Active
5 beds2,509 sqft
653 SW Sherman St, Portland, OR 97201
Est: $3,146/moGet pre-approved
Single FamilyProperty Type
0.04 acresLot Size
1880Year Built
$196/sq ftPrice per sq ft

Description

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...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]
Days on Market Listed Today
  • Listed by: Charity Chesnek • Think Real Estate
  • Listed by: Shannon Sansoterra • Think Real Estate
Last updated: 09/18/2026 12:55 PM • Source: RMLS, MLS#: 591548893

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Location

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$3,146 per month

30 year fixed, 6.71% Interest

Principal and Interest

$2,542

Property Taxes

$604

HOA Dues

$0

The Payment Calculator is for illustrative purposes only.

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Property Information for 653 Southwest Sherman Street

Property Details
  • Taxes: $7,245 / year
  • MLS Type: Residential / Single Family Residence
  • Style: Victorian
  • Subdivision: SOUTH PORTLAND
  • Parking Features: On Street
  • View: City, Territorial
  • Garage Spaces: .00
  • Parking Total: .00
Building Information
  • Stories: 3
  • Year Built: 1880
  • Lot Size: 0.04 AC / 1,742 SF
Summary
Location and General Information
  • Country: US
  • Directions: go south on SW 6th (one-way st.) just south of 405 turn right on Sherman
  • Road Surface: Paved
School Information
  • Elementary School: Ainsworth
  • High School: Lincoln
  • Middle Or Junior School: West Sylvan
Taxes and HOA
  • Tax Year: 2025
  • Tax Annual Amount: $7,244.98
  • Parcel Number: R128762
  • Tax Legal Description: CARUTHERS ADD, BLOCK 36, S 20' OF W 27' OF E 77' OF LOT 3, W 27'
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Property
Lot Information
  • Acres: 0.04
  • Lot Description: Level
  • Lot Size Square Feet: 1742.0
  • Lot Size Range: Sq Ft0Kto2999
  • Lot Size: 0K to 2,999 Sq Ft
  • SqFt Source: Floor Plan
Property and Assessments
  • Property Sub Type: Single Family Residence
  • Property Type: Residential
  • Water Description: Public Water
  • Property Condition: Resale
  • Year Built: 1880
Utilities
  • Fuel Description: Gas
  • Heating Description: Forced Air95Plus
  • Hot Water Description: Gas
  • Sewer Description: Public Sewer
Interior and Exterior Features
Exterior Features
  • Exterior Description: Asbestos, Cement Siding, Shake Siding
  • Exterior Features: Porch, Yard
  • Roof Type: Composition
Interior Features
  • Basement: Exterior Entry, Partial Basement, Partially Finished
  • Window Features: Double Pane Windows, Vinyl Frames
  • Interior Features: Laundry, Luxury Vinyl Plank, Quartz, Skylight, Tile Floor, Wallto Wall Carpet, Washer Dryer, Wood Floors
  • SqFt Calculated: 1681
  • SqFt Lower Level Total: 828
  • SqFt Main Level Total: 1073
  • SqFt Upper Level Total: 608
  • Bedrooms Total: 5
  • Stories: 3
  • Baths Total: 2.0
Master Bedroom
  • Room Description: Primary Bedroom
  • Primary Bedroom Additional Features: Closet, Wood Floors
  • Primary Bedroom Level: Upper
  • Primary Bedroom SqFt: 144
  • Primary Bedroom Length: 8
  • Primary Bedroom Width: 18
Bedroom 2
  • Room Description: _2nd Bedroom
  • Bedroom 2 Length: 9
  • Bedroom 2 Width: 10
  • Bedroom 2 Level: Upper
  • Bedroom 2 SqFt: 90
  • 2nd Bedroom Features: Skylight
  • 2nd Bedroom Additional Features: Closet, Wood Floors
Bedroom 3
  • Room Description: _3rd Bedroom
  • Bedroom 3 Length: 8
  • Bedroom 3 Width: 10
  • Bedroom 3 Level: Upper
  • Bedroom 3 SqFt: 80
  • 3rd Bedroom Additional Features: Closet, Wallto Wall Carpet
Dining Room
  • Room Description: Dining Room
  • Dining Room Additional Features: Vinyl Floor
  • Dining Room Length: 11
  • Dining Room Width: 11
  • Dining Room Level: Main
  • Dining Room SqFt: 121
Family Room
  • Room Description: Family Room
Kitchen
  • Room Description: Kitchen
  • Kitchen Appliances: Dishwasher, Free Standing Gas Range, Free Standing Refrigerator, Quartz, Range Hood, Solid Surface Countertop, Stainless Steel Appliance
  • Kitchen Room Features: Dishwasher, Gas Appliances
  • Kitchen Room Additional Features: Free Standing Range, Free Standing Refrigerator, Quartz, Solid Surface Countertop, Vinyl Floor
  • Kitchen RoomLength: 11
  • Kitchen RoomWidth: 11
  • Kitchen Room Level: Main
  • Kitchen Room SqFt: 121
Living Room
  • Room Description: Living Room
  • Living Room additional Features: Closet, High Ceilings, Vinyl Floor
  • Living Room Length: 11
  • Living Room Width: 21
  • Living Room Level: Main
  • Living Room SqFt: 231
Baths
  • Baths Lower Level Full: 0
  • Baths Lower Level Partial: 0
  • Baths Lower Level Total: 0.0
  • Baths Main Level Full: 1
  • BathsMainLevelPartial: 0
  • Baths Main Level Total: 1.0
  • Bathrooms Full: 2
  • Baths Partial: 0
  • Total Bathrooms: 2
  • Baths Upper Leve lFull: 1
  • Baths Upper Level Partial: 0
  • Baths Upper Level Total: 1.0
Additional Room 1
  • Additional Room 1 Description: _4th Bedroom
  • Additional Room 1 Length: 8
  • Additional Room 1 Level: Main
  • Additional Room 1 SqFt: 112
  • Additional Room 1 Width: 14
Additional Room 2
  • Additional Room 2 Description: _5th Bedroom
  • Additional Room 2 Length: 9
  • Additional Room 2 Level: Lower
  • Additional Room 2 SqFt: 81
  • Additional Room 2 Width: 9
Additional Room 3
  • Additional Room 3 Description: Bonus Room
  • Additional Room 3 Length: 8
  • Additional Room 3 Level: Lower
  • Additional Room 3 SqFt: 120
  • Additional Room 3 Width: 15
Additional Room 4
  • Additional Room 4 Additional Features: Wallto Wall Carpet
Additional Room 5
  • Additional Room 5 Additional Features: Closet, Wallto Wall Carpet
Additional Room 6
  • Additional Room 6 Additional Features: Closet, Vinyl Floor
Multi Family
Multi-Family Information
  • SqFt Approximate Building Total: 2509

