12641 SE STEELE ST

Portland, 97236

  • 3 Bed

  • 1 Bath

  • 1774 SqFt

  • 2 DOM

  • Built: 1943

  • Status: Active

$350,000

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12641 SE STEELE ST

Portland 97236

$350000

  • 3 Bed

  • 1 Bath

  • 1774 SqFt

  • 2 DOM

  • Built: 1943

  • Status: Active

Mohanraj Rajendran

Real Estate Agent

(503) 336-1515

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.

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