591 W Sherman St

Lebanon, OR 97355
  • $1,195,000

    Price
  • 13

    Bed
  • 10

    Bath
  • 0

    SqFt

About the Listing SMIC01 - ERICSWAN

Single-story 10-unit apartment complex located in West Lebanon. Built in 1948, the property offers (3) 2 bed / 1 bath units and (7) 1 bed / 1 bath units. As-is cap rate is 7.67% Cap on Actuals, 8.46% on Proforma. Two units have been fully renovated, offering immediate rent growth potential as leasing demand remains strong. The property features a central courtyard, off-street parking, and onsite laundry — appealing amenities in a quiet, residential neighborhood.

Listing Highlights for 591 W Sherman St

Status Active
Days on Site 65
Property Type Multi-Family
MLS ® 639912323
Year Built 1948
Total Square Footage 0
Lot/Acreage 0.38
County Linn
Middle School Seven Oak

Interior Details

  • Bedrooms: 13
  • Bathrooms: 10 Full
  • Appliances:
  • Air Cond:
  • Heating:
  • Fireplaces:
  • Floor:
  • Above Ground Sq Ft:
  • Below Ground Sq Ft: n/a
  • Basement:
  • Other:
  • Water: Public Water

Exterior Details

  • Garage Capacity: N/A
  • Zoning: RM
  • Roof:
  • Others:
  • Sewer: Public Sewer

Financial Details

  • Tax Amount: $6,595
  • Taxes w/Assessments: N/A
  • Tax/Property ID: 0180006
  • Tax Year: N/A

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591 W Sherman St Lebanon, OR 97355

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Originating MLS: Regional Multiple Listing Service, Inc.

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