2010 SE SHERMAN ST Portland, OR $ 1,795,000
2010 SE SHERMAN ST
$ 1,795,000
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2010 SE SHERMAN ST

Portland, OR, 97214
$ 1,795,000
Bedrooms1 Baths2.0 Sq 6,229

Monthly Estimate*

$ 11,052

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Multi-Family Home for sale in Portland, OR

for $1,795,000 with 1 bedroom and 2 full baths. This 6,229 square foot home was built in 1927 on a lot size of 0.23.

Mediterranean 10-Unit just 2 blocks north of Division. Strong performing property, stucco exterior with newer vinyl windows and membrane roof with tile shingles accenting the apartment entryways. Eight (8) 1BR/1BA units and two (2) Studios with hardwood floors and tiled kitchens and baths. Timeless vintage courtyard features all new concrete walkways poured over steel rebar. This improvement has brought the courtyard back to its original glory. As you enter the courtyard there are two wings comprising six (6) units accessible directly from the courtyard and four (4) units anchor the building in the rear stacked on two levels. New sewer line. Basement features Laundry & Individual Storage. Solid upside on rents, last 1BR rented fast at $1,495 in just days. Professionally managed. Please Do Not Disturb Tenants.

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Multi-Family Active

Price

$ 1,795,000

Bedrooms

1

Full Bath

2

Property Type

Multi-Family

Taxes

$ 19,395

Style

Lot Size

0.23

Year Built

1927

Town/City

Portland

County/Region

Multnomah

MLS | Web ID

554268406

Features
General
Sewer PublicSewer
Heating Baseboard WallHeater
Roof Flat Membrane Tile
Zoning RM2
Security Features SecurityLights
Year Built 1927
Stories Count 2
Tax Year 2025
Parcel Number R214546
Gross Income 167893.0
Community Features AllLandscaping Laundry
County Multnomah
Net Operating Income 93017.0
Operating Expense 74876.0
Property Type MultiFamily
HOA N
Rent Includes MaintenanceGrounds Sewer TrashCollection Water
Status Active
Directions SE 20th & Sherman just 2 blocks north of Division Street
High School Cleveland
City Portland
Number Of Units Total 10
MLS Area _143
Lot Size Square Feet 10018.0
Listing Terms Cash Conventional
Elementary School Abernethy
Tax Annual Amount 19395.78
Middle/Junior High School Hosford
Standard Status Active
Accessory Dwelling Unit Y/N N
Legal Description MAYHEU PK BLOCK 7 LOT 8&9
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Interior
Basement CrawlSpace PartialBasement StorageSpace
Storage Basement IndividualStorageUnits
Hot Water Electricity
Unit 1 Baths Total 1
Unit 1 Beds Total 1
Unit 2 Baths Total 1
Unit 2 Beds Total 0
Unit Type UnitTypeType1 UnitTypeType2
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Exterior
Lot Features CornerLot
Water Source PublicWater
Exterior Description Stucco
Foundation Details ConcretePerimeter
Building Area Total 6229.0
Lot Size Acres 0.23
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Internal Only
Street Number 1 2010
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* Excluded Features
List By
Equity Pacific Real Estate Llc

Broker

jason@equitypacificrealestate.com

Email

Affordability Calculator

$12,668
Per Month
87%
13%
0%
Monthly Principal & Interest
$11,052
Monthly Property Taxes
$1,616
Monthly Home Insurance
--
Default based on a 30-year fixed rate of 6.25% 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
1949937 Elementary School
1950530 Middle School
Cleveland High School High School
Pricing History
DatePricePrice ChangeDescription
4/2/2026$1,795,000 Listed Price

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2010 SE SHERMAN ST, Portland, OR, 97214 is a Multi-Family Home for sale at $1,795,000 with 6,229 sqft and a lot size of 0.23. 2010 SE SHERMAN ST has 1 bedrooms, 2.0 baths, and was built in 1927. The property's zip code is 97214 which is in Portland, OR