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3724 SE FRANKLIN ST Portland, OR $ 998,900
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$ 998,900 Get more info
3724 SE FRANKLIN ST
$ 998,900
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Open House 1/31 12pm - 3pm
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3724 SE FRANKLIN ST

Portland, OR, 97202
$ 998,900
Bedrooms5 Baths4.0 Sq 3,452

Monthly Estimate*

$ 6,150

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Multi-Family Home for sale in Portland, OR

for $998,900 with 5 bedrooms and 4 full baths. This 3,452 square foot home was built in 1936 on a lot size of 0.2.

OPEN SATURDAY (1/31/2026) from 12 to 3pm. 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 38k-42k in Airbnb income. Both homes have separate fenced, private yards. [Home Energy Score = 2. HES Report at https://rpt.greenbuildingregistry.com/hes/OR10240391]

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Open House

1/31/2026 12:00 PM - 3:00 PM
3724 SE FRANKLIN ST Portland, OR
* Some states or local ordinances may prohibit Open Houses at this time, please confirm with your Weichert agent or local rep to confirm
Multi-Family Active

Price

$ 998,900

Bedrooms

5

Full Bath

4

Property Type

Multi-Family

Taxes

$ 10,992

Style

Lot Size

0.2

Year Built

1936

Town/City

Portland

County/Region

Multnomah

MLS | Web ID

214604321
Features
General
Sewer PublicSewer
Heating ForcedAir MiniSplit
Cooling CentralAir MiniSplit
Roof Composition
Zoning R5
Garage Spaces 1.0
Year Built 1936
Stories Count 2
Parcel Number R299187
Gross Income 76800.0
County Multnomah
Net Operating Income 62203.0
Operating Expense 14597.0
Property Type MultiFamily
HOA N
Subdivision Name Richmond
Rent Includes None
Status Active
Directions SE 39th to S on Franklin
High School Franklin
City Portland
Disclosures Disclosure
Number Of Units Total 2
MLS Area _143
Lot Size Square Feet 8712.0
Listing Terms Cash Conventional FHA VALoan
Elementary School Creston
Tax Annual Amount 10992.18
Middle/Junior High School Kellogg
Property Condition Approximately
Standard Status Active
Accessory Dwelling Unit Y/N N
Legal Description WAVERLEIGH HTS BLOCK 43 LOT 19&20
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Interior
Basement PartiallyFinished
Storage Basement
Hot Water Gas
Unit 1 Baths Total 2
Unit 1 Beds Total 3
Unit 2 Baths Total 2
Unit 2 Beds Total 2
Unit Type UnitTypeType1 UnitTypeType2
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Exterior
Parking Features Driveway Garage
Lot Features Level Private
Water Source PublicWater
Exterior Description CementSiding LapSiding WoodSiding
Foundation Details ConcretePerimeter
Building Area Total 3452.0
Lot Dimensions 800x1100
Lot Size Acres 0.2
Road Surface Type Paved
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Internal Only
Street Number 1 3724
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* Excluded Features
List By
Mal & Seitz

Broker

vedatpdx@gmail.com

Email

Affordability Calculator

$7,066
Per Month
87%
13%
0%
Monthly Principal & Interest
$6,150
Monthly Property Taxes
$916
Monthly Home Insurance
--
Default based on a 30-year fixed rate of 6.25% with 20% down. The estimated payment is offered for convenience and is not an offer of credit. Due to market fluctuations, interest rates are subject to change at any time and without notice. Your individual rate may vary. Rates may differ for FHA, VA or jumbo loans.
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Nearby
1949127 Elementary School
3483333 Middle School
Franklin High School High School
See complete school information
Pricing History
DatePricePrice ChangeDescription
1/29/2026$998,900 Listed Price

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3724 SE FRANKLIN ST, Portland, OR, 97202 is a Multi-Family Home for sale at $998,900 with 3,452 sqft and a lot size of 0.2. 3724 SE FRANKLIN ST has 5 bedrooms, 4.0 baths, and was built in 1936. The property's zip code is 97202 which is in Portland, OR

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