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16115 SE Sherman, Portland, OR 97233

About this home

Excellent newer units for a very choice rental area of Portland.make all offers contingent on internal inspection.CAP RATE:8.25

Multi-familyProperty Type

14 spacesParking

Source:Public Records

Redfin Estimate

There isn’t enough information to generate an accurate estimate at this time. Learn More

Market trends in Centennial, OR

Last updated September 2026

Buyer's Market

Seller's Market

Seller's market

Sale-to-list price

99.8%

1.3% MoM

Median sale price

$410K

$115 MoM

Avg. days on market

31d

10 days MoM

Recently sold homes

5 MoM

New listings for sale

OPEN SUN, 12PM TO 2:30PM
$424,900
3 beds1 bath1,008 sq ft
15532 SE Lincoln St, Portland, OR 97233
Jorge Bentura • Century 21 North Homes Realty
NEW 16 HRS AGO
$374,900
3 beds3 baths1,501 sq ft
50 SE 139th Ave, Portland, OR 97233
Hoi Pham • iStar Realty LLC
NEW 19 HRS AGO
$495,000
4 beds2 baths1,754 sq ft
16528 SE Taylor St, Portland, OR 97233
Jennifer Burch • MORE Realty
NEW 22 HRS AGO
$374,500
2 beds2 baths719 sq ft
18149 SE Pine St, Portland, OR 97233
Jennifer Weitzel • Better Homes & Gardens Realty
NEW 26 HRS AGO
$425,000
3 beds1 bath1,178 sq ft
611 SE 146th Ave, Portland, OR 97233
Dale Carstensen • Urban Nest Realty
OPEN TODAY, 11AM TO 2PM
$550,000
4 beds2 baths1,680 sq ft
1331 SE 160th Pl, Portland, OR 97233
Luis Solis • HomeSmart Realty Group
$425,000
3 beds1 bath1,072 sq ft
17114 SE Madison St, Portland, OR 97233
Stephanie Peck • eXp Realty, LLC
$169,900
2 beds1 bath812 sq ft
319 SE 162nd Ave #319, Portland, OR 97233
Diana Parker • Diana Parker PBLN
$395,000
3 beds1 bath864 sq ft
17708 SE Clay St, Portland, OR 97233
Donna Hanlon • Oregon First
$397,000
3 beds1 bath946 sq ft
18630 SE Yamhill Cir, Portland, OR 97233
Chris Caffee • Real Broker
See all

Provided by Redfin

Sale history for 16115 SE Sherman

This is a new listing, so no sales records exist yet. As the MLS and public records start to fill up, we'll list the details here.

Public record

Public record
Zoning
Permits

Beds

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Baths

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Stories

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Lot width

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Lot depth

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Lot size

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Year renovated

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Sq. Ft.

—

Year built

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Style

Multi-Family (5+ Unit)

County

Multnomah County

APN

R-6497901

Parking Spaces

—

Basement

—

Accessible

—

HOA Dues

—

Garage

—

Features

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Last updated by owner on Aug 13, 2024.

CM1

Commercial/Mixed Use 1 Zone

The Commercial/Mixed Use 1 (CM1) zone is a small-scale zone intended for sites in dispersed mixed use nodes within lower density residential areas, as well as on neighborhood corridors and at the edges of neighborhood centers, town centers and regional centers. The zone is also appropriate in core commercial areas of centers in locations where older commercial storefront buildings of 1 to 2 stories are predominant. This zone allows a mix of commercial and residential uses. The size of commercial uses is limited to minimize impacts on surrounding residential areas. Buildings in this zone will generally be up to three stories tall. Development is intended to be pedestrian-oriented and compatible with the scale and characteristics of adjacent residentially zoned areas or low-rise commercial areas.

