3504 SE SHERMAN ST

Portland, 97214

  • 2 Bed

  • 2 Bath

  • 2006 SqFt

  • 38 DOM

  • Built: 1912

  • Status: Active

$690,000

X

3504 SE SHERMAN ST

Portland 97214

$690000

  • 2 Bed

  • 2 Bath

  • 2006 SqFt

  • 38 DOM

  • Built: 1912

  • Status: Active

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Mohanraj Rajendran

Real Estate Agent

(503) 336-1515

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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Residence Information

  • 500

  • 778

  • 728

  • 2006

  • TAX

  • 1278

  • 2

  • 2

  • 0

  • 2

  • Composition

  • 1, Detached

  • Bungalow,Craftsman

  • Driveway,OnStreet

  • 2

  • 1912

  • No

  • LapSiding, WoodSiding

  • FullBasement,PartiallyFinished

  • FullBasement,Partial

  • WoodFrames

Features and Utilities

  • FreeStandingRange, FreeStandingRefrigerator, GasAppliances

  • CoveredDeck, Yard

  • None

  • Gas

  • ForcedAir

  • PublicSewer

  • Gas

  • Electricity, Gas

Financial

  • 7020.2

  • 0

  • Cash,Conventional,FHA,VALoan

  • 10-19-2025

  • No

  • No

Comparable Information

  • 38

  • 54

  • Cash,Conventional,FHA,VALoan

  • $690,000

  • $690,000

  • Nov 26, 2025 13:17

Schools

Elementary : Abernethy N/A Ratings
Middle : Hosford N/A Ratings
High : Cleveland N/A Ratings

Map

Listing courtesy of Keller Williams Realty Professionals.

The content relating to real estate for sale on this site comes in part from the IDX program of the RMLS of Portland, Oregon. Real Estate listings held by brokerage firms other than this firm are marked with the RMLS logo, and detailed information about these properties include the name of the listing's broker. Listing content is copyright © 2019 RMLS of Portland, Oregon. All information provided is deemed reliable but is not guaranteed and should be independently verified. Mohan Realty Group data last checked: Dec 12, 2025 17:21 | Listing last modified Nov 26, 2025 13:17. Some properties which appear for sale on this web site may subsequently have sold or may no longer be available.

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