an offer of credit. Due to market fluctuations, interest rates are subject to change at any time and without notice. Your individual rate may vary. Rates may differ for FHA, VA or jumbo loans.

Mortgage calculator provided courtesy of Inside Real Estate.

All information deemed reliable, but not guaranteed, and should be independently verified. The real estate information and related content displayed on this site is provided for consumers personal, non-commercial use and may not be used for any purpose other than to identify prospective properties consumers may be interested in purchasing.