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Listed by Equity Pacific Real Estate LLC

$1,695,000

Est. payment - /mo

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6,229 SqFt

Price Dropped by $100K

2010 SE SHERMAN ST Portland, OR 97214

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Tommy Jedrzejczyk

tommy@tltre.com +1(503) 506-4646

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

Regional Multiple Listing Service (RMLS)

NEARBY SCHOOL & BUSINESS

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