12641 Se STEELE St, Portland, OR 97236

• 3 beds |
• 1 bath |
• 1,774 sqft

Property Description

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.

Listing Status:

Active

Date Added:

October 21, 2025 at 05:00AM

Listing Office:

Keller Williams Realty Professionals : 503-546-9955

Listing Agent:

Megan Jumago-Simpson : 503-804-4049

MLS ID:

309873627

Interior

• General: Vinyl floor
• Appliances: Free standing rangeFree standing refrigerator
• Basement: Crawl space
• A/C: None
• Heating: Forced air
• Fireplace: StoveFireplaceFireplaces: 1

Exterior

• General: Wood compositeYard
• Style: Stories 1
• Parking: DrivewayParking spaces: 2

Construction

• Roofing: Composition

Location

• Originating MLS: Regional Multiple Listing ServiceInc.
• County: Multnomah

Lot

• Zoning: SECTION 14 1S 2ETL 4200 0.55 ACRESR335096

Utilities

• Water: Public water
• Sewer: Public sewer

Financial

• Source: Regional Multiple Listing ServiceInc.

This listing courtesy of Megan Jumago-Simpson, Keller Williams Realty Professionals