Price Reduced Listing
$699,000
 $3,752 est/mo Sourced by Back At You

3407 SE Steele St,Portland, OR 97202

Portland, OR 97202

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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]

Details

MLS #601213519
Listing TypeFor Sale
StyleHouse
Sub-TypeResale
StatusActive
Year1957
Days On Site87
Listing Provided ByKeller Williams PDX Central | Aaron Heard

Features

Bed(s)4
Bath(s) 3 Total
SQ Feet2,576
Garage1
BasementY
Story(s)2
ZoningR5
Acreage0.15

Interior

HeatingForced Air90
Heating YnYes
CoolingAir Conditioning Ready
Cooling YnNo
Interior FeaturesHardwood Floors, Laundry, Vinyl Floor, Wallto Wall Carpet
Window FeaturesDouble Pane Windows, Vinyl Frames
AppliancesDishwasher, Free Standing Range, Free Standing Refrigerator

Exterior

Exterior FeaturesFenced, Porch, Public Road, Second Residence, Storm Door, Yard
RoofComposition, Shingle
Security FeaturesNone
Foundation DetailsConcrete Perimeter
Lot FeaturesCorner Lot, Level, Public Road

Parking

Attached Garage YnNo
Parking FeaturesDriveway, Off Street

Taxes

Property8365

Area Information

StateOR
CountyMultnomah
CityPortland
Zip Code97202
Community NameREED
School DistrictCleveland
Elementary SchoolGrout
High SchoolCleveland
Listing VS Median (in REED)
Price:
$699,000
low | high
Med:
$349,900
99.942775393419% of Average
sqft:
2,576
low | high
Med:
880
100% of Average
$ / sqft:
$271
low | high
Med:
$398
3.468851606191% of Average
On site:
87
low | high
Med:
81
100% of Average
Sourced by Back At You

Market Activity 97202

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The content relating to real estate for sale on this web site comes in part from the IDX program of the RMLS™ of Portland, Oregon. Real estate listings held by brokerage firms other than Madaire Realty are marked with the RMLS™ logo, and detailed information about these properties includes the names of the listing brokers. Listing content is copyright © 2020 RMLS™, Portland, Oregon.

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Learn More About This Property

StateOR
CountyMultnomah
CityPortland
Zip Code97202
Community NameREED
School DistrictCleveland
Elementary SchoolGrout
High SchoolCleveland
Listing VS Median (in REED)
Price:
$699,000
low | high
Med:
$349,900
99.942775393419% of Average
sqft:
2,576
low | high
Med:
880
100% of Average
$ / sqft:
$271
low | high
Med:
$398
3.468851606191% of Average
On site:
87
low | high
Med:
81
100% of Average
Sourced by Back At You
Nearby Listings (Within 1/4 mile)
Price: $524K - $873K
sqft: 1,500 - 3,000
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3704 SE RAYMOND ST Property Photo 1
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3704 Se Raymond St
Portland, OR 97202
4752 SE 34TH AVE Property Photo 1
$649,000
4752 Se 34th Ave
Portland, OR 97202
Listing Updated: September 10, 2026 at 1:22:19 PM PDT