7232 SE STEELE ST Portland, OR $ 525,000
7232 SE STEELE ST
$ 525,000
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7232 SE STEELE ST

Portland, OR, 97206
$ 525,000
Bedrooms4 Baths2.0 Sq 2,387

Monthly Estimate*

$ 3,233

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Single Family Home for sale in Portland, OR

for $525,000 with 4 bedrooms and 2 full baths. This 2,387 square foot home was built in 1951 on a lot size of 0.07.

Open House | Saturday | May 9th | 12-2pm. Located in Mt. Scott-Arleta, this home offers the lifestyle buyers hope for when they hold out for the right one. There’s an easy warmth here that comes through in the details: darling built-ins, a cozy fireplace, and rich hardwood floors, all layered with timeless touches that make the space feel genuinely inviting. The layout is flexible and works for how you actually live. Upstairs, the attic loft has great headroom, plenty of built-ins, and its own mini-split for comfort. It’s the kind of space that can be whatever you need—a family room, home office, extra bedroom or a quiet retreat. Downstairs, the newly remodeled basement adds even more versatility with eco-friendly cork flooring, two bedrooms, a full bath, and a private entrance. It’s well-suited for multigenerational living, guests, or rental income with good separation from the main level. Behind glass French doors, there’s a large storage area with washer/dryer hookups and a generous closet—ideal for dry goods, hobbies, or even a future wine cellar. The home has been thoughtfully updated and well cared for, balancing comfort with efficiency (energy score 8/10). Major upgrades include a new furnace and AC (2024), water heater (2021), fresh exterior paint, and newly stained fencing (2025). Outside, fully fenced front and side yards offer a safe, welcoming space for all. Parking is simple with a two-car tandem driveway, plus a brand-new hardwired ChargePoint EV charger (2025). The location ties it all together—just two blocks from Mt. Scott Park and the recently renovated Community Center, around the corner from favorite local eateries and right where you need to be for the Portland Mercado reopening in summer 2026 with food trucks, a rooftop bar, and gathering spaces. More than anything, this is a home that feels cared for and comfortable—a place to slow down, settle in, and make it your own. Interested in a LOWER rate for your first year of homeownership? Ask how! [Home Energy Score = 8. HES Report at https://rpt.greenbuildingregistry.com/hes/OR10242314]

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Single Family Active

Price

$ 525,000

Bedrooms

4

Full Bath

2

Property Type

Single Family

Taxes

$ 6,144

Style

Cottage

Lot Size

0.07

Year Built

1951

Town/City

Portland

County/Region

Multnomah

MLS | Web ID

625186614

Features
Interior
Interior Amenities CeilingFan CorkFloor HardwoodFloors WalltoWallCarpet
Basement FullBasement PartiallyFinished
Total Fireplaces 1
Fireplace Features WoodBurning
Hot Water Electricity
Window Features DoublePaneWindows VinylFrames
Total Bathrooms 2.0
Total Bedrooms 4
Total Baths 2
1/2 Baths 0
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General
Sewer PublicSewer
Heating ForcedAir MiniSplit
Cooling CentralAir MiniSplit
Roof Composition
Appliances Dishwasher Disposal FreeStandingRange Pantry SolidSurfaceCountertop
Zoning RM1
Garage Spaces 0
Architectural Style Cottage
Security Features SecurityLights
Year Built 1951
Stories Count 3
Property Subtype SingleFamilyResidence
Tax Year 2025
Parcel Number R666796
Accessibility MainFloorBedroomBath
County Multnomah
Property Type Residential
HOA N
Subdivision Name MT SCOTT - ARLETA
Full Baths 2
Status Active
Directions SE 72nd and SE Steele
High School Franklin
City Portland
Disclosures Disclosure
MLS Area _143
Lot Size Square Feet 3049.0
Listing Terms Cash Conventional FHA VALoan
Elementary School Marysville
Tax Annual Amount 6144.27
Middle/Junior High School Kellogg
Property Condition Resale
Standard Status Active
Accessory Dwelling Unit Y/N N
Legal Description EAST VIEW BLOCK 2 LOT 3&4 TL 9501
ADU False
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Exterior
Exterior Amenities Fenced Porch ToolShed Yard
Parking Features Driveway OffStreet
Lot Features Level
Water Source PublicWater
Total Parking 0
Exterior Description Cedar
Building Area Total 2387.0
Lot Dimensions 56x56
Lot Size Acres 0.07
Road Surface Type Paved
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Internal Only
Street Number 1 7232
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* Excluded Features
List By
Premiere Property Group, Llc

Broker

Randi@RealtybyRandi.com

Email

Affordability Calculator

$3,745
Per Month
86%
14%
0%
Monthly Principal & Interest
$3,233
Monthly Property Taxes
$512
Monthly Home Insurance
--
Default based on a 30-year fixed rate of 6.25% 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.
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Nearby
1951163 Elementary School
3483333 Middle School
Franklin High School High School
Pricing History
DatePricePrice ChangeDescription
5/6/2026$525,000 Listed Price

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7232 SE STEELE ST, Portland, OR, 97206 is a Single Family Home for sale at $525,000 with 2,387 sqft and a lot size of 0.07. 7232 SE STEELE ST has 4 bedrooms, 2.0 baths, and was built in 1951. The property's zip code is 97206 which is in Portland, OR