653 SW Sherman St, Portland, OR 97201

Portland
Local realty services provided by:Knipe Realty ERA Powered
653 SW Sherman St,Portland, OR 97201
$492,000
  • 5 Beds
  • 2 Baths
  • 2,509 sq. ft.
  • Single family
  • Active
Listed by: charity chesnek, shannon sansoterra
Office: think real estate503-847-2722
MLS#:591548893
Source:PORTLAND

Price summary

  • Price:$492,000
  • Price per sq. ft.:$196.09

About this home

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...

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Home facts

  • Year built:1880
  • Subdivision & Development:SOUTH PORTLAND
  • Listing ID #:591548893
  • Added:4 day(s) ago
  • Updated:September 23, 2026 at 11:55 AM

Rooms and interior

  • Bedrooms:5
  • Total bathrooms:2
  • Full bathrooms:2
  • Kitchen Description:Dishwasher, Free Standing Gas Range, Free Standing Refrigerator, Quartz, Range Hood, Stainless Steel Appliance
  • Basement Description:Exterior Entry, Partial Basement, Partial Finished
  • Living area:2,509 sq. ft.

Heating and cooling

  • Heating:Forced Air 90+

Structure and exterior

  • Roof:Composition
  • Year built:1880
  • Building area:2,509 sq. ft.
  • Lot area:0.04 Acres
  • Lot Features:Level
  • Architectural Style:Victorian
  • Exterior Features:Porch, Yard
  • Levels:3 Stories

Schools

  • High school:Lincoln
  • Middle school:West Sylvan
  • Elementary school:Ainsworth

Utilities

  • Water:Public Water
  • Sewer:Public Sewer

Finances and disclosures

  • Price:$492,000
  • Price per sq. ft.:$196.09
  • Tax amount:$7,245 (2025)

Features and amenities

  • Laundry features:Washer/Dryer
  • Amenities:Double Pane Window(s), Laundry, Tile Floor, Vinyl Frame Windows, Wall To Wall Carpet, Wood Floors

Parking

  • Parking description:On street
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: September 23, 2026

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