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4 Beds
3 Baths
2,576 SqFt
Active
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 South East Portland residence delivers it all. [Home Energy Score = 2. HES Report at https://rpt.greenbuildingregistry.com/hes/OR10241227]
Property Details | ||
|---|---|---|
| Price | $699,000 | |
| Bedrooms | 4 | |
| Full Baths | 3 | |
| Total Baths | 3 | |
| Property Style | DaylightRanch,MidCenturyModern | |
| Acres | 0.15 | |
| Stories | 2 | |
| Features | HardwoodFloors,Laundry,VinylFloor,WalltoWallCarpet | |
| Exterior Features | Fenced,Porch,PublicRoad,SecondResidence,StormDoor,Yard | |
| Year Built | 1957 | |
| Subdivision | REED | |
| Roof | Composition,Shingle | |
| Heating | ForcedAir90 | |
| Foundation | ConcretePerimeter | |
| Accessibility | AccessibleDoors,AccessibleEntrance,CaregiverQuarters,GroundLevel,MainFloorBedroomBath,NaturalLighting,WalkinShower | |
| Lot Description | CornerLot,Level,PublicRoad | |
| Parking Description | Driveway,OffStreet | |
| Parking Spaces | 1 | |
| Garage spaces | 1 | |
Geographic Data | ||
| Directions | Follow 99E-S/SE Grand Ave, right on Holgate, right on SE 28th, turn left onto SE Steele | |
| County | Multnomah | |
| Latitude | 45.484931 | |
| Longitude | -122.628555 | |
| Market Area | _143 | |
Address Information | ||
| Address | 3407 SE STEELE ST | |
| Postal Code | 97202 | |
| City | Portland | |
| State | OR | |
| Country | United States | |
Listing Information | ||
| Listing Office | Keller Williams PDX Central | |
| Listing Agent | Aaron Heard | |
| Terms | Cash,Conventional,FHA,VALoan | |
School Information | ||
| Elementary School | Grout | |
| Middle School | Hosford | |
| High School | Cleveland | |
MLS® Information | ||
| Days on market | 107 | |
| MLS® Status | Active | |
| Listing Date | Jun 16, 2026 | |
| Listing Last Modified | Oct 1, 2026 | |
| Tax ID | R581360 | |
| Tax Year | 2025 | |
| Tax Annual Amount | 8365 | |
| MLS® Area | _143 | |
| MLS® # | 601213519 | |
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This information is believed to be accurate, but without any warranty.
