3504 SE SHERMAN ST

Portland, 97214

  • 2 Bed

  • 2 Bath

  • 2006 SqFt

  • 37 DOM

  • Built: 1912

  • Status: Active

$690,000

X

3504 SE SHERMAN ST

Portland 97214

$690000

  • 2 Bed

  • 2 Bath

  • 2006 SqFt

  • 37 DOM

  • Built: 1912

  • Status: Active

Krishna Regupathy

Principal Broker

(503) 893-8874

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!

Download our Mobile app

Similar Properties

Download our Mobile app

$549,000

  • 4 Bed

  • 1 Bath

  • 2204 SqFt

  • 14 DOM

  • 2212 SE TAMARACK AVE, Portland, 97214
Open Sat, Nov 29th, 12PM to 2PM

$719,900

  • 3 Bed

  • 1 Bath

  • 2824 SqFt

  • 15 DOM

  • 3967 SE TAYLOR ST, Portland, 97214

$1,400,000

  • 4 Bed

  • 2.5 Bath

  • 3809 SqFt

  • 28 DOM

  • 1990 SE MULBERRY AVE, Portland, 97214

$349,999

  • 3 Bed

  • 1 Bath

  • 2206 SqFt

  • 41 DOM

  • 1736 SE 7TH AVE, Portland, 97214