Property History for 653 Southwest Sherman Street

DateEvent & SourcePriceAppreciation
Aug 2, 2019

Sold (Public Record)

Public Record #650126436

$380,000

+8.5% / yr

Dec 18, 2013

Sold (Public Record)

Public Record #390176984

$240,000
DateEvent & SourcePrice
08/02/2019

Sold (Public Record)

Public Record #650126436

$380,000

+8.5% / yr

12/18/2013

Sold (Public Record)

Public Record #390176984

$240,000

For completeness, we often displays two records for one sale: the MLS record and the public record.

Public Records for 653 Southwest Sherman Street

Taxable ValueLand-Additions-Total-
Tax Record2025$7,245 ($604 / month)
Home Facts
Beds3Baths2Total Finished SqFt2,543 SqFtAbove Grade Finished SqFt2,121 SqFtFinished Basement SqFt422 SqFtUnfinished Basement SqFt250 SqFtStories2Lot Size1,890 SqFtStyleSingle Family ResidenceYear Built1880ZoningRHCountyMULTNOMAHAPN1S1E04DD 06400

Schools near 653 Southwest Sherman Street

This home is within Portland School District 1j.
Rating
School
Type
Grades
Distance
Public - K to 5
Public - 6 to 8
Public - 9 to 12
Charter - K to 5
Rating
School
Distance
Ainsworth Elementary School
PublicK to 5

West Sylvan Middle School
Public6 to 8

Lincoln High School
Public9 to 12

Emerson School
CharterK to 5

School ratings and boundaries are provided by GreatSchools.org and Pitney Bowes. This information should only be used as a reference. Proximity or boundaries shown here are not a guarantee of enrollment. Please reach out to schools directly to verify all information and enrollment eligibility.

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653 Southwest Sherman Street is a single family home for sale in Portland, OR 97201. This listing's school district is Portland School District 1j. Nearby schools include Ainsworth Elementary School, West Sylvan Middle School and Lincoln High School. 653 Southwest Sherman Street is a 5-bed, 2-bath, 2,509 sqft single family home built in 1880.

No guarantee, warranty or representation of any kind is made regarding the completeness or accuracy of any information, descriptions or measurements (including square footage measurements and property condition), such should be independently verified through appropriate means, including, but not limited to, in person inspection and public records, and Compass International Holdings, its subsidiaries, affiliates and independently owned and operated franchisees, and their affiliated agents and associated third parties expressly disclaim any liability in connection therewith. Photos may be virtually staged or digitally enhanced and may not reflect actual property conditions. Offers of compensation are subject to change at the seller's discretion. No financial or legal advice provided. Equal Housing Opportunity.

Listing Courtesy of Think Real Estate

All 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 Compass 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: 09/18/2026 12:55 PM