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$474,900

  • For Sale
  • Active
  • Single Family
  • 5 Beds
  • 2 Full Baths
  • 2,509 Sq. Ft.
  • Updated 7 days ago
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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 for group living. First time buyers will appreciate the value and close-in location! 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]

Full Property Details for 653 SW Sherman St

General

  • Price: $474,900
  • Taxes: $7,244 (2025)
  • Status: Active
  • Type: Single Family
  • Source: RWMLS
  • MLS ID: 591548893
  • Updated: 10/1/2026
  • Added to Site: 21 day(s) ago

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)

Rooms

Bathrooms

  • Total Bathrooms: 2
  • Full Bathrooms: 2
  • Upper - Full Baths: 1
  • Main - Full Baths: 1

Bedrooms

  • Total Bedrooms: 5
  • Primary Bedroom: 8 x 18, Upper, 144 Sq. Ft.
  • Bedroom 2: 9 x 10, Upper, 90 Sq. Ft.
  • Bedroom 3: 8 x 10, Upper, 80 Sq. Ft.
  • Bedroom 4: 8 x 14, Main, 112 Sq. Ft.
  • Bedroom 5: 9 x 9, Lower, 81 Sq. Ft.

Other Rooms

  • Living Room: 11 x 21, Main, 231 Sq. Ft.
  • Kitchen: 11 x 11, Main, 121 Sq. Ft.
  • Dining Room: 11 x 11, Main, 121 Sq. Ft.

Exterior

  • Exterior Features: Porch, Yard

Parking

  • Parking Features: On Street

Location

  • County: Multnomah
  • Subdivision: SOUTH PORTLAND
  • Driving Directions: go south on SW 6th (one-way st.) just south of 405 turn right on Sherman

School Information

  • Elementary School: Ainsworth
  • Middle School: West Sylvan
  • High School: Lincoln

Community

  • Community Name: 148 - Portland NW/ SW/ S, Raleigh Hills

Heating & Cooling

  • Heating Type: Forced Air - 95+%
  • Heating Fuel: Gas

Utilities

  • Sewer: Public Sewer
  • Water: Public Water

Structural Information

  • Property Detached: Yes
  • Architectural Style: Victorian
  • Basement Desc.: Exterior Entry, Partial Basement, Partially Finished
  • Roof: Composition
  • Windows: Double Pane Windows, Vinyl Frames
  • Stories/Levels: 3
  • Square Feet: 2,509
  • Year Built: 1880
  • Property Condition: Resale

Lot Features

  • Lot Size (Acres): 0.04
  • Lot Size (Sq. Ft.): 1,742
  • Lot Size: 0K to 2, 999 SqFt
  • Frontage: Paved
  • Lot Features: Level

Green Features

  • Green Certified: Yes

Financial Considerations

  • Tax Amount: $7,244.98
  • Tax Year: 2025
  • Terms: Cash, Conventional

Disclosures and Reports

  • Legal Description: CARUTHERS ADD, BLOCK 36, S 20' OF W 27' OF E 77' OF LOT 3, W 27'
  • Disclosures/Reports: Disclosure
  • Property ID: R128762

Listed by Think Real Estate (503) 847-2722, Charity Chesnek (503) 997-1372 and Think Real Estate (503) 847-2722, Shannon Sansoterra (503) 260-9383

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Listing agents

— 653 SW Sherman St —

  • Charity Chesnek

    Think Real Estate

    503-847-2722

  • Shannon Sansoterra

    Think Real Estate

    503-847-2722

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NMLS#: 1598647

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Save up to an additional 20% by bundling your home and auto together!

Be ready to buy your new home!

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NMLS#: 1598647

Get Pre-Approved

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with our affiliated in-house agency

Request a Quote

Save up to an additional 20% by bundling your home and auto together!

Schools serving 653 SW Sherman St

School District:Portland School District 1j
NameGradesDistance
Ainsworth Elementary School
2425 Southwest Vista Avenue, Portland, OR 97201
K-50.7 mi
West Sylvan Middle School
8111 Southwest West Slope Drive, Portland, OR 97225
6-83.7 mi
Lincoln High School, Portland, OR
1750 Southwest Salmon Street, Portland, OR 97205
9-120.9 mi
Disclaimer: School attendance boundaries provided by ATTOM Data Solutions and are for reference only. Contact the school directly to verify enrollment eligibility.

Price & Sales History for 653 SW Sherman St Get Price Alerts and Save Property

Date
Details
Price
Change
Source
10/01/2026
Price Reduced
$474,900
-3.48%
MLS
9/18/2026
Listed
$492,000
—
MLS
Get Price Alerts and Save Property
Disclaimer: Historical sales information is derived from public records provided by the county offices. Information is not guaranteed and should be independently verified.

Tax History for 653 SW Sherman St

Year
Property Taxes
Change
Tax Assessment
Change
2025
$7,245
4%
$269,130
3%
2024
$6,985
4%
$261,300
3%
2023
$6,716
4%
$253,690
6%
2021
$6,460
-2%
$239,140
-3%
2022
$6,571
2%
$246,310
6%
2021
$6,460
13%
$232,180
3%
2019
$5,708
3%
$225,420
3%
2018
$5,540
4%
$218,860
3%
2017
$5,310
9%
$212,490
3%
2016
$4,859
34%
$206,310
34%
2015
$3,627
4%
$153,540
3%
2014
$3,496
11%
$149,070
3%
2013
$3,151
—
$144,730
—
View All
Disclaimer: Historical tax information is derived from public records provided by the county offices. Information is not guaranteed and should be independently verified.

Estimate the Cost for 653 SW Sherman St

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Listed by Think Real Estate (503) 847-2722, Charity Chesnek (503) 997-1372 and Think Real Estate (503) 847-2722, Shannon Sansoterra (503) 260-9383

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653 SW Sherman St, Portland, OR 97201 (MLS# 591548893) is a Single Family property with 5 bedrooms and 2 full bathrooms. 653 SW Sherman St is currently listed for $474,900 and was received on September 18, 2026. Want to learn more about 653 SW Sherman St? Do you have questions about finding other Single Family real estate for sale in Portland? You can browse all Portland real estate or contact a Coldwell Banker agent to request more information.

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