12641 Se Steele St, Portland, OR

$350,000

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3

Beds

1

Bath

1,774

Square feet

0.55

Acres

About 12641 Se Steele St

Unlock the potential of this single-level 3-bedroom, 1-bath home on a generous R10-zoned lot, offering possibilities for redevelopment, expansion, or long-term hold. The property sits on a spacious lot surrounded by mature trees, with ample room to garden, build, or explore potential to subdivide (buyer to verify). Perfect for seasoned investors seeking their next value-add project—whether as a flip, rental, or future development play. The existing home offers strong bones and a layout with great flow and flexibility for reconfiguration or cosmetic updates. Conveniently located near Powell Butte, local parks, schools, and major transit routes, this property combines immediate opportunity with strong long-term upside. Sold as-is and priced to reflect needed updates — bring your vision and make this investment shine.

Features of 12641 Se Steele St

MLS® # 309873627
Price $350,000
Bedrooms 3
Bathrooms 1.00
Full Baths 1
Square Footage 1,774
Acres 0.55
Year Built 1943
Type Residential
Sub-Type Single Family Residence
Style 1 Story
Status Active

Community Information

Address 12641 Se Steele St
Area 143 - Portland Southeast
City Portland
County Multnomah
State OR
Zip Code 97236

Amenities

Parking Spaces 2
Parking Driveway
# of Garages 2
Garages Attached
Is Waterfront No
Has Pool No

Interior

Interior Features Vinyl Floor
Appliances Free-Standing Range, Free-Standing Refrigerator
Heating Forced Air
Cooling None
Fireplace Yes
# of Fireplaces 1
Fireplaces Stove
# of Stories 1
Basement Crawl Space

Exterior

Exterior Wood Composite
Exterior Features Yard
Lot Description Level
Roof Composition

School Information

Elementary Gilbert Park
Middle Alice Ott
High David Douglas

Additional Information

Date Listed October 21st, 2025
Days on Market 14
Short Sale No
RE / Bank Owned No

Listing Details

OfficeKeller Williams Realty Professionals

Listing Map

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