653 Sw SHERMAN St, Portland, OR 97201

• 5 beds |
• 2 baths |
• 2,509 sqft

Property Description

Location, location, location - first time buyers, 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! First time buyers will appreciate the value and close-in location! Other perks include two updated bathrooms on the main and a patio perfect for outdoor hangs and barbecues. 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]

Listing Status:

Active

Date Added:

September 18, 2026

Data Last Updated:

October 20, 2026 at 8:41PM

Listing Office:

Think Real Estate : 503-847-2722

Listing Agent:

Charity Chesnek : 503-997-1372

MLS ID:

591548893

Interior

• General: LaundryLuxury vinyl plankQuartzSkylightTile floorWallto wall carpetWasher dryerWood floors
• Appliances: DishwasherFree standing gas rangeFree standing refrigeratorQuartzRange hoodSolid surface countertopStainless steel appliance
• Basement: Exterior entryPartial basementPartially finished
• Heating: Forced air 95 plus

Exterior

• General: AsbestosCement sidingShake sidingPorchYard
• Style: Victorian
• Parking: On streetParking spaces: 0

Construction

• Roofing: Composition
• Windows: DoublePaneWindowsVinylFrames

Location

• Road/Access: Paved
• Originating MLS: Regional Multiple Listing ServiceInc.
• County: Multnomah

Lot

• Zoning: CARUTHERS ADDBLOCK 36S 20' OF W 27' OF E 77' OF LOT 3W 27'R128762
• View: View

Utilities

• Water: Public water
• Sewer: Public sewer

Financial

• Source: Regional Multiple Listing ServiceInc.