2010 SE Sherman St, Portland, OR 97214

$1,495,000

Beds

Baths

0.23 ac

Property Size

1927

Year Built

About The Property

Great value in this Mediterranean 10-Unit just 2 blocks north of Division! Strong tenant demand for this timeless apt bldg with newer vinyl windows and membrane roof with tile shingles accenting the apartment entryways. Eight (8) 1BR/1BA units and two (2) Studios with hardwood floors and tiled kitchens and baths. Timeless vintage courtyard features all new concrete walkways poured over steel rebar. This improvement has brought the courtyard back to its original glory. As you enter the courtyard there are two wings comprising six (6) units accessible directly from the courtyard and four (4) units anchor the building in the rear stacked on two levels. New water line 2006. Basement features Laundry & Individual Storage. Solid upside on rents, last 1BR rented fast at $1,495 in just days. Professionally managed. Please Do Not Disturb Tenants.

ARCHITECTURE

Stories: 2
Year Built: 1927
Roof Type: Flat, Membrane, Tile
Foundation Details: Concrete Perimeter
Basement Details: Crawl Space, Partial Basement, Storage Space

INTERIOR FEATURES

Heating Type: Baseboard, Wall Heater
Fuel Type: Electricity
Interior SqFt: 6229

EXTERIOR FEATURES

Lot Features: Corner Lot
Lot size (Acres): 0.23
Zoning: RM2
Water Source: Public Water
Sewer: Public Sewer

SCHOOLS

Elementary: Abernethy
High School: Cleveland
Middle: Hosford

TAX & FINANCIAL

Annual Tax: $19395.78
Terms Considered: Cash, Conventional
Tax Year: 2025

LISTING INFO

Listing courtesy of Equity Pacific Real Estate LLC
Days On Market: 100

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Erik Leland

Luxury Property Advisor | OR License 201225800
Member of: National Association of REALTORS® (NAR)

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Property ID - | 767158

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Erik Leland