Recently Listed Open House 6/20 11am - 2pm
3407 SE STEELE ST
Portland, OR, 97202 $ 825,000
Bedrooms4 Baths3.0 Sq 2,576 Monthly Estimate*
$ 5,080
for $825,000 with 4 bedrooms and 3 full baths. This 2,576 square foot home was built in 1957 on a lot size of 0.15.
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 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 Southeast Portland residence delivers it all. [Home Energy Score = 2. HES Report at https://rpt.greenbuildingregistry.com/hes/OR10241227]
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Open House
6/20/2026 11:00 AM - 2:00 PM
3407 SE STEELE ST Portland, OR
* Some states or local ordinances may prohibit Open Houses at this time, please confirm with your Weichert agent or local rep to confirm
Single Family ActiveDaylightRanch,MidCenturyModern
FeaturesInteriorInterior Amenities HardwoodFloors Laundry VinylFloor WalltoWallCarpet
Basement Finished FullBasement
Total Fireplaces 0
Hot Water Electricity
Window Features DoublePaneWindows VinylFrames
Total Bathrooms 3.0
Total Bedrooms 4
Total Baths 3
1/2 Baths 0
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GeneralSewer 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 N
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 N
Legal Description PARTITION PLAT 2006-55 LOT 1
ADU False
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ExteriorExterior 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
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* Excluded FeaturesList ByKeller Williams Pdx CentralBroker
Aaron@RealTourProperties.comEmail
Affordability Calculator
- Monthly Principal & Interest
- $5,080
- Monthly Property Taxes
- $697
- 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.
Learn more about how to save NearbySingle family listings in Portland, OR
Average List Price $776,398
Percent of Sale Price 6%
About Portland, OR 646,380 Population
22% Since 2002
$ 62,517 Median Income
39 Median Age
22% Households with Children
Trends Information provided by ATTOM Data Solutions.
1949298 Elementary School
1950530 Middle School
Cleveland High School High School
Pricing History| Date | Price | Price Change | Description |
|---|
| 6/16/2026 | $825,000 | | Listed Price |