1024 Southeast Sherman Street

Portland, OR 97214

$489,000
Price
Beds
1,918 Sq. Ft.
$255 / Sq. Ft.
1,918
Sq. Ft.
$255
per Sq. Ft.

Description

Open House Saturday Dec 21st 10-12. Endless opportunities with this duplex in the heart of the Hosford-Abernethy neighborhood and OMSI District! Nestled in at SE 10th & Sherman, this home is zoned EX, allowing for both commercial and residential use. The upper unit is 999 sqft and features two bedrooms, a full bathroom, large living and dining areas and a laundry room. The lower unit is 919 sqft with a large family room, a bedroom and one bathroom with laundry hookup. Fabulous central location with...Open House Saturday Dec 21st 10-12. Endless opportunities with this duplex in the heart of the Hosford-Abernethy neighborhood and OMSI District! Nestled in at SE 10th & Sherman, this home is zoned EX, allowing for both commercial and residential use. The upper unit is 999 sqft and features two bedrooms, a full bathroom, large living and dining areas and a laundry room. The lower unit is 919 sqft with a large family room, a bedroom and one bathroom with laundry hookup. Fabulous central location with a walking score of 95 and a perfect 100 biking score! Enjoy the convenience to shopping, public transportation and tons of restaurants right outside your door! Previous tenant rented out the lower unit as an Airbnb, endless opportunities with this one.
  1. Listed by Derek Peterson • Better Homes & Gardens Realty

Property Details for 1024 Southeast Sherman Street

Subdivision
HOSFORD ABERNETHY
Parking Features
Driveway, On Street
Zoning
EX
View
City
LISTING UPDATED: 12/20/2024 06:26 PM

Property Details for 1024 Southeast Sherman Street

StatusActive
MLS #24407024
Days on Market106
Taxes$3,951 / year
HOA Fees-
Condo/Co-op Fees-
Compass TypeMulti Family
MLS TypeMulti Family
Year Built1903
Lot Size0.05 AC / 2,178 SF
CountyMultnomah County

Building Information for 1024 Southeast Sherman Street

Stories2Residences2Year Built1903Building Size-Lot Size0.05 AC / 2,178 SF

Property Information for 1024 Southeast Sherman Street

Summary
Location and General Information
  • Country: US
  • Directions: SE Division, N on SE 11th, L on Sherman
  • Road Surface: Concrete, Paved
School Information
  • Elementary School: Abernethy
  • High School: Cleveland
  • Middle Or Junior School: Hosford
Taxes and HOA
  • Tax Year: 2024
  • Tax Annual Amount: $3,950.97
  • Parcel Number: R276064
  • Tax Legal Description: STEPHENS ADD, BLOCK 112, W 25' OF N 20' OF LOT 7, W 25' & W 11' O
Property
Lot Information
  • Acres: 0.05
  • Lot Description: Level
  • Lot Size Square Feet: 2178.0
  • Lot Size Range: Sq Ft0Kto2999
  • Lot Size: 0K to 2,999 Sq Ft
Property and Assessments
  • Property Type: Multi Family
  • Water Description: Public Water
  • Property Condition: Approximately
  • Year Built: 1903
Utilities
  • Fuel Description: Electricity, Gas
  • Heating Description: Baseboard, Gas Stove, Wall Heater
  • Hot Water Description: Electricity
  • Sewer Description: Public Sewer
  • Rent Includes: None
Interior and Exterior Features
Exterior Features
  • Exterior Description: Cedar
  • Roof Type: Composition
Interior Features
  • Basement: Finished
  • Foundation Details: Slab
  • Stories: 2
Multi Family
Multi-Family Information
  • Number Of Units Total: 2
  • Gross Income Actual: $27,810.00
  • Gross Rent Multiplier: $17.58
  • Net Income Actual: $37,080.00
  • Operating Expense: $9,270.00
  • Unit Type Type: Unit Type Type1, Unit Type Type2
  • SqFt Approximate Building Total: 1918
Unit 1 Information
  • Unit Type 1 Baths Total: 1
  • Unit Type 1 Baths Decimal: 1.00
  • Unit Type 1 Beds Total: 2
  • Unit Type 1 Features: Deck, Hardwood Floors, Refrigerator, Washer Dryer Hookup
  • Unit Type 1 Rent: $1,695
  • Unit Type 1 SqFt: 999.0
  • Unit Type 1 Units Total: 1
Unit 2 Information
  • Unit Type 2 Baths Total: 1
  • Unit Type 2 Baths Decimal: 1.00
  • Unit Type 2 Beds Total: 1
  • Unit Type 2 Features: Refrigerator, Washer Dryer Hookup
  • Unit Type 2 Rent: $1,395
  • Unit Type 2 SqFt: 919.0
  • Unit Type 2 Units Total: 1

Property History for 1024 Southeast Sherman Street

DateEvent & SourcePriceAppreciation
DateEvent & SourcePrice

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

Public Records for 1024 Southeast Sherman Street

Taxable ValueLand-Additions-Total-
Tax Record2024$3,951 ($329 / month)
Home Facts
Beds3Baths1Total Finished SqFt999 SqFtAbove Grade Finished SqFt999 SqFtUnfinished Basement SqFt919 SqFtStories1Lot Size2,245 SqFtStyleSingle Family ResidenceYear Built1903ZoningEXDCountyMULTNOMAHAPN1S1E02CD 12100

Schools near 1024 Southeast 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
Public - K to 8
Rating
School
Distance
Abernethy Elementary School
PublicK to 5

Hosford Middle School
Public6 to 8

Cleveland High School
Public9 to 12

Winterhaven School
PublicK to 8

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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1024 Southeast Sherman Street is a multi-family home for sale in Portland, OR 97214. This property was listed for sale on September 6, 2024 by Better Homes & Gardens Realty, it's currently listed at $489,000. It has been on the market for a total of 106 days and was last sold on November 14, 1995. This listing's school district is Portland School District 1j. Nearby schools include Abernethy Elementary School, Hosford Middle School and Cleveland High School. 1024 Southeast Sherman Street is a 0-bed, 0-bath, 1,918 sqft multi-family home built in 1903.

No guarantee, warranty or representation of any kind is made regarding the completeness or accuracy of descriptions or measurements (including square footage measurements and property condition), such should be independently verified, and Compass expressly disclaims 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 discretion of the seller. No financial or legal advice provided. Equal Housing Opportunity.

Listing Courtesy of Better Homes & Gardens Realty

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 © 2024 RMLS, Portland, Oregon. Last updated: 12/20/2024 06:26 PM