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$934,000
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Property Description
OPEN SATURDAY from 12-2pm. (5/30/2026) 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
Full Property Details for 3724 SE Franklin St
General
- Sold For: $934,000
- Taxes: $10,992
- Status: Sold
- Type: Multi-Family
- Source: RWMLS
- MLS ID: 214604321
- Added to Site: 187 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
- Midd School District: Kellogg
- 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
- Disclosures/Reports: Disclosure
- Property ID: R299187
Listed by Mal & Seitz (503) 667-1200, Vedat Ersan (503) 816-1303
Sold by Think Real Estate (503) 847-2722, Chandra Noble-Ashford
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Schools
Schools serving 3724 SE Franklin St
School District:Portland School District 1j
| Name | Grades | Distance |
|---|---|---|
Creston Elementary School, Portland, OR 4701 Southeast Bush Street, Portland, OR 97206 | K-5 | 0.6 mi |
Hosford Middle School 2303 Southeast 28th Place, Portland, OR 97214 | 6-8 | 0.8 mi |
Franklin High School, Portland, OR 5405 Southeast Woodward Street, Portland, OR 97206 | 9-12 | 0.9 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 3724 SE Franklin St
Date
Details
Price
Change
Source
7/31/2026
Sold
$934,000
-1.58%
MLS
4/22/2026
Price Reduced
$949,000
-1.56%
MLS
4/01/2026
Price Reduced
$964,000
-3.49%
MLS
1/28/2026
Listed
$998,900
—
MLS
Disclaimer: Historical sales information is derived from public records provided by the county offices. Information is not guaranteed and should be independently verified.
3724 SE Franklin St, Portland, OR 97202 (MLS# 214604321) is a Multi-Family property that was sold at $934,000 on July 31, 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.

