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2010 SE Sherman St
Portland, OR 97214 Hosford-Abernethy

$1,795,000 USD

Apartments For Sale  •  6,168 SF

Property Details

  • Property Type Apartments
  • Total Building Size 6,168 SF
  • Lot Size 0.23 AC
  • Building Class C
  • Year Built 1927
  • Cap Rate 5.18 %
  • Zoning RM2
60 Transit Score
90 Walk Score

Highlights

Pride of Ownership Mediterranean Garden Courtyard Apartments
Excellent Location near 20th & Division in one of Portland's Best Neighborhoods
Beautiful Courtyard Entry Features All New Concrete Walkways
Eight (8) 1BR and Two (2) Studios with Hardwoods & Tiled Kitchens & Baths
Membrane Roof, Newer Vinyl Windows & New Sewer Line
Solid Upside in Rents + Tenants Billed Back for Utilities

Property Flyers

Financial Summary (Actual)

Net Operating Income: $93,017 USD (2025)
Cap Rate: 5.18 %
Total Expenses: $74,876 USD

Public Transportation

Commuter RailDriveWalkDistance
Portland (Amtrak Cascades - Amtrak, Coast Starlight - Amtrak, Empire Builder - Amtrak) 10 min - 3.0 mi
Transit/SubwayDriveWalkDistance
Clinton St/Se 12Th Ave Max Station (MAX Orange Line - TriMet) 2 min 13 min 0.7 mi
Se 17Th Ave & Rhine St Max Station (MAX Orange Line - TriMet) 4 min 16 min 0.9 mi
Se Grand & Mill (Portland Streetcar - B Loop - Portland Streetcar) 3 min 19 min 1.0 mi
Omsi/Se Water Max Station (MAX Orange Line - TriMet) 4 min 20 min 1.1 mi
AirportDriveWalkDistance
Portland International 22 min - 8.5 mi
Jason Waxberg 503-327-8237 Equity Pacific Real Estate LLC
Jason Waxberg 503-327-8237 Equity Pacific Real Estate LLC