3724 SE Franklin St, Portland, OR 97202
Local realty services provided by:Knipe Realty ERA Powered
Listed by: karolyn wold
Office: more realty
MLS#:187095383
Source:PORTLAND
Price summary
- Price:$1,050,000
- Price per sq. ft.:$304.17
About this home
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.
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Home facts
- Year built:1936
- Listing ID #:187095383
- Added:54 day(s) ago
- Updated:November 19, 2025 at 12:12 PM
Rooms and interior
- Living area:3,452 sq. ft.
Heating and cooling
- Cooling:Central Air
- Heating:Forced Air 90+, Mini Split
Structure and exterior
- Roof:Composition
- Year built:1936
- Building area:3,452 sq. ft.
- Lot area:0.2 Acres
Schools
- High school:Franklin
- Middle school:Kellogg
- Elementary school:Creston
Utilities
- Water:Public Water
- Sewer:Public Sewer
Finances and disclosures
- Price:$1,050,000
- Price per sq. ft.:$304.17
- Tax amount:$10,597
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