Views
Address
653 Sw Sherman St, Portland, OR
Price
$ 492,000
Property Attributes
  • MLS#591548893
  • TypeSingle Family
  • Listing Status Active
  • CountyMULTNOMAH
  • CityPortland
  • Area148
  • NeighborhoodSOUTH PORTLAND
  • Zip97201
  • StyleVictorian
  • Year Built1880
  • Taxes$ 7244
  • Price$ 492,000
  • Bedrooms5
  • Full Bathrooms2
  • Half Bathrooms0
  • Sqr Footage2509
  • Lot Size0.04 Acres
Data Source:
Regional Multiple Listing Service (RMLSOR)
Property Description

Location, location, location - investors and house hackers take note! This turnkey 5-bedroom Victorian in a high demand area has a documented rental history consistently generating over 3k per month. Excellent proximity to both PSU and OHSU campuses entices a large pool of renters and increases rental value - not to mention presenting opportunities for mid-term rentals. Large common areas like the spacious living room and updated kitchen with quartz countertops and newer stainless steel appliances make this charming Victorian a perfect fit for group living. Other perks include two updated bathrooms on the main and an in-unit laundry room, plus an extremely low-maintenance yard and an impressive history of maintenance, repairs and updates including but not limited to: a new sewer line in 2023, new furnace 2023, much of siding replaced with hardiplank, partial roof replacement 2020, upgraded electrical service, newer flooring and more. All just a short walk from PSU, OHSU and attractive local amenities like the PSU farmer’s market and the Duniway Park track, with inspiring city views, a Mt Hood view from the primary, excellent public transit (Transit Score 87) and a desirable school district. Come tour your next great investment! [Home Energy Score = 4. HES Report at https://rpt.greenbuildingregistry.com/hes/OR10010174]

Elementary School Middle School High School
Ainsworth Elementary School West Sylvan Middle School Lincoln High School
Price History
9/18/2026 Listed $492,000

General Features

Sewer PublicSewer
Heating ForcedAir95Plus
Roof Composition
Appliances Dishwasher,FreeStandingGasRange,FreeStandingRefrigerator,Quartz,RangeHood,SolidSurfaceCountertop,StainlessSteelAppliance
Architectural Style Victorian
Year Built 1880
Stories Count 3
Property Subtype SingleFamilyResidence
Tax Year 2025
Parcel Number R128762
County Multnomah
Property Type Residential
HOA No
Subdivision Name SOUTH PORTLAND
Full Baths 2
Status Active
Directions go south on SW 6th (one-way st.) just south of 405 turn right on Sherman
High School Lincoln
City Portland
Disclosures Disclosure
MLS Area _148
Lot Size Square Feet 1742.0
Listing Terms Cash,Conventional
Elementary School Ainsworth
Tax Annual Amount 7244.98
Middle/Junior High School West Sylvan
Property Condition Resale
Virtual Tour https://my.matterport.com/show/?m=iVvDYJnHqmZ
Standard Status Active
Accessory Dwelling Unit Y/N No
ViewDescription City,Territorial
Legal Description CARUTHERS ADD,BLOCK 36,S 20' OF W 27' OF E 77' OF LOT 3,W 27'
SeniorCommunityYn False
ADU False

Interior Features

Interior Amenities Laundry,LuxuryVinylPlank,Quartz,Skylight,TileFloor,WalltoWallCarpet,WasherDryer,WoodFloors
Basement ExteriorEntry,PartialBasement,PartiallyFinished
Hot Water Gas
Window Features DoublePaneWindows,VinylFrames
Total Bathrooms 2.0
FuelDescription Gas
Total Bedrooms 5
Total Baths 2

Exterior Features

Exterior Amenities Porch,Yard
Parking Features OnStreet
Lot Features Level
Water Source PublicWater
Exterior Description Asbestos,CementSiding,ShakeSiding
Building Area Total 2509.0
Lot Size Acres 0.04
Road Surface Type Paved

Amenities

  • Foreclosure
  • Views
  • Short Sale
  • New Construction
  • Adult 55+
  • Lease To Own
  • No HOA Fees
  • Furnished
  • Primary On Main
  • Air Conditioning
  • Seller Finance
  • Green
  • Fixer Upper
  • Horse
  • Golf
  • Fireplace
  • Deck
  • Garage
  • Basement
  • Pool

Property vs Single Family Average in 97201

Price
AVG $1.42M
$490K
Taxes
AVG $24,165
$7,244
Year Built
AVG 1941
1880
Visits
AVG 199
6
Data Provided by Inside Real Estate®

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