12641 SE Steele St, Portland, OR 97236

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.