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Sarita Dua

OPERATOR | The AskSarita Team | Keller Williams Sunset Corridor

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653 SW Sherman St , Portland, OR 97201
$449,900
Est. Payment: $2,417.08/mo
5 Bed
2 Bath
2509 Sqft
0.04 Acres
Status: active | Days on site: 34
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THNK01 - CHESNEKC,SANSOTER
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House Description

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! First time buyers will appreciate the value and close-in location! Other perks include two updated bathrooms on the main and a patio perfect for outdoor hangs and barbecues. 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]

Highlights

Listed by Charity Chesnek , 503-997-1372 and Shannon Sansoterra , 503-847-2722 Think Real Estate , 503-847-2722. Portland Regional Multiple Listing Service mls logo

Property Type

Residential

Lot/Acreage
0.04

Year Built

1880

County

Multnomah

Area

148 - Portland NW/ SW/ S, Raleigh Hills

Neighborhood

South Portland

Listing ID

591548893

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Interior Features

Bedrooms and Bathrooms
  • ▪ Bedrooms:5
  • ▪ Bathrooms:2
  • ▪ Full Bathrooms:2
Appliances:Dishwasher, Free-Standing Gas Range, Free-Standing Refrigerator, Quartz, Range Hood, SolidSurfaceCountertop, Stainless Steel Appliance(s)
Basement:Exterior Entry,Partial Basement,Partially Finished
Other:
  • ▪ Additional:Laundry, LuxuryVinylPlank, Quartz, Skylight, Tile Floor, Wall to Wall Carpet, Washer/Dryer, Wood Floors
Water:Public Water

Exterior Features

Lot:Level
Garage Capacity:0
Roof:Composition
Others:
  • ▪ Additional:Porch, Yard, Resale
Sewer:Public Sewer
Parking Features:On Street
Principal Interest
$2,417
Taxes
$604

Home Price

$449,900

Loan Details

30 yrs
7.093%

Down Payment

20%
$89,980
All calculations are estimates and provided by Blueroof360. Today’s Rates provided by Blueroof360. Information and interactive calculators are made available to you only as self-help tools for your independent use and are not intended to provide investment or tax advice. We cannot and do not guarantee their applicability or accuracy in regards to your individual circumstances. All examples are hypothetical and are for illustrative purposes. We encourage you to seek personalized advice from qualified professionals regarding all personal finance issues.
Monthly Price:
$2,417.08

Principal

Taxes

Principal Taxes HOA Total
Monthly $2,417.08 $603.75 $0.00 $3,020.83
Yearly $29,004.95 $7,244.98 $0.00 $36,249.93
Total $870,148.38 $217,349.40 $0.00 $1,087,497.78

Today's Rates

30 Year

7.09%

20 Year

6.88%

15 Year

6.42%

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Market insight data is pulled from the same city as the listing being viewed (Portland, OR).

The schools listed are within a 2-mile radius of the property; however, attendance is not guaranteed. Please contact the local school district to confirm zoning and enrollment options.


The data relating to real estate for sale on this web site comes in part from the Portland Regional Multiple Listing Service. Real estate listings held by brokerage firms other than The AskSarita Team | Keller Williams Sunset Corridor are marked with the IDX logo and detailed information about them includes the name of the listing brokers.

All information deemed reliable but not guaranteed and should be independently verified. All properties are subject to prior sale, change or withdrawal. Neither listing broker(s) nor technology provider shall be responsible for any typographical errors, misinformation, misprints and shall be held totally harmless.

Property locations as displayed on any map are best approximations only and exact locations should be independently verified.

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Data last updated: 2026-10-23T07:04:11.000Z

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