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2010 SE SHERMAN ST

Portland, OR 97214
Square Ft.
6,229
Active
Multifamily
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$1,795,000
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… Read MoreRead Less
Listing courtesy of Equity Pacific Real Estate LLC.
Listing Snapshot
Days Online
12
Last Updated
Square Ft.
6,229
Lot Size
0.23 Acres
Year Built
1927
MLS Number
554268406
30 Days Snapshot Of 97214
$763k
+18%
(avg) sold price
16
+45%
homes sold
29
-47%
(avg) days on market
Snapshot
Area Map
Additional Details
Basement
Basement: CrawlSpace, PartialBasement, StorageSpace
Building
Building Area Total: 6229, Built in 1927, Storage: Basement, IndividualStorageUnits, Stories: 2, Unit Type Type: UnitTypeType1, UnitTypeType2
Community
Community Features: AllLandscaping, Laundry
Expenses
Operating Expense Scheduled: 79262, Operating Expense: $74,876
Exterior Features
Exterior Description: Stucco
Foundation
Foundation Details: ConcretePerimeter
Heating
Heating: Baseboard, WallHeater
Income
CAP Rate: 5.18, Gross Income: $167,893, Gross Rent Multiplier: 10.69, Gross Scheduled Income: $188,290, Net Operating Income: $93,017, Net Scheduled Income: 109028
Lot
Features: CornerLot, Size Acres: 0.23, Size Range: SqFt10000to14999, Size Square Feet: 10,018, Size: 10,000 to 14,999 SqFt
Miscellaneous
Investor Information: AnnualPropertyOperationData
Property
Number Of Units Total: 10, Zoning: RM2
Roof
Roof: Flat, Membrane, Tile
Security Features
Features: SecurityLights
Sewer
Sewer: PublicSewer
Taxes
Annual Amount: $19,396, Legal Description, Tax Year: 2025
Unit One
Actual Rent: $1,412, Area: 540, Features: HardwoodFloors, Range, Refrigerator, Units Total: 8, 1 total bathroom, 1 total bedroom
Unit Two
Actual Rent: $1,145, Area: 375, Features: HardwoodFloors, Range, Refrigerator, Units Total: 2, 1 total bathroom
Utilities
Fuel Description: Electricity, Hot Water Description: Electricity, Water Source: PublicWater
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Erika George and Kari McGee
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Schools In The Area

Check out nearby schools with ratings and contact info.
Abernethy Elementary School 503-916-6190 Public KG-5
Hosford Middle School 503-916-5640 Public 6-8
Cleveland High School 503-916-5120 Public 9-12
Abernethy Elementary School 503-916-6190 Public KG-5
Abernethy Elementary School 503-916-6190 Public KG-5
Hosford Middle School 503-916-5640 Public 6-8
Cleveland High School 503-916-5120 Public 9-12

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This content last updated on . Some properties which appear for sale on this web site may subsequently have sold or may no longer be available.