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3504 SE Sherman

Portland, OR 97214

$699,000

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… Read MoreRead Less

Listing courtesy of Keller Williams Realty Professionals.

Listing Snapshot

Days Online

Last Updated

Apr 16, 2026

Square Ft.

2,006

Year Built

1912

MLS Number

116919276

30 Days Snapshot Of 97214

$751k

+16%

(avg) sold price

+36%

homes sold

-43%

(avg) days on market

Snapshot

Area Map

Additional Details

Property Access

Road Surface Type: Concrete, Paved

Basement

Basement: ExteriorEntry, Unfinished

Building

Building Area Total: 2006, Built in 1912, Storage: Basement, IndividualStorageUnits, Stories: 3, Unit Type Type: UnitTypeType1, UnitTypeType2

Community

Community Features: Commons, Laundry

Cooling

Cooling: None

Disclosures

Disclosures: Disclosure

Expenses

Operating Expense Scheduled: 12000, Operating Expense: $11,770

Exterior Features

Exterior Description: LapSiding

Foundation

Foundation Details: ConcretePerimeter

Garage

Garage Spaces: 1

Heating

Heating: ForcedAir, WallFurnace

Income

CAP Rate: 3.89, Gross Income: $38,940, Gross Rent Multiplier: 17.95, Gross Scheduled Income: $45,480, Net Operating Income: $27,170, Net Scheduled Income: 33480

Lot

Features: Cul_de_sac, Level, Size Range: SqFt5000to6999, Size: 5,000 to 6,999 SqFt

Parking

Features: Driveway, Garage, 2 total parking spots

Property

Number Of Units Total: 2, Property Condition: Restored, Zoning: R5

Roof

Roof: Composition

Sewer

Sewer: PublicSewer

Taxes

Annual Amount: $7,020, Legal Description, Tax Year: 2024

Unit One

Actual Rent: $1,645, Area: 778, Features: Range, Refrigerator, Storage, WoodFloors, Units Total: 1, 1 total bathroom, 1 total bedroom

Unit Two

Actual Rent: $1,600, Area: 500, Features: Deck, Range, Refrigerator, WoodFloors, Units Total: 1, 1 total bathroom, 1 total bedroom

Utilities

Fuel Description: Electricity, Gas, Hot Water Description: Gas, Water Source: PublicWater

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The content relating to real estate for sale on this web site comes in part from the IDX program of the RMLS of Portland, Oregon. Real estate listings held by brokerage firms other than Living Room Realty are marked with the RMLS logo, and detailed information about these properties includes the names of the listing brokers. Listing content is copyright © 2026 RMLS, Portland, Oregon.

All information provided is deemed reliable but is not guaranteed and should be independently verified.

This content last updated on Apr 16, 2026. Some properties which appear for sale on this web site may subsequently have sold or may no longer be available.
This content last updated on Apr 16, 2026. Some properties which appear for sale on this web site may subsequently have sold or may no longer be available.

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