591 W Sherman St, Lebanon, OR 97355

Local realty services provided by:Knipe Realty ERA Powered
#1#2#3
Listed by:eric swansonCell: 541-990-3795
Office:smi real estate
MLS#:828226
Source:OR_WVMLS
591 W Sherman St,Lebanon, OR 97355
$1,295,000
  • - Beds
  • 10 Baths
  • 6,126 sq. ft.
  • Multi-family
  • Active

Price summary

  • Price:$1,295,000
  • Price per sq. ft.:$211.39

About this home

Single story 10-unit apartment complex built in 1948 in West Lebanon. Building consists of (3) 2 bed / 1 bath units and (7) 1 bed / 1 bath units. Currently offered at a 6.87% cap rate on actuals and an 7.88% on highest achieved rents. Two of the ten units have been fully renovated. Property features a central courtyard, some off-street parking and onsite laundry room - appealing amenities in a quiet, residential neighborhood.

Contact an agent

contact an agent

Yes, I would like more information from ERA®. Please use and/or share my information with an ERA affiliated agent to contact me about my real estate needs. By clicking Send message, I agree an ERA affiliated agent may contact me by phone or text message including by automated means about real estate services, and that I can access real estate services without providing my phone number. I acknowledge that I have read and agree to theTerms of useandPrivacy notice

Home facts

  • Year built:1948
  • Listing Id #:828226
  • Added:116 day(s) ago
  • Updated:August 23, 2025 at 02:36 PM

Rooms and interior

  • Total bathrooms:10
  • Living area:6,126 sq. ft.

Structure and exterior

  • Year built:1948
  • Building area:6,126 sq. ft.
  • Lot area:0.38 Acres

Finances and disclosures

  • Price:$1,295,000
  • Price per sq. ft.:$211.39
  • Tax amount:$6,595 (21-22)
MLS LogoBased on information from Willamette Valley Multiple Listing Service, which neither guarantees nor is in any way responsible for its accuracy. All data is provided AS IS and with all faults. Data maintained by Willamette Valley Multiple Listing Service may not reflect all real estate activity in the market.

New listings near 591 W Sherman St