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. [Home Energy Score = 2. HES Report at https://rpt.greenbuildingregistry.com/hes/OR10240391]
Active
$1,200,000
3724 SE Franklin St, Portland, OR 97202
3beds
3,452sqft
Est.:
Residential, Single Family Residence
Built in 1936
8,712 Square Feet Lot
$-- Zestimate®
$348/sqft
$-- HOA
What's special
Sleek stainless steel appliancesVersatile spaceRemodeled kitchenSpacious double lotAbundant natural lightHardwood floorsOff-street parking
- 14 days
- on Zillow |
- 776 |
- 29 |
Zillow last checked: 7 hours ago
Listing updated: 20 hours ago
Listed by:
Karolyn Wold 503-860-3664,
MORE Realty
Source: RMLS (OR),MLS#: 249123753

Travel times
Tour with a buyer's agent
Tour with a buyer's agent
Facts & features
Interior
Bedrooms & bathrooms
- Bedrooms: 3
- Bathrooms: 2
- Full bathrooms: 2
- Main level bathrooms: 1
Rooms
- Room types: Bonus Room, Bedroom 2, Bedroom 3, Dining Room, Family Room, Kitchen, Living Room, Primary Bedroom
Primary bedroom
- Level: Main
- Area: 169
- Dimensions: 13 x 13
Bedroom 2
- Level: Upper
- Area: 195
- Dimensions: 13 x 15
Bedroom 3
- Level: Upper
- Area: 143
- Dimensions: 13 x 11
Dining room
- Level: Main
- Area: 168
- Dimensions: 14 x 12
Family room
- Level: Lower
- Area: 299
- Dimensions: 23 x 13
Kitchen
- Level: Main
- Area: 216
- Width: 12
Living room
- Level: Main
- Area: 294
- Dimensions: 21 x 14
Heating
- Forced Air, Mini Split, Forced Air 95 Plus
Cooling
- Central Air
Appliances
- Included: Convection Oven, Dishwasher, Free-Standing Range, Free-Standing Refrigerator, Gas Appliances, Range Hood, Stainless Steel Appliance(s), Washer/Dryer, Gas Water Heater
- Laundry: Laundry Room
Features
- Ceiling Fan(s), High Ceilings, Bathroom, Built-in Features, Closet, Kitchen, Pantry
- Flooring: Hardwood, Wood
- Doors: Storm Door(s)
- Windows: Double Pane Windows, Wood Frames, Vinyl Window Double Paned
- Basement: Partially Finished
- Number of fireplaces: 1
- Fireplace features: Wood Burning
Interior area
- Total structure area: 3,452
- Total interior livable area: 3,452 sqft
Video & virtual tour
Property
Parking
- Total spaces: 1
- Parking features: Driveway, Off Street, Detached
- Garage spaces: 1
- Has uncovered spaces: Yes
Features
- Stories: 3
- Patio & porch: Patio
- Exterior features: Raised Beds, Yard
- Fencing: Fenced
- Has view: Yes
- View description: City
Lot
- Size: 8,712 Square Feet
- Features: Level, Trees, SqFt 7000 to 9999
Details
- Additional structures: Other Structures Bedrooms Total (2), Other Structures Bathrooms Total (2)
- Parcel number: R299187
Construction
Type & style
- Home type: SingleFamily
- Architectural style: Cape Cod
- Property subtype: Residential, Single Family Residence
Materials
- Cement Siding, Concrete, Lap Siding, Wood Siding
- Roof: Composition
Condition
- Updated/Remodeled
- New construction: No
- Year built: 1936
Utilities & green energy
- Gas: Gas
- Sewer: Public Sewer
- Water: Public
Community & HOA
Community
- Subdivision: Richmond
HOA
- Has HOA: No
Location
- Region: Portland
Financial & listing details
- Price per square foot: $348/sqft
- Annual tax amount: $10,597
- Date on market: 8/8/2025
- Listing terms: Cash,Conventional,FHA,VA Loan
- Road surface type: Paved
- Loading
- Loading