3504 SE Sherman St, Portland, OR 97214

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.