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$625,000
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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.
Full Property Details
Full Property Details for 3504 SE Sherman
General
- Sold For: $625,000
- Taxes: $7,020 (2025)
- Status: Sold
- Type: Single Family
- Source: RWMLS
- MLS ID: 697905392
- Added to Site: 175 day(s) ago
Interior
- Interior Features: Garage Door Opener, Hardwood Floors, Skylight(s), Washer/Dryer, Wood Floors
- Appliances: Free-Standing Range, Free-Standing Refrigerator
Rooms
Bathrooms
- Total Bathrooms: 2
- Full Bathrooms: 2
- Upper - Full Baths: 1
Bedrooms
- Total Bedrooms: 2
- Primary Bedroom: Main
- Bedroom 2: Upper
Other Rooms
- Living Room: Main
- Kitchen: Main
- 2nd Kitchen: Upper
- Dining Room: Main
Exterior
- Exterior Features: Covered Deck, Second Residence, Yard
Parking
- Garage: Yes
- Total Spaces: 1
- Parking Features: Driveway, On Street
Location
- County: Multnomah
- Subdivision: RICHMOND/HAWTHORNE/DIVISION
- Driving Directions: SE 34th to Sherman - end of cul-de-sac
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
- Heating Fuel: Electricity, Gas
Utilities
- Sewer: Public Sewer
- Water: Public Water
Structural Information
- Property Detached: Yes
- Architectural Style: Bungalow, Craftsman
- Basement Desc.: Full Basement, Partially Finished
- Roof: Composition
- Windows: Wood Frames
- Stories/Levels: 2
- Square Feet: 2,006
- Year Built: 1912
- Property Condition: Resale
Lot Features
- Lot Size: 5, 000 to 6, 999 SqFt
- Frontage: Concrete, Paved
- Lot Features: Corner Lot, Cul-de-sac
Financial Considerations
- Tax Amount: $7,020.2
- Tax Year: 2025
- 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
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Schools
Schools serving 3504 SE Sherman
School District:Portland School District 1j
| Name | Grades | Distance |
|---|---|---|
Abernethy Elementary School 2421 Southeast Orange Avenue, Portland, OR 97214 | K-5 | 1.1 mi |
Hosford Middle School 2303 Southeast 28th Place, Portland, OR 97214 | 6-8 | 0.4 mi |
Cleveland High School, Portland, OR 3400 Southeast 26th Avenue, Portland, OR 97202 | 9-12 | 0.7 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.
3504 SE Sherman, Portland, OR 97214 (MLS# 697905392) is a Single 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 Single Family real estate for sale in Portland? You can browse all Portland real estate or contact a Coldwell Banker agent to request more information.

