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Tim Penner

MORE Realty

concierge@pennergroupproperties.com +1(971) 777-3137

Listed by Keller Williams Realty Professionals

$699,000

Est. payment - /mo

2 Beds

2 Baths

2,006 SqFt

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Open House

Sat Apr 18, 11:00am - 1:00pm

UPDATED:

Key Details

Property Type Single Family Home

Sub Type Single Family Residence

Listing Status Active

Purchase Type For Sale

Square Footage 2,006 sqft

Price per Sqft $348

Subdivision Richmond/Hawthorne/Division

MLS Listing ID 500428400

Style Bungalow, Craftsman

Bedrooms 2

Full Baths 2

HOA Y/N No

Year Built 1912

Annual Tax Amount $7,020

Tax Year 2025

Property Sub-Type Single Family Residence

Property Description

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.

Location

State OR

County Multnomah

Area _143

Zoning R5

Rooms

Basement Full Basement, Partially Finished

Interior

Interior Features Garage Door Opener, Hardwood Floors, Skylight, Washer Dryer, Wood Floors

Heating Forced Air

Cooling None

Appliance Free Standing Range, Free Standing Refrigerator

Exterior

Exterior Feature Covered Deck, Second Residence, Yard

Parking Features Detached

Garage Spaces 1.0

Roof Type Composition

Garage Yes

Building

Lot Description Corner Lot, Cul_de_sac

Story 2

Sewer Public Sewer

Water Public Water

Level or Stories 2

Schools

Elementary Schools Abernethy

Middle Schools Hosford

High Schools Cleveland

Others

Senior Community No

Acceptable Financing Cash, Conventional, FHA, VALoan

Listing Terms Cash, Conventional, FHA, VALoan

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Regional Multiple Listing Service (RMLS)

NEARBY SCHOOL & BUSINESS

+1(971) 777-3137

concierge@pennergroupproperties.com

9792 SW Nimbus Ave, Beaverton, OR, 97008, USA

3504 SE Sherman Portland, OR 97214