SOLD NOV 25, 2025

Off market nov 2025 for $300K

$504,333

Est. refi paymentEst. refi $1,980/mo

•

1,774

sq ft

12641 SE Steele St, Portland, OR 97236

About this home

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.

Single-familyProperty Type

1943Year Built

0.55 acresLot Size

$284Est. Price/Sq.Ft.

2 car garageParking

Listed by Megan Jumago-Simpson • Keller Williams Realty Professionals

Bought with Fares Karam • Premiere Property Group, LLC

Redfin checked: a minute ago

•Source:RMLS #309873627

Redfin Estimate

$504,333

$204K since sold in November 2025$7,000 since October

Recently sold homes
Estimate history
Homes for sale

This home's estimate is 19.8% higher than the average sale price ($421K) of 6 comparable homes.

SOLD JUL 23, 2026
$365,000
A
3 beds2 baths1,740 sq ft
6025 SE 124th Ave, Portland, OR 97236
SOLD OCT 21, 2026
$495,000
B
3 beds2 baths1,608 sq ft
12629 SE Reedway St, Portland, OR 97236
SOLD MAR 17, 2026
$400,000
C
3 beds1 bath1,386 sq ft
4616 SE 128th Ave, Portland, OR 97236
SOLD OCT 7, 2026
$400,000
D
3 beds2 baths1,254 sq ft
12406 SE Raymond St, Portland, OR 97236
SOLD OCT 30, 2026
$410,000
E
4 beds2 baths1,423 sq ft
12905 SE Ramona St, Portland, OR 97236
SOLD AUG 28, 2026
$455,000
F
3 beds1 bath1,944 sq ft
12903 SE Rhone St, Portland, OR 97236

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Earn from this home

Sell

$237,300

Est. take-home

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Refinance

Est. cash available

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Rent

$2,558/mo

Redfin rental estimate

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Market trends in Powellhurst-Gilbert, OR

Last updated October 2026

Buyer's Market

Seller's Market

Seller's market

Sale-to-list price

99.6%

0.1% MoM

Median sale price

$394K

$13K MoM

Avg. days on market

39d

4 days MoM

Recently sold homes

2 MoM

New listings for sale

NEW 12 HRS AGO
$430,000
3 beds2 baths1,368 sq ft
13642 SE Gladstone, Portland, OR 97236
Christine Folz • Real Broker
VIDEO TOUR
$65,000
3 beds2 baths1,188 sq ft
3930 SE 162nd Ave #50, Portland, OR 97236
Gene Farr • Premiere Property Group LLC
$99,000
3 beds2 baths1,296 sq ft
3930 SE 162nd Ave #29, Portland, OR 97236
Marjorie Baker • McKenzie-Baker Properties
$459,000
3 beds3 baths1,294 sq ft
15114 SE Belmore St, Portland, OR 97236
Kika Trnjanin • John L. Scott Portland Metro
$489,500
3 beds2 baths1,176 sq ft
2812 SE 130th Ave, Portland, OR 97236
Tyler Horst • Summa Real Estate Group
3D WALKTHROUGH
$474,500
4 beds2 baths1,880 sq ft
6419 SE 137th Ave, Portland, OR 97236
Anthony Harold-Golden • Better Homes & Gardens Realty
$375,000
3 beds3 baths1,802 sq ft
18103 SE Bush Ter, Portland, OR 97236
Christine Binge • MORE Realty
$180,000
2 beds1 bath844 sq ft
2744 SE 138th Ave #137, Portland, OR 97236
Sheila McMurray • Transwest Properties
$729,000
4 beds4 baths2,805 sq ft
6938 SE 122nd Dr, Portland, OR 97236
Jimi Hendrix • Neighbors Realty
See all

Provided by Redfin

Sale history for 12641 SE Steele St

Tax history for 12641 SE Steele St

*Taxable value of land and structures on it ("additions") is determined regularly by local assessors and does not affect market price.

Public record

Public record
Zoning
Permits

Beds

Baths

Stories

Lot width

—

Lot depth

—

Lot size

0.55 Acres

Year renovated

1943

Sq. Ft.

1,774

Year built

1943

Style

Single Family Residential

County

Multnomah County

APN

R335096

Parking Spaces

—

Basement

—

Accessible

—

HOA Dues

—

Garage

—

Features

—

Last updated by owner on Oct 30, 2026.

R10

Residential 10,000 Zone

The single-dwelling zones are intended to preserve land for housing and to provide housing opportunities for individual households. The zones implement the comprehensive plan policies and designations for single-dwelling housing and provide options for infill housing that is compatible with the scale of the single-dwelling neighborhood.

