324 W SHERMAN ST Lebanon, OR $ 325,000
324 W SHERMAN ST
$ 325,000
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324 W SHERMAN ST

Lebanon, OR, 97355
$ 325,000
Bedrooms6 Baths3.0 Sq 1,704

Monthly Estimate*

$ 2,028

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Multi-Family Home for sale in Lebanon, OR

for $325,000 with 6 bedrooms and 3 full baths. This 1,704 square foot home was built in 1941 on a lot size of 0.2.

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.

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Multi-Family Pending

Price

$ 325,000

Bedrooms

6

Full Bath

3

Property Type

Multi-Family

Taxes

$ 2,878

Style

Lot Size

0.2

Year Built

1941

Town/City

Lebanon

County/Region

Linn

MLS | Web ID

409505263

Features
General
Sewer PublicSewer
Heating Baseboard
Cooling None
Roof Composition
Zoning RH
Garage Spaces 0
Year Built 1941
Stories Count 1
Tax Year 2024
Parcel Number 0180352
Gross Income 24720.0
County Linn
Net Operating Income 20008.0
Operating Expense 4712.0
Property Type MultiFamily
HOA N
Rent Includes Sewer TrashCollection Water
Status Pending
Directions to W Sherman
High School Lebanon
City Lebanon
Number Of Units Total 3
MLS Area _221
Lot Size Square Feet 8712.0
Listing Terms Cash Conventional
Elementary School Greenacres
Tax Annual Amount 2878.41
Middle/Junior High School Seven Oak
Property Condition Existing
Standard Status Pending
Accessory Dwelling Unit Y/N N
Legal Description 12S02W10DB
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Interior
Basement CrawlSpace
Storage IndividualStorageUnits
Hot Water Electricity
Unit 1 Baths Total 1
Unit 1 Beds Total 2
Unit 2 Baths Total 1
Unit 2 Beds Total 2
Unit 3 Baths Total 1
Unit 3 Beds Total 2
Unit Type UnitTypeType1 UnitTypeType2 UnitTypeType3
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Exterior
Parking Features Assigned
Lot Features Level
Water Source PublicWater
Total Parking 3.0
Exterior Description CementSiding WoodSiding
Foundation Details Block
Building Area Total 1704.0
Lot Size Acres 0.2
Road Surface Type Paved
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Internal Only
Street Number 1 324
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* Excluded Features
List By
Exp Realty Llc

Broker

darren@rickettsgroup.net

Email

Affordability Calculator

$2,267
Per Month
89%
11%
0%
Monthly Principal & Interest
$2,028
Monthly Property Taxes
$240
Monthly Home Insurance
--
Default based on a 30-year fixed rate of 6.375% with 20% down. The estimated payment is offered for convenience and is not an offer of credit. Due to market fluctuations, interest rates are subject to change at any time and without notice. Your individual rate may vary. Rates may differ for FHA, VA or jumbo loans.
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Nearby
1950180 Elementary School
1949627 Middle School
Lebanon High School High School
Pricing History
DatePricePrice ChangeDescription
8/13/2025$325,000 Listed Price

Map


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324 W SHERMAN ST, Lebanon, OR, 97355 is a Multi-Family Home for sale at $325,000 with 1,704 sqft and a lot size of 0.2. 324 W SHERMAN ST has 6 bedrooms, 3.0 baths, and was built in 1941. The property's zip code is 97355 which is in Lebanon, OR