653 SW SHERMAN ST — 5 bed 2 bath Single Family Residence
653 SW SHERMAN ST 653 SW SHERMAN ST 653 SW SHERMAN ST 653 SW SHERMAN ST
Active

653 SW SHERMAN ST, Portland, OR 97201

$492,000 $196/sqft
5 beds 2 baths 2,509 sq ft
Property TypeSingle Family Residence
Year Built1880
Annual Taxes$7,244.98
Est. Tax/Mo$604
Days on Market6
MLS #591548893
Listed ByThink Real Estate

About This Home

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]

Property Details

Cooling
  • None
Heating
  • Forced Air
Lot Features
  • Level
Parking Features
  • On Street
Sewer
  • Public Sewer
View
  • City
Water Source
  • Public
Appliances
  • Gas Water Heater
  • Washer
  • Dryer
  • Dishwasher
  • Free-Standing Gas Range
  • Free-Standing Refrigerator
  • Range Hood
Construction
  • Asbestos
MLS Property Types
  • Single Family Residence
Pool
  • No
Levels
  • Single
Waterfront
  • No
Garage
  • No
55+ Community
  • No
New Construction
  • No

Location

653 SW SHERMAN ST, Portland, OR 97201

Schools Nearby

School data provided for informational purposes. Attendance zones subject to change — verify with the district.

  • Ainsworth Elementary School
    Elementary
    0.7 mi
  • Lincoln High School
    High
    0.9 mi
  • Winterhaven School
    Elementary
    1.9 mi
  • da Vinci Middle School
    Middle
    2.5 mi
  • Richmond Elementary School
    Elementary
    3.2 mi
  • West Sylvan Middle School
    Middle
    3.6 mi
  • Benson Polytechnic High School
    High
    5.6 mi
  • Creative Science School
    Elementary
    5.6 mi

Price History

DatePriceChange
Oct 1, 2026 $474,900 $-17,100
Sep 19, 2026 $492,000 —
RMLS Listing courtesy of Think Real Estate

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