Permitted uses

Include but are not limited to:

Religious facility
Day care facility
Hospital / medical center
Housing
Housing-Group
Educational/school
Park & open space

Property details

Around this home

Schools

Parklane Elementary School

Public K-5 • Assigned • 0.6mi

6/10

Centennial High School

Public 9-12 • Assigned • 1.2mi

4/10

Provided by GreatSchools

Lifestyle

Provided by Walk Score and Local Logic

Climate risks

1/10 Flood Factor

Minimal risk of a flood reaching the building in the next 30 years

1/10 Fire Factor

Unlikely to be in a wildfire in next 30 years

3/10 Heat Factor

7 days above 92° expected this year, 15 days in 30 years

1/10 Wind Factor

Minimal risk of severe winds over next 30 years

10/10 Air Factor

23 unhealthy days expected this year, 27 days in 30 years

Provided by First Street

Historical weather

Portland, OR • 97233

Average low and high temperatures (°F)

Jan

Feb

Mar

Apr

May

Jun

Jul

Aug

Sep

Oct

Nov

Dec

Sun exposure

In this area, properties receive around 9.8 hours in June and 2 hours in December, placing it below the U.S. average for solar exposure.

9.8 hrs

2 hrs

JuneDecember

Provided by Shadowmap

Is this your home?

Track this home’s value and nearby sales activity

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New listings for sale in 97233

OPEN SUN, 12PM TO 2:30PM

$424,900

3 beds1 bath1,008 sq ft

15532 SE Lincoln St, Portland, OR 97233

Jorge Bentura • Century 21 North Homes Realty

NEW 16 HRS AGO

$374,900

3 beds3 baths1,501 sq ft

50 SE 139th Ave, Portland, OR 97233

Hoi Pham • iStar Realty LLC

NEW 19 HRS AGO

$495,000

4 beds2 baths1,754 sq ft

16528 SE Taylor St, Portland, OR 97233

Jennifer Burch • MORE Realty

NEW 22 HRS AGO

$374,500

2 beds2 baths719 sq ft

18149 SE Pine St, Portland, OR 97233

Jennifer Weitzel • Better Homes & Gardens Realty

NEW 26 HRS AGO3D WALKTHROUGH

$425,000

3 beds1 bath1,178 sq ft

611 SE 146th Ave, Portland, OR 97233

Dale Carstensen • Urban Nest Realty

OPEN TODAY, 11AM TO 2PM3D WALKTHROUGH

$550,000

4 beds2 baths1,680 sq ft

1331 SE 160th Pl, Portland, OR 97233

Luis Solis • HomeSmart Realty Group

$425,000

3 beds1 bath1,072 sq ft

17114 SE Madison St, Portland, OR 97233

Stephanie Peck • eXp Realty, LLC

$169,900

2 beds1 bath812 sq ft

319 SE 162nd Ave #319, Portland, OR 97233

Diana Parker • Diana Parker PBLN

$395,000

3 beds1 bath864 sq ft

17708 SE Clay St, Portland, OR 97233

Donna Hanlon • Oregon First

Home values near 16115 SE Sherman

Data from public records.

Address	Redfin Estimate
16116 Southeast Sherman St, Portland, OR 3 Beds \| 2 Baths \| 1698 Sq. Ft.	$397,737
15927 Southeast Sherman St, Portland, OR 3 Beds \| 2 Baths \| 1628 Sq. Ft.	$364,001

Address	Redfin Estimate
16121 Southeast Sherman St, Portland, OR - Beds \| - Baths \| - Sq. Ft.	—
16040 Southeast Sherman St, Portland, OR 2 Beds \| 1 Baths \| 884 Sq. Ft.	$307,210

Address	Redfin Estimate
16001 Southeast Sherman St, Portland, OR 3 Beds \| 1.5 Baths \| 1920 Sq. Ft.	$462,863
16007 Southeast Sherman St, Portland, OR 2 Beds \| 1 Baths \| 1110 Sq. Ft.	$370,816

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GreatSchools Ratings provided by GreatSchools.org.

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16115 SE Sherman, Portland, OR 97233

About this home

Redfin Estimate

Market trends in Centennial, OR

Sale history for 16115 SE Sherman

Public record

Property details

Public facts

Around this home

Schools

Lifestyle

Climate risks

Historical weather

Sun exposure

Is this your home?

Nearby similar homes

New listings for sale in 97233

Home values near 16115 SE Sherman

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