Sold

$603,000

2123-2125 SE Sherrett St, Portland, OR 97202

4beds

1,584sqft

Multi Family

Built in 1968

-- sqft lot

$-- Zestimate^®

$381/sqft

$3,319 Estimated rent

Home value

Not available

Estimated sales range

Not available

$3,319/mo

Zestimate^® history

Owner options

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$3,319/mo

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$3,319/mo

Rent Zestimate^®

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$3,745/mo

Est. payment

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$3,745/mo

Est. payment

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What's special

Extensive recent updatesPeaceful setting for residentsConvenient off-street parkingGorgeous thoughtful landscaping

PLEASE DO NOT DISTURB TENANTS, BOTH UNITS OCCUPIED. 10 out of 10 energy scores! Discover an exceptional investment opportunity in coveted Sellwood. This meticulously maintained 1968 side-by-side duplex offers a rare blend of charm and modern updates, presenting an outstanding chance for investors. This wonderful property has a strong rental history with infrequent vacancies. Its prime location, directly across from a charming pocket park, provides a peaceful setting for residents while offering convenient off-street parking and gorgeous, thoughtful landscaping. With its combination of extensive recent updates, desirable location, and proven rental performance, this duplex presents both immediate returns and long-term appreciation potential. Don't miss this chance to own a lucrative investment property in one of Portland's most sought-after neighborhoods. Please respect tenant privacy – offers subject to inspection.

Facts & features

Interior

Bedrooms & bathrooms

Bedrooms: 4
Bathrooms: 2
Full bathrooms: 2

Heating

Mini Split

Cooling

Air Conditioning

Appliances

Included: Dishwasher, Washer/Dryer, Electric Water Heater

Features

Basement: Crawl Space

Interior area

Total structure area: 1,584
Total interior livable area: 1,584 sqft

Property

Parking

Total spaces: 2
Parking features: Off Street, On Street
Has uncovered spaces: Yes

Features

Stories: 1
Patio & porch: Deck
Has view: Yes
View description: Park/Greenbelt

Lot

Size: 4,791 Square Feet
Dimensions: 50' x 100'
Features: Level, Private, SqFt 5000 to 6999

Details

Parcel number: R268005
Zoning: RM1dp

Construction

Type & style

Home type: MultiFamily
Property subtype: Multi Family

Materials

Brick, T111 Siding, Wood Siding
Foundation: Concrete Perimeter
Roof: Composition

Condition

Updated/Remodeled
Year built: 1968

Utilities & green energy

Sewer: Septic Tank
Water: Public

Community & HOA

Community

Features: All Landscaping
Subdivision: Sellwood

Location

Region: Portland

Financial & listing details

Price per square foot: $381/sqft
Tax assessed value: $623,730
Annual tax amount: $5,927
Date on market: 10/18/2024
Cumulative days on market: 8 days
Listing terms: Cash,Conventional
Total actual rent: 3735
Road surface type: Paved

Price history

Date	Event	Price
1/2/2025	Sold	$603,000+0.7%$381/sqft
Source: RMLS (OR) #24035941 Report a problem
10/26/2024	Pending sale	$599,000$378/sqft
Source: RMLS (OR) #24035941 Report a problem
10/18/2024	Listed for sale	$599,000+313.4%$378/sqft
Source: RMLS (OR) #24035941 Report a problem
12/16/1998	Sold	$144,900$91/sqft
Source: Public Record Report a problem

Public tax history

Year	Property taxes	Tax assessment
2025	$6,149 +3.7%	$228,190 +3%
2024	$5,928 +4%	$221,550 +3%
2023	$5,700 +2.2%	$215,100 +3%
2022	$5,577 +1.7%	$208,840 +3%
2021	$5,482 +9%	$202,760 +3%
2020	$5,029 +3.8%	$196,860 +3%
2019	$4,844	$191,130 +3%
2018	$4,844 +3%	$185,570 +3%
2017	$4,702 +14%	$180,170 +3%
2016	$4,124	$174,930 +3%
2015	$4,124 +2.7%	$169,840 +10.4%
2014	$4,016 +11.4%	$153,860 +3%
2013	$3,605 +10.5%	$149,380 +3%
2012	$3,261 +3.9%	$145,030 +3%
2011	$3,138 +5.4%	$140,810 +3%
2010	$2,978 +2.7%	$136,710 +3%
2009	$2,900 +6%	$132,730 +3%
2008	$2,737 +0.3%	$128,870 +3%
2007	$2,728 +11.4%	$125,120 +3%
2006	$2,450 +4.7%	$121,480 +3%
2005	$2,340 -8.2%	$117,950 +3%
2004	$2,549 +2.3%	$114,520 +3%
2003	$2,493 +8.9%	$111,190 +3%
2002	$2,289 +7.4%	$107,960 +6.1%
2000	$2,132	$101,770