$540,000
$10K PRICE DROP

54 W Sherman St Lebanon, OR 97355

Estimated payment $3,134/month

Total Views 5,809
6 Beds
3 Baths
4,698 Sq Ft
$115 Price per Sq Ft

About This Home

LOOK at that BRAND NEW ROOF!!! Excellent investment opportunity with this mixed use property that has 3 nice apartments and a downstairs retail space with 30 ft of sidewalk frontage. Great location within a block of Main St and short distance to stores, schools, etc. Building is sprinklered, has separately metered electricity & gas and has 4 parking spaces in back. Possible Owner Occupant Multi Plex!! Refer to MLS#820239

Listing Agent

Bryson Lewis

CENTURION REAL ESTATE SERVICES License #201216032 Listed on: 08/20/2024

Property Details

Home Type

  • Multi-Family

Est. Annual Taxes

  • $2,300

Year Built

  • Built in 1910

Lot Details

  • 3,920 Sq Ft Lot
  • Lot Dimensions are 30x132

Home Design

  • 4,698 Sq Ft Home
  • Quadruplex
  • Slab Foundation
  • Tar and Gravel Roof
  • Vinyl Siding

Bedrooms and Bathrooms

  • 6 Bedrooms
  • 3 Bathrooms

Utilities

  • Heating System Uses Gas

Community Details

  • 4 Units

Listing and Financial Details

  • Legal Lot and Block 5-6 / 3

Property Details

Home Type

Multi-Family

Est. Annual Taxes

$2,300

Year Built

Built in 1910

Lot Details

0

Listing Details

  • Class: Multi Family
  • Type: 4-Plex
  • Syndicated Remarks: LOOK at that BRAND NEW ROOF!!! Excellent investment opportunity with this mixed use property that has 3 nice apartments and a downstairs retail space with 30 ft of sidewalk frontage. Great location within a block of Main St and short distance to stores, schools, etc. Building is sprinklered, has separately metered electricity & gas and has 4 parking spaces in back. Possible Owner Occupant Multi Plex!! Refer to MLS#820239
  • Cross Street: Main St
  • Year Built: 1910
  • Special Features: None
  • Property Sub Type: MultiFamily

Interior Features

  • Total Bathrooms: 3
  • Total Bedrooms: 6
  • Price Per Sq Ft: 114.94
  • Price Per Sq Ft: 114.94

Exterior Features

  • Foundation: Slab
  • Roof: Tar
  • Siding: Vinyl

Utilities

  • Heating: Gas, Electric
  • Water: City
  • Sewer: City

Lot Info

  • Acres: 0.09
  • Estimated Lot Dimensions: 30x132
  • Lot: 5-6
  • Price Per Acre: 6000000
  • Geo Subdivision: OR

Tax Info

  • Tax Years: 2024
  • Tax Account Number: 178984
  • Tax Amount: 2300

Multi Family

  • Number Of Units: 4

Map

Range of Values:

Collateral Analytics

Collateral Analytics Collateral Analytics AVMs (Automated Valuation Model) employ a number of statistical approaches combined with neighborhood-specific comparable selection guarantees the most up-to-date and precise valuations.

Not Available

Collateral Analytics does not have data for the current month. Please view the chart for historical values.

ICE

ICE Mortgage Technology ICE Mortgage Technology’s AVM (Automated Valuation Model) is a state-of-the-art online residential property valuation tool that provides a quick and accurate estimate of the value of almost any home in the U.S.

Not Available

ICE Mortgage Technology does not have data for the current month. Please view the chart for historical values.

First American

First American First American Data & Analytics’ next-generation AVM combines unrivaled data assets with a blended ensemble of valuation models to produce highly accurate, reliable valuations you can trust.

Not Available

First American does not have data for the current month. Please view the chart for historical values.

Quantarium

Quantarium Quantarium’s valuation service, repeatedly proven the industry’s most accurate and comprehensive, is supercharged with a self-learning and auto-tuning AI engine that continually becomes smarter and more accurate as it processes daily inputs from the industry’s leading RE data lake.

Not Available

Quantarium does not have data for the current month. Please view the chart for historical values.

Average Value
Not Available
List Price
Sold Price
Create a Home Valuation Report for This Property
The Home Valuation Report is an in-depth analysis detailing your home's value as well as a comparison with similar homes in the area

Home Values in the Area

Source: Public Records

Average Home Value in this Area





Source: Public Records

Tax History

Year Tax Paid Tax Assessment Tax Assessment Total Assessment is a certain percentage of the fair market value that is determined by local assessors to be the total taxable value of land and additions on the property. Land Improvement
2024 $2,301 $109,470 -- --
2023 $2,226 $106,290 $0 $0
2022 $2,180 $103,200 $0 $0
2021 $2,102 $100,200 $0 $0
2020 $2,076 $97,290 $0 $0
2019 $1,973 $94,460 $0 $0
2018 $1,957 $91,710 $0 $0
2017 $1,911 $89,040 $0 $0
2016 $1,853 $86,450 $0 $0
2015 $1,742 $84,020 $0 $0
2014 $1,747 $81,580 $0 $0
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
04/14/2025 04/14/25 Price Changed $540,000 +9.1% $115 / Sq Ft
01/06/2025 01/06/25 Price Changed $495,000 -9.2% $105 / Sq Ft
09/24/2024 09/24/24 Price Changed $545,000 -0.9% $116 / Sq Ft
08/20/2024 08/20/24 For Sale $550,000 +205.6% $117 / Sq Ft
03/10/2014 03/10/14 Sold $180,000 -10.0% $38 / Sq Ft
03/05/2014 03/05/14 Pending -- -- --
02/17/2014 02/17/14 For Sale $200,000 -- $43 / Sq Ft
Source: Willamette Valley MLS

