Human membrane 17-hydroxysteroid dehydrogenase 2 is an enzyme essential in the conversion of the highly active 17-hydroxysteroids into their inactive keto forms in a variety of tissues. 17-hydroxysteroid dehydrogenase 2 with 6 consecutive histidines at its N terminus was expressed in Sf9 insect cells. This recombinant protein retained its biological activity and facilitated the enzyme purification and provided the most suitable form in our studies. Dodecyl--D-maltoside was found to be the best detergent for the solubilization, purification, and reconstitution of this enzyme. The overexpressed integral membrane protein was purified with a high catalytic activity and a purity of more than 90% by nickel-chelated chromatography. For reconstitution, the purified protein was incorporated into dodecyl--D-maltoside-destabilized liposomes prepared from L-␣-phosphatidylcholine. The detergent was removed by adsorption onto polystyrene beads. The reconstituted enzyme had much higher stability and catalytic activity (2.6 mol/min/mg of enzyme protein with estradiol) than the detergent-solubilized and purified protein (0.9 mol/ min/mg of enzyme protein with estradiol). The purified and reconstituted protein (with a 2-kDa His tag) was proved to be a homodimer, and its functional molecular mass was calculated to be 90.4 ؎ 1.2 kDa based on glycerol gradient analytical ultracentrifugation and chemical cross-linking study. The kinetic studies demonstrated that 17-hydroxysteroid dehydrogenase 2 was an NAD-preferring dehydrogenase with the K m of NAD being 110 ؎ 10 M and that of NADP 9600 ؎ 100 M using estradiol as substrate. The kinetic constants using estradiol, testosterone, dihydrotestosterone, and 20␣-dihydroprogesterone as substrates were also determined.