653 SW Sherman St

Portland, OR 97201
  • $492,000

    Price
  • 5

    Bed
  • 2

    Bath
  • 2,509

    SqFt

About the Listing THNK01 - CHESNEKC,SANSOTER

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]

Listing Highlights

Status Active
Days on Site 2
Property Type Residential
MLS ® 591548893
Year Built 1880
Total Square Footage 2,509
Lot/Acreage 0.04
County Multnomah
Neighborhood South Portland
Elementary School Ainsworth
Middle School West Sylvan
High School Lincoln

Interior Details

  • Bedrooms: 5
  • Bathrooms: 2 Full
  • Appliances: Dishwasher, Free-Standing Gas Range, Free-Standing Refrigerator, Quartz, Range Hood, SolidSurfaceCountertop, Stainless Steel Appliance(s)
  • Air Cond:
  • Heating: Forced Air - 95+%
  • Fireplaces:
  • Floor:
  • Above Ground Sq Ft:
  • Below Ground Sq Ft: n/a
  • Basement: Exterior Entry,Partial Basement,Partially Finished
  • Other: Laundry,LuxuryVinylPlank,Quartz,Skylight,Tile Floor,Wall to Wall Carpet,Washer/Dryer,Wood Floors
  • Water: Public Water

Exterior Details

  • Lot Description: Level
  • Garage Capacity: N/A
  • Parking Spaces: 0
  • Roof: Composition
  • Others: Porch,Yard,Resale
  • Sewer: Public Sewer
  • Parking Features: On Street

Financial Details

  • Tax Amount: $7,245
  • Taxes w/Assessments: N/A
  • Tax/Property ID: R128762
  • Tax Year: N/A

Payment Calculator

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653 SW Sherman St Portland, OR 97201

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Originating MLS: Regional Multiple Listing Service, Inc.

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Nicole Shuba

| Nicole Shuba | Manor Realty

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