Homes for sale - 3504 SE SHERMAN ST, Portland, OR 97214

REQUEST A TOUR If you would like to see this home without being there in person, select the "Virtual Tour" option and your agent will contact you to discuss available opportunities.

In-PersonVirtual Tour

Wed

Oct

Thu

Oct

Fri

Oct

Brian Johnson

brian@bcjohnsonhomes.com +1(503) 957-5587

Listed by Keller Williams Realty Professionals

$ 690,000

Est. payment | -/mo

4,791 Sqft Lot

Save

$ 690,000

Est. payment | -/mo

Save

4,791 Sqft Lot

Key Details

Property Type Multi-Family

Listing Status Active

Purchase Type For Sale

Subdivision Richmond / Division

MLS Listing ID 119505119

Year Built 1912

Annual Tax Amount $6,768

Tax Year 2024

Lot Size 4,791 Sqft

Property Description

Charming 1912 duplex in the heart of Richmond, ideally situated on a quiet cul-de-sac between Hawthorne & Division! Each legally divided 1 bed/1 bath unit features hardwood floors, tiled bathrooms, and private covered outdoor spaces (porch & balcony). Shared 728 sq ft unfinished basement includes on-site laundry and dedicated storage for each unit. Upgrades include a new sewer line, reinforced detached garage with new door, updated plumbing/electrical and exterior paint (by previous owner) Large backyard offers potential for gardening or ADU/expansion (buyer to verify). Excellent previous rental history with strong financials when rented: Gross Income $38,940 | Net Income $27,170 | Cap Rate 4.31%. Ideal for investors, house-hackers, or multi-gen living. Could be converted back to single-family. A rare investment opportunity in one of SE Portland's most desirable neighborhoods!

Location

State OR

County Multnomah

Community Laundry

Area _143

Zoning R5

Rooms

Basement Exterior Entry, Unfinished

Interior

Heating Forced Air, Wall Furnace

Cooling None

Exterior

Garage Spaces 1.0

Community Features Laundry

Roof Type Composition

Garage No

Building

Lot Description Cul_de_sac, Level

Story 3

Foundation Concrete Perimeter

Sewer Public Sewer

Water Public Water

Level or Stories 3

Schools

Elementary Schools Abernethy

Middle Schools Hosford

High Schools Cleveland

Others

Acceptable Financing Cash, Conventional, FHA, VALoan

Listing Terms Cash, Conventional, FHA, VALoan

Regional Multiple Listing Service (RMLS)

GET MORE INFORMATION

Brian Johnson

REALTOR®, Licensed in Oregon & Washington | Lic# 201220025

brian@bcjohnsonhomes.com

+1(503) 957-5587

5523 N Atlantic Ave, Portland, OR, 97217, USA

3504 SE SHERMAN ST Portland, OR 97214

Brian Johnson

Key Details

Location

Rooms

Interior

Exterior

Building

Schools

Others

GET MORE INFORMATION

Go tour this home

3504 SE SHERMAN ST