About This Home

This 4-bedroom, 3-bathroom single family at 3407 SE STEELE St in Portland, OR is listed for $699,000 ($271 per sqft). Built in 1957, the home offers 2,576 sqft of living space on a 0.15 acres lot.

Key Features

  • Built in 1957
  • 0.15 acre lot
  • 2 stories

Property Details

2 stories
3 full
1-car garage
1957
Listing 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 l

iving 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 transp

ortation, 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 South East Portland residence delivers it all. [Home Energy Score = 2. HES Report

Monthly Cost Estimate

$3,738/mo

20% down · 6.5% · 30 years

Principal$506
Interest$3,029
Insurance$204

Estimates only. Actual payments may vary.

Location

3407 SE STEELE St

Portland, OR 97202

REED

Features & Amenities

Interior Features

HardwoodFloorsLaundryVinylFloorWalltoWallCarpet

Exterior Features

FencedPorchPublicRoadSecondResidenceStormDoorYard

Property Details

Outdoor Features

Porch

Heating

Forced Air

Appliances

DishwasherFreeStandingRangeFreeStandingRefrigerator

Questions & Answers

This 4-bedroom, 3-bathroom single family at 3407 SE STEELE St is listed at $699,000 ($271/sqft). The estimated monthly payment is $3,739 based on 20% down, a 30-year loan at 6.5% interest, estimated insurance.

Key features include: Built in 1957, 0.15 acre lot, 2 stories. Interior Features: HardwoodFloors, Laundry, VinylFloor. Exterior Features: Fenced, Porch, PublicRoad.

This property is listed by Aaron Heard and can be reached at 5037995213.

AH

Aaron Heard

Agent at Keller Williams Realty Portland Central

(503) 799-5213
Agent website

Listed by Keller Williams Realty Portland Central · Broker phone: (503) 548-4848 · View on Broker Site · Broker website

MLS# 601213519· Source: Regional Multiple Listing Services· 90 days on PropertySimple

Copyright © 2026 Regional Multiple Listing Services. All rights reserved. All information provided by the listing agent/broker is deemed reliable but is not guaranteed and should be independently verified.

3407 SE STEELE St, Portland, OR 97202

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