About 3504 Se Sherman St
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!
Features of 3504 Se Sherman St
| MLS® # | 119505119 |
|---|---|
| Price | $690,000 |
| Bathrooms | 0.00 |
| Acres | 0.11 |
| Year Built | 1912 |
| Type | Multi Family |
| Status | Active |
Community Information
| Address | 3504 Se Sherman St |
|---|---|
| Area | 143 - Portland Southeast |
| Subdivision | RICHMOND / DIVISION |
| City | Portland |
| County | Multnomah |
| State | OR |
| Zip Code | 97214 |
Amenities
| Parking | Driveway, Garage |
|---|---|
| # of Garages | 1 |
| Is Waterfront | No |
| Has Pool | No |
Interior
| Heating | Forced Air, Wall Furnace |
|---|---|
| Cooling | None |
| Fireplace | No |
| # of Stories | 3 |
| Has Basement | Yes |
| Basement | Exterior Entry, Unfinished |
Exterior
| Exterior | Lap Siding |
|---|---|
| Lot Description | Level, Cul-de-sac |
| Roof | Composition |
| Foundation | Concrete Perimeter |
School Information
| Elementary | Abernethy |
|---|---|
| Middle | Hosford |
| High | Cleveland |
Additional Information
| Date Listed | October 19th, 2025 |
|---|---|
| Days on Market | 5 |
| Zoning | R5 |
| Short Sale | No |
| RE / Bank Owned | No |
Listing Details
| Office | Keller Williams Realty Professionals |
|---|