3504 SE Sherman, Portland, OR 97214
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3504 SE Sherman, Portland, OR 97214
3504 SE Sherman, Portland, OR 97214
3504 SE Sherman, Portland, OR 97214
3504 SE Sherman, Portland, OR 97214
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Vince Casey

Vince Casey

+1(541) 868-4559
Listed by Premiere Property Group, LLC
$ 625,000
Est. payment /mo
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Price Dropped by $74K

3504 SE Sherman Portland, OR 97214

2,006 SqFt

UPDATED:

Key Details

Property Type Multi-Family

Listing Status Active

Purchase Type For Sale

Square Footage 2,006 sqft

Price per Sqft $311

Subdivision Richmond/Hawthorne/Division

MLS Listing ID 640952244

HOA Y/N No

Year Built 1912

Annual Tax Amount $7,020

Tax Year 2024

Property Description

$74,000 Price Improvement! Opportunity, flexibility, and location come together in this vacant, legally divided 1912 duplex in SE Portland's coveted Richmond neighborhood. Whether you're looking to offset your mortgage with rental income, expand your investment portfolio, or create a multi-generational living solution, this property gives you the freedom to choose your path. Located on a quiet cul-de-sac just blocks from Hawthorne and Division, the main-level home offers hardwood floors and classic bungalow charm, while the upper 1-bedroom unit features a private balcony. Shared 728 SF basement includes laundry and storage. Major updates include roof, sewer line, plumbing, electrical, drainage system with drywell, reinforced garage, exterior paint, and handrails. Large backyard offers additional possibilities (buyer to verify). Both units are vacant, allowing you to establish your own rents or move in immediately. Continue as a duplex or explore conversion to a single-family residence (buyer to verify). Property sold as-is.

Location

State OR

County Multnomah

Community Commons, Laundry

Area _143

Zoning R5

Rooms

Basement Exterior Entry, Unfinished

Interior

Heating Forced Air, Wall Furnace

Cooling None

Exterior

Garage Spaces 1.0

Community Features Commons, Laundry

Roof Type Composition

Garage No

Building

Lot Description Cul_de_sac, Level

Story 3

Foundation Concrete Perimeter

Sewer Public Sewer

Water Public Water

Level or Stories 3

Schools

Elementary Schools Abernethy

Middle Schools Hosford

High Schools Cleveland

Others

Acceptable Financing Cash, Conventional, FHA, VALoan

Listing Terms Cash, Conventional, FHA, VALoan

Regional Multiple Listing Service (RMLS)
Vince Casey

Vince Casey

Broker | License ID: 201219873

+1(541) 868-4559

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3504 SE Sherman