3504 SE Sherman St

Portland, OR 97214
  • $690,000

    Price
  • 2

    Bed
  • 2

    Bath
  • 0

    SqFt

Open House Times

  • Sat. Oct. 25 at 1:00pm to 3:00pm

About the Listing KWRP01 - YUKICHRO,ALEXPHAN

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!

Listing Highlights for 3504 SE Sherman St

Status Active
Days on Site 3
Property Type Multi-Family
MLS ® 119505119
Year Built 1912
Total Square Footage 0
Lot/Acreage 0.11
County Multnomah
Elementary School Abernethy
Middle School Hosford
High School Cleveland

Interior Details

  • Bedrooms: 2
  • Bathrooms: 2 Full
  • Appliances:
  • Air Cond:
  • Heating: Forced Air,Wall Furnace
  • Fireplaces:
  • Floor:
  • Above Ground Sq Ft:
  • Below Ground Sq Ft: n/a
  • Basement: Exterior Entry,Unfinished
  • Other:
  • Water: Public Water

Exterior Details

  • Lot Description: Cul-de-sac,Level
  • Garage Capacity: 1 car
  • Zoning: R5
  • Roof: Composition
  • Others:
  • Sewer: Public Sewer
  • Parking Features: Driveway,Garage

Financial Details

  • Tax Amount: $6,768
  • Taxes w/Assessments: N/A
  • Tax/Property ID: R277058
  • Tax Year: N/A

Payment Calculator

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Listing Location

Questions About..

3504 SE Sherman St Portland, OR 97214

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Originating MLS: Regional Multiple Listing Service, Inc.

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