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$530,000

  • Sold
  • Closed
  • Multi-Family
  • 6 Total Beds
  • Updated 6 days ago

Listed By: BRYSON. LEWIS | Centurion Real Estate Services | (541) 760-9964
Sold by ALISON. CLOWSER | Oregon First | Cell: 541-760-9964

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3 nice apartments & 4th unit is a retail space with 30 ft of sidewalk frontage. New roof installed in July including professional abatement! Excellent investment opportunity with mixed use property! Great location near Main st and short distance to stores, schools, etc. Building is sprinklered, has separately metered electricity & gas and has 4 parking spaces in back. Each apartment had updates on the previous turns (interior pictures available upon request).

Full Property Details for 54 W Sherman St

General

  • Sold For: $530,000
  • Taxes: $2,300 (2024)
  • Status: Closed
  • Type: Multi-Family
  • Source: WVMLS
  • MLS ID: 833426
  • Added to Site: 178 day(s) ago

Interior

  • Flooring: Laminate

Rooms

Bathrooms

  • Total Bathrooms: 3

Bedrooms

  • Total Bedrooms: 6

Location

  • County: LINN COUNTY

Heating & Cooling

  • Heating Type: Gas, Electric
  • Heating Fuel: Gas, Electric
  • Water Heater: Electric

Utilities

  • Sewer: City
  • Water: City
  • # Electric Meters: 90

Structural Information

  • Roof: Tar
  • Square Feet: 4,698
  • Below Ground: 200 Sq. Ft.
  • Year Built: 1910

Unit Information

  • Units in Building: 4

Unit 1

  • Square Feet: 1315
  • Total Bathrooms: 1
  • Bedrooms: 3

Unit 2

  • Square Feet: 1144
  • Total Bathrooms: 1
  • Bedrooms: 2

Unit 3

  • Square Feet: 723
  • Total Bathrooms: 1
  • Bedrooms: 1

Unit 4

  • Square Feet: 1500
  • Level: Ticor
  • Total Bathrooms: 1

Unit 5

  • Square Feet: 3

Unit 6

  • Bedrooms: 1

Lot Features

  • Lot Size (Acres): 0.09
  • Lot Size (Sq. Ft.): 723
  • Frontage Feet: 1144
  • Lot Description: 5-6

Financial Considerations

  • Price Per Sq. Ft.: $112.81
  • Price Per Acre: $5,722,222.22
  • Assessment Year: 1910
  • Assessment Amount: $30
  • Tax Amount: $2,300
  • Tax Year: 2024

Disclosures and Reports

  • Lot Number: 5-6

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NMLS#: 1598647

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NMLS#: 1598647

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Schools serving 54 W Sherman St

School District:Lebanon Community School District 9
NameGradesDistance
Green Acres School
700 South 10th Street, Lebanon, OR 97355
K-50.7 mi
Seven Oak Middle School
550 Cascade Drive, Lebanon, OR 97355
6-82.1 mi
Lebanon High School
1700 South 5th Street, Lebanon, OR 97355
9-120.7 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 54 W Sherman St

Date
Details
Price
Change
Source
2/26/2026
Sold
$530,000
2.91%
MLS
9/08/2025
Listed
$515,000
—
MLS
Disclaimer: Historical sales information is derived from public records provided by the county offices. Information is not guaranteed and should be independently verified.

Just Listed near 54 W Sherman St

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1257 NE Lafayette St, Albany, OR 97321 - Photo 1 Just Listed
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1257 NE Lafayette St  Albany, OR 97321

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  • 3
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  • 1,722
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2066 NW Violet Ave, Albany, OR 97321 - Photo 1 Just Listed
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2926 Canter Av NE, Albany, OR 97321 - Photo 1 Just Listed
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2926 Canter Av NE  Albany, OR 97321

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Listed By: LEANNA. LANGLEY | Nexthome Realty Connection

Price Reduced near 54 W Sherman St

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3804 SE Goldfish Farm Rd, Albany, OR 97322 - Photo 1 Price Reduced
-$10,000 (-2.33%)
$419,900
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3804 SE Goldfish Farm Rd  Albany, OR 97322

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Listed by Realty One Group Willamette Valley, Shasta Krake
1840 Lyon St SW, Albany, OR 97322 - Photo 1 Price Reduced
-$10,000 (-2.44%)
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1840 Lyon St SW  Albany, OR 97322

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  • Active
  • Updated 4 days ago
  • 3
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  • 3
    Total Baths
  • 1,288
    Sq. Ft.
Listed By: ROBIN. RAMIREZ | Coldwell Banker Mountain West Real Estate, Inc.
6173 Savannah St SE, Albany, OR 97322 - Photo 1 Price Reduced
-$5,000 (-1.04%)
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6173 Savannah St SE  Albany, OR 97322

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Listed By: NOELLE. MOEN | Re/Max Integrity Corvallis Branch and MICHAEL. KRASILOVSKY | Re/Max Integrity Corvallis Branch
1450 North Albany Rd NW, Albany, OR 97321 - Photo 1 Price Reduced
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1450 North Albany Rd NW  Albany, OR 97321

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    Sq. Ft.
Listed By: NIK. KULIKOV | Cascade Hasson Sotheby's International Realty

Recent Sales near 54 W Sherman St

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855 F St, Lebanon, OR 97355 - Photo 1 Sold
$476,000

855 F St  Lebanon, OR 97355

  • Single Family
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  • 3
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  • 3
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  • 1,584
    Sq. Ft.
Listed By: BROOKS. VAN DE WOESTIJNE | Premiere Property Group, Llc Albany and JAYDEN. BONTRAGER | Premiere Property Group, Llc Albany
Sold by SARAH. KINZER | Oregon Realty Nw
762 Randall Dr, Lebanon, OR 97355 - Photo 1 Sold
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762 Randall Dr  Lebanon, OR 97355

  • Single Family
  • Sold
  • 4
    Beds
  • 2
    Total Baths
  • 1,854
    Sq. Ft.
Listed by Keller Williams Realty, Karli Krueger
Sold by Century 21 North Homes Realty, Debora Runnion-Jessup
762 Randall Dr, Lebanon, OR 97355 - Photo 1 Sold
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762 Randall Dr  Lebanon, OR 97355

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  • Closed
  • 4
    Beds
  • 3
    Total Baths
  • 1,854
    Sq. Ft.
Listed By: MARA. GREGORY | Keller Williams / Eugene & Springfield
Sold by NOM. NON-MEMBER SALE | Non-Member Sale
1989 S 12th St, Lebanon, OR 97355 - Photo 1 Sold
$476,660

1989 S 12th St  Lebanon, OR 97355

  • Single Family
  • Closed
  • 3
    Beds
  • 3
    Total Baths
  • 1,878
    Sq. Ft.
Listed and Sold by ANGELA. CAMBERN | Cambern Homes Llc

54 W Sherman St, Lebanon, OR 97355 (MLS# 833426) is a Multi-Family property that was sold at $530,000 on February 26, 2026. Want to learn more about 54 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.