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Listed by Equity Pacific Real Estate LLC
$ 1,695,000
Est. payment /mo
Price Dropped by $100K
2010 SE SHERMAN ST Portland, OR 97214
6,229 SqFt
UPDATED:
Key Details
Property Type Multi-Family
Listing Status Active
Purchase Type For Sale
Square Footage 6,229 sqft
Price per Sqft $272
MLS Listing ID 554268406
Year Built 1927
Annual Tax Amount $19,395
Tax Year 2025
Lot Size 10,018 Sqft
Property Description
Mediterranean 10-Unit just 2 blocks north of Division. Strong performing property, stucco exterior 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 sewer line. 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.
Location
State OR
County Multnomah
Community Alllandscaping, Laundry
Area _143
Zoning RM2
Rooms
Basement Crawl Space, Partial Basement, Storage Space
Interior
Heating Baseboard, Wall Heater
Exterior
Community Features AllLandscaping, Laundry
Roof Type Flat,Membrane,Tile
Garage No
Building
Lot Description Corner Lot
Story 2
Foundation Concrete Perimeter
Sewer Public Sewer
Water Public Water
Level or Stories 2
Schools
Elementary Schools Abernethy
Middle Schools Hosford
High Schools Cleveland
Others
Acceptable Financing Cash, Conventional
Listing Terms Cash, Conventional
