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$625,000

  • Sold
  • Sold
  • Multi-Family
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$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.

Full Property Details for 3504 SE Sherman

General

  • Sold For: $625,000
  • Taxes: $7,020 (2024)
  • Status: Sold
  • Type: Multi-Family
  • Source: RWMLS
  • MLS ID: 640952244
  • Added to Site: 175 day(s) ago

Rental Information

  • Rent Includes: Trash Collection

Parking

  • Garage: Yes
  • Total Spaces: 2
  • Parking Features: Driveway, Garage

Location

  • County: Multnomah
  • Subdivision: RICHMOND/HAWTHORNE/DIVISION
  • Driving Directions: SE 34th to Sherman - end of cul-de-sac - R

School Information

  • Midd School District: Hosford
  • Elementary School: Abernethy
  • Middle School: Hosford
  • High School: Cleveland

Community

  • Community Name: 143 - Portland Southeast

Heating & Cooling

  • Cooling Type: None
  • Heating Type: Forced Air, Wall Furnace
  • Heating Fuel: Electricity, Gas

Utilities

  • Sewer: Public Sewer
  • Water: Public Water

Structural Information

  • Property Detached: Yes
  • Basement Desc.: Exterior Entry, Unfinished
  • Roof: Composition
  • Stories/Levels: 3
  • Square Feet: 2,006
  • Year Built: 1912
  • Property Condition: Restored

Lot Features

  • Lot Size: 5, 000 to 6, 999 SqFt
  • Frontage: Concrete, Paved
  • Lot Features: Cul-de-sac, Level

Financial Considerations

  • Operating Expenses: $11,770
  • Tax Amount: $7,020.2
  • Tax Year: 2024
  • Terms: Cash, Conventional, FHA, VA Loan

Disclosures and Reports

  • Disclosures/Reports: Disclosure
  • Property ID: R277058

Listed by Premiere Property Group, LLC (503) 670-9000, Rochelle Yukich (503) 926-2469
Sold by MORE Realty (503) 353-6673, Jacob Wathen

Listing agent

— 3504 SE Sherman —

  • Rochelle Yukich

    Premiere Property Group, LLC

    503-670-9000

Get Pre-Approved Today

Be ready to buy your new home!

with our affiliated lender
NMLS#: 1598647

Get Pre-Approved

Be ready to buy your new home!

with our affiliated lender
NMLS#: 1598647

Get Pre-Approved

Schools serving 3504 SE Sherman

School District:Portland School District 1j
NameGradesDistance
Abernethy Elementary School
2421 Southeast Orange Avenue, Portland, OR 97214
K-51.1 mi
Hosford Middle School
2303 Southeast 28th Place, Portland, OR 97214
6-80.4 mi
Cleveland High School, Portland, OR
3400 Southeast 26th Avenue, Portland, OR 97202
9-120.7 mi
Disclaimer: School attendance boundaries provided by ATTOM Data Solutions and are for reference only. Contact the school directly to verify enrollment eligibility.

Price & Sales History for 3504 SE Sherman

Date
Details
Price
Change
Source
8/07/2026
Sold
$625,000
—
MLS
7/13/2026
Price Reduced
$625,000
-10.59%
MLS
4/15/2026
Listed
$699,000
—
MLS
Disclaimer: Historical sales information is derived from public records provided by the county offices. Information is not guaranteed and should be independently verified.

Listed by Premiere Property Group, LLC (503) 670-9000, Rochelle Yukich (503) 926-2469
Sold by MORE Realty (503) 353-6673, Jacob Wathen

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10911 SE Myrtle St, Milwaukie, OR 97222 - Photo 1 Just Listed
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10911 SE Myrtle St  Milwaukie, OR 97222

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8123 SE Roots Rd  Milwaukie, OR 97267

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Listed by Harcourts Real Estate Network Group, John McClung

Price Reduced near 3504 SE Sherman

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10400 SE Cook Ct, Milwaukie, OR 97222 - Photo 1 Price Reduced
-$5,000 (-3.57%)
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16677 SE Kingsridge Ct, Milwaukie, OR 97267 - Photo 1 Price Reduced
-$10,000 (-1.72%)
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16677 SE Kingsridge Ct  Milwaukie, OR 97267

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  • 1,832
    Sq. Ft.
Listed by Premiere Property Group, LLC, Denise Spanke
13159 SE Sprout Ln, Milwaukie, OR 97222 - Photo 1 Price Reduced
-$40,000 (-4.37%)
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13159 SE Sprout Ln  Milwaukie, OR 97222

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6675 SE Kern Ct, Milwaukie, OR 97267 - Photo 1 Price Reduced
-$24,000 (-4.37%)
$525,000

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  • 3
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    Sq. Ft.
Listed by Cochran Property Group Inc., Kim Elbel

Recent Sales near 3504 SE Sherman

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3504 SE Sherman, Portland, OR 97214 - Photo 1 Sold
$625,000

3504 SE Sherman  Portland, OR 97214

  • Single Family
  • Sold
  • 2
    Beds
  • 2
    Total Baths
  • 2,006
    Sq. Ft.
Listed by Premiere Property Group, LLC, Rochelle Yukich
Sold by MORE Realty, Jacob Wathen
3716 SE Grant Ct, Portland, OR 97214 - Photo 1 Sold
$570,400

3716 SE Grant Ct  Portland, OR 97214

  • Single Family
  • Sold
  • 2
    Beds
  • 1
    Total Bath
  • 1,728
    Sq. Ft.
Listed by Neighbors Realty, Samantha Fuqua and Neighbors Realty, Kelley Hutchison
Sold by Real Broker, Brandon Buchanan
2934 SE 35th Ave, Portland, OR 97202 - Photo 1 Sold
$653,000

2934 SE 35th Ave  Portland, OR 97202

  • Single Family
  • Sold
  • 4
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  • 2
    Total Baths
  • 2,693
    Sq. Ft.
Listed by Urban Nest Realty, Alexander Ney
Sold by Urban Nest Realty, Natasha Blass
4022 SE Caruthers St, Portland, OR 97214 - Photo 1 Sold
$575,000

4022 SE Caruthers St  Portland, OR 97214

  • Single Family
  • Sold
  • 2
    Beds
  • 1
    Total Bath
  • 1,656
    Sq. Ft.
Listed by Neighborhood Works, Joel Roth
Sold by A Group Real Estate, Amy Savage

3504 SE Sherman, Portland, OR 97214 (MLS# 640952244) is a Multi-Family property that was sold at $625,000 on August 07, 2026. Want to learn more about 3504 SE Sherman? Do you have questions about finding other Multi-Family real estate for sale in Portland? You can browse all Portland real estate or contact a Coldwell Banker agent to request more information.