Listing Courtesy of: Rochelle Yukich - Keller Williams Realty Professionals
503-546-9955
$690,000
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3504 SE SHERMAN St Portland, OR 97214
Single Family
Residence
2
Beds
2
Baths
...
Bed/Bath
2,006
Sq. Ft.
Property Activity
Time on Site
days
Days on Market
Views
Saves
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!
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MLS#
184222225
Property Type
Single Family
Status
Bedrooms
2
Bathrooms
Year Built
1912
Square Feet
2,006
sq. ft
Sewer
Public Sewer Available
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