Pending

Price cut: $15K (4/23)

$949,000

3724 SE Franklin St, Portland, OR 97202

5beds

3,452sqft

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Multi Family

Built in 1936

-- sqft lot

$-- Zestimate^®

$275/sqft

$-- HOA

What's special

Separate fenced private yardsLarge windowsNew kitchenHardwood floors

OPEN SATURDAY from 12-2pm. (5/30/2026) Unique listing with two homes on double lot in popular SE neighborhood. Perfect for multigenerational living, investors, occupy one home and rent the other via Airbnb or long term. Main house is a spacious 3 bed/2 bath Cape Cod home with updates throughout - new kitchen, bathrooms, large windows and hardwood floors. Large partially unfinished basement has lots of potential for use and add'l living space with its separate exterior door. The next door ADU was built in 2019 and with its separate mailing address offers many opportunities for add'l revenue stream. The permitted 2 bed/1.5 bath ADU had previous long term rental income of $2150/mo. and 39k in Airbnb income. Both homes have separate fenced, private yards. [Home Energy Score = 2. HES Report at https://rpt.greenbuildingregistry.com/hes/OR10240391]

141 days

91

2

Facts & features

Interior

Bedrooms & bathrooms

Bedrooms: 5
Bathrooms: 4
Full bathrooms: 4

Heating

Forced Air, Mini Split, Fireplace(s)

Cooling

Central Air, Air Conditioning

Appliances

Included: Washer/Dryer, Gas Water Heater

Features

Flooring: Hardwood
Windows: Window Coverings
Basement: Partially Finished,Storage Space

Interior area

Total structure area: 3,452
Total interior livable area: 3,452 sqft

Property

Parking

Total spaces: 1
Parking features: Driveway, Garage
Garage spaces: 1
Has uncovered spaces: Yes

Features

Stories: 2

Lot

Size: 8,712 Square Feet
Dimensions: 80 x 110
Features: Level, Private, SqFt 7000 to 9999

Details

Parcel number: R299187
Zoning: R5

Construction

Type & style

Home type: MultiFamily
Property subtype: Multi Family

Materials

Cement Siding, Lap Siding, Wood Siding
Foundation: Concrete Perimeter
Roof: Composition

Condition

Approximately
Year built: 1936

Utilities & green energy

Gas: Gas
Sewer: Public Sewer
Water: Public

Community & HOA

Community

Subdivision: Richmond

HOA

Has HOA: No

Location

Region: Portland

Financial & listing details

Price per square foot: $275/sqft
Annual tax amount: $10,992
Date on market: 1/28/2026
Cumulative days on market: 141 days
Listing terms: Cash,Conventional,FHA,VA Loan
Road surface type: Paved

Estimated market value

Not available

Estimated sales range

Not available

Price history

Date	Event	Price
6/4/2026	Pending sale	$949,000$275/sqft
Source: RMLS (OR) #359628696 Report a problem
4/23/2026	Price change	$949,000-1.6%$275/sqft
Source: RMLS (OR) #359628696 Report a problem
4/1/2026	Price change	$964,000-3.5%$279/sqft
Source: RMLS (OR) #359628696 Report a problem
3/28/2026	Listed for sale	$998,900$289/sqft
Source: RMLS (OR) #214604321 Report a problem
3/14/2026	Listing removed	$998,900$289/sqft
Source: RMLS (OR) #214604321 Report a problem
1/29/2026	Listed for sale	$998,900$289/sqft
Source: RMLS (OR) #359628696 Report a problem
2/4/2023	Listing removed	--
Source: Zillow Rentals Report a problem
12/26/2022	Listed for rent	$3,300+10%$1/sqft
Source: Zillow Rentals Report a problem
11/10/2021	Listing removed	--
Source: Zillow Rental Manager Report a problem
11/4/2021	Price change	$3,000+3.4%$1/sqft
Source: Zillow Rental Manager Report a problem
10/17/2021	Price change	$2,900-3.3%$1/sqft
Source: Zillow Rental Manager Report a problem
8/31/2021	Price change	$3,000-6.3%$1/sqft
Source: Zillow Rental Manager Report a problem
8/16/2021	Listed for rent	$3,200$1/sqft
Source: Zillow Rental Manager Report a problem

Public tax history

Tax history is unavailable.

Monthly payment

Est. payment

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All calculations are estimates and provided by Zillow, Inc. for informational purposes only. Actual amounts may vary.

HOA fees may include property taxes on listings classified as Co-Ops. Contact the listing agent and/or owner for fee details.

Mortgage interest rates are dependent on a number of factors, including credit score, down payment, and repayment length. Interest rate data provided by Zillow Group Marketplace, Inc. as of 1/1/1970 from various mortgage lenders with which we have lead or other similar arrangements; the Estimated Payment is an average of those rates.

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