$998,900

3724 Se FRANKLIN St, Portland, OR 97202

3 beds |
2 baths |
3,452 sqft

Single-Family Home
Built in 1936
8,712sqft lot
1 car garage
$289/sqft
Listed 1 month ago

Property Description

OPEN SATURDAY (2/21/2026) 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 39k in Airbnb income. Both homes have separate fenced, private yards. [Home Energy Score = 2. HES Report at https://rpt.greenbuildingregistry.com/hes/OR10240391]

Listing Status:: Active
Date Added:: January 28, 2026
Data Last Updated:: February 28, 2026 at 7:41PM
Listing Office:: Mal & Seitz : 503-667-1200
Listing Agent:: Vedat Ersan : 503-816-1303
MLS ID:: 359628696

General: Ceiling fanHardwood floorsLaundryWasher dryer
Appliances: Convection ovenDishwasherFree standing rangeFree standing refrigeratorGas appliancesPantryRange hoodStainless steel appliance
Basement: Partially finished
A/C: Central airMini split
Heating: Forced airMini split
Fireplace: InsertWood burningFireplaceFireplaces: 1

General: Lap sidingWood sidingFencedPatioYard
Style: Capecod
Parking: DrivewayOn streetParking spaces: 1

Roofing: Composition
Windows: DoublePaneWindows
General: Concrete perimeter

Road/Access: Paved
Originating MLS: Regional Multiple Listing ServiceInc.
County: Multnomah

Zoning: WAVERLEIGH HTSBLOCK 43LOT 19&20R299187

Water: Public water
Sewer: Public sewer

Source: Regional Multiple Listing ServiceInc.

This listing courtesy of Vedat Ersan , Mal & Seitz

Monthly Payment

$Est. Payment

Principal & Interest $
Property Taxes $
Home Insurance $
VA Funding Fee $

Ready to Start a VA Loan?

Get Started

NMLS #1907 ^†

Get Prequalified »

Interest rates used in the VA mortgage calculator are shown for illustrative purposes only. Your rate may differ based on a variety of factors, including your credit score and the current market conditions. To get your personalized interest rate, start your quote online.

Location

Schools Nearby

Creston Elementary School

4701 SE Bush St, Portland, OR, 97206

Grades EE-5

0.54 miles away

Hosford Middle School

2303 SE 28th Pl, Portland, OR, 97214

Grades 6-8

0.79 miles away

Franklin High School

5405 SE Woodward St, Portland, OR, 97206

Grades 9-12

0.89 miles away

Disclaimer: School and School District information courtesy of the National Center for Education Statistics (NCES). School boundaries may change. Proximity to listed schools does not guarantee enrollment eligibility. Contact the school district for more information and exact boundaries.