Listing provided courtesy of Premiere Property Group, LLCMLS# 697905392MLS Provider
  • 60 days on site
  • 0 views

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.

Source: Regional MLS, MLS#: 697905392

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  • Property Type
    Residential

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  • Median Age
    36
  • Population Density
    9,926
  • College Educated
    69%
  • Estimated Median Income
    $74,871
  • Estimated Total Home Owners
    4,343
  • Estimated Total Renters
    9,709
  • Owner / Renter Divide
    31% / 69%
  • Estimated Average Household Size
    2
  • Total Population
    28,348
  • Community data courtesy of LiveBy, Inc.

Owning this Home

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* All calculations are estimates and provided by Reliance Network, for informational purposes only. Actual amounts may vary. ** Assumes 6.50% APR, 20% down payment, and conventional 30-year fixed rate first mortgage. Rates cited are for instructional purposes only; current rates are subject to change at any time without notice. You should not make any decisions based simply on the information provided. Additional required amounts such as taxes, insurance, homeowner association dues, assessments, mortgage insurance premiums, flood insurance or other such required payments should also be considered. Contact your mortgage company for current rates and additional information. Any mortgage broker or insurance agent that may appear is independent and is not affiliated with, endorsed by, or provided by the MLS.

Life at 3504 SE Sherman


Schools


School data courtesy of LiveBy, Inc.
Ratings are based on a scale of 1-5, with 5 being the highest rating and 1 being the lowest rating. The schools displayed on this website are for informational purposes only and may not represent a complete or up-to-date list. School assignments are subject to change and should be verified directly with the local school district. Please contact the appropriate school district to confirm school zoning and enrollment eligibility for this property.

History

Date Event Value Agent
5/19/2026Source: Regional MLS Status Change
Active
5/19/2026Source: Regional MLS Status Change
Active
5/7/2026Source: Regional MLS Status Change
Pending
5/7/2026Source: Regional MLS Status Change
Pending
5/1/2026Source: Regional MLS Added to Database
May 01, 2026
5/1/2026Source: Regional MLS Added to Database
May 01, 2026