About 653 Sw Sherman St
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]
Features of 653 Sw Sherman St
| MLS® # | 591548893 |
|---|---|
| Price | $492,000 |
| Bedrooms | 5 |
| Bathrooms | 2.00 |
| Full Baths | 2 |
| Square Footage | 2,509 |
| Acres | 0.04 |
| Year Built | 1880 |
| Type | Residential |
| Sub-Type | Single Family Residence |
| Style | Victorian |
| Status | Active |
Community Information
| Address | 653 Sw Sherman St |
|---|---|
| Area | 148 - Portland NW/ SW/ S, Raleigh Hills |
| Subdivision | SOUTH PORTLAND |
| City | Portland |
| County | Multnomah |
| State | OR |
| Zip Code | 97201 |
Amenities
| Parking | On Street |
|---|---|
| View | City, Territorial |
| Is Waterfront | No |
| Has Pool | No |
Interior
| Interior Features | Laundry, Luxury Vinyl Plank, Quartz, Skylight(s), Tile Floor, Wall to Wall Carpet, Washer/Dryer, Wood Floors |
|---|---|
| Appliances | Dishwasher, Free-Standing Gas Range, Free-Standing Refrigerator, Quartz, Range Hood, Solid Surface Countertop, Stainless Steel Appliance(s) |
| Heating | Forced Air - 95+% |
| Fireplace | No |
| # of Stories | 3 |
| Has Basement | Yes |
| Basement | Exterior Entry, Partial Basement, Partially Finished |
Exterior
| Exterior | Asbestos, Cement Siding, Shake Siding |
|---|---|
| Exterior Features | Porch, Yard |
| Lot Description | Level |
| Windows | Double Pane Windows, Vinyl Frames |
| Roof | Composition |
School Information
| Elementary | Ainsworth |
|---|---|
| Middle | West Sylvan |
| High | Lincoln |
Additional Information
| Date Listed | September 18th, 2026 |
|---|---|
| Days on Market | 2 |
| Short Sale | No |
| RE / Bank Owned | No |
Listing Details
| Office | Think Real Estate |
|---|