Shawn Realty 503-515-4499
5 bd • 2 ba • 2,509 sq ft
653 SW SHERMAN ST, Portland, OR 97201
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- Bedrooms
- 5
- Total Baths
- 2
- Building Area
- 2,509 sq ft
- Price/Sq Ft
- $179/sq ft
- Year Built
- 1880
- County
- Multnomah
- Annual Tax
- $7,650 (2026)
- HOA
- None
- Days on Market
- 56 days
- Open House
- None scheduled
Monthly payment
$3,455 per month
- Principal & interest$2,724
- Property taxes$638
- HOA dues$0
- Home insurance$94
- Utilities$0
10% down · 30-year fixed · 7.11% rate · 7.211% APR (est.)
Rate: Freddie Mac weekly average, as of 11/12/2026. Estimate by Shawn Realty, not RMLS data.
Estimate by Shawn Realty, not RMLS data.
- Interest rate: 7.11% (7.211% APR, estimated). Rate: Freddie Mac weekly average, as of 11/12/2026.
- Down payment: 10% ($44,990) on $449,900; loan $404,910
- Term: 30-year fixed (360 monthly payments)
- Property taxes: $638/mo (RMLS annual tax ÷ 12)
- HOA dues: $0 (no HOA in RMLS)
- Home insurance: $94/mo (Shawn Realty assumption, 0.25% of price per year; not a quote)
- Est. APR assumes 1% of the loan amount in points and lender fees.
This is an estimate. Verify exact numbers with your lender.
Estimate only, not a loan offer or commitment. Principal, interest, est. property tax and HOA. Excludes homeowners insurance, mortgage insurance (PMI, typically required with under 20% down) and other costs. Actual rate, APR and payment depend on credit, lender and loan program. Talk to a licensed loan officer.
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%5D
Facts & Features
| Property Type | Residential |
|---|---|
| Sub-Type | Single Family Residence |
| Bedrooms | 5 |
| Total Baths | 2 |
| Full Baths | 2 |
| Partial Baths | 0 |
| Building Area (sq ft) | 2509 |
| Lot Size (acres) | 0.04 |
| Lot Size (sq ft) | 1742 |
| Year Built | 1880 |
| Garage Spaces | 0 |
| County | Multnomah |
| Subdivision | SOUTH PORTLAND |
| Elementary School | Ainsworth |
| Middle School | West Sylvan |
| High School | Lincoln |
| Heating | Forced Air 95 Plus |
| Appliances | Dishwasher, Free Standing Gas Range, Free Standing Refrigerator, Quartz, Range Hood, Solid Surface Countertop, Stainless Steel Appliance |
| Interior Features | Laundry, Luxury Vinyl Plank, Quartz, Skylight, Tile Floor, Wallto Wall Carpet, Washer/Dryer, Wood Floors |
| Exterior Features | Porch, Yard |
| Basement | Exterior Entry, Partial Basement, Partially Finished |
| Style | Victorian |
| Roof | Composition |
| View | Yes |
| Lot Features | Level |
| Parking | On Street |
| Sewer | Public Sewer |
| Water | Public Water |
| Annual Taxes | $7,650 |
| Tax Year | 2026 |
| Original List Price | $492,000 |
| RMLS # | 591548893 |
Map data © OpenStreetMap contributors (not RMLS data).
Listed by Charity Chesnek • Think Real Estate
Listing updated: Oct 26, 2026 at 4:22pm
Source: RMLS #591548893
The content relating to real estate for sale on this web site comes in part from the IDX program of the RMLS of Portland, Oregon. Real estate listings held by brokerage firms other than Shawn Realty are marked with the RMLS logo, and detailed information about these properties includes the name of the listing brokers. Listing content is copyright © 2026 RMLS, Portland, Oregon.
All information provided is deemed reliable but is not guaranteed and should be independently verified.
This content last updated on 11/09/2026 17:45. Some properties which appear for sale on this web site may subsequently have sold or may no longer be available.
IDX information is provided exclusively for consumers' personal, non-commercial use, may not be used for any purpose other than to identify prospective properties consumers may be interested in purchasing, and is deemed reliable but is not guaranteed accurate by RMLS.
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Shawn Yu, Shawn Realty · 503-515-4499
Shawn Yu (Shawn Realty) is not the listing agent for this home.
Shawn Realty