Listed by: Better Homes & Gardens Realty (503) 332-0046
Open House Saturday Nov 2nd 11-1. Endless opportunities with this duplex in the heart of the Hosford-Abernethy neighborhood and OMSI District! Nestled in at SE 10th & Sherman, this home is zoned EX, allowing for both commercial and residential use. The upper unit is 999 sqft and features two bedrooms, a full bathroom, large living and dining areas and a laundry room. The lower unit is 919 sqft with a large family room, a bedroom and one bathroom with laundry hookup. Fabulous central location with a walking score of 95 and a perfect 100 biking score! Enjoy the convenience to shopping, public transportation and tons of restaurants right outside your door! Previous tenant rented out the lower unit as an Airbnb, endless opportunities with this one.
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 Better Homes & Gardens Realty are marked with the RMLS™ logo, and detailed information about these properties includes the names of the listing brokers. Listing content is copyright © 2025 RMLS™, Portland, Oregon. Some properties which appear for sale on this web site may subsequently have sold or may no longer be available. The listing broker’s offer of compensation is made only to participants of the MLS where the listing is filed. All information provided is deemed reliable but is not guaranteed and should be independently verified. Data last updated: Tuesday, February 4th, 2025 at 08:03:05 AM.
Data services provided by IDX Broker
Price: | $489,000 |
Address: | 1024 SE SHERMAN ST |
City: | Portland |
County: | Multnomah |
State: | Oregon |
Zip Code: | 97214 |
Subdivision: | HOSFORD ABERNETHY |
MLS: | 24407024 |
Year Built: | 1903 |
Square Feet: | 1,918 |
Acres: | 0.05 |
Lot Square Feet: | 0.05 acres |
roof: | Composition |
sewer: | Public Sewer |
viewYN: | yes |
capRate: | 7.58 |
country: | US |
heating: | Baseboard, Gas Stove, Wall Heater |
stories: | 2 |
taxYear: | 2024 |
basement: | Finished |
coolingYN: | no |
heatingYN: | yes |
directions: | SE Division, N on SE 11th, L on Sherman |
highSchool: | Cleveland |
grossIncome: | 27810 |
lotFeatures: | Level |
openHouseYN: | yes |
shortSaleYN: | no |
waterSource: | Public Water |
daysOnMarket: | 126 |
listingTerms: | Cash, Conventional |
lotSizeRange: | 0K to 2, 999 SqFt |
mlsAreaMajor: | Portland Southeast |
rentIncludes: | None |
unitTypeType: | 1, 2 |
unitType1Area: | 999 |
unitType2Area: | 919 |
fuelDescription: | Electricity, Gas |
parkingFeatures: | Driveway, On Street |
roadSurfaceType: | Concrete, Paved |
taxAnnualAmount: | 3950.97 |
viewDescription: | City |
elementarySchool: | Abernethy |
operatingExpense: | 9270 |
foundationDetails: | Slab |
lotSizeSquareFeet: | 2178 |
propertyCondition: | Approximately |
unitType1Features: | Deck, Hardwood Floors, Refrigerator, Washer/Dryer Hookup |
unitType2Features: | Refrigerator, Washer/Dryer Hookup |
netOperatingIncome: | 37080 |
numberOfUnitsTotal: | 2 |
propertyAttachedYN: | no |
unitType1BedsTotal: | 2 |
unitType2BedsTotal: | 1 |
exteriorDescription: | Cedar |
grossRentMultiplier: | 17.58 |
hotWaterDescription: | Electricity |
listAgentKeyNumeric: | 55431 |
unitType1ActualRent: | 1695 |
unitType1BathsTotal: | 1 |
unitType1UnitsTotal: | 1 |
unitType2ActualRent: | 1395 |
unitType2BathsTotal: | 1 |
unitType2UnitsTotal: | 1 |
greenCertificationYN: | no |
middleOrJuniorSchool: | Hosford |
thirdPartyApprovalYN: | no |
currentPriceForStatus: | 489000 |
internetAddressDisplayYN: | yes |
virtualTourUrlUnbranded3YN: | no |
propertyRecordUpdateTimestamp: | 2025-01-11T16:31:00+00:00 |
internetEntireListingDisplayYN: | yes |