Located in Mt. Scott-Arleta, this home offers the lifestyle buyers hope for when they hold out for the right one. There’s an easy warmth here that comes through in the details: darling built-ins, a cozy fireplace, and rich hardwood floors, all layered with timeless touches that make the space feel genuinely inviting. The layout is flexible and works for how you actually live. Upstairs, the attic loft has great headroom, plenty of built-ins, and its own mini-split for comfort. It’s the kind of space that can be whatever you need—a family room, home office, extra bedroom or a quiet retreat. Downstairs, the newly remodeled basement adds even more versatility with eco-friendly cork flooring, two bedrooms, a full bath, and a private entrance. It’s well-suited for multigenerational living, guests, or rental income with good separation from the main level. Behind glass French doors, there’s a large storage area with washer/dryer hookups and a generous closet—ideal for dry goods, hobbies, or even a future wine cellar. The home has been thoughtfully updated and well cared for, balancing comfort with efficiency (energy score 8/10). Major upgrades include a new furnace and AC (2024), water heater (2021), fresh exterior paint, and newly stained fencing (2025). Outside, fully fenced front and side yards offer a safe, welcoming space for all. Parking is simple with a two-car tandem driveway, plus a brand-new hardwired ChargePoint EV charger (2025). The location ties it all together—just two blocks from Mt. Scott Park and the recently renovated Community Center, around the corner from favorite local eateries and right where you need to be for the Portland Mercado reopening in summer 2026 with food trucks, a rooftop bar, and gathering spaces. More than anything, this is a home that feels cared for and comfortable—a place to slow down, settle in, and make it your own. Interested in a LOWER rate for your first year of homeownership? Ask how! [Home Energy Score = 8. HES Report at https://rpt.greenbuildingregistry.com/hes/OR10242314]
Single-familyProperty Type
1951Year Built
3,049 sq ftLot Size
$218Price/Sq.Ft.
Listed by Randi Thompson• Premiere Property Group, LLC
Est. $2,804 per month, based on comparable rentals
Sale and tax history for 7232 SE Steele St
Sale History
Tax History
Date
Event
Price
RMLS #625186614
Jun 24, 2026
Sold
$520,000
$218/sq ft
May 24, 2026
Pending
—
May 6, 2026
Listed
$525,000
$220/sq ft
Public Records
Jun 5, 2015
Sold
$305,000
$128/sq ft
RMLS #15510797
May 28, 2015
Sold
$327,000
$137/sq ft
May 5, 2015
Pending
—
May 1, 2015
Listed
$274,900
$115/sq ft
Artfully remodeled cottage in up-and-coming FoPo / Woodstock. Kitchen w/new oak floors, stainless steel appliances, Schoolhouse fixtures. Bath w/pedestal sink, subway tiles, Kohler fixtures. Refinished hardwood floors on main, new carpeting in large upstairs bedroom, built-ins throughout. Unfinished basement w/separate entrance a great potential ADU! Mt. Scott Community Center, Portland Mercado, soon-to-open New Seasons. Walk Score 88!
Public Records
Jan 31, 2013
Sold
$190,000
$80/sq ft
Public Records
Dec 28, 1993
Sold
$59,500
$25/sq ft
Public Records
Apr 1, 1990
Sold
$59,500
$25/sq ft
Year
Property tax
Land + Additions
Assessment*
2025
$6,144 (+3.7%)
2024
$5,923 (+4.0%)
2023
$5,696 (+10.0%)
2022
$5,177 (+1.7%)
2021
$5,090 (+9.0%)
2020
$4,669 (+3.8%)
2019
$4,498 (+3.0%)
2018
$4,366 (+4.3%)
2017
$4,184 (+9.3%)
2016
$3,829 (+37.2%)
2015
$2,791
Public record
Public record
Zoning
Permits
Beds
—
Baths
2
Stories
—
Lot width
—
Lot depth
—
Lot size
3,097 Sq. Ft.
Year renovated
1951
Sq. Ft.
1,412
Year built
1951
Style
Single Family Residential
County
Multnomah County
APN
R666796
Parking Spaces
—
Basement
—
Accessible
—
HOA Dues
—
Garage
—
Features
—
Last updated by owner on Jul 15, 2026.
RM1
Residential Multi-Dwelling 1 Zone
The RM1 zone is a low-scale multi-dwelling zone that is generally applied in locations intended to provide a transition in scale to single-dwelling residential areas, such as the edges of mixed-use centers and civic corridors, and along or near neighborhood corridors. Allowed housing is characterized by one to three story buildings that relate to the patterns of residential neighborhoods, but at a somewhat larger scale and building coverage than allowed in the single-dwelling zones. The major types of new development will be duplexes, triplexes, rowhouses, courtyard housing, small apartment buildings, and other relatively small-scale multi-dwelling and small-lot housing types that are compatible with the characteristics of Portland's residential neighborhoods.
Permitted uses
Include but are not limited to:
Housing
Housing-Group
Housing-Single unit
Housing-Multiple units
Housing-Senior
Oct 15, 2025 • Final
Residential bldg/trade
Addition
Bathroom
Electrical
Plumbing
May 29, 2024 • Final
Mechanical
HVAC
Permit history is from public records and may be incomplete or inaccurate. Redfin and its agents make no representations about the property condition or permit status. Buyers should independently verify all information.