Permitted uses

Include but are not limited to:

Housing

Property details

Parking

Parking Information
Parking Features: Driveway
Parking Total: 2

Garage Information
Garage Type: Attached
Garage Spaces: 2
Has Attached Garage: Yes

Interior

Appliances
Appliances: Free-Standing Range, Free-Standing Refrigerator
Hot Water Description: Electricity

Interior Features
Interior Features: Vinyl Floor
Fireplace YN: Yes
Fireplaces Total: 1
Fireplace Features: Stove
Basement: Crawl Space

Bathroom Information
Bathrooms Full: 1
Bathrooms Full Main Level: 1
Bathrooms Total Integer: 1
Bathrooms Total Main Level: 1
Baths Total: 1

Room 7 Information
Description: 2nd Bedroom
Level: Main

Room 8 Information
Description: 3rd Bedroom
Level: Main

Room 9 Information
Description: Dining Room

Room 10 Information
Description: Family Room

Room 11 Information
Description: Kitchen
Level: Main

Room 12 Information
Description: Living Room
Level: Main

Room 13 Information
Description: Primary Bedroom
Level: Main

Room 14 Information
Description: Great Room

Exterior

Exterior Features
Roof: Composition
Exterior Features: Yard
Exterior Description: Wood Composite

Lot Information
Lot Size Square Feet: 23,958
Lot Size Range: 20,000 SqFt to .99 Acres
Lot Size Acres: 0.55
Lot Size: 20,000 SqFt to .99 Acres
Lot Features: Level
Parcel Number: R335096

Property Information
Property Type: Residential
Property Sub Type: Single Family Residence
Property Attached YN: No
Property Condition: Resale
Main Level Area Total: 1,774
View YN: No

Building Information
Year Built: 1943
Building Area Total: 1,774
Building Area Description: Trio
Building Area Calculated: 1,774

Financial

Tax Information
Tax Year: 2024
Tax Legal Description: SECTION 14 1S 2E, TL 4200 0.55 ACRES
Tax Annual Amount: $4,610.77

Lease / Rent Information
Land Lease YN: No

Utilities

Utility Information
Green Certification YN: No
Fuel Description: Electricity
Water Source: Public Water
Sewer: Public Sewer

Heating & Cooling
Heating YN: Yes
Heating: Forced Air
Cooling YN: No

Location

School Information
Elementary School: Gilbert Park
Middle Or Junior School: Alice Ott
High School: David Douglas

Location Information
Directions: SE Holgate Blvd to SE Steele St
Unparsed Address: 12641 SE STEELE ST, Portland, OR 97236

Community Information
Senior Community YN: No

Public facts

Beds: 3
Baths: 1.0
Sq. Ft.: 1,774
Stories: 1.0
Lot Size: 0.55 acres
Style: Single Family Residential
Year Built: 1943
Year Renovated: 1943
County: Multnomah County
APN: R335096

Home facts updated by county records on Oct 30, 2026

Other

Listing Information
MlsStatus: Sold

Listing Price Information
Price Type: List Price

New Construction Information
New Construction YN: No

Around this home

Schools

K - 12
Preschool & daycare

Gilbert Heights Elementary School

Public PreK-5 • Assigned • 0.4mi

4/10

Alice Ott Middle School

Public 6-8 • Assigned • 0.4mi

6/10

David Douglas High School

Public 9-12 • Assigned • 2.2mi

2/10

Provided by GreatSchools

Lifestyle

Provided by Walk Score and Local Logic

Climate risks

1/10 Flood Factor

Minimal risk of a flood reaching the building in the next 30 years

1/10 Fire Factor

Unlikely to be in a wildfire in next 30 years

3/10 Heat Factor

7 days above 92° expected this year, 15 days in 30 years

1/10 Wind Factor

Minimal risk of severe winds over next 30 years

10/10 Air Factor

23 unhealthy days expected this year, 27 days in 30 years

Provided by First Street

Historical weather

Portland, OR • 97236

Average low and high temperatures (°F)

Jan

Feb

Mar

Apr

May

Jun

Jul

Aug

Sep

Oct

Nov

Dec

Sun exposure

In this area, properties receive around 9.8 hours in June and 2 hours in December, placing it below the U.S. average for solar exposure.

