3724 SE FRANKLIN ST Active Save Request In-Person Tour Request Virtual Tour
Portland,OR 97202
Key Details
Property Type Multi-Family
Listing Status Active
Purchase Type For Sale
Square Footage 3,452 sqft
Price per Sqft $304
Subdivision Richmond
MLS Listing ID 187095383
Year Built 1936
Annual Tax Amount $10,597
Lot Size 8,712 Sqft
Property Description
TWO separate homes! Air B&B? No HOA's! Welcome to this rare gem! Nestled on a double lot (80x100') in the heart of SE Portland's vibrant Richmond neighborhood, this meticulously updated 1936 Cape Cod home, paired with a modern 2019-built 800 sq ft ADU, offers timeless charm and exceptional income potential. Perfect for owner-occupants, investors, or multigenerational living, this property blends classic architecture with contemporary comforts, all just steps from Division St's trendy shops, eateries, and parks. Main Residence (3 Bed, 2 Bath,~2,160 sq ft):Step into a light-filled sanctuary featuring a remodeled kitchen with sleek stainless steel appliances, quartzite countertops, and custom cabinetry—ideal for culinary enthusiasts. The main-level master suite offers convenience and privacy, complemented by two additional bedrooms and an updated bath upstairs. Hardwood floors, fresh paint, and abundant natural light create a warm, inviting ambiance. The partially finished basement provides versatile space—think family room, home office, craft area, or extra storage—with a huge walk-in pantry and workshop. A newer roof, high-efficiency furnace, and central air conditioning ensure low-maintenance, year-round comfort. Accessory Dwelling Unit(2 Bed, 2 Bath, 800 sq ft):This feels-like brand-new 2019 ADU is a standout feature home, offering flexible income potential with long-term rent at ~$2,500/month or ~$45,000–$50,000/year as a permitted Airbnb. With two bedrooms, 1&1/2 baths, and a full kitchen, it's perfect for guests, extended family, or high-demand short-term rentals in this sought-after locale. Outdoor Haven: The expansive, fully fenced double lot is a gardener's dream, boasting mature fruit trees (cherries, apples, pears, and blueberries) and raised garden beds for farm-to-table living. A long driveway provides ample off-street parking, while the detached garage offers storage or creative space. Enjoy summer BBQs or quiet evenings in this private, lush oasis.
Location
State OR
County Multnomah
Area _143
Zoning R5
Interior
Heating Forced Air95 Plus, Mini Split
Cooling Central Air, Mini Split
Exterior
Garage Spaces 1.0
View City
Roof Type Composition
Building
Lot Description Level, Trees
Story 3
Sewer Public Sewer
Water Public Water
Schools
Elementary Schools Creston
Middle Schools Kellogg
High Schools Franklin
Others
Acceptable Financing Cash,Conventional,FHA,VALoan
Listing Terms Cash,Conventional,FHA,VALoan
Virtual Tour https://10.0.20.17/v2/system/propurl.asp?mlsid=249123753&typ=VIDEO_TOUR_1