3724 SE FRANKLIN ST Portland, OR 97202
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Price:
$1,050,000
Units:
2
Acres:
0.2
Unit 1:
3 Bed 2.0 Bath
Features: Air Conditioning, Fireplace, Hardwood Floors, Refrigerator
Unit 2:
2 Bed 2.0 Bath
Features: Air Conditioning, Unfurnished, Washer/Dryer Hookup, Window Coverings
MLS#:
187095383
Lot Size:
7,000 to 9,999 SqFt
Type:
Multi
Zone:
R5
Yr Built:
1936
Taxe/yr:
$10,597.01
County:
Multnomah
Status:
Active
Levels:
3
Heat:
Forced Air - 95+%, Mini Split
Nhood/Bldg:
Richmond
View:
City
Elem:
Creston
Middle:
Kellogg
High:
Franklin
Lot Desc:
Level, Trees
Area:
Portland Southeast
Courtesy of:
MORE Realty
Remarks:
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.

We’ll get back to you as soon as we’re able. But if you need us sooner, feel free to call Brian at 503-810-2219 with your questions.


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