3724 SE Franklin St

Portland, OR 97202
  • $1,050,000

    Price
  • 5

    Bed
  • 4

    Bath
  • 3,452

    SqFt

About the Listing MRER01 - WOLDKARO

TWO separate homes! Air B&B? No HOA's! Welcome to this rare gem! Nestled on a double lot (80x100’) in the heart of SE Portland’s vibrant Richmond neighborhood, this meticulously updated 1936 Cape Cod home, paired with a modern 2019-built 800 sq ft ADU, offers timeless charm and exceptional income potential. Perfect for owner-occupants, investors, or multigenerational living, this property blends classic architecture with contemporary comforts, all just steps from Division St’s trendy shops, eateries, and parks. Main Residence (3 Bed, 2 Bath,~2,160 sq ft):Step into a light-filled sanctuary featuring a remodeled kitchen with sleek stainless steel appliances, quartzite countertops, and custom cabinetry—ideal for culinary enthusiasts. The main-level master suite offers convenience and privacy, complemented by two additional bedrooms and an updated bath upstairs. Hardwood floors, fresh paint, and abundant natural light create a warm, inviting ambiance. The partially finished basement provides versatile space—think family room, home office, craft area, or extra storage—with a huge walk-in pantry and workshop. A newer roof, high-efficiency furnace, and central air conditioning ensure low-maintenance, year-round comfort. Accessory Dwelling Unit(2 Bed, 2 Bath, 800 sq ft):This feels-like brand-new 2019 ADU is a standout feature home, offering flexible income potential with long-term rent at ~$2,500/month or ~$45,000–$50,000/year as a permitted Airbnb. With two bedrooms, 1&1/2 baths, and a full kitchen, it’s perfect for guests, extended family, or high-demand short-term rentals in this sought-after locale. Outdoor Haven: The expansive, fully fenced double lot is a gardener’s dream, boasting mature fruit trees (cherries, apples, pears, and blueberries) and raised garden beds for farm-to-table living. A long driveway provides ample off-street parking, while the detached garage offers storage or creative space. Enjoy summer BBQs or quiet evenings in this private, lush oasis.

Listing Highlights for 3724 SE Franklin St

Status Active
Days on Site 27
Property Type Multi-Family
MLS ® 187095383
Year Built 1936
Total Square Footage 3,452
Lot/Acreage 0.2
County Multnomah
Neighborhood Richmond
Elementary School Creston
Middle School Kellogg
High School Franklin

Interior Details

  • Bedrooms: 5
  • Bathrooms: 4 Full
  • Appliances:
  • Air Cond: Central Air,MiniSplit
  • Heating: Forced Air - 95+%,Mini Split
  • Fireplaces:
  • Floor:
  • Above Ground Sq Ft:
  • Below Ground Sq Ft: n/a
  • Basement: Partially Finished
  • Other:
  • Water: Public Water

Exterior Details

  • Lot Description: Level,Trees
  • Garage Capacity: 1 car
  • Parking Spaces: 1
  • Zoning: R5
  • Roof: Composition
  • Others: Updated/Remodeled
  • Sewer: Public Sewer
  • Parking Features: Detached,Driveway

Financial Details

  • Tax Amount: $10,597
  • Taxes w/Assessments: N/A
  • Tax/Property ID: R299187
  • Tax Year: N/A

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Questions About..

3724 SE Franklin St Portland, OR 97202

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Originating MLS: Regional Multiple Listing Service, Inc.

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