9.8 hrs

2 hrs

JuneDecember

Provided by Shadowmap

Estimated sale price

$480,000 – $580,000

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Nearby similar homes

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New listings for sale in 97236

NEW 12 HRS AGO

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View of powell butte • Cul-de-sac • Private drive

Christine Folz • Real Broker

VIDEO TOUR

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Open layout • Large open kitchen • New dishwasher

Gene Farr • Premiere Property Group LLC

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Marjorie Baker • McKenzie-Baker Properties

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Kika Trnjanin • John L. Scott Portland Metro

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Tyler Horst • Summa Real Estate Group

3D WALKTHROUGH

$474,500

4 beds2 baths1,880 sq ft

6419 SE 137th Ave, Portland, OR 97236

Updated kitchen • Refreshed interiors • Panoramic views

Anthony Harold-Golden • Better Homes & Gardens Realty

$375,000

3 beds3 baths1,802 sq ft

18103 SE Bush Ter, Portland, OR 97236

Gas fireplace • Kitchen island • Rich wood cabinets

Christine Binge • MORE Realty

$180,000

2 beds1 bath844 sq ft

2744 SE 138th Ave #137, Portland, OR 97236

Single level condo • New roof • New siding

Sheila McMurray • Transwest Properties

$729,000

4 beds4 baths2,805 sq ft

6938 SE 122nd Dr, Portland, OR 97236

Secret hatch door • 0.29 acre lot • Garage

Jimi Hendrix • Neighbors Realty

Home values near 12641 SE Steele St

Data from public records.

Address	Redfin Estimate
12700 Southeast Steele St, Portland, OR 2 Beds \| 1 Baths \| 756 Sq. Ft.	$378,671
12605 Southeast Steele St, Portland, OR 3 Beds \| 1 Baths \| 1356 Sq. Ft.	$405,606
12617 Southeast Steele St, Portland, OR 3 Beds \| 2 Baths \| 1592 Sq. Ft.	$422,921
12600 Southeast Steele St, Portland, OR 3 Beds \| 1 Baths \| 1248 Sq. Ft.	$396,400
5140 Southeast 128th Ave, Portland, OR 2 Beds \| 1 Baths \| 702 Sq. Ft.	$382,827
5125 Southeast 128th Ave, Portland, OR 2 Beds \| 1 Baths \| 672 Sq. Ft.	$314,395
5031 Southeast 128th Ave, Portland, OR 2 Beds \| 1 Baths \| 1440 Sq. Ft.	$369,225

Address	Redfin Estimate
12537 Southeast Steele St, Portland, OR 2 Beds \| 1 Baths \| 734 Sq. Ft.	$302,462
12533 Southeast Steele St, Portland, OR 4 Beds \| 2 Baths \| 1568 Sq. Ft.	—
12725 Southeast Steele St, Portland, OR 2 Beds \| 1 Baths \| 720 Sq. Ft.	$327,658
12623 Southeast Steele St, Portland, OR 3 Beds \| 1.5 Baths \| 1708 Sq. Ft.	$437,771
12620 Southeast Raymond St, Portland, OR 3 Beds \| 1 Baths \| 1374 Sq. Ft.	$418,761
5209 Southeast 128th Ave, Portland, OR - Beds \| 2 Baths \| 1446 Sq. Ft.	$297,269
5110 Southeast 128th Ave, Portland, OR 3 Beds \| 1 Baths \| 1156 Sq. Ft.	$327,780

Address	Redfin Estimate
12609 Southeast Steele St, Portland, OR 5 Beds \| 3 Baths \| 2050 Sq. Ft.	$472,978
12728 Southeast Steele St, Portland, OR 3 Beds \| 3 Baths \| 1811 Sq. Ft.	$452,450
12632 Southeast Steele St, Portland, OR 2 Beds \| 1 Baths \| 624 Sq. Ft.	$317,635
12620 Southeast Steele St, Portland, OR 2 Beds \| 1 Baths \| 1011 Sq. Ft.	$403,210
5120 Southeast 128th Ave, Portland, OR 3 Beds \| 2 Baths \| 2505 Sq. Ft.	$426,701
5105 Southeast 128th Ave, Portland, OR 2 Beds \| 1 Baths \| 720 Sq. Ft.	$327,591
5309 Southeast 128th Ave, Portland, OR 4 Beds \| 2.5 Baths \| 1607 Sq. Ft.	$447,592

Property information provided by RMLS when last listed in 2025. This data may not match . Learn more.

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About this home

Redfin Estimate

Earn from this home

Market trends in Powellhurst-Gilbert, OR

Sale history for 12641 SE Steele St

Tax history for 12641 SE Steele St

Public record

Property details

Around this home

Schools

Lifestyle

Climate risks

Historical weather

Sun exposure

Nearby similar homes

New listings for sale in 97236

Home values near 12641 SE Steele St

More real estate resources