2720 Se Steele St Portland, OR 97202

Multi-Family (2-4 Units) MLS #: 776111041 Courtesy Of John L. Scott

$2,549,950

6,560 sq ft
Print property details Share
Est. Property Tax: $15,391
Estimated monthly payments: $12,429/mo.* (recalculate)

Property InformationDescription

Prime Investment Opportunity Modern 7-Unit Walk-Up in the Reed NeighborhoodIntroducing a rare chance to own a newly constructed (2020) 7-unit apartment building in the highly desirable Reed neighborhood, just steps from Reed College. This turnkey asset combines contemporary design, a prime location, and strong financial performance, making it an ideal addition to any investor s portfolio. Built in 2020, the property features energy-efficient systems, premium finishes, and low-maintenance construction, ensuring long-term durability and designed to offer spacious layouts . Situated within walking distance of Reed College and public transportation, the property benefits from consistent tenant demand and competitive rental income. With high occupancy rates this asset provides immediate cash flow and stable returns.Don t miss this opportunity to secure a high-performing, low-maintenance property in one of the city s most coveted neighborhoods.
MORTGAGE CALCULATOR

Features

  • Age: 1-5 Years Old
  • Amenities: Dock
  • Architecture Style: Other
  • Cooling System: Wall Unit(s) A/C
  • Heating System: Baseboard
  • Lot Size: 0.09 Acres

MAP & DIRECTIONS

Get Directions
2720 Se Steele St, Portland, OR 97202
View Directions

School Information

2720 Se Steele St, Portland, OR 97202

Elementary School
Grades EE-5 | Public School
GROUT ELEMENTARY SCHOOL
Portland, OR 97202
3119 SE Holgate Blvd
503.­916.6209
Distance: 0.5 mi
School Rating
A
Student:Teacher Ratio
16:1
Total Students
350
Middle School
Grades 6-8 | Public School
HOSFORD MIDDLE SCHOOL
Portland, OR 97214
2303 SE 28th Pl
503.­916.5640
Distance: 1.5 mi
School Rating
B+
Student:Teacher Ratio
21:1
Total Students
675
High School
Grades 9-12 | Public School
CLEVELAND HIGH SCHOOL
Portland, OR 97202
3400 SE 26th Ave
503.­916.5120
Distance: 1.0 mi
School Rating
C
Student:Teacher Ratio
20:1
Total Students
1582
Other Nearby Schools Distance Type Grades School Rating
Tucker Maxon School 0.4 mi Private PK-5
Llewellyn Elementary School 0.9 mi Public KG-5 A+
Whole Child Montessori Center 0.9 mi Private PK-T1
Winterhaven School 0.9 mi Public KG-8 A
Duniway Elementary School 1.2 mi Public KG-5 A+
Puddletown School 1.2 mi Private KG-6
Lewis Elementary School 1.2 mi Public KG-5 A
Woodstock Elementary School 1.3 mi Public KG-5 B+
Holy Family School 1.3 mi Private PK-8
Creston Elementary School 1.4 mi Public EE-5 A-
St Ignatius School 1.4 mi Private PK-8
Sunstone Montessori School 1.5 mi Private PK
Venn Academy 1.5 mi Private KG-7
Abernethy Elementary School 1.6 mi Public KG-5 A+
Sellwood Middle School 1.6 mi Public 6-8 B
The Cottonwood School Of Civics And Science 1.7 mi Public KG-8 A
Richmond Elementary School 1.8 mi Public PK-5 A-
This information is provided for general informational purposes only and should not be relied on in making any home-buying decisions. School information does not guarantee enrollment. Contact a local real estate professional or the school district(s) for current information on schools. This information is not intended for use in determining a person's eligibility to attend a school or to use or benefit from other city, town or local services.

Demographic Data

Portland, OR 97202

Median Age: 37.9
Married: 41%
Number of Households: 18,955
Households with Children: 25.3%
  • Occupancy Types
    • 0 Vacant
    • 0 Owned
    • 0 Rented
  • Transportation to Work
    • 0 Drive
    • 0 Public Transportation
    • 0 Walk / Bike / Other
    • 0 Work at Home
Copyright © 2025 Regional Multiple Listing Services. All rights reserved. All information provided by the listing agent/broker is deemed reliable but is not guaranteed and should be independently verified. Information being provided is for consumers' personal, non-commercial use and may not be used for any purpose other than to identify prospective properties consumers may be interested in purchasing.