Listing provided courtesy of Premiere Property Group, LLC- MLS# 697905392MLS Provider

3504 SE ShermanPortland, OR 97214

Single Family · 2 Beds · 2 Full Baths · 2,006 Sq. ft.
$699,000 Active

3504 SE Sherman Overview

Time on Site:
59 days
Visits:
0

Live smart, earn more, and reimagine the possibilities in SE Portland. Vacant and ready for immediate occupancy, this charming 1912 duplex offers a rare opportunity to set your own rents, select your tenants, or create a flexible living scenario from day one. Ideally located on a quiet cul-de-sac in the sought-after Richmond neighborhood, just blocks from both Hawthorne and Division.This legally divided duplex is well-suited for owner-occupants, investors, or multi-generational living. Main level unit (3504) features classic hardwood floors, abundant natural light, and a spacious layout that lives like a true Portland bungalow. Upper unit (3506) is a well-appointed 1 bed/1 bath with private balcony access, ideal for rental income or extended living.Property features include hardwood floors, tiled bathrooms, private covered outdoor spaces (porch and balcony), and a shared 728 sq ft basement with on-site laundry and dedicated storage. Large backyard offers room for gardening or future development potential (buyer to verify). Improvements include professional-grade drainage system/drywell, sewer line, roof, reinforced detached garage with new door, updated plumbing and electrical, exterior handrail replacement and paint. Both units are currently vacant, offering the opportunity to reset rents and optimize performance. Potential to continue as a duplex or explore conversion to a single-family residence (buyer to perform due diligence). Enjoy close proximity to SE Portland's popular dining, shopping, and local amenities while tucked away on a low-traffic street.

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3504 SE Sherman Facts & Features

  • Type Single Family
  • Sq. ft. 2,006
  • Price/Sq.ft. $348

Details

General

School Information

  • Elementary School: Abernethy
  • Middle Or Junior School: Hosford
  • High School: Cleveland

Building Information

  • Year Built: 1912

Location/Region

  • Country: US
  • County Or Parish: Multnomah
  • MLS Area Major: 143 - Portland Southeast
  • Subdivision Name: RICHMOND/HAWTHORNE/DIVISION

Tax Information

  • Tax Annual Amount: 7020.2
  • Tax Year: 2025

General Information

  • Disclosures: Disclosure
  • Listing Terms: Cash,Conventional,FHA,VA Loan
  • Parcel Number: R277058
  • Property Condition: Resale
  • Property Sub Type: Single Family Residence
  • Property Type: Residential
  • Zoning: R5

Interior

Parking Information

  • Garage Spaces: 1.0

Beds/Baths

  • Bathrooms Full: 2
  • Bathrooms Partial: 0
  • Bathrooms Total: 2
  • Bedrooms Total: 2

Building Interior

  • Building Area Total: 2006.0

General Information

  • Appliances: Free-Standing Range,Free-Standing Refrigerator
  • Basement: Full Basement,Partially Finished
  • Cooling: None
  • Heating: Forced Air
  • Interior Features: Garage Door Opener,Hardwood Floors,Skylight(s),Washer/Dryer,Wood Floors
  • Stories: 2
  • Window Features: Wood Frames

Exterior

Parking Information

  • Parking Features: Driveway,On Street
  • Parking Total: 1.0

Lot Information

  • Lot Features: Corner Lot,Cul-de-sac
  • Road Surface Type: Concrete,Paved
  • Water Source: Public Water

Building Exterior/Construction

  • Architectural Style: Bungalow,Craftsman
  • Roof: Composition

General Information

  • Exterior Features: Covered Deck,Second Residence,Yard
  • Sewer: Public Sewer

3504 SE Sherman Neighborhood

Community

97214 (Portland) Demographics

36
Median Age
9,926
Population Density (per sq. mile)
69%
College Educated
$74,871
Estimated Median Income
4,343
Estimated Total Home Owners
9,709
Estimated Total Renters
31% / 69%
Estimated Owner / Renter Divide
2
Estimated Average Household Size
Community data courtesy of LiveBy, Inc.

Schools

School data courtesy of LiveBy, Inc. School ratings are based on a scale of 1-5, with 5 being the highest rating and 1 being the lowest rating.
* All calculations are estimates and provided by Reliance Network, for informational purposes only. Actual amounts may vary. ** Assumes 6.50% APR, 20% down payment, and conventional 30-year fixed rate first mortgage. Rates cited are for instructional purposes only; current rates are subject to change at any time without notice. You should not make any decisions based simply on the information provided. Additional required amounts such as taxes, insurance, homeowner association dues, assessments, mortgage insurance premiums, flood insurance or other such required payments should also be considered. Contact your mortgage company for current rates and additional information. Any mortgage broker or insurance agent that may appear is independent and is not affiliated with, endorsed by, or provided by the MLS.

3504 SE Sherman Market Data

Based on the last 30 days in this zip code

$703,130
Average List Price
$336
Average Price per Square Foot
22
Properties Sold
56
Average Days on Market
69
Properties for Sale
Calculations provided by Reliance Network

3504 SE Sherman History

Date Event Value Agent
5/19/2026Source: Regional MLS Status Change
Active
5/19/2026Source: Regional MLS Status Change
Active
5/7/2026Source: Regional MLS Status Change
Pending
5/7/2026Source: Regional MLS Status Change
Pending
5/1/2026Source: Regional MLS Added to Database
May 01, 2026
5/1/2026Source: Regional MLS Added to Database
May 01, 2026