3504 SE Sherman St, Portland, OR 97214

Local realty services provided by:Better Homes and Gardens Real Estate Equinox
3504 SE Sherman St,Portland, OR 97214
$690,000
  • - Beds
  • - Baths
  • - sq. ft.
  • Multi-family
  • Active
Listed by: rochelle yukich, alexander phan
Office: keller williams realty professionals
MLS#:119505119
Source:PORTLAND

Price summary

  • Price:$690,000

About this home

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!

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Home facts

  • Year built:1912
  • Listing ID #:119505119
  • Added:59 day(s) ago
  • Updated:December 17, 2025 at 03:02 PM

Heating and cooling

  • Heating:Forced Air, Wall Furnance

Structure and exterior

  • Roof:Composition
  • Year built:1912
  • Lot area:0.11 Acres

Schools

  • High school:Cleveland
  • Middle school:Hosford
  • Elementary school:Abernethy

Utilities

  • Water:Public Water
  • Sewer:Public Sewer

Finances and disclosures

  • Price:$690,000
  • Tax amount:$6,768 (2024)
MLS LogoAll information provided is deemed reliable but is not guaranteed and should be independently verified. The content relating to real estate for sale on this web site comes in part from the IDX program of the RMLS of Portland Oregon. Real estate listings held by brokerage firms other than Better Homes and Gardens Real Estate Equinox are marked with the RMLS logo and detailed information about these properties includes the names of the listing brokers. Copyright 2025 RMLS, Portland, Oregon. Last updated: December 17, 2025

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