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$340,000
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Property Description
Welcome to 326, 332, and 334 W Sherman Street - a cute triplex in Lebanon, Oregon. Excellent investment opportunity with strong cash flow! This well-maintained triplex features one stand-alone unit plus two connected units, all with vinyl windows. Recent upgrades include a new roof, new trim, fresh exterior paint, and partial new siding. Each unit's second bedroom is smaller and without a closet. All units are fully rented to long-term tenants, providing reliable income from day one.
Full Property Details
Full Property Details for 324 W Sherman St
General
- Sold For: $340,000
- Taxes: $2,878 (2024)
- Status: Closed
- Type: Multi-Family
- Source: WVMLS
- MLS ID: 832580
- Added to Site: 201 day(s) ago
Interior
- Flooring: Carpet, Wood
Rooms
Bathrooms
- Total Bathrooms: 3
Bedrooms
- Total Bedrooms: 6
Location
- County: LINN COUNTY
- Driving Directions: W Sherman
School Information
- Elementary School: Green Acres
- Middle School: Seven Oak
- High School: Lebanon
Heating & Cooling
- Heating Type: Baseboard
- Heating Fuel: Baseboard
- Water Heater: Electric
Utilities
- Sewer: City
- Water: City
Structural Information
- Roof: Composition
- Square Feet: 1,704
- Year Built: 1941
Unit Information
- Units in Building: 3
- Units w/Refrigerators: 20008
- Units w/Range/Oven: 4712
Unit 1
- Square Feet: 576
- Total Bathrooms: 1
- Bedrooms: 2
Unit 2
- Square Feet: 564
- Total Bathrooms: 1
- Bedrooms: 2
Unit 3
- Square Feet: 564
- Total Bathrooms: 1
- Bedrooms: 2
Unit 4
- Level: Western
Unit 5
- Square Feet: 2
Unit 6
- Bedrooms: 2
Lot Features
- Lot Size (Acres): 0.2
- Lot Size (Sq. Ft.): 564
- Frontage Feet: 564
- Zoning: RH
Financial Considerations
- Price Per Sq. Ft.: $199.53
- Price Per Acre: $1,625,000
- Assessment Year: 1941
- Tax Amount: $2,878
- Tax Year: 2024
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Schools
Schools serving 324 W Sherman St
School District:Lebanon Community School District 9
| Name | Grades | Distance |
|---|---|---|
Green Acres School 700 South 10th Street, Lebanon, OR 97355 | K-5 | 0.5 mi |
Seven Oak Middle School 550 Cascade Drive, Lebanon, OR 97355 | 6-8 | 2.2 mi |
Lebanon High School 1700 South 5th Street, Lebanon, OR 97355 | 9-12 | 0.7 mi |
Disclaimer:
School attendance boundaries provided by Pitney Bowes and are for reference only. Contact the school directly to verify enrollment eligibility.
Price & Sales History for 324 W Sherman St
Date
Details
Price
Change
Source
12/19/2025
Sold
$340,000
4.62%
MLS
8/13/2025
Listed
$325,000
—
MLS
Disclaimer: Historical sales information is derived from public records provided by the county offices. Information is not guaranteed and should be independently verified.
324 W Sherman St, Lebanon, OR 97355 (MLS# 832580) is a Multi-Family property that was sold at $340,000 on December 19, 2025. Want to learn more about 324 W Sherman St? Do you have questions about finding other Multi-Family real estate for sale in Lebanon? You can browse all Lebanon real estate or contact a Coldwell Banker agent to request more information.

