Photograph 1 of 39
653 SW Sherman St, Portland
$449,900
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- Price per sqft
- $179.31
- Built in
- 1880
- Property size
- 2,509 sqft
- Lot size
- 1,742 sqft
- Property type
- Residential
- Days on market
- 38
Overview
Location, location, location - first time buyers, 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! First time buyers will appreciate the value and close-in location! Other perks include two updated bathrooms on the main and a patio perfect for outdoor hangs and barbecues. 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]
Details
Interior
- Interior features
- Laundry, Luxury Vinyl Plank, Quartz, Skylight, Tile Floor, Wall to Wall Carpet, Washer / Dryer, Wood Floors
- Appliances
- Dishwasher, Free Standing Gas Range, Free Standing Refrigerator, Quartz, Range Hood, Solid Surface Countertop, Stainless Steel Appliance
- Cooling
- No
- Heating
- Yes
- Heating description
- Forced Air 95 Plus
- Windows
- Double Pane Windows, Vinyl Frames
Exterior and lot
- Lot size
- 1,742 sqft
- Exterior features
- Porch, Yard
- Lot features
- Level
- Architectural style
- Victorian
- Roof
- Composition
- View
- Yes
- View description
- City, Territorial
Utilities
- Sewer
- Public Sewer
- Water source
- Public Water
Parking
- Garage spaces
- 0
- Parking
- On Street
- Total parking
- 0
Schools
- High school
- Lincoln
- Middle school
- West Sylvan
- Elementary school
- Ainsworth
Location
- City
- Portland
- County
- Multnomah
- Subdivision
- SOUTH PORTLAND
Taxes and dues
- Annual taxes
- $7,650 (2026)
Location
653 SW Sherman St, Portland, OR 97201
Monthly payment estimate
$3,032 /mo
- Principal and interest
- $2,395
- Property tax (2026)
- $638
- Total
- $3,032
Estimate only, and not an offer of credit. Assumes 20% down ($89,980) and a 30-year fixed rate at 7.00%. Property tax is the assessed annual amount from the listing, divided by twelve. Rates change daily. Insurance and mortgage insurance are not included. Speak to a lender for terms that apply to you.
