Listing provided courtesy of Equity Pacific Real Estate LLC- MLS# 554268406
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Request Info2010 SE SHERMAN STPortland, OR 97214
Multi-Family · 6,229 Sq. ft. | 0.23 Acres$1,595,000
Active
2010 SE SHERMAN ST Overview
- Time on Site:
- 89 days
- Visits:
- 1
Great value in this Mediterranean 10-Unit just 2 blocks north of Division! Strong tenant demand for this timeless apt bldg 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 water line 2006. 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.
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2010 SE SHERMAN ST Facts & Features
- Type Multi-Family
- Sq. ft. 6,229
- Price/Sq.ft. $256
- Lot 0.23 Acres
Details
General
School Information
- Elementary School: Abernethy
- Middle Or Junior School: Hosford
- High School: Cleveland
Income/Expenses
- Gross Income: 170173.0
- Gross Scheduled Income: 188290.0
- Net Operating Income: 95297.0
- Operating Expense: 74876.0
Building Information
- Year Built: 1927
Location/Region
- Country: US
- County Or Parish: Multnomah
- MLS Area Major: 143 - Portland Southeast
Community/Development
- Community Features: All Landscaping,Laundry
Rent/Lease Information
- Rent Includes: Maintenance Grounds,Sewer,Trash Collection,Water
Tax Information
- Tax Annual Amount: 19395.78
- Tax Year: 2025
General Information
- Listing Terms: Cash,Conventional
- Parcel Number: R214546
- Property Type: Multi Family
- Zoning: RM2
Interior
Building Interior
- Building Area Total: 6229.0
General Information
- Basement: Crawl Space,Partial Basement,Storage Space
- Foundation Details: Concrete Perimeter
- Heating: Baseboard,Wall Heater
- Security Features: Security Lights
- Stories: 2
Exterior
Lot Information
- Lot Features: Corner Lot
- Lot Size Acres: 0.23
- Lot Size Square Feet: 10018.0
- Water Source: Public Water
Building Exterior/Construction
- Roof: Flat,Membrane,Tile
General Information
- Number Of Units Total: 10
- Sewer: Public Sewer
2010 SE SHERMAN ST Neighborhood
Community
97214 (Portland) Demographics
36
Median Age
9,926
Population Density (per sq. mile)
69%
College Educated
$74,871
Estimated Median Income
4,343
Estimated Total Home Owners
9,709
Estimated Total Renters
31% / 69%
Estimated Owner / Renter Divide
2
Estimated Average Household Size
Schools
School data courtesy of LiveBy, Inc. School ratings are based on a scale of 1-5, with 5 being the highest rating and 1 being the lowest rating.2010 SE SHERMAN ST Monthly Cost
2010 SE SHERMAN ST Market Data
Based on the last 30 days in this zip code
$703,130
Average List Price
$336
Average Price per Square Foot
22
Properties Sold
56
Average Days on Market
69
Properties for Sale
2010 SE SHERMAN ST History
| Date | Value | Agent |
|---|---|---|
| 5/15/2026Source: Regional MLS | $1,595,000 -5.9% |
|
| 4/23/2026Source: Regional MLS | $1,695,000 -5.6% |
|
| 4/1/2026Source: Regional MLS | April 01, 2026 |