Last Sold Price
4 beds1,397 sqft$293/sqft
655 SW Sherman St, Portland, OR 97201

Description

Situated in a convenient and central SW Portland location, this home offers exciting investment potential at an attractive price point. With four bedrooms, two bonus bedrooms/offices, and two bathrooms, there's prime opportunity for rental income with potential housing for students of OHSU or Portland State University, both less than a mile away. High ceilings and wood floors complement the vintage-style living room with an abundance of natural light. There's ample space in the functional kitchen...Situated in a convenient and central SW Portland location, this home offers exciting investment potential at an attractive price point. With four bedrooms, two bonus bedrooms/offices, and two bathrooms, there's prime opportunity for rental income with potential housing for students of OHSU or Portland State University, both less than a mile away. High ceilings and wood floors complement the vintage-style living room with an abundance of natural light. There's ample space in the functional kitchen and a large separate dining room is ready for casual dinner parties with family and friends. A brand new sewer line, central a/c, washer/dryer, and newer fencing for privacy for the low maintenance landscape. The unfinished basement provides a secure space for outdoor gear - perfect for exploring the Portland Japanese Gardens or PSU Farmers Market on the weekends. Within the Ainsworth Elementary/Lincoln High School boundaries. You'll have easy access to downtown Portland's restaurants, PSU food carts, Under Armor's Duniway Park running track, shopping, transit, events, and everything fun about urban living in PDX! [Home Energy Score = 1. HES Report at https://rpt.greenbuildingregistry.com/hes/OR10007610]
LISTING CLOSED: 07/18/2023 12:00 AM

  1. Listed by Shannon Sansoterra • Think Real Estate
  2. Listed by Charity Chesnek • Think Real Estate

Property Details for 655 Southwest Sherman Street

Status
MLS #
23511598
Days on Market
39
Taxes
$6,152 / year
HOA Fees
-
Condo/Co-op Fees
-
Property Type
MLS Type
Residential / Single Family Residence
Year Built
1890
Lot Size
0.07 AC / 3,049 SF
Style
Victorian
Subdivision
SOUTH PORTLAND
Parking Features
On Street
Zoning
RM4
Garage Spaces
.00
Parking Total
.00

Recent comparable sales

Median sold price

$467,000

Avg days on market

37

Sale-to-list ratio

93.9%

Portland, OR

9 comparable properties found

$400,000 | 2696 Southwest Gerald Avenue, Portland, OR 97201
1/29
1

$400,000

Sold 07/15/25

4
Bedrooms
2,001
Square Feet
0.08
Acres
a backyard of a house
1/45
2

$450,000

Sold 11/06/25

4
Bedrooms
2,112
Square Feet
0.04
Acres
$441,000 | 2018 Southeast 6th Avenue, Portland, OR 97214
1/32
3

$441,000

Sold 04/24/26

4
Bedrooms
2,446
Square Feet
0.12
Acres
$467,000 | 4411 North Kerby Avenue, Portland, OR 97217
1/31
4

$467,000

Sold 04/14/25

4
Bedrooms
1,546
Square Feet
0.06
Acres
a view of a house with a yard
1/41
5

$500,000

Sold 09/17/24

4
Bedrooms
1,332
Square Feet
0.12
Acres
$470,000 | 2848 Northwest Santanita Terrace, Portland, OR 97210
1/49
6

$470,000

Sold 08/19/26

4
Bedrooms
2,027
Square Feet
0.09
Acres
a front view of a house with a garden
1/41
7

$686,000

Sold 05/08/25

4
Bedrooms
1,475
Square Feet
0.26
Acres
$682,500 | 4815 Southwest 38th Place, Portland, OR 97221
1/33
8

$682,500

Sold 06/16/26

4
Bedrooms
1,478
Square Feet
0.24
Acres
$451,000 | 3319 Southeast 52nd Avenue, Portland, OR 97206
1/20
9

$451,000

Sold 04/03/26

4
Bedrooms
1,448
Square Feet
0.14
Acres

Location

Listing Courtesy of Think Real Estate

Sold By Paris Group Realty LLC

Add your commute

Building Information for 655 Southwest Sherman Street

Stories2Year Built1890Building Size-Lot Size0.07 AC / 3,049 SF

Payment Calculator

$2,597 per month

30 year fixed, 6.55% Interest

Principal and Interest

$2,084

Property Taxes

$513

HOA Dues

$0

The Payment Calculator is for illustrative purposes only.

