3504 SE Sherman, Portland, OR 97214

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Sold Price
$625,000
List Price
$625,000
Closing Date
Aug 07, 2026
Days on Market
114
MLS#
640952244
Property Type
Multifamily
Sqft. of Residence
2,006
Lot Size
5, 000 to 6, 999 SqFt
Region
Portland Southeast
Status
SOLD

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.

Additional Information

Tax Amount
$7,020
Year Built
1912
High School
Cleveland
Elementary School
Abernethy
Middle School
Hosford
Garage Spaces
1
Living Area
2,006
Stories
3
Subdivision
RICHMOND/HAWTHORNE/DIVISION
Terms
Cash, Conventional, FHA, VA Loan
Cooling Description
None
Fuel Description
Electricity, Gas
Heating Description
Forced Air, Wall Furnace
Hoa Rent Includes
Trash Collection
Hot Water Description
Gas
Exterior Description
Lap Siding
Roof Type
Composition
Sewer Description
Public Sewer
Parking
Driveway, Garage
Parking Description
Driveway, Garage
Road Surface
Concrete, Paved
Number Of Units Total
2
Unit Type One Baths Total
1
Unit Type One Beds Total
1
Unit Type One Rent
1645
Unit Type One Sq Ft
778
Unit Type One Units Total
1
Unit Type Two Baths Total
1
Unit Type Two Beds Total
1
Unit Type Two Units Total
1

Mortgage Calculator

Amount of Loan
Annual Interest Rate
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Term of Loan
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Please consult a financial professional.
Calculator source: Real Geeks

Listing courtesy of Premiere Property Group, LLC. Selling Office: MORE Realty.

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 © 2026 RMLS of Portland, Oregon. All information provided is deemed reliable but is not guaranteed and should be independently verified. This content last updated on . Some properties which appear for sale on this web site may subsequently have sold or may no longer be available.