Price Reduction - Primary on Main
Address
3407 Se Steele St, Portland, OR
Price
$ 699,000
Property Attributes
- MLS#601213519
- TypeSingle Family
- Listing Status Active
- CountyMULTNOMAH
- CityPortland
- Area143
- NeighborhoodREED
- Zip97202
- StyleDaylightRanch,MidCenturyModern
- Year Built1957
- Taxes$ 8365
- Price$ 699,000
- Bedrooms4
- Full Bathrooms3
- Half Bathrooms0
- Sqr Footage2576
- Lot Size0.15 Acres
Data Source:
Regional Multiple Listing Service (RMLSOR)
Property Description
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 SE Portland residence delivers it all. [Home Energy Score = 2. HES Report at https://rpt.greenbuildingregistry.com/hes/OR10241227]
| Elementary School | Middle School | High School |
|---|---|---|
| Grout Elementary School | Hosford Middle 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 |
General Features
| 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
Property vs Single Family Average in 97202
Price
Taxes
Year Built
Visits
In The Neighborhood
Open House
Portland
$ 528,000
- Type
- Single Family
- Size
- 1,488 SqFt
- Rooms
- 3 Beds + 2 Baths
Windermere Realty Trust
Open House
Portland
$ 649,000
- Type
- Single Family
- Size
- 2,009 SqFt
- Rooms
- 3 Beds + 2 Baths
Living Room Realty
