Alex Nassar

653 Sw Sherman St

Portland, OR
$ 492,000 Beds 5 Baths 2 Sq 2,509 Virtual Tour
Monthly Estimate* How much can I afford?

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 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]

Active

  • Price
  • $ 492,000
  • City
  • Portland
  • Bedrooms
  • 5
  • Full Bathrooms
  • 2
  • County
  • MULTNOMAH
  • Half Bathrooms
  • 0
  • Area
  • 148
  • Lot Size
  • 0.04 Acres
  • Zip
  • 97201
  • Sqr Footage
  • 2,509
  • Year Built
  • 1880
  • Taxes
  • $ 7244
  • Style
  • Victorian
  • MLS#
  • 591548893
Listed By: Think Real Estate -
Data Source: Regional Multiple Listing Service (RMLSOR)

Features

General

Sewer PublicSewer
Heating ForcedAir95Plus
Roof Composition
Appliances Dishwasher,FreeStandingGasRange,FreeStandingRefrigerator,Quartz,RangeHood,SolidSurfaceCountertop,StainlessSteelAppliance
Architectural Style Victorian
Year Built 1880
Stories Count 3
Property Subtype SingleFamilyResidence
Tax Year 2025
Parcel Number R128762
County Multnomah
Property Type Residential
HOA No
Subdivision Name SOUTH PORTLAND
Full Baths 2
Status Active
Directions go south on SW 6th (one-way st.) just south of 405 turn right on Sherman
High School Lincoln
City Portland
Disclosures Disclosure
MLS Area _148
Lot Size Square Feet 1742.0
Listing Terms Cash,Conventional
Elementary School Ainsworth
Tax Annual Amount 7244.98
Middle/Junior High School West Sylvan
Property Condition Resale
Virtual Tour https://my.matterport.com/show/?m=iVvDYJnHqmZ
Standard Status Active
Accessory Dwelling Unit Y/N No
ViewDescription City,Territorial
Legal Description CARUTHERS ADD,BLOCK 36,S 20' OF W 27' OF E 77' OF LOT 3,W 27'
SeniorCommunityYn False
ADU False

Interior Features

Interior Amenities Laundry,LuxuryVinylPlank,Quartz,Skylight,TileFloor,WalltoWallCarpet,WasherDryer,WoodFloors
Basement ExteriorEntry,PartialBasement,PartiallyFinished
Hot Water Gas
Window Features DoublePaneWindows,VinylFrames
Total Bathrooms 2.0
FuelDescription Gas
Total Bedrooms 5
Total Baths 2

Exterior Features

Exterior Amenities Porch,Yard
Parking Features OnStreet
Lot Features Level
Water Source PublicWater
Exterior Description Asbestos,CementSiding,ShakeSiding
Building Area Total 2509.0
Lot Size Acres 0.04
Road Surface Type Paved

Amenities

  • Foreclosure
  • Views
  • Short Sale
  • New Construction
  • Adult 55+
  • Lease To Own
  • No HOA Fees
  • Furnished
  • Primary On Main
  • Air Conditioning
  • Seller Finance
  • Green
  • Fixer Upper
  • Horse
  • Golf
  • Fireplace
  • Deck
  • Garage
  • Basement
  • Pool

Affordability Calculator

$3,786

Per Month

Based on the average sale price from the Hillsboro, OR office

  • Monthly Principal & interest $2,658
  • Monthly Property Taxes $1,062
  • Monthly Home Insurance $67
Adjust Payment Options
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Let's determine your purchasing power. Working with my mortgage partner, you'll have the information you need to shop for a home with confidence.

Default based on a 30-year fixed rate of 6.49% with 20% down. The estimated payment is offered for convenience and is not an offer of credit. Due to market fluctuations, interest rates are subject to change at any time and without notice. Your individual rate may vary. Rates may differ for FHA, VA, or jumbo loans.

Mortgage calculator provided courtesy of Inside Real Estate.

Schools

Elementary School Ainsworth Elementary School
Middle School West Sylvan Middle School
High School Lincoln High School

Price History

9/18/2026 Listed $492,000

Property vs Zip Code Average in 97201

Price
AVG $1.41M
$490K
Taxes
AVG $23,697
$7,244
Year Built
AVG 1942
1880
Visits
AVG 199
6
Data Provided by Inside Real Estate®

Areas That We Cover

653 Sw Sherman St Portland, OR is a Single Family Home for sale at $492000 with 2509 sqft and a lot size of 0.04 Acres Acre(s). 653 Sw Sherman St Portland has 5 bedrooms, 2 baths and was built in 1880. The property's zip code is 97201 which is in Portland, OR

*Information deemed reliable but not guaranteed.

Financial calculator disclaimer: Default based on a 30-year fixed rate of 6.49% with 20% down. The estimated payment is offered for convenience and is not an offer of credit. Due to market fluctuations, interest rates are subject to change at any time and without notice. Your individual rate may vary. Rates may differ for FHA, VA or jumbo loans.

Mortgage calculator provided courtesy of Inside Real Estate.

All information deemed reliable, but not guaranteed, and should be independently verified. The real estate information and related content displayed on this site is provided for consumers personal, non-commercial use and may not be used for any purpose other than to identify prospective properties consumers may be interested in purchasing.

Alex Nassar

Alex Nassar

Transaction Manager

503-840-0674

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