13414 NW Sherry St, Portland, OR 97229

Portland
Local realty services provided by:Knipe Realty ERA Powered
13414 NW Sherry St,Portland, OR 97229
$799,000
  • - Beds
  • - Baths
  • 2,485 sq. ft.
  • Multi-family
  • Active
Listed by: rachelle kammann
Office: kevin morris realty503-452-5400
MLS#:741838046
Source:PORTLAND

Price summary

  • Price:$799,000
  • Price per sq. ft.:$321.53

About this home

*Don't Walk the Property* Cap rate is 6.2% with current rental income. 5-10 additional units can be added! Recent remodeling includes all new water and sewer line, new tankless water heaters, new electrical panels. Exceptional investment and development opportunity in the heart of Cedar Mill! This remodeled duplex features two spacious 3-bedroom, 1-bath units, offering strong rental appeal in a highly desirable location. A detached shop provides additional income and yard care, currently leased for $600/month. Situated on a generous, multi-family zoned lot, the property offers significant upside with the potential to add approximately 5-10 additional units while retaining the existing improvements. Estimated 9–12 unit project is achievable while keeping the existing structure. (buyer to complete all due diligence with Washington County). Minutes to Nike, Intel, downtown Portland, shopping, restaurants, parks, and public transit, this is a rare opportunity to own a cash-flowing asset...

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Home facts

  • Year built:1951
  • Listing ID #:741838046
  • Added:20 day(s) ago
  • Updated:August 12, 2026 at 11:57 AM

Rooms and interior

  • Living area:2,485 sq. ft.

Heating and cooling

  • Heating:Forced Air

Structure and exterior

  • Roof:Composition
  • Year built:1951
  • Building area:2,485 sq. ft.
  • Lot area:0.34 Acres
  • Lot Features:Level
  • Levels:1 Story

Schools

  • High school:Sunset
  • Middle school:Cedar Park
  • Elementary school:Bonny Slope

Utilities

  • Water:Public Water
  • Sewer:Public Sewer

Finances and disclosures

  • Price:$799,000
  • Price per sq. ft.:$321.53
  • Tax amount:$5,077 (2025)

Parking

  • Parking description:Driveway, Garage
MLS LogoAll information provided is deemed reliable but is not guaranteed and should be independently verified. The content relating to real estate for sale on this web site comes in part from the IDX program of the RMLS of Portland Oregon. Real estate listings held by brokerage firms other than Knipe Realty ERA Powered are marked with the RMLS logo and detailed information about these properties includes the names of the listing brokers. Copyright 2026 RMLS, Portland, Oregon. Last updated: August 12, 2026

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