3407 SE STEELE ST, Portland, OR 97202

$749,000
4
BD
3
BA
2,576
SqFt

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List Price
$749,000
Price Change
▼ $50,900 1784928130
Days on Market
42
Status
ACTIVE
MLS#
601213519
Rent
5245
Bedrooms
4
Bathrooms
3
Living Area
2,576
Lot Size
5, 000 to 6, 999 SqFt
Region
Portland Southeast

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]

Additional Information

Tax Amount
$8,365
Year Built
1957
High School
Cleveland
Elementary School
Grout
Middle School
Hosford
Garage Spaces
1
Garage Type
Detached
Acres
0.15
Living Area
2,576
Stories
2
Subdivision
REED
Property Type
Single Family Residence
Terms
Cash, Conventional, FHA, VA Loan
Accessibility Features
Accessible Doors, Accessible Entrance, Caregiver Quarters, Ground Level, Main Floor Bedroom w/Bath, Natural Lighting, Walk-in Shower
Master Bedroom Level
Main
Cooling Description
Air Conditioning Ready
Fuel Description
Electricity, Gas
Heating Description
Forced Air - 90%
Hot Water Description
Electricity
Exterior Description
Wood Siding
Roof Type
Composition, Shingle
Sewer Description
Public Sewer
Style
Daylight Ranch, Mid-Century Modern
Parking
Driveway, Off Street
Security Or Entry
None
Parking Description
Driveway, Off Street
Road Surface
Concrete, Paved
Exterior Features
Fenced, Porch, Public Road, Second Residence, Storm Door(s), Yard
Interior Features
Hardwood Floors, Laundry, Vinyl Floor, Wall to Wall Carpet
Kitchen Appliances
Dishwasher, Free-Standing Range, Free-Standing Refrigerator

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Listing courtesy of Keller Williams PDX Central.

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