Bought with Premiere Property Group, LLC
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12641 SE STEELE ST Portland, OR 97236
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Key Details
Sold Price $300,000
Property Type Single Family Home
Sub Type Single Family Residence
Listing Status Sold
Purchase Type For Sale
Square Footage 1,774 sqft
Price per Sqft $169
MLS Listing ID 309873627
Sold Date 11/25/25
Style Stories1
Bedrooms 3
Full Baths 1
HOA Y/N No
Year Built 1943
Annual Tax Amount $4,610
Tax Year 2024
Lot Size 0.550 Acres
Property Sub-Type Single Family Residence
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.
Location
State OR
County Multnomah
Area _143
Rooms
Basement Crawl Space
Interior
Interior Features Vinyl Floor
Heating Forced Air
Cooling None
Fireplaces Number 1
Fireplaces Type Stove
Appliance Free Standing Range, Free Standing Refrigerator
Exterior
Exterior Feature Yard
Parking Features Attached
Garage Spaces 2.0
Roof Type Composition
Garage Yes
Building
Lot Description Level
Story 1
Sewer Public Sewer
Water Public Water
Level or Stories 1
Schools
Elementary Schools Gilbert Park
Middle Schools Alice Ott
High Schools David Douglas
Others
Senior Community No
Acceptable Financing Cash
Listing Terms Cash
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Donna Jo Merrifield
Principal Broker, South/Central OR Area Leader, Dream & Key Group Team Leader | License ID: 971200102



