OR > Portland > Richmond - Division
Portland, OR 97214,3504 SE SHERMAN ST
Portland, OR 97214,3504 SE SHERMAN ST
Portland, OR 97214,3504 SE SHERMAN ST
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Listed by Keller Williams Realty Professionals
$690,000
Est. payment /mo
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2 Beds
2 Baths
2,006 SqFt
New

3504 SE SHERMAN ST Portland, OR 97214

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Jason Cassell

Jason Cassell

+1(503) 953-5444

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Key Details

Property Type Single Family Home

Sub Type Single Family Residence

Listing Status Active

Purchase Type For Sale

Square Footage 2,006 sqft

Price per Sqft $343

Subdivision Richmond / Division

MLS Listing ID 184222225

Style Bungalow, Craftsman

Bedrooms 2

Full Baths 2

Year Built 1912

Annual Tax Amount $6,768

Tax Year 2024

Property Sub-Type Single Family Residence

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

Area _143

Zoning R5

Rooms

Basement Full Basement, Partially Finished

Interior

Heating Forced Air

Cooling None

Appliance Free Standing Range, Free Standing Refrigerator, Gas Appliances

Exterior

Exterior Feature Covered Deck, Yard

Parking Features Detached

Garage Spaces 1.0

Roof Type Composition

Garage Yes

Building

Lot Description Corner Lot, Cul_de_sac

Story 2

Sewer Public Sewer

Water Public Water

Level or Stories 2

Schools

Elementary Schools Abernethy

Middle Schools Hosford

High Schools Cleveland

Others

Senior Community No

Acceptable Financing Cash, Conventional, FHA, VALoan

Listing Terms Cash, Conventional, FHA, VALoan

Regional Multiple Listing Service (RMLS)

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Jason Cassell

Jason Cassell

Broker | License ID: 201208222

+1(503) 953-5444

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