Purchase History

Date Type Sale Price Title Company
Warranty Deed $180,000 Ticor Title
Source: Public Records

Mortgage History

Date Status Loan Amount Loan Type
Open $140,000 Seller Take Back
Source: Public Records

Similar Homes in Lebanon, OR

  • 91 S Main St, Lebanon, OR 97355

    $635,000

    • 6 Beds
    • 3 Baths
    • 3,115 Sq Ft
    • 91 S Main St
    • Lebanon, OR

    Dreaming of a home that pays you back? This historic 1910 gem pulls double duty! Downstairs delights AirBnB guests (earning ~$35k/yr!) while the stylish upstairs awaits your vision-live in it, rent it, or host another lucky guest. Think marble vanities, cozy wine cellar, and soaking tub! All just steps from Lebanon's medical campus, public library and downtown charm. This is not just a duplex -

    Sue Long KELLER WILLIAMS REALTY MID WILLAMETTE

    Section Image
  • 760 S 16th (-770) St, Lebanon, OR 97355

    $438,000

    • 4 Beds
    • 2 Baths
    • 1,856 Sq Ft
    • 760 S 16th (-770) St
    • Lebanon, OR

    Accepted Offer with Contingencies. Back to active- no fault of seller/property. Exceptionally maintained duplex on the NW end of town- quick and easy access to HWY 34, I5, shopping and close proximity to WesternU! 2bed/1bath units situated on .29 acre lot, each with attached 1-car garage. Both units feature gas forced air, gas water heaters, and separate utility room. Back yards fully fenced for

    KARISTEN BAXTER PREMIERE PROPERTY GROUP, LLC ALBANY

    Section Image
  • 2210 S 7th (-2220) St, Lebanon, OR 97386

    $650,000

    • 6 Beds
    • 3,014 Sq Ft
    • 2210 S 7th (-2220) St
    • Lebanon, OR

    Accepted Offer with Contingencies. Fabulous new construction duplex! Each unit features 1507SF. The 3 primary suite and 2 bedrooms are all located upstairs, den on main. There are 3 bathrooms, a primary suite, and a full bathroom upstairs on the main. One single car garage for each unit with extra parking in the drive and spacious lot. Great opportunity for investment or owner user. One owner is

    Josh Mitchell SILVER RIDGE REALTY

    Section Image
  • 951 Wassom St, Lebanon, OR 97355

    $685,000

    • 6 Beds
    • 4 Baths
    • 2,804 Sq Ft
    • 951 Wassom St
    • Lebanon, OR

    Don’t miss this sought-after neighborhood—an excellent addition to any investment portfolio. Each unit offers a spacious 3-bedroom, 2-bath layout with 1,402 sq. ft. of living space, plus its own driveway and garage for added convenience. Side 951 has been completely renovated, featuring an updated kitchen with a stylish new tile backsplash, modern hardware, a new garbage disposal, and more.

    Andy Wilcox Matin Real Estate

    Section Image
  • 2634 S 7th St, Lebanon, OR 97355

    $599,000

    • 6 Beds
    • 3 Baths
    • 3,096 Sq Ft
    • 2634 S 7th St
    • Lebanon, OR

    This well-maintained triplex presents a fantastic investment opportunity, offering three units in a highly desirable area. Each unit includes its own parking space with a single-car garage for added tenant convenience. Ideally located for commuters, the property provides easy access to major roads and public transportation. Whether you’re expanding your rental portfolio or seeking a property with

    Sherri Gregory KELLER WILLIAMS REALTY-GHT

    Section Image
  • 560 Manor Way, Lebanon, OR 97355

    $435,000

    • 4 Beds
    • 2 Baths
    • 1,608 Sq Ft
    • 560 Manor Way
    • Lebanon, OR

    This 0.24-acre lot offers a fantastic opportunity for investors or homeowners seeking versatility. With an attached single-car garage, it’s perfect for either an investment property or a one-side owner occupancy. Recently updated with fresh flooring and paint, the home has a refreshed look . Enjoy the privacy and security of a fully fenced yard, perfect for pets or outdoor activities. Located on

    Sherri Gregory KELLER WILLIAMS REALTY-GHT

    Section Image
  • 2488 Roll Tide (-2490) Ct, Lebanon, OR 97355

    $629,900

    • 6 Beds
    • 6 Baths
    • 2,622 Sq Ft
    • 2488 Roll Tide (-2490) Ct
    • Lebanon, OR

    Brand NEW Duplex that can generate $3990 in monthly rents! 3 bedroom, 2.5 bath, 1,311 sqft per side in an amazing location! Excellent location sited off of River Dr. between the Santiam River and Cheadle Lake Park, just steps from N. Shore Trail with walking trail access to the South Santiam River via Riverview Park. Live in one side and rent out the other, or live/rent out both! Creek front and

    Mark Shadrin BERKSHIRE HATHAWAY HOMESERVICES R E PROF

    Section Image

Source: Willamette Valley MLS

MLS Number: 820582

Willamette Valley MLS

APN: 0178984