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Property Information for 655 Southwest Sherman Street

Summary
Location and General Information
  • Country: US
  • Directions: SW Broadway to Sherman
  • Road Surface: Paved
School Information
  • Elementary School: Ainsworth
  • High School: Lincoln
  • Middle Or Junior School: West Sylvan
Parking
  • Attached Garage: No
Taxes and HOA
  • CC and R Y/N: No
  • FIRPTA: No
  • HOA Y/N: No
  • Tax Year: 2022
  • Tax Deferral: No
  • Tax Annual Amount: $6,152.06
  • Parcel Number: R128764
  • Tax Legal Description: CARUTHERS ADD, BLOCK 36, LOT 3&4 TL 6300
Virtual Tour
  • Video Virtual Tour 1 Y/N: No
  • Video Virtual Tour 2 Y/N: No
Property
Lot Information
  • Acres: 0.07
  • Lot Description: Level, Trees
  • Lot Size Square Feet: 3049.0
  • Senior Housing Y/N: No
  • Lot Size Range: Sq Ft0Kto2999
  • Lot Size: 0K to 2,999 Sq Ft
  • SqFt Source: Flr Pln
Property and Assessments
  • Property Sub Type: Single Family Residence
  • Property Type: Residential
  • Water Description: Public Water
  • Property Condition: Resale
  • Year Built: 1890
  • New Construction: No
  • Property Attached: No
  • Warranty Available Y/N: No
Utilities
  • Cooling Description: Central Air
  • Fuel Description: Electricity, Gas
  • Heating Description: Forced Air
  • Hot Water Description: Gas
  • Sewer Description: Public Sewer
Green Features
  • Green Certification: Yes
Interior and Exterior Features
Exterior Features
  • Exterior Description: Wood Siding
  • Exterior Features: Porch
  • Roof Type: Composition
Interior Features
  • Basement: Crawl Space, Partial Basement
  • Foundation Details: Concrete Perimeter
  • Window Features: Double Pane Windows
  • Interior Features: High Ceilings, Laundry, Tile Floor, Vinyl Floor, Wallto Wall Carpet, Wood Floors
  • SqFt Calculated: 1397
  • View Y/N: No
  • SqFt Lower Level Total: 0
  • SqFt Main Level Total: 890
  • SqFt Upper Level Total: 507
  • Bedrooms Total: 4
  • Stories: 2
  • Baths Total: 2.0
  • Cooling: Yes
  • Heating: Yes
Master Bedroom
  • Room Description: Primary Bedroom
  • Primary Bedroom Level: Upper
  • Primary Bedroom SqFt: 130
  • Primary Bedroom Length: 10
  • Primary Bedroom Width: 13
Bedroom 2
  • Room Description: _2nd Bedroom
  • Bedroom 2 Length: 9
  • Bedroom 2 Width: 11
  • Bedroom 2 Level: Upper
  • Bedroom 2 SqFt: 99
Bedroom 3
  • Room Description: _3rd Bedroom
  • Bedroom 3 Length: 7
  • Bedroom 3 Width: 10
  • Bedroom 3 Level: Main
  • Bedroom 3 SqFt: 70
Dining Room
  • Room Description: Dining Room
  • Dining Room Length: 10
  • Dining Room Width: 13
  • Dining Room Level: Main
  • Dining Room SqFt: 130
Family Room
  • Room Description: Family Room
Kitchen
  • Room Description: Kitchen
  • Kitchen Appliances: Free Standing Range, Free Standing Refrigerator
  • Kitchen RoomLength: 9
  • Kitchen RoomWidth: 14
  • Kitchen Room Level: Main
  • Kitchen Room SqFt: 126
Living Room
  • Room Description: Living Room
  • Living Room Length: 11
  • Living Room Width: 13
  • Living Room Level: Main
  • Living Room SqFt: 143
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: 7
  • Additional Room 1 Level: Main
  • Additional Room 1 SqFt: 70
  • Additional Room 1 Width: 10
Additional Room 2
  • Additional Room 2 Description: Bonus Room
  • Additional Room 2 Length: 8
  • Additional Room 2 Level: Upper
  • Additional Room 2 SqFt: 88
  • Additional Room 2 Width: 11
Farm
Farm Information
  • Farm Y/N: No
Multi Family
Multi-Family Information
  • SqFt Approximate Building Total: 1397

Property History for 655 Southwest Sherman Street

DateEvent & SourcePriceAppreciation
Jul 17, 2023

Sold (Public Record)

Public Record #1514755066

$410,000

+4.8% / yr

Aug 2, 2019

Sold (Public Record)

Public Record #650126437

$340,000

+18.7% / yr

Dec 18, 2013

Sold (Public Record)

Public Record #399441466

$130,000
DateEvent & SourcePrice
07/17/2023

Sold (Public Record)

Public Record #1514755066

$410,000

+4.8% / yr

08/02/2019

Sold (Public Record)

Public Record #650126437

$340,000

+18.7% / yr

12/18/2013

Sold (Public Record)

Public Record #399441466

$130,000

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

Public Records for 655 Southwest Sherman Street

Taxable ValueLand-Additions-Total-
Tax Record2025$6,783 ($565 / month)
Home Facts
Beds1Baths2Total Finished SqFt1,525 SqFtAbove Grade Finished SqFt1,525 SqFtUnfinished Basement SqFt260 SqFtStories1Lot Size2,970 SqFtStyleSingle Family ResidenceYear Built1890ZoningRHCountyMULTNOMAHAPN1S1E04DD 06300

Schools near 655 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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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: 07/19/2023 11:43 AM