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3724 SE FRANKLIN St Portland, OR 97202

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For Sale
$949,000

MULTI_FAMILY - Portland, OR

Property size:
3,452 SF
Lot size:
0.20 Acres
Price / SF:
$274/SF
Added:
Jan 28, 2026
Days on Market:
88
Last Refresh:
Apr 26 at 4:06 pm

Property Features for 3724 SE FRANKLIN St

General Information

Property type
Residential Multi Family
Property subtype
Other
Zoning
R5
Bedrooms
5
Bathrooms
4
Rooms
Bathroom 1, Bedroom 5, Bedroom 1, Bedroom 4, Bathroom 4, Bathroom 3, Bedroom 2, Bedroom 3, Bathroom 2
Standard status
Active
APN
R299187
Size
3,452 SF
Lot size
0.20 Acres

Taxes and HOA fees

Tax Description
WAVERLEIGH HTS, BLOCK 43, LOT 19&20
Tax Annual Amount
10992

Utilities

Heating system
Forced Air
Cooling system
Central Air

Building Details

Year built
1936
Floors in Building
2
Number of units
2
Roof type
Composition

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Listing Contact
Vedat Ersan

Listing agent Vedat Ersan

Listing office Mal & Seitz 532 N Main Ave, Vancouver, OR

Listing date Jan 28, 2026

MLS# 214604321 Listing URL

Copyright © 2026 Regional Multiple Listing Services. All rights reserved. All information provided by the listing agent/broker is deemed reliable but is not guaranteed and should be independently verified.


Overview

Two Homes on Double Lot

This unique property features two homes situated on a double lot within a popular Southeast Portland neighborhood. The property is suitable for multi-generational living or investment purposes, offering the option to occupy one home and rent out the other through platforms like Airbnb or as a long-term rental. The main house is a Cape Cod style home featuring three bedrooms and two bathrooms. It has been updated with a new kitchen, bathrooms, large windows, and hardwood floors. The spacious, partially unfinished basement offers potential for additional living space and has a separate exterior door. The adjacent Accessory Dwelling Unit (ADU), constructed in 2019, has its own mailing address and presents opportunities for additional revenue. This permitted ADU includes two bedrooms and one and a half bathrooms. It has generated previous long-term rental income of $2150 per month and $39,000 in Airbnb income. Both homes have separate fenced, private yards. The property size is 3452 square feet and the lot size is 0.2 acres.
Property Profile Insight Report Location Intelligence

Current Use by Public Records

Duplexes

Suggested Use

Real Estate Agency Law Firm Restaurant Spa & Massage Center Dental Office Hair Salon Nail Salon Building Supply Gym & Fitness Center Daycare Center

Zoning and permitted uses should be independently verified with local authorities.

Location Insight

  • Map
  • Local Demand
City
Portland
County
Washington
State
Oregon
Longitude
-122.624709
Latitude
45.498855

FAQs

What type of property is this?
Duplex - Two homes on a double lot in Southeast Portland.
Where is this duplex located?
The property is located at 3724 SE FRANKLIN St Portland, OR.
What is the asking price?
The asking price for this property is $949,000.
What are key features of this property?
This property features: Two homes on a double lot: **3 bed/2 bath main house** and a **permitted 2 bed/1.5 bath ADU** with separate mailing address.; **Significant income potential:** ADU previously generated $2150/month in long‑term rental income and $39k annually via Airbnb.; Ideal for multigenerational living or investment: live in one home and rent the other.
More about this property
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