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$998,900

  • For Sale
  • Active
  • Multi-Family
  • Updated 3 hours ago

Next open house:

Open House: 12:00 PM - 3:00 PM

Saturday 2/21 12:00 PM - 3:00 PM

3724 SE Franklin St,Portland, OR 97202

3724 SE Franklin StPortlandOR97202

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OPEN SATURDAY (2/21/2026) from 12 to 3pm. Unique listing with two homes on double lot in popular SE neighborhood. Perfect for multigenerational living, investors, occupy one home and rent the other via Airbnb or long term. Main house is a spacious 3 bed/2 bath Cape Cod home with updates throughout - new kitchen, bathrooms, large windows and hardwood floors. Large partially unfinished basement has lots of potential for use and add'l living space with its separate exterior door. The next door ADU was built in 2019 and with its separate mailing address offers many opportunities for add'l revenue stream. The permitted 2 bed/1.5 bath ADU had previous long term rental income of $2150/mo. and 39k in Airbnb income. Both homes have separate fenced, private yards. [Home Energy Score = 2. HES Report at https://rpt.greenbuildingregistry.com/hes/OR10240391]

Full Property Details for 3724 SE Franklin St

General

  • Price: $998,900
  • Taxes: $10,992
  • Status: Active
  • Type: Multi-Family
  • Source: RWMLS
  • MLS ID: 214604321
  • Updated: 2/20/2026
  • Added to Site: 24 day(s) ago

Rental Information

  • Rent Includes: None

Parking

  • Garage: Yes
  • Parking Features: Driveway, Garage

Location

  • County: Multnomah
  • Subdivision: Richmond
  • Driving Directions: SE 39th to S on Franklin

School Information

  • Elementary School: Creston
  • Middle School: Kellogg
  • High School: Franklin

Community

  • Community Name: 143 - Portland Southeast

Heating & Cooling

  • Central air: Yes
  • Air Conditioning: Yes
  • Cooling Type: Central Air, Mini Split
  • Heating Type: Forced Air, Mini Split
  • Heating Fuel: Electricity, Gas

Utilities

  • Sewer: Public Sewer
  • Water: Public Water

Structural Information

  • Property Detached: Yes
  • Basement Desc.: Partially Finished
  • Roof: Composition
  • Stories/Levels: 2
  • Square Feet: 3,452
  • Year Built: 1936
  • Property Condition: Approximately

Lot Features

  • Lot Size (Acres): 0.2
  • Lot Size (Sq. Ft.): 8,712
  • Lot Size: 7, 000 to 9, 999 SqFt
  • Lot Dimensions: 80 x 110
  • Frontage: Paved
  • Lot Features: Level, Private

Green Features

  • Green Certified: Yes

Financial Considerations

  • Operating Expenses: $14,597
  • Tax Amount: $10,992.18
  • Terms: Cash, Conventional, FHA, VA Loan

Disclosures and Reports

  • Legal Description: WAVERLEIGH HTS, BLOCK 43, LOT 19&20
  • Disclosures/Reports: Disclosure
  • Property ID: R299187

Listed by Mal & Seitz (503) 667-1200, Vedat Ersan (503) 816-1303

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Listing agent

— 3724 SE Franklin St —

  • Vedat Ersan

    Mal & Seitz

    503-667-1200

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NMLS#: 1598647

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Be ready to buy your new home!

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NMLS#: 1598647

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Find the right home insurance for your new home!

with our affiliated in-house agency

Request a Quote

Save up to an additional 20% by bundling your home and auto together!

Schools serving 3724 SE Franklin St

School District:Portland School District 1j
NameGradesDistance
Creston Elementary School, Portland, OR
4701 Southeast Bush Street, Portland, OR 97206
K-50.6 mi
Hosford Middle School
2303 Southeast 28th Place, Portland, OR 97214
6-80.8 mi
Franklin High School, Portland, OR
5405 Southeast Woodward Street, Portland, OR 97206
9-120.9 mi
Disclaimer: School attendance boundaries provided by Pitney Bowes and are for reference only. Contact the school directly to verify enrollment eligibility.

Price & Sales History for 3724 SE Franklin St Get Price Alerts and Save Property

Date
Details
Price
Change
Source
1/28/2026
Listed
$998,900
162.94%
MLS
12/21/2007
Sold
$379,900
—
Public Record
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Disclaimer: Historical sales information is derived from public records provided by the county offices. Information is not guaranteed and should be independently verified.

Tax History for 3724 SE Franklin St

Year
Property Taxes
Change
Tax Assessment
Change
2025
$10,992
4%
$407,950
3%
2024
$10,597
4%
$396,070
3%
2023
$10,190
4%
$384,540
6%
2021
$9,800
-2%
$362,470
-3%
2022
$9,969
2%
$373,340
6%
2021
$9,800
10%
$351,920
3%
2019
$8,928
11%
$341,670
8%
2018
$8,050
35%
$317,690
33%
2017
$5,964
9%
$238,430
3%
2016
$5,458
3%
$231,490
3%
2015
$5,315
2%
$224,750
3%
2014
$5,235
2%
$218,210
3%
2013
$5,113
—
$211,860
—
View All
Disclaimer: Historical tax information is derived from public records provided by the county offices. Information is not guaranteed and should be independently verified.

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Listed by Mal & Seitz (503) 667-1200, Vedat Ersan (503) 816-1303

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3724 SE Franklin St, Portland, OR 97202 (MLS# 214604321) is a Multi-Family property with 2 units containing 0 bedrooms and 0 full bathrooms. 3724 SE Franklin St is currently listed for $998,900 and was received on January 28, 2026. Want to learn more about 3724 SE Franklin St? 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.

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