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About This Home

This 2-bedroom, 2-bathroom residential multi family at 3504 SE Sherman in Portland, OR is listed for $699,000 ($348 per sqft). Built in 1912, the home offers 2,006 sqft of living space on a N/A lot.

Agent Description

Live smart, earn more, and reimagine the possibilities in SE Portland. Vacant and ready for immediate occupancy, this charming 1912 duplex offers a rare opportunity to set your own rents, select your tenants, or create a flexible living scenario from day one.

Ideally located on a quiet cul-de-sac in the sought-after Richmond neighborhood, just blocks from both Hawthorne and Division.This legally divided duplex is well-suited for owner-occupants, investors, or multi-generational living. Main level unit (3504) features classic hardwood floors, abundant natural light, and a spacious layout that lives like a true Portland bungalow.

Upper unit (3506) is a well-appointed 1 bed/1 bath with private balcony access, ideal for rental income or extended living.Property features include hardwood floors, tiled bathrooms, private covered outdoor spaces (porch and balcony), and a shared 728 sq ft basement with on-site laundry and dedicated storage.

Large backyard offers room for gardening or future development potential (buyer to verify). Improvements include professional-grade drainage system/drywell, sewer line, roof, reinforced detached garage with new door, updated plumbing and electrical, exterior handrail replacement and paint.

Both units are currently vacant, offering the opportunity to reset rents and optimize performance. Potential to continue as a duplex or explore conversion to a single-family residence (buyer to perform due diligence). Enjoy close proximity to SE Portland's popular dining, shopping, and local amenities while tucked away on a low-traffic street.

Key Features

  • Built in 1912
  • 3 stories

Property Details

3 stories
2 full
1912

Monthly Cost Estimate

$3,738/mo

20% down · 6.5% · 30 years

Principal$506
Interest$3,029
Insurance$204

Estimates only. Actual payments may vary.

Location

3504 SE Sherman

Portland, OR 97214

RICHMOND/HAWTHORNE/DIVISION

Property Details

Heating

Forced Air

Questions & Answers

This 2-bedroom, 2-bathroom residential multi family at 3504 SE Sherman is listed at $699,000 ($348/sqft). The estimated monthly payment is $3,029 based on 20% down at 6.5% interest.

Key features include: Built in 1912, 3 stories.

This property is listed by Rochelle Yukich and can be reached at 5039262469 or rochelle@diverserg.com.

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Rochelle Yukich

Agent at Keller Williams Realty Professionals

(503) 926-2469

Listed by Keller Williams Realty Professionals · View on Broker Site

MLS# 116919276· Source: listhub· Updated 2 days ago

Copyright © 2026 Regional Multiple Listing Services. All rights reserved. All information provided by the listing agent/broker is deemed reliable but is not guaranteed and should be independently verified.

3504 SE Sherman, Portland, OR 97214

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