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Steve Studley

[email protected] +1(360) 606-8816

Listed by MORE Realty • 503-860-3664

$ 1,200,000

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Open Sun 12PM-3PM

3724 SE FRANKLIN ST Portland, OR 97202

3 Beds

2 Baths

3,452 SqFt

OPEN HOUSE

Sun Aug 10, 12:00pm - 3:00pm

UPDATED:

Key Details

Property Type Single Family Home

Sub Type Single Family Residence

Listing Status Active

Purchase Type For Sale

Square Footage 3,452 sqft

Price per Sqft $347

Subdivision Richmond

MLS Listing ID 249123753

Style Capecod

Bedrooms 3

Full Baths 2

Year Built 1936

Annual Tax Amount $10,597

Tax Year 2024

Lot Size 8,712 Sqft

Property Sub-Type Single Family Residence

Property Description

Welcome to a Rare Gem! Nestled on a spacious 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. Open Sunday 12-3! [Home Energy Score = 2. HES Report at https://rpt.greenbuildingregistry.com/hes/OR10240391]

Location

State OR

County Multnomah

Area _143

Rooms

Basement Partially Finished

Interior

Interior Features Ceiling Fan, Hardwood Floors, High Ceilings, Laundry, Washer Dryer

Heating Forced Air, Mini Split

Cooling Central Air

Fireplaces Number 1

Fireplaces Type Wood Burning

Appliance Convection Oven, Dishwasher, Free Standing Range, Free Standing Refrigerator, Gas Appliances, Pantry, Range Hood, Solid Surface Countertop, Stainless Steel Appliance

Exterior

Exterior Feature Fenced, Patio, Raised Beds, Storm Door, Yard

Parking Features Detached

Garage Spaces 1.0

View City

Roof Type Composition

Garage Yes

Building

Lot Description Level, Trees

Story 3

Sewer Public Sewer

Water Public Water

Level or Stories 3

Schools

Elementary Schools Creston

Middle Schools Kellogg

High Schools Franklin

Others

Senior Community No

Acceptable Financing Cash, Conventional, FHA, VALoan

Listing Terms Cash, Conventional, FHA, VALoan

Virtual Tour https://youtu.be/HAImPiXBKxQ?si=xLpGkuh3NMpsw_Bd

Regional Multiple Listing Service (RMLS)

Steve Studley

CEO/Agent | License ID: 112629

+1(360) 606-8816

Steve Studley

3724 SE FRANKLIN ST Portland, OR 97202

OPEN HOUSE

Key Details

Location

Rooms

Interior

Exterior

Building

Schools

Others

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3724 SE FRANKLIN ST