Shawn Realty 503-515-4499
2,485 sq ft
13414 NW SHERRY ST, Portland, OR 97229
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- Building Area
- 2,485 sq ft
- Price/Sq Ft
- $313/sq ft
- Year Built
- 1951
- County
- Washington
- Annual Tax
- $5,077 (2025)
- Days on Market
- 110 days
- Open House
- None scheduled
Monthly payment
$5,335 per month
- Principal & interest$4,749
- Property taxes$423
- HOA dues$0
- Home insurance$162
- Utilities$0
10% down · 30-year fixed · 7.18% rate · 7.281% APR (est.)
Rate: Freddie Mac weekly average, as of 11/05/2026. Estimate by Shawn Realty, not RMLS data.
Estimate by Shawn Realty, not RMLS data.
- Interest rate: 7.18% (7.281% APR, estimated). Rate: Freddie Mac weekly average, as of 11/05/2026.
- Down payment: 10% ($77,900) on $779,000; loan $701,100
- Term: 30-year fixed (360 monthly payments)
- Property taxes: $423/mo (RMLS annual tax ÷ 12)
- HOA dues: $0 (no HOA fee listed in RMLS)
- Home insurance: $162/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
*Don't Walk the Property* Cap rate is 6.2% with current rental income. 5-10 additional units can be added! Recent remodeling includes all new water and sewer line, new tankless water heaters, new electrical panels. Exceptional investment and development opportunity in the heart of Cedar Mill! This remodeled duplex features two spacious 3-bedroom, 1-bath units, offering strong rental appeal in a highly desirable location. A detached shop provides additional income and yard care, currently leased for $600/month. Situated on a generous, multi-family zoned lot, the property offers significant upside with the potential to add approximately 5-10 additional units while retaining the existing improvements. Estimated 9–12 unit project is achievable while keeping the existing structure. (buyer to complete all due diligence with Washington County). Minutes to Nike, Intel, downtown Portland, shopping, restaurants, parks, and public transit, this is a rare opportunity to own a cash-flowing asset with outstanding future development potential.
Facts & Features
| Property Type | Multi Family |
|---|---|
| Building Area (sq ft) | 2485 |
| Lot Size (acres) | 0.34 |
| Lot Size (sq ft) | 14810 |
| Year Built | 1951 |
| County | Washington |
| Elementary School | Bonny Slope |
| Middle School | Cedar Park |
| High School | Sunset |
| Heating | Forced Air |
| Roof | Composition |
| View | No |
| Lot Features | Level |
| Parking | Driveway, Garage |
| Sewer | Public Sewer |
| Water | Public Water |
| Annual Taxes | $5,077 |
| Tax Year | 2025 |
| Original List Price | $799,000 |
| RMLS # | 741838046 |
Map data © OpenStreetMap contributors (not RMLS data).
Listed by Rachelle Kammann • Kevin Morris Realty
Listing updated: Oct 4, 2026 at 11:39am
Source: RMLS #741838046
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 